Alcoa Corporation (AA) vs PPG Industries, Inc. (PPG)

AA leads on 10 of 17 compared metrics.

A side-by-side comparison of Alcoa Corporation and PPG Industries, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 19, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — AA vs PPG

growth of $100 · last 30y
AA +77.7%PPG +375.3%PPG compounded faster
0200400600Start $100200120062011201620212026$178$475
AA PPG

AA vs PPG: by the numbers

  • PPG is the larger company ($26.35B vs $15.66B market cap).
  • AA trades at the lower earnings multiple (14.87 vs 16.87 P/E).
  • PPG converts more revenue to profit (9.83% vs 8.17% net margin).
  • AA grew revenue faster over the past five years (5.08% vs 2.37% CAGR).
  • PPG pays the higher dividend yield (2.40% vs 0.67%).

Which is better, AA or PPG?

Metric tally: AA 10 · PPG 7

It depends on what you're optimizing for:

ValueAA(lower P/E)
GrowthAA(faster 5Y revenue CAGR)
IncomePPG(higher dividend yield)
QualityPPG(higher ROIC)

Metrics side by side

Valuation

MetricAAPPG
P/E ratio14.8716.87
Forward P/E7.6315.02
P/S ratio1.251.65
P/B ratio2.313.27
PEG ratio0.010.32
EV / EBITDA10.0611.49
FCF yield1.82%4.62%

Profitability

MetricAAPPG
Gross margin15.20%40.56%
Operating margin3.82%12.80%
Net margin8.17%9.83%
ROE15.15%19.56%
ROIC6.12%43.13%

Dividends

MetricAAPPG
Dividend yield0.67%2.40%
Payout ratio8.95%40.80%

Growth (annualized)

MetricAAPPG
Revenue CAGR (5Y)5.08%2.37%
EPS CAGR (5Y)20.38%9.26%
FCF CAGR (5Y)13.41%-8.56%
Total return CAGR (5Y)14.19%-4.84%

Frequently asked

Which is better, AA or PPG?
It depends on your goal. value: AA (lower P/E); growth: AA (faster 5Y revenue CAGR); income: PPG (higher dividend yield); quality: PPG (higher ROIC). Across all compared metrics, AA leads 10 to 7.
Is AA or PPG cheaper?
On trailing earnings, AA is cheaper: AA trades at a 14.87 P/E and PPG at 16.87.
Which has grown faster, AA or PPG?
Over the past five years, AA grew revenue faster — AA at a 5.08% CAGR versus PPG at 2.37%.
Does AA or PPG pay a bigger dividend?
AA yields 0.67% and PPG yields 2.40% based on trailing dividends and the latest price.
Is AA or PPG more profitable?
PPG runs the higher net margin — AA at 8.17% versus PPG at 9.83%.
Which has been the better investment, AA or PPG?
Over the past 10-year, AA delivered the higher annualized total return — AA at 11.27% versus PPG at 2.80%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 19, 2026.