AU vs. PPG: AngloGold Ashanti vs. PPG Industries Stock Comparison

November 11, 2026

How do AngloGold Ashanti (AU) and PPG Industries (PPG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

AngloGold Ashanti (AU) and PPG Industries (PPG) both fall under the Materials industry group, but AU is classified in Metals & Mining while PPG is classified in Chemicals.

Company profile comparison for AngloGold Ashanti (AU) and PPG Industries (PPG)
Profile Item	AU	PPG
Name	AngloGold Ashanti plc	PPG Industries, Inc.
Country/Region	United States	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Chemicals
GICS Sub-Industry	Gold	Specialty Chemicals
Market Capitalization	47.04 billion USD	27.03 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	August 5, 1998	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

PPG

GSPC

AngloGold Ashanti (AU) vs. PPG Industries (PPG), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for AngloGold Ashanti (AU) and PPG Industries (PPG). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for AngloGold Ashanti (AU) and PPG Industries (PPG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for AngloGold Ashanti (AU) and PPG Industries (PPG)
Metric	AU	PPG
Total Return (1Y)	47.97%	33.84%
Total Return (3Y, Annualized)	87.34%	1.70%
Total Return (5Y, Annualized)	42.76%	-2.93%

Risk Profile

Drawdown History

PPG

GSPC

AngloGold Ashanti (AU) vs. PPG Industries (PPG), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for AngloGold Ashanti (AU) and PPG Industries (PPG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for AngloGold Ashanti (AU) and PPG Industries (PPG)
Metric	AU	PPG
Volatility (1Y, Annualized)	60.11%	31.28%
Beta (5Y)	0.67	0.97
Max Drawdown (5Y)	-51.75%	-43.55%
Avg. Volume (3M)	2.54M	1.73M

Risk-Adjusted Performance

Risk-Return Positioning

AU and PPG are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for AngloGold Ashanti (AU) and PPG Industries (PPG)
Metric	AU	PPG
Sharpe Ratio (1Y)	0.73	0.95
Sortino Ratio (1Y)	1.07	1.45

Profitability

ROE (TTM)

AngloGold Ashanti (AU) at 44.33% sits in the top ROE quartile, while PPG Industries (PPG) at 19.49% is closer to the peer norm — stronger capital efficiency for AU.

AU

Materials industry group

44.33%

Max: 52.88%
AU: 44.33%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

PPG

Materials industry group

19.49%

Max: 52.88%
PPG: 19.49%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

AngloGold Ashanti (AU) vs. PPG Industries (PPG): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

AngloGold Ashanti (AU) at 32.64% retains a top-quartile share of revenue as profit, ahead of PPG Industries (PPG) at 9.41%, which keeps about the industry-typical share.

AU

Materials industry group

32.64%

Max: 38.66%
AU: 32.64%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

PPG

Materials industry group

9.41%

Max: 38.66%
Q3: 15.98%
PPG: 9.41%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

AngloGold Ashanti (AU) vs. PPG Industries (PPG): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

AngloGold Ashanti (AU) at 45.36% operates in the top operating margin quartile, ahead of PPG Industries (PPG) at 14.66%, which runs around its industry’s norm.

AU

Materials industry group

45.36%

Max: 66.70%
AU: 45.36%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

PPG

Materials industry group

14.66%

Max: 66.70%
Q3: 28.92%
PPG: 14.66%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

AngloGold Ashanti (AU) vs. PPG Industries (PPG): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for AngloGold Ashanti (AU) and PPG Industries (PPG)
Metric	AU	PPG
ROE (TTM)	44.33%	19.49%
ROA (TTM)	24.39%	6.22%
Net Margin (TTM)	32.64%	9.41%
Operating Margin (TTM)	45.36%	14.66%
Gross Margin (TTM)	54.84%	41.18%

Growth

Revenue Growth

AngloGold Ashanti (AU) at 70.78% sits in the top revenue growth quartile, while PPG Industries (PPG) at 0.19% is closer to the peer norm — faster top-line expansion for AU.

AngloGold Ashanti (AU) vs. PPG Industries (PPG): A comparison of their Revenue Growth across different time periods.

EPS Growth

AngloGold Ashanti (AU) at 122.32% sits in the top EPS growth quartile, while PPG Industries (PPG) at 46.11% is closer to the peer norm — faster per-share earnings growth for AU.

