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 (+9.96%) and forward P/E (13.77x vs 23.96x for SHW), a relatively favorable combination of momentum and valuation. SHW leads on both revenue growth (6.80%) and operating margin (14.16%), suggesting a stronger fundamental setup on both dimensions. Analyst consensus implies meaningfully more upside for SHW (+17.54%) than for PPG (+3.07%).
- →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 | 38.7 | 50.3 |
| AI rank | #1247 | #455 |
| Latest close | $118.25 | $320.79 |
| 1M return | +16.27% | +7.27% |
| 6M return | +14.01% | -2.18% |
| 1Y return | +9.96% | -3.09% |
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 | $10.92K (+9.2%) started 2025-06-18 | $9.68K (-3.2%) started 2025-06-18 |
| 5Y ago | $8.07K (-19.3%) started 2021-06-21 | $12.62K (+26.2%) started 2021-06-21 |
| 10Y ago | $15.24K (+52.4%) started 2016-06-20 | $39.34K (+293.4%) started 2016-06-20 |
Hypothetical — past performance does not guarantee future results.
| Metric | PPG | SHW |
|---|---|---|
| Market cap | $26.6B | $78.26B |
| Trailing P/E | 17.10 | 30.48 |
| Forward P/E | 13.77 | 23.96 |
| Price/Sales | 1.63 | 3.89 |
| EV/Revenue | 2.04 | 3.85 |
| Analyst target | $123.00 | $372.95 |
| Target upside | +3.07% | +17.54% |
| Metric | PPG | SHW |
|---|---|---|
| Revenue growth | 6.70% | 6.80% |
| Earnings growth | 4.20% | 7.50% |
| EPS growth | +4.20% | +7.50% |
| FCF margin | +4.52% | +8.94% |
| Operating margin | 13.74% | 14.16% |
| Profit margin | 9.83% | 10.86% |
| ROIC proxy | 20.75% | 60.72% |
| Return on equity | 20.75% | 60.72% |
| Dividend yield | 2.38% | 1.01% |
| Beta | 1.06 | 1.13 |
| Debt/equity | 93.74 | 329.52 |
| Current ratio | 1.61 | 0.86 |
| Quick ratio | 1.07 | 0.47 |
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 | +9.25% | -3.22% |
| CAGR | +9.26% | -3.23% | |
| Sharpe ratio | 0.30 | -0.19 | |
| Max drawdown | 26.10% | 21.91% | |
| Max daily drop | 5.87% | 3.69% | |
| Max wkly drop | 13.44% | 9.02% | |
| 5Y | Growth | -25.56% | +21.72% |
| CAGR | -5.74% | +4.02% | |
| Sharpe ratio | -0.24 | 0.11 | |
| Max drawdown | 43.55% | 42.46% | |
| Max daily drop | 7.62% | 8.92% | |
| Max wkly drop | 15.87% | 17.22% | |
| 10Y | Growth | +28.08% | +260.99% |
| CAGR | +2.51% | +13.71% | |
| Sharpe ratio | 0.06 | 0.45 | |
| 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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