NEM vs. PPG: Newmont vs. PPG Industries Stock Comparison

November 11, 2026

How do Newmont (NEM) 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

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

Company profile comparison for Newmont (NEM) and PPG Industries (PPG)
Profile Item	NEM	PPG
Name	Newmont Corporation	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	125.65 billion USD	27.03 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

NEM

PPG

GSPC

Newmont (NEM) 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 Newmont (NEM) and PPG Industries (PPG). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

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

Performance Metrics

Price performance metrics for Newmont (NEM) and PPG Industries (PPG)
Metric	NEM	PPG
Total Return (1Y)	51.53%	33.84%
Total Return (3Y, Annualized)	57.50%	1.70%
Total Return (5Y, Annualized)	20.41%	-2.93%

Risk Profile

Drawdown History

NEM

PPG

GSPC

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

Risk Metrics

Risk profile metrics for Newmont (NEM) and PPG Industries (PPG)
Metric	NEM	PPG
Volatility (1Y, Annualized)	48.55%	31.28%
Beta (5Y)	0.51	0.97
Max Drawdown (5Y)	-62.40%	-43.55%
Avg. Volume (3M)	6.95M	1.73M

Risk-Adjusted Performance

Risk-Return Positioning

NEM 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 Newmont (NEM) and PPG Industries (PPG)
Metric	NEM	PPG
Sharpe Ratio (1Y)	0.97	0.95
Sortino Ratio (1Y)	1.41	1.45

Profitability

ROE (TTM)

Newmont (NEM) at 27.26% sits in the top ROE quartile, while PPG Industries (PPG) at 19.49% is closer to the peer norm — stronger capital efficiency for NEM.

NEM

Materials industry group

27.26%

Max: 52.88%
NEM: 27.26%
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%

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

Net Margin (TTM)

Newmont (NEM) at 34.73% retains a top-quartile share of revenue as profit, ahead of PPG Industries (PPG) at 9.41%, which keeps about the industry-typical share.

NEM

Materials industry group

34.73%

Max: 38.66%
NEM: 34.73%
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%

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

Operating Margin (TTM)

Newmont (NEM) at 49.99% operates in the top operating margin quartile, ahead of PPG Industries (PPG) at 14.66%, which runs around its industry’s norm.

NEM

Materials industry group

49.99%

Max: 66.70%
NEM: 49.99%
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%

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

Profitability Metrics

Profitability metrics for Newmont (NEM) and PPG Industries (PPG)
Metric	NEM	PPG
ROE (TTM)	27.26%	19.49%
ROA (TTM)	16.37%	6.22%
Net Margin (TTM)	34.73%	9.41%
Operating Margin (TTM)	49.99%	14.66%
Gross Margin (TTM)	68.04%	41.18%

Growth

Revenue Growth

Both Newmont (NEM) at 21.34% 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.

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

EPS Growth

Newmont (NEM) at 118.84% 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 NEM.

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

Growth Metrics

Growth metrics for Newmont (NEM) and PPG Industries (PPG)
Metric	NEM	PPG
Revenue Growth (YoY)	21.34%	0.19%
Revenue Growth (3Y CAGR)	23.91%	0.55%
EPS Growth (YoY)	118.84%	46.11%
EPS Growth (3Y CAGR)	--	17.12%

Financial Strength

Current Ratio (MRQ)

Both Newmont (NEM) at 2.45 and PPG Industries (PPG) at 1.58 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

NEM

Materials industry group

2.45

Max: 5.96
Q3: 3.30
NEM: 2.45
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

Newmont (NEM) vs. PPG Industries (PPG): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

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

NEM

Materials industry group

0.16

Max: 1.98
Q3: 0.89
Median: 0.47
NEM: 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

Newmont (NEM) 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 Newmont (NEM) and PPG Industries (PPG)
Metric	NEM	PPG
Current Ratio (MRQ)	2.45	1.58
Debt / Equity (MRQ)	0.16	0.87
Net Debt / EBITDA	-0.18	2.11

Dividends

Dividend Yield (TTM)

PPG Industries (PPG) at 2.33% delivers top-quartile income for its industry, while Newmont (NEM) at 0.87% pays a more typical yield — both are credible income propositions, PPG the richer one.

NEM

Materials industry group

0.87%

Max: 4.52%
Q3: 1.85%
NEM: 0.87%
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%

Newmont (NEM) vs. PPG Industries (PPG): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both Newmont (NEM) at 11.95% and PPG Industries (PPG) at 40.31% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

NEM

Materials industry group

11.95%

Max: 83.62%
Q3: 41.37%
NEM: 11.95%
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%

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

Dividend Metrics

Dividend metrics for Newmont (NEM) and PPG Industries (PPG)
Metric	NEM	PPG
Dividend Yield (TTM)	0.87%	2.33%
Dividend Payout Ratio (TTM)	11.95%	40.31%

Valuation

P/E Ratio (TTM)

Both Newmont (NEM) at 14.03 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.

NEM

Materials industry group

14.03

Max: 59.00
Q3: 32.93
Median: 18.82
NEM: 14.03
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

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

P/S Ratio (TTM)

PPG Industries (PPG) at 1.62 is priced about in line with its industry on P/S ratio, while Newmont (NEM) at 4.72 sits in the pricier quartile — NEM costs more per dollar of sales.

NEM

Materials industry group

4.72

Max: 9.62
NEM: 4.72
Q3: 4.34
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

Newmont (NEM) 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 Newmont (NEM) at 3.53 and PPG Industries (PPG) at 3.19 are valued close to their industries’ norm against book — neither stands out from peers.

NEM

Materials industry group

3.53

Max: 6.59
Q3: 3.55
NEM: 3.53
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

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

Valuation Metrics

Valuation metrics for Newmont (NEM) and PPG Industries (PPG)
Metric	NEM	PPG
P/E Ratio (TTM)	14.03	17.19
P/S Ratio (TTM)	4.72	1.62
P/B Ratio (MRQ)	3.53	3.19
Free Cash Flow Yield (TTM)	7.29%	4.06%