PPG Q3 2022 Earnings — PPG Industries, Inc. Revenue & Financial Results | Market Cap Arena

PPGPPG Industries, Inc.

$24B

Q3 2022 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$4.5B+2.2% YoY

Gross Profit

$1.6B36.9% margin

Operating Income

$471M10.5% margin

Net Income

$329M7.4% margin

EPS (Diluted)

$1.39

QoQ Revenue Growth

-4.8%

Cash Flow

Operating Cash Flow

$512M

Free Cash Flow

$408M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$20.9B

Total Liabilities

$14.7B

Stockholders' Equity

$6.0B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.5B	$4.4B	+2.2%
Gross Profit	$1.6B	$1.6B	+0.5%
Operating Income	$471M	$429M	+9.8%
Net Income	$329M	$344M	-4.4%

Revenue Segments

Performance Coatings Segment

$2.7B61%

Industrial Coatings Segment

$1.8B39%

Geographic Segments

North America

$2.0B44%

EMEA

$1.3B29%

Asia Pacific

$734M16%

Latin America

$494M11%