Carpenter Technology Corporation (CRS) vs PPG Industries, Inc. (PPG)
A side-by-side comparison of Carpenter Technology Corporation and PPG Industries, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 9, 2026. Differences are shown without an overall score or investment verdict.
CRS
Carpenter Technology Corporation
$458.56Basic MaterialsAt close: Sep 8, 2026 (market close, ET)
PPG
PPG Industries, Inc.
$109.72Basic MaterialsDelayed quote: Sep 8, 2026, 4:00 PM EDT
Total return — CRS vs PPG
growth of $100 · dividends reinvested · last 10yCRS +1430.3% (+31.4%/yr)PPG +28.4% (+2.5%/yr)CRS compounded faster over this window
Log scale — wide-divergence pair
CRS PPG
CRS vs PPG: by the numbers
- •PPG is the larger company ($24.39B vs $22.78B market cap).
- •PPG trades at the lower trailing earnings multiple (16.12 vs 43.59 P/E), one valuation lens rather than an overall verdict.
- •CRS converts more revenue to profit (16.96% vs 9.57% net margin).
- •CRS grew revenue faster over the past five years (16.19% vs 0.93% CAGR).
- •PPG pays the higher dividend yield (2.55% vs 0.17%).
Metrics side by side
Valuation
| Metric | CRS | PPG |
|---|---|---|
| P/E ratio | 43.59 | 16.12 |
| Forward P/E | 43.31 | 14.23 |
| P/S ratio | 7.40 | 1.53 |
| P/B ratio | 10.38 | 2.98 |
| EV / EBITDA | 27.57 | 12.03 |
| FCF yield | 1.57% | 5.58% |
Profitability
| Metric | CRS | PPG |
|---|---|---|
| Gross margin | 30.58% | 40.09% |
| Operating margin | 22.47% | 12.48% |
| Net margin | 16.96% | 9.57% |
| ROE | 23.78% | 18.62% |
| ROIC | 17.08% | 8.84% |
Dividends
| Metric | CRS | PPG |
|---|---|---|
| Dividend yield | 0.17% | 2.55% |
| Payout ratio | 7.60% | 41.12% |
Growth (annualized)
| Metric | CRS | PPG |
|---|---|---|
| Revenue CAGR (5Y) | 16.19% | 0.93% |
| EPS CAGR (5Y) | 178.15% | 9.26% |
| FCF CAGR (5Y) | 19.37% | -7.12% |
| Total return CAGR (5Y) | 72.76% | -4.26% |
Frequently asked
- Which has the lower trailing P/E, CRS or PPG?
- PPG has the lower trailing P/E: CRS trades at 43.59 and PPG at 16.12. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CRS or PPG?
- Over the past five years, CRS grew revenue faster — CRS at a 16.19% CAGR versus PPG at 0.93%.
- Does CRS or PPG pay a bigger dividend?
- CRS yields 0.17% and PPG yields 2.55% based on trailing dividends and the latest price.
- Is CRS or PPG more profitable?
- CRS runs the higher net margin — CRS at 16.96% versus PPG at 9.57%.
- How have CRS and PPG total returns compared?
- Over the past 10 years, CRS delivered 30.46% and PPG delivered 2.42% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Carpenter Technology P/E ratioPPG Industries P/E ratioCarpenter Technology dividend yieldPPG Industries dividend yieldCarpenter Technology ROEPPG Industries ROECarpenter Technology operating marginPPG Industries operating marginCarpenter Technology revenue growthPPG Industries revenue growthCarpenter Technology free cash flowPPG Industries free cash flow
Carpenter Technology & 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 September 9, 2026.