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PPGPPG Industries

Materials · Paints & Coatings · NYSE

PPG Industries, Inc. manufactures and distributes a broad range of paints, coatings and specialty products. 10-K, Item 1

Employees
43,500
Headquarters
Pittsburgh, PA
Next results
around Jan 26, 2027
Compare with peers → Embed
RevenueFY2016–25 $15.9B+0.2% FY2024: $15.8B 10-K FY2025 · XBRL Net incomeFY2016–25 $1.6B+41.2% FY2024: $1.1B 10-K FY2025 · XBRL Free cash flowFY2016–25 $1.2B+66.4% FY2024: $699.0M 10-K FY2025 · XBRL

What changed

10-K filed Feb 19, 2026 against Feb 20, 2025
AreaWhat changedSource
Risk factors4 new paragraphs, nothing like them in the previous 10-K10-K Item 1A
Receivables growing faster than revenueReceivables +12.4% vs revenue +0.2% (+12.2 pts)10-K · XBRL
Critical audit matters changedNew this year: Annual Goodwill Impairment Test - Architectural Coatings Europe, Middle East and Africa Reporting Unit (“As described in Notes 1 and 6 to the consolidated financial statements, the Company’s consolidated goodwill balance was $6,149 million as of December 31, 2025, a portion of which relates to the goodwill for the Architectural Coatings Europe, Middle East and Africa (EMEA) reporting unit. Management t”). No longer listed: Loss from Discontinued Operations, Net of Tax Associated with the Sale of the U.S. and Canada Architectural Coatings Business10-K · XBRL
Accounting checks9 other checks clear, 2 worth a look10-K · XBRL
Insiders2 open-market buys in the last 90 daysForm 4
Filings2 in the last 30 daysEDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Feb 19, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-20. Quoted as filed.

  1. Numerous and evolving information security threats, including advanced persistent threats and ransomware, pose a risk to the security of our systems, networks and services, as well as to the confidentiality, availability and integrity of our data and of our critical business operations. The techniques, tools and tactics used in…
    10-K, Item 1A
All 4 new paragraphs →

Accounting checks

latest 10-K

9 of 11 clear 2 worth a look. Checks, not verdicts.

  • !
    Receivables growing faster than revenueReceivables +12.4% vs revenue +0.2% (+12.2 pts)
  • !
    Critical audit matters changedNew this year: Annual Goodwill Impairment Test - Architectural Coatings Europe, Middle East and Africa Reporting Unit (“As described in Notes 1 and 6 to the consolidated financial statements, the Company’s consolidated goodwill balance was $6,149 million as of December 31, 2025, a portion of which relates to the goodwill for the Architectural Coatings Europe, Middle East and Africa (EMEA) reporting unit. Management t”). No longer listed: Loss from Discontinued Operations, Net of Tax Associated with the Sale of the U.S. and Canada Architectural Coatings Business
  • ✓
    Cash from operations $1.9B vs net income $1.6B (FY ending 2025-12-31)
  • ✓
    Inventory +8.1% vs revenue +0.2% (+7.9 pts)
  • ✓
    Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
  • ✓
    No statement of substantial doubt about going concern
  • ✓
    No 8-K item 4.02 in the last 2 years
  • ✓
    No NT 10-K or NT 10-Q in the last 2 years
  • ✓
    No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • ✓
    No 8-K item 2.06 in the last 2 years
  • ✓
    No 8-K item 1.03 in the last 2 years
How each check works, with sources →

In the last 30 days

All filings →

Work on PPG in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/PPG/export.csv") into a cell.