CF Industries Holdings, Inc. (CF) vs PPG Industries, Inc. (PPG)

A side-by-side comparison of CF Industries Holdings, Inc. and PPG Industries, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnCF vs PPG

growth of $100 · dividends reinvested · last 10y
CF +601.7% (+21.5%/yr)PPG +32.5% (+2.9%/yr)CF compounded faster over this window
Log scale — wide-divergence pair
101001kStart $10020182020202220242026$702$132
CF PPG

CF vs PPG: by the numbers

  • PPG is the larger company ($25.26B vs $19.92B market cap).
  • CF trades at the lower trailing earnings multiple (9.61 vs 16.28 P/E), one valuation lens rather than an overall verdict.
  • CF converts more revenue to profit (27.12% vs 9.57% net margin).
  • CF grew revenue faster over the past five years (11.04% vs 0.93% CAGR).
  • PPG pays the higher dividend yield (2.53% vs 1.54%).

Metrics side by side

Valuation

MetricCFPPG
P/E ratio9.6116.28
Forward P/E8.4814.37
P/S ratio2.581.55
P/B ratio3.473.01
EV / EBITDA5.4912.13
FCF yield9.58%5.53%

Profitability

MetricCFPPG
Gross margin42.54%40.09%
Operating margin38.12%12.48%
Net margin27.12%9.57%
ROE36.52%18.62%
ROIC16.58%8.84%

Dividends

MetricCFPPG
Dividend yield1.54%2.53%
Payout ratio22.27%41.24%

Growth (annualized)

MetricCFPPG
Revenue CAGR (5Y)11.04%0.93%
EPS CAGR (5Y)43.52%9.26%
FCF CAGR (5Y)17.64%-7.12%
Total return CAGR (5Y)26.44%-4.73%

Frequently asked

Which has the lower trailing P/E, CF or PPG?
CF has the lower trailing P/E: CF trades at 9.61 and PPG at 16.28. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CF or PPG?
Over the past five years, CF grew revenue faster — CF at a 11.04% CAGR versus PPG at 0.93%.
Does CF or PPG pay a bigger dividend?
CF yields 1.54% and PPG yields 2.53% based on trailing dividends and the latest price.
Is CF or PPG more profitable?
CF runs the higher net margin — CF at 27.12% versus PPG at 9.57%.
How have CF and PPG total returns compared?
Over the past 10 years, CF delivered 22.03% and PPG delivered 2.75% annualized total return. 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 August 23, 2026.