Earnings Releases·Oct 27, 2026, 4:22 PM ET

PPG — Third Quarter 2026 Earnings Summary

Net sales rose 7% year-over-year to $4.4 billion, driven by 3% price increases and 2% volume growth, while reported net income and EPS increased 7% and 8% respectively to $473 million and $2.12.
Full-year 2026 adjusted EPS guidance was raised to a tighter range of $7.90 to $8.10, with Q4 organic sales growth expected in the low single-digit range and EBITDA margins projected to be flat to up 100 basis points.
Performance Coatings led growth with 10% sales increases and double-digit aerospace volume gains, whereas Industrial Coatings saw margin compression of 260 basis points due to cost inflation despite 5% sales growth.
The company returned $470 million to shareholders year-to-date via $320 million in share repurchases and $482 million in dividends, while reducing net debt by approximately $200 million to $5.2 billion.