How did international petrochemical companies perform in 2024? What were the highlights of their earnings reports?

DuPont In 2024, the company’s net sales amounted to $12.386 billion, up 3% year-on-year; operating EBITDA was $3.144 billion, up 7% year-on-year. Eastman In 2024, the company’s sales revenue was $9.382 billion, compared to $9.210 billion in 2023; EBIT was $1.278 billion, versus $1.302 billion in 2023; adjusted EBIT was $1.298 billion, versus $1.097 billion in 2023; cash flow from operating activities was $1.287 billion, versus $1.374 billion in 2023. ExxonMobil In 2024, the company’s profit totaled $33.68 billion, down 6.5% year-on-year. Honeywell In 2024, the company’s sales were $38.498 billion, up 5% year-on-year; organic sales growth was 3% (4% excluding the impact of the Bombardier agreement); operating income rose 5%, while operating margin remained unchanged; segment profit increased 1% (6% excluding the Bombardier agreement); segment margin contracted by 90 basis points (20 basis points excluding the Bombardier agreement); earnings per share (EPS) were $8.71, up 3% year-on-year; adjusted EPS rose 4% to $9.89. Kemira In 2024, the company’s operating revenue was €2.9487 billion, down 13% year-on-year; EBITDA was €550.7 million, up 2% year-on-year; EBIT was €363.2 million, up 8% year-on-year; cash flow from operating activities reached €484.6 million, versus €546 million in 2023; diluted EPS reached a record €7.67, up 25% year-on-year. LG Chem In 2024, the company’s operating profit was KRW 916.8 billion, down 63.75% year-on-year. Linde In 2024, the company’s sales were $33.0 billion, flat year-on-year, with underlying sales growth of 2%; operating profit was $8.6 billion; adjusted operating profit was $9.7 billion, up 7% year-on-year; adjusted operating profit margin was 29.5%, 190 basis points higher; diluted EPS was $13.62; adjusted diluted EPS was $15.51, up 9% year-on-year. LyondellBasell In 2024, the company’s net profit was $1.4 billion; adjusted net profit was $2.1 billion; EBITDA was $3.5 billion; adjusted EBITDA was $4.3 billion; cash flow from operating activities was $3.8 billion. 3M In 2024, the company’s sales were $24.6 billion, down 0.1% year-on-year; adjusted sales were $23.6 billion, up 1.3% year-on-year; operating margin was 19.6%; GAAP EPS was $7.26; adjusted EPS was $7.30, up 21% year-on-year; adjusted free cash flow was $4.9 billion. PPG In 2024, the company’s net sales from continuing operations were $15.8 billion; diluted EPS was $5.72; adjusted EPS was $7.87, up 6% year-on-year; operating margin was 17.1%; business segment EBITDA margin was 19.9%, up 70 basis points year-on-year; corporate net profit margin was 8.5%; adjusted EBITDA margin was 18.1%, up 100 basis points year-on-year; operating cash flow was $1.4 billion.

PPG’s full-year revenue remained flat at $15.9 billion last year, while net profit surged 17% to $1.6 billion.

For the full year 2025, the Group achieved an EBITDA of $2.631 billion, up 9.26% year-on-year. Operating profit was $1.587 billion, up 15.25% year-on-year. Net profit was $1.571 billion, up 17% year-on-year. Net profit margin expanded from 8.5% in the prior year to 9.9%. Adjusted net profit was $1.722 billion, down 7.0% year-on-year. Amid a challenging macroeconomic environment, the company achieved earnings per share (EPS) of $6.92 for the full year 2025, and adjusted EPS of $7.58, down 4% year-on-year. The EBITDA margin across business segments stood at 19%. These results reflect strong sales performance driven by our technologically leading products and powerful brands, and we achieved record results across multiple businesses—including aerospace coatings, protective & marine coatings, and packaging coatings. In 2025, we demonstrated strong adaptability amid a challenging macroeconomic environment: sales volume and selling prices both increased across all four quarters, resulting in 2% organic sales growth. We generated $1.9 billion in operating cash flow, with a free cash flow yield of 5%. During the year, we repurchased approximately $790 million worth of shares—about 3% of our outstanding shares. Including dividends, we returned $1.4 billion to shareholders in 2025. Factors affecting PPG’s Q4 2025 operating performance PPG’s net sales for Q4 2025 were $3.914 billion, up 5.0% year-on-year. Organic sales rose 3% year-on-year—the highest quarterly growth this year—driven by broad-based growth across all three business segments. Overall selling prices rose 1% year-on-year, partially offset by price declines under certain index-based customer contracts. Overall sales volume increased 2% year-on-year versus Q4 2024. Net sales also included a 4% benefit from foreign exchange translation and a 2% reduction due to divestitures. Sales growth was primarily driven by aerospace coatings, protective & marine coatings, and architectural coatings in Mexico; meanwhile, market share gains in the industrial coatings segment offset declines in automotive refinish coatings and architectural coatings in Europe and the Middle East. Net sales of automotive OEM coatings rose 6%, marking the second consecutive quarter of growth above industry averages; Q4 net sales and segment revenue in aerospace coatings both hit new highs. In Q4 2025, adjusted diluted EPS was $1.51, while reported diluted EPS was $1.34. PPG’s business segments collectively achieved an 18% operating margin, down 40 basis points year-on-year—mainly attributable to margin improvements in industrial coatings and global architectural coatings, partially offset by a decline in the high-performance coatings segment. Net profit was $302 million, up 15-fold year-on-year. Adjusted net profit was $341 million, down 9.0% year-on-year.

PPG Industries Declares Quarterly Dividend of $0.74

Oct 16, 2026

PPG Industries announced a quarterly dividend of $0.74 per share, payable on December 11th. The company maintains a 54-year history of dividend increases with a current yield of 2.7%.

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