Skip to main content
PPG10-K: Margin pressure

Segment margins declined 60 basis points due to project and volume declines.

What happened

PPG's aggregate segment margins fell by 0.6% YoY, driven by reduced spending on architectural coatings in Mexico and lower automotive refinish sales volumes. This profitability pressure makes the company receptive to solutions that improve manufacturing productivity, reduce costs, or optimize sales mix.

Source

SEC EDGARFeb 19, 2026

Annual report (Form 10-K)

PPG 10-K for FY2025

Filing excerpt

Aggregate segment margins were 60 basis points lower than the prior year, driven by a decline in industry project-related spending on architectural coatings in Mexico in the first half of 2025 and a decline in automotive refinish coatings sales volumes in the second half of the year.

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: Margin pressure

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

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

More 10-K signals at other companies

The full record

From the Signal API record

Numbers

Percent
-0.6% (basis point decline in aggregate segment margins (60 bps))

Details

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

Topics and mentions

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

Regions named

  • Mexico
  • Latin America

Extraction

Confidence
High
Relevance
85%
Sentiment
Negative
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
marginPressure

Use this data

Get every 10-K signal for PPG and the companies you sell to, in the tools you already use.

  1. Ask Claude about it

    Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at PPG this week?”

  2. Send it to your own tools

    The Signal API returns 10-K signals for any list of companies as JSON, for your CRM, warehouse or app.

  3. Try it free

    Sign up and spend your free credits on the companies you sell to.

    Start Free1,000 free credits

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/558ac40d-a33a-49f7-a274-c95b51ff8fed returns this record as JSON. POST /v1/companies/enrich returns every signal for ppg.com.

{
  "signal_id": "558ac40d-a33a-49f7-a274-c95b51ff8fed",
  "signal_type": "sec-10k",
  "signal_subtype": "marginPressure",
  "detected_at": "2026-02-24T09:28:49.089+00:00",
  "company": {
    "name": "PPG",
    "domain": "ppg.com"
  },
  "data": {
    "detail": "PPG's aggregate segment margins fell by 0.6% YoY, driven by reduced spending on architectural coatings in Mexico and lower automotive refinish sales volumes. This profitability pressure makes the company receptive to solutions that improve manufacturing productivity, reduce costs, or optimize sales mix.",
    "metrics": {
      "pct": -0.6,
      "timeframe": "current_year",
      "pct_context": "basis point decline in aggregate segment margins (60 bps)"
    },
    "summary": "Segment margins declined 60 basis points due to project and volume declines.",
    "excerpts": "Aggregate segment margins were 60 basis points lower than the prior year, driven by a decline in industry project-related spending on architectural coatings in Mexico in the first half of 2025 and a decline in automotive refinish coatings sales volumes in the second half of the year.",
    "relevance": 0.85,
    "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": "financial",
    "regions_mentioned": [
      "Mexico",
      "Latin America"
    ],
    "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"
    ]
  }
}

Long text fields are shortened on this page.

Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.