---
schema_version: "secwatch.filing_event.v1"
accession: "0000079879-24-000012"
form_type: "8-K"
ticker: "PPG"
cik: "0000079879"
company_name: "PPG INDUSTRIES INC"
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T22:17:33.465552+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PPG reports record Q4 sales $4.35B, adj. EPS $1.53 (+25%); guides FY 2024 adj. EPS $8.34-$8.59

## Summary
- Q4 net sales $4.35B (+4% YoY); adjusted EPS $1.53 (+25% YoY).
- Full-year record net sales $18.2B, record adjusted EPS $7.67, record operating cash flow $2.4B.
- Segment margin improved 260 bps YoY in Q4; Industrial Coatings segment income up 48%.
- Q4 reported EPS includes $0.67 non-cash goodwill impairment for Traffic Solutions.
- Guidance: Q1 2024 adj. EPS $1.80-$1.87; FY 2024 adj. EPS $8.34-$8.59.

## SEC filing metadata
- accession: 0000079879-24-000012
- form_type: 8-K
- ticker: PPG
- cik: 0000079879
- company_name: PPG INDUSTRIES INC
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/79879/000007987924000012/0000079879-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/79879/000007987924000012/ppg-20240118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000079879-24-000012
- JSON: https://secwatch.observer/filing/0000079879-24-000012.json
- Plain text: https://secwatch.observer/filing/0000079879-24-000012.txt

## Key facts
- Earnings Releases
  PPG INDUSTRIES INC reported the fourth quarter and full-year 2023 results: revenue $4.4 billion, EPS $0.38.
  - Period: the fourth quarter and full-year 2023
  - Revenue: $4.4 billion
  - EPS: $0.38
  - Result: reported results
  source text: PPG reports fourth quarter and full-year 2023 financial results • Fourth quarter highlights include: ◦ Record fourth quarter net sales of $4.4 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/79879/000007987924000012/0000079879-24-000012-index.htm
- Earnings Releases
  PPG INDUSTRIES INC reported the fiscal year ended 2023 results: revenue $18.2 billion, EPS $5.35.
  - Period: the fiscal year ended 2023
  - Revenue: $18.2 billion
  - EPS: $5.35
  - Result: reported results
  source text: Full-year 2023 highlights include: ◦ Record sales of $18.2 billion; aided by 3% organic sales growth ◦ EPS of $5.35 and record adjusted EPS of $7.67
  evidence_url: https://www.sec.gov/Archives/edgar/data/79879/000007987924000012/0000079879-24-000012-index.htm

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