Operating Income for PPG Industries (PPG)
According to PPG Industries's latest reported financial statements, the company's current operating income (TTM) is $1.92B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.92B
YoY change
-5.2%
5Y CAGR
+4.0%
Peak year (2024)
$2.29B
Cumulative operating income
$52.61B
Operating Income history chart for PPG Industries (PPG) from 1985 to 2025
Operating Income history table for PPG Industries (PPG) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $2.17B | -5.2% | ||
| 2024 | $2.29B | +12.4% | ||
| 2023 | $2.04B | +22.1% | ||
| 2022 | $1.67B | -1.2% | ||
| 2021 | $1.69B | -5.3% | ||
| 2020 | $1.78B | -8.5% | ||
| 2019 | $1.95B | +4.5% | ||
| 2018 | $1.86B | -7.5% | ||
| 2017 | $2.01B | +69.4% | ||
| 2016 | $1.19B | -39.3% | ||
| 2015 | $1.96B | +8.0% | ||
| 2014 | $1.81B | +17.0% | ||
| 2013 | $1.55B | +22.0% | ||
| 2012 | $1.27B | -3.2% | ||
| 2011 | $1.31B | -3.9% | ||
| 2010 | $1.37B | +54.7% | ||
| 2009 | $883.00M | -29.0% | ||
| 2008 | $1.24B | -4.8% | ||
| 2007 | $1.31B | +6.3% | ||
| 2006 | $1.23B | +3.8% | ||
| 2005 | $1.18B | +6.9% | ||
| 2004 | $1.11B | +13.9% | ||
| 2003 | $973.00M | +6.8% | ||
| 2002 | $911.00M | -1.4% | ||
| 2001 | $924.00M | -23.1% | ||
| 2000 | $1.20B | +8.4% | ||
| 1999 | $1.11B | -11.2% | ||
| 1998 | $1.25B | -5.1% | ||
| 1997 | $1.32B | +1.6% | ||
| 1996 | $1.29B | -0.5% | ||
| 1995 | $1.30B | +28.7% | ||
| 1994 | $1.01B | +41.1% | ||
| 1993 | $716.60M | +4.6% | ||
| 1992 | $684.80M | +20.9% | ||
| 1991 | $566.40M | -37.4% | ||
| 1990 | $904.40M | +8.1% | ||
| 1989 | $836.30M | -9.1% | ||
| 1988 | $920.30M | +41.4% | ||
| 1987 | $650.80M | +5.3% | ||
| 1986 | $618.30M | +10.9% | ||
| 1985 | $557.70M | — |
Operating Income values are taken from PPG Industries's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for PPG Industries (PPG) came in at $2.17B – declined 5.2% year-over-year.
Through 2020–2025 (5 years), PPG Industries operating income delivered a +4.0% annualised rate; with the latest reading among the more recent periods of the dataset.
Between 2024 and 2025, PPG Industries operating income declined 5.2%, falling from $2.29B to $2.17B.
Across the available history, operating income reached its high of $2.29B in 2024 and its low of $557.70M in 1985.
PPG Industries (PPG) sits 9th of 8 Basic Materials peers we track on this metric, against a peer median of $6.31B.
PPG Industries Operating Income by Year
PPG Industries Operating Income 2025: $2.17B
PPG Industries operating income in 2025 was $2.17B, declined 5.2% below 2024.
PPG Industries Operating Income 2024: $2.29B
PPG Industries operating income in 2024 was $2.29B, grew 12.4% from 2023. This figure represents the highest annual value in the available history.
PPG Industries Operating Income 2023: $2.04B
PPG Industries operating income in 2023 was $2.04B, grew 22.1% from 2022.
PPG Industries Operating Income 2022: $1.67B
PPG Industries operating income in 2022 was $1.67B, edged down 1.2% below 2021.
PPG Industries Operating Income 2021: $1.69B
PPG Industries operating income in 2021 was $1.69B.
See more financial history for PPG Industries (PPG).
Sector peers — Operating Income
Companies in the same sector as PPG Industries, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Newmont Corporation (NEM) | $10.35B | Basic Materials |
| Linde plc (LIN) | $8.94B | Basic Materials |
| Southern Copper Corporation (SCCO) | $7.00B | Basic Materials |
| Agnico Eagle Mines Limited (AEM) | $6.33B | Basic Materials |
| Freeport-McMoRan Inc. (FCX) | $6.29B | Basic Materials |
| CRH plc (CRH) | $4.53B | Basic Materials |
| The Sherwin-Williams Company (SHW) | $3.80B | Basic Materials |
| Ecolab Inc. (ECL) | $2.91B | Basic Materials |
Frequently asked questions
What is PPG Industries's operating income?
- Latest reported operating income for PPG Industries (PPG) is $1.92B (period ending March 31, 2026).
How has PPG Industries operating income changed year-over-year?
- PPG Industries (PPG) operating income changed -5.2% year-over-year on the latest annual filing.
What is the long-term growth rate of PPG Industries operating income?
- PPG Industries (PPG) operating income compound annual growth rate is +4.0% over the most recent 5 years available.
When did PPG Industries operating income hit its highest annual value?
- PPG Industries operating income reached its highest annual value of $2.29B in 2024.
What was PPG Industries operating income in 2024?
- PPG Industries (PPG) operating income in 2024 was $2.29B.
What was PPG Industries operating income in 2025?
- PPG Industries (PPG) operating income in 2025 was $2.17B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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