RPM vs PPG vs SHW Stock Comparison

Rpm International, Ppg Industries and Sherwin Williams Prices as of Oct 29, 2026 Peers: Industry group
RPM Rpm International Inc/De/
$102.23 +2.3% 1M -5.7% 1Y
Market cap
$12.91B
P/E
18.7x
Revenue (TTM)
$7.97B
Div. yield
–
Paints and Coatings Basic Materials
2 wins
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
4 wins
SHW Sherwin Williams Co
$330.18 -0.1% 1M -4.5% 1Y
Market cap
$80.02B
P/E
29.9x
Revenue (TTM)
$24.91B
Div. yield
–
Paints and Coatings Basic Materials
5 wins

Head to Head

11 decided of 12

Sherwin Williams leads on 5 of the 12 questions below (Sherwin Williams 5, Ppg Industries 4, Rpm International 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionRPMPPGSHWLeader
Larger companyMarket capitalisation $12.91B $26.56B $80.02B SHW
Cheaper on earningsLower P/E, profitable companies only 18.7x 16.9x 29.9x PPG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.3x 14.7x 26.0x PPG
Faster revenue growthRevenue growth, trailing twelve months +6.0% +6.4% +7.0% SHW
More profitableNet margin, trailing twelve months 8.7% 9.4% 10.7% SHW
Better return on capitalReturn on invested capital 12.5% 11.1% 19.5% SHW
Less leveragedLower net debt / EBITDA 1.8x 1.9x 2.4x RPM
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months -5.7% +21.1% -4.5% PPG
Better 5-year returnAnnualised price return, 5 years +3.2%/yr -5.7%/yr +0.8%/yr RPM
Less volatileAnnualised volatility, 1 year 29.8% 30.4% 27.6% SHW
Higher overall scoreMean of the five percentile scores vs peers 64/100 65/100 54/100 PPG

Percentile Scorecard

RPMPPGSHW

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

AxisRPMPPGSHW
Valuation 56 #42 of 94 60 #38 of 94 28 #68 of 94
Growth 66 #32 of 92 68 #30 of 92 64 #34 of 92
Profitability 87 #12 of 86 84 #15 of 86 97 #4 of 86
Financial Health 52 #45 of 93 45 #52 of 93 24 #71 of 93
Shareholder Returns 57 #31 of 71 70 #22 of 71 60 #29 of 71
Overall 64 65 54
  • RPM ranked among 99 companies in Chemicals
  • PPG ranked among 99 companies in Chemicals
  • SHW ranked among 99 companies in Chemicals

Price Performance

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

Returns

PeriodRPMPPGSHWSPY
1 month +2.3%+13.3%-0.1% +0.7%
3 months -5.2%+7.1%-4.3% +3.7%
6 months +0.3%+10.6%+2.7% +7.1%
Year to date -1.7%+17.2%+1.9% +12.8%
1 year -5.7%+21.1%-4.5% +11.9%
3 years +12.8%-1.5%+40.3% +85.2%
3 years, per year +4.1%-0.5%+11.9% +22.8%
5 years +17.2%-25.2%+4.3% +67.6%
5 years, per year +3.2%-5.7%+0.8% +10.9%
10 years +114.7%+29.3%+304.7% +262.0%
10 years, per year +7.9%+2.6%+15.0% +13.7%

Risk

MeasureRPMPPGSHWSPY
Volatility, 1Y 29.8%30.4%27.6% 12.7%
Downside volatility, 1Y 26.2%30.2%25.4% 12.6%
Beta vs S&P 500, 1Y 0.941.050.82 1.00
Return / volatility, 1Y -0.190.69-0.16 0.94
Max drawdown, 5Y -33.5%-47.0%-42.9% -25.4%
From 52-week high -14.9%-8.7%-11.4% -1.2%
52-week high $120.17$131.56$372.60 $779.14
52-week low $93.23$94.34$293.00 $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.

