Which has grown faster, MP or PPG?

Over the past five years, MP grew revenue faster — MP at a 14.90% CAGR versus PPG at 2.37%.

Does MP or PPG pay a bigger dividend?

PPG pays a dividend (2.40% yield) while MP does not currently pay one.

Is MP or PPG more profitable?

PPG runs the higher net margin — MP at -20.48% versus PPG at 9.83%.

Which has been the better investment, MP or PPG?

Over the past 5-year, MP delivered the higher annualized total return — MP at 14.24% versus PPG at 2.80%. Past performance doesn't predict future results.

MP Materials Corp. (MP) vs PPG Industries, Inc. (PPG)

PPG leads on 9 of 11 compared metrics.

A side-by-side comparison of MP Materials Corp. and PPG Industries, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 18, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

MP Materials Corp.

$10.68B

$60.84Basic Materials

PPG

PPG Industries, Inc.

$26.35B

$118.25Basic Materials

Total return — MP vs PPG

growth of $100 · last 6y

MP +499.5%PPG +14.1%MP compounded faster

Log scale — wide-divergence pair

MP PPG

MP vs PPG: by the numbers

•PPG is the larger company ($26.35B vs $10.68B market cap).
•PPG is profitable (9.83% net margin) while MP runs a net loss (-20.48%).
•MP grew revenue faster over the past five years (14.90% vs 2.37% CAGR).
•PPG pays a dividend (2.40% yield) while MP does not currently pay one.

Which is better, MP or PPG?

Metric tally: MP 2 · PPG 9

It depends on what you're optimizing for:

GrowthMP(faster 5Y revenue CAGR)

QualityPPG(higher ROIC)

Metrics side by side

Valuation

Metric	MP	PPG
P/E ratio	—	16.87
Forward P/E	55.55	15.02●
P/S ratio	34.87	1.65●
P/B ratio	5.09	3.27●
PEG ratio	—	0.32
EV / EBITDA	654.52	11.49●
FCF yield	—	4.62%

Profitability

Metric	MP	PPG
Gross margin	24.16%	40.56%●
Operating margin	-39.42%	12.80%●
Net margin	-20.48%	9.83%●
ROE	-2.99%	19.56%●
ROIC	-2.36%	43.13%●

Dividends

Metric	MP	PPG
Dividend yield	—	2.40%
Payout ratio	—	40.80%

Growth (annualized)

Metric	MP	PPG
Revenue CAGR (5Y)	14.90%●	2.37%
EPS CAGR (5Y)	—	9.26%
FCF CAGR (5Y)	—	-8.56%
Total return CAGR (5Y)	14.24%●	-4.84%

Frequently asked

Which is better, MP or PPG?: It depends on your goal. growth: MP (faster 5Y revenue CAGR); quality: PPG (higher ROIC). Across all compared metrics, PPG leads 9 to 2.
Which has grown faster, MP or PPG?: Over the past five years, MP grew revenue faster — MP at a 14.90% CAGR versus PPG at 2.37%.
Does MP or PPG pay a bigger dividend?: PPG pays a dividend (2.40% yield) while MP does not currently pay one.
Is MP or PPG more profitable?: PPG runs the higher net margin — MP at -20.48% versus PPG at 9.83%.
Which has been the better investment, MP or PPG?: Over the past 5-year, MP delivered the higher annualized total return — MP at 14.24% versus PPG at 2.80%. Past performance doesn't predict future results.

Go deeper

Full MP analysis Full PPG analysis Interactive comparison tool

Dig into the metrics

MP Materials P/E ratio PPG Industries P/E ratio MP Materials dividend yield PPG Industries dividend yield MP Materials ROE PPG Industries ROE MP Materials operating margin PPG Industries operating margin MP Materials revenue growth PPG Industries revenue growth MP Materials free cash flow PPG Industries free cash flow

MP Materials & PPG Industries appear in these rankings

Highest Dividend Yield Stocks Dividend Aristocrats Highest ROIC Stocks Highest FCF Yield Stocks

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 18, 2026.