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PPG Q1 2023 Earnings — PPG Industries, Inc. Revenue & Financial Results | Market Cap Arena
PPG
PPG Industries, Inc.
$24B
Q1 2023 Earnings
Basic Materials
Chemicals - Specialty
Income Statement
Revenue
$4.4B
+1.7% YoY
Gross Profit
$1.8B
40.7% margin
Operating Income
$365M
8.3% margin
Net Income
$264M
6.0% margin
EPS (Diluted)
$1.11
QoQ Revenue Growth
+4.7%
Cash Flow
Operating Cash Flow
$85M
Free Cash Flow
-$35M
Stock-Based Comp.
$17M
Balance Sheet
Total Assets
$22.1B
Total Liabilities
$14.8B
Stockholders' Equity
$7.1B
Cash & Equivalents
$1.4B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$4.4B
$4.3B
+1.7%
Gross Profit
$1.8B
$1.6B
+10.8%
Operating Income
$365M
$376M
-2.9%
Net Income
$264M
$18M
+1366.7%
Revenue Segments
Performance Coatings Segment
$2.6B
60%
Industrial Coatings Segment
$1.8B
40%
Geographic Segments
North America
$1.8B
41%
EMEA
$1.4B
33%
Asia Pacific
$647M
15%
Latin America
$529M
12%
← FY 2023
All Quarters
Q2 2023 →