---
schema_version: "secwatch.filing_event.v1"
accession: "0000079879-24-000094"
form_type: "8-K"
ticker: "PPG"
cik: "0000079879"
company_name: "PPG INDUSTRIES INC"
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T21:18:44.464654+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PPG Q1 2024 adjusted EPS $1.86, net sales $4.31B; guides FY adj EPS $8.34-$8.59

## Summary
- GAAP EPS $1.69 (record), adjusted EPS $1.86; net income $400M up 52% YoY.
- Net sales $4.31B down 2% YoY; organic sales down 2% (1% excl prior year large customer load-in).
- Segment margins improved 60 bps to 15.4% Performance Coatings and 14.7% Industrial Coatings.
- Share repurchases of ~$150M in Q1; net debt $5.0B down $0.8B YoY.
- Q2 adj EPS guidance $2.42-$2.52; FY adj EPS $8.34-$8.59; organic sales growth low single digits.

## SEC filing metadata
- accession: 0000079879-24-000094
- form_type: 8-K
- ticker: PPG
- cik: 0000079879
- company_name: PPG INDUSTRIES INC
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/79879/000007987924000094/0000079879-24-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/79879/000007987924000094/ppg-20240418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000079879-24-000094
- JSON: https://secwatch.observer/filing/0000079879-24-000094.json
- Plain text: https://secwatch.observer/filing/0000079879-24-000094.txt

## Key facts
- Earnings Releases
  PPG INDUSTRIES INC reported first quarter 2024 results: revenue $4,311, net income $400, EPS $1.69.
  - Period: first quarter 2024
  - Revenue: $4,311
  - Net income: $400
  - EPS: $1.69
  - Result: reported results
  source text: – PPG (NYSE:PPG) today reported financial results for the first quarter 2024. First Quarter Consolidated Results $ in millions, except EPS 1Q 2024 1Q 2023 YOY change Net sales $4,311 $4,380 (2)% Net income $400 $264 +52% Adjusted net income (a) $441 $432 +2% EPS $1.69 $1.11 +52% Adjusted EPS (a) $1.86 $1.82 +2% (a) Reconciliations of reported to adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/79879/000007987924000094/0000079879-24-000094-index.htm

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