---
schema_version: "secwatch.filing_event.v1"
accession: "0000079879-24-000163"
form_type: "8-K"
ticker: "PPG"
cik: "0000079879"
company_name: "PPG INDUSTRIES INC"
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T19:59:54.824903+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PPG Q2 record EPS $2.24 (+9% YoY), adj $2.50 (+11%); margins up 110 bps

## Summary
- Net sales $4.79B, reported down 2% due to FX/divestitures; organic sales flat.
- Segment margins improved 110 bps YoY to 18.7% (Performance) and 14.8% (Industrial).
- Share repurchases $150M in Q2, $300M YTD; net debt $5.2B, down $0.4B YoY.
- Q3 adj EPS guidance $2.10-$2.20; FY adj EPS guidance $8.15-$8.30.
- Aerospace coatings organic sales up double-digit; backlog ~$290M; architectural coatings Mexico record sales.

## SEC filing metadata
- accession: 0000079879-24-000163
- form_type: 8-K
- ticker: PPG
- cik: 0000079879
- company_name: PPG INDUSTRIES INC
- filed_at: 2024-07-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/79879/000007987924000163/0000079879-24-000163-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/79879/000007987924000163/ppg-20240718.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000079879-24-000163
- JSON: https://secwatch.observer/filing/0000079879-24-000163.json
- Plain text: https://secwatch.observer/filing/0000079879-24-000163.txt

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