PPG Industries, Inc. (PPG) vs Royal Gold, Inc. (RGLD)
A side-by-side comparison of PPG Industries, Inc. and Royal Gold, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.
PPG
PPG Industries, Inc.
$113.92Basic MaterialsAt close: Aug 19, 2026, 4:00 PM ET
RGLD
Royal Gold, Inc.
$248.14Basic MaterialsAt close: Aug 19, 2026, 4:00 PM ET
Total return — PPG vs RGLD
growth of $100 · dividends reinvested · last 10yPPG +30.2% (+2.7%/yr)RGLD +266.7% (+13.9%/yr)RGLD compounded faster over this window
PPG RGLD
PPG vs RGLD: by the numbers
- •PPG is the larger company ($25.32B vs $21.06B market cap).
- •PPG trades at the lower trailing earnings multiple (16.32 vs 27.09 P/E), one valuation lens rather than an overall verdict.
- •RGLD converts more revenue to profit (47.70% vs 9.57% net margin).
- •RGLD grew revenue faster over the past five years (20.30% vs 0.93% CAGR).
- •PPG pays the higher dividend yield (2.52% vs 0.76%).
Metrics side by side
Valuation
| Metric | PPG | RGLD |
|---|---|---|
| P/E ratio | 16.32 | 27.09 |
| Forward P/E | 14.45 | 23.41 |
| P/S ratio | 1.55 | 13.64 |
| P/B ratio | 3.02 | 2.78 |
| EV / EBITDA | 12.16 | 16.70 |
| FCF yield | 5.52% | 0.00% |
Profitability
| Metric | PPG | RGLD |
|---|---|---|
| Gross margin | 40.09% | 66.79% |
| Operating margin | 12.48% | 63.14% |
| Net margin | 9.57% | 47.70% |
| ROE | 18.62% | 9.73% |
| ROIC | 8.84% | 8.58% |
Dividends
| Metric | PPG | RGLD |
|---|---|---|
| Dividend yield | 2.52% | 0.76% |
| Payout ratio | 41.24% | 27.99% |
Growth (annualized)
| Metric | PPG | RGLD |
|---|---|---|
| Revenue CAGR (5Y) | 0.93% | 20.30% |
| EPS CAGR (5Y) | 9.26% | 7.77% |
| FCF CAGR (5Y) | -7.12% | -69.96% |
| Total return CAGR (5Y) | -4.69% | 19.13% |
Frequently asked
- Which has the lower trailing P/E, PPG or RGLD?
- PPG has the lower trailing P/E: PPG trades at 16.32 and RGLD at 27.09. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, PPG or RGLD?
- Over the past five years, RGLD grew revenue faster — PPG at a 0.93% CAGR versus RGLD at 20.30%.
- Does PPG or RGLD pay a bigger dividend?
- PPG yields 2.52% and RGLD yields 0.76% based on trailing dividends and the latest price.
- Is PPG or RGLD more profitable?
- RGLD runs the higher net margin — PPG at 9.57% versus RGLD at 47.70%.
- How have PPG and RGLD total returns compared?
- Over the past 10 years, PPG delivered 2.77% and RGLD delivered 12.83% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
PPG Industries P/E ratioRoyal Gold P/E ratioPPG Industries dividend yieldRoyal Gold dividend yieldPPG Industries ROERoyal Gold ROEPPG Industries operating marginRoyal Gold operating marginPPG Industries revenue growthRoyal Gold revenue growthPPG Industries free cash flowRoyal Gold free cash flow
PPG Industries & Royal Gold 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 20, 2026.