PPG Q4 2022 Earnings — PPG Industries, Inc. Revenue & Financial Results | Market Cap Arena

PPGPPG Industries, Inc.

$24B

Q4 2022 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$4.2B-0.1% YoY

Gross Profit

$1.6B37.3% margin

Operating Income

$366M8.7% margin

Net Income

$238M5.7% margin

EPS (Diluted)

$1.01

QoQ Revenue Growth

-6.3%

Cash Flow

Operating Cash Flow

$587M

Free Cash Flow

$437M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$20.7B

Total Liabilities

$14.0B

Stockholders' Equity

$6.6B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.2B	$4.2B	-0.1%
Gross Profit	$1.6B	$1.5B	+4.3%
Operating Income	$366M	$199M	+83.9%
Net Income	$238M	$286M	-16.8%

Revenue Segments

Performance Coatings Segment

$2.5B59%

Industrial Coatings Segment

$1.7B41%

Geographic Segments

North America

$1.7B41%

EMEA

$1.2B29%

Asia Pacific

$703M17%

Latin America

$560M13%