)
PPG Industries (PPG) investor relations material
PPG Industries Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 net sales were $4.353B, up 6.6% YoY; organic sales grew 5% for a seventh consecutive quarter, 300 bps above industry growth.
Adjusted EPS reached a record $2.25, up 6% YoY; adjusted EBITDA was $793M with an 18.2% margin.
Commercial actions fully offset COGS inflation during Q3, primarily through pricing.
Financial highlights
Q3 sales growth reflected price +3%, volume +2%, FX +1% and acquisitions +1%.
Continuing-operations net income was $473M versus $444M; adjusted net income was $502M versus $481M.
Nine-month operating cash flow was $1.158B versus $1.054B, an increase of $104M.
Outlook and guidance
FY 2026 adjusted EPS guidance rose to $7.90–$8.10, with a higher midpoint and narrower range.
Q4 organic sales are expected to grow at a low-single-digit rate; adjusted EBITDA margin is forecast flat to 100 bps higher YoY, with COGS inflation in the high single digits.
Q4 segment organic sales outlook: Global Architectural flat to low-single-digit growth; Performance low- to mid-single-digit growth; Industrial from a low-single-digit decline to low-single-digit growth.
FY 2026 capital spending is forecast at $650M–$700M; restructuring savings are expected to total ~$50M.
2027 outlook remains unquantified, with organic growth and EBITDA margin expansion expected, supported by pricing, productivity and restructuring actions.
- 2025 sales grew organically 2%, with $1.4B returned to shareholders.PPG
Corporate presentation - Record Q4 sales and margin gains; FY 2024 adjusted EPS guidance: $8.34-$8.59.PPG
Q4 2023 - Q2 2026 sales up 7% to $4.5B, adjusted EPS $2.23, and full-year guidance reaffirmed.PPG
Q2 2026 - Board elections, strong financials, and digital growth marked the meeting; severance proposal failed.PPG
AGM 2025 - Delivered strong 2025 results with growth, margin expansion, and sustainability progress.PPG
Investor presentation - Net sales up 7% and adjusted EPS up 6%, driven by aerospace and Latin America coatings.PPG
Q1 2026 - Record Q3 adjusted EPS of $2.13 on 1% sales growth, led by aerospace and OEM coatings.PPG
Q3 2025 - Q1 2025 organic growth and record margins offset FX and divestiture headwinds; EPS guidance reaffirmed.PPG
Q1 2025 - Adjusted EPS up 6% in 2024; 2025 targets 7% EPS growth and continued margin expansion.PPG
Q4 2024
Next PPG Industries earnings date
Next PPG Industries earnings date
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
Frequently asked questions
Paints and Coatings
Pittsburgh Plate Glass Industries, more often than not referred to as PPG, is an American company supplying paints, coatings, and specialty materials. Founded in 1883 by Captain John B. Ford and John Pitcairn, in Pittsburgh, Pennsylvania, PPG has become a trusted name in the coatings industry. The company's products are used in various industries ranging from automotive to aerospace and it has operations in roughly 70 countries.
Beginnings in Plate Glass
In its early days, PPG primarily focused on plate glass production, positioning itself as a key supplier for the burgeoning American construction industry. However, with foresight and adaptation, the company diversified and ventured into the paint and coatings sector. This proved to be a game-changing move, propelling PPG to the forefront of the industry. Today, PPG competes with companies such as Akzo Nobel, Sherwin Williams, and Axalta, to name a few.
An Expansive Product Portfolio
The range of products offered by PPG is vast. From protective coatings that shield airplanes from environmental wear to paints that enhance and beautify homes, PPG has a solution for nearly every surface. The company's lineup includes solutions for automotive and commercial coatings, industrial finishes, and a plethora of architectural paints. Furthermore, PPG has not confined itself to just traditional coatings. The company has delved into digital color-matching tools and sustainable paint solutions, demonstrating an acute awareness of both technological advancements and environmental considerations.
Serving Diverse Industries Globally
With its vast range of products, PPG caters to a multitude of industries. Automotive manufacturers trust PPG coatings to give vehicles their lasting shine and protective finish. In the aerospace sector, aircraft are coated with PPG products that offer protection against extreme conditions. Residential and commercial builders rely on PPG paints to transform spaces and bring visions to life. The company's reach extends beyond these sectors to marine, industrial, and consumer electronics applications, among others.
)