PPG Industries, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.75B | $14.27B | $14.24B | $14.79B | $15.11B | $13.51B | $13.15B | $13.42B |
| Cost of Revenue | $8.21B | — | — | — | — | — | — | — |
| Gross Profit | $6.54B | — | — | — | — | — | — | — |
| Gross Margin | 44.3% | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $472.0M | $473.0M | $484.0M | $499.0M | $479.0M | $444.0M | $443.0M | $408.0M |
| SG&A Expense | $3.55B | $3.56B | $3.58B | $3.70B | $3.49B | $2.99B | $3.12B | $2.98B |
| Operating Income | $2.29B | $2.38B | $2.29B | $2.19B | $1.92B | $1.63B | $1.66B | $1.72B |
| Operating Margin | 15.5% | 16.7% | 16.1% | 14.8% | 12.7% | 12.1% | 12.6% | 12.8% |
| Interest Expense | $105.0M | $125.0M | $125.0M | $187.0M | $196.0M | $210.0M | $210.0M | $189.0M |
| Pretax Income | $2.01B | $779.0M | $1.75B | $1.35B | $1.23B | $828.0M | $1.22B | $1.30B |
| Income Tax Expense | $615.0M | $214.0M | $413.0M | $237.0M | $253.0M | $148.0M | $260.0M | $415.0M |
| Net Income | $1.59B | $873.0M | $1.41B | $2.10B | $3.23B | $941.0M | $1.10B | $769.0M |
| Net Margin | 10.8% | 6.1% | 9.9% | 14.2% | 21.4% | 7.0% | 8.3% | 5.7% |
| EPS (Basic) | $6.22 | $3.29 | $5.18 | $7.60 | $11.27 | $6.13 | $6.96 | $4.67 |
| EPS (Diluted) | $6.18 | $3.27 | $5.14 | $7.52 | $11.13 | $6.06 | $6.87 | $4.63 |
| Shares Outstanding (Basic) | 256.1M | 265.6M | 271.4M | 276.6M | 286.8M | 153.4M | 157.3M | 164.5M |
| Shares Outstanding (Diluted) | 257.8M | 267.4M | 273.6M | 279.6M | 290.2M | 155.1M | 159.3M | 165.9M |
| Dividends Per Share | $1.70 | $1.56 | $1.41 | $1.31 | $1.21 | $2.34 | $2.26 | $2.18 |