AMRZ vs PPG vs VMC Stock Comparison

Amrize, Ppg Industries and Vulcan Materials Prices as of Oct 29, 2026 Peers: Industry group
1 more company in this comparison (SID) Create a free account to keep reading and compare up to 10 companies.
AMRZ Amrize Ltd
$41.61 +10.3% 1M -21.3% 1Y
Market cap
$22.45B
P/E
17.9x
Revenue (TTM)
$12.26B
Div. yield
–
Cement Basic Materials
PPG Ppg Industries Inc
$120.05 +13.3% 1M +21.1% 1Y
Market cap
$26.56B
P/E
16.9x
Revenue (TTM)
$16.69B
Div. yield
0.02%
Paints and Coatings Basic Materials
8 wins
VMC Vulcan Materials CO
$280.27 +15.5% 1M -5.0% 1Y
Market cap
$36.25B
P/E
32.9x
Revenue (TTM)
$8.01B
Div. yield
0.01%
Aggregates Basic Materials
4 wins

Head to Head

12 decided of 12

Ppg Industries leads on 8 of the 12 questions below (Ppg Industries 8, Vulcan Materials 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMRZPPGVMCLeader
Larger companyMarket capitalisation $22.45B $26.56B $36.25B VMC
Cheaper on earningsLower P/E, profitable companies only 17.9x 16.9x 32.9x PPG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.3x 14.7x 29.9x PPG
Faster revenue growthRevenue growth, trailing twelve months +3.5% +6.4% +1.6% PPG
More profitableNet margin, trailing twelve months 10.2% 9.4% 13.8% VMC
Better return on capitalReturn on invested capital 8.0% 11.1% 9.8% PPG
Less leveragedLower net debt / EBITDA 1.9x 1.9x 2.0x PPG
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.01% PPG
Better 1-year returnPrice return, last 12 months -21.3% +21.1% -5.0% PPG
Better 5-year returnAnnualised price return, 5 years — -5.7%/yr +8.1%/yr VMC
Less volatileAnnualised volatility, 1 year 37.0% 30.4% 29.6% VMC
Higher overall scoreMean of the five percentile scores vs peers 63/100 65/100 36/100 PPG

Percentile Scorecard

AMRZPPGVMC

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

AxisAMRZPPGVMC
Valuation 56 #5 of 10 60 #38 of 94 0 #10 of 10
Growth – 68 #30 of 92 –
Profitability – 84 #15 of 86 –
Financial Health 63 #4 of 9 45 #52 of 93 50 #5 of 9
Shareholder Returns 71 #3 of 8 70 #22 of 71 57 #4 of 8
Overall 63 65 36
  • AMRZ ranked among 10 companies in Construction Materials
  • PPG ranked among 99 companies in Chemicals
  • VMC ranked among 10 companies in Construction Materials

Price Performance

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

Returns

PeriodAMRZPPGVMCSPY
1 month +10.3%+13.3%+15.5% +0.7%
3 months -16.1%+7.1%+3.3% +3.7%
6 months -22.6%+10.6%-7.1% +7.1%
Year to date -23.1%+17.2%-1.7% +12.8%
1 year -21.3%+21.1%-5.0% +11.9%
3 years —-1.5%+43.0% +85.2%
3 years, per year —-0.5%+12.7% +22.8%
5 years —-25.2%+47.4% +67.6%
5 years, per year —-5.7%+8.1% +10.9%
10 years —+29.3%+149.0% +262.0%
10 years, per year —+2.6%+9.6% +13.7%

Risk

MeasureAMRZPPGVMCSPY
Volatility, 1Y 37.0%30.4%29.6% 12.7%
Downside volatility, 1Y 37.5%30.2%32.0% 12.6%
Beta vs S&P 500, 1Y 1.301.050.80 1.00
Return / volatility, 1Y -0.570.69-0.17 0.94
Max drawdown, 5Y -45.2%-47.0%-32.8% -25.4%
From 52-week high -36.8%-8.7%-15.2% -1.2%
52-week high $65.86$131.56$330.37 $779.14
52-week low $36.09$94.34$240.82 $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.

