AMRZ vs CMC vs PPG Stock Comparison

Amrize, Commercial Metals and Ppg Industries Prices as of Oct 28, 2026 Peers: Industry group
AMRZ Amrize Ltd
$40.05 +5.3% 1M -20.6% 1Y
Market cap
$22.02B
P/E
18.2x
Revenue (TTM)
$12.19B
Div. yield
1.65%
Cement Basic Materials
1 win
CMC COMMERCIAL METALS Co
$64.17 -0.5% 1M +6.1% 1Y
Market cap
$7.08B
P/E
10.8x
Revenue (TTM)
$9.39B
Div. yield
1.50%
Steel Basic Materials
5 wins
PPG Ppg Industries Inc
$118.58 +10.9% 1M +12.6% 1Y
Market cap
$26.19B
P/E
16.8x
Revenue (TTM)
$16.69B
Div. yield
2.42%
Paints and Coatings Basic Materials
6 wins

Head to Head

12 decided of 12

Ppg Industries leads on 6 of the 12 questions below (Ppg Industries 6, Commercial Metals 5, Amrize 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMRZCMCPPGLeader
Larger companyMarket capitalisation $22.02B $7.08B $26.19B PPG
Cheaper on earningsLower P/E, profitable companies only 18.2x 10.8x 16.8x CMC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.6x 9.9x 14.5x CMC
Faster revenue growthRevenue growth, trailing twelve months +5.1% +20.5% +6.4% CMC
More profitableNet margin, trailing twelve months 10.0% 7.0% 9.4% AMRZ
Better return on capitalReturn on invested capital 7.7% -79.6% 11.1% PPG
Less leveragedLower net debt / EBITDA 1.8x -0.4x 1.9x CMC
Higher dividend yieldTrailing dividend yield 1.65% 1.50% 2.42% PPG
Better 1-year returnPrice return, last 12 months -20.6% +6.1% +12.6% PPG
Better 5-year returnAnnualised price return, 5 years — +14.8%/yr -5.9%/yr CMC
Less volatileAnnualised volatility, 1 year 37.1% 35.6% 31.0% PPG
Higher overall scoreMean of the five percentile scores vs peers 51/100 55/100 67/100 PPG

Percentile Scorecard

AMRZCMCPPG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMRZCMCPPG
Valuation 56 #5 of 10 77 #38 of 162 60 #38 of 94
Growth – 56 #66 of 147 71 #27 of 91
Profitability 14 #7 of 8 50 #61 of 122 83 #15 of 84
Financial Health 63 #4 of 9 18 #135 of 164 51 #47 of 94
Shareholder Returns 71 #3 of 8 73 #30 of 107 71 #21 of 69
Overall 51 55 67
  • AMRZ ranked among 10 companies in Construction Materials
  • CMC ranked among 176 companies in Metals and Mining
  • PPG ranked among 99 companies in Chemicals

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMRZCMCPPGSPY
1 month +5.3%-0.5%+10.9% +0.9%
3 months -19.0%-5.8%+6.0% +5.9%
6 months -29.5%-3.7%+13.3% +8.5%
Year to date -25.9%-7.3%+15.7% +13.3%
1 year -20.6%+6.1%+12.6% +12.4%
3 years —+53.5%-1.8% +88.1%
3 years, per year —+15.4%-0.6% +23.5%
5 years —+99.4%-26.2% +68.2%
5 years, per year —+14.8%-5.9% +11.0%
10 years —+314.5%+27.7% +263.4%
10 years, per year —+15.3%+2.5% +13.8%

