PPG Industries, Inc. (PPG) Earnings History
Annual and quarterly earnings data from 1989 to 2025
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PPG EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
PPG Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 38.0% | 13.7% | 9.9% |
| 2024 | 41.6% | 14.4% | 7.0% |
| 2023 | 40.4% | 12.5% | 7.8% |
| 2022 | 36.1% | 10.7% | 6.6% |
| 2021 | 38.8% | 10.0% | 8.6% |
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PPG Industries, Inc. (PPG) Earnings Overview
As of May 8, 2026, PPG Industries, Inc. (PPG) reported trailing twelve-month net income of $1.58B, reflecting +45.7% year-over-year growth. The company earned $7.06 per diluted share over the past four quarters, with a net profit margin of 9.9%.
Looking at the long-term picture, PPG's 5-year EPS compound annual growth rate (CAGR) stands at +9.2%, showing solid earnings momentum. The company achieved its highest annual net income of $3.23B in fiscal 2013.
PPG Industries, Inc. maintains positive profitability with a gross margin of 38.0%, operating margin of 13.7%, and net margin of 9.9%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including SHW ($2.60B net income, 10.9% margin), RPM ($667M net income, 9.3% margin), AXTA ($369M net income, 7.4% margin), PPG has room to improve margins relative to the peer group. Compare PPG vs SHW →
PPG Earnings vs Peers
Earnings metrics vs comparable public companies
PPG Historical Earnings Data (1989–2025)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.58B | +41.2% | $2.17B | $6.92 | 9.9% | 13.7% |
| 2024 | $1.12B | -12.1% | $2.29B | $4.75 | 7.0% | 14.4% |
| 2023 | $1.27B | +23.8% | $2.04B | $5.35 | 7.8% | 12.5% |
| 2022 | $1.03B | -28.7% | $1.67B | $4.32 | 6.6% | 10.7% |
| 2021 | $1.44B | +35.9% | $1.69B | $6.01 | 8.6% | 10.0% |
| 2020 | $1.06B | -14.8% | $1.78B | $4.45 | 7.7% | 12.9% |
| 2019 | $1.24B | -7.3% | $1.95B | $5.22 | 8.2% | 12.8% |
| 2018 | $1.34B | -15.9% | $1.86B | $5.46 | 8.7% | 12.1% |
| 2017 | $1.59B | +82.6% | $2.01B | $6.18 | 10.8% | 13.7% |
| 2016 | $873M | -37.9% | $1.19B | $3.28 | 6.1% | 8.3% |
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Start ComparisonPPG — Frequently Asked Questions
Quick answers to the most common questions about buying PPG stock.
Is PPG growing earnings?
PPG EPS is $7.06, with earnings growth accelerating to +45.7%. This exceeds the 5-year CAGR of +9.2%. TTM net income reached $1.6B.
What are PPG's profit margins?
PPG Industries, Inc. net margin is +9.9%, with operating margin at +13.7%. Margins sit within typical range for the sector.
How consistent are PPG's earnings?
PPG earnings data spans 1989-2025. The accelerating earnings trend is +45.7% YoY. Historical data enables comparison across business cycles.