PPG reported second quarter 2026 net sales of $4.5 billion, a 7% increase year-over-year, and adjusted EPS of $2.23. The company achieved 4% organic sales growth, driven by a 2% increase in volumes and a 2% rise in selling prices, while reaffirming its full-year 2026 adjusted EPS guidance.
Key Highlights
- Organic sales growth of 4% outpaced expectations, driven by strong performance in aerospace and market share gains in industrial coatings.
- The Industrial Coatings segment delivered 5% volume growth, led by double-digit growth in packaging coatings and automotive OEM sales that outpaced global auto production by 500 basis points.
- Performance Coatings segment results were mixed, as double-digit organic sales growth in aerospace was offset by a double-digit percentage decline in automotive refinish coatings sales volumes.