Risk

MeasureAMRZCMCPPGSPY
Volatility, 1Y 37.1%35.6%31.0% 12.7%
Downside volatility, 1Y 37.5%35.3%31.4% 12.7%
Beta vs S&P 500, 1Y 1.311.371.05 1.00
Return / volatility, 1Y -0.560.170.41 0.98
Max drawdown, 5Y -45.2%-38.1%-47.0% -25.4%
From 52-week high -39.2%-22.9%-9.9% -0.9%
52-week high $65.86$83.21$131.56 $779.14
52-week low $36.09$56.52$94.34 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMRZCMCPPG
P/E now vs peer median 18.2xmedian 20.1x 10.8xmedian 13.4x 16.8xmedian 22.0x
P/S now vs peer median 1.8xmedian 1.8x 0.8xmedian 3.2x 1.6xmedian 1.4x
EV/EBITDA now vs peer median 9.5xmedian 9.4x -1.5xmedian 7.3x 11.3xmedian 12.4x
P/FCF now vs peer median 16.8xmedian 31.4x 14.8xmedian 14.8x 20.4xmedian 15.5x
P/B now vs peer median 1.7xmedian 2.3x 1.5xmedian 2.3x 3.0xmedian 1.7x
PEG now vs peer median —median 2.86 -1.59median 0.31 2.99median 1.84

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMRZCMCPPG
Revenue $12.19B $9.39B $16.69B
Gross profit $3.05B $1.75B $6.83B
Operating income $1.89B -$6.93B $2.24B
Net income $1.22B $655.85M $1.57B
Free cash flow $1.31B $479.12M $1.28B
R&D – – $458.00M
EPS (diluted) $2.20 $5.86 $7.03
Cash & equivalents $729.00M – $1.59B
Total debt $6.00B $3.41B $6.84B
Shares (diluted) 553.60M 111.86M 223.20M
Enterprise value $17.43B $6.30B $19.26B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMRZCMCPPG
P/E 18.2x 10.8x 16.8x
P/FCF 16.8x 14.8x 20.4x
P/Operating cash flow 10.1x 6.7x 12.8x
P/S 1.8x 0.8x 1.6x
P/B 1.7x 1.5x 3.0x
P/Tangible book 2.0x 1.7x 3.9x
EV/EBITDA 9.5x -1.5x 11.3x
EV/EBIT 14.4x -1.4x 14.0x
EV/Revenue 2.2x 1.0x 1.9x
EV/FCF 20.8x 20.3x 24.5x
EV/Operating cash flow 12.6x 9.2x 15.3x
PEG (3Y EPS CAGR) – -1.59 2.99

Growth

14 metrics
MetricAMRZCMCPPG
Revenue growth (1Y) 5.1% 20.5% 6.4%
Revenue CAGR (3Y) – 2.2% 1.3%
Gross profit growth (1Y) 1.7% 43.6% 5.4%
Gross profit CAGR (3Y) – -1.1% 2.6%
Operating income growth (1Y) -6.9% -7.1% 4.1%
Operating income CAGR (3Y) – -5.7% 1.4%
Net income growth (1Y) 4.5% 674.7% 59.8%
Net income CAGR (3Y) – -8.6% 2.9%
EPS growth (1Y) 4.1% 690.1% 60.0%
EPS CAGR (3Y) – -6.8% 5.6%
Operating cash flow growth (1Y) 13.9% 48.1% 46.2%
Operating cash flow CAGR (3Y) – -7.6% -1.4%
Free cash flow growth (1Y) 13.7% 53.4% 79.3%
Free cash flow CAGR (3Y) – -13.4% -7.8%

Profitability

14 metrics
MetricAMRZCMCPPG
Gross margin 25.0% 18.6% 40.9%
EBITDA margin 23.5% -69.6% 16.6%
Operating margin 15.5% -73.8% 13.4%
Pretax margin 12.7% 7.6% 12.6%
Net margin 10.0% 7.0% 9.4%
FCF margin 10.8% 5.1% 7.7%
Operating cash flow margin 17.8% 11.3% 12.3%
Return on equity 9.4% 14.2% 18.5%
Return on assets 5.0% 6.5% 7.0%
Return on invested capital 7.7% -79.6% 11.1%
Return on capital employed 9.3% -82.5% 12.9%
Asset turnover 0.5x 0.9x 0.7x
Cash conversion (OCF / net income) 1.8x 1.6x 1.3x
Stock comp / revenue 0.3% 0.5% 0.3%

