Companies · PPG
PPG Industries
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Latest analysis
Updated Oct 28, 2026
PPG Q3 2026: 7% revenue growth and 22% segment income gains in aerospace and architectural coatings mask Industrial Coatings margin compression from raw material inflation.
PPG delivered $4.35 billion in Q3 2026 net sales, up 6.6% year over year, driven by 3% pricing, 2% volume, 1% FX, and 1% acquisitions. Aerospace and automotive refinish led Performance Coatings to a 22% segment income gain, while Industrial Coatings segment income fell 14% as index-based pricing arrangements lagged accelerating raw material cost inflation. The company confirmed no material tariff impact through the first nine months of 2026, and packaging coatings volumes grew over 20% on a two-year stacked basis driven by share gains.
Tone: mixedRevenue
$15.9B
PPG 10-K · FY 2025
Employees
43,500
Revenue FY2024
$15.8B
Founded
1883
Profile
PPG 10-K Item 1 · Feb 19, 2026PPG Industries is a global manufacturer and distributor of paints, coatings, and specialty products operating across more than 50 countries. The company serves a broad range of end markets including automotive OEM, aerospace, architectural, packaging, and industrial applications through three reportable segments. PPG's competitive positioning centers on product performance, technology innovation, and a world-class distribution network.
Read filing description ↓ Collapse description ↑
PPG Industries, Inc. manufactures and distributes a broad range of paints, coatings and specialty products. PPG was incorporated in Pennsylvania in 1883. PPG's vision is to be the first-choice partner to meet our customers' evolving needs for innovative paints, coatings and surface solutions to protect and beautify the world. PPG has a proud heritage with a demonstrated commitment to innovation, sustainability, community engagement and development of leading-edge paint, coatings and specialty products. Through dedication and industry-leading expertise, we solve our customers' biggest challenges, collaborating closely to find the right path forward. PPG is a global leader that markets and sells in more than 50 countries. PPG supplies paints, coatings and specialty products to customers serving a wide array of end-uses, including industrial equipment and components; packaging material; aircraft and marine equipment; automotive original equipment; automotive refinish and aftermarket; pavement marking products; as well as coatings for other industrial and consumer products. PPG also serves commercial and residential new build and maintenance customers by supplying coatings to painting and maintenance contractors and directly to consumers for decoration and maintenance. The coatings industry is highly competitive and consists of several large firms with global presence and many firms supplying local or regional markets. PPG competes in its primary markets with the world's largest coatings companies, most of which have global operations, and with many regional coatings companies.
Primary products
- paints
- coatings
- specialty products
- adhesives
- sealants
- wood stains
Business segments
End markets
Geographies
Named customers
Named competitors
“PPG competes in its primary markets with the world's largest coatings companies, most of which have global operations, and with many regional coatings companies.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Net sales increased $30 million in 2025 versus 2024, with higher selling prices, sales volume growth and favorable foreign currency translation offset by the impact of divestitures.
The rest of PPG is for subscribers
Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.