PPG Industries Q1 2025: Financials and Debt Details

Ticker: PPG · Form: 10-Q · Filed: 2025-04-30T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, debt

TL;DR

PPG Q1 2025: Financials out, debt details clear. All good.

AI Summary

PPG Industries Inc. reported its first quarter 2025 results for the period ending March 31, 2025. The company's filing details its financial performance, including various debt instruments such as the 0.875% Notes due 2025 and 1.875% Notes due 2025, among others. The report also outlines the company's business segments and standard financial reporting categories.

Why It Matters

This filing provides investors with a snapshot of PPG's financial health and debt obligations as of the end of Q1 2025, crucial for understanding its financial stability and future investment potential.

Risk Assessment

Risk Level: low — The filing is a standard quarterly report with no immediate red flags or significant negative developments.

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The 10-Q filing is for the period ending March 31, 2025.

What is the company's fiscal year end?

PPG Industries Inc.'s fiscal year ends on December 31.

What are some of the debt instruments mentioned in the filing?

The filing mentions debt instruments such as 0.875% Notes due 2025, 1.875% Notes due 2025, 1.400% Notes due 2027, and 2.750% Notes due 2029.

In which state was PPG Industries Inc. incorporated?

PPG Industries Inc. was incorporated in Pennsylvania (PA).

What is the SIC code for PPG Industries Inc.?

The Standard Industrial Classification (SIC) code for PPG Industries Inc. is 2851, which corresponds to Paints, Varnishes, Lacquers, Enamels & Allied Products.

From the Filing

0000079879-25-000133.txt : 20250430 0000079879-25-000133.hdr.sgml : 20250430 20250430141340 ACCESSION NUMBER: 0000079879-25-000133 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 86 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250430 DATE AS OF CHANGE: 20250430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PPG INDUSTRIES INC CENTRAL INDEX KEY: 0000079879 STANDARD INDUSTRIAL CLASSIFICATION: PAINTS, VARNISHES, LACQUERS, ENAMELS & ALLIED PRODUCTS [2851] ORGANIZATION NAME: 08 Industrial Applications and Services EIN: 250730780 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-01687 FILM NUMBER: 25893766 BUSINESS ADDRESS: STREET 1: ONE PPG PL 40 EAST CITY: PITTSBURGH STATE: PA ZIP: 15272 BUSINESS PHONE: 4124343131 MAIL ADDRESS: STREET 1: ONE PPG PL 40 EAST CITY: PITTSBURGH STATE: PA ZIP: 15272 FORMER COMPANY: FORMER CONFORMED NAME: PITTSBURGH PLATE GLASS CO DATE OF NAME CHANGE: 19681219 10-Q 1 ppg-20250331.htm 10-Q ppg-20250331 FALSE 2025 Q1 0000079879 12/31 http://fasb.org/us-gaap/2024#OtherIncome http://fasb.org/us-gaap/2024#OtherIncome http://fasb.org/us-gaap/2024#InterestExpense http://fasb.org/us-gaap/2024#InterestExpense http://fasb.org/us-gaap/2024#InterestExpense http://fasb.org/us-gaap/2024#InterestExpense http://fasb.org/us-gaap/2024#OtherAssetsCurrent http://fasb.org/us-gaap/2024#OtherAssetsCurrent http://fasb.org/us-gaap/2024#AccountsPayableAndAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccountsPayableAndAccruedLiabilitiesCurrent xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure iso4217:EUR ppg:Segment 0000079879 2025-01-01 2025-03-31 0000079879 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0000079879 ppg:A0.875NotesDue2025Member 2025-01-01 2025-03-31 0000079879 ppg:A1875NotesDue2025Member 2025-01-01 2025-03-31 0000079879 ppg:A1.400NotesDue2027Member 2025-01-01 2025-03-31 0000079879 ppg:A2750NotesDue2029Member 2025-01-01 2025-03-31 0000079879 ppg:A3.250NotesDue2032Member 2025-01-01 2025-03-31 0000079879 2025-03-31 0000079879 2024-01-01 2024-03-31 0000079879 2024-12-31 0000079879 us-gaap:CommonStockMember 2024-12-31 0000079879 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0000079879 us-gaap:RetainedEarningsMember 2024-12-31 0000079879 us-gaap:TreasuryStockCommonMember 2024-12-31 0000079879 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0000079879 us-gaap:ParentMember 2024-12-31 0000079879 us-gaap:NoncontrollingInterestMember 2024-12-31 0000079879 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0000079879 us-gaap:ParentMember 2025-01-01 2025-03-31 0000079879 us-gaap:NoncontrollingInterestMember 2025-01-01 2025-03-31 0000079879 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-03-31 0000079879 us-gaap:TreasuryStockCommonMember 2025-01-01 2025-03-31 0000079879 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0000079879 us-gaap:CommonStockMember 2025-03-31 0000079879 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0000079879 us-gaap:RetainedEarningsMember 2025-03-31 0000079879 us-gaap:TreasuryStockCommonMember 2025-03-31 0000079879 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0000079879 us-gaap:ParentMember 2025-03-31 0000079879 us-gaap:NoncontrollingInterestMember 2025-03-31 0000079879 us-gaap:CommonStockMember 2023-12-31 0000079879 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000079879 us-gaap:RetainedEarningsMember 2023-12-31 0000079879 us-gaap:TreasuryStockCommonMember 2023-12-31 0000079879 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000079879 us-gaap:ParentMember 2023-12-31 0000079879 us-gaap:NoncontrollingInterestMember 2023-12-31 0000079879 2023-12-31 0000079879 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0000079879 us-gaap:ParentMember 2024-01-01 2024-03-31 0000079879 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0000079879 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0000

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