Top 20 Global Chemical Companies by Revenue in 2025

Mitsubishi Chemical Group announced its financial results for the first nine months ended December 31, 2025. Revenue totaled ¥2,737.26 billion (approximately $1.72 billion), down 8.2% year-on-year from ¥2,982.71 billion. Operating profit amounted to ¥113.32 billion, down 22.2% year-on-year from ¥145.66 billion. Net income attributable to owners of parent was ¥105.43 billion, up 77.6% year-on-year from ¥59.37 billion. Asahi Kasei Corporation announced its financial results for the first nine months ended December 31, 2025. Net sales totaled ¥2,261.26 billion (approximately $1.42 billion), virtually unchanged from ¥2,259.25 billion a year earlier. Operating profit was ¥173.95 billion, up from ¥163.78 billion year-on-year. Net income attributable to owners of parent was ¥120.61 billion, up from ¥98.32 billion year-on-year. Dongfang Shenghong released its 2025 annual report. Full-year revenue reached RMB 125.587 billion (approximately $18.4 billion), down 8.78% year-on-year; net income attributable to shareholders of the listed company was RMB 134 million, compared to a loss of RMB 2.297 billion in the prior year; net loss attributable to shareholders of the listed company, excluding non-recurring gains and losses, was RMB 543 million. Hengyi Petrochemical released its 2025 annual report. In 2025, the company achieved revenue of RMB 113.527 billion (approximately $16.6 billion), down 9.51% year-on-year; net income attributable to shareholders of the listed company was RMB 258 million, up 10.43% year-on-year; net income excluding non-recurring gains and losses was RMB 141 million, up 596.59% year-on-year. In Q4 alone, revenue was RMB 29.642 billion, net income attributable to shareholders was RMB 27 million, and net income excluding non-recurring gains and losses was RMB 62 million. Shin-Etsu Chemical Co., Ltd. announced its financial results for the first nine months ended December 31, 2025. Net sales totaled ¥1,934.0 billion (approximately $12.1 billion), up 0.2% year-on-year from ¥1,929.70 billion. Operating profit was ¥498.03 billion, down 14.8% year-on-year from ¥584.44 billion. Net income attributable to owners of parent was ¥384.32 billion, down 11.1% year-on-year from ¥432.54 billion. Toray Industries, Inc. announced its financial results for the first nine months ended December 31, 2025. Revenue totaled ¥1,919.49 billion (approximately $12.1 billion), down 0.2% year-on-year from ¥1,923.90 billion. Operating profit was ¥71.04 billion, down 31.6% year-on-year from ¥103.82 billion. Net income attributable to owners of parent was ¥40.16 billion, down 46.6% year-on-year from ¥75.18 billion. LG Chem announced its Q4 and full-year 2026 financial results.

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

Sales volume increased by 1% year-on-year, driven primarily by strong growth in the high-performance coatings segment—including aerospace, protective, marine, and transportation solutions—while market share gains in the industrial coatings segment (across automotive OEM, general industrial, and packaging coatings) were partially offset by declines in automotive refinish and global architectural coatings. PPG Industries’ full-year 2025 operating performance across its three business segments: In 2025, the company reported EBITDA of $2.631 billion, up 9.26% year-on-year; operating profit of $1.587 billion, up 15.25% year-on-year; and net income of $1.571 billion, up 17% year-on-year. Net profit margin rose from 8.5% in the prior year to 9.9%. Adjusted net income was $1.722 billion, down 7.0% year-on-year. Amid a challenging macroeconomic environment, the company achieved full-year earnings per share (EPS) of $6.92, and adjusted EPS of $7.58—a 4% decline year-on-year. EBITDA margins across all business segments stood at 19%. These results reflect robust sales performance driven by technologically advanced products and strong brands, with record achievements across multiple businesses—including aerospace, protective & marine coatings, and packaging coatings. In 2025, the company demonstrated strong adaptability amid macroeconomic headwinds: sales volume and pricing increased across all four quarters, delivering 2% organic sales growth. It generated $1.9 billion in operating cash flow, with a free cash flow yield of 5%. During the year, the company repurchased approximately $790 million worth of shares—about 3% of its outstanding shares—and returned $1.4 billion to shareholders through share repurchases and dividends combined. PPG Industries’ Q4 2025 factors impacting operating performance: PPG’s Q4 2025 net sales totaled $3.914 billion, up 5.0% year-on-year. Organic sales rose 3%—the highest quarterly growth this year—driven by broad-based growth across all three business segments. Overall selling prices rose 1% year-on-year, though part of this gain was offset by price reductions under certain index-based customer contracts. Overall sales volume increased 2% year-on-year. 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, protective & marine coatings, and architectural coatings in Mexico, alongside market share gains in industrial coatings—offsetting declines in automotive refinish and architectural coatings in Europe and the Middle East. Automotive OEM coatings net sales rose 6%, marking the second consecutive quarter of growth exceeding industry averages; Q4 net sales and segment revenue in aerospace coatings both reached new highs. In Q4 2025, adjusted diluted EPS was $1.51, while reported diluted EPS was $1.34.

PPG Industries Inc. Jumps 11% After Earnings Beat and Outlook Raise

4 days ago

PPG Industries Inc. stock surged 11% following better-than-expected quarterly earnings of $2.25 per share and an increased full-year profit outlook range of $7.90-$8.10.

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