Axalta Coating Systems (AXTA) vs PPG Industries (PPG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Axalta Coating Systems (AXTA) has outperformed PPG Industries (PPG) over the past year, gaining 20.1% versus a gain of 3.3%. Over five years, AXTA leads with a +4.7% price change compared with -34.4% for PPG. PPG Industries is the larger company by market cap ($23.36 billion vs $7.02 billion), about 3.3 times the size.
On valuation, Axalta Coating Systems trades at a lower forward P/E (11.4x vs 12.2x for PPG Industries). PPG Industries pays a dividend yielding 2.70%, while Axalta Coating Systems does not currently pay one. PPG Industries converts more of its revenue into profit, with a net margin of 9.9% versus 7.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AXTA | PPG |
|---|---|---|
| Share price | $32.79 | $105.08 |
| Market cap | $7.02B | $23.36B |
| 1-day change | -1.83% | -1.35% |
| YTD return | +1.49% | +2.56% |
| 1-year return | +20.11% | +3.32% |
| 5-year return | +4.73% | -34.45% |
| P/E ratio (TTM) | 20.49 | 15.30 |
| Forward P/E | 11.44 | 12.16 |
| EPS (TTM) | $1.60 | $6.87 |
| Dividend yield | 0.00% | 2.70% |
| Annual dividend | $0.00 | $2.84 |
| Revenue (latest FY) | $5.12B | $15.88B |
| Revenue growth (YoY) | -3.01% | +0.19% |
| Net income (latest FY) | $378.00M | $1.58B |
| Gross margin | 34.43% | 41.32% |
| Operating margin | 14.36% | — |
| Net margin | 7.39% | 9.93% |
| 52-week high | $38.61 | $133.43 |
| 52-week low | $24.94 | $93.39 |
| Distance from 52-week high | -15.07% | -21.25% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +19.34% | +19.63% |
| Average volume | 1.80M | 1.66M |
| Shares outstanding | 214.02M | 222.30M |
| Employees | 12,200 | 43,500 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Paints/Coatings | Paints/Coatings |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PPG Industries is about 3.3 times larger than Axalta Coating Systems by market value ($23.36B vs $7.02B).
- AXTA has outperformed PPG by 16.8 percentage points over the past year.
- Axalta Coating Systems trades at a higher earnings multiple (20.5x vs 15.3x trailing P/E).
- PPG Industries offers a meaningfully higher dividend yield (2.70% vs 0.00%).
About Axalta Coating Systems
AXTA stock →Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through two segments, Performance Coatings and Mobility Coatings.
Consumer Discretionary · Paints/Coatings · 12,200 employees
About PPG Industries
PPG stock →PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa.
Consumer Discretionary · Paints/Coatings · 43,500 employees
AXTA vs PPG FAQ
Which is bigger, Axalta Coating Systems or PPG Industries?
PPG Industries (PPG) is larger, with a market capitalization of $23.36B compared with $7.02B for Axalta Coating Systems (AXTA).
Which stock has performed better over the past year, AXTA or PPG?
AXTA returned +20.11% over the past 12 months, compared with +3.32% for PPG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AXTA or PPG?
PPG has the lower trailing P/E at 15.3, versus 20.5 for AXTA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Axalta Coating Systems or PPG Industries?
PPG Industries pays a dividend yielding 2.70%, while Axalta Coating Systems does not currently pay a regular dividend.
Are Axalta Coating Systems and PPG Industries in the same industry?
Yes. Both are classified in the Paints/Coatings industry within the Consumer Discretionary sector.