PPG Industries Cash Flow Statement
NYSE: PPGConsumer DiscretionaryPaints/CoatingsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
PPG Industries free cash flow
In fiscal 2025, PPG Industries generated $1.94 billion of operating cash flow and spent $778.0 million on capital expenditures. That left free cash flow of $1.16 billion, a free-cash-flow margin of 7.3% of revenue. Free cash flow was up 66.4% from the prior year's $699.0 million.
PPG Industries returned $1.42 billion to shareholders: $628.0 million in dividends and $790.0 million in share repurchases, equal to 122% of free cash flow. Free cash flow covered dividend payments 1.9 times.
Summary generated from market data by MetaCap's automated system. Methodology
PPG Industries cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.59B | 1.15B | 1.31B | 1.05B | 1.46B | 1.07B | 1.27B | 1.36B | 1.61B | 895.00M |
| Net Income growth (YoY) | +38.56% | -12.22% | +24.19% | -27.81% | +35.94% | -15.37% | -6.55% | -15.91% | +80.45% | -37.28% |
| Depreciation & Amortization | 528.00M | 492.00M | 514.00M | 502.00M | 561.00M | 509.00M | 511.00M | 497.00M | 460.00M | 440.00M |
| Stock-Based Compensation | 46.00M | 42.00M | 56.00M | 34.00M | 57.00M | 44.00M | 39.00M | 37.00M | 35.00M | 45.00M |
| Change in Working Capital | -158.00M | -467.00M | 308.00M | -404.00M | -47.00M | 425.00M | 190.00M | -461.00M | -174.00M | 104.00M |
| Operating Cash Flow | 1.94B | 1.42B | 2.41B | 963.00M | 1.56B | 2.13B | 2.08B | 1.47B | 1.57B | 1.35B |
| Capital Expenditures | -778.00M | -721.00M | -516.00M | -486.00M | -371.00M | -304.00M | -413.00M | -411.00M | -360.00M | -380.00M |
| Investing Cash Flow | -700.00M | 107.00M | -556.00M | -461.00M | -2.40B | -1.45B | -1.01B | -764.00M | -67.00M | 436.00M |
| Dividends Paid | -628.00M | -622.00M | -598.00M | -570.00M | -536.00M | -496.00M | -468.00M | -453.00M | -434.00M | -414.00M |
| Share Repurchases | -790.00M | -752.00M | -86.00M | -190.00M | -210.00M | 0 | -325.00M | -1.72B | -813.00M | -1.05B |
| Debt Issued | — | — | — | — | — | — | — | — | — | 1.16B |
| Debt Repaid | -1.04B | -300.00M | -300.00M | 0 | -847.00M | -500.00M | -637.00M | -6.00M | -588.00M | -379.00M |
| Financing Cash Flow | -545.00M | -1.43B | -1.55B | -409.00M | 93.00M | -59.00M | -758.00M | -1.21B | -1.95B | -1.21B |
| Net Change in Cash | 893.00M | -223.00M | 410.00M | 91.00M | -821.00M | 610.00M | 314.00M | -534.00M | -384.00M | 509.00M |
| Free Cash Flow | 1.16B | 699.00M | 1.90B | 477.00M | 1.19B | 1.83B | 1.67B | 1.06B | 1.21B | 971.00M |
This table shows 10 annual periods of PPG Industries's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow PPG's reporting calendar. What is a cash flow statement?