PPG Q4 revenue beats estimates on organic sales growth

PPG Industries

27/01/2026 21:14

Overview

Paints and coatings firm's Q4 revenue rose 5%, beating analyst expectations

Adjusted EPS for Q4 missed analyst expectations

Company repurchased approximately $100 mln in shares during the quarter

Outlook

PPG anticipates full-year 2026 adjusted EPS between $7.70 and $8.10

Company expects organic sales growth in flat to low single-digit percentage for 2026

PPG sees EPS growth weighted towards second half of 2026

Result Drivers

ORGANIC SALES GROWTH - PPG reported 3% organic sales growth in Q4, driven by higher selling prices and sales volume growth across all regions

SEGMENT PERFORMANCE - Global Architectural Coatings improved sequentially, with strong retail sales in Mexico, while Performance Coatings saw record sales in aerospace coatings

INDUSTRIAL COATINGS - Industrial Coatings segment saw 4% organic sales growth, driven by share gains and double-digit volume growth in packaging coatings

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$3.91 bln
$3.78 bln (18 Analysts)
Q4 Adjusted EPS
Miss
$1.51
$1.58 (20 Analysts)
Q4 EPS
$1.34
Q4 Adjusted Net Income
Miss
$341 mln
$354.84 mln (12 Analysts)
Q4 Net Income
$302 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 14 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commodity chemicals peer group is "buy"

Wall Street's median 12-month price target for PPG Industries Inc is $120.00, about 6.5% above its January 26 closing price of $112.65

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nBw5rvFMna

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)