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PPGPPG Industries, Inc.
$122.38$27.2B
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HomeStocksPPGEarnings History

PPG logoPPG Industries, Inc. (PPG) Earnings History

Steady Earner

37 years of earnings data (1989–2025) · Positive but moderate multi-year EPS trajectory

TTM Net Income
$1.57B
● Profitable
TTM EPS (Diluted)
$7.03
Per share, diluted
YoY EPS Growth
+45.7%
Excellent
Net Margin
9.9%
After-tax profitability
EPS Growth Rate (CAGR)
1Y+45.7%
3Y+17.0%
5Y+9.2%
10Y+3.0%
Operating Margin13.7%
Gross Margin38.0%
Return on Equity92.2%
Return on Assets11.5%
Record Annual Net Income$3.23BFY2013
Record Quarterly EPS$8.15Q1 2013
Consecutive Profitable Years23years
Q3 2026
Net Income$451M
EPS (Diluted)$2.02
YoY Growth+45.7%Excellent
QoQ Growth+3.2%Solid

Loading earnings history...

PPG Industries, Inc. (PPG) Earnings Overview

As of November 7, 2026, PPG Industries, Inc. (PPG) reported trailing twelve-month net income of $1.57B, reflecting +45.7% year-over-year growth. The company earned $7.03 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 ($2.68B net income, 10.9% margin), RPM ($690M net income, 8.4% margin), AXTA ($334M 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

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
PPG logoPPGCurrent
$1.6B$7.039.9%92.2%+45.7%—
SHW logoSHW
$2.7B$11.0210.9%59.4%-2.7%
RPM logoRPM
$690M$5.428.4%21.3%-3.4%
AXTA logoAXTA
$334M$1.557.4%17.4%-2.2%
DOW logoDOW
-$809M$-1.11-6.6%-14.8%-335.0%
LYB logoLYB
$1.3B$4.03-2.5%-6.5%-156.6%
Best in group
Lowest in group

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$6.929.9%13.7%
2024$1.12B-12.1%$2.29B$4.757.0%14.4%
2023$1.27B+23.8%$2.04B$5.357.8%12.5%
2022$1.03B-28.7%$1.67B$4.326.6%10.7%
2021$1.44B+35.9%$1.69B$6.018.6%10.0%
2020$1.06B-14.8%$1.78B$4.457.7%12.9%
2019$1.24B-7.3%$1.95B$5.228.2%12.8%
2018$1.34B-15.9%$1.86B$5.468.7%12.1%
2017$1.59B+82.6%$2.01B$6.1810.8%13.7%
2016$873M-37.9%$1.19B$3.286.1%8.3%
2015$1.41B-33.1%$1.96B$5.149.9%13.8%
2014$2.10B-34.9%$1.81B$7.5214.2%12.3%
2013$3.23B+243.4%$1.55B$11.1422.6%10.9%
2012$941M-14.1%$1.27B$3.037.4%10.0%
2011$1.09B+42.4%$1.31B$3.448.3%10.0%
2010$769M+128.9%$1.37B$2.325.7%10.2%
2009$336M-37.5%$883M$1.012.7%7.2%
2008$538M-35.5%$1.24B$1.633.4%7.8%
2007$834M+17.3%$1.31B$2.526.8%10.7%
2006$711M+19.3%$1.23B$2.137.2%12.5%
2005$596M-12.7%$1.18B$1.756.6%13.1%
2004$683M+38.3%$1.11B$1.987.2%11.6%
2003$494M+815.9%$973M$1.455.6%11.1%
2002-$69M-117.8%$911M$-0.20-0.9%11.3%
2001$387M-37.6%$924M$1.154.7%11.3%
2000$620M+9.2%$1.20B$1.797.2%13.9%
1999$568M-29.1%$1.11B$1.627.1%13.9%
1998$801M+12.2%$1.25B$2.2410.3%16.1%
1997$714M-4.0%$1.32B$1.979.7%17.8%
1996$744M-3.1%$1.29B$1.9710.3%17.9%
1995$768M+49.2%$1.30B$1.8910.9%18.4%
1994$515M+2218.0%$1.01B$1.228.1%16.0%
1993$22M-93.0%$717M$0.050.4%12.5%
1992$319M+58.6%$685M$0.755.5%11.8%
1991$201M-57.6%$566M$0.473.6%10.0%
1990$475M+2.1%$904M$1.117.9%15.0%
1989$465M-$836M$1.048.1%14.6%

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Peer Comparison

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PPG — Frequently Asked Questions

Quick answers to the most common questions about buying PPG stock.

What is PPG earnings per share (EPS)?

PPG trailing twelve-month (TTM) diluted EPS is $7.03, reflecting +45.7% year-over-year growth. The 5-year EPS CAGR is +9.2%. Complete EPS history from 1989 to 2025 is available in the table on this page.

What is PPG Industries, Inc.'s net income?

PPG Industries, Inc. (PPG) trailing twelve-month net income is $1.6B as of 2025. Earnings grew +45.7% year-over-year. PPG Industries, Inc. has been profitable for 23 consecutive years.

Is PPG profitable?

Yes, PPG is profitable with a TTM net income of $1.6B and a net profit margin of +9.9%. PPG Industries, Inc. has generated profits for 23 consecutive years.

What is PPG's earnings growth rate?

PPG compound annual EPS growth rates (CAGR): 1-Year: +45.7%, 3-Year: +17.0%, 5-Year: +9.2%, 10-Year: +3.0%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1989 to 2025.

What are PPG's profit margins?

PPG Industries, Inc. net profit margin is +9.9%, operating margin is +13.7%, and gross margin is +38.0%. Margins are within a typical range for the sector. Return on Equity is +92.2%.

Is PPG growing earnings?

Yes, PPG earnings are accelerating — EPS growth of +45.7% exceeds the 5-year CAGR of +9.2%. TTM net income reached $1.6B. Earnings momentum is strengthening.

What was PPG's best earnings year?

PPG Industries, Inc.'s highest annual net income on record is $3.2B, achieved in fiscal year 2013. Earnings history on this page spans 1989 to 2025 and includes all annual and quarterly figures.

What were PPG's earnings last quarter?

PPG's most recent reported quarter was Q3 2026. Net income was $451M with diluted EPS of $2.02. For a full breakdown of all quarters, see the quarterly earnings table on this page.

PPG Earnings Over Time (1989–2025)

Net income & EPS — annual and quarterly view