PPG Q4 2023 Earnings — PPG Industries, Inc. Revenue & Financial Results | Market Cap Arena

PPGPPG Industries, Inc.

$24B

Q4 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$4.3B+3.9% YoY

Gross Profit

$1.8B41.8% margin

Operating Income

$444M10.2% margin

Net Income

$90M2.1% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

-6.3%

Cash Flow

Operating Cash Flow

$898M

Free Cash Flow

$730M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$21.6B

Total Liabilities

$13.6B

Stockholders' Equity

$7.8B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.3B	$4.2B	+3.9%
Gross Profit	$1.8B	$1.6B	+16.5%
Operating Income	$444M	$366M	+21.3%
Net Income	$90M	$238M	-62.2%

Revenue Segments

Performance Coatings Segment

$2.6B60%

Industrial Coatings Segment

$1.7B40%

Geographic Segments

North America

$1.7B39%

EMEA

$1.3B29%

Asia Pacific

$758M17%

Latin America

$605M14%