NTR vs. PPG: Nutrien vs. PPG Industries Stock Comparison

November 11, 2026

How do Nutrien (NTR) 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

Nutrien (NTR) and PPG Industries (PPG) both belong to the Chemicals industry, though NTR is classified under Fertilizers & Agricultural Chemicals while PPG falls under Specialty Chemicals.

Company profile comparison for Nutrien (NTR) and PPG Industries (PPG)
Profile Item	NTR	PPG
Name	Nutrien Ltd.	PPG Industries, Inc.
Country/Region	Canada	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Chemicals	Chemicals
GICS Sub-Industry	Fertilizers & Agricultural Chemicals	Specialty Chemicals
Market Capitalization	33.89 billion USD	27.03 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 2018	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

NTR

PPG

GSPC

Nutrien (NTR) 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 Nutrien (NTR) and PPG Industries (PPG). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

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

Performance Metrics

Price performance metrics for Nutrien (NTR) and PPG Industries (PPG)
Metric	NTR	PPG
Total Return (1Y)	30.80%	33.84%
Total Return (3Y, Annualized)	13.84%	1.70%
Total Return (5Y, Annualized)	4.29%	-2.93%

Risk Profile

Drawdown History

NTR

PPG

GSPC

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

Risk Metrics

Risk profile metrics for Nutrien (NTR) and PPG Industries (PPG)
Metric	NTR	PPG
Volatility (1Y, Annualized)	32.77%	31.28%
Beta (5Y)	0.64	0.97
Max Drawdown (5Y)	-58.17%	-43.55%
Avg. Volume (3M)	2.56M	1.73M

Risk-Adjusted Performance

Risk-Return Positioning

NTR 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 Nutrien (NTR) and PPG Industries (PPG)
Metric	NTR	PPG
Sharpe Ratio (1Y)	0.81	0.95
Sortino Ratio (1Y)	1.18	1.45

Profitability

ROE (TTM)

Both Nutrien (NTR) at 8.76% 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.

NTR

Materials industry group

8.76%

Max: 52.88%
Q3: 19.49%
NTR: 8.76%
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%

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

Net Margin (TTM)

Both Nutrien (NTR) at 8.04% 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.

NTR

Materials industry group

8.04%

Max: 38.66%
Q3: 15.98%
NTR: 8.04%
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%

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

Operating Margin (TTM)

Both Nutrien (NTR) at 10.97% and PPG Industries (PPG) at 14.66% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

NTR

Materials industry group

10.97%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
NTR: 10.97%
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%

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

Profitability Metrics

Profitability metrics for Nutrien (NTR) and PPG Industries (PPG)
Metric	NTR	PPG
ROE (TTM)	8.76%	19.49%
ROA (TTM)	4.24%	6.22%
Net Margin (TTM)	8.04%	9.41%
Operating Margin (TTM)	10.97%	14.66%
Gross Margin (TTM)	31.60%	41.18%

Growth

Revenue Growth

Both Nutrien (NTR) at 3.52% 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.

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

EPS Growth

Nutrien (NTR) at 242.65% 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 NTR.

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

Growth Metrics

Growth metrics for Nutrien (NTR) and PPG Industries (PPG)
Metric	NTR	PPG
Revenue Growth (YoY)	3.52%	0.19%
Revenue Growth (3Y CAGR)	-10.80%	0.55%
EPS Growth (YoY)	242.65%	46.11%
EPS Growth (3Y CAGR)	-30.99%	17.12%

Financial Strength

Current Ratio (MRQ)

PPG Industries (PPG) at 1.58 keeps current ratio within its industry’s typical mid-range, while Nutrien (NTR) at 1.41 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for NTR.

NTR

Materials industry group

1.41

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
NTR: 1.41
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

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

Debt / Equity (MRQ)

Both Nutrien (NTR) at 0.55 and PPG Industries (PPG) at 0.87 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

NTR

Materials industry group

0.55

Max: 1.98
Q3: 0.89
NTR: 0.55
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

Nutrien (NTR) 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 Nutrien (NTR) and PPG Industries (PPG)
Metric	NTR	PPG
Current Ratio (MRQ)	1.41	1.58
Debt / Equity (MRQ)	0.55	0.87
Net Debt / EBITDA	2.38	2.11

Dividends

Dividend Yield (TTM)

Both Nutrien (NTR) at 3.03% and PPG Industries (PPG) at 2.33% offer top-quartile dividend income relative to share price within their industries.

NTR

Materials industry group

3.03%

Max: 4.52%
NTR: 3.03%
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%

Nutrien (NTR) 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 Nutrien (NTR) at 47.93% distributes more than its industry norm — less retained, thinner cover.

NTR

Materials industry group

47.93%

Max: 83.62%
NTR: 47.93%
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%

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

Dividend Metrics

Dividend metrics for Nutrien (NTR) and PPG Industries (PPG)
Metric	NTR	PPG
Dividend Yield (TTM)	3.03%	2.33%
Dividend Payout Ratio (TTM)	47.93%	40.31%

Valuation

P/E Ratio (TTM)

Both Nutrien (NTR) at 15.61 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.

NTR

Materials industry group

15.61

Max: 59.00
Q3: 32.93
Median: 18.82
NTR: 15.61
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

Nutrien (NTR) 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 Nutrien (NTR) at 1.24 and PPG Industries (PPG) at 1.62 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

NTR

Materials industry group

1.24

Max: 9.62
Q3: 4.34
Median: 1.87
NTR: 1.24
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

Nutrien (NTR) 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 Nutrien (NTR) at 1.32 and PPG Industries (PPG) at 3.19 are valued close to their industries’ norm against book — neither stands out from peers.

NTR

Materials industry group

1.32

Max: 6.59
Q3: 3.55
Median: 2.08
NTR: 1.32
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

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

Valuation Metrics

Valuation metrics for Nutrien (NTR) and PPG Industries (PPG)
Metric	NTR	PPG
P/E Ratio (TTM)	15.61	17.19
P/S Ratio (TTM)	1.24	1.62
P/B Ratio (MRQ)	1.32	3.19
Free Cash Flow Yield (TTM)	5.77%	4.06%