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PPG10-K: Inflation impact

Overhead cost inflation and unfavorable sales mix caused a 3.7% decrease in adjusted EPS.

What happened

Despite flat sales, adjusted EPS fell from $7.87 to $7.58, with management explicitly citing cost inflation as a key driver. This highlights a critical need to improve operational efficiency and control overhead to restore profitability and meet investor expectations.

Source

SEC EDGARFeb 19, 2026

Annual report (Form 10-K)

PPG 10-K for FY2025

Filing excerpt

Adjusted earnings per diluted share from continuing operations for the year ended December 31, 2025 decreased year over year due to the unfavorable impact of sales mix and overhead and other cost inflation.

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: Inflation impact

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

Percent
-3.7% (decrease in adjusted earnings per diluted share)

Details

CIK
79879
Accession number
0000079879-26-000046
Timeframe
Current year
Filing year
2026
Why it matters
Efficiency tools needed
Signal category
Operations

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
High
Relevance
80%
Sentiment
Negative
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
inflationImpact

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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
Show the full JSONThe record on this page and the API request

GET /v1/signals/2ea76903-0a65-4801-ab0e-e0f020c9d08e returns this record as JSON. POST /v1/companies/enrich returns every signal for ppg.com.

{
  "signal_id": "2ea76903-0a65-4801-ab0e-e0f020c9d08e",
  "signal_type": "sec-10k",
  "signal_subtype": "inflationImpact",
  "detected_at": "2026-02-24T09:28:49.089+00:00",
  "company": {
    "name": "PPG",
    "domain": "ppg.com"
  },
  "data": {
    "detail": "Despite flat sales, adjusted EPS fell from $7.87 to $7.58, with management explicitly citing cost inflation as a key driver. This highlights a critical need to improve operational efficiency and control overhead to restore profitability and meet investor expectations.",
    "metrics": {
      "pct": -3.7,
      "timeframe": "current_year",
      "pct_context": "decrease in adjusted earnings per diluted share"
    },
    "summary": "Overhead cost inflation and unfavorable sales mix caused a 3.7% decrease in adjusted EPS.",
    "excerpts": "Adjusted earnings per diluted share from continuing operations for the year ended December 31, 2025 decreased year over year due to the unfavorable impact of sales mix and overhead and other cost inflation.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "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": "Efficiency tools needed",
    "signal_category": "operations",
    "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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