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  3. PPG Industries Inc.
PPG Industries Inc. logo

PPG Industries Inc.

American coatings company and one of the world's largest, owning Glidden, Sikkens, Olympic, and leading automotive OEM and refinish coating brands serving industrial and consumer markets globally.

Company Type

public

Founded

1883

Headquarters

Pittsburgh, Pennsylvania, USA

Stock

NYSE: PPG

Revenue

$15.9B (FY2025)

Employees

~50,000

Primary Market

Global

science based targetssustainable packaginglow voc formulations

About PPG Industries Inc.

Who owns Glidden paint?
Glidden is owned by PPG Industries in the United States, where it is sold exclusively through Home Depot. In certain international markets, the Glidden brand is operated by other companies due to historical trademark licensing arrangements.

Is PPG Industries publicly traded?
Yes. PPG Industries trades on the New York Stock Exchange under ticker PPG. The company is a component of the S&P 500 index and a widely held industrial stock. As of early 2026, the aggregate market value of common stock held by non-affiliates was approximately $25.8 billion.

Who is PPG's CEO?
Tim Knavish serves as Chairman and Chief Executive Officer. He has been with PPG for over 35 years and was named CEO in March 2023. He added the Chairman title in 2024.

What were PPG's FY2025 financial results?
PPG reported FY2025 net sales of $15.9 billion, flat versus the prior year, with organic sales growth of 2%. Reported EPS was $6.92 (up 21%) and adjusted EPS was $7.58 (down 4%). The company generated $1.9 billion in operating cash flow and returned $1.4 billion to shareholders through dividends and share repurchases.

Who owns Sikkens automotive paint?
Sikkens is owned by PPG Industries. The Sikkens brand is used for PPG's premium automotive refinish products sold to professional body shop markets, particularly in Europe and internationally.

Does PPG make consumer paint?
Yes. PPG's consumer paint business centers on the Glidden brand sold through Home Depot and the Olympic stain brand sold through Lowe's. However, the majority of PPG's revenue comes from industrial, automotive, and protective coatings rather than architectural consumer paint.

What is PPG's 2026 outlook?
PPG expects FY2026 adjusted EPS in the range of $7.70 to $8.10, representing mid-single-digit percentage growth at the midpoint. Organic sales are expected to be in the range of flat to low single-digit percentage growth. EPS growth is expected to be weighted toward the second half of 2026.

How long has PPG been paying dividends?
PPG has paid uninterrupted annual dividends for 126 years and has increased dividends for 54 consecutive years. In FY2025, the company paid approximately $630 million in dividends and repurchased approximately $790 million in shares, returning $1.4 billion to shareholders in total.

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History of PPG Industries Inc.

PPG Industries was founded in 1883 as Pittsburgh Plate Glass Company by John B. Ford and John Pitcairn Jr. The company's original business was manufacturing plate glass for windows and mirrors, a technology-intensive product for which demand was growing rapidly with industrialization. Pittsburgh Plate Glass became one of the largest glass manufacturers in the United States through the late 19th and early 20th centuries.

The company entered the paint business in 1900 with the acquisition of the Milwaukee-based paint manufacturer Patton Paint. PPG's paint business expanded steadily through the 20th century as the company recognized the synergies between glass, coatings, and chemicals.

The company was renamed PPG Industries in 1968 to reflect its diversification beyond glass. PPG exited the glass business entirely between 1999 and 2008, selling its glass operations to focus exclusively on coatings and specialty products. The transformation from a glass company to a coatings specialist is one of the more successful corporate portfolio repositioning stories in American manufacturing.

PPG acquired the Dutch paint company Sigma Coatings in 2000, the US coatings businesses of Akzo Nobel in 2008, and multiple other regional coatings businesses to build its current global footprint. In 2024, PPG completed the divestiture of its silicas business, further sharpening its focus on coatings.

In 2025, PPG delivered organic sales growth of 2%, above global industrial production growth, driven by sales volume growth in aerospace coatings, protective and marine coatings, and traffic solutions, as well as share gains in automotive OEM coatings, industrial coatings, and packaging coatings. The company expects stronger performance in the second half of 2026, with EPS growth weighted toward the back half of the year.

