PPG Industries, Inc. (PPG) Financial Statements
PPG Industries financial statements at a glance
PPG Industries reported revenue of $15.88 billion for fiscal year 2025 (ended December 31, 2025), up 0.2% from fiscal year 2024. Net income was $1.58 billion, a net margin of 9.9%.
At the end of fiscal year 2025 it had total assets of $22.10 billion, total liabilities of $14.16 billion and shareholders' equity of $7.94 billion, with total debt of $7.31 billion.
Its operations brought in $1.94 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
PPG Industries, Inc.
Income Statement
Annual • USD
PPG Industries key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $15.9B | $15.8B | $16.2B | $15.6B | $16.8B |
| Gross profit | $6.6B | $6.6B | $6.6B | $5.7B | $6.5B |
| Operating income | $2.1B | $1.8B | $1.8B | $1.4B | $1.7B |
| Net income | $1.6B | $1.1B | $1.3B | $1.0B | $1.4B |
| Diluted EPS | – | – | – | – | $6.01 |
| Total assets | $22.1B | $19.4B | $21.6B | $20.7B | $21.4B |
| Total liabilities | $14.2B | $12.6B | $13.8B | $14.2B | $14.9B |
| Shareholders' equity | $7.9B | $6.8B | $7.8B | $6.6B | $6.3B |
| Cash | – | – | – | – | $1.0B |
| Total debt | $7.3B | $5.8B | $6.1B | $6.8B | $7.5B |
| Operating cash flow | $1.9B | $1.4B | $2.4B | $963.0M | $1.6B |
| Capital spending | – | – | – | – | $371.0M |
| Free cash flow | – | – | – | – | $1.2B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was PPG Industries's revenue in fiscal year 2025?
$15.88 billion, up 0.2% from $15.85 billion in fiscal year 2024.
How much profit does PPG Industries make?
PPG Industries reported net income of $1.58 billion for fiscal year 2025 (9.9% of revenue); operating income was $2.12 billion.
How much cash and debt does PPG Industries have?
At the end of fiscal year 2025: total debt of $7.31 billion.
