International Flavors & Fragrances (IFF) 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
International Flavors & Fragrances (IFF) has outperformed PPG Industries (PPG) over the past year, gaining 37.8% versus a gain of 3.3%. Over five years, PPG leads with a -34.4% price change compared with -43.0% for IFF. PPG Industries is the larger company by market cap ($23.36 billion vs $21.46 billion), about 1.1 times the size.
On valuation, PPG Industries trades at a lower forward P/E (12.2x vs 21.2x for International Flavors & Fragrances). PPG Industries offers the higher dividend yield (2.70% vs 1.90%). PPG Industries converts more of its revenue into profit, with a net margin of 9.9% versus -3.3%.
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 | IFF | PPG |
|---|---|---|
| Share price | $84.11 | $105.08 |
| Market cap | $21.46B | $23.36B |
| 1-day change | +0.23% | -1.35% |
| YTD return | +24.81% | +2.56% |
| 1-year return | +37.84% | +3.32% |
| 5-year return | -43.01% | -34.45% |
| P/E ratio (TTM) | 83.28 | 15.30 |
| Forward P/E | 21.21 | 12.16 |
| EPS (TTM) | $1.01 | $6.87 |
| Dividend yield | 1.90% | 2.70% |
| Annual dividend | $1.60 | $2.84 |
| Revenue (latest FY) | $10.89B | $15.88B |
| Revenue growth (YoY) | -5.17% | +0.19% |
| Net income (latest FY) | $-359.00M | $1.58B |
| Gross margin | 36.16% | 41.32% |
| Operating margin | -3.51% | — |
| Net margin | -3.30% | 9.93% |
| 52-week high | $89.32 | $133.43 |
| 52-week low | $59.14 | $93.39 |
| Distance from 52-week high | -5.83% | -21.25% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +14.48% | +19.63% |
| Average volume | 1.66M | 1.66M |
| Shares outstanding | 255.15M | 222.30M |
| Employees | 21,500 | 43,500 |
| Sector | Industrials | Consumer Discretionary |
| Industry | Major Chemicals | 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
- IFF has outperformed PPG by 34.5 percentage points over the past year.
- International Flavors & Fragrances trades at a higher earnings multiple (83.3x vs 15.3x trailing P/E).
- PPG Industries is more profitable, keeping 9.9 cents of every revenue dollar as net income versus -3.3 cents for International Flavors & Fragrances.
- PPG Industries grew revenue faster in its latest fiscal year (+0.19% vs -5.17%).
- The two companies sit in different sectors: International Flavors & Fragrances in Industrials and PPG Industries in Consumer Discretionary.
About International Flavors & Fragrances
IFF stock →International Flavors & Fragrances Inc., together with its subsidiaries, manufactures and markets food, beverage, health and biosciences, scent, and complementary adjacent products in the United States, and internationally. It operates in through Taste, Food Ingredients, Health & Biosciences, and Scent segments.
Industrials · Major Chemicals · 21,500 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
IFF vs PPG FAQ
Which is bigger, International Flavors & Fragrances or PPG Industries?
PPG Industries (PPG) is larger, with a market capitalization of $23.36B compared with $21.46B for International Flavors & Fragrances (IFF).
Which stock has performed better over the past year, IFF or PPG?
IFF returned +37.84% 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, IFF or PPG?
PPG has the lower trailing P/E at 15.3, versus 83.3 for IFF. 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, International Flavors & Fragrances or PPG Industries?
PPG Industries has the higher yield at 2.70%, compared with 1.90% for International Flavors & Fragrances.
Are International Flavors & Fragrances and PPG Industries in the same industry?
No. International Flavors & Fragrances is in the Industrials sector, while PPG Industries is in Consumer Discretionary.