CF Industries Holdings, Inc. (CF) vs PPG Industries, Inc. (PPG)
CF leads on 12 of 16 compared metrics.
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 July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
CF
CF Industries Holdings, Inc.
$114.02Basic Materials
PPG
PPG Industries, Inc.
$115.96Basic Materials
Total return — CF vs PPG
growth of $100 · last 21yCF +3511.7%PPG +253.9%CF compounded faster
Log scale — wide-divergence pair
CF PPG
CF vs PPG: by the numbers
- •PPG is the larger company ($25.85B vs $17.52B market cap).
- •CF trades at the lower earnings multiple (10.51 vs 16.30 P/E).
- •CF converts more revenue to profit (23.73% vs 9.83% net margin).
- •CF grew revenue faster over the past five years (12.01% vs 2.37% CAGR).
- •PPG pays the higher dividend yield (2.49% vs 1.71%).
Which is better, CF or PPG?
Metric tally: CF 12 · PPG 4It depends on what you're optimizing for:
ValueCF(lower P/E)
GrowthCF(faster 5Y revenue CAGR)
IncomePPG(higher dividend yield)
QualityPPG(higher ROIC)
Metrics side by side
Valuation
| Metric | CF | PPG |
|---|---|---|
| P/E ratio | 10.51● | 16.30 |
| Forward P/E | 6.82● | 14.51 |
| P/S ratio | 2.44 | 1.59● |
| P/B ratio | 3.38 | 3.16● |
| PEG ratio | 0.26● | 0.32 |
| EV / EBITDA | 5.54● | 12.22 |
| FCF yield | 8.97%● | 4.78% |
Profitability
| Metric | CF | PPG |
|---|---|---|
| Gross margin | 40.41% | 40.56% |
| Operating margin | 35.68%● | 12.80% |
| Net margin | 23.73%● | 9.83% |
| ROE | 32.91%● | 19.56% |
| ROIC | 14.27% | 43.13%● |
Dividends
| Metric | CF | PPG |
|---|---|---|
| Dividend yield | 1.71% | 2.49%● |
| Payout ratio | 22.27% | 40.80% |
Growth (annualized)
| Metric | CF | PPG |
|---|---|---|
| Revenue CAGR (5Y) | 12.01%● | 2.37% |
| EPS CAGR (5Y) | 43.52%● | 9.26% |
| FCF CAGR (5Y) | 6.13%● | -8.56% |
| Total return CAGR (5Y) | 21.23%● | -5.58% |
Frequently asked
- Which is better, CF or PPG?
- It depends on your goal. value: CF (lower P/E); growth: CF (faster 5Y revenue CAGR); income: PPG (higher dividend yield); quality: PPG (higher ROIC). Across all compared metrics, CF leads 12 to 4.
- Is CF or PPG cheaper?
- On trailing earnings, CF is cheaper: CF trades at a 10.51 P/E and PPG at 16.30.
- Which has grown faster, CF or PPG?
- Over the past five years, CF grew revenue faster — CF at a 12.01% CAGR versus PPG at 2.37%.
- Does CF or PPG pay a bigger dividend?
- CF yields 1.71% and PPG yields 2.49% based on trailing dividends and the latest price.
- Is CF or PPG more profitable?
- CF runs the higher net margin — CF at 23.73% versus PPG at 9.83%.
- Which has been the better investment, CF or PPG?
- Over the past 10-year, CF delivered the higher annualized total return — CF at 19.98% versus PPG at 2.62%. 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 July 9, 2026.