PPG Industries Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, PPG Industries Inc. reported net income of $1.58B on revenue of $15.88B. Operating cash flow was $1.94B and capital expenditures were $778.00M, leaving $1.16B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.27B | $14.75B | $15.37B | $15.15B | $13.83B | $16.80B | $15.61B | $16.24B | $15.85B | $15.88B |
| Operating income | $2.38B | $2.29B | $2.12B | $2.27B | $2.11B | $2.17B | $2.04B | $2.67B | — | — |
| Net income | $873.00M | $1.59B | $1.34B | $1.24B | $1.06B | $1.44B | $1.03B | $1.27B | $1.12B | $1.58B |
| Diluted EPS | $3.27 | $6.18 | $5.47 | $5.22 | $4.45 | $6.01 | $4.32 | $5.35 | $4.75 | $6.94 |
| Operating cash flow | $1.35B | $1.57B | $1.47B | $2.08B | $2.13B | $1.56B | $963.00M | $2.41B | $1.42B | $1.94B |
| Capital expenditures | $380.00M | $360.00M | $411.00M | $413.00M | $304.00M | $371.00M | $486.00M | $516.00M | $721.00M | $778.00M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | — | 9.9% |
| Dec 2024 | — | — | 7.0% |
| Dec 2023 | — | 16.5% | 7.8% |
| Dec 2022 | — | 13.1% | 6.6% |
| Dec 2021 | — | 12.9% | 8.6% |
Source: SEC EDGAR XBRL company facts for CIK 79879 (raw data). Most recent filing in this dataset: 10-Q filed Oct 28, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.