---
schema_version: "secwatch.filing_event.v1"
accession: "0000079879-22-000044"
form_type: "8-K"
ticker: "PPG"
cik: "0000079879"
company_name: "PPG INDUSTRIES INC"
filed_at: "2022-07-21T23:59:59+00:00"
generated_at: "2026-06-24T10:37:28.995493+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PPG reports record Q2 net sales $4.691B, reported EPS $1.86, adjusted EPS $1.81

## Summary
- Organic sales up 8% driven by 12% higher selling prices; two-year stack price gain of 15%.
- Segments: Performance Coatings income $446M (-2% YoY); Industrial Coatings income $156M (-18% YoY). Sequential segment margin improvement of 200 bps.
- Raw material costs up ~20% YoY; share repurchases of $135M; net debt $6.1B.
- Q3 2022 guidance: reported EPS $1.60-$1.85; adjusted EPS $1.75-$2.00 (excl. amortization $0.13 and restructuring $0.02).
- CEO cited double-digit aerospace coatings volume growth and record sales in automotive refinish, PPG-Comex, and traffic solutions.

## SEC filing metadata
- accession: 0000079879-22-000044
- form_type: 8-K
- ticker: PPG
- cik: 0000079879
- company_name: PPG INDUSTRIES INC
- filed_at: 2022-07-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/79879/000007987922000044/0000079879-22-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/79879/000007987922000044/ppg-20220721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000079879-22-000044
- JSON: https://secwatch.observer/filing/0000079879-22-000044.json
- Plain text: https://secwatch.observer/filing/0000079879-22-000044.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.