PPG Industries said net sales for the 3 months ended September 30, 2025 were approximately $4.1 billion, an increase of 1% compared to the prior year, and income before income taxes was $556 million, a decrease of $22 million compared to the prior year.

1. 01

   PPG Industries said net sales for the 3 months ended September 30, 2025 were approximately $4.1 billion, an increase of 1% compared to the prior year, and income before income taxes was $556 million, a decrease of $22 million compared to the prior year.

2. 02

   The company said cost of sales, exclusive of depreciation and amortization, for Q3 increased $45 million, and selling, general and administrative expense decreased $24 million. Other charges/(income), net increased $24 million, and the company cited impairment and other related charges related to a consolidated joint venture in the Performance Coatings segment as a factor.

3. 03

   PPG Industries said cash from operating activities for continuing operations for the 9 months ended September 30, 2025 was $1,047 million, cash used for investing activities was $417 million, and cash used for financing activities was $269 million.

4. 04

   The company said cash and short-term investments as of September 30, 2025 were $1.9 billion. There were no amounts outstanding under the $2.3 billion unsecured revolving credit facility as of that date, and the ratio of Total Indebtedness to Total Capitalization was 47%.

Key figures

Quarter ended September 30, 2025

Revenue

$4.1B

Operating income

$689M

Net income

$453M

EPS

$2.00

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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