MultipleRPMPPGSHW
P/E now vs peer median 18.8xmedian 21.0x 17.0xmedian 21.0x 29.7xmedian 21.0x
P/S now vs peer median 1.6xmedian 1.4x 1.6xmedian 1.4x 3.2xmedian 1.4x
EV/EBITDA now vs peer median 12.9xmedian 12.9x 11.5xmedian 12.9x 19.1xmedian 12.9x
P/FCF now vs peer median 18.5xmedian 15.5x 20.7xmedian 15.5x 25.9xmedian 15.5x
P/B now vs peer median 3.7xmedian 1.7x 3.1xmedian 1.7x 20.1xmedian 1.7x
PEG now vs peer median 1.71median 1.68 3.03median 1.68 5.31median 1.68

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 monthsRPMPPGSHW
Revenue $7.97B $16.69B $24.91B
Gross profit $3.28B $6.83B $12.11B
Operating income $961.65M $2.24B $4.03B
Net income $691.27M $1.57B $2.68B
Free cash flow $705.58M $1.28B $3.08B
R&D – $458.00M –
EPS (diluted) $5.42 $7.03 $11.02
Cash & equivalents $312.84M $1.59B $264.20M
Total debt $10.15B $6.84B $11.80B
Shares (diluted) 127.24M 223.20M 242.80M
Enterprise value $11.67B $19.49B $79.04B

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
MetricRPMPPGSHW
P/E 18.8x 17.0x 29.7x
P/FCF 18.5x 20.7x 25.9x
P/Operating cash flow 14.1x 13.0x 21.7x
P/S 1.6x 1.6x 3.2x
P/B 3.7x 3.1x 20.1x
P/Tangible book 4.9x 3.9x 343.3x
EV/EBITDA 12.9x 11.5x 19.1x
EV/EBIT 15.7x 14.2x 22.7x
EV/Revenue 1.9x 1.9x 3.7x
EV/FCF 21.4x 24.7x 29.7x
EV/Operating cash flow 16.4x 15.5x 24.8x
PEG (3Y EPS CAGR) 1.71 3.03 5.31

Growth

14 metrics
MetricRPMPPGSHW
Revenue growth (1Y) 6.0% 6.4% 7.0%
Revenue CAGR (3Y) 2.8% 1.3% 2.7%
Gross profit growth (1Y) 5.5% 5.4% 6.4%
Gross profit CAGR (3Y) 5.0% 2.6% 5.1%
Operating income growth (1Y) 9.0% 4.1% 7.9%
Operating income CAGR (3Y) 5.9% 1.4% 3.9%
Net income growth (1Y) 0.2% 59.8% 4.1%
Net income CAGR (3Y) 10.5% 2.9% 3.4%
EPS growth (1Y) 0.8% 60.0% 6.7%
EPS CAGR (3Y) 11.0% 5.6% 5.6%
Operating cash flow growth (1Y) 22.1% 46.2% 11.8%
Operating cash flow CAGR (3Y) 0.4% -1.4% 4.3%
Free cash flow growth (1Y) 36.7% 79.3% 26.8%
Free cash flow CAGR (3Y) 2.0% -7.8% 8.0%

Profitability

14 metrics
MetricRPMPPGSHW
Gross margin 41.2% 40.9% 48.6%
EBITDA margin 14.8% 16.6% 19.2%
Operating margin 12.1% 13.4% 16.2%
Pretax margin 11.4% 12.6% 14.0%
Net margin 8.7% 9.4% 10.7%
FCF margin 8.9% 7.7% 12.4%
Operating cash flow margin 11.6% 12.3% 14.8%
Return on equity 20.4% 18.5% 68.3%
Return on assets 8.3% 7.0% 9.9%
Return on invested capital 12.5% 11.1% 19.5%
Return on capital employed 15.1% 12.9% 23.6%
Asset turnover 1.0x 0.7x 0.9x
Cash conversion (OCF / net income) 1.3x 1.3x 1.4x
Stock comp / revenue 0.5% 0.3% 0.5%

