PPG Industries › Financials
PPG Industries financials
PPGTen years from PPG Industries’ own SEC filings. Fiscal years end in December.
Income statement
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Mar 2026 | Latest quarterMar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.27B | $14.75B | $15.37B | $15.15B | $13.83B | $16.80B | $15.61B | $16.24B | $15.85B | $15.88B | $16.12B | — |
| Operating income | $2.38B | $2.29B | $2.12B | $2.27B | $2.11B | $2.17B | $2.04B | $2.67B | — | — | — | — |
| Net income | $873.0M | $1.59B | $1.34B | $1.24B | $1.06B | $1.44B | $1.03B | $1.27B | $1.12B | $1.58B | $1.58B | — |
| Earnings per share, diluted | $3.27 | $6.18 | $5.47 | $5.22 | $4.45 | $6.01 | $4.32 | $5.35 | $4.75 | $6.94 | — | — |
Balance sheet
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Mar 2026 | Latest quarterMar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.82B | $1.44B | $902.0M | $1.22B | $1.83B | $1.00B | $1.10B | $1.51B | $1.27B | $2.16B | — | $1.57B |
| Total assets | $15.77B | $16.54B | $16.02B | $17.71B | $19.56B | $21.35B | $20.74B | $21.65B | $19.43B | $22.10B | — | $22.15B |
| Debt | $4.30B | $4.12B | $5.00B | $5.03B | $5.30B | $6.57B | $6.80B | $6.04B | $5.80B | $7.30B | — | $7.10B |
| Total liabilities | $10.86B | $10.87B | $11.28B | $12.30B | $13.74B | $14.94B | $14.04B | $13.62B | $12.47B | $14.00B | — | $13.90B |
| Shareholders' equity | $4.83B | $5.56B | $4.63B | $5.28B | $5.69B | $6.29B | $6.59B | $7.83B | $6.79B | $7.94B | — | $8.10B |
Cash flow
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Mar 2026 | Latest quarterMar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.35B | $1.57B | $1.47B | $2.08B | $2.13B | $1.56B | $963.0M | $2.41B | $1.42B | $1.94B | $1.99B | — |
| Capital spending | $380.0M | $360.0M | $411.0M | $413.0M | $304.0M | $371.0M | $486.0M | $516.0M | $721.0M | $778.0M | $765.0M | — |
| Free cash flow | $971.0M | $1.21B | $1.06B | $1.67B | $1.83B | $1.19B | $477.0M | $1.90B | $699.0M | $1.16B | $1.23B | — |
| Buybacks | $1.05B | $813.0M | $1.72B | $325.0M | $0 | $210.0M | $190.0M | $86.0M | $752.0M | $790.0M | $492.0M | — |
| Dividends | $414.0M | $434.0M | $453.0M | $468.0M | $496.0M | $536.0M | $570.0M | $598.0M | $622.0M | $628.0M | — | — |
| Returned to shareholders | $1.46B | $1.25B | $2.17B | $793.0M | $496.0M | $746.0M | $760.0M | $684.0M | $1.37B | $1.42B | $492.0M | — |
| Stock-based pay | $45.0M | $35.0M | $37.0M | $39.0M | $44.0M | $57.0M | $34.0M | $56.0M | $42.0M | $46.0M | $34.0M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
PPG Industries financials, answered
What is PPG Industries' market cap?
$23.87B at $107.39 a share, with 222,300,000 shares outstanding as of Jun 30, 2026, from the cover of its latest SEC filing.
How much does PPG Industries earn?
Revenue of $16.12B and net income of $1.58B in the last 12 months to Mar 2026.
How much debt does PPG Industries have?
PPG Industries reported $7.10B of debt and $1.57B of cash and equivalents on its balance sheet in Mar 2026.
Does PPG Industries make free cash flow?
Yes. Operating cash flow minus capital spending was $1.23B in the last 12 months to Mar 2026.
How much cash does PPG Industries return to shareholders?
$1.42B in buybacks and dividends in fiscal 2025, from the cash flow statement.