Chemicals - Specialty
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SHW vs EMN vs PPG vs LYB vs DOW
Revenue, margins, valuation, and 5-year total return — side by side.
Chemicals - Specialty
Chemicals - Specialty
Chemicals - Specialty
Chemicals
SHW vs EMN vs PPG vs LYB vs DOW — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Chemicals - Specialty | Chemicals - Specialty | Chemicals - Specialty | Chemicals - Specialty | Chemicals |
| Market Cap | $78.98B | $8.43B | $24.38B | $23.04B | $26.86B |
| Revenue (TTM) | $23.94B | $8.64B | $16.12B | $22.48B | $39.33B |
| Net Income (TTM) | $2.60B | $399M | $1.58B | $-774M | $-2.76B |
| Gross Margin | 49.1% | 19.8% | 40.6% | -19.3% | 6.2% |
| Operating Margin | 16.1% | 9.4% | 12.8% | -0.9% | -2.3% |
| Forward P/E | 27.3x | 12.5x | 13.8x | 9.9x | 12.6x |
| Total Debt | $14.53B | $5.08B | $7.45B | $15.96B | $19.60B |
| Cash & Equiv. | $207M | $566M | $2.16B | $3.45B | $3.82B |
SHW vs EMN vs PPG vs LYB vs DOW — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| The Sherwin-William… (SHW) | 100 | 161.8 | +61.8% |
| Eastman Chemical Co… (EMN) | 100 | 108.2 | +8.2% |
| PPG Industries, Inc. (PPG) | 100 | 107.1 | +7.1% |
| LyondellBasell Indu… (LYB) | 100 | 112.1 | +12.1% |
| Dow Inc. (DOW) | 100 | 96.7 | -3.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: SHW vs EMN vs PPG vs LYB vs DOW
Each card shows where this stock fits in a portfolio — not just who wins on paper.
SHW carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 2.1%, EPS growth -2.7%, 3Y rev CAGR 2.1%
- 250.0% 10Y total return vs LYB's 48.6%
- 2.1% revenue growth vs LYB's -25.2%
- 10.9% margin vs DOW's -7.0%
Among these 5 stocks, EMN doesn't own a clear edge in any measured category.
PPG is the #2 pick in this set and the best alternative if valuation efficiency is your priority.
- PEG 1.50 vs SHW's 3.94
- Better valuation composite
LYB ranks third and is worth considering specifically for income & stability and defensive.
- Dividend streak 2 yrs, beta 0.38, yield 7.7%
- Beta 0.38, yield 7.7%, current ratio 1.77x
- Beta 0.38 vs EMN's 1.36
DOW is the clearest fit if your priority is sleep-well-at-night.
- Lower volatility, beta 0.76, current ratio 1.97x
- +37.3% vs SHW's -8.0%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 2.1% revenue growth vs LYB's -25.2% | |
| Value | Better valuation composite | |
| Quality / Margins | 10.9% margin vs DOW's -7.0% | |
| Stability / Safety | Beta 0.38 vs EMN's 1.36 | |
| Dividends | 1.0% yield, 37-year raise streak, vs LYB's 7.7% | |
| Momentum (1Y) | +37.3% vs SHW's -8.0% | |
| Efficiency (ROA) | 10.0% ROA vs DOW's -4.6%, ROIC 16.5% vs 0.6% |
SHW vs EMN vs PPG vs LYB vs DOW — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
SHW vs EMN vs PPG vs LYB vs DOW — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
SHW leads in 2 of 6 categories
EMN leads 1 • PPG leads 1 • LYB leads 0 • DOW leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
SHW leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
DOW is the larger business by revenue, generating $39.3B annually — 4.6x EMN's $8.6B. SHW is the more profitable business, keeping 10.9% of every revenue dollar as net income compared to DOW's -7.0%. On growth, SHW holds the edge at +6.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $23.9B | $8.6B | $16.1B | $22.5B | $39.3B |
| EBITDAEarnings before interest/tax | $4.5B | $1.2B | $2.6B | $865M | $1.3B |
| Net IncomeAfter-tax profit | $2.6B | $399M | $1.6B | -$774M | -$2.8B |
| Free Cash FlowCash after capex | $2.9B | $498M | $1.2B | $3.1B | -$2.0B |
| Gross MarginGross profit ÷ Revenue | +49.1% | +19.8% | +40.6% | -19.3% | +6.2% |
| Operating MarginEBIT ÷ Revenue | +16.1% | +9.4% | +12.8% | -0.9% | -2.3% |
| Net MarginNet income ÷ Revenue | +10.9% | +4.6% | +9.8% | -3.4% | -7.0% |
| FCF MarginFCF ÷ Revenue | +12.1% | +5.8% | +7.6% | +13.6% | -5.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +6.8% | -4.9% | +6.7% | -100.0% | -6.1% |
| EPS Growth (YoY)Latest quarter vs prior year | +7.5% | -40.8% | +4.3% | -100.0% | -68.2% |
Valuation Metrics
EMN leads this category, winning 3 of 7 comparable metrics.
