PPG 3rd Quarter Earnings Report
PPG Third Quarter Net Sales
($ in millions)
+12%
$5,000
$4,500
4,372
$4,000
3Q'21
4
*
-3%
-6%
-1%
4,468
Price
Volume
Currency
Divestitures and
Russia wind down
3Q'22
PPG Y-O-Y Net Sales Trend
(excluding currency impacts)*
Selling Price Increase Progression
vs Last Inflation Cycle
-2 Year Stack*
Last Cycle Selling Price**
38.5%
20%
11.7%
0.8%
-3.7%
16.5%
12.3% 13.5% 12.1%
15%
8.2%
10%
5%
0%
3Q '20
4Q
1Q '21
2Q
3Q
4Q
1Q '22
2Q
3Q
Q1' 21
Q2' 21 Q3' 21 Q4' 21 Q1' 22 Q2' 22 Q3 '22
3Q22: Sales growth driven by selling price increases
Figures in the table may not recalculate due to rounding.
*
3Q22: two-year stack pricing of ~18%
2 Year Stack = Sum of 2021 and 2022 quarterly price increases versus prior year
**
=
Last Cycle Q1 2017 - Q4 2018
Q4'22View entire presentation