- Net sales increased 1% to $4.1 billion in Q3 2025.
- Organic sales rose 2% due to higher volumes and prices.
- Record adjusted EPS reached $2.13, up 5% year over year.
- Share repurchases totaled $150 million this quarter.
Financial Performance
PPG reported a 1% increase in net sales for Q3 2025, reaching $4.1 billion. Organic sales grew by 2%, driven by higher sales volumes and prices. The company achieved a record adjusted earnings per share (EPS) of $2.13, marking a 5% increase year over year. Segment margin stood at 17%, while the segment EBITDA margin was 20%.
Share Repurchases
During the third quarter, PPG repurchased shares totaling approximately $150 million, contributing to a year-to-date total of $690 million in share buybacks.
Market Dynamics
PPG experienced double-digit organic growth in aerospace coatings, protective and marine coatings, and packaging coatings. Automotive OEM coatings also saw above-market growth due to share gains. However, automotive refinish coatings faced lower sales volumes in the third quarter, attributed to distributor order patterns favoring the first half of the year.
Regional Performance
Architectural coatings demand improved sequentially, with organic sales remaining flat. Growth in Mexico offset a modest decline in Europe, reflecting varied regional performance.
