PPG Industries Q3 2025 Earnings Call Highlights

Ppg Industries, Inc. ((PPG)) has held its Q3 earnings call. Read on for the main highlights of the call.

PPG Industries, Inc. recently held its Q3 2025 earnings call, revealing a generally positive sentiment despite facing some challenges. The company reported record high earnings per share (EPS) and notable growth in aerospace and marine coatings. However, difficulties in the automotive refinish segment and an uncertain macroeconomic environment are impacting overall performance and future guidance.

Record High Q3 EPS

PPG Industries achieved a record high for its third-quarter earnings per share, with an adjusted EPS increase of 5% year-over-year, reaching $2.13. This milestone underscores the company’s strong financial performance and its ability to navigate a challenging economic landscape.

Organic Sales Growth

The company reported a 2% increase in organic sales growth, marking the third consecutive quarter of sales volume growth. This achievement is particularly noteworthy given the current challenging macroeconomic conditions.

Strong Performance in Aerospace and Marine Coatings

PPG’s Performance Coatings segment delivered exceptional results, with double-digit organic sales growth in both aerospace and protective and marine coatings. This strong performance highlights the company’s strategic focus on high-growth areas.

Automotive OEM Coatings Outpaced Industry

PPG’s automotive OEM coatings segment saw an 8% increase in net sales, outpacing the global light vehicle industry production growth of 4%. This demonstrates PPG’s competitive edge and ability to capture market share in the automotive sector.

Investment in Aerospace Growth

PPG announced significant investments exceeding $0.5 billion in its aerospace segment to capitalize on long-term growth opportunities. This strategic move is expected to yield substantial returns in the coming years.

Automotive Refinish Sales Decline

The automotive refinish segment experienced a double-digit percentage decline in organic sales, primarily due to lower sales volumes in the U.S. This was attributed to distributor order patterns and a decrease in collision claims.

Lower Volumes in Architectural Coatings EMEA

In the Architectural Coatings EMEA segment, organic sales growth in Eastern Europe was offset by lower demand in Western Europe, resulting in lower volumes for the quarter.

Challenging Macro Environment

PPG continues to face a challenging macroeconomic environment, with little improvement expected in the near term. This uncertainty is affecting business spending and overall market conditions.

Forward-Looking Guidance

Looking ahead, PPG has updated its full-year guidance for adjusted earnings per diluted share to a range of $7.60 to $7.70. The company remains focused on operational excellence and innovation, particularly in leveraging AI for product development. Significant investments in the aerospace business are anticipated to drive strong returns, despite the ongoing macroeconomic challenges.

In summary, PPG Industries’ Q3 2025 earnings call highlighted a robust financial performance with record high EPS and strong growth in key segments like aerospace and marine coatings. While challenges persist in the automotive refinish segment and broader economic conditions, the company’s strategic investments and focus on innovation position it well for future growth.