PPG Industries, Inc.
PPGFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
15,845
Cost of Revenue
9,252
Gross Profit
6,593
Gross Margin
41.6%
Operating Income
2,287
Operating Margin
14.4%
Net Income
1,116
Net Margin
7.0%
EPS (Basic)
$4.77
EPS (Diluted)
$4.75
EBITDA
2,585
EBITDA Margin
16.3%
2023
12/31/2023
Revenue
16,242
Cost of Revenue
9,678
Gross Profit
6,564
Gross Margin
40.4%
Operating Income
2,035
Operating Margin
12.5%
Net Income
1,270
Net Margin
7.8%
EPS (Basic)
$5.38
EPS (Diluted)
$5.35
EBITDA
2,451
EBITDA Margin
15.1%
2022
12/31/2022
Revenue
15,614
Cost of Revenue
9,975
Gross Profit
5,639
Gross Margin
36.1%
Operating Income
1,666
Operating Margin
10.7%
Net Income
1,026
Net Margin
6.6%
EPS (Basic)
$4.35
EPS (Diluted)
$4.32
EBITDA
2,024
EBITDA Margin
13.0%
2021
12/31/2021
Revenue
16,802
Cost of Revenue
10,286
Gross Profit
6,516
Gross Margin
38.8%
Operating Income
1,686
Operating Margin
10.0%
Net Income
1,439
Net Margin
8.6%
EPS (Basic)
$6.06
EPS (Diluted)
$6.01
EBITDA
2,497
EBITDA Margin
14.9%
2020
12/31/2020
Revenue
13,834
Cost of Revenue
7,777
Gross Profit
6,057
Gross Margin
43.8%
Operating Income
1,780
Operating Margin
12.9%
Net Income
1,059
Net Margin
7.7%
EPS (Basic)
$4.47
EPS (Diluted)
$4.45
EBITDA
2,009
EBITDA Margin
14.5%