Sherwin-Williams SHW Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 49%+0.2pp | 48.8%0.0pp | 48.9%0.0pp | 48.9%+0.1pp | 48.7%+0.3pp | |
| Net margin | 10.9%0.0pp | 10.9%-0.2pp | 11%0.0pp | 11%-0.6pp | 11.6%0.0pp | |
| EBITDA margin | 19.1%0.0pp | 19%+0.1pp | 18.9%-0.7pp | 19.6%-1.4pp | 21%-0.5pp | |
| Free cash flow margin | 12.1%+0.9pp | 11.3%+0.8pp | 10.4%+1.1pp | 9.3%-0.1pp | 9.4%+0.4pp | |
| Returns | ||||||
| Return on equity | 60.7%+1.3pp | 59.4%-0.5pp | 59.9%-2.5pp | 62.4%-7.8pp | 70.2%+1.2pp | |
| Return on assets | 10.2%-0.2pp | 10.4%+0.1pp | 10.3%-0.1pp | 10.4%-0.8pp | 11.2%-0.4pp | |
| Return on invested capital | 15.3%-1.3pp | 16.6%+0.7pp | 15.9%-1.0pp | 16.9%-1.3pp | 18.2%-2.7pp | |
| Efficiency | ||||||
| Asset turnover | 0.9×0.0× | 1×0.0× | 0.9×0.0× | 0.9×0.0× | 1×0.0× | |
| Inventory turnover | 4.9×-0.3× | 5.2×0.0× | 5.2×+0.3× | 4.9×+0.1× | 4.8×-0.3× | |
| Liquidity | ||||||
| Current ratio | 0.9×0.0× | 0.9×0.0× | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | |
| Quick ratio | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.4×0.0× | |
| Cash ratio | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 3.6×+0.5× | 3.1×-0.4× | 3.5×+0.2× | 3.3×-0.3× | 3.5×+0.4× | |
| Debt-to-assets | 0.6×+0.1× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×+0.1× | |
| Net debt / EBITDA | 3.5×+0.3× | 3.2×-0.3× | 3.5×+0.3× | 3.1×+0.2× | 3×+0.4× | |
| Interest coverage | 7.8×-0.4× | 8.2×-0.5× | 8.7×-0.6× | 9.3×-0.8× | 10.1×-0.3× | |
| Per Share | ||||||
| Book value per share | $17.86-2.7% | $18.36+3.3% | $17.77+1.5% | $17.51+7.1% | $16.36+2.6% | |
| Valuation | ||||||
| Market capitalization | $79.29B-1.3% | $80.32B-7.0% | $86.33B-0.3% | $86.63B-1.4% | $87.82B+2.6% | |
| Enterprise value | $95.24B+0.8% | $94.46B-7.0% | $101.52B+0.7% | $100.84B-1.4% | $102.24B+4.2% | |
| Price / earnings | 30.5×-0.8× | 31.3×-2.3× | 33.6×-0.5× | 34×+1.3× | 32.8×+0.8× | |
| Price / sales | 3.3×-0.1× | 3.4×-0.3× | 3.7×0.0× | 3.8×-0.1× | 3.8×+0.1× | |
| Price / book | 17.9×+0.4× | 17.5×-2.0× | 19.5×-0.2× | 19.7×-1.6× | 21.3×+0.1× | |
| EV / EBITDA | 20.9×-0.2× | 21.1×-2.0× | 23.1×+0.8× | 22.3×+1.1× | 21.1×+1.3× | |
| EV / sales | 4×0.0× | 4×-0.4× | 4.4×0.0× | 4.4×-0.1× | 4.4×+0.2× | |
| Free cash flow yield | 3.7%+0.4pp | 3.3%+0.5pp | 2.8%+0.3pp | 2.5%0.0pp | 2.5%0.0pp | |
| Earnings yield | 3.3%+0.1pp | 3.2%+0.2pp | 3%0.0pp | 2.9%-0.1pp | 3.1%-0.1pp | |
| Dividend yield | 1%0.0pp | 1%+0.1pp | 0.9%0.0pp | 0.9%0.0pp | 0.8%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Sherwin-Williams's ratios come from?
- Every ratio is computed from Sherwin-Williams's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
