PPG delivered strong Q4 2025 results with increased net income and solid revenue growth across all segments, particularly in Industrial Coatings. EPS and adjusted EPS rose significantly year over year.
PPG delivered a strong third quarter, achieving record adjusted EPS of $2.13 and net income of $444 million. Revenue rose slightly year-over-year, supported by organic growth in key coatings segments. Operational efficiency and strategic focus on high-performing sectors like aerospace and OEM coatings drove profitability.
Revenue dipped 1% primarily due to divestitures, while organic sales grew 2%. Performance Coatings delivered record quarterly results, offsetting weaker Architectural and Industrial Coatings segments. The company reaffirmed full-year guidance amid ongoing momentum.
PPG posted a year-over-year decline in revenue and earnings in Q1 2025, driven by unfavorable foreign exchange and divestitures. However, the company saw 1% organic sales growth and executed $400 million in share repurchases, with strong performance in aerospace and protective coatings.
PPG expects Q3 2022 adjusted earnings per diluted share to be between 5% and 7% below the low end of the company's forecasted range. Sales were impacted by softening demand in Europe and lower-than-expected recovery in China. Softer demand conditions are expected to continue into the fourth quarter.