Financial Health

11 metrics
MetricAMRZCMCPPG
Debt / assets 24.4% 33.2% 30.3%
Debt / equity 0.5x 0.7x 0.8x
Net debt / EBITDA 1.8x -0.4x 1.9x
Debt / FCF 4.6x 7.1x 5.3x
Liabilities / assets 47.7% 54.2% 61.8%
Equity / assets 52.3% 45.8% 38.2%
Interest coverage – -48.4x 8.7x
Current ratio 1.1x 2.3x 1.6x
Quick ratio 0.7x 1.4x 1.1x
Cash ratio 0.2x 0.5x 0.3x
Altman Z-score 1.95 0.40 3.83

Shareholder Returns

7 metrics
MetricAMRZCMCPPG
Dividend yield 1.6% 1.5% 2.4%
Net buyback yield – 1.5% 1.6%
Shareholder yield 1.6% 2.9% 4.0%
Payout ratio (earnings) – 12.8% 40.8%
Payout ratio (FCF) – 17.6% 50.1%
Dividend growth (1Y) – 3.5% 2.4%
Dividend CAGR (3Y) – 4.0% 2.9%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMRZCMCPPG
Forward P/E 17.6xFY2026 9.9xFY2027 14.5xFY2026
EPS, next fiscal year $2.28FY2026 $6.49FY2027 $8.18FY2026
EPS growth, next FY +6.5%FY2026 -4.8%FY2027 +7.9%FY2026
EPS growth, the year after +24.1% +10.9% +10.6%
Revenue, next fiscal year $13.11BFY2026 $9.59BFY2027 $17.59BFY2026
Revenue growth, next FY +11.0%FY2026 +2.1%FY2027 +10.7%FY2026
Revenue growth, the year after -6.0% +4.9% -6.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMRZCMCPPG
Held by institutions 46.6% 93.1% 90.3%
Institutions holding 462 520 1,096
Change in shares held, QoQ +7.5% +0.2% +0.1%
Institutions buying 289 262 520
Institutions selling 128 175 356
Buyers to sellers 2.26 1.50 1.46

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMRZCMCPPG
AMRZ 1.00 0.39 0.57
CMC 0.39 1.00 0.50
PPG 0.57 0.50 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMRZ, CMC and PPG?

Ppg Industries (PPG) is the largest by market capitalisation: Amrize (AMRZ) $22.02B, Commercial Metals (CMC) $7.08B, Ppg Industries (PPG) $26.19B.

Which stock is cheaper, AMRZ, CMC and PPG?

Commercial Metals (CMC) trades on the lowest price-to-earnings ratio (Amrize (AMRZ) 18.2x, Commercial Metals (CMC) 10.8x, Ppg Industries (PPG) 16.8x). On next year's consensus earnings, Commercial Metals (CMC) is cheapest (Amrize (AMRZ) 17.6x, Commercial Metals (CMC) 9.9x, Ppg Industries (PPG) 14.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Commercial Metals (CMC) grew revenue fastest over the trailing twelve months: Amrize (AMRZ) +5.1%, Commercial Metals (CMC) +20.5%, Ppg Industries (PPG) +6.4%.

Which company is more profitable?

Amrize (AMRZ) has the highest net margin (Amrize (AMRZ) 10.0%, Commercial Metals (CMC) 7.0%, Ppg Industries (PPG) 9.4%). On return on invested capital, Ppg Industries (PPG) leads (Amrize (AMRZ) 7.7%, Commercial Metals (CMC) -79.6%, Ppg Industries (PPG) 11.1%).

Which stock has performed better?

Over the past year Ppg Industries (PPG) returned the most: Amrize (AMRZ) -20.6%, Commercial Metals (CMC) +6.1%, Ppg Industries (PPG) +12.6%. Over five years, Commercial Metals (CMC) compounded fastest (Commercial Metals (CMC) +14.8%/yr, Ppg Industries (PPG) -5.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Ppg Industries (PPG) has the highest dividend yield: Amrize (AMRZ) 1.65%, Commercial Metals (CMC) 1.50%, Ppg Industries (PPG) 2.42%.

Which stock is riskier?

By one-year price volatility, Ppg Industries (PPG) has been the steadiest (Amrize (AMRZ) 37.1%, Commercial Metals (CMC) 35.6%, Ppg Industries (PPG) 31.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMRZ, CMC and PPG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ppg Industries (PPG) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.