PPG Q2 2022 Earnings — PPG Industries, Inc. Revenue & Financial Results | Market Cap Arena

PPGPPG Industries, Inc.

$24B

Q2 2022 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$4.7B+7.6% YoY

Gross Profit

$1.7B37.0% margin

Operating Income

$499M10.6% margin

Net Income

$441M9.4% margin

EPS (Diluted)

$1.85

QoQ Revenue Growth

+8.9%

Cash Flow

Operating Cash Flow

$168M

Free Cash Flow

$98M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$21.6B

Total Liabilities

$15.3B

Stockholders' Equity

$6.2B

Cash & Equivalents

$931M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.7B	$4.4B	+7.6%
Gross Profit	$1.7B	$1.7B	+0.4%
Operating Income	$499M	$531M	-6.0%
Net Income	$441M	$431M	+2.3%

Revenue Segments

Performance Coatings Segment

$2.9B62%

Industrial Coatings Segment

$1.8B38%

Geographic Segments

North America

$2.0B43%

EMEA

$1.5B32%

Asia Pacific

$689M15%

Latin America

$490M10%