DOW vs KRO vs PPG Stock Comparison

Dow, Kronos Worldwide and Ppg Industries Prices as of Oct 26, 2026 Peers: Industry group
DOW Dow Inc.
$33.99 +21.3% 1M +37.0% 1Y
Market cap
$24.49B
P/E
–
Revenue (TTM)
$42.61B
Div. yield
0.04%
Commodity Chemicals Basic Materials
2 wins
KRO Kronos Worldwide Inc
$7.60 -7.9% 1M +53.5% 1Y
Market cap
$886.27M
P/E
–
Revenue (TTM)
$1.94B
Div. yield
0.03%
Commodity Chemicals Basic Materials
1 win
PPG Ppg Industries Inc
$109.88 +2.2% 1M +6.2% 1Y
Market cap
$25.29B
P/E
16.1x
Revenue (TTM)
$16.42B
Div. yield
0.02%
Paints and Coatings Basic Materials
8 wins

Head to Head

11 decided of 12

Ppg Industries leads on 8 of the 12 questions below (Ppg Industries 8, Dow 2, Kronos Worldwide 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDOWKROPPGLeader
Larger companyMarket capitalisation $24.49B $886.27M $25.29B PPG
Cheaper on earningsLower P/E, profitable companies only -27.3x -8.1x 16.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.7x 20.0x 13.4x DOW
Faster revenue growthRevenue growth, trailing twelve months +4.2% +2.7% +5.0% PPG
More profitableNet margin, trailing twelve months -2.1% -5.6% 9.6% PPG
Better return on capitalReturn on invested capital 2.0% -2.4% 10.9% PPG
Less leveragedLower net debt / EBITDA 3.9x 17.7x 1.9x PPG
Higher dividend yieldTrailing dividend yield 0.04% 0.03% 0.02% DOW
Better 1-year returnPrice return, last 12 months +37.0% +53.5% +6.2% KRO
Better 5-year returnAnnualised price return, 5 years -9.5%/yr -10.1%/yr -7.4%/yr PPG
Less volatileAnnualised volatility, 1 year 41.8% 59.2% 30.6% PPG
Higher overall scoreMean of the five percentile scores vs peers 52/100 42/100 68/100 PPG

Percentile Scorecard

DOWKROPPG

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

AxisDOWKROPPG
Valuation 81 #19 of 94 70 #29 of 94 66 #33 of 94
Growth 60 #37 of 92 37 #58 of 92 74 #25 of 92
Profitability 47 #48 of 89 28 #64 of 89 86 #13 of 89
Financial Health 32 #66 of 97 38 #61 of 97 47 #52 of 97
Shareholder Returns 39 #43 of 70 36 #45 of 70 68 #23 of 70
Overall 52 42 68
  • DOW ranked among 99 companies in Chemicals
  • KRO ranked among 99 companies in Chemicals
  • PPG ranked among 99 companies in Chemicals

Price Performance

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

Returns

PeriodDOWKROPPGSPY
1 month +21.3%-7.9%+2.2% -0.8%
3 months +18.2%+24.0%-7.2% +3.5%
6 months -10.8%+4.4%-0.4% +7.0%
Year to date +45.4%+71.9%+7.2% +12.2%
1 year +37.0%+53.5%+6.2% +13.0%
3 years -29.3%+14.3%-9.0% +86.3%
3 years, per year -10.9%+4.6%-3.1% +23.1%
5 years -39.3%-41.3%-32.0% +68.6%
5 years, per year -9.5%-10.1%-7.4% +11.0%
10 years —-3.3%+18.8% +258.0%
10 years, per year —-0.3%+1.7% +13.6%

Risk

MeasureDOWKROPPGSPY
Volatility, 1Y 41.8%59.2%30.6% 12.7%
Downside volatility, 1Y 38.1%47.7%31.3% 12.7%
Beta vs S&P 500, 1Y -0.331.261.04 1.00
Return / volatility, 1Y 0.880.900.20 1.02
Max drawdown, 5Y -70.8%-77.9%-47.0% -25.4%
From 52-week high -18.8%-14.7%-16.5% -1.8%
52-week high $41.87$8.91$131.56 $779.14
52-week low $20.95$4.33$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.

