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Stocks/Materials/Specialty Chemicals

PPG IndustriesPPG

Specialty Chemicals · Pittsburgh, Pennsylvania · In the S&P 500
Solid businessCheaper than peers
$119.52−0.40%After hours: $119.52 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 20.6% over 1 year
PPG Industries over 1 yearDaily close, $, to 30 Oct 2026
$100Nov2026MarMayJulSep$119.52$100NovMarJul$119.52
Source: Nasdaq daily closes
Market value$26.40B
Price to earnings16.8x
Forward P/E14.7x
Dividend yield2.48%
Year to date+16.7%
One year+20.6%
Next earningsNot scheduled
SectorMaterials
52-week range (closes)
$94.34$131.56

Quality and valuation

How PPG Industries compares with other materials stocks. A description, not a recommendation.

PPG Industries and 5 specialty chemicals peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: cheaper than most

An average business among materials companies, priced below most of them.

PPG Industries trades at 14.7 times the next 12 months of expected earnings, against a median of 16.1x for the 28 materials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +6.4% vs +9.1%
  • Keeps more of each sale (gross margin): 40.9% vs 27.9%
  • Turns more of its sales into cash: 7.7% vs 7.6%
  • Keeps more of its revenue as profit (net margin): 9.4% vs 7.8%
PPG trades at 14.7x forward earnings, below the sector medianForward p/e, Specialty Chemicals peers
ALB9.2xLYB9.4xPPG14.7xSHW26.6xIFF27.2xECL35.5xSector median 16.1xALB9.2xLYB9.4xPPG14.7xSHW26.6xIFF27.2xECL35.5xSector median 16.1x
Source: CNBC quotes; Mostly Markets
At 17.1x earnings, PPG is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
15x20x25x30xAverage 20.5x2025202617.1x20x30xAverage 20.5x2025202617.1x
Source: Nasdaq prices; SEC filings

Financials

From PPG Industries's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 6.6% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$4.3bnQ3 ’26$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$4.3bnQ3 ’26
Source: SEC filings
Growth slowed to +6.6% last quarterRevenue growth, year on year, %
0%20%40%Q4 ’24Q2 ’25Q4 ’256.6%Q3 ’260%25%50%Q4 ’24Q2 ’25Q4 ’256.6%Q3 ’26
Source: SEC filings
Operating margin was 17.4% last quarterOperating income as a share of revenue, %
0%5%10%15%Q2 ’2517.4%Q3 ’260%10%Q2 ’2517.4%Q3 ’26
Source: SEC filings
Free cash flow was $1.3 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$250m$500mQ4 ’24Q2 ’25Q4 ’25$411mQ3 ’26$0m$500mQ4 ’24Q2 ’25Q4 ’25$411mQ3 ’26
Source: SEC filings
Last 12 monthsPPGSector median
Revenue growth+6.4%+9.1%
Gross margin40.9%27.9%
Free cash flow margin7.7%7.6%
Price to earnings16.8x19.9x

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Similar companies

Specialty Chemicals, by market value.

CompanyPriceTodayYTDValue
ECLEcolab$302.98+0.70%+15.4%$84.93B
SHWSherwin-Williams$332.61+0.76%+2.6%$80.36B
IFFInternational Flavors & Fragrances$93.02+2.43%+38.0%$23.73B
LYBLyondellBasell$68.64+5.00%+58.5%$22.17B
ALBAlbemarle$91.00−2.43%−35.7%$10.74B