ECL vs PPG

Ecolab (ECL) and PPG Industries (PPG) compared side by side. Ecolab (ECL) is larger, with a market cap of $80.9B versus $24.6B for PPG Industries, about 3.3 times the size. On trailing earnings, PPG is cheaper at 15.9x versus 38.7x for ECL.

Head to head

MetricECLPPG
Market cap$80.9B$24.6B
P/E (TTM)38.7x15.9x
Forward P/E30.8x12.9x
Revenue (TTM)$16.8B$16.4B
Revenue growth9.7%7.2%
Gross margin44.2%41.2%
Operating margin18.5%14.0%
Free cash flow$1.9B$1.4B
Dividend yield1.01%2.68%
1-year return+6.1%+9.7%
5-year return (annual)+6.6%-5.3%
Max drawdown-69%-63%
FI Handbook gradeCB-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$7.5K
$10.0K
$12.5K
20222023202420252026
ECLPPG

ECL vs PPG FAQ

Which is bigger, ECL or PPG?

Ecolab (ECL) is larger, with a market cap of $80.9B versus $24.6B for PPG Industries, about 3.3 times the size.

Is ECL or PPG cheaper?

On trailing earnings, PPG is cheaper at 15.9x versus 38.7x for ECL. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, ECL or PPG?

PPG returned +9.7% over the past year including dividends, versus +6.1% for ECL, through October 23, 2026.

Which pays a higher dividend, ECL or PPG?

PPG yields 2.68% versus 1.01% for ECL.

Full pages: Ecolab · PPG Industries