PPG Industries Inc. Sustainability & Ethics

PPG has set 2030 sustainability targets and reports progress annually. Key metrics from FY2025 include:

  • 43% of sales from sustainably advantaged products, enabling customers to reduce their environmental impact
  • 28% reduction in water intensity at priority sites in water-scarce communities
  • 100% of key suppliers assessed to sustainability and social responsibility criteria
  • $18.1 million in PPG and PPG Foundation global giving
  • $9.8 million invested in education globally
  • 43 Colorful Communities projects completed in 23 countries
  • 29,000 volunteer hours worldwide

PPG has received an AAA rating from MSCI ESG for two consecutive years (2024 and 2025), the highest available rating. The company has been included in the FTSE4Good Index Series for seven consecutive years. PPG is listed on Barron's 100 Most Sustainable Companies (ranked #62 in 2025), the Corporate Knights Clean 200, and Newsweek's World's Greenest Companies 2025.

The company's 2030 sustainability targets include reductions in greenhouse gas emissions across operations and the value chain, growth in sales of sustainably advantaged products, and investments in innovation and community programs.

Awards & Recognition

PPG received multiple awards and recognitions in 2025 and 2026:

  • AAA MSCI ESG rating (second consecutive year, 2024 and 2025)
  • FTSE4Good Index Series (seventh consecutive year)
  • Barron's 100 Most Sustainable US Companies 2025 (#62, only paints and coatings company)
  • Newsweek World's Greenest Companies 2025
  • Newsweek America's Most Responsible Companies 2025
  • Newsweek America's Greatest Companies 2025
  • Newsweek America's Most Trustworthy Companies 2025
  • Wall Street Journal Best Managed Companies 2025
  • Gallup Exceptional Workplace Award 2026 (fourth consecutive year)
  • Stellantis 2025 Supplier of the Year
  • JEC Innovation Award for sustainable fiber composite
  • Best Places to Work in IT 2026 by Foundry's Computerworld
  • Financial Times Europe's Best Employers 2025
  • PPG Board of Directors ranked top ten among 650 US corporations by JamesDruryPartners

Controversy, Regulation & Public Scrutiny

PPG Industries has faced environmental and regulatory challenges related to its historical manufacturing operations and chemical use.

Circleville, Ohio 1,4-Dioxane Contamination: PPG has operated a manufacturing facility in Circleville, Ohio, for decades. Beneath the facility sits a plume of 1,4-dioxane, a synthetic industrial chemical that the EPA classifies as a probable human carcinogen. The plume has been monitored since 1998. As of November 2025, the center of the plume measured 170 micrograms per liter, which is 37 times the Ohio EPA cleanup standard of 4.6 micrograms per liter. PPG operates recovery wells that pump contaminated groundwater and discharge treated water into the Scioto River under a National Pollutant Discharge Elimination System permit. Monthly discharge sampling data show 1,4-dioxane concentrations ranging from 8.0 to 12.0 micrograms per liter from June through November 2025. In May 2026, the Ohio EPA issued formal written comments identifying five problems with PPG's risk assessment protocol, including use of incorrect toxicity databases and inappropriate exposure modeling periods. When PPG took its recovery wells offline for a pilot study between February 2023 and May 2024, 1,4-dioxane concentrations in nearby drinking water wells immediately increased above the cleanup standard, and PPG had to restart the recovery wells.

Trichloroethylene (TCE) Workplace Exposure Litigation: PPG Industries and two labor unions reached an agreement on a proposed workplace exposure limit for trichloroethylene, a solvent used in coatings manufacturing. PPG and the unions petitioned the EPA to relax the workplace exposure limit set in a 2024 TCE regulation. In December 2025, the EPA filed a letter with the US Court of Appeals for the Third Circuit arguing that the court lacks authority to approve the agreement and that the proposed limit may not be protective enough. The EPA requested an opportunity to brief the court on whether it has legal authority to set the workplace limit proposed by PPG and the unions.

Armstrong County, Pennsylvania Waste Site: PPG used a site in Armstrong County, Pennsylvania, from approximately 1953 to 1970 to dispose of glass polishing slurry waste and solid waste from its glass manufacturing plant in Ford City. The waste created environmental risks including high-pH leachate containing dissolved metals and silica, and soil contamination with lead and arsenic. In 2012, PennEnvironment and Sierra Club sued PPG under the Clean Water Act, Resource Conservation and Recovery Act, and Pennsylvania Clean Streams Law. PPG negotiated a consent order with the Pennsylvania Department of Environmental Protection in 2019. In March 2025, the Pennsylvania Commonwealth Court affirmed that a letter of credit provided by PPG was sufficient financial assurance for environmental cleanup costs, rejecting PennEnvironment's argument that the financial assurance was insufficient to fund costs in perpetuity.

Brands Owned by PPG Industries Inc.

