Eastman Chemical Co. vs PPG Industries
Prices at close . Model readings .
Eastman Chemical Co.
$66.67+0.83%- Market value
- $7.69B
- P/E
- 14.9
- 1 year
- +8.4%
PPG Industries
$118.44+4.41%- Market value
- $26.44B
- P/E
- 14.8
- 1 year
- +15.3%
Price change, with the S&P 500 as a benchmark
Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.
How the two compare
On the latest closes (28 Oct 2026), PPG Industries is the larger company by market value ($26.44B against $7.69B). Over the past year Eastman Chemical Co. returned +8.4% and PPG Industries +15.3%, while the S&P 500 returned +12.7%. The latest filed P/E is 14.9 for Eastman Chemical Co. and 14.8 for PPG Industries, and the operating margin 5.7% against 17.4%. Over the next 21 sessions the model expects −0.54% for Eastman Chemical Co., with a 16% chance of a rise, and −0.31% for PPG Industries, with a 28% chance. Eastman Chemical Co.'s long-run fair value is $64.90, a gap of −2.7% to its price; the long-run model view is neutral. PPG Industries' long-run fair value is $82.51, a gap of −30.3% to its price; the long-run model view is negative.
What the model expects
Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.
How the prices moved
Price change over each period, with the S&P 500 (SPY) for comparison.
What the market pays
Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.
How much of revenue becomes profit
Margins and returns on capital from the latest filing; revenue, net income and earnings per share over the trailing twelve months.
How fast the business grew
Change against the same quarter a year earlier.
Balance sheet and quality scores
Leverage, liquidity and two published scores: Altman Z (below 1.8 the distress zone, above 3 the safe zone) and Piotroski F (0 to 9).
How the shares trade
Volatility, sensitivity to the market, the deepest fall, short interest and how closely the two move together.
Eastman Chemical Co. or PPG Industries: common questions
Which is larger by market value, Eastman Chemical Co. or PPG Industries?
PPG Industries, at $26.44B against $7.69B for Eastman Chemical Co., on the latest closes (28 Oct 2026).
Which has the higher P/E ratio, Eastman Chemical Co. or PPG Industries?
Eastman Chemical Co. has the higher latest filed P/E, 14.9; PPG Industries' is 14.8. Filings: quarter to 30 Jun 2026 and 30 Sep 2026.
How did Eastman Chemical Co. and PPG Industries move over the past year against the S&P 500?
Over the past year Eastman Chemical Co. returned +8.4% and PPG Industries +15.3%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.
What does the model expect for Eastman Chemical Co. and PPG Industries over the next month?
−0.54% for Eastman Chemical Co. with a 16% chance of a rise, and −0.31% for PPG Industries with a 28% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.
How do the operating margins of Eastman Chemical Co. and PPG Industries compare?
The operating margin is 5.7% for Eastman Chemical Co. and 17.4% for PPG Industries, and the gross margin 22.3% against 40.5%. Filings: quarter to 30 Jun 2026 and 30 Sep 2026.
Do Eastman Chemical Co. and PPG Industries shares move together?
Over the past year the correlation of their daily returns was 0.55 (often together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.
Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.