PPG vs SHW Stock Comparison: AI Score, Valuation, Performance and Upside
SHW's vertically integrated, company-owned store model has driven superior margins and consistent outperformance versus PPG's more diversified but lower-margin industrial coatings business. PPG offers broader end-market and geographic diversification, while SHW offers a best-in-class North American retail paint franchise.
PPG vs SHW contrasts a globally diversified industrial coatings supplier against the dominant, vertically integrated North American retail paint franchise with a stronger margin and growth track record.
SHW holds the edge across 3 of 5 key metrics in this comparison. PPG leads on both 1-year return (+9.16%) and forward P/E quality (12.74x vs 25.12x for SHW), a relatively favorable combination of momentum and valuation. SHW leads on both revenue growth (7.50%) and operating margin (18.12%), suggesting a stronger fundamental setup on both dimensions. Analyst consensus implies similar upside for both: +13.69% for PPG and +14.30% for SHW.
- →Want diversified global exposure across automotive, aerospace, and industrial coatings
- →Believe PPG's margin recovery and valuation discount offer upside
- →Prefer broader international diversification over North American concentration
- →Want exposure to the dominant North American retail paint franchise
- →Value consistent margin expansion and capital return discipline
- →Are comfortable paying a premium valuation for proven execution
| Metric | PPG | SHW |
|---|---|---|
| AI score | 41.1 | 50.9 |
| AI rank | #963 | #414 |
| Latest close | $114.01 | $354.22 |
| 1M return | -9.03% | +0.49% |
| 6M return | -2.10% | -0.60% |
| 1Y return | +9.16% | +3.15% |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | PPG | SHW |
|---|---|---|
| 1Y ago | $10.86K (+8.6%) started 2025-08-04 | $10.18K (+1.8%) started 2025-08-04 |
| 5Y ago | $8.19K (-18.1%) started 2021-08-05 | $12.87K (+28.7%) started 2021-08-05 |
| 10Y ago | $15.25K (+52.5%) started 2016-08-05 | $41.87K (+318.7%) started 2016-08-05 |
Hypothetical — past performance does not guarantee future results.
| Metric | PPG | SHW |
|---|---|---|
| Market cap | $24.57B | $82.74B |
| Trailing P/E | 15.86 | 31.44 |
| Forward P/E | 12.74 | 25.12 |
| Price/Sales | 1.63 | 3.89 |
| EV/Revenue | 1.86 | 3.97 |
| Analyst target | $125.65 | $389.60 |
| Target upside | +13.69% | +14.30% |
| Metric | PPG | SHW |
|---|---|---|
| Revenue growth | 7.20% | 7.50% |
| Earnings growth | -1.50% | 14.30% |
| EPS growth | -1.50% | +14.30% |
| FCF margin | +6.73% | +10.27% |
| Operating margin | 14.02% | 18.12% |
| Profit margin | 9.57% | 11.01% |
| ROIC proxy | 19.30% | 65.12% |
| Return on equity | 19.30% | 65.12% |
| Dividend yield | 2.68% | 0.94% |
| Beta | 1.04 | 1.10 |
| Debt/equity | 86.94 | 389.96 |
| Current ratio | 1.58 | 0.73 |
| Quick ratio | 1.05 | 0.41 |
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | PPG | SHW |
|---|---|---|---|
| 1Y | Growth | +8.58% | +1.83% |
| CAGR | +8.60% | +1.84% | |
| Sharpe ratio | 0.28 | 0.04 | |
| Max drawdown | 26.10% | 21.91% | |
| Max daily drop | 6.03% | 3.69% | |
| Max wkly drop | 13.44% | 9.02% | |
| 5Y | Growth | -24.40% | +24.15% |
| CAGR | -5.44% | +4.42% | |
| Sharpe ratio | -0.22 | 0.13 | |
| Max drawdown | 43.55% | 42.46% | |
| Max daily drop | 7.62% | 8.92% | |
| Max wkly drop | 15.87% | 17.22% | |
| 10Y | Growth | +28.21% | +284.25% |
| CAGR | +2.52% | +14.41% | |
| Sharpe ratio | 0.07 | 0.47 | |
| Max drawdown | 46.02% | 42.46% | |
| Max daily drop | 12.50% | 18.68% | |
| Max wkly drop | 24.80% | 23.01% |
| Category | PPG | SHW |
|---|---|---|
| Company | PPG Industries, Inc. | The Sherwin-Williams Company |
| Sector | Basic Materials | Basic Materials |
| Industry | Specialty Chemicals | Specialty Chemicals |
| Core business | PPG Industries is a global leader in paints, coatings, and specialty materials, serving automotive, aerospace, industrial, and architectural customers across a broad international footprint. | Sherwin-Williams is the leading North American paint company, known for its vertically integrated company-owned store network that sells directly to professional painters and consumers. |
| Investor focus | Investors track industrial production trends, automotive OEM coatings volumes, raw material cost trends, and PPG's margin recovery efforts. | Investors track same-store sales growth in its company-owned paint stores, residential repaint and new construction demand, and pricing power versus raw material costs. |
- →Diversified end-market exposure across automotive, aerospace, and industrial coatings
- →Strong global manufacturing and distribution footprint
- →Leading positions in specialty and protective coatings niches
- →Vertically integrated company-owned retail store network drives pricing power and customer loyalty
- →Consistent track record of margin expansion and shareholder returns
- →Strong brand recognition in North American residential and professional paint markets
- →Has lagged Sherwin-Williams in margin performance and stock returns
- →Exposure to cyclical automotive and industrial production volumes
- →Raw material and logistics cost inflation pressure on margins
- →Premium valuation reflects high growth and margin expectations
- →Housing market and residential repaint demand cyclicality
- →Store network expansion requires ongoing capital investment
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