PPG Industries [PPG] vs Air Products and [APD] Detailed Stock Comparison
TLDR: Quick Comparison Summary
Based on 21 vital metrics comparison: PPG Industries Inc. wins in 14 metrics, Air Products and Chemicals Inc. wins in 7 metrics, with 0 ties. PPG Industries Inc. appears stronger overall.
View Metrics Details
Vital Metrics Comparison
| Metric | PPG Industries Inc. | Air Products and Chemicals Inc. | Better |
|---|---|---|---|
| P/E Ratio (TTM) | 16.03 | 33.65 | PPG Industries Inc. |
| Price-to-Book Ratio | 3.12 | 4.39 | PPG Industries Inc. |
| Debt-to-Equity Ratio | 97.59 | 101.99 | PPG Industries Inc. |
| PEG Ratio | -0.08 | 3.45 | Air Products and Chemicals Inc. |
| EV/EBITDA | 11.55 | 102.61 | PPG Industries Inc. |
| Profit Margin (TTM) | 9.93% | -2.73% | PPG Industries Inc. |
| Operating Margin (TTM) | 11.11% | 24.28% | Air Products and Chemicals Inc. |
| EBITDA Margin (TTM) | 11.11% | 24.28% | Air Products and Chemicals Inc. |
| Return on Equity | 21.08% | -1.67% | PPG Industries Inc. |
| Return on Assets (TTM) | 6.39% | -1.11% | PPG Industries Inc. |
| Free Cash Flow (TTM) | $1.16B | $-3.77B | PPG Industries Inc. |
| Dividend Yield | 2.24% | 2.86% | Air Products and Chemicals Inc. |
| 1-Year Return | 1.97% | -0.10% | PPG Industries Inc. |
| Price-to-Sales Ratio (TTM) | 1.56 | 5.54 | PPG Industries Inc. |
| Enterprise Value | $30.63B | $87.20B | Air Products and Chemicals Inc. |
| EV/Revenue Ratio | 1.93 | 7.14 | PPG Industries Inc. |
| Gross Profit Margin (TTM) | 40.83% | 32.07% | PPG Industries Inc. |
| Revenue per Share (TTM) | $70 | $55 | PPG Industries Inc. |
| Earnings per Share (Diluted) | $6.92 | $-1.46 | PPG Industries Inc. |
| Beta (Stock Volatility) | 1.16 | 0.81 | Air Products and Chemicals Inc. |
| Short % of Float | 3.72% | 2.00% | Air Products and Chemicals Inc. |
PPG Industries Inc. vs Air Products and Chemicals Inc. Stock Performance Analysis
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Performance Comparison
Short-term Returns
| Stock | 1D | 1W | 1M | 3M | 6M | YTD |
|---|---|---|---|---|---|---|
| PPG Industries Inc. | -1.98% | 3.72% | 9.16% | -4.69% | 13.33% | 8.87% |
| Air Products and Chemicals Inc. | 1.07% | -3.56% | -6.39% | 1.03% | 8.77% | 11.51% |
Long-term Returns
| Stock | 1Y | 3Y | 5Y | 10Y | 15Y | 20Y |
|---|---|---|---|---|---|---|
| PPG Industries Inc. | 1.97% | -19.06% | -38.04% | 4.93% | 166.02% | 246.56% |
| Air Products and Chemicals Inc. | -0.10% | -0.86% | -8.58% | 110.25% | 236.05% | 353.63% |
Performance & Financial Health Analysis: PPG Industries Inc. vs Air Products and Chemicals Inc.
| Metric | PPG | APD |
|---|---|---|
| Market Information | ||
| Market Cap | $24.68B | $67.61B |
| Market Cap Category | Large cap | Large cap |
| 10 Day Avg. Volume | 2,274,649 | 937,817 |
| 90 Day Avg. Volume | 2,248,173 | 1,266,102 |
| Last Close | $111.39 | $282.27 |
| 52 Week Range | $93.39 - $133.43 | $229.11 - $307.96 |
| % from 52W High | -16.52% | -8.34% |
| All-Time High | $182.97 (Jun 07, 2021) | $341.14 (Feb 03, 2025) |
| % from All-Time High | -39.12% | -17.26% |
| Growth Metrics | ||
| Quarterly Revenue Growth | 0.05% | 0.06% |
| Quarterly Earnings Growth | 0.81% | 0.10% |
| Financial Health | ||
| Profit Margin (TTM) | 0.10% | -0.03% |
| Operating Margin (TTM) | 0.11% | 0.24% |
| Return on Equity (TTM) | 0.21% | -0.02% |
| Debt to Equity (MRQ) | 97.59 | 101.99 |
| Cash & Liquidity | ||
| Book Value per Share (MRQ) | $35.54 | $69.22 |
| Cash per Share (MRQ) | $9.93 | $4.64 |
| Operating Cash Flow (TTM) | $1.94B | $3.35B |
| Levered Free Cash Flow (TTM) | $538.88M | $-6,148,412,416 |
| Dividends | ||
| Last 12-Month Dividend Yield | 2.24% | 2.86% |
| Last 12-Month Dividend | $2.81 | $7.16 |
Valuation & Enterprise Metrics Analysis: PPG Industries Inc. vs Air Products and Chemicals Inc.
