International Flavors & Fragrances Inc. (IFF) vs PPG Industries, Inc. (PPG)
PPG leads on 13 of 17 compared metrics.
A side-by-side comparison of International Flavors & Fragrances 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).
IFF
International Flavors & Fragrances Inc.
$76.72Basic Materials
PPG
PPG Industries, Inc.
$118.25Basic Materials
Total return — IFF vs PPG
growth of $100 · last 30yIFF +55.0%PPG +375.3%PPG compounded faster
IFF PPG
IFF vs PPG: by the numbers
- •PPG is the larger company ($26.35B vs $19.59B market cap).
- •PPG trades at the lower earnings multiple (16.87 vs 23.46 P/E).
- •PPG converts more revenue to profit (9.83% vs 7.90% net margin).
- •IFF grew revenue faster over the past five years (11.71% vs 2.37% CAGR).
- •IFF pays the higher dividend yield (2.61% vs 2.40%).
Which is better, IFF or PPG?
Metric tally: IFF 4 · PPG 13It depends on what you're optimizing for:
ValuePPG(lower P/E)
GrowthIFF(faster 5Y revenue CAGR)
IncomeIFF(higher dividend yield)
QualityPPG(higher ROIC)
Metrics side by side
Valuation
| Metric | IFF | PPG |
|---|---|---|
| P/E ratio | 23.46 | 16.87● |
| Forward P/E | 17.29 | 15.02● |
| P/S ratio | 1.83 | 1.65● |
| P/B ratio | 1.40● | 3.27 |
| PEG ratio | 0.19● | 0.32 |
| EV / EBITDA | 12.52 | 11.49● |
| FCF yield | 2.02% | 4.62%● |
Profitability
| Metric | IFF | PPG |
|---|---|---|
| Gross margin | 36.35% | 40.56%● |
| Operating margin | 7.56% | 12.80%● |
| Net margin | 7.90% | 9.83%● |
| ROE | 6.03% | 19.56%● |
| ROIC | 3.19% | 43.13%● |
Dividends
| Metric | IFF | PPG |
|---|---|---|
| Dividend yield | 2.61%● | 2.40% |
| Payout ratio | — | 40.80% |
Growth (annualized)
| Metric | IFF | PPG |
|---|---|---|
| Revenue CAGR (5Y) | 11.71%● | 2.37% |
| EPS CAGR (5Y) | -25.13% | 9.26%● |
| FCF CAGR (5Y) | -13.45% | -8.56%● |
| Total return CAGR (5Y) | -9.46% | -4.84%● |
Frequently asked
- Which is better, IFF or PPG?
- It depends on your goal. value: PPG (lower P/E); growth: IFF (faster 5Y revenue CAGR); income: IFF (higher dividend yield); quality: PPG (higher ROIC). Across all compared metrics, PPG leads 13 to 4.
- Is IFF or PPG cheaper?
- On trailing earnings, PPG is cheaper: IFF trades at a 23.46 P/E and PPG at 16.87.
- Which has grown faster, IFF or PPG?
- Over the past five years, IFF grew revenue faster — IFF at a 11.71% CAGR versus PPG at 2.37%.
- Does IFF or PPG pay a bigger dividend?
- IFF yields 2.61% and PPG yields 2.40% based on trailing dividends and the latest price.
- Is IFF or PPG more profitable?
- PPG runs the higher net margin — IFF at 7.90% versus PPG at 9.83%.
- Which has been the better investment, IFF or PPG?
- Over the past 10-year, PPG delivered the higher annualized total return — IFF at -2.40% versus PPG at 2.80%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
International Flavors & Fragrances P/E ratioPPG Industries P/E ratioInternational Flavors & Fragrances dividend yieldPPG Industries dividend yieldInternational Flavors & Fragrances ROEPPG Industries ROEInternational Flavors & Fragrances operating marginPPG Industries operating marginInternational Flavors & Fragrances revenue growthPPG Industries revenue growthInternational Flavors & Fragrances free cash flowPPG Industries free cash flow
International Flavors & Fragrances & 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.