Financial Health

11 metrics
MetricRPMPPGSHW
Debt / assets 29.2% 30.3% 43.7%
Debt / equity 0.7x 0.8x 3.0x
Net debt / EBITDA 1.8x 1.9x 2.4x
Debt / FCF 3.4x 5.3x 3.8x
Liabilities / assets 57.7% 61.8% 85.3%
Equity / assets 42.3% 38.2% 14.7%
Interest coverage 8.9x 8.7x 7.5x
Current ratio 1.8x 1.6x 0.7x
Quick ratio 1.0x 1.1x 0.4x
Cash ratio 0.2x 0.3x 0.0x
Altman Z-score 3.85 3.84 3.51

Shareholder Returns

7 metrics
MetricRPMPPGSHW
Dividend yield 2.1% 2.4% 1.0%
Net buyback yield 0.6% 1.6% 2.9%
Shareholder yield 2.8% 4.0% 3.9%
Payout ratio (earnings) – 40.8% –
Payout ratio (FCF) – 50.1% –
Dividend growth (1Y) – 2.4% –
Dividend CAGR (3Y) – 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.

ConsensusRPMPPGSHW
Forward P/E 18.3xFY2026 14.7xFY2026 26.0xFY2026
EPS, next fiscal year $5.58FY2026 $8.18FY2026 $12.68FY2026
EPS growth, next FY +0.9%FY2026 +7.9%FY2026 +10.9%FY2026
EPS growth, the year after +12.5% +10.6% -0.4%
Revenue, next fiscal year $7.69BFY2026 $17.59BFY2026 $23.55BFY2026
Revenue growth, next FY -2.1%FY2026 +10.7%FY2026 -0.1%FY2026
Revenue growth, the year after +8.0% -6.7% +4.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersRPMPPGSHW
Held by institutions 86.1% 90.3% 82.7%
Institutions holding 796 1,097 1,741
Change in shares held, QoQ +3.8% +0.1% +3.3%
Institutions buying 385 521 747
Institutions selling 245 356 718
Buyers to sellers 1.57 1.46 1.04

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.

RPMPPGSHW
RPM 1.00 0.81 0.80
PPG 0.81 1.00 0.73
SHW 0.80 0.73 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, RPM, PPG and SHW?

Sherwin Williams (SHW) is the largest by market capitalisation: Rpm International (RPM) $12.91B, Ppg Industries (PPG) $26.56B, Sherwin Williams (SHW) $80.02B.

Which stock is cheaper, RPM, PPG and SHW?

Ppg Industries (PPG) trades on the lowest price-to-earnings ratio (Rpm International (RPM) 18.7x, Ppg Industries (PPG) 16.9x, Sherwin Williams (SHW) 29.9x). On next year's consensus earnings, Ppg Industries (PPG) is cheapest (Rpm International (RPM) 18.3x, Ppg Industries (PPG) 14.7x, Sherwin Williams (SHW) 26.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Sherwin Williams (SHW) grew revenue fastest over the trailing twelve months: Rpm International (RPM) +6.0%, Ppg Industries (PPG) +6.4%, Sherwin Williams (SHW) +7.0%.

Which company is more profitable?

Sherwin Williams (SHW) has the highest net margin (Rpm International (RPM) 8.7%, Ppg Industries (PPG) 9.4%, Sherwin Williams (SHW) 10.7%). On return on invested capital, Sherwin Williams (SHW) leads (Rpm International (RPM) 12.5%, Ppg Industries (PPG) 11.1%, Sherwin Williams (SHW) 19.5%).

Which stock has performed better?

Over the past year Ppg Industries (PPG) returned the most: Rpm International (RPM) -5.7%, Ppg Industries (PPG) +21.1%, Sherwin Williams (SHW) -4.5%. Over five years, Rpm International (RPM) compounded fastest (Rpm International (RPM) +3.2%/yr, Ppg Industries (PPG) -5.7%/yr, Sherwin Williams (SHW) +0.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Rpm International (RPM) 0.00%, Ppg Industries (PPG) 0.02%, Sherwin Williams (SHW) 0.00%. Rpm International (RPM) and Sherwin Williams (SHW) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Sherwin Williams (SHW) has been the steadiest (Rpm International (RPM) 29.8%, Ppg Industries (PPG) 30.4%, Sherwin Williams (SHW) 27.6%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Sherwin Williams (SHW) leads on 5. 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.