PPG vs RPM vs ITW Stock Comparison

Ppg Industries, Rpm International and Illinois Tool Works Prices as of Nov 2, 2026 Peers: Industry group
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PPG Ppg Industries Inc
$124.92 +18.8% 1M +27.8% 1Y
Market cap
$28.49B
P/E
18.1x
Revenue (TTM)
$16.69B
Div. yield
0.02%
Paints and Coatings Basic Materials
6 wins
ITW Illinois Tool Works Inc
$290.11 +10.3% 1M +18.9% 1Y
Market cap
$83.91B
P/E
26.0x
Revenue (TTM)
$16.65B
Div. yield
0.02%
Industrial Machinery Industrials
6 wins

Head to Head

12 decided of 12

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

QuestionPPGRPMITWLeader
Larger companyMarket capitalisation $28.49B $13.97B $83.91B ITW
Cheaper on earningsLower P/E, profitable companies only 18.1x 20.2x 26.0x PPG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.8x 18.9x 26.9x PPG
Faster revenue growthRevenue growth, trailing twelve months +6.4% +6.0% +4.8% PPG
More profitableNet margin, trailing twelve months 9.4% 8.7% 19.4% ITW
Better return on capitalReturn on invested capital 11.1% 12.5% 27.1% ITW
Less leveragedLower net debt / EBITDA 1.9x 1.8x 1.8x ITW
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.02% PPG
Better 1-year returnPrice return, last 12 months +27.8% -1.4% +18.9% PPG
Better 5-year returnAnnualised price return, 5 years -5.2%/yr +4.0%/yr +4.8%/yr ITW
Less volatileAnnualised volatility, 1 year 30.6% 30.3% 21.7% ITW
Higher overall scoreMean of the five percentile scores vs peers 64/100 62/100 48/100 PPG

Percentile Scorecard

PPGRPMITW

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

AxisPPGRPMITW
Valuation 53 #45 of 94 50 #48 of 94 25 #152 of 203
Growth 70 #28 of 92 69 #29 of 92 32 #128 of 189
Profitability 84 #15 of 89 88 #12 of 89 100 #2 of 187
Financial Health 47 #52 of 97 54 #45 of 97 27 #162 of 221
Shareholder Returns 66 #25 of 72 51 #36 of 72 58 #64 of 152
Overall 64 62 48
  • PPG ranked among 99 companies in Chemicals
  • RPM ranked among 99 companies in Chemicals
  • ITW ranked among 223 companies in Machinery

Price Performance

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

Returns

PeriodPPGRPMITWSPY
1 month +18.8%+8.6%+10.3% -2.3%
3 months +9.6%-3.3%+0.6% -0.7%
6 months +20.0%+9.7%+15.3% +4.8%
Year to date +21.9%+3.6%+17.8% +10.3%
1 year +27.8%-1.4%+18.9% +10.3%
3 years -2.6%+11.9%+24.5% +73.0%
3 years, per year -0.9%+3.8%+7.6% +20.1%
5 years -23.3%+21.4%+26.5% +61.9%
5 years, per year -5.2%+4.0%+4.8% +10.1%
10 years +35.2%+130.5%+155.8% +258.6%
10 years, per year +3.1%+8.7%+9.8% +13.6%

Risk

MeasurePPGRPMITWSPY
Volatility, 1Y 30.6%30.3%21.7% 12.8%
Downside volatility, 1Y 30.0%26.2%20.8% 12.8%
Beta vs S&P 500, 1Y 1.020.910.47 1.00
Return / volatility, 1Y 0.91-0.050.87 0.80
Max drawdown, 5Y -47.0%-33.5%-28.9% -25.4%
From 52-week high -5.0%-10.3%-3.2% -3.5%
52-week high $131.56$120.17$299.60 $779.14
52-week low $94.34$93.23$241.07 $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.

