PPG Industries, Inc.
PPG Industries, Inc. (PPG) Financial Performance & Income Statement Overview
Explore the financials of PPG Industries, Inc. (PPG), including yearly and quarterly data on income, cash flow, and balance sheets.
PPG Industries, Inc. (PPG) Income Statement & Financial Overview
View the income breakdown for PPG Industries, Inc. PPG across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $3.68B | $2.17B | $4.58B | $4.79B |
| Cost of Revenue | $2.14B | $1.41B | $2.66B | $2.89B |
| Gross Profit | $1.54B | $755.00M | $1.91B | $1.91B |
| Gross Profit Ratio | $0.42 | $0.35 | $0.42 | $0.40 |
| R&D Expenses | $102.00M | $98.00M | $105.00M | $111.00M |
| SG&A Expenses | $838.00M | $188.00M | $1.06B | $1.08B |
| Operating Expenses | $1.06B | $374.00M | $1.30B | $1.19B |
| Total Costs & Expenses | $3.20B | $1.78B | $3.96B | $4.08B |
| Interest Income | $43.00M | $42.00M | $48.00M | $45.00M |
| Interest Expense | $56.00M | $57.00M | $67.00M | $62.00M |
| Depreciation & Amortization | $121.00M | $88.00M | $129.00M | $134.00M |
| EBITDA | $679.00M | $155.00M | $807.00M | $889.00M |
| EBITDA Ratio | $0.18 | $0.07 | $0.18 | $0.19 |
| Operating Income | $481.00M | $381.00M | $616.00M | $738.00M |
| Operating Income Ratio | $0.13 | $0.18 | $0.13 | $0.15 |
| Other Income/Expenses (Net) | $21.00M | -$371.00M | -$5.00M | -$45.00M |
| Income Before Tax | $502.00M | $10.00M | $611.00M | $693.00M |
| Income Before Tax Ratio | $0.14 | $0.005 | $0.13 | $0.14 |
| Income Tax Expense | $122.00M | $53.00M | $137.00M | $156.00M |
| Net Income | $373.00M | -$280.00M | $468.00M | $528.00M |
| Net Income Ratio | $0.10 | -$0.13 | $0.10 | $0.11 |
| EPS | $1.64 | -$1.20 | $2.01 | $2.25 |
| Diluted EPS | $1.63 | -$1.20 | $2.00 | $2.24 |
| Weighted Avg Shares Outstanding | $228.00M | $233.30M | $233.30M | $234.50M |
| Weighted Avg Shares Outstanding (Diluted) | $228.90M | $234.30M | $234.30M | $235.70M |
The company's financials show resilient growth, with revenue advancing from $4.79B in Q2 2024 to $3.68B in Q1 2025. Gross profit remained healthy with margins at 42% in Q1 2025 compared to 40% in Q2 2024. Operating income hit $481.00M last quarter, sustaining a consistent 13% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $679.00M. Net income rose to $373.00M, while earnings per share reached $1.64. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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