AngloGold Ashanti (AU) vs. PPG Industries (PPG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for AngloGold Ashanti (AU) and PPG Industries (PPG)
Metric	AU	PPG
Revenue Growth (YoY)	70.78%	0.19%
Revenue Growth (3Y CAGR)	30.02%	0.55%
EPS Growth (YoY)	122.32%	46.11%
EPS Growth (3Y CAGR)	93.95%	17.12%

Financial Strength

Current Ratio (MRQ)

Both AngloGold Ashanti (AU) at 2.55 and PPG Industries (PPG) at 1.58 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

AU

Materials industry group

2.55

Max: 5.96
Q3: 3.30
AU: 2.55
Median: 2.24
Q1: 1.45
Min: 0.16

PPG

Materials industry group

1.58

Max: 5.96
Q3: 3.30
Median: 2.24
PPG: 1.58
Q1: 1.45
Min: 0.16

AngloGold Ashanti (AU) vs. PPG Industries (PPG): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both AngloGold Ashanti (AU) at 0.16 and PPG Industries (PPG) at 0.87 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

AU

Materials industry group

0.16

Max: 1.98
Q3: 0.89
Median: 0.47
AU: 0.16
Q1: 0.13
Min: 0.00

PPG

Materials industry group

0.87

Max: 1.98
Q3: 0.89
PPG: 0.87
Median: 0.47
Q1: 0.13
Min: 0.00

AngloGold Ashanti (AU) vs. PPG Industries (PPG): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for AngloGold Ashanti (AU) and PPG Industries (PPG)
Metric	AU	PPG
Current Ratio (MRQ)	2.55	1.58
Debt / Equity (MRQ)	0.16	0.87
Net Debt / EBITDA	-0.17	2.11

Dividends

Dividend Yield (TTM)

PPG Industries (PPG) at 2.33% earns its spot in the top quartile of its industry’s yields; AngloGold Ashanti (AU) at 4.88% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

AU

Materials industry group

4.88%

AU: 4.88%
Max: 4.52%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

PPG

Materials industry group

2.33%

Max: 4.52%
PPG: 2.33%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

AngloGold Ashanti (AU) vs. PPG Industries (PPG): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

PPG Industries (PPG) at 40.31% pays out a band-typical share of earnings, while AngloGold Ashanti (AU) at 58.78% distributes more than its industry norm — less retained, thinner cover.

AU

Materials industry group

58.78%

Max: 83.62%
AU: 58.78%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

PPG

Materials industry group

40.31%

Max: 83.62%
Q3: 41.37%
PPG: 40.31%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

AngloGold Ashanti (AU) vs. PPG Industries (PPG): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for AngloGold Ashanti (AU) and PPG Industries (PPG)
Metric	AU	PPG
Dividend Yield (TTM)	4.88%	2.33%
Dividend Payout Ratio (TTM)	58.78%	40.31%

Valuation

P/E Ratio (TTM)

Both AngloGold Ashanti (AU) at 12.09 and PPG Industries (PPG) at 17.19 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AU

Materials industry group

12.09

Max: 59.00
Q3: 32.93
Median: 18.82
AU: 12.09
Q1: 11.96
Min: 3.93

PPG

Materials industry group

17.19

Max: 59.00
Q3: 32.93
Median: 18.82
PPG: 17.19
Q1: 11.96
Min: 3.93

AngloGold Ashanti (AU) vs. PPG Industries (PPG): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both AngloGold Ashanti (AU) at 3.91 and PPG Industries (PPG) at 1.62 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

AU

Materials industry group

3.91

Max: 9.62
Q3: 4.34
AU: 3.91
Median: 1.87
Q1: 0.73
Min: 0.00

PPG

Materials industry group

1.62

Max: 9.62
Q3: 4.34
Median: 1.87
PPG: 1.62
Q1: 0.73
Min: 0.00

AngloGold Ashanti (AU) vs. PPG Industries (PPG): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

PPG Industries (PPG) at 3.19 is valued about in line with its industry on P/B ratio, while AngloGold Ashanti (AU) at 5.01 carries an above-peer premium to book — AU is pricier on assets.

AU

Materials industry group

5.01

Max: 6.59
AU: 5.01
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

PPG

Materials industry group

3.19

Max: 6.59
Q3: 3.55
PPG: 3.19
Median: 2.08
Q1: 1.26
Min: -0.17

AngloGold Ashanti (AU) vs. PPG Industries (PPG): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for AngloGold Ashanti (AU) and PPG Industries (PPG)
Metric	AU	PPG
P/E Ratio (TTM)	12.09	17.19
P/S Ratio (TTM)	3.91	1.62
P/B Ratio (MRQ)	5.01	3.19
Free Cash Flow Yield (TTM)	7.61%	4.06%