PPG Q4 sales rose 5% to $3.9 billion; adjusted EPS fell 6% to $1.51
PPG reported fourth-quarter 2025 net sales of $3.9 billion, up 5% from a year earlier, but adjusted earnings per share fell 6% to $1.51. For full-year 2025, adjusted EPS was $7.58, down 4%, on flat net sales of $15.9 billion. The company expects 2026 adjusted EPS of $7.70 to $8.10, which at the midpoint represents mid-single-digit growth.
Key points
- Q4 2025 net sales were $3,914 million versus $3,729 million, up 5%; adjusted net income was $341 million versus $375 million, down 9%.
- Q4 2025 reported EPS was $1.34 versus $0.01 a year earlier; adjusted EPS was $1.51 versus $1.61.
- Full-year 2025 adjusted EPS was $7.58 versus $7.87; share repurchases totaled $790 million for the year.
- 2026 outlook: adjusted EPS of $7.70 to $8.10 and organic sales flat to low single-digit percentage growth, weighted toward the second half.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.