Altria Group, Inc. (MO) vs PPG Industries, Inc. (PPG)

A side-by-side comparison of Altria Group, Inc. and PPG Industries, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: MO is classified in Consumer Defensive; PPG is classified in Basic Materials. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnMO vs PPG

growth of $100 · dividends reinvested · last 30y
MO +1100.2%PPG +918.6%MO compounded faster
05001k2kStart $100200120062011201620212026$1,200$1,019
MO PPG

MO vs PPG: by the numbers

  • MO is the larger company ($124.92B vs $26.52B market cap).
  • MO trades at the lower trailing earnings multiple (15.25 vs 16.90 P/E), one valuation lens rather than an overall verdict.
  • MO converts more revenue to profit (36.91% vs 9.83% net margin).
  • PPG grew revenue faster over the past five years (2.37% vs -0.68% CAGR).
  • MO pays the higher dividend yield (5.82% vs 2.40%).

Metrics side by side

Valuation

MetricMOPPG
P/E ratio15.2516.90
Forward P/E12.8115.03
P/S ratio5.591.65
P/B ratioN/A3.28
PEG ratio1.340.32
EV / EBITDA12.6712.58
FCF yield7.07%4.61%

Profitability

MetricMOPPG
Gross margin86.59%40.56%
Operating margin74.80%12.80%
Net margin36.91%9.83%
ROE-198.37%19.56%
ROIC42.95%43.13%

Dividends

MetricMOPPG
Dividend yield5.82%2.40%
Payout ratio103.16%40.80%

Growth (annualized)

MetricMOPPG
Revenue CAGR (5Y)-0.68%2.37%
EPS CAGR (5Y)11.36%9.26%
FCF CAGR (5Y)1.28%-8.56%
Total return CAGR (5Y)18.96%-4.46%

Frequently asked

Which has the lower trailing P/E, MO or PPG?
MO has the lower trailing P/E: MO trades at 15.25 and PPG at 16.90. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MO or PPG?
Over the past five years, PPG grew revenue faster — MO at a -0.68% CAGR versus PPG at 2.37%.
Does MO or PPG pay a bigger dividend?
MO yields 5.82% and PPG yields 2.40% based on trailing dividends and the latest price.
Is MO or PPG more profitable?
MO runs the higher net margin — MO at 36.91% versus PPG at 9.83%.
How have MO and PPG total returns compared?
Over the past 10 years, MO delivered 8.55% and PPG delivered 3.02% annualized total return. 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 July 28, 2026.