LYB vs. PPG: LyondellBasell Industries vs. PPG Industries Stock Comparison

November 11, 2026

How do LyondellBasell Industries (LYB) 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

LyondellBasell Industries (LYB) and PPG Industries (PPG) both belong to the Chemicals industry, though LYB is classified under Commodity Chemicals while PPG falls under Specialty Chemicals.

Company profile comparison for LyondellBasell Industries (LYB) and PPG Industries (PPG)
Profile Item	LYB	PPG
Name	LyondellBasell Industries N.V.	PPG Industries, Inc.
Country/Region	Netherlands	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Chemicals	Chemicals
GICS Sub-Industry	Commodity Chemicals	Specialty Chemicals
Market Capitalization	19.63 billion USD	27.03 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	April 28, 2010	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

LYB

PPG

GSPC

LyondellBasell Industries (LYB) 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 LyondellBasell Industries (LYB) and PPG Industries (PPG). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for LyondellBasell Industries (LYB) and PPG Industries (PPG)
Metric	LYB	PPG
Total Return (1Y)	49.52%	33.84%
Total Return (3Y, Annualized)	-7.11%	1.70%
Total Return (5Y, Annualized)	-1.68%	-2.93%

Risk Profile

Drawdown History

LYB

PPG

GSPC

LyondellBasell Industries (LYB) 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 LyondellBasell Industries (LYB) and PPG Industries (PPG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for LyondellBasell Industries (LYB) and PPG Industries (PPG)
Metric	LYB	PPG
Volatility (1Y, Annualized)	42.84%	31.28%
Beta (5Y)	0.32	0.97
Max Drawdown (5Y)	-55.35%	-43.55%
Avg. Volume (3M)	3.62M	1.73M

Risk-Adjusted Performance

Risk-Return Positioning

LYB 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 LyondellBasell Industries (LYB) and PPG Industries (PPG)
Metric	LYB	PPG
Sharpe Ratio (1Y)	1.06	0.95
Sortino Ratio (1Y)	1.63	1.45

Profitability

ROE (TTM)

Both LyondellBasell Industries (LYB) at 12.18% and PPG Industries (PPG) at 19.49% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

LYB

Materials industry group

12.18%

Max: 52.88%
Q3: 19.49%
LYB: 12.18%
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%

LyondellBasell Industries (LYB) vs. PPG Industries (PPG): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Both LyondellBasell Industries (LYB) at 4.05% 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.

LYB

Materials industry group

4.05%

Max: 38.66%
Q3: 15.98%
Median: 5.28%
LYB: 4.05%
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%

LyondellBasell Industries (LYB) vs. PPG Industries (PPG): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both LyondellBasell Industries (LYB) at 13.40% and PPG Industries (PPG) at 14.66% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

LYB

Materials industry group

13.40%

Max: 66.70%
Q3: 28.92%
LYB: 13.40%
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%

LyondellBasell Industries (LYB) vs. PPG Industries (PPG): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for LyondellBasell Industries (LYB) and PPG Industries (PPG)
Metric	LYB	PPG
ROE (TTM)	12.18%	19.49%
ROA (TTM)	5.36%	6.22%
Net Margin (TTM)	4.05%	9.41%
Operating Margin (TTM)	13.40%	14.66%
Gross Margin (TTM)	14.56%	41.18%

Growth

Revenue Growth

PPG Industries (PPG) at 0.19% is around its peer norm for revenue growth, while LyondellBasell Industries (LYB) at -9.71% drops into the bottom quartile, signaling weaker demand or pricing momentum.

LyondellBasell Industries (LYB) vs. PPG Industries (PPG): A comparison of their Revenue Growth across different time periods.

EPS Growth

PPG Industries (PPG) at 46.11% is around its peer norm for EPS growth, while LyondellBasell Industries (LYB) at -156.39% drops into the bottom quartile, signaling weaker earnings momentum.

LyondellBasell Industries (LYB) vs. PPG Industries (PPG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for LyondellBasell Industries (LYB) and PPG Industries (PPG)
Metric	LYB	PPG
Revenue Growth (YoY)	-9.71%	0.19%
Revenue Growth (3Y CAGR)	-15.77%	0.55%
EPS Growth (YoY)	-156.39%	46.11%
EPS Growth (3Y CAGR)	--	17.12%

Financial Strength

Current Ratio (MRQ)

Both LyondellBasell Industries (LYB) at 1.78 and PPG Industries (PPG) at 1.58 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

LYB

Materials industry group

1.78

Max: 5.96
Q3: 3.30
Median: 2.24
LYB: 1.78
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

LyondellBasell Industries (LYB) 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 LyondellBasell Industries (LYB) at 1.21 uses more debt funding than most peers.

LYB

Materials industry group

1.21

Max: 1.98
LYB: 1.21
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

LyondellBasell Industries (LYB) 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 LyondellBasell Industries (LYB) and PPG Industries (PPG)
Metric	LYB	PPG
Current Ratio (MRQ)	1.78	1.58
Debt / Equity (MRQ)	1.21	0.87
Net Debt / EBITDA	2.47	2.11

Dividends

Dividend Yield (TTM)

PPG Industries (PPG) at 2.33% earns its spot in the top quartile of its industry’s yields; LyondellBasell Industries (LYB) at 5.58% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

LYB

Materials industry group

5.58%

LYB: 5.58%
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%

LyondellBasell Industries (LYB) 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 LyondellBasell Industries (LYB) at 83.29% distributes more than its industry norm — less retained, thinner cover.

LYB

Materials industry group

83.29%

Max: 83.62%
LYB: 83.29%
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%

LyondellBasell Industries (LYB) vs. PPG Industries (PPG): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for LyondellBasell Industries (LYB) and PPG Industries (PPG)
Metric	LYB	PPG
Dividend Yield (TTM)	5.58%	2.33%
Dividend Payout Ratio (TTM)	83.29%	40.31%

Valuation

P/E Ratio (TTM)

Both LyondellBasell Industries (LYB) at 14.70 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.

LYB

Materials industry group

14.70

Max: 59.00
Q3: 32.93
Median: 18.82
LYB: 14.70
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

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

P/S Ratio (TTM)

LyondellBasell Industries (LYB) at 0.61 sits in the cheaper P/S ratio quartile while PPG Industries (PPG) at 1.62 prices around its industry’s middle — LYB costs less per dollar of sales, though read it alongside growth and margins.

LYB

Materials industry group

0.61

Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
LYB: 0.61
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

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

P/B Ratio (MRQ)

On P/B ratio, both LyondellBasell Industries (LYB) at 1.74 and PPG Industries (PPG) at 3.19 are valued close to their industries’ norm against book — neither stands out from peers.

LYB

Materials industry group

1.74

Max: 6.59
Q3: 3.55
Median: 2.08
LYB: 1.74
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

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

Valuation Metrics

Valuation metrics for LyondellBasell Industries (LYB) and PPG Industries (PPG)
Metric	LYB	PPG
P/E Ratio (TTM)	14.70	17.19
P/S Ratio (TTM)	0.61	1.62
P/B Ratio (MRQ)	1.74	3.19
Free Cash Flow Yield (TTM)	9.06%	4.06%