MultipleAMRZPPGVMC
P/E now vs peer median 18.1xmedian 20.7x 17.0xmedian 21.0x 32.8xmedian 20.7x
P/S now vs peer median 1.8xmedian 1.8x 1.6xmedian 1.4x 4.5xmedian 1.8x
EV/EBITDA now vs peer median 9.6xmedian 9.7x 11.5xmedian 12.9x 17.3xmedian 9.7x
P/FCF now vs peer median 20.8xmedian 32.9x 20.7xmedian 15.5x 46.0xmedian 32.9x
P/B now vs peer median 1.7xmedian 2.4x 3.1xmedian 1.7x 4.3xmedian 2.4x
PEG now vs peer median —median 3.42 3.03median 1.68 2.89median 3.42

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 monthsAMRZPPGVMC
Revenue $12.26B $16.69B $8.01B
Gross profit $3.05B $6.83B $2.20B
Operating income $1.90B $2.24B $1.62B
Net income $1.26B $1.57B $1.11B
Free cash flow $1.08B $1.28B $781.20M
R&D – $458.00M –
EPS (diluted) $2.30 $7.03 $8.52
Cash & equivalents $299.00M $1.59B $106.60M
Total debt $5.85B $6.84B $4.68B
Shares (diluted) 545.50M 223.20M 129.50M
Enterprise value $18.40B $19.49B $35.63B

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
MetricAMRZPPGVMC
P/E 18.1x 17.0x 32.8x
P/FCF 20.8x 20.7x 46.0x
P/Operating cash flow 11.1x 13.0x 23.7x
P/S 1.8x 1.6x 4.5x
P/B 1.7x 3.1x 4.3x
P/Tangible book 2.0x 3.9x 5.2x
EV/EBITDA 9.6x 11.5x 17.3x
EV/EBIT 14.7x 14.2x 24.9x
EV/Revenue 2.3x 1.9x 5.1x
EV/FCF 25.9x 24.7x 51.8x
EV/Operating cash flow 13.9x 15.5x 26.8x
PEG (3Y EPS CAGR) – 3.03 2.89

Growth

14 metrics
MetricAMRZPPGVMC
Revenue growth (1Y) 3.5% 6.4% 1.6%
Revenue CAGR (3Y) – 1.3% 1.4%
Gross profit growth (1Y) 0.0% 5.4% -1.1%
Gross profit CAGR (3Y) – 2.6% 6.4%
Operating income growth (1Y) -3.5% 4.1% -1.0%
Operating income CAGR (3Y) – 1.4% 9.2%
Net income growth (1Y) 8.7% 59.8% -1.1%
Net income CAGR (3Y) – 2.9% 10.2%
EPS growth (1Y) 10.0% 60.0% 1.2%
EPS CAGR (3Y) – 5.6% 11.3%
Operating cash flow growth (1Y) -6.1% 46.2% -11.5%
Operating cash flow CAGR (3Y) – -1.4% 1.3%
Free cash flow growth (1Y) -24.4% 79.3% -25.9%
Free cash flow CAGR (3Y) – -7.8% 7.6%

Profitability

14 metrics
MetricAMRZPPGVMC
Gross margin 24.8% 40.9% 27.5%
EBITDA margin 23.6% 16.6% 29.2%
Operating margin 15.5% 13.4% 20.3%
Pretax margin 12.8% 12.6% 17.6%
Net margin 10.2% 9.4% 13.8%
FCF margin 8.8% 7.7% 9.8%
Operating cash flow margin 16.4% 12.3% 18.9%
Return on equity 9.8% 18.5% 13.1%
Return on assets 5.1% 7.0% 6.7%
Return on invested capital 8.0% 11.1% 9.8%
Return on capital employed 9.3% 12.9% 10.7%
Asset turnover 0.5x 0.7x 0.5x
Cash conversion (OCF / net income) 1.6x 1.3x 1.4x
Stock comp / revenue 0.3% 0.3% 0.6%