MultipleDOWKROPPG
P/E now vs peer median -27.5xmedian 21.6x -8.0xmedian 21.6x 15.6xmedian 21.6x
P/S now vs peer median 0.6xmedian 1.4x 0.5xmedian 1.4x 1.5xmedian 1.4x
EV/EBITDA now vs peer median 10.9xmedian 12.4x 46.3xmedian 12.4x 11.0xmedian 12.4x
P/FCF now vs peer median 11.6xmedian 15.8x 13.2xmedian 15.8x 17.4xmedian 15.8x
P/B now vs peer median 1.4xmedian 1.6x 1.2xmedian 1.6x 2.8xmedian 1.6x
PEG now vs peer median 0.71median 1.66 0.19median 1.66 1.94median 1.66

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 monthsDOWKROPPG
Revenue $42.61B $1.94B $16.42B
Gross profit $4.73B $229.50M $6.72B
Operating income $720.00M -$32.10M $2.18B
Net income -$595.00M -$109.40M $1.57B
Free cash flow $2.11B $66.50M $1.41B
R&D $741.00M – $458.00M
EPS (diluted) $-1.23 $-0.95 $7.02
Cash & equivalents $4.14B $26.60M $1.52B
Total debt $17.54B $569.60M $6.89B
Shares (diluted) 727.40M 115.10M 223.90M
Enterprise value $8.44B $773.07M $17.94B

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
MetricDOWKROPPG
P/E -27.5x -8.0x 15.6x
P/FCF 11.6x 13.2x 17.4x
P/Operating cash flow 5.4x 10.1x 11.3x
P/S 0.6x 0.5x 1.5x
P/B 1.4x 1.2x 2.8x
P/Tangible book 1.5x 1.2x 3.7x
EV/EBITDA 10.9x 46.3x 11.0x
EV/EBIT 52.8x -44.2x 13.7x
EV/Revenue 0.9x 0.7x 1.8x
EV/FCF 18.0x 21.3x 21.1x
EV/Operating cash flow 8.3x 16.4x 13.7x
PEG (3Y EPS CAGR) 0.71 0.19 1.94

Growth

14 metrics
MetricDOWKROPPG
Revenue growth (1Y) 4.2% 2.7% 5.0%
Revenue CAGR (3Y) -2.4% 5.1% 1.2%
Gross profit growth (1Y) 62.1% -35.8% 3.8%
Gross profit CAGR (3Y) -2.5% 5.4% 3.4%
Operating income growth (1Y) 685.4% -128.3% 1.6%
Operating income CAGR (3Y) -30.9% -32.2% 3.1%
Net income growth (1Y) 40.6% -262.1% 56.2%
Net income CAGR (3Y) -34.3% -69.9% 5.5%
EPS growth (1Y) 21.6% -261.9% 58.1%
EPS CAGR (3Y) -38.7% -43.1% 8.0%
Operating cash flow growth (1Y) 190.9% 2,202% 50.0%
Operating cash flow CAGR (3Y) -6.5% 58.1% 7.2%
Free cash flow growth (1Y) 279.8% 236.6% 85.4%
Free cash flow CAGR (3Y) -13.8% 37.5% 2.9%

Profitability

14 metrics
MetricDOWKROPPG
Gross margin 11.1% 11.8% 40.9%
EBITDA margin 8.2% 1.6% 16.5%
Operating margin 1.7% -1.7% 13.3%
Pretax margin -1.0% -5.0% 12.4%
Net margin -2.1% -5.6% 9.6%
FCF margin 5.0% 3.4% 8.6%
Operating cash flow margin 10.8% 4.4% 13.2%
Return on equity -3.4% -14.6% 18.8%
Return on assets -1.0% -6.2% 7.1%
Return on invested capital 2.0% -2.4% 10.9%
Return on capital employed 1.4% -2.2% 12.7%
Asset turnover 0.7x 1.1x 0.7x
Cash conversion (OCF / net income) -7.7x -0.8x 1.4x
Stock comp / revenue – – 0.2%

