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PPG10-K: Legacy modernization

Depreciation increased 11.9% ($43M) in 2025, driven by accelerated depreciation expense.

Read at SEC EDGAR

What happened

The significant 11.9% year-over-year increase in depreciation was primarily caused by accelerated depreciation. This suggests assets may be aging out or being retired and replaced ahead of schedule, potentially signaling underlying legacy system modernization or equipment replacement initiatives.

Source

SEC EDGARFeb 19, 2026

Annual report (Form 10-K)

PPG 10-K for FY2025

Filing excerpt

Depreciation increased $43 million primarily due to: ● Accelerated depreciation expense

sec.gov/Archives/edgar/data/79879/000007987926000046/ppg-20251231.htmRead the full source

Other signals in this filing (10)

Extracted by Autobound

From the Signal API record
Signal
10-K: Legacy modernization

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 19, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$43M (increase in depreciation expense)
Percent
11.9% (increase in depreciation expense)

Details

CIK
79879
Accession number
0000079879-26-000046
Timeframe
Current year
Filing year
2026
Why it matters
Modernization projects
Signal category
Technology

Topics and mentions

Vendors

  • Asian Paints Ltd.

Competitors

  • Akzo Nobel N.V.
  • Hempel A/S
  • Nippon Paint
  • the Jotun Group
  • The Sherwin-Williams Company
  • Axalta Coating Systems Ltd.
  • BASF Corporation
  • Kansai Paints

Extraction

Confidence
Medium
Relevance
70%
Sentiment
Neutral
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
legacyModernization

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
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Show the full JSONThe record on this page and the API request

GET /v1/signals/39243675-358e-4a40-9b2d-a322e577c291 returns this record as JSON. POST /v1/companies/enrich returns every signal for ppg.com.

{
  "signal_id": "39243675-358e-4a40-9b2d-a322e577c291",
  "signal_type": "sec-10k",
  "signal_subtype": "legacyModernization",
  "detected_at": "2026-02-24T09:28:49.089+00:00",
  "company": {
    "name": "PPG",
    "domain": "ppg.com"
  },
  "data": {
    "detail": "The significant 11.9% year-over-year increase in depreciation was primarily caused by accelerated depreciation. This suggests assets may be aging out or being retired and replaced ahead of schedule, potentially signaling underlying legacy system modernization or equipment replacement initiatives.",
    "metrics": {
      "pct": 11.9,
      "timeframe": "current_year",
      "pct_context": "increase in depreciation expense",
      "dollar_context": "increase in depreciation expense",
      "dollar_millions": 43
    },
    "summary": "Depreciation increased 11.9% ($43M) in 2025, driven by accelerated depreciation expense.",
    "excerpts": "Depreciation increased $43 million primarily due to: ● Accelerated depreciation expense",
    "relevance": 0.7,
    "sentiment": "neutral",
    "confidence": "medium",
    "source_url": "https://www.sec.gov/Archives/edgar/data/79879/000007987926000046/ppg-20251231.htm",
    "filing_date": "2026-02-19",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Modernization projects",
    "signal_category": "technology",
    "vendors_mentioned": [
      "Asian Paints Ltd."
    ],
    "competitors_mentioned": [
      "Akzo Nobel N.V.",
      "Hempel A/S",
      "Nippon Paint",
      "the Jotun Group",
      "The Sherwin-Williams Company",
      "Axalta Coating Systems Ltd.",
      "BASF Corporation",
      "Kansai Paints"
    ]
  }
}

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