# PPG Q3 2026 Earnings Beat

> PPG reports record Q3 earnings with 7% sales growth and 24% architectural margins.
- Title: PPG Q3 2026 Earnings Beat · The Motley Fool | Shortify
- Summary: PPG reports record Q3 earnings with 7% sales growth and 24% architectural margins. PPG achieved record adjusted EPS of $2.25 with 7% year-over-year sales…
- Keywords: ppg, earnings, 2026, architectural, ebitda, margin, sales, growth, aerospace, finance, money, Beat
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/10/28/ppg-ppg-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-10-28T16:40:36+00:00
- Read time: 1 min
- Topics: ppg, earnings, q3, 2026, architectural, ebitda, margin, sales, growth, aerospace, finance, money
## Q3 Results
Net sales increased 7% year over year to $4,353 million.
## Record EPS
Adjusted EPS reached $2.25, a 6% increase from prior year.
## Organic Growth
Organic sales grew 5% year over year for seventh consecutive quarter.
## Aerospace Performance
Aerospace revenue exceeded $2 billion annually for first time.
## Architectural Segment
Global architectural segment sales reached $1,055 million with 4% growth.
## Margin Expansion
Architectural EBITDA margin expanded 300 basis points to 24.0%.
## Performance Coatings
Performance coatings sales grew 10% year over year with 8% organic growth.
## Industrial Coatings
Industrial coatings sales increased 5% with 14.4% EBITDA margin.
## Share Repurchases
Company repurchased $150 million of shares during the quarter.
## Net Debt
Net debt decreased to $5.2 billion from previous quarter.
## Fourth Quarter Outlook
Expected organic sales growth of low-single-digit percentage year over year.
## Productivity Targets
$100 million target for productivity and restructuring in 2026 and 2027.
## Mexico Peso Benefit
Mexico peso benefit of $15 million to $20 million for margin strength.
## U.S. Collision Claims
U.S. collision claims improved from 6% decline to 4% decline.
## Net Leverage
Net leverage at 1.8x net debt to adjusted EBITDA.
## Data Center Sales
Data center sales tripled since 2025 with increased demand.
## Key takeaway

PPG achieved record adjusted EPS of $2.25 with 7% year-over-year sales growth and 24% architectural EBITDA margin.