Quarterly ResultJul 28, 2026, 04:32 PM
PPG Q2 Net Sales $4.5B (+7%); Adjusted EPS $2.23
AI Summary
PPG Industries reported strong second quarter 2026 financial results, with net sales increasing 7% to $4.5 billion and organic sales growing 4%. The company achieved adjusted EPS of $2.23 and generated approximately $600 million in cash from operating activities year to date. PPG reaffirmed its full-year 2026 adjusted EPS guidance, citing positive momentum and effective pricing actions.
Key Highlights
- Net sales increased 7% year over year to $4.5 billion.
- Organic sales grew 4% year over year, with 2% from volumes and 2% from selling prices.
- Adjusted earnings per diluted share (EPS) was $2.23.
- Cash from operating activities reached $600 million year to date, up $220 million.
- Share repurchases totaled $75 million in Q2 and $175 million year to date.
- Reaffirmed full-year 2026 adjusted EPS guidance range of $7.70 to $8.10.
- Global Architectural Coatings organic sales grew 2%, with EBITDA margin up 100 basis points.
- Industrial Coatings organic sales increased 5% due to share gains across all three businesses.
Price Impact
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