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 September 13, 2026. Differences are shown without an overall score or investment verdict.
IFF
International Flavors & Fragrances Inc.
$84.91Basic MaterialsDelayed quote: Sep 17, 2026, 4:00 PM EDT
PPG
PPG Industries, Inc.
$105.45Basic MaterialsDelayed quote: Sep 17, 2026, 4:00 PM EDT
Total return — IFF vs PPG
growth of $100 · dividends reinvested · last 10yIFF -23.0% (-2.6%/yr)PPG +27.2% (+2.4%/yr)PPG compounded faster over this window
IFF PPG
IFF vs PPG: by the numbers
- •PPG is the larger company ($23.44B vs $21.68B market cap).
- •PPG trades at the lower trailing earnings multiple (15.11 vs 78.62 P/E), one valuation lens rather than an overall verdict.
- •PPG converts more revenue to profit (9.57% vs 2.91% net margin).
- •IFF grew revenue faster over the past five years (4.28% vs 0.93% CAGR).
- •PPG pays the higher dividend yield (2.72% vs 1.91%).
Metrics side by side
Valuation
| Metric | IFF | PPG |
|---|---|---|
| P/E ratio | 78.62 | 15.11 |
| Forward P/E | 24.66 | 13.34 |
| P/S ratio | 2.17 | 1.43 |
| P/B ratio | 1.55 | 2.78 |
| EV / EBITDA | 15.87 | 11.36 |
| FCF yield | 2.47% | 6.00% |
Profitability
| Metric | IFF | PPG |
|---|---|---|
| Gross margin | 37.52% | 40.09% |
| Operating margin | 7.78% | 12.48% |
| Net margin | 2.91% | 9.57% |
| ROE | 2.07% | 18.62% |
| ROIC | 2.80% | 8.84% |
Dividends
| Metric | IFF | PPG |
|---|---|---|
| Dividend yield | 1.91% | 2.72% |
| Payout ratio | 148.15% | 41.12% |
Growth (annualized)
| Metric | IFF | PPG |
|---|---|---|
| Revenue CAGR (5Y) | 4.28% | 0.93% |
| EPS CAGR (5Y) | -25.13% | 9.26% |
| FCF CAGR (5Y) | -10.39% | -7.12% |
| Total return CAGR (5Y) | -8.32% | -5.17% |
Frequently asked
- Which has the lower trailing P/E, IFF or PPG?
- PPG has the lower trailing P/E: IFF trades at 78.62 and PPG at 15.11. 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 4.28% CAGR versus PPG at 0.93%.
- Does IFF or PPG pay a bigger dividend?
- IFF yields 1.91% and PPG yields 2.72% based on trailing dividends and the latest price.
- Is IFF or PPG more profitable?
- PPG runs the higher net margin — IFF at 2.91% versus PPG at 9.57%.
- How have IFF and PPG total returns compared?
- Over the past 10 years, IFF delivered -2.30% and PPG delivered 2.37% 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 September 13, 2026.