PPG Industries, Inc. (PPG) vs United States Steel Corporation (X)
PPG leads on 8 of 14 compared metrics.
A side-by-side comparison of PPG Industries, Inc. and United States Steel Corporation 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.
$118.25Basic Materials
X
United States Steel Corporation
$54.84Basic Materials
Total return — PPG vs X
growth of $100 · last 29yPPG +335.0%X +85.1%PPG compounded faster
PPG X
PPG vs X: by the numbers
- •PPG is the larger company ($26.35B vs $12.42B market cap).
- •PPG trades at the lower earnings multiple (16.87 vs 189.10 P/E).
- •PPG converts more revenue to profit (9.83% vs 0.64% net margin).
- •X grew revenue faster over the past five years (4.51% vs 2.37% CAGR).
- •PPG pays the higher dividend yield (2.40% vs 0.36%).
Which is better, PPG or X?
Metric tally: PPG 8 · X 6It depends on what you're optimizing for:
ValuePPG(lower P/E)
GrowthX(faster 5Y revenue CAGR)
IncomePPG(higher dividend yield)
QualityPPG(higher ROIC)
Metrics side by side
Valuation
| Metric | PPG | X |
|---|---|---|
| P/E ratio | 16.87● | 189.10 |
| Forward P/E | 15.02 | — |
| P/S ratio | 1.65 | 0.81● |
| P/B ratio | 3.27 | 0.77● |
| PEG ratio | 0.32 | — |
| EV / EBITDA | 11.49 | 10.84● |
| FCF yield | 4.62% | — |
Profitability
| Metric | PPG | X |
|---|---|---|
| Gross margin | 40.56%● | 7.57% |
| Operating margin | 12.80%● | -2.36% |
| Net margin | 9.83%● | 0.64% |
| ROE | 19.56%● | 0.61% |
| ROIC | 43.13%● | 1.24% |
Dividends
| Metric | PPG | X |
|---|---|---|
| Dividend yield | 2.40%● | 0.36% |
| Payout ratio | 40.80% | 11.70% |
Growth (annualized)
| Metric | PPG | X |
|---|---|---|
| Revenue CAGR (5Y) | 2.37% | 4.51%● |
| EPS CAGR (5Y) | 9.26%● | -19.55% |
| FCF CAGR (5Y) | -8.56% | 24.58%● |
| Total return CAGR (5Y) | -4.84% | 47.40%● |
Frequently asked
- Which is better, PPG or X?
- It depends on your goal. value: PPG (lower P/E); growth: X (faster 5Y revenue CAGR); income: PPG (higher dividend yield); quality: PPG (higher ROIC). Across all compared metrics, PPG leads 8 to 6.
- Is PPG or X cheaper?
- On trailing earnings, PPG is cheaper: PPG trades at a 16.87 P/E and X at 189.10.
- Which has grown faster, PPG or X?
- Over the past five years, X grew revenue faster — PPG at a 2.37% CAGR versus X at 4.51%.
- Does PPG or X pay a bigger dividend?
- PPG yields 2.40% and X yields 0.36% based on trailing dividends and the latest price.
- Is PPG or X more profitable?
- PPG runs the higher net margin — PPG at 9.83% versus X at 0.64%.
- Which has been the better investment, PPG or X?
- Over the past 10-year, X delivered the higher annualized total return — PPG at 2.80% versus X at 9.88%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
PPG Industries P/E ratioUnited States Steel P/E ratioPPG Industries dividend yieldUnited States Steel dividend yieldPPG Industries ROEUnited States Steel ROEPPG Industries operating marginUnited States Steel operating marginPPG Industries revenue growthUnited States Steel revenue growthPPG Industries free cash flowUnited States Steel free cash flow
PPG Industries & United States Steel 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 June 19, 2026.