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PPG Industries 8-K Report, Financial Results (Oct 27, 2026)

Reports
Earnings & Results·Exhibits & Filings
Filing Date
Filed October 27, 2026
Period End
October 27, 2026
Security
PPG
In the record · 2016–202610-K1210-Q338-K141

PPG filed 12 annual reports (10-K), 33 quarterly reports (10-Q) and 141 current reports (8-K) between 2016 and 2026.

  1. Restructuring8-K · Dec ’16Dec ’16
  2. Material agreement8-K · Sep ’19Sep ’19
  3. Leadership change8-K · Dec ’21Dec ’21
  4. Leadership change8-K · Dec ’25Dec ’25

01—Abstract

Summary

Summary of the 8-K filed October 27, 2026. Cited figures are marked; the original filing is the authoritative source.

PPG Industries, Inc. filed an 8-K furnishing its earnings press release for the third quarter of 2026, dated October 27, 2026, under Items 2.02 and 9.01.

The company reported net sales of $4,353 milliona, up 7% year over year, with organic sales up 5%. Reported EPS from continuing operations was $2.12, up 8%, and adjusted EPS was $2.25, up 6%. The release describes both as record third-quarter EPS, and it notes that adjusted EBITDA margin was 18.2%, unchanged from the prior year.

Segment results were mixed. Global Architectural Coatings and Performance Coatings both expanded segment EBITDA margins, to 24.0%b (up 300 basis points) and 23.9% (up 220 basis points), respectively. Industrial Coatings was the weak spot, with segment EBITDA down 11% and margin down 260 basis points to 14.4%, which management attributed to cost of goods sold inflation and the timing of index-based pricing.

Cash from operating activities was about $1.2 billionc year to date, and share repurchases totaled about $150 million in the quarter and $320 million year to date. Net debt was $5.2 billion, down about $200 million from the prior year. Management narrowed full-year 2026 adjusted EPS guidance to $7.90 to $8.10 and raised the midpoint.

It expects low single-digit percentage organic sales growth in the fourth quarter, led by aerospace, Latin America architectural coatings and packaging coatings, along with flat to up 100 basis points of adjusted EBITDA margin expansion year over year. The filing states that the press release is furnished, not filed, and that a conference call will be held October 28, 2026 at 8:00 a.m. ET.

02—Key points

Key Highlights

  1. Record third-quarter reported EPS of $2.12 (up 8%) and adjusted EPS of $2.25 (up 6%) from continuing operations.
  2. Net sales rose 7% to $4,353 million, with organic sales up 5%; the release attributes the gain to higher selling prices (3%), higher volumes (2%), currency (1%) and acquisitions (1%).
  3. Performance Coatings led with organic sales up 8% and segment EBITDA up 21%, with EBITDA margin expanding 220 basis points to 23.9%.
  4. Global Architectural Coatings segment EBITDA rose 19% and margin improved 300 basis points to 24.0%, driven by Latin America and pricing in all regions.
  5. Industrial Coatings segment EBITDA fell 11% and margin declined 260 basis points to 14.4%, as cost of goods sold inflation outweighed higher selling prices.
  6. Full-year 2026 adjusted EPS guidance was narrowed to $7.90–$8.10 with a higher midpoint; fourth-quarter organic sales are expected to grow at a low single-digit percentage.
  7. Net debt was $5.2 billion, down about $200 million year over year; share repurchases were $320 million year to date.

03—Questions

Frequently Asked Questions

  1. How did PPG perform in the third quarter of 2026?

    Net sales were $4,353 million, up 7% year over year, and organic sales increased 5%. Reported EPS from continuing operations was $2.12, up 8%, and adjusted EPS was $2.25, up 6%. Adjusted EBITDA was $793 million, with a margin of 18.2%, the same as in the prior-year quarter.

  2. Which segments drove results, and which lagged?

    Performance Coatings and Global Architectural Coatings both posted segment EBITDA growth of 21% and 19%, respectively, with margin expansion. Industrial Coatings was the laggard, with segment EBITDA down 11% and margin down 260 basis points to 14.4%, because cost of goods sold inflation was high and index-based pricing had not yet fully flowed through.

  3. What is PPG's updated full-year 2026 guidance?

    PPG narrowed its full-year 2026 adjusted EPS guidance to $7.90 to $8.10 and raised the midpoint. For the fourth quarter, it expects low single-digit percentage organic sales growth and adjusted EBITDA margin that is flat to up 100 basis points year over year.

  4. How is PPG managing its balance sheet and capital returns?

    Cash from operating activities was about $1.2 billion year to date, $100 million higher than a year earlier. The company repurchased about $150 million of shares in the quarter and $320 million year to date. Net debt was $5.2 billion, a decrease of about $200 million from the third quarter of 2025.

  5. What is the nature of this filing and when is the earnings call?

    This Form 8-K furnishes the third-quarter 2026 earnings press release (Exhibit 99) under Item 2.02, and the information is not deemed filed for purposes of Section 18 of the Exchange Act. PPG will hold a conference call to review the results on October 28, 2026, at 8:00 a.m. ET.

04—Continue

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