Valuation Metrics
At 15.7x trailing earnings, PPG trades at a 50% valuation discount to SHW's 31.2x P/E. Adjusting for growth (PEG ratio), PPG offers better value at 1.71x vs EMN's 5.59x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $79.0B | $8.4B | $24.4B | $23.0B | $26.9B |
| Enterprise ValueMkt cap + debt − cash | $93.3B | $12.9B | $29.7B | $35.5B | $42.6B |
| Trailing P/EPrice ÷ TTM EPS | 31.18x | 17.97x | 15.74x | -30.43x | -10.11x |
| Forward P/EPrice ÷ next-FY EPS est. | 27.27x | 12.50x | 13.82x | 9.92x | 12.62x |
| PEG RatioP/E ÷ EPS growth rate | 4.51x | 5.59x | 1.71x | — | — |
| EV / EBITDAEnterprise value multiple | 21.24x | 8.96x | 11.00x | 33.44x | 13.78x |
| Price / SalesMarket cap ÷ Revenue | 3.35x | 0.96x | 1.54x | 0.76x | 0.67x |
| Price / BookPrice ÷ Book value/share | 17.33x | 1.41x | — | 2.26x | 1.52x |
| Price / FCFMarket cap ÷ FCF | 29.76x | 19.87x | 20.96x | 59.99x | — |
Profitability & Efficiency
PPG leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
SHW delivers a 58.2% return on equity — every $100 of shareholder capital generates $58 in annual profit, vs $-15 for DOW. EMN carries lower financial leverage with a 0.84x debt-to-equity ratio, signaling a more conservative balance sheet compared to SHW's 3.16x. On the Piotroski fundamental quality scale (0–9), PPG scores 7/9 vs DOW's 3/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +58.2% | +6.7% | +31.1% | -7.2% | -15.4% |
| ROA (TTM)Return on assets | +10.0% | +2.6% | +8.5% | -3.0% | -4.6% |
| ROICReturn on invested capital | +16.5% | +6.7% | +23.5% | -1.1% | +0.6% |
| ROCEReturn on capital employed | +21.3% | +7.5% | +24.8% | -1.1% | +0.5% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 5 | 7 | 3 | 3 |
| Debt / EquityFinancial leverage | 3.16x | 0.84x | — | 1.56x | 1.12x |
| Net DebtTotal debt minus cash | $14.3B | $4.5B | $5.3B | $12.5B | $15.8B |
| Cash & Equiv.Liquid assets | $207M | $566M | $2.2B | $3.4B | $3.8B |
| Total DebtShort + long-term debt | $14.5B | $5.1B | $7.4B | $16.0B | $19.6B |
| Interest CoverageEBIT ÷ Interest expense | 7.83x | 2.22x | 9.16x | -1.42x | -1.51x |
Total Returns (Dividends Reinvested)
SHW leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in SHW five years ago would be worth $11,612 today (with dividends reinvested), compared to $6,784 for PPG. Over the past 12 months, DOW leads with a +37.3% total return vs SHW's -8.0%. The 3-year compound annual growth rate (CAGR) favors SHW at 12.5% vs DOW's -6.2% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -2.1% | +15.8% | +5.1% | +62.6% | +55.2% |
| 1-Year ReturnPast 12 months | -8.0% | +2.3% | +4.7% | +37.2% | +37.3% |
| 3-Year ReturnCumulative with dividends | +42.4% | +3.4% | -15.6% | -5.5% | -17.5% |
| 5-Year ReturnCumulative with dividends | +16.1% | -28.4% | -32.2% | -11.3% | -27.2% |
| 10-Year ReturnCumulative with dividends | +250.0% | +35.4% | +21.7% | +48.6% | +12.2% |
| CAGR (3Y)Annualised 3-year return | +12.5% | +1.1% | -5.5% | -1.9% | -6.2% |
Risk & Volatility
Evenly matched — EMN and LYB each lead in 1 of 2 comparable metrics.
