Ppg Industries (PPG) Operating Expenses (2009 - 2026)
Ppg Industries' (PPG) quarterly Operating Expenses came in at $998.0 million in Q1 2026, up 6.17% year-on-year from $940.0 million in Q1 2025, and down 1.58% on a QoQ basis from $1.0 billion in Q4 2025.
Ppg Industries (PPG) Operating Expenses (2009 - 2026) Analysis & Trends
Ppg Industries (PPG) has 18 years of Operating Expenses data on file, last reported at $998.0 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 6.17% year-over-year to $998.0 million in Q1 2026; TTM through Mar 2026 was $3.9 billion, a 2.59% increase from a year earlier, with the FY2025 full-year figure at $3.9 billion, down 4.99% from the prior year.
- Operating Expenses for Q1 2026 stood at $998.0 million, down from $1.0 billion in the prior quarter.
- Over the last five years, Operating Expenses for PPG reached as high as $1.2 billion in Q2 2023 and fell as low as $264.0 million in Q4 2022.
- Historically, Operating Expenses has averaged $945.4 million across 5 years, with a median of $978.0 million in 2025.
- Across the five-year window, Operating Expenses sank 77.08% in 2022 and jumped 131.41% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $264.0 million in 2022, then jumped by 57.95% to $417.0 million in 2023, then soared by 131.41% to $965.0 million in 2024, then grew by 5.08% to $1.0 billion in 2025, then dropped by 1.58% to $998.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $998.0 million in Q1 2026, $1.0 billion in Q4 2025, and $930.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 931.00 Mn |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 1.97 Bn |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | 1.08 Bn |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 248.80 Mn |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 998.00 Mn |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 6.96 Bn |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | -48.90 Mn |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 599.00 Mn |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 302.00 Mn |
| 10 | Rpm International | 13.63 Bn | 13.32 Bn | 950.03 Mn | 644.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 998.00 Mn |
| Dec 31, 2025 | 1.01 Bn |
| Sep 30, 2025 | 930.00 Mn |
| Jun 30, 2025 | 978.00 Mn |
| Mar 31, 2025 | 940.00 Mn |
| Dec 31, 2024 | 965.00 Mn |
| Sep 30, 2024 | 950.00 Mn |
| Jun 30, 2024 | 966.00 Mn |
| Mar 31, 2024 | 957.00 Mn |
| Dec 31, 2023 | 417.00 Mn |
| Sep 30, 2023 | 1.16 Bn |
| Jun 30, 2023 | 1.18 Bn |
| Mar 31, 2023 | 1.10 Bn |
| Dec 31, 2022 | 264.00 Mn |
| Sep 30, 2022 | 1.08 Bn |
| Jun 30, 2022 | 1.10 Bn |
| Mar 31, 2022 | 1.09 Bn |
| Dec 31, 2021 | 1.15 Bn |
| Sep 30, 2021 | 1.06 Bn |
| Jun 30, 2021 | 1.04 Bn |