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).
Total return — AA vs PPG
growth of $100 · last 30yAA +77.7%PPG +375.3%PPG compounded faster
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 7It 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
| Metric | AA | PPG |
|---|---|---|
| P/E ratio | 14.87● | 16.87 |
| Forward P/E | 7.63● | 15.02 |
| P/S ratio | 1.25● | 1.65 |
| P/B ratio | 2.31● | 3.27 |
| PEG ratio | 0.01● | 0.32 |
| EV / EBITDA | 10.06● | 11.49 |
| FCF yield | 1.82% | 4.62%● |
Profitability
| Metric | AA | PPG |
|---|---|---|
| Gross margin | 15.20% | 40.56%● |
| Operating margin | 3.82% | 12.80%● |
| Net margin | 8.17% | 9.83%● |
| ROE | 15.15% | 19.56%● |
| ROIC | 6.12% | 43.13%● |
Dividends
| Metric | AA | PPG |
|---|---|---|
| Dividend yield | 0.67% | 2.40%● |
| Payout ratio | 8.95% | 40.80% |
Growth (annualized)
| Metric | AA | PPG |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Alcoa P/E ratioPPG Industries P/E ratioAlcoa dividend yieldPPG Industries dividend yieldAlcoa ROEPPG Industries ROEAlcoa operating marginPPG Industries operating marginAlcoa revenue growthPPG Industries revenue growthAlcoa free cash flowPPG Industries free cash flow
Alcoa & PPG Industries appear in these rankings
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.