We Protect and Beautify the World®
At PPG, we work every day to develop the paints, coatings and specialty materials that our customers trust. For 140 years, we have been solving our customers’ biggest challenges through dedication, creativity and collaboration.
PPG is a global industry leader, with manufacturing facilities and affiliates supplying customers in construction, consumer products, industrial and transportation markets in more than 70 countries. Learn more at PPG.com.
2022 Financial Performance
$17.7B
reported net sales$6.05
adjusted earnings per diluted share from continuing operations$963MM
full-year operating cash flow8%
organic sales growth driven by higher selling pricesThe world and our industry faced great challenges in 2022, including unprecedented inflation, increases in the costs of materials, pandemic-related shutdowns in China, and a war in Europe. Each of these issues tested our business and required a rapid, strategic response from our people.
Thanks in large part to the resilience and flexibility of the global PPG team, we achieved record sales of $17.7 billion in 2022, up 5% from the previous year. This was driven by organic growth of 8% and timely integration of recent strategic acquisitions.
Our team's work throughout the year has enabled us to continue to reward our shareholders by extending our annual dividend payments, which have been awarded every year for 123 years. In 2022, we raised our annual per share dividend payout for the 51st successive year.
Learn more about our performance in our 2022 Annual Report >