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PPG Industries Inc. recently released its financial results for the second quarter of 2025.
Net sales in Q2 decreased 1% year over year to $4.2 billion, primarily due to business divestitures.
Net income decreased 9% from Q2 2024, down to $450 billion from $493 billion. Diluted earnings per share reached $1.98 billion, a 5% decrease from the second quarter of 2024.
“I am pleased with our growth momentum as we delivered 2% organic sales growth with equal contributions from sales volumes and selling prices,” says Tim Knavish, PPG chairman and executive officer. “This organic growth reflects the benefits of PPG’s strong product portfolio and our commercial execution across our global business in an increasingly dynamic macro environment. The Performance Coatings segment achieved record quarterly sales and earnings with a 6% increase in organic sales supported by strong customer demand for our technology-advantaged products and services. In the Industrial Coatings segment, following several quarters of contraction, sales volumes were flat as we realized the initial benefits of share gains.”
The company reaffirmed its adjusted earnings per share guidance of $7.75 to $8.05 billion. This range is determined by the momentum of share gains and self-help actions by the company and the current economic climate.