MultiplePPGRPMITW
P/E now vs peer median 17.7xmedian 20.8x 19.8xmedian 20.8x 25.6xmedian 25.6x
P/S now vs peer median 1.7xmedian 1.4x 1.7xmedian 1.4x 5.0xmedian 1.9x
EV/EBITDA now vs peer median 11.8xmedian 12.6x 13.5xmedian 12.6x 18.8xmedian 14.4x
P/FCF now vs peer median 21.5xmedian 15.5x 19.5xmedian 15.5x 28.7xmedian 22.5x
P/B now vs peer median 3.2xmedian 1.7x 4.0xmedian 1.7x 26.2xmedian 2.2x
PEG now vs peer median 3.15median 1.78 1.80median 1.78 8.84median 1.36

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 monthsPPGRPMITW
Revenue $16.69B $7.97B $16.65B
Gross profit $6.83B $3.28B $7.38B
Operating income $2.24B $961.65M $4.43B
Net income $1.57B $691.27M $3.23B
Free cash flow $1.28B $705.58M $2.87B
R&D $458.00M – –
EPS (diluted) $7.03 $5.42 $11.31
Cash & equivalents $1.59B $312.84M $809.00M
Total debt $6.84B $2.41B $9.37B
Shares (diluted) 223.20M 127.24M 285.30M
Enterprise value $21.41B $12.73B $80.58B

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
MetricPPGRPMITW
P/E 17.7x 19.8x 25.6x
P/FCF 21.5x 19.5x 28.7x
P/Operating cash flow 13.5x 14.9x 25.3x
P/S 1.7x 1.7x 5.0x
P/B 3.2x 4.0x 26.2x
P/Tangible book 4.1x 5.2x 31.7x
EV/EBITDA 11.8x 13.5x 18.8x
EV/EBIT 14.7x 16.5x 20.5x
EV/Revenue 2.0x 2.0x 5.5x
EV/FCF 25.6x 22.5x 31.7x
EV/Operating cash flow 16.0x 17.1x 27.9x
PEG (3Y EPS CAGR) 3.15 1.80 8.84

Growth

14 metrics
MetricPPGRPMITW
Revenue growth (1Y) 6.4% 6.0% 4.8%
Revenue CAGR (3Y) 1.3% 2.8% 1.1%
Gross profit growth (1Y) 5.4% 5.5% 5.7%
Gross profit CAGR (3Y) 2.6% 5.0% 2.8%
Operating income growth (1Y) 4.1% 9.0% 6.4%
Operating income CAGR (3Y) 1.4% 5.9% 3.1%
Net income growth (1Y) 59.8% 0.2% 6.7%
Net income CAGR (3Y) 2.9% 10.5% 0.9%
EPS growth (1Y) 60.0% 0.8% 9.1%
EPS CAGR (3Y) 5.6% 11.0% 2.9%
Operating cash flow growth (1Y) 46.2% 22.1% -0.5%
Operating cash flow CAGR (3Y) -1.4% 0.4% -0.5%
Free cash flow growth (1Y) 79.3% 36.7% 0.8%
Free cash flow CAGR (3Y) -7.8% 2.0% 0.4%

Profitability

14 metrics
MetricPPGRPMITW
Gross margin 40.9% 41.2% 44.3%
EBITDA margin 16.6% 14.8% 29.0%
Operating margin 13.4% 12.1% 26.6%
Pretax margin 12.6% 11.4% 25.2%
Net margin 9.4% 8.7% 19.4%
FCF margin 7.7% 8.9% 17.2%
Operating cash flow margin 12.3% 11.6% 19.6%
Return on equity 18.5% 20.4% 106.9%
Return on assets 7.0% 8.3% 19.6%
Return on invested capital 11.1% 12.5% 27.1%
Return on capital employed 12.9% 15.1% 38.9%
Asset turnover 0.7x 1.0x 1.0x
Cash conversion (OCF / net income) 1.3x 1.3x 1.0x
Stock comp / revenue 0.3% 0.5% 0.5%

Financial Health

11 metrics
MetricPPGRPMITW
Debt / assets 30.3% 29.2% 56.8%
Debt / equity 0.8x 0.7x 3.0x
Net debt / EBITDA 1.9x 1.8x 1.8x
Debt / FCF 5.3x 3.4x 3.3x
Liabilities / assets 61.8% 57.7% 81.0%
Equity / assets 38.2% 42.3% 19.0%
Interest coverage 8.7x 8.9x 14.3x
Current ratio 1.6x 1.8x 1.3x
Quick ratio 1.1x 1.0x 0.8x
Cash ratio 0.3x 0.2x 0.2x
Altman Z-score 3.89 3.94 8.35

