Sherwin-Williams SHW Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 195.3%+3.0pp | 192.3%+13.3pp | 179%+12.7pp | 166.3%-14.8pp | |
| Net margin | 44.6%+0.5pp | 44.1%+3.7pp | 40.5%+5.0pp | 35.5%-6.1pp | |
| EBITDA margin | 78.5%-4.6pp | 83.1%+6.2pp | 76.9%+9.1pp | 67.8%-10.6pp | |
| Free cash flow margin | 40.5%+1.8pp | 38.7%+3.6pp | 35.1%+10.9pp | 24.2%-31.9pp | |
| Returns | |||||
| Return on equity | 252%-22.0pp | 274%-30.7pp | 304.7%+20.4pp | 284.2%+34.3pp | |
| Return on assets | 42.1%-1.4pp | 43.5%+2.5pp | 41%+5.8pp | 35.3%-4.2pp | |
| Return on invested capital | 67.5%-9.8pp | 77.3%+4.7pp | 72.6%+8.0pp | 64.6%-9.9pp | |
| Efficiency | |||||
| Asset turnover | 3.8×-0.2× | 3.9×-0.1× | 4.1×+0.1× | 4×+0.2× | |
| Inventory turnover | 20.2×0.0× | 20.2×-0.4× | 20.6×-2.3× | 22.9×-0.5× | |
| Liquidity | |||||
| Current ratio | 3.2×0.0× | 3.2×-0.6× | 3.8×0.0× | 3.7×+0.3× | |
| Quick ratio | 2×0.0× | 1.9×-0.3× | 2.3×+0.1× | 2.2×0.0× | |
| Cash ratio | 0.1×0.0× | 0.1×-0.1× | 0.2×0.0× | 0.2×0.0× | |
| Leverage | |||||
| Debt-to-equity | 13.4×-0.5× | 13.9×-0.8× | 14.7×-7.7× | 22.4×+5.2× | |
| Debt-to-assets | 2.3×+0.1× | 2.3×0.0× | 2.3×-0.3× | 2.5×+0.2× | |
| Net debt / EBITDA | 12.7×+1.7× | 11×-0.6× | 11.6×-3.6× | 15.2×+3.1× | |
| Interest coverage | 36.3×-4.2× | 40.4×+4.5× | 35.9×+2.5× | 33.4×-5.4× | |
| Per Share | |||||
| Book value per share | $70.01+15.2% | $60.77+10.0% | $55.23+42.4% | $38.79-5.9% | |
| Valuation | |||||
| Market capitalization | $341.11B-1.0% | $344.47B+27.6% | $270.02B+13.5% | $237.85B-21.1% | |
| Enterprise value | $399.05B+0.5% | $397.02B+23.7% | $320.91B+9.7% | $292.44B-15.9% | |
| Price / earnings | 131.7×-4.0× | 135.7×+19.4× | 116.3×-10.4× | 126.6×-23.5× | |
| Price / sales | 14.7×-0.3× | 15×+3.2× | 11.8×+0.5× | 11.2×-4.2× | |
| Price / book | 77.9×-11.4× | 89.3×+13.8× | 75.5×-20.0× | 95.5×-15.7× | |
| EV / EBITDA | 87.6×+4.5× | 83×+10.2× | 72.8×-8.8× | 81.6×-10.1× | |
| EV / sales | 17.2×-0.1× | 17.2×+3.2× | 14×+0.2× | 13.8×-4.0× | |
| Free cash flow yield | 11.1%+0.6pp | 10.5%-1.3pp | 11.8%+3.3pp | 8.5%-6.6pp | |
| Earnings yield | 12.2%+0.3pp | 11.9%-2.0pp | 13.9%+1.1pp | 12.8%+1.7pp | |
| Dividend yield | 3.6%+0.4pp | 3.2%-0.5pp | 3.7%-0.3pp | 4.1%+1.1pp |
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.
