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PPG Q3

PPG Sees Modest Q3 Growth

PPG Industries Inc. released its financial results for the third quarter of 2025, posting net sales of $4.1 billion, a 1% increase year over year and down 2.38% from Q2 2025.

Net income for the quarter was flat year over year at $444 million, but down 1.33% from Q2 2025.  Diluted earnings per share were $1.96 and adjusted EPS were $2.13, an increase of 5% year over year.

“Strength in the quarter was driven by demand for PPG’s technology-advantaged products, resulting in double-digit organic growth in aerospace coatings, protective and marine coatings and packaging coatings,” says Tim Knavish, PPG chairman and CEO. “Additionally, we delivered above-market growth in automotive original equipment manufacturer coatings stemming from share gains. Overall demand for architectural coatings has improved sequentially as organic sales were flat in the quarter, with growth in Mexico offsetting a modest decline in Europe.”

Knavish expects Q4 to be strong, despite the current macroeconomic environment, and believes the company has benefited from share gains in its industrial coatings segment.

PPG expects its full-year earnings to range from $7.60-$7.70 per share.