PPG Industries — Jul 28, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000079879-26-000246
Showing in the filing
Adjusted EPS
“$7.70 to $8.10”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 11
Adjusted EPS for FY2026
“$7.70 to $8.10”
Performance Coatings segment EBITDA margin for FY2026
“expansion”
Automotive refinish coatings organic sales for H2 FY2026
“a low to mid-single-digit percentage”
Automotive refinish coatings organic sales g… for FY2026
“a low to mid-single-digit percentage”
Cost of goods sold inflation coverage for Q4 FY2026
“100%”
Adjusted earnings per share for FY2026
“$7.70 to $8.10”
Global Architectural Coatings segment organi… for Q3 FY2026
“flat to a low single-digit percentage growth year over year”
Global Architectural Coatings segment organi… for Q3 FY2026
“flat to a low single-digit percentage growth year over year”
Global Architectural Coatings segment EBITDA… for Q3 FY2026
“relatively flat”
Organic sales growth for Q3 FY2026
“a low single-digit to a mid-single-digit percentage”
Company adjusted EBITDA margin for Q3 FY2026
“flat to a decline of 100 basis points year over year”
Exhibit 99.1 · the passage around this item
… earlier in the release
ly $600 million year to date, more than $220 million higher year over year • Share repurchases totaled $75 million in the quarter and $175 million year to date • Reaffirming full-year 2026 adjusted EPS guidance range of $7.70 to $8.10 PITTSBURGH, July 28, 2026 – PPG (NYSE:PPG) today reported financial results for the second quarter 2026. Second Quarter 2026 Consolidated Results $ in millions, except EPS 2Q 2026 2Q 2025 YOY change Net sales $4,495 $4,195 +7% Net income (a) $439 $450 (2)% Adjusted net income (a)(b) $500 $504 (1)% EPS (a) $1.96 $1.98 (1)% Adjusted EPS (a)(b) $2.23 $2.22 —% (a) From continuing operations (b) Reconciliations of reported to adjusted figures are included below Chairman and CEO Comments Tim Knavish, PPG chairman and chief executive officer, commented on the quarter: I am proud to announce that PPG delivered its sixth consecutive quarter of organic sales growth, a solid increase of 4%, with equal contributions from sales volumes and selling prices. We outpaced the industry by 300 basis points, achieving organic growth in all three segments and in eight of our nine businesses, demonstrating our ability to accelerate momentum in a complex and evolving environment. Adjusted EPS of $2.23 was slightly higher year over year driven by strong results in our differentiated aerospace and architectural coatings Latin America businesses, offsetting lower sales volumes in automotive refinish coating
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.