PG vs PPG
Procter & Gamble Co. and PPG Industries Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | PG | PPG |
|---|---|---|
| Revenue | $87.0B | $15.9B |
| Net income | $16.0B | $1.6B |
| Gross margin | 50.2% | 41.3% |
| Net margin | 18.5% | 10.0% |
| Return on equity | 30.1% | 21.4% |
| Diluted EPS | $6.62 | $6.94 |
| Dividend / share | $4.26 | $2.78 |
| Payout ratio | 63.8% | 39.8% |
| Free cash flow | $15.1B | $1.2B |
| Equity | · | $7.9B |
| Net debt / equity | 0.36× | 0.65× |
| Current ratio | 0.68× | 1.62× |
| Revenue CAGR 5y | 2.7% | 2.8% |
| Profit CAGR 5y | 2.3% | 8.3% |
PG bills 5.5× the revenue of PPG, and keeps more of each dollar of revenue as profit (18.5% against 10.0%).
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.
10 years side by side
| Fiscal year | PG | PPG |
|---|---|---|
| FY2025 | $87.0B | $15.9B |
| FY2024 | $84.3B | $15.8B |
| FY2023 | $84.0B | $16.2B |
| FY2022 | $82.0B | $15.6B |
| FY2021 | $80.2B | $16.8B |
| FY2020 | $76.1B | $13.8B |
| FY2019 | $71.0B | $15.1B |
| FY2018 | $67.7B | $15.4B |
| FY2017 | $66.8B | $14.7B |
| FY2016 | $65.1B | $14.3B |
Bottom line
| Fiscal year | PG | PPG |
|---|---|---|
| FY2025 | $16.0B | $1.6B |
| FY2024 | $16.0B | $1.1B |
| FY2023 | $14.9B | $1.3B |
| FY2022 | $14.7B | $1.0B |
| FY2021 | $14.7B | $1.4B |
| FY2020 | $14.3B | $1.1B |
| FY2019 | $13.0B | $1.2B |
| FY2018 | $3.9B | $1.3B |
| FY2017 | $9.8B | $1.6B |
| FY2016 | $15.3B | $873.0M |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$71,157,000,000 | PG |
| FY2024 | +$68,439,000,000 | PG |
| FY2023 | +$67,797,000,000 | PG |
| FY2022 | +$66,392,000,000 | PG |
| FY2021 | +$63,385,000,000 | PG |
| FY2020 | +$62,284,000,000 | PG |
| FY2019 | +$55,804,000,000 | PG |
| FY2018 | +$52,310,000,000 | PG |
| FY2017 | +$52,084,000,000 | PG |
| FY2016 | +$50,788,000,000 | PG |
| FY2015 | +$51,058,000,000 | PG |
| FY2014 | +$55,958,000,000 | PG |
| FY2013 | +$60,136,000,000 | PG |
| FY2012 | +$67,430,000,000 | PG |
| FY2011 | +$15,247,000,000 | PG |
| FY2010 | +$67,681,000,000 | PG |
| FY2009 | +$65,328,000,000 | PG |
| FY2008 | +$60,845,000,000 | PG |
| FY2007 | +$67,037,000,000 | PG |
PG has reported the higher revenue in every one of these 19 fiscal years. The gap has widened since the earliest year compared.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +8.5 pp | PG |
| FY2024 | +11.8 pp | PG |
| FY2023 | +9.8 pp | PG |
| FY2022 | +11.2 pp | PG |
| FY2021 | +9.8 pp | PG |
| FY2020 | +11.1 pp | PG |
| FY2019 | +10.1 pp | PG |
| FY2018 | −3.0 pp | PPG |
| FY2017 | +3.8 pp | PG |
| FY2016 | +17.4 pp | PG |
| FY2015 | +6.2 pp | PG |
| FY2014 | −4.5 pp | PPG |
| FY2013 | −7.7 pp | PPG |
| FY2012 | +5.8 pp | PG |
| FY2011 | +29.2 pp | PG |
| FY2010 | +8.1 pp | PG |
| FY2009 | +13.1 pp | PG |
| FY2008 | +13.6 pp | PG |
| FY2007 | +7.8 pp | PG |
The higher net margin has changed hands between PG and PPG over this period.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PG's net margin has been more volatile than PPG's over the 19 comparable fiscal years — 6.1 percentage points of standard deviation against 4.2.
19 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 PG and PPG over these 19 fiscal years — PG led in 16 and PPG in 3.
19 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 PG's over the 19 comparable fiscal years — 13.2 percentage points of standard deviation against 7.3.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between PG and PPG over these 19 fiscal years — PG led in 10 and PPG in 9.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.