Is PPG or STLD cheaper?

On trailing earnings, PPG is cheaper: PPG trades at a 16.87 P/E and STLD at 26.76.

Which has grown faster, PPG or STLD?

Over the past five years, STLD grew revenue faster — PPG at a 2.37% CAGR versus STLD at 12.46%.

Does PPG or STLD pay a bigger dividend?

PPG yields 2.40% and STLD yields 0.81% based on trailing dividends and the latest price.

Is PPG or STLD more profitable?

PPG runs the higher net margin — PPG at 9.83% versus STLD at 7.22%.

Which has been the better investment, PPG or STLD?

Over the past 10-year, STLD delivered the higher annualized total return — PPG at 2.80% versus STLD at 28.17%. Past performance doesn't predict future results.

PPG Industries, Inc. (PPG) vs Steel Dynamics, Inc. (STLD)

PPG leads on 13 of 17 compared metrics.

A side-by-side comparison of PPG Industries, Inc. and Steel Dynamics, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 19, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

PPG

PPG Industries, Inc.

$26.35B

$118.25Basic Materials

STLD

Steel Dynamics, Inc.

$36.04B

$249.91Basic Materials

Total return — PPG vs STLD

growth of $100 · last 30y

PPG +293.4%STLD +5262.9%STLD compounded faster

Log scale — wide-divergence pair

PPG STLD

PPG vs STLD: by the numbers

•STLD is the larger company ($36.04B vs $26.35B market cap).
•PPG trades at the lower earnings multiple (16.87 vs 26.76 P/E).
•PPG converts more revenue to profit (9.83% vs 7.22% net margin).
•STLD grew revenue faster over the past five years (12.46% vs 2.37% CAGR).
•PPG pays the higher dividend yield (2.40% vs 0.81%).

Which is better, PPG or STLD?

Metric tally: PPG 13 · STLD 4

It depends on what you're optimizing for:

ValuePPG(lower P/E)

GrowthSTLD(faster 5Y revenue CAGR)

IncomePPG(higher dividend yield)

QualityPPG(higher ROIC)

Metrics side by side

Valuation

Metric	PPG	STLD
P/E ratio	16.87●	26.76
Forward P/E	15.02●	15.72
P/S ratio	1.65●	1.90
P/B ratio	3.27●	3.95
PEG ratio	0.32●	1.06
EV / EBITDA	11.49●	15.66
FCF yield	4.62%●	1.84%

Profitability

Metric	PPG	STLD
Gross margin	40.56%●	14.00%
Operating margin	12.80%●	9.41%
Net margin	9.83%●	7.22%
ROE	19.56%●	14.97%
ROIC	43.13%●	8.19%

Dividends

Metric	PPG	STLD
Dividend yield	2.40%●	0.81%
Payout ratio	40.80%	25.31%

Growth (annualized)

Metric	PPG	STLD
Revenue CAGR (5Y)	2.37%	12.46%●
EPS CAGR (5Y)	9.26%	25.18%●
FCF CAGR (5Y)	-8.56%	19.91%●
Total return CAGR (5Y)	-4.84%	36.10%●

Frequently asked

Which is better, PPG or STLD?: It depends on your goal. value: PPG (lower P/E); growth: STLD (faster 5Y revenue CAGR); income: PPG (higher dividend yield); quality: PPG (higher ROIC). Across all compared metrics, PPG leads 13 to 4.
Is PPG or STLD cheaper?: On trailing earnings, PPG is cheaper: PPG trades at a 16.87 P/E and STLD at 26.76.
Which has grown faster, PPG or STLD?: Over the past five years, STLD grew revenue faster — PPG at a 2.37% CAGR versus STLD at 12.46%.
Does PPG or STLD pay a bigger dividend?: PPG yields 2.40% and STLD yields 0.81% based on trailing dividends and the latest price.
Is PPG or STLD more profitable?: PPG runs the higher net margin — PPG at 9.83% versus STLD at 7.22%.
Which has been the better investment, PPG or STLD?: Over the past 10-year, STLD delivered the higher annualized total return — PPG at 2.80% versus STLD at 28.17%. Past performance doesn't predict future results.

Go deeper

Full PPG analysis Full STLD analysis Interactive comparison tool

Dig into the metrics

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

PPG Industries & Steel Dynamics 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 19, 2026.