PPG Q1 2022 Earnings — PPG Industries, Inc. Revenue & Financial Results | Market Cap Arena

PPGPPG Industries, Inc.

$24B

Q1 2022 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$4.3B+11.0% YoY

Gross Profit

$1.6B37.4% margin

Operating Income

$376M8.7% margin

Net Income

$18M0.4% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

-$304M

Free Cash Flow

-$498M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$21.9B

Total Liabilities

$15.6B

Stockholders' Equity

$6.2B

Cash & Equivalents

$960M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.3B	$3.9B	+11.0%
Gross Profit	$1.6B	$1.6B	-2.4%
Operating Income	$376M	$527M	-28.7%
Net Income	$18M	$378M	-95.2%

Revenue Segments

Performance Coatings Segment

$2.6B60%

Industrial Coatings Segment

$1.7B40%

Geographic Segments

North America

$1.7B40%

EMEA

$1.5B34%

Asia Pacific

$697M16%

Latin America

$443M10%