PPG vs. RS: PPG Industries vs. Reliance Stock Comparison

November 11, 2026

How do PPG Industries (PPG) and Reliance (RS) 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

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

Company profile comparison for PPG Industries (PPG) and Reliance (RS)
Profile Item	PPG	RS
Name	PPG Industries, Inc.	Reliance, Inc.
Country/Region	United States	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Chemicals	Metals & Mining
GICS Sub-Industry	Specialty Chemicals	Steel
Market Capitalization	27.03 billion USD	21.24 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	September 16, 1994
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

PPG

GSPC

PPG Industries (PPG) vs. Reliance (RS), 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 PPG Industries (PPG) and Reliance (RS). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for PPG Industries (PPG) and Reliance (RS)
Metric	PPG	RS
Total Return (1Y)	33.84%	54.53%
Total Return (3Y, Annualized)	1.70%	18.36%
Total Return (5Y, Annualized)	-2.93%	22.28%

Risk Profile

Drawdown History

PPG

GSPC

PPG Industries (PPG) vs. Reliance (RS), 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 PPG Industries (PPG) and Reliance (RS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for PPG Industries (PPG) and Reliance (RS)
Metric	PPG	RS
Volatility (1Y, Annualized)	31.28%	25.64%
Beta (5Y)	0.97	0.97
Max Drawdown (5Y)	-43.55%	-22.32%
Avg. Volume (3M)	1.73M	311.43K

Risk-Adjusted Performance

Risk-Return Positioning

PPG and RS 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 PPG Industries (PPG) and Reliance (RS)
Metric	PPG	RS
Sharpe Ratio (1Y)	0.95	1.96
Sortino Ratio (1Y)	1.45	2.92

Profitability

ROE (TTM)

Both PPG Industries (PPG) at 19.49% and Reliance (RS) at 14.75% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

PPG

Materials industry group

19.49%

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

RS

Materials industry group

14.75%

Max: 52.88%
Q3: 19.49%
RS: 14.75%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

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

Net Margin (TTM)

Both PPG Industries (PPG) at 9.41% and Reliance (RS) at 6.38% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

PPG

Materials industry group

9.41%

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

RS

Materials industry group

6.38%

Max: 38.66%
Q3: 15.98%
RS: 6.38%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

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

Operating Margin (TTM)

Both PPG Industries (PPG) at 14.66% and Reliance (RS) at 10.63% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

PPG

Materials industry group

14.66%

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

RS

Materials industry group

10.63%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
RS: 10.63%
Q1: 3.28%
Min: -14.07%

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

Profitability Metrics

Profitability metrics for PPG Industries (PPG) and Reliance (RS)
Metric	PPG	RS
ROE (TTM)	19.49%	14.75%
ROA (TTM)	6.22%	8.83%
Net Margin (TTM)	9.41%	6.38%
Operating Margin (TTM)	14.66%	10.63%
Gross Margin (TTM)	41.18%	28.17%

Growth

Revenue Growth

Both PPG Industries (PPG) at 0.19% and Reliance (RS) at 3.32% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Both PPG Industries (PPG) at 46.11% and Reliance (RS) at -10.15% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for PPG Industries (PPG) and Reliance (RS)
Metric	PPG	RS
Revenue Growth (YoY)	0.19%	3.32%
Revenue Growth (3Y CAGR)	0.55%	-5.66%
EPS Growth (YoY)	46.11%	-10.15%
EPS Growth (3Y CAGR)	17.12%	-22.40%

Financial Strength

Current Ratio (MRQ)

PPG Industries (PPG) at 1.58 keeps current ratio within its industry’s typical mid-range, while Reliance (RS) at 4.12 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

PPG

Materials industry group

1.58

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

RS

Materials industry group

4.12

Max: 5.96
RS: 4.12
Q3: 3.30
Median: 2.24
Q1: 1.45
Min: 0.16

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

Debt / Equity (MRQ)

Both PPG Industries (PPG) at 0.87 and Reliance (RS) at 0.25 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

PPG

Materials industry group

0.87

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

RS

Materials industry group

0.25

Max: 1.98
Q3: 0.89
Median: 0.47
RS: 0.25
Q1: 0.13
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for PPG Industries (PPG) and Reliance (RS)
Metric	PPG	RS
Current Ratio (MRQ)	1.58	4.12
Debt / Equity (MRQ)	0.87	0.25
Net Debt / EBITDA	2.11	0.93

Dividends

Dividend Yield (TTM)

PPG Industries (PPG) at 2.33% delivers top-quartile income for its industry, while Reliance (RS) at 1.20% pays a more typical yield — both are credible income propositions, PPG the richer one.

PPG

Materials industry group

2.33%

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

RS

Materials industry group

1.20%

Max: 4.52%
Q3: 1.85%
RS: 1.20%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Both PPG Industries (PPG) at 40.31% and Reliance (RS) at 23.08% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

PPG

Materials industry group

40.31%

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

RS

Materials industry group

23.08%

Max: 83.62%
Q3: 41.37%
RS: 23.08%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for PPG Industries (PPG) and Reliance (RS)
Metric	PPG	RS
Dividend Yield (TTM)	2.33%	1.20%
Dividend Payout Ratio (TTM)	40.31%	23.08%

Valuation

P/E Ratio (TTM)

Both PPG Industries (PPG) at 17.19 and Reliance (RS) at 19.44 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

PPG

Materials industry group

17.19

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

RS

Materials industry group

19.44

Max: 59.00
Q3: 32.93
RS: 19.44
Median: 18.82
Q1: 11.96
Min: 3.93

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

P/S Ratio (TTM)

On P/S ratio, both PPG Industries (PPG) at 1.62 and Reliance (RS) at 1.22 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

PPG

Materials industry group

1.62

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

RS

Materials industry group

1.22

Max: 9.62
Q3: 4.34
Median: 1.87
RS: 1.22
Q1: 0.73
Min: 0.00

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

P/B Ratio (MRQ)

On P/B ratio, both PPG Industries (PPG) at 3.19 and Reliance (RS) at 2.75 are valued close to their industries’ norm against book — neither stands out from peers.

PPG

Materials industry group

3.19

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

RS

Materials industry group

2.75

Max: 6.59
Q3: 3.55
RS: 2.75
Median: 2.08
Q1: 1.26
Min: -0.17

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

Valuation Metrics

Valuation metrics for PPG Industries (PPG) and Reliance (RS)
Metric	PPG	RS
P/E Ratio (TTM)	17.19	19.44
P/S Ratio (TTM)	1.62	1.22
P/B Ratio (MRQ)	3.19	2.75
Free Cash Flow Yield (TTM)	4.06%	1.19%