PPG Industries and Toray Industries Compared

Analysts see PPG Industries as the more favorable stock compared to Toray Industries

Feb. 20, 2026 at 2:47pm

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Toray Industries and PPG Industries are both large-cap basic materials companies, but PPG Industries is seen as the superior business according to analysts. PPG Industries has higher earnings, a lower price-to-earnings ratio, stronger institutional ownership, a higher dividend yield, and a longer track record of dividend growth compared to Toray Industries.

Why it matters

This analysis provides investors with a detailed comparison of two major players in the basic materials industry, helping them make more informed investment decisions. The findings suggest that PPG Industries may be the better long-term investment option based on its financial performance, valuation, and shareholder-friendly policies.

The details

The key differences between the two companies include PPG Industries' higher earnings, lower price-to-earnings ratio, stronger institutional ownership, higher dividend yield, and longer dividend growth history compared to Toray Industries. Analysts also have a more favorable consensus rating and higher price target for PPG Industries.

  • The analysis is based on the most recent financial data available as of February 18, 2026.

The players

PPG Industries

A Pittsburgh-based manufacturer and distributor of paints, coatings, and specialty materials with a market capitalization of over $30 billion.

Toray Industries

A Japanese conglomerate that produces fibers, textiles, performance chemicals, carbon fiber composite materials, and other products, with a market capitalization of around $15 billion.

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The takeaway

This analysis suggests that PPG Industries is the more attractive investment option compared to Toray Industries, based on its stronger financial performance, more favorable valuation, and shareholder-friendly policies. Investors looking to gain exposure to the basic materials sector may want to consider PPG Industries as a potential investment.