Risk & Volatility
LYB is the less volatile stock with a 0.38 beta — it tends to amplify market swings less than EMN's 1.36 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. EMN currently trades 87.5% from its 52-week high vs PPG's 81.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.79x | 1.36x | 1.07x | 0.38x | 0.76x |
| 52-Week HighHighest price in past year | $379.65 | $84.18 | $133.43 | $83.94 | $42.74 |
| 52-Week LowLowest price in past year | $301.58 | $56.11 | $93.39 | $41.58 | $20.40 |
| % of 52W HighCurrent price vs 52-week peak | +84.3% | +87.5% | +81.6% | +85.2% | +87.3% |
| RSI (14)Momentum oscillator 0–100 | 47.6 | 56.9 | 54.7 | 50.9 | 48.9 |
| Avg Volume (50D)Average daily shares traded | 1.6M | 1.5M | 2.0M | 8.1M | 14.4M |
Analyst Outlook
Evenly matched — SHW and LYB each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: SHW as "Buy", EMN as "Buy", PPG as "Buy", LYB as "Hold", DOW as "Hold". Consensus price targets imply 21.6% upside for SHW (target: $389) vs 2.9% for LYB (target: $74). For income investors, LYB offers the higher dividend yield at 7.66% vs SHW's 0.99%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Hold | Hold |
| Price TargetConsensus 12-month target | $389.43 | $77.29 | $127.67 | $73.60 | $39.55 |
| # AnalystsCovering analysts | 38 | 35 | 38 | 39 | 35 |
| Dividend YieldAnnual dividend ÷ price | +1.0% | +4.5% | +2.5% | +7.7% | +5.6% |
| Dividend StreakConsecutive years of raises | 37 | 12 | 15 | 2 | 0 |
| Dividend / ShareAnnual DPS | $3.17 | $3.30 | $2.77 | $5.48 | $2.09 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.2% | +3.2% | +0.9% | 0.0% |
SHW leads in 2 of 6 categories (Income & Cash Flow, Total Returns). EMN leads in 1 (Valuation Metrics). 2 tied.
SHW vs EMN vs PPG vs LYB vs DOW: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is SHW or EMN or PPG or LYB or DOW a better buy right now?
For growth investors, The Sherwin-Williams Company (SHW) is the stronger pick with 2.
1% revenue growth year-over-year, versus -25. 2% for LyondellBasell Industries N. V. (LYB). PPG Industries, Inc. (PPG) offers the better valuation at 15. 7x trailing P/E (13. 8x forward), making it the more compelling value choice. Analysts rate The Sherwin-Williams Company (SHW) a "Buy" — based on 38 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — SHW or EMN or PPG or LYB or DOW?
On trailing P/E, PPG Industries, Inc.
(PPG) is the cheapest at 15. 7x versus The Sherwin-Williams Company at 31. 2x. On forward P/E, LyondellBasell Industries N. V. is actually cheaper at 9. 9x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: PPG Industries, Inc. wins at 1. 50x versus The Sherwin-Williams Company's 3. 94x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — SHW or EMN or PPG or LYB or DOW?
Over the past 5 years, The Sherwin-Williams Company (SHW) delivered a total return of +16.
1%, compared to -32. 2% for PPG Industries, Inc. (PPG). Over 10 years, the gap is even starker: SHW returned +250. 0% versus DOW's +12. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — SHW or EMN or PPG or LYB or DOW?
By beta (market sensitivity over 5 years), LyondellBasell Industries N.
V. (LYB) is the lower-risk stock at 0. 38β versus Eastman Chemical Company's 1. 36β — meaning EMN is approximately 256% more volatile than LYB relative to the S&P 500. On balance sheet safety, Eastman Chemical Company (EMN) carries a lower debt/equity ratio of 84% versus 3% for The Sherwin-Williams Company — giving it more financial flexibility in a downturn.
05Which is growing faster — SHW or EMN or PPG or LYB or DOW?
By revenue growth (latest reported year), The Sherwin-Williams Company (SHW) is pulling ahead at 2.
1% versus -25. 2% for LyondellBasell Industries N. V. (LYB). On earnings-per-share growth, the picture is similar: PPG Industries, Inc. grew EPS 45. 7% year-over-year, compared to -335. 0% for Dow Inc.. Over a 3-year CAGR, SHW leads at 2. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — SHW or EMN or PPG or LYB or DOW?
The Sherwin-Williams Company (SHW) is the more profitable company, earning 10.
9% net margin versus -6. 6% for Dow Inc. — meaning it keeps 10. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: SHW leads at 16. 1% versus -1. 1% for LYB. At the gross margin level — before operating expenses — SHW leads at 48. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is SHW or EMN or PPG or LYB or DOW more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, PPG Industries, Inc. (PPG) is the more undervalued stock at a PEG of 1. 50x versus The Sherwin-Williams Company's 3. 94x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, LyondellBasell Industries N. V. (LYB) trades at 9. 9x forward P/E versus 27. 3x for The Sherwin-Williams Company — 17. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SHW: 21. 6% to $389. 43.
08Which pays a better dividend — SHW or EMN or PPG or LYB or DOW?
All stocks in this comparison pay dividends.
LyondellBasell Industries N. V. (LYB) offers the highest yield at 7. 7%, versus 1. 0% for The Sherwin-Williams Company (SHW).
09Is SHW or EMN or PPG or LYB or DOW better for a retirement portfolio?
For long-horizon retirement investors, LyondellBasell Industries N.
V. (LYB) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 38), 7. 7% yield). Both have compounded well over 10 years (LYB: +48. 6%, EMN: +35. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between SHW and EMN and PPG and LYB and DOW?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: SHW is a mid-cap quality compounder stock; EMN is a small-cap deep-value stock; PPG is a mid-cap deep-value stock; LYB is a mid-cap income-oriented stock; DOW is a mid-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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