Financial Health

11 metrics
MetricAMRZPPGVMC
Debt / assets 24.0% 30.3% 28.0%
Debt / equity 0.5x 0.8x 0.6x
Net debt / EBITDA 1.9x 1.9x 2.0x
Debt / FCF 5.4x 5.3x 6.0x
Liabilities / assets 47.6% 61.8% 49.5%
Equity / assets 52.4% 38.2% 50.5%
Interest coverage – 8.7x 7.2x
Current ratio 1.1x 1.6x 1.4x
Quick ratio 0.6x 1.1x 0.8x
Cash ratio 0.1x 0.3x 0.1x
Altman Z-score 2.02 3.84 3.91

Shareholder Returns

7 metrics
MetricAMRZPPGVMC
Dividend yield 1.6% 2.4% 0.7%
Net buyback yield – 1.6% 3.2%
Shareholder yield 1.6% 4.0% 3.9%
Payout ratio (earnings) – 40.8% 24.1%
Payout ratio (FCF) – 50.1% 34.1%
Dividend growth (1Y) – 2.4% 4.1%
Dividend CAGR (3Y) – 2.9% 5.9%

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.

ConsensusAMRZPPGVMC
Forward P/E 18.3xFY2026 14.7xFY2026 29.9xFY2026
EPS, next fiscal year $2.28FY2026 $8.18FY2026 $9.37FY2026
EPS growth, next FY +6.5%FY2026 +7.9%FY2026 +17.1%FY2026
EPS growth, the year after +24.1% +10.6% +11.5%
Revenue, next fiscal year $13.11BFY2026 $17.59BFY2026 $8.31BFY2026
Revenue growth, next FY +11.0%FY2026 +10.7%FY2026 +4.6%FY2026
Revenue growth, the year after -6.0% -6.7% -1.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMRZPPGVMC
Held by institutions 46.6% 90.3% 98.5%
Institutions holding 462 1,097 1,061
Change in shares held, QoQ +7.5% +0.1% +3.6%
Institutions buying 289 521 527
Institutions selling 128 356 363
Buyers to sellers 2.26 1.46 1.45

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.

AMRZPPGVMC
AMRZ 1.00 0.57 0.62
PPG 0.57 1.00 0.57
VMC 0.62 0.57 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMRZ, PPG and VMC?

Vulcan Materials (VMC) is the largest by market capitalisation: Amrize (AMRZ) $22.45B, Ppg Industries (PPG) $26.56B, Vulcan Materials (VMC) $36.25B.

Which stock is cheaper, AMRZ, PPG and VMC?

Ppg Industries (PPG) trades on the lowest price-to-earnings ratio (Amrize (AMRZ) 17.9x, Ppg Industries (PPG) 16.9x, Vulcan Materials (VMC) 32.9x). On next year's consensus earnings, Ppg Industries (PPG) is cheapest (Amrize (AMRZ) 18.3x, Ppg Industries (PPG) 14.7x, Vulcan Materials (VMC) 29.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ppg Industries (PPG) grew revenue fastest over the trailing twelve months: Amrize (AMRZ) +3.5%, Ppg Industries (PPG) +6.4%, Vulcan Materials (VMC) +1.6%.

Which company is more profitable?

Vulcan Materials (VMC) has the highest net margin (Amrize (AMRZ) 10.2%, Ppg Industries (PPG) 9.4%, Vulcan Materials (VMC) 13.8%). On return on invested capital, Ppg Industries (PPG) leads (Amrize (AMRZ) 8.0%, Ppg Industries (PPG) 11.1%, Vulcan Materials (VMC) 9.8%).

Which stock has performed better?

Over the past year Ppg Industries (PPG) returned the most: Amrize (AMRZ) -21.3%, Ppg Industries (PPG) +21.1%, Vulcan Materials (VMC) -5.0%. Over five years, Vulcan Materials (VMC) compounded fastest (Ppg Industries (PPG) -5.7%/yr, Vulcan Materials (VMC) +8.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Ppg Industries (PPG) has the highest dividend yield: Amrize (AMRZ) 0.00%, Ppg Industries (PPG) 0.02%, Vulcan Materials (VMC) 0.01%. Amrize (AMRZ) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Vulcan Materials (VMC) has been the steadiest (Amrize (AMRZ) 37.0%, Ppg Industries (PPG) 30.4%, Vulcan Materials (VMC) 29.6%). Volatility measures how widely the price swings, not the risk of the business.

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

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 8. 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.