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PPG Q2 2026: Net sales $4.5B (+7% YoY), adj EPS $2.23 flat, reaffirms FY guidance $7.70-$8.10
Net sales $4.5B (+7% YoY); organic sales +4% with volumes +2% and prices +2%.
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PPG appoints Jamie Beggs as CFO, succeeding Vince Morales effective July 6, 2026
Jamie Beggs, former Avient CFO, to become PPG SVP & CFO on July 6, 2026; succeeds Vince Morales retiring after 41 years.
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PPG Q1 net sales $3.93B (+7%); adj. EPS $1.83 (+6% YoY); reaffirms FY guidance
Reported EPS $1.70; adjusted EPS $1.83; net income $382M vs $375M; share repurchases $100M.
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PPG grants MSU awards to two execs; shareholders approve 2026 omnibus plan and say-on-pay
MSU awards with target value $1.5M each granted to Bergstrom and Braun; Knavish and Morales did not receive.
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PPG prelim Q1 EPS $1.70, adj EPS $1.83 (+6% YoY); guides Q2 flat to low-single-digit growth
Preliminary Q1 2026 EPS $1.70; adjusted EPS $1.83, up 6% YoY (beats prior guidance).
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PPG Q4 2025 adjusted EPS $1.51, guides FY26 EPS $7.70-$8.10
Q4 net sales $3.9B (+5% YoY); organic sales +3%; adjusted EPS $1.51 (vs $1.61).
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PPG elects Todd M. Schneider, Cintas CEO, to board of directors
Todd M. Schneider (Cintas CEO) elected to PPG board, effective Jan. 14, 2026; serves on Nominating/Governance and Sustainability/Innovation committees.
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PPG CFO Vince Morales to retire July 1, 2026; successor search underway
CFO Vincent J. Morales announced intention to retire effective July 1, 2026.
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PPG issues $700M 4.375% Notes due 2031; proceeds for general corporate purposes
Completed $700M aggregate principal of 4.375% Notes due 2031 on Nov 3, 2025.
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PPG reports Q3 2025 adjusted EPS $2.13 (record), up 5% YoY; revises FY EPS guidance to $7.60-$7.70
Net sales $4.082B (+1% YoY); organic sales +2% on volume and price gains.
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PPG GC Anne Foulkes to retire; Joseph Gette named successor effective Jan 1, 2026
Anne Foulkes, SVP & GC since 2018, will retire on Aug 31, 2026; transitions to SVP Legal & Special Projects from Jan 1, 2026.
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PPG Q2 net sales $4.2B (-1% YoY); adjusted EPS $2.22 (-6%); organic sales +2%
Reported EPS $1.98, adjusted EPS $2.22; net income $450M (-9% YoY) from continuing operations.
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PPG Q1 revenue $3.68B (-4% YoY); adj EPS $1.72; maintains FY guidance
Net sales $3.68B (-4% YoY), reported EPS $1.64, adjusted EPS $1.72.
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PPG shareholders elect all 10 director nominees, approve say-on-pay and auditor ratification at 2025 meeting
All ten director nominees elected with votes for ranging from 162M to 181M; Guillermo Novo received lowest support at 162.1M for.
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PPG elects Nucor CEO Leon Topalian to board effective July 16, 2025
Leon Topalian, chair, president and CEO of Nucor Corporation, elected to PPG board.
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PPG completes €900M 3.250% Notes due 2032 offering for general corporate purposes
€900M aggregate principal of 3.250% Notes due 2032 issued on March 4, 2025.
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PPG Q4 2024 adjusted EPS $1.61 (+3% YoY); 2025 guidance $7.75-8.05
Net sales from continuing ops $3.7B (-5% YoY); reported EPS $0.01 (includes $1.22 loss on divestiture).
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PPG SVP Operations Ramaprasad Vadlamannati retires; separation payment of $102,000
Vadlamannati stepped down as SVP Operations effective Oct 1, 2024; remains employed through Dec 31, 2024.
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PPG reports Q3 2024 record EPS of $2.00; adjusted EPS $2.13; maintains FY guidance at low end
Net sales $4.575B, down 1% YoY; organic sales flat.
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PPG announces SVP Operations retirement; Kevin Braun to succeed Ram Vadlamannati
Ram Vadlamannati, SVP Operations, will step down effective Oct 1, 2024 and retire from PPG by Dec 31, 2024.
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PPG Q2 record EPS $2.24 (+9% YoY), adj $2.50 (+11%); margins up 110 bps
Net sales $4.79B, reported down 2% due to FX/divestitures; organic sales flat.
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PPG shareholders approve special-meeting right (25% threshold) and officer exculpation
Shareholders approved amendment allowing holders of 25%+ voting power to call special meetings.
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Kathy L. Fortmann elected to PPG board of directors effective July 17, 2024
Fortmann will serve on the Audit and Sustainability & Innovation Committees.
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PPG Q1 2024 adjusted EPS $1.86, net sales $4.31B; guides FY adj EPS $8.34-$8.59
GAAP EPS $1.69 (record), adjusted EPS $1.86; net income $400M up 52% YoY.
