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.
CF
CF Industries Holdings, Inc.
$129.60Basic MaterialsAt close: Aug 21, 2026, 4:00 PM ET
PPG
PPG Industries, Inc.
$113.63Basic MaterialsAt close: Aug 21, 2026, 4:00 PM ET
Total return — CF vs PPG
growth of $100 · dividends reinvested · last 10yCF +601.7% (+21.5%/yr)PPG +32.5% (+2.9%/yr)CF compounded faster over this window
Log scale — wide-divergence pair
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
| Metric | CF | PPG |
|---|---|---|
| P/E ratio | 9.61 | 16.28 |
| Forward P/E | 8.48 | 14.37 |
| P/S ratio | 2.58 | 1.55 |
| P/B ratio | 3.47 | 3.01 |
| EV / EBITDA | 5.49 | 12.13 |
| FCF yield | 9.58% | 5.53% |
Profitability
| Metric | CF | PPG |
|---|---|---|
| Gross margin | 42.54% | 40.09% |
| Operating margin | 38.12% | 12.48% |
| Net margin | 27.12% | 9.57% |
| ROE | 36.52% | 18.62% |
| ROIC | 16.58% | 8.84% |
Dividends
| Metric | CF | PPG |
|---|---|---|
| Dividend yield | 1.54% | 2.53% |
| Payout ratio | 22.27% | 41.24% |
Growth (annualized)
| Metric | CF | PPG |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
CF Industries P/E ratioPPG Industries P/E ratioCF Industries dividend yieldPPG Industries dividend yieldCF Industries ROEPPG Industries ROECF Industries operating marginPPG Industries operating marginCF Industries revenue growthPPG Industries revenue growthCF Industries free cash flowPPG Industries free cash flow
CF Industries & 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 August 23, 2026.