| Metric | PPG (Apr 24, 2026) | APD (Apr 24, 2026) |
|---|---|---|
| Price Ratios | ||
| P/E Ratio (TTM) | 16.03 | 33.65 |
| Forward P/E | 12.92 | 21.50 |
| PEG Ratio | -0.08 | 3.45 |
| Price to Sales (TTM) | 1.56 | 5.54 |
| Price to Book (MRQ) | 3.12 | 4.39 |
| Market Capitalization | ||
| Market Capitalization | $24.68B | $67.61B |
| Enterprise Value | $30.63B | $87.20B |
| Enterprise Value Metrics | ||
| Enterprise to Revenue | 1.93 | 7.14 |
| Enterprise to EBITDA | 11.55 | 102.61 |
| Risk & Other Metrics | ||
| Beta | 1.16 | 0.81 |
| Book Value per Share (MRQ) | $35.54 | $69.22 |
Financial Statements Comparison: PPG Industries Inc. vs Air Products and Chemicals Inc.
Financial Metrics
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Revenue
Operating Margin
Profit Margin
Long Term Debt
Income Flow Analysis
Financial Statements Comparison
Income Statement
| Metric | PPG (2025) | APD (2025) |
|---|---|---|
| Revenue/Sales | 15.88B | 12.04B |
| Cost of Goods Sold | 9.32B | 8.26B |
| COGS % of Revenue | 58.7% | 68.6% |
| Gross Profit | 6.56B | 3.78B |
| Gross Margin | 41.3% | 31.4% |
| Research & Development | 423.00M | 96.30M |
| Operating Income (EBIT) | 2.17B | 2.89B |
| Operating Margin | 13.7% | 24.0% |
| EBITDA | 2.81B | 5.10B |
| EBITDA Margin | 17.7% | 42.4% |
| Pre-Tax Income | 2.05B | -440.70M |
| Pre-Tax Income % of Revenue | 12.9% | -3.7% |
| Income Tax | 458.00M | -94.30M |
| Income Tax % of Revenue | 2.9% | -0.8% |
| Net Income (Profit) | 1.59B | -354.40M |
| Profit Margin | 10.0% | -2.9% |
Balance Sheet & Liquidity Metrics
| Metric | PPG (2025) | APD (2025) |
|---|---|---|
| Cash & Equivalents | 2.16B | 1.86B |
| Total Current Assets | 7.96B | 5.83B |
| Total Current Assets % of Revenue | 50.1% | 48.4% |
| Total Current Liabilities | 4.90B | 4.22B |
| Total Current Liabilities % of Revenue | 30.9% | 35.0% |
| Long-Term Debt | 7.05B | 17.56B |
| Long-Term Debt % of Revenue | 44.4% | 145.9% |
| Total Shareholders Equity | 8.10B | 17.35B |
| Retained Earnings | 22.94B | 17.56B |
| Retained Earnings % of Revenue | 144.5% | 145.9% |
| Property, Plant & Equipment | 2.07B | 944.00M |
Cash Flow Statement Comparison
| Metric | PPG (2025) | APD (2025) |
|---|---|---|
| Operating Cash Flow | 2.02B | 137.30M |
| Operating Cash Flow % of Revenue | 12.7% | 1.1% |
| Capital Expenditures | N/A | -7.02B |
| Free Cash Flow | 1.16B | -3.77B |
| FCF Margin | 7.3% | -31.3% |
| Debt Repayment | -1.04B | -429.90M |
| Common Stock Repurchase | -790.00M | N/A |
Short Interest & Institutional Ownership Analysis
| Metric | PPG | APD |
|---|---|---|
| Shares Short | 7.25M | 4.36M |
| Short Ratio | 3.01 | 3.04 |
| Short % of Float | 3.72% | 2.00% |
| Shares Outstanding | 223.43M | 222.66M |
| Float Shares | 222.98M | 222.30M |
| % Held by Insiders | 0.14% | 1.89% |
| % Held by Institutions | 91.57% | 93.98% |
| % Held by Public | 8.29% | 4.13% |
Dividend Analysis & Yield Comparison: PPG Industries Inc. vs Air Products and Chemicals Inc.
| Metric | PPG | APD |
|---|---|---|
| Last 12-Month Dividend | $2.81 | $7.16 |
| Last 12-Month Dividend Yield | 2.24% | 2.86% |
| 3-Year Avg Annual Dividend | $2.69 | $7.08 |
| 3-Year Avg Dividend Yield | 0.55% | 0.65% |
| 3-Year Total Dividends | $8.07 | $21.24 |
| Ex-Dividend Date | Feb 20, 2026 | Jan 02, 2026 |