ECL vs PPG

Ecolab and PPG Industries, both Basic Materials

Ecolab is the larger company at $76B against $26B. On trailing earnings PPG is the cheaper of the two at a P/E of 16.3 against 39.0, a gap that is only a bargain if the two are growing at similar rates. Over the past year PPG returned +11% against +9.3% for ECL. Ryufin's sector-relative Smart Score puts PPG ahead, 8/10 against 6/10.

Ecolab and PPG Industriescompared on valuation, return and Ryufin’s Smart Score
FigureECLPPG
Last close$291$114
Market cap$76B$26B
Trailing P/Elower is cheaper for the same earnings, not automatically better39.016.3
Dividend yield0.9%2.4%
1-year return+9.3%+11%
5-year return+39%-22%
Ryufin Smart Scoresector-relative, 1–106/108/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Ecolab

Revenue of $4.4B in Q2 2026, net income $539M. Its largest reported line is United States, 43% of the disclosed total.

PPG Industries

Revenue of $3.9B in Q1 2026, net income $382M. Its largest reported line is North America, 46% of the disclosed total.

Open these two in the interactive comparison to add more names, change the period or read the correlation.