PPG Q2 2024 Earnings — PPG Industries, Inc. Revenue & Financial Results | Market Cap Arena

PPGPPG Industries, Inc.

$24B

Q2 2024 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$4.2B-13.1% YoY

Gross Profit

$1.8B42.1% margin

Operating Income

$695M16.4% margin

Net Income

$528M12.5% margin

EPS (Diluted)

$2.24

QoQ Revenue Growth

-1.8%

Cash Flow

Operating Cash Flow

$365M

Free Cash Flow

$250M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$21.7B

Total Liabilities

$13.8B

Stockholders' Equity

$7.8B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.2B	$4.9B	-13.1%
Gross Profit	$1.8B	$2.0B	-11.0%
Operating Income	$695M	$694M	+0.1%
Net Income	$528M	$490M	+7.8%

Revenue Segments

Performance Coatings Segment

$3.0B64%

Industrial Coatings Segment

$1.7B36%

Geographic Segments

North America

$2.0B43%

EMEA

$1.5B30%

Asia Pacific

$734M15%

Latin America

$567M12%