PPG vs SHW
PPG Industries (PPG) and Sherwin-Williams (SHW) compared side by side. Sherwin-Williams (SHW) is larger, with a market cap of $81.8B versus $24.6B for PPG Industries, about 3.3 times the size. On trailing earnings, PPG is cheaper at 15.9x versus 31.1x for SHW.
Head to head
| Metric | PPG | SHW |
|---|---|---|
| Market cap | $24.6B | $81.8B |
| P/E (TTM) | 15.9x | 31.1x |
| Forward P/E | 12.9x | 25.0x |
| Revenue (TTM) | $16.4B | $24.4B |
| Revenue growth | 7.2% | 7.5% |
| Gross margin | 41.2% | 49.0% |
| Operating margin | 14.0% | 18.1% |
| Free cash flow | $1.4B | $3.2B |
| Dividend yield | 2.68% | 0.95% |
| 1-year return | +9.7% | +2.6% |
| 5-year return (annual) | -5.3% | +2.8% |
| Max drawdown | -63% | -52% |
| FI Handbook grade | B- | C |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
PPG vs SHW FAQ
Which is bigger, PPG or SHW?
Sherwin-Williams (SHW) is larger, with a market cap of $81.8B versus $24.6B for PPG Industries, about 3.3 times the size.
Is PPG or SHW cheaper?
On trailing earnings, PPG is cheaper at 15.9x versus 31.1x for SHW. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, PPG or SHW?
PPG returned +9.7% over the past year including dividends, versus +2.6% for SHW, through October 23, 2026.
Which pays a higher dividend, PPG or SHW?
PPG yields 2.68% versus 0.95% for SHW.
Full pages: PPG Industries · Sherwin-Williams