PPG
PPG Industries, Inc.
Stock
$105.15+0.48 (+0.46%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.5B | $16.2B | $15.6B | $16.8B | $13.8B | $15.1B | $15.4B | $14.7B | $14.3B | $14.2B | $14.8B | $15.1B | $13.5B | $13.2B | $13.4B | $12.2B |
| Cost of revenue | $8.5B | $9.7B | $10.0B | $10.3B | $7.8B | $8.7B | $9.0B | $8.2B | — | — | — | — | — | — | — | — |
| Gross profit | $6.0B | $6.6B | $5.6B | $6.5B | $6.1B | $6.5B | $6.4B | $6.5B | — | — | — | — | — | — | — | — |
| R&D | $419M | $446M | $457M | $463M | $401M | $456M | $464M | $472M | $473M | $484M | $499M | $479M | $444M | $443M | $408M | $403M |
| SG&A | $2.8B | $3.4B | $3.0B | $3.8B | $3.4B | $3.6B | $3.6B | $3.6B | $3.6B | $3.6B | $3.7B | $3.5B | $3.0B | $3.1B | $3.0B | $2.9B |
| Other operating expenses | — | $42M | $103M | $102M | $158M | $162M | $218M | $221M | — | — | — | — | — | — | — | — |
| Operating income | $2.7B | $2.7B | $2.0B | $2.2B | $2.1B | $2.3B | $2.1B | $2.3B | $2.4B | $2.3B | $2.2B | $1.9B | $1.6B | $1.7B | $1.7B | $1.2B |
| Non-operating income | −$801M | −$985M | −$687M | −$356M | −$747M | −$610M | −$425M | −$287M | −$1.6B | −$542M | −$845M | −$697M | −$801M | −$435M | −$427M | −$569M |
| Pretax income | $1.9B | $1.7B | $1.4B | $1.8B | $1.4B | $1.7B | $1.7B | $2.0B | $779M | $1.7B | $1.3B | $1.2B | $828M | $1.2B | $1.3B | $617M |
| Taxes | $419M | $420M | $329M | $376M | $303M | $418M | $352M | $411M | −$94M | $339M | −$756M | −$2.0B | −$113M | $127M | $526M | $281M |
| Net income | $1.5B | $1.3B | $1.0B | $1.4B | $1.1B | $1.2B | $1.3B | $1.6B | $873M | $1.4B | $2.1B | $3.2B | $941M | $1.1B | $769M | $336M |
| Diluted EPS | $6.31 | $5.35 | $4.32 | $6.01 | $4.45 | $5.22 | $5.47 | $6.18 | $3.27 | $5.14 | $7.52 | $11.13 | $3.03 | $3.44 | $2.32 | $1.02 |
| Diluted shares | — | 237.2M | 237.3M | 239.4M | 237.9M | 238.2M | 245.4M | 257.8M | 267.4M | 273.6M | 279.6M | 290.2M | 310.2M | 318.6M | 331.8M | 331.0M |
| Revenue growth | — | +4.0% | −7.1% | +21.5% | −8.7% | −1.5% | +4.2% | +3.3% | +0.2% | −3.7% | −2.1% | +11.8% | +2.7% | −2.0% | +9.7% | — |
| Gross margin | 41.2% | 40.4% | 36.1% | 38.8% | 43.8% | 42.9% | 41.5% | 44.3% | — | — | — | — | — | — | — | — |
| Operating margin | 18.7% | 16.5% | 13.1% | 12.9% | 15.2% | 15.0% | 13.8% | 15.5% | 16.7% | 16.1% | 14.8% | 12.7% | 12.1% | 12.6% | 12.8% | 9.7% |
| Net margin | 10.3% | 7.8% | 6.6% | 8.6% | 7.7% | 8.2% | 8.7% | 10.8% | 6.1% | 9.9% | 14.2% | 21.4% | 7.0% | 8.3% | 5.7% | 2.7% |