International Flavors & Fragrances Inc. (IFF) vs PPG Industries, Inc. (PPG)
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 August 3, 2026. Differences are shown without an overall score or investment verdict.
IFF
International Flavors & Fragrances Inc.
$79.30Basic MaterialsDelayed quote: Aug 3, 2026, 11:10 AM EDT
PPG
PPG Industries, Inc.
$111.81Basic MaterialsDelayed quote: Aug 3, 2026, 11:09 AM EDT
Total return — IFF vs PPG
growth of $100 · dividends reinvested · last 30yIFF +285.9%PPG +850.2%PPG compounded faster
IFF PPG
IFF vs PPG: by the numbers
- •PPG is the larger company ($24.85B vs $20.24B market cap).
- •PPG trades at the lower trailing earnings multiple (15.83 vs 24.23 P/E), one valuation lens rather than an overall verdict.
- •PPG converts more revenue to profit (9.57% vs 7.90% net margin).
- •IFF grew revenue faster over the past five years (11.71% vs 0.93% CAGR).
- •PPG pays the higher dividend yield (2.57% vs 2.02%).
Metrics side by side
Valuation
| Metric | IFF | PPG |
|---|---|---|
| P/E ratio | 24.23 | 15.83 |
| Forward P/E | 18.09 | 14.02 |
| P/S ratio | 1.89 | 1.51 |
| P/B ratio | 1.44 | 3.28 |
| PEG ratio | 0.18 | 0.32 |
| EV / EBITDA | 14.33 | 11.69 |
| FCF yield | 1.96% | 5.69% |
Profitability
| Metric | IFF | PPG |
|---|---|---|
| Gross margin | 36.35% | 40.09% |
| Operating margin | 7.56% | 12.48% |
| Net margin | 7.90% | 9.57% |
| ROE | 6.03% | -44.48% |
| ROIC | 3.19% | 43.13% |
Dividends
| Metric | IFF | PPG |
|---|---|---|
| Dividend yield | 2.02% | 2.57% |
| Payout ratio | N/A | 40.80% |
Growth (annualized)
| Metric | IFF | PPG |
|---|---|---|
| Revenue CAGR (5Y) | 11.71% | 0.93% |
| EPS CAGR (5Y) | -25.13% | 9.26% |
| FCF CAGR (5Y) | -13.45% | -7.12% |
| Total return CAGR (5Y) | -9.67% | -5.59% |
Frequently asked
- Which has the lower trailing P/E, IFF or PPG?
- PPG has the lower trailing P/E: IFF trades at 24.23 and PPG at 15.83. P/E is one valuation measure and does not by itself establish which business is cheaper.
- 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 0.93%.
- Does IFF or PPG pay a bigger dividend?
- IFF yields 2.02% and PPG yields 2.57% 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 9.57%.
- How have IFF and PPG total returns compared?
- Over the past 10 years, IFF delivered -2.72% and PPG delivered 2.44% annualized total return. 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 August 3, 2026.