Shareholder Returns

7 metrics
MetricPPGRPMITW
Dividend yield 2.3% 2.0% 2.3%
Net buyback yield 1.5% 0.6% 2.0%
Shareholder yield 3.8% 2.6% 4.2%
Payout ratio (earnings) 40.8% – 57.4%
Payout ratio (FCF) 50.1% – 64.6%
Dividend growth (1Y) 2.4% – 5.2%
Dividend CAGR (3Y) 2.9% – 5.1%

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.

ConsensusPPGRPMITW
Forward P/E 14.8xFY2026 18.9xFY2026 26.9xFY2026
EPS, next fiscal year $8.18FY2026 $5.58FY2026 $10.67FY2026
EPS growth, next FY +7.9%FY2026 +0.9%FY2026 +1.7%FY2026
EPS growth, the year after +10.6% +12.5% +19.3%
Revenue, next fiscal year $17.59BFY2026 $7.69BFY2026 $16.46BFY2026
Revenue growth, next FY +10.7%FY2026 -2.1%FY2026 +2.6%FY2026
Revenue growth, the year after -6.7% +8.0% +11.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPPGRPMITW
Held by institutions 90.3% 86.1% 84.9%
Institutions holding 1,098 797 1,971
Change in shares held, QoQ +0.1% +3.8% +0.8%
Institutions buying 522 386 847
Institutions selling 356 245 751
Buyers to sellers 1.47 1.58 1.13

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.

PPGRPMITW
PPG 1.00 0.81 0.61
RPM 0.81 1.00 0.66
ITW 0.61 0.66 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PPG, RPM and ITW?

Illinois Tool Works (ITW) is the largest by market capitalisation: Ppg Industries (PPG) $28.49B, Rpm International (RPM) $13.97B, Illinois Tool Works (ITW) $83.91B.

Which stock is cheaper, PPG, RPM and ITW?

Ppg Industries (PPG) trades on the lowest price-to-earnings ratio (Ppg Industries (PPG) 18.1x, Rpm International (RPM) 20.2x, Illinois Tool Works (ITW) 26.0x). On next year's consensus earnings, Ppg Industries (PPG) is cheapest (Ppg Industries (PPG) 14.8x, Rpm International (RPM) 18.9x, Illinois Tool Works (ITW) 26.9x). 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: Ppg Industries (PPG) +6.4%, Rpm International (RPM) +6.0%, Illinois Tool Works (ITW) +4.8%.

Which company is more profitable?

Illinois Tool Works (ITW) has the highest net margin (Ppg Industries (PPG) 9.4%, Rpm International (RPM) 8.7%, Illinois Tool Works (ITW) 19.4%). On return on invested capital, Illinois Tool Works (ITW) leads (Ppg Industries (PPG) 11.1%, Rpm International (RPM) 12.5%, Illinois Tool Works (ITW) 27.1%).

Which stock has performed better?

Over the past year Ppg Industries (PPG) returned the most: Ppg Industries (PPG) +27.8%, Rpm International (RPM) -1.4%, Illinois Tool Works (ITW) +18.9%. Over five years, Illinois Tool Works (ITW) compounded fastest (Ppg Industries (PPG) -5.2%/yr, Rpm International (RPM) +4.0%/yr, Illinois Tool Works (ITW) +4.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Ppg Industries (PPG) has the highest dividend yield: Ppg Industries (PPG) 0.02%, Rpm International (RPM) 0.00%, Illinois Tool Works (ITW) 0.02%. Rpm International (RPM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Illinois Tool Works (ITW) has been the steadiest (Ppg Industries (PPG) 30.6%, Rpm International (RPM) 30.3%, Illinois Tool Works (ITW) 21.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PPG, RPM and ITW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Illinois Tool Works (ITW) 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.