Seek Returns

AVY vs. PPG: Avery Dennison vs. PPG Industries Stock Comparison

How do Avery Dennison (AVY) 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

Avery Dennison (AVY) and PPG Industries (PPG) both fall under the Materials industry group, but AVY is classified in Containers & Packaging while PPG is classified in Chemicals.

Company profile comparison for Avery Dennison (AVY) and PPG Industries (PPG)
Profile ItemAVYPPG
NameAvery Dennison CorporationPPG Industries, Inc.
Country/RegionUnited StatesUnited States
GICS SectorMaterialsMaterials
GICS Industry GroupMaterialsMaterials
GICS IndustryContainers & PackagingChemicals
GICS Sub-IndustryPaper & Plastic Packaging Products & MaterialsSpecialty Chemicals
Market Capitalization14.10 billion USD27.03 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 21, 1973March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

AVY
PPG
GSPC
Loading price history…
Avery Dennison (AVY) 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

Loading price history…
Trailing total returns for Avery Dennison (AVY) and PPG Industries (PPG). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Avery Dennison (AVY) and PPG Industries (PPG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Avery Dennison (AVY) and PPG Industries (PPG)
MetricAVYPPG
Total Return (1Y)10.80%33.84%
Total Return (3Y, Annualized)3.97%1.70%
Total Return (5Y, Annualized)-1.88%-2.93%

Risk Profile

Drawdown History

AVY
PPG
GSPC
Loading price history…
Avery Dennison (AVY) 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

Loading price history…
Distribution of monthly total returns for Avery Dennison (AVY) and PPG Industries (PPG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Avery Dennison (AVY) and PPG Industries (PPG)
MetricAVYPPG
Volatility (1Y, Annualized)24.05%31.28%
Beta (5Y)0.750.97
Max Drawdown (5Y)-31.73%-43.55%
Avg. Volume (3M)836.04K1.73M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
AVY 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 Avery Dennison (AVY) and PPG Industries (PPG)
MetricAVYPPG
Sharpe Ratio (1Y)0.270.95
Sortino Ratio (1Y)0.431.45

Profitability

ROE (TTM)

Avery Dennison (AVY) at 30.80% sits in the top ROE quartile, while PPG Industries (PPG) at 19.49% is closer to the peer norm — stronger capital efficiency for AVY.

AVY

Materials industry group

30.80%

Max
52.88%
AVY
30.80%
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%
Loading chart…
Avery Dennison (AVY) vs. PPG Industries (PPG): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Both Avery Dennison (AVY) at 7.56% and PPG Industries (PPG) at 9.41% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

AVY

Materials industry group

7.56%

Max
38.66%
Q3
15.98%
AVY
7.56%
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%
Loading chart…
Avery Dennison (AVY) vs. PPG Industries (PPG): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both Avery Dennison (AVY) at 12.10% and PPG Industries (PPG) at 14.66% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

AVY

Materials industry group

12.10%

Max
66.70%
Q3
28.92%
Median
12.56%
AVY
12.10%
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%
Loading chart…
Avery Dennison (AVY) vs. PPG Industries (PPG): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Avery Dennison (AVY) and PPG Industries (PPG)
MetricAVYPPG
ROE (TTM)30.80%19.49%
ROA (TTM)8.28%6.22%
Net Margin (TTM)7.56%9.41%
Operating Margin (TTM)12.10%14.66%
Gross Margin (TTM)28.83%41.18%

Growth

Revenue Growth

Both Avery Dennison (AVY) at 1.14% and PPG Industries (PPG) at 0.19% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Loading chart…
Avery Dennison (AVY) vs. PPG Industries (PPG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Avery Dennison (AVY) at 0.69% and PPG Industries (PPG) at 46.11% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Loading chart…
Avery Dennison (AVY) vs. PPG Industries (PPG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Avery Dennison (AVY) and PPG Industries (PPG)
MetricAVYPPG
Revenue Growth (YoY)1.14%0.19%
Revenue Growth (3Y CAGR)-0.68%0.55%
EPS Growth (YoY)0.69%46.11%
EPS Growth (3Y CAGR)-1.54%17.12%

Financial Strength

Current Ratio (MRQ)

PPG Industries (PPG) at 1.58 keeps current ratio within its industry’s typical mid-range, while Avery Dennison (AVY) at 1.16 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for AVY.

AVY

Materials industry group

1.16

Max
5.96
Q3
3.30
Median
2.24
Q1
1.45
AVY
1.16
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
Loading chart…
Avery Dennison (AVY) vs. PPG Industries (PPG): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

PPG Industries (PPG) at 0.87 carries an industry-typical debt-to-equity mix, while Avery Dennison (AVY) at 1.52 uses more debt funding than most peers.

AVY

Materials industry group

1.52

Max
1.98
AVY
1.52
Q3
0.89
Median
0.47
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
Loading chart…
Avery Dennison (AVY) 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 Avery Dennison (AVY) and PPG Industries (PPG)
MetricAVYPPG
Current Ratio (MRQ)1.161.58
Debt / Equity (MRQ)1.520.87
Net Debt / EBITDA2.202.11

Dividends

Dividend Yield (TTM)

Both Avery Dennison (AVY) at 2.05% and PPG Industries (PPG) at 2.33% offer top-quartile dividend income relative to share price within their industries.

AVY

Materials industry group

2.05%

Max
4.52%
AVY
2.05%
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%
Loading chart…
Avery Dennison (AVY) 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 Avery Dennison (AVY) at 41.99% distributes more than its industry norm — less retained, thinner cover.

AVY

Materials industry group

41.99%

Max
83.62%
AVY
41.99%
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%
Loading chart…
Avery Dennison (AVY) vs. PPG Industries (PPG): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Avery Dennison (AVY) and PPG Industries (PPG)
MetricAVYPPG
Dividend Yield (TTM)2.05%2.33%
Dividend Payout Ratio (TTM)41.99%40.31%

Valuation

P/E Ratio (TTM)

Both Avery Dennison (AVY) at 20.21 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.

AVY

Materials industry group

20.21

Max
59.00
Q3
32.93
AVY
20.21
Median
18.82
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
Loading chart…
Avery Dennison (AVY) 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 Avery Dennison (AVY) at 1.51 and PPG Industries (PPG) at 1.62 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

AVY

Materials industry group

1.51

Max
9.62
Q3
4.34
Median
1.87
AVY
1.51
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
Loading chart…
Avery Dennison (AVY) 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 Avery Dennison (AVY) at 5.91 carries an above-peer premium to book — AVY is pricier on assets.

AVY

Materials industry group

5.91

Max
6.59
AVY
5.91
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
Loading chart…
Avery Dennison (AVY) vs. PPG Industries (PPG): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Avery Dennison (AVY) and PPG Industries (PPG)
MetricAVYPPG
P/E Ratio (TTM)20.2117.19
P/S Ratio (TTM)1.511.62
P/B Ratio (MRQ)5.913.19
Free Cash Flow Yield (TTM)6.90%4.06%