Dow Inc. (DOW) vs PPG Industries, Inc. (PPG)
PPG leads on 10 of 14 compared metrics.
A side-by-side comparison of Dow Inc. and PPG Industries, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 19, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — DOW vs PPG
growth of $100 · last 7yDOW -36.3%PPG +6.6%PPG compounded faster
DOW PPG
DOW vs PPG: by the numbers
- •PPG is the larger company ($26.35B vs $22.87B market cap).
- •PPG is profitable (9.83% net margin) while DOW runs a net loss (-7.02%).
- •PPG grew revenue faster over the past five years (2.37% vs -0.66% CAGR).
- •DOW pays the higher dividend yield (4.41% vs 2.40%).
Which is better, DOW or PPG?
Metric tally: DOW 4 · PPG 10It depends on what you're optimizing for:
GrowthPPG(faster 5Y revenue CAGR)
IncomeDOW(higher dividend yield)
QualityPPG(higher ROIC)
Metrics side by side
Valuation
| Metric | DOW | PPG |
|---|---|---|
| P/E ratio | — | 16.87 |
| Forward P/E | 9.96● | 15.02 |
| P/S ratio | 0.58● | 1.65 |
| P/B ratio | 1.50● | 3.27 |
| PEG ratio | — | 0.32 |
| EV / EBITDA | 45.72 | 11.49● |
| FCF yield | — | 4.62% |
Profitability
| Metric | DOW | PPG |
|---|---|---|
| Gross margin | 6.16% | 40.56%● |
| Operating margin | -2.31% | 12.80%● |
| Net margin | -7.02% | 9.83%● |
| ROE | -18.11% | 19.56%● |
| ROIC | 0.51% | 43.13%● |
Dividends
| Metric | DOW | PPG |
|---|---|---|
| Dividend yield | 4.41%● | 2.40% |
| Payout ratio | — | 40.80% |
Growth (annualized)
| Metric | DOW | PPG |
|---|---|---|
| Revenue CAGR (5Y) | -0.66% | 2.37%● |
| EPS CAGR (5Y) | -20.06% | 9.26%● |
| FCF CAGR (5Y) | -24.60% | -8.56%● |
| Total return CAGR (5Y) | -7.65% | -4.84%● |
Frequently asked
- Which is better, DOW or PPG?
- It depends on your goal. growth: PPG (faster 5Y revenue CAGR); income: DOW (higher dividend yield); quality: PPG (higher ROIC). Across all compared metrics, PPG leads 10 to 4.
- Which has grown faster, DOW or PPG?
- Over the past five years, PPG grew revenue faster — DOW at a -0.66% CAGR versus PPG at 2.37%.
- Does DOW or PPG pay a bigger dividend?
- DOW yields 4.41% and PPG yields 2.40% based on trailing dividends and the latest price.
- Is DOW or PPG more profitable?
- PPG runs the higher net margin — DOW at -7.02% versus PPG at 9.83%.
- Which has been the better investment, DOW or PPG?
- Over the past 5-year, PPG delivered the higher annualized total return — DOW at -7.65% versus PPG at 2.80%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Dow P/E ratioPPG Industries P/E ratioDow dividend yieldPPG Industries dividend yieldDow ROEPPG Industries ROEDow operating marginPPG Industries operating marginDow revenue growthPPG Industries revenue growthDow free cash flowPPG Industries free cash flow
Dow & 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 June 19, 2026.