Companies · PPG
PPG Industries
AI-generated · informational only · not investment advice · verify before relying.
Latest analysis
Updated Jul 29, 2026
PPG posts 4% organic growth in Q2 2026 — sixth consecutive quarter — while Iran conflict drives raw material inflation that pricing is catching up to one quarter ahead of schedule.
PPG delivered 4% organic sales growth in Q2 2026, outpacing the coatings industry by 300 basis points and growing in 8 of 9 businesses. The single underperformer — Automotive Refinish — reflects a destocking cycle management explicitly states is now behind them, with volume growth expected to resume in Q3. The more strategically significant development is PPG's pricing execution: the company covered approximately 90% of cost-of-goods-sold inflation in Q2, a full quarter ahead of the prior commitment, and targets 100% coverage by Q4.
Tone: mixedRevenue
$15.9B
PPG 10-K · FY 2025
Employees
43,500
Revenue FY2024
$15.8B
EBITDA margin
17%
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.