PPG INDUSTRIES INC

LISTEDNYSE

SYMBOLPPG

SIC2851

STATE OF INC.PA

FISCAL YEAR ENDSDecember 31

CIK79879

PAINTS, VARNISHES, LACQUERS, ENAMELS & ALLIED PRODS · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)	Amount	%
Total debt	7,301	47.9
Stockholders' equity	7,941	52.1
Total capitalization	15,242	100.0

222,900,000 shares outstanding at 31 March 2026 (cover page of the 10-Q filed 29 April 2026).

LONG-TERM DEBT 12/31/25

($ millions)	Amount
Long-term debt, incl. current maturities	7,297
Long-term debt, noncurrent	6,602
Current maturities	702
Short-term borrowings / commercial paper	4

CAPITAL STOCK 12/31/25

Common shares authorized	1,200,000,000
Common shares issued	223,426,948
Par or stated value per share ($)	1.667
Outstanding at 3/31/26	222,900,000

DIVIDENDS DECLARED/PAID

Fiscal year	Per share $	Payout %
2025	2.78	40.1
2024	2.66	56.0
2023	2.54	47.5
2022	2.42	56.0
2021	2.26	37.6

HISTORY AND BUSINESS

HISTORY: Incorporated in Pennsylvania.

BUSINESS: Classified by the SEC under Standard Industrial Classification 2851, Paints, Varnishes, Lacquers, Enamels & Allied Prods. Large accelerated filer. Principal executive office: One Ppg Pl 40 East, Pittsburgh, PA 15272. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)	12/31/25	12/31/24	12/31/23
Revenues	15,875	15,845	16,242
Cost of revenues	9,316	9,252	9,678
Research and development	446	447	446
Selling, general and administrative	3,439	3,391	3,401
Depreciation and amortization	528	492	514
Operating income	–	–	2,675
Interest expense	241	241	247
Income before income taxes	2,045	1,852	1,690
Income taxes	458	475	428
Net income	1,576	1,116	1,270
Earned per share, diluted ($)	6.94	4.75	5.35
Dividends per share ($)	2.78	2.66	2.54

CONSOLIDATED BALANCE SHEET

($ millions)	12/31/25	12/31/24
Cash and equivalents	2,163	1,270
Receivables, net	2,783	2,477
Inventories	1,996	1,846
Total current assets	7,959	6,557
Property, plant and equipment, net	4,005	3,464
Goodwill	6,149	5,690
Total assets	22,098	19,433
Total current liabilities	4,900	5,014
Long-term debt	6,602	4,876
Total liabilities	14,001	12,471
Stockholders' equity	7,941	6,785
Total liabilities and equity	22,098	19,433

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year ended	Revenues	Oper. income	Net income	Net margin %	EPS diluted $	Div. per share $	Oper. cash flow	Capital expend.	Free cash flow	Total assets	Total liabilities	Total debt	Stockholders' equity	ROE %	Debt / equity
12/31/25	15,875	–	1,576	9.9	6.94	2.78	1,941	778	1,163	22,098	14,001	7,301	7,941	19.8	0.92
12/31/24	15,845	–	1,116	7.0	4.75	2.66	1,420	721	699	19,433	12,471	5,808	6,785	16.4	0.86
12/31/23	16,242	2,675	1,270	7.8	5.35	2.54	2,411	516	1,895	21,647	13,624	6,046	7,832	16.2	0.77
12/31/22	15,614	2,042	1,026	6.6	4.32	2.42	963	486	477	20,744	14,035	6,806	6,592	15.6	1.03
12/31/21	16,802	2,171	1,439	8.6	6.01	2.26	1,562	371	1,191	21,351	14,940	6,571	6,286	22.9	1.05
12/31/20	13,834	2,109	1,059	7.7	4.45	2.10	2,130	304	1,826	19,556	13,741	5,737	5,689	18.6	1.01
12/31/19	15,146	2,271	1,243	8.2	5.22	1.98	2,080	413	1,667	17,708	12,305	5,041	5,284	23.5	0.95
12/31/18	15,374	2,118	1,341	8.7	5.47	1.86	1,467	411	1,056	16,015	11,283	5,004	4,630	29.0	1.08
12/31/17	14,748	2,292	1,594	10.8	6.18	1.70	1,568	360	1,208	16,538	10,866	4,131	5,557	28.7	0.74
12/31/16	14,270	2,382	873	6.1	3.27	1.56	1,351	380	971	15,771	10,856	4,398	4,828	18.1	0.91

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

PPG INDUSTRIES INC
CIK 79879 · EIN 25-0730780

PRINCIPAL OFFICE:

One Ppg Pl 40 East, Pittsburgh, PA 15272
Tel.: 4124343131

INCORPORATED:

Pennsylvania

INDUSTRY (SEC SIC CODE):

2851 · Paints, Varnishes, Lacquers, Enamels & Allied Prods

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 19 February 2026

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

7/29/26	10-Q	period 6/30/26
7/28/26	8-K	period 7/28/26
4/29/26	10-Q	period 3/31/26
4/28/26	8-K	period 4/28/26
4/28/26	8-K	period 4/28/26
4/21/26	8-K	period 4/15/26
4/15/26	8-K	period 4/15/26
3/5/26	DEF 14A	period 4/16/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/19/26) · 10-K FY2024 (filed 2/20/25) · 10-K FY2023 (filed 2/15/24) · 10-K FY2022 (filed 2/16/23) · 10-K FY2021 (filed 2/17/22) · 10-K FY2020 (filed 2/18/21) · 10-K FY2019 (filed 2/20/20) · 10-K FY2018 (filed 2/21/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.