Financial Health

11 metrics
MetricDOWKROPPG
Debt / assets 28.8% 32.7% 30.6%
Debt / equity 1.0x 0.8x 0.8x
Net debt / EBITDA 3.9x 17.7x 1.9x
Debt / FCF 8.3x 8.6x 4.9x
Liabilities / assets 71.1% 56.9% 61.9%
Equity / assets 28.9% 43.1% 38.1%
Interest coverage 0.8x -0.6x 8.5x
Current ratio 1.8x 3.3x 1.6x
Quick ratio 1.0x 1.5x 1.1x
Cash ratio 0.4x 0.1x 0.3x
Altman Z-score 1.63 1.76 3.72

Shareholder Returns

7 metrics
MetricDOWKROPPG
Dividend yield 4.1% 2.6% 2.6%
Net buyback yield – – 1.7%
Shareholder yield 4.1% 2.6% 4.4%
Payout ratio (earnings) -169.6% -21.0% 40.2%
Payout ratio (FCF) 47.7% 34.6% 44.8%
Dividend growth (1Y) -41.7% 0.0% 1.9%
Dividend CAGR (3Y) -20.1% -36.0% 3.0%

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.

ConsensusDOWKROPPG
Forward P/E 12.7xFY2026 20.0xFY2026 13.4xFY2026
EPS, next fiscal year $2.67FY2026 $0.38FY2026 $8.18FY2026
EPS growth, next FY – – +7.9%FY2026
EPS growth, the year after -33.3% +63.2% +10.6%
Revenue, next fiscal year $41.26BFY2026 $2.13BFY2026 $17.59BFY2026
Revenue growth, next FY +3.2%FY2026 +14.3%FY2026 +10.7%FY2026
Revenue growth, the year after +9.6% -4.3% -6.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDOWKROPPG
Held by institutions 77.8% 16.0% 90.3%
Institutions holding 1,208 130 1,095
Change in shares held, QoQ +9.9% +4.6% +0.1%
Institutions buying 548 74 519
Institutions selling 451 34 356
Buyers to sellers 1.22 2.18 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.

DOWKROPPG
DOW 1.00 0.34 -0.08
KRO 0.34 1.00 0.30
PPG -0.08 0.30 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DOW, KRO and PPG?

Ppg Industries (PPG) is the largest by market capitalisation: Dow (DOW) $24.49B, Kronos Worldwide (KRO) $886.27M, Ppg Industries (PPG) $25.29B.

Which company is growing faster?

Ppg Industries (PPG) grew revenue fastest over the trailing twelve months: Dow (DOW) +4.2%, Kronos Worldwide (KRO) +2.7%, Ppg Industries (PPG) +5.0%.

Which company is more profitable?

Ppg Industries (PPG) has the highest net margin (Dow (DOW) -2.1%, Kronos Worldwide (KRO) -5.6%, Ppg Industries (PPG) 9.6%). On return on invested capital, Ppg Industries (PPG) leads (Dow (DOW) 2.0%, Kronos Worldwide (KRO) -2.4%, Ppg Industries (PPG) 10.9%).

Which stock has performed better?

Over the past year Kronos Worldwide (KRO) returned the most: Dow (DOW) +37.0%, Kronos Worldwide (KRO) +53.5%, Ppg Industries (PPG) +6.2%. Over five years, Ppg Industries (PPG) compounded fastest (Dow (DOW) -9.5%/yr, Kronos Worldwide (KRO) -10.1%/yr, Ppg Industries (PPG) -7.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Dow (DOW) has the highest dividend yield: Dow (DOW) 0.04%, Kronos Worldwide (KRO) 0.03%, Ppg Industries (PPG) 0.02%.

Which stock is riskier?

By one-year price volatility, Ppg Industries (PPG) has been the steadiest (Dow (DOW) 41.8%, Kronos Worldwide (KRO) 59.2%, Ppg Industries (PPG) 30.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DOW, KRO 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 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.