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PPG board authorizes $2.5B share repurchase program; effective immediately
Board approved $2.5B common stock repurchase authorization; no expiration date.
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PPG amends bylaws to add shareholder special meeting right, federal forum clause
Shareholders holding 25% voting power could call special meeting if approved at 2024 annual meeting.
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PPG director Stephen F. Angel to retire from board, effective Feb 15, 2024
Stephen F. Angel, 68, retires from PPG board after more than 13 years of service.
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PPG reports record Q4 sales $4.35B, adj. EPS $1.53 (+25%); guides FY 2024 adj. EPS $8.34-$8.59
Q4 net sales $4.35B (+4% YoY); adjusted EPS $1.53 (+25% YoY).
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PPG beats Q3: record $4.6B sales, adj EPS $2.07; raises FY guidance
Q3 net sales $4.644B (+4% YoY), adj EPS $2.07 (+25% YoY), both records.
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Tim Knavish elected PPG Chairman & CEO; McGarry retires Oct 1; Grant to retire from board
Timothy M. Knavish elected Chairman and CEO effective October 1, 2023; he became President and CEO on January 1, 2023.
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PPG enters $2.3B revolving credit facility, maturing 2028, replacing 2019 agreement
$2.3B unsecured revolving credit facility, with ability to increase by up to $750M.
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PPG board elects to continue annual Say-on-Pay votes after shareholder vote
Board determined on July 20, 2023, to hold future Say-on-Pay votes annually.
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PPG Industries appoints Christopher Roberts to board, effective Oct. 18
Christopher N. Roberts III, EVP & GM Global Food and Beverage at Ecolab, elected to PPG board effective Oct. 18, 2023.
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PPG reports record Q2 net sales of $4.87B; raises FY adjusted EPS guidance to $7.28-$7.48
Record quarterly net sales $4.872B (+4% YoY); organic sales +4% led by higher selling prices.
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PPG sets 2-4% organic sales growth target, 8-12% adjusted EPS growth through 2026
Targets annual organic sales growth of 2-4% and adjusted EPS growth of 8-12% through 2026 (vs 2023 baseline).
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PPG shareholders elect all director nominees, approve say-on-pay at 2023 annual meeting
Five director nominees elected: Stephen Angel, Hugh Grant, Melanie Healey, Timothy Knavish, Guillermo Novo (all >150M votes for).
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PPG Q1 adjusted EPS $1.82 beats prior year by 33%; record sales $4.38B
Adjusted EPS $1.82 vs $1.37 YoY (+33%); reported EPS $1.11.
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PPG enters €500M term loan credit facility due April 2026 at Eurocurrency + 0.79%
€500M term loan borrowed on April 12, 2023; margin of 0.79% over Eurocurrency Rate.
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PPG raises Q1 2023 adjusted EPS guidance to $1.52-$1.58 from prior $1.10-$1.20
Adjusted EPS expected $1.52-$1.58, well above prior guidance of $1.10-$1.20.
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PPG amends credit agreements to replace LIBOR with Term SOFR
Amendment No. 1 to Five Year Credit Agreement and Term Loan Credit Agreement executed March 23, 2023.
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PPG Q4 adj EPS $1.22, revenue $4.2B; full-year net income down 28% to $1.03B
Q4 adj EPS $1.22 vs $1.26 YoY; reported EPS $1.01. Revenue $4.185B (+5% constant currency).
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PPG amends bylaws to align director nominations with SEC universal proxy rules
Board approved Amended and Restated Bylaws effective October 20, 2022.
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CEO succession at PPG: Knavish to become CEO Jan 1, 2023; McGarry Executive Chairman then retiring Oct 1, 2023
Tim Knavish elected President and CEO effective Jan 1, 2023; joins Board Oct 20, 2022.
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PPG Q3 2022: Record sales $4.5B, but EPS misses; guides Q4 adjusted EPS $1.05-$1.20
Record Q3 net sales $4.468B (+2% reported, +8% constant currency); organic sales +9% driven by 12% higher selling prices.
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PPG pre-announces Q3 adjusted EPS 5-7% below prior guidance of $1.75-$2.00
Adjusted EPS for Q3 2022 expected 5-7% below low end of $1.75-$2.00 range previously communicated in July.
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PPG EVP Rebecca Liebert to leave company effective Sept. 16, 2022 for external opportunity
EVP Rebecca Liebert informed PPG of her departure to pursue an external opportunity, effective Sept. 16, 2022.
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PPG reports record Q2 net sales $4.691B, reported EPS $1.86, adjusted EPS $1.81
Organic sales up 8% driven by 12% higher selling prices; two-year stack price gain of 15%.
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PPG announces passing of board member Steven A. Davis
Steven A. Davis, a PPG board member since 2019, passed away on July 10, 2022.
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PPG issues €1B in notes: €300M 1.875% due 2025, €700M 2.750% due 2029
Completed offering of €300M 1.875% Notes due 2025 and €700M 2.750% Notes due 2029.
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PPG issues €1B in notes: €300M 1.875% due 2025 and €700M 2.750% due 2029
Issued €300M 1.875% Notes due 2025 and €700M 2.750% Notes due 2029 under underwriting agreement dated May 18, 2022.