COMP <GO>

PPG vs PG // ALTMAN Z-SCORE & DEBT/EQUITY

PPG Industries Inc. (NYSE) VS. Procter & Gamble Company (The) (NYSE) • 15-METRIC TALLY: PPG 5 — PG 8

▲ ALTMAN Z-SCORE & DEBT/EQUITY LEADER: PG

LAST: $119.52 (-0.40%) • MKT CAP: $26.51B

balance-sheet

3.76

LAST: $161.57 (+0.61%) • MKT CAP: $372.21B

balance-sheet

5.59

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (PPG VS. PG) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	PPG	PG	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	41.30%	51.20%	-9.90	PG	/gross-margins <GO>
Return on Invested Capital (ROIC)	12.30%	25.40%	-13.10	PG	/roic <GO>
EV/EBITDA & P/E Valuation	12.0x	16.2x	-4.20	PPG	/valuation <GO>
Free Cash Flow Yield	4.39%	3.77%	+0.62	PPG	/fcf-yield <GO>
Operating Margin	12.10%	24.30%	-12.20	PG	/operating-margins <GO>
Net Profit Margin	9.90%	19.00%	-9.10	PG	/net-margins <GO>
Revenue Growth (YoY)	0.20%	0.30%	-0.10	PG	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	2.37%	2.65%	-0.28	PG	/dividend-safety <GO>
Altman Z-Score & Debt/Equity ACTIVE	3.76	5.59	-1.83	PG	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	7/9	+1.00	PPG	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.50%	6.50%	0.00	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	72.5	62.7	+9.83	PPG	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.87	0.87	0.00	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	15.6x	21.7x	-6.10	PPG	/forward-pe <GO>
Enterprise Scale & Market Cap	$26.51B	$372.21B	-$345.70B	PG	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	PPG REV	PG REV	PPG GROSS %	PG GROSS %	PPG FCF	PG FCF
FY 2025	$15.88B	$84.28B	41.3%	51.2%	$1.16B	$14.04B
FY 2024	$15.85B	$84.04B	41.6%	51.4%	$699.0M	$16.52B
FY 2023	$16.24B	$82.01B	44.0%	44.0%	$1.68B	$13.16B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

PPG // BETA 0.87

PG // BETA 0.87