KVUE vs PPG
Kenvue Inc. and PPG Industries Inc., side by side — 5 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | KVUE | PPG |
|---|---|---|
| Revenue | $15.1B | $15.9B |
| Net income | $1.5B | $1.6B |
| Gross margin | 58.1% | 41.3% |
| Net margin | 9.7% | 10.0% |
| Return on equity | 14.4% | 21.4% |
| Diluted EPS | $0.76 | $6.94 |
| Dividend / share | $0.82 | $2.78 |
| Payout ratio | 107.6% | 39.8% |
| Free cash flow | $1.7B | $1.2B |
| Equity | $10.8B | $7.9B |
| Net debt / equity | 0.70× | 0.65× |
| Current ratio | 0.96× | 1.62× |
| Revenue CAGR 5y | · | 2.8% |
| Profit CAGR 5y | · | 8.3% |
KVUE and PPG book revenue within 15% of each other, and PPG keeps more of each dollar of revenue as profit (10.0% against 9.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
5 years side by side
| Fiscal year | KVUE | PPG |
|---|---|---|
| FY2025 | $15.1B | $15.9B |
| FY2024 | $15.5B | $15.8B |
| FY2023 | $15.4B | $16.2B |
| FY2022 | $14.9B | $15.6B |
| FY2021 | $15.1B | $16.8B |
Bottom line
| Fiscal year | KVUE | PPG |
|---|---|---|
| FY2025 | $1.5B | $1.6B |
| FY2024 | $1.0B | $1.1B |
| FY2023 | $1.7B | $1.3B |
| FY2022 | $2.1B | $1.0B |
| FY2021 | $2.1B | $1.4B |
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$751,000,000 | PPG |
| FY2024 | −$390,000,000 | PPG |
| FY2023 | −$798,000,000 | PPG |
| FY2022 | −$664,000,000 | PPG |
| FY2021 | −$1,748,000,000 | PPG |
PPG has reported the higher revenue in every one of these 5 fiscal years. The gap has narrowed since the earliest year compared.
5 of 19 comparable fiscal years — a year missing data on either side is not counted.
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −0.3 pp | PPG |
| FY2024 | −0.6 pp | PPG |
| FY2023 | +2.7 pp | KVUE |
| FY2022 | +7.1 pp | KVUE |
| FY2021 | +5.1 pp | KVUE |
The higher net margin has changed hands between KVUE and PPG over this period.
5 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
KVUE's net margin has been more volatile than PPG's over the 5 comparable fiscal years — 2.7 percentage points of standard deviation against 1.1.
5 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between KVUE and PPG over these 5 fiscal years — KVUE led in 3 and PPG in 2.
5 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PPG's return on equity has been more volatile than KVUE's over the 5 comparable fiscal years — 3.4 percentage points of standard deviation against 1.7.
5 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
PPG led in return on equity in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.
5 of 19 comparable fiscal years — a year missing data on either side is not counted.