PPG Industries (PPG) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter decreased compared with the same period last year but increased markedly from the immediately preceding quarter.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter decreased compared with the same period last year but increased markedly from the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.8B
Revenue reported for this quarter.
Quarter-over-quarter
+64.1%
Change from the immediately preceding quarter.
Year-over-year
-21.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $4.9B | +13.1% |
| Sep 30, 2023 | $4.6B | +3.9% |
| Dec 31, 2023 | $2.3B | +9.3% |
| Mar 31, 2024 | $3.8B | -21.0% |
Revenue performance
On a sequential basis, revenue rebounded strongly from the previous quarter's level.
Quarterly comparison
When compared with the same quarter one year earlier, revenue was lower, reflecting a year-over-year decline.
What to watch
Monitor if the sequential recovery can offset the annual decline.