GRC vs. PPG

Last updated Jun 4, 2026

GRC (The Gorman-Rupp Company) and PPG (PPG Industries, Inc.) are both stocks. GRC operates in Specialty Industrial Machinery (Industrials), while PPG operates in Specialty Chemicals (Basic Materials). Over the past 10 years, GRC returned 12.16%/yr vs 2.23%/yr for PPG. At a 0.37 correlation, their price movements are largely independent.

Performance

GRC vs. PPG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Gorman-Rupp Company (GRC) and PPG Industries, Inc. (PPG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GRC achieves a 59.99% return, which is significantly higher than PPG's 10.05% return. Over the past 10 years, GRC has outperformed PPG with an annualized return of 12.16%, while PPG has yielded a comparatively lower 2.23% annualized return.

GRC

• 1D: 0.54%
• 1M: 0.66%
• YTD: 59.99%
• 6M: 64.37%
• 1Y: 107.14%
• 3Y*: 45.71%
• 5Y*: 18.02%
• 10Y*: 12.16%

PPG

• 1D: -1.98%
• 1M: 7.72%
• YTD: 10.05%
• 6M: 11.27%
• 1Y: 2.68%
• 3Y*: -5.10%
• 5Y*: -7.49%
• 10Y*: 2.23%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GRC vs. PPG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GRC The Gorman-Rupp Company	59.99%	28.24%	8.87%	42.15%	-41.17%	39.71%	-11.90%	17.64%	11.75%	2.49%
PPG PPG Industries, Inc.	10.05%	-11.96%	-18.46%	21.19%	-25.71%	21.28%	10.08%	32.81%	-11.00%	25.24%

Correlation

The correlation between GRC and PPG is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (10Y) Calculated over the trailing 10-year period	0.49
Correlation (All Time) Calculated using the full available price history since Mar 18, 1992	0.37

The correlation between GRC and PPG shifts across timeframes, from 0.37 (all time) to 0.55 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap GRC : $2.00B PPG : $25.00B
EPS GRC : $2.23 PPG : $7.01
PE Ratio GRC : 34.03 PPG : 15.88
PEG Ratio GRC : 0.70 PPG : 2.11
PS Ratio GRC : 2.88 PPG : 1.56
Total Revenue (TTM) GRC : $695.03M PPG : $16.12B
Gross Profit (TTM) GRC : $210.01M PPG : $4.88B
EBITDA (TTM) GRC : $118.94M PPG : $2.52B

Return for Risk

GRC vs. PPG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GRC

GRC Risk / Return Rank: 95
GRC Sharpe Ratio Rank: 95
GRC Sortino Ratio Rank: 96
GRC Omega Ratio Rank: 93
GRC Calmar Ratio Rank: 95
GRC Martin Ratio Rank: 96

PPG

PPG Risk / Return Rank: 41
PPG Sharpe Ratio Rank: 44
PPG Sortino Ratio Rank: 38
PPG Omega Ratio Rank: 37
PPG Calmar Ratio Rank: 42
PPG Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GRC vs. PPG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Gorman-Rupp Company (GRC) 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.

	GRC	PPG	Difference
Sharpe ratio Return per unit of total volatility	3.16	0.09	+3.06
Sortino ratio Return per unit of downside risk	4.36	0.34	+4.01
Omega ratio Gain probability vs. loss probability	1.51	1.04	+0.47
Calmar ratio Return relative to maximum drawdown	7.49	0.10	+7.38
Martin ratio Return relative to average drawdown	22.81	0.21	+22.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GRC vs. PPG - Sharpe Ratio Comparison

The current GRC Sharpe Ratio is 3.16, which is higher than the PPG Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of GRC and PPG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GRC	PPG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.16	0.09	+3.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	-0.27	+0.86
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	0.08	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.38	-0.10

Drawdowns

GRC vs. PPG - Drawdown Comparison

The maximum GRC drawdown since its inception was -67.23%, which is greater than PPG's maximum drawdown of -63.02%. Use the drawdown chart below to compare losses from any high point for GRC and PPG.

Drawdown Indicators

	GRC	PPG	Difference
Max Drawdown Largest peak-to-trough decline	-67.23%	-63.02%	-4.21%
Max Drawdown (1Y) Largest decline over 1 year	-14.39%	-25.68%	+11.29%
Max Drawdown (3Y) Largest decline over 3 years	-26.87%	-37.41%	+10.54%
Max Drawdown (5Y) Largest decline over 5 years	-49.26%	-46.02%	-3.24%
Max Drawdown (10Y) Largest decline over 10 years	-49.26%	-46.02%	-3.24%
Current Drawdown Current decline from peak	-2.18%	-32.23%	+30.05%
Average Drawdown Average peak-to-trough decline	-17.64%	-13.25%	-4.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.71%	12.64%	-7.93%

Volatility

GRC vs. PPG - Volatility Comparison

The Gorman-Rupp Company (GRC) and PPG Industries, Inc. (PPG) have volatilities of 8.79% and 9.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GRC	PPG	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.79%	9.13%	-0.34%
Volatility (6M) Calculated over the trailing 6-month period	27.73%	22.82%	+4.91%
Volatility (1Y) Calculated over the trailing 1-year period	34.14%	28.86%	+5.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.71%	27.55%	+3.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.04%	27.45%	+6.59%

Dividends

GRC vs. PPG - Dividend Comparison

GRC's dividend yield for the trailing twelve months is around 0.99%, less than PPG's 2.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GRC The Gorman-Rupp Company	0.99%	1.56%	1.91%	1.98%	2.67%	1.43%	1.82%	1.47%	7.74%	1.51%	1.39%	1.52%
PPG PPG Industries, Inc.	2.55%	2.71%	2.23%	1.70%	1.92%	1.31%	1.46%	1.48%	1.82%	1.46%	1.65%	1.43%

Financials

GRC vs. PPG - Profitability Comparison

The chart below illustrates the profitability comparison between The Gorman-Rupp Company and PPG Industries, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GRC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Gorman-Rupp Company reported a gross profit of 57.36M and revenue of 176.59M. Therefore, the gross margin over that period was 32.5%.

PPG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PPG Industries, Inc. reported a gross profit of 0.00 and revenue of 3.93B. Therefore, the gross margin over that period was 0.0%.

GRC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Gorman-Rupp Company reported an operating income of 27.48M and revenue of 176.59M, resulting in an operating margin of 15.6%.

PPG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PPG Industries, Inc. reported an operating income of 385.00M and revenue of 3.93B, resulting in an operating margin of 9.8%.

GRC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Gorman-Rupp Company reported a net income of 17.84M and revenue of 176.59M, resulting in a net margin of 10.1%.

PPG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PPG Industries, Inc. reported a net income of 382.00M and revenue of 3.93B, resulting in a net margin of 9.7%.

Frequently Asked Questions

Can I hold both GRC and PPG in my portfolio?

GRC and PPG have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GRC or PPG?

PPG has higher volatility (9.13%) compared to GRC (8.79%). In terms of maximum drawdown, GRC dropped -67.23% vs PPG's -63.02%.

Which has better risk-adjusted returns?

GRC currently has the higher Sharpe Ratio (3.16 vs 0.09), 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.