PPG Industries Inc. owns 0 brands in our database. Explore the ownership tree below — click categories to expand and see individual brands.

PPG Industries Inc. has no brands in our database yet.

Stock Information

PPG Industries Inc. Ownership: Pros & Cons

Advantages

  • +Global leader in automotive OEM coatings with durable, decades-long relationships with major vehicle manufacturers
  • +Broad geographic diversification across 70+ countries reduces regional economic cycle exposure
  • +126 years of uninterrupted dividends and 54 consecutive years of dividend increases, a record that attracts income-focused institutional investors
  • +$1.9 billion in operating cash flow (FY2025) provides financial flexibility for investment and shareholder returns
  • +43% of sales from sustainably advantaged products positions PPG for growing customer demand for environmentally friendly coatings
  • +Strong sustainability ratings (AAA MSCI, FTSE4Good seven years) support ESG-focused investment flows
  • +R&D investment of $446 million (2.8% of sales) drives product innovation across segments

Considerations

  • -Automotive OEM business is cyclical, exposed to vehicle production volumes that fluctuate with economic conditions
  • -Consumer architectural paint business faces stronger branded competition from Sherwin-Williams in the US
  • -Environmental liabilities from historical glass manufacturing operations require ongoing remediation and financial assurance
  • -Raw material costs (titanium dioxide, resins, solvents) subject to commodity price pressure and tariff impacts
  • -1,4-dioxane contamination in Circleville, Ohio remains unresolved after 27 years of monitoring, with plume levels 37 times the cleanup standard
  • -Competitive pressure from Sherwin-Williams and AkzoNobel across multiple segments simultaneously
  • -FY2025 adjusted EPS declined 4% year over year despite organic sales growth, reflecting margin pressure

Frequently Asked Questions About PPG Industries Inc.

Who owns Glidden paint?

Glidden is owned by PPG Industries in the United States, where it is sold exclusively through Home Depot. In certain international markets, the Glidden brand is operated by other companies due to historical trademark licensing arrangements.

Is PPG Industries publicly traded?

Yes. PPG Industries trades on the New York Stock Exchange under ticker PPG. The company is a component of the S&P 500 index and a widely held industrial stock. As of early 2026, the aggregate market value of common stock held by non-affiliates was approximately $25.8 billion.

Who is PPG's CEO?

Tim Knavish serves as Chairman and Chief Executive Officer. He has been with PPG for over 35 years and was named CEO in March 2023. He added the Chairman title in 2024.

What were PPG's FY2025 financial results?

PPG reported FY2025 net sales of $15.9 billion, flat versus the prior year, with organic sales growth of 2%. Reported EPS was $6.92 (up 21%) and adjusted EPS was $7.58 (down 4%). The company generated $1.9 billion in operating cash flow and returned $1.4 billion to shareholders through dividends and share repurchases.

Who owns Sikkens automotive paint?

Sikkens is owned by PPG Industries. The Sikkens brand is used for PPG's premium automotive refinish products sold to professional body shop markets, particularly in Europe and internationally.

Does PPG make consumer paint?

Yes. PPG's consumer paint business centers on the Glidden brand sold through Home Depot and the Olympic stain brand sold through Lowe's. However, the majority of PPG's revenue comes from industrial, automotive, and protective coatings rather than architectural consumer paint.

What is PPG's 2026 outlook?

PPG expects FY2026 adjusted EPS in the range of $7.70 to $8.10, representing mid-single-digit percentage growth at the midpoint. Organic sales are expected to be in the range of flat to low single-digit percentage growth. EPS growth is expected to be weighted toward the second half of 2026.

How long has PPG been paying dividends?

PPG has paid uninterrupted annual dividends for 126 years and has increased dividends for 54 consecutive years. In FY2025, the company paid approximately $630 million in dividends and repurchased approximately $790 million in shares, returning $1.4 billion to shareholders in total.

Sources & Further Reading

  • PPG Investor Relations: FY2025 Financial Results
  • PPG 2025 Annual Report and Form 10-K
  • PPG 2025 Sustainability Report
  • PPG: AAA MSCI ESG Rating
  • PPG: FTSE4Good Recognition
  • Bloomberg Law: PPG TCE Workplace Exposure Litigation
  • Columbus Free Press: PPG 1,4-Dioxane Contamination
  • Justia: PennEnvironment v. DEP & PPG Industries
  • SEC EDGAR: PPG Industries (PPG)
  • Wikidata: PPG Industries

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Last reviewed: August 7, 2026 · Reviewed by Who Brands Editorial Team