PPG Industries, Inc. (PPG) vs Smurfit Westrock PLC (SW)

PPG leads on 9 of 16 compared metrics.

A side-by-side comparison of PPG Industries, Inc. and Smurfit Westrock PLC across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — PPG vs SW

growth of $100 · last 18y
PPG +280.5%SW +444.3%SW compounded faster
0200400600800Start $100201120142017202020232026$381$544
PPG SW

PPG vs SW: by the numbers

  • PPG is the larger company ($26.24B vs $23.27B market cap).
  • PPG trades at the lower earnings multiple (16.79 vs 61.92 P/E).
  • PPG converts more revenue to profit (9.83% vs 1.23% net margin).
  • SW grew revenue faster over the past five years (24.07% vs 2.37% CAGR).
  • SW pays the higher dividend yield (3.98% vs 2.41%).

Which is better, PPG or SW?

Metric tally: PPG 9 · SW 7

It depends on what you're optimizing for:

ValuePPG(lower P/E)
GrowthSW(faster 5Y revenue CAGR)
IncomeSW(higher dividend yield)
QualityPPG(higher ROIC)

Metrics side by side

Valuation

MetricPPGSW
P/E ratio16.7961.92
Forward P/E14.95
P/S ratio1.640.79
P/B ratio3.261.32
PEG ratio0.320.43
EV / EBITDA11.459.22
FCF yield4.64%4.28%

Profitability

MetricPPGSW
Gross margin40.56%18.42%
Operating margin12.80%6.24%
Net margin9.83%1.23%
ROE19.56%2.06%
ROIC43.13%3.59%

Dividends

MetricPPGSW
Dividend yield2.41%3.98%
Payout ratio40.80%131.81%

Growth (annualized)

MetricPPGSW
Revenue CAGR (5Y)2.37%24.07%
EPS CAGR (5Y)9.26%-16.43%
FCF CAGR (5Y)-8.56%-3.68%
Total return CAGR (5Y)-5.11%0.10%

Frequently asked

Which is better, PPG or SW?
It depends on your goal. value: PPG (lower P/E); growth: SW (faster 5Y revenue CAGR); income: SW (higher dividend yield); quality: PPG (higher ROIC). Across all compared metrics, PPG leads 9 to 7.
Is PPG or SW cheaper?
On trailing earnings, PPG is cheaper: PPG trades at a 16.79 P/E and SW at 61.92.
Which has grown faster, PPG or SW?
Over the past five years, SW grew revenue faster — PPG at a 2.37% CAGR versus SW at 24.07%.
Does PPG or SW pay a bigger dividend?
PPG yields 2.41% and SW yields 3.98% based on trailing dividends and the latest price.
Is PPG or SW more profitable?
PPG runs the higher net margin — PPG at 9.83% versus SW at 1.23%.
Which has been the better investment, PPG or SW?
Over the past 10-year, SW delivered the higher annualized total return — PPG at 2.46% versus SW at 4.19%. 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 June 24, 2026.