PPG Q1 2024 Earnings — PPG Industries, Inc. Revenue & Financial Results | Market Cap Arena

PPGPPG Industries, Inc.

$24B

Q1 2024 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$4.3B-1.6% YoY

Gross Profit

$1.9B43.3% margin

Operating Income

$552M12.8% margin

Net Income

$400M9.3% margin

EPS (Diluted)

$1.69

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

-$60M

Free Cash Flow

-$316M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$21.9B

Total Liabilities

$13.7B

Stockholders' Equity

$7.9B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.3B	$4.4B	-1.6%
Gross Profit	$1.9B	$1.8B	+4.6%
Operating Income	$552M	$365M	+51.2%
Net Income	$400M	$264M	+51.5%

Revenue Segments

Performance Coatings Segment

$2.6B61%

Industrial Coatings Segment

$1.7B39%

Geographic Segments

North America

$1.7B40%

EMEA

$1.4B32%

Asia Pacific

$656M15%

Latin America

$554M13%