CEMEX, S.A.B. de C.V. (CX) vs PPG Industries, Inc. (PPG)

CX leads on 11 of 17 compared metrics.

A side-by-side comparison of CEMEX, S.A.B. de C.V. and PPG Industries, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 18, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — CX vs PPG

growth of $100 · last 27y
CX +73.4%PPG +273.1%PPG compounded faster
0200400600Start $10020042009201420192024$173$373
CX PPG

CX vs PPG: by the numbers

  • PPG is the larger company ($26.35B vs $18.47B market cap).
  • CX trades at the lower earnings multiple (1.93 vs 16.87 P/E).
  • PPG converts more revenue to profit (9.83% vs 2.74% net margin).
  • CX grew revenue faster over the past five years (4.55% vs 2.37% CAGR).
  • PPG pays the higher dividend yield (2.40% vs 0.77%).

Which is better, CX or PPG?

Metric tally: CX 11 · PPG 6

It depends on what you're optimizing for:

ValueCX(lower P/E)
GrowthCX(faster 5Y revenue CAGR)
IncomePPG(higher dividend yield)
QualityPPG(higher ROIC)

Metrics side by side

Valuation

MetricCXPPG
P/E ratio1.9316.87
Forward P/E13.6815.02
P/S ratio0.111.65
P/B ratio0.143.27
PEG ratio0.020.32
EV / EBITDA2.9811.49
FCF yield54.64%4.62%

Profitability

MetricCXPPG
Gross margin33.30%40.56%
Operating margin12.07%12.80%
Net margin2.74%9.83%
ROE3.45%19.56%
ROIC3.98%43.13%

Dividends

MetricCXPPG
Dividend yield0.77%2.40%
Payout ratio1.49%40.80%

Growth (annualized)

MetricCXPPG
Revenue CAGR (5Y)4.55%2.37%
EPS CAGR (5Y)102.72%9.26%
FCF CAGR (5Y)2.36%-8.56%
Total return CAGR (5Y)11.89%-4.84%

Frequently asked

Which is better, CX or PPG?
It depends on your goal. value: CX (lower P/E); growth: CX (faster 5Y revenue CAGR); income: PPG (higher dividend yield); quality: PPG (higher ROIC). Across all compared metrics, CX leads 11 to 6.
Is CX or PPG cheaper?
On trailing earnings, CX is cheaper: CX trades at a 1.93 P/E and PPG at 16.87.
Which has grown faster, CX or PPG?
Over the past five years, CX grew revenue faster — CX at a 4.55% CAGR versus PPG at 2.37%.
Does CX or PPG pay a bigger dividend?
CX yields 0.77% and PPG yields 2.40% based on trailing dividends and the latest price.
Is CX or PPG more profitable?
PPG runs the higher net margin — CX at 2.74% versus PPG at 9.83%.
Which has been the better investment, CX or PPG?
Over the past 10-year, CX delivered the higher annualized total return — CX at 8.18% versus PPG at 2.80%. 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 June 18, 2026.