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Net Profit by Segment
Reveals profitability across different business units, highlighting which segments drive earnings and where there may be challenges or opportunities for improvement.Performance Coatings drove most of PPG’s cyclical profit but has pulled back from its 2024 highs, exposing sensitivity to refinish weakness and index contract roll‑offs; Industrial Coatings has flattened and been pressured by China mix despite packaging share gains, so it hasn’t offset the drop. The newly reported Global Architectural Coatings profit since late‑2024 meaningfully reshapes the mix—its higher margins plus planned plant closures and faster price realization provide a credible path to H2 margin recovery, but mid‑single‑digit COGS inflation and near‑term volume softness keep upside muted.
Date | Performance Coating | Industrial Coating | Global Architectural Coatings |
|---|---|---|---|
Jun 30, 2026 | $329.00M | $229.00M | $185.00M |
Mar 31, 2026 | $288.00M | $193.00M | $155.00M |
Dec 31, 2025 | $246.00M | $200.00M | $137.00M |
Sep 30, 2025 | $272.00M | $233.00M | $184.00M |
Jun 30, 2025 | $356.00M | $227.00M | $160.00M |
Mar 31, 2025 | $274.00M | $215.00M | $118.00M |
Dec 31, 2024 | $259.00M | $185.00M | $118.00M |
Sep 30, 2024 | $513.00M | $199.00M | $0.00 |
Jun 30, 2024 | $570.00M | $259.00M | $0.00 |
Mar 31, 2024 | $402.00M | $249.00M | $0.00 |