ESI vs. PPG
ESI (Element Solutions Inc) and PPG (PPG Industries, Inc.) are both stocks. Both operate in the Specialty Chemicals industry within the Basic Materials sector. Over the past 10 years, ESI returned 15.75%/yr vs 2.79%/yr for PPG. Their 0.51 correlation means they have sometimes moved together and sometimes differently.
Performance
ESI vs. PPG - Performance Comparison
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Returns By Period
In the year-to-date period, ESI achieves a 51.45% return, which is significantly higher than PPG's 12.64% return. Over the past 10 years, ESI has outperformed PPG with an annualized return of 15.75%, while PPG has yielded a comparatively lower 2.79% annualized return.
ESI
- 1D
- 2.61%
- 1M
- -13.63%
- 6M
- 27.91%
- YTD
- 51.45%
- 1Y
- 64.36%
- 3Y*
- 24.07%
- 5Y*
- 12.29%
- 10Y*
- 15.75%
- ALL TIME*
- 10.02%
PPG
- 1D
- 3.16%
- 1M
- -9.03%
- 6M
- -0.90%
- YTD
- 12.64%
- 1Y
- 12.07%
- 3Y*
- -4.59%
- 5Y*
- -5.04%
- 10Y*
- 2.79%
- ALL TIME*
- 10.65%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $219.65M | $285.50M | $193.75M | |
| $282.59M | $242.52M | $228.21M |
ESI vs. PPG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESI Element Solutions Inc | 51.45% | -0.44% | 11.29% | 29.26% | -23.91% | 38.51% | 52.36% | 13.07% | 4.13% | 1.12% |
PPG PPG Industries, Inc. | 12.64% | -11.96% | -18.46% | 21.19% | -25.71% | 21.28% | 10.08% | 32.81% | -11.00% | 25.24% |
Correlation
The correlation between ESI and PPG is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.51 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.56 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.53 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2013 | 0.51 |
The correlation between ESI and PPG shifts across timeframes, from 0.42 (1 year) to 0.56 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ESI:
$9.18B
PPG:
$25.34B
ESI:
$0.73
PPG:
$6.98
ESI:
51.28
PPG:
16.32
ESI:
4.94
PPG:
2.17
ESI:
2.91
PPG:
1.56
ESI:
$3.15B
PPG:
$16.42B
ESI:
$1.21B
PPG:
$3.12B
ESI:
$335.10M
PPG:
$2.55B
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Return for Risk
ESI vs. PPG — Risk / Return Rank
ESI
PPG
ESI vs. PPG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Element Solutions Inc (ESI) and PPG Industries, Inc. (PPG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ESI | PPG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.05 | ||
| Sortino ratioReturn per unit of downside risk | +1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.09 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | 0.47 | +1.75 |
| Martin ratioReturn relative to average drawdown | 7.51 | 1.01 | +6.50 |
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Drawdowns
ESI vs. PPG - Drawdown Comparison
The maximum ESI drawdown since its inception was -80.66%, which is greater than PPG's maximum drawdown of -63.02%. Use the drawdown chart below to compare losses from any high point for ESI and PPG.
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Drawdown Indicators
| ESI | PPG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.66% | -63.02% | -17.64% |
Max Drawdown (1Y)Largest decline over 1 year | -29.13% | -25.68% | -3.45% |
Max Drawdown (3Y)Largest decline over 3 years | -39.98% | -37.41% | -2.57% |
Max Drawdown (5Y)Largest decline over 5 years | -39.98% | -43.55% | +3.57% |
Max Drawdown (10Y)Largest decline over 10 years | -56.24% | -46.02% | -10.22% |
Current DrawdownCurrent decline from peak | -23.22% | -30.64% | +7.42% |
Average DrawdownAverage peak-to-trough decline | -35.91% | -13.31% | -22.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.59% | 11.94% | -3.35% |
Volatility
ESI vs. PPG - Volatility Comparison
Element Solutions Inc (ESI) has a higher volatility of 15.63% compared to PPG Industries, Inc. (PPG) at 11.43%. This indicates that ESI's price experiences larger fluctuations and is considered to be riskier than PPG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESI | PPG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.63% | 11.43% | +4.20% |
Volatility (6M)Calculated over the trailing 6-month period | 38.18% | 25.74% | +12.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.73% | 30.23% | +14.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.60% | 28.05% | +7.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.02% | 27.58% | +9.44% |
Dividends
ESI vs. PPG - Dividend Comparison
ESI's dividend yield for the trailing twelve months is around 0.85%, less than PPG's 2.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESI Element Solutions Inc | 0.85% | 1.28% | 1.26% | 1.38% | 1.76% | 1.03% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PPG PPG Industries, Inc. | 2.49% | 2.71% | 2.23% | 1.70% | 1.92% | 1.31% | 1.46% | 1.48% | 1.82% | 1.46% | 1.65% | 1.43% |
Financials
ESI vs. PPG - Financials Comparison
This section allows you to compare key financial metrics between Element Solutions Inc and PPG Industries, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ESI vs. PPG - Profitability Comparison
ESI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Element Solutions Inc reported a gross profit of 334.00M and revenue of 977.90M. Therefore, the gross margin over that period was 34.2%.
PPG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, PPG Industries, Inc. reported a gross profit of -1.66B and revenue of 4.50B. Therefore, the gross margin over that period was -36.8%.
ESI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Element Solutions Inc reported an operating income of 113.70M and revenue of 977.90M, resulting in an operating margin of 11.6%.
PPG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, PPG Industries, Inc. reported an operating income of 302.00M and revenue of 4.50B, resulting in an operating margin of 6.7%.
ESI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Element Solutions Inc reported a net income of 77.30M and revenue of 977.90M, resulting in a net margin of 7.9%.
PPG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, PPG Industries, Inc. reported a net income of 437.00M and revenue of 4.50B, resulting in a net margin of 9.7%.
Frequently Asked Questions
ESI and PPG have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ESI has higher volatility (15.63%) compared to PPG (11.43%). In terms of maximum drawdown, ESI dropped -80.66% vs PPG's -63.02%.
ESI currently has the higher Sharpe Ratio (1.45 vs 0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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