PPG Industries, Inc. reported flat net sales of approximately $15.9 billion for the fiscal year ending December 31, 2025, compared to $15.8 billion in 2024. The company's income before income taxes increased by $193 million to $2.045 billion, attributed to lower restructuring charges, improved manufacturing productivity, and higher selling prices. However, these gains were partially offset by an unfavorable sales mix and inflationary pressures on overhead costs. The effective tax rate for the year was 22.4%, down from 25.6% in the previous year, contributing to an increase in earnings per diluted share from continuing operations to $6.92, up from $5.72 in 2024.
In terms of operational changes, PPG completed significant divestitures in 2024, including the sale of its architectural coatings business in the U.S. and Canada, which impacted the current year's sales figures. The company also implemented a comprehensive cost reduction program aimed at achieving annualized savings of approximately $175 million, with $75 million realized in 2025. PPG's employee headcount stood at approximately 43,500 as of December 31, 2025, with a strong focus on maintaining employee engagement and safety.
Geographically, PPG's sales performance varied, with the United States and Canada contributing $5.4 billion, a slight increase from the previous year. Sales in Europe, the Middle East, and Africa (EMEA) decreased marginally to $5.4 billion, while the Asia Pacific region saw a 0.9% increase to $2.9 billion. Latin America remained stable at $2.2 billion. The company reported that approximately 70% of its total net sales were recognized outside the United States, reflecting its significant global footprint.
Looking ahead, PPG anticipates continued challenges in demand, particularly in Europe and global industrial markets. However, the company expects growth driven by its aerospace coatings and architectural coatings segments, particularly in Mexico. For 2026, PPG projects organic sales growth to be flat to a low single-digit percentage increase, supported by its focus on technology-advantaged products and services. The company also plans to maintain its commitment to sustainability, with 43% of sales in 2025 coming from sustainably-advantaged products.
About PPG INDUSTRIES INC
PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty surface products globally. Its segments include Architectural, Performance, and Industrial Coatings, serving markets such as construction, aerospace, automotive, marine, and packaging. Known for innovation, sustainability, and quality, PPG supplies to contractors, manufacturers, and consumers, emphasizing technological advancement, environmental responsibility, and customer collaboration in a highly competitive industry.
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