Sherwin-Williams (SHW) Stock Analysis

July 23, 2026

This is a peer-relative look at Sherwin-Williams (SHW): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Materials peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Sherwin-Williams (SHW)
Profile Item	SHW
Name	The Sherwin-Williams Company
Country/Region	United States
GICS Sector	Materials
GICS Industry Group	Materials
GICS Industry	Chemicals
GICS Sub-Industry	Specialty Chemicals
Market Capitalization	78.54 billion USD
Currency	USD
Exchange	NYSE
Listing Date	March 17, 1980
Security Type	Common Stock

Price Performance

Cumulative Growth

SHW

GSPC

Sherwin-Williams (SHW) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Sherwin-Williams (SHW) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Sherwin-Williams (SHW) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Sherwin-Williams (SHW) metric values compared with Materials industry-group medians
Metric	Current stock: SHW	Industry group median
Total Return (1Y)	-5.82%	20.99%
Total Return (3Y, Annualized)	6.76%	11.70%
Total Return (5Y, Annualized)	3.40%	7.81%

Risk Profile

Drawdown History

SHW

GSPC

Sherwin-Williams (SHW) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Sherwin-Williams (SHW) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Sherwin-Williams (SHW) metric values compared with Materials industry-group medians
Metric	Current stock: SHW	Industry group median
Volatility (1Y, Annualized)	25.52%	53.58%
Beta (5Y)	1.10	0.97
Max Drawdown (5Y)	-42.46%	-60.26%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. SHW is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Sherwin-Williams (SHW) metric values compared with Materials industry-group medians
Metric	Current stock: SHW	Industry group median
Sharpe Ratio (1Y)	-0.39	0.37
Sortino Ratio (1Y)	-0.58	0.55

Profitability

ROE (TTM)

Sherwin-Williams (SHW) posts ROE of 60.72%, above the industry benchmark range. Equity is being turned into profit at an exceptional rate, but very high ROE should still be checked against leverage, buybacks, and the size of the equity base.

SHW

Materials industry group

60.72%

Group distribution

SHW: 60.72%
Max: 51.93%
Q3: 18.20%
Median: 5.99%
Q1: -9.69%
Min: -50.42%

Largest peers

SHW: 60.72%
SCCO: 46.34%
NEM: 25.83%
BHP: 24.71%
LIN: 18.23%
RIO: 16.40%
FCX: 15.63%

Where Sherwin-Williams (SHW) stands on ROE within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Sherwin-Williams (SHW) keeps 10.86% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

SHW

Materials industry group

10.86%

Group distribution

Max: 35.99%
Q3: 14.91%
SHW: 10.86%
Median: 3.99%
Q1: 0.00%
Min: -21.87%

Largest peers

SCCO: 34.13%
NEM: 33.87%
LIN: 20.44%
BHP: 18.97%
RIO: 17.29%
SHW: 10.86%
FCX: 10.34%

Where Sherwin-Williams (SHW) stands on net margin within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Sherwin-Williams (SHW) turns 14.16% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

SHW

Materials industry group

14.16%

Group distribution

Max: 66.92%
Q3: 27.44%
SHW: 14.16%
Median: 10.11%
Q1: 0.00%
Min: -32.85%

Largest peers

NEM: 61.38%
SCCO: 58.34%
BHP: 40.73%
FCX: 31.07%
LIN: 28.47%
RIO: 25.32%
SHW: 14.16%

Where Sherwin-Williams (SHW) stands on operating margin within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Sherwin-Williams (SHW) metric values compared with Materials industry-group medians
Metric	Current stock: SHW	Industry group median
ROE (TTM)	60.72%	5.99%
ROA (TTM)	9.45%	4.28%
Net Margin (TTM)	10.86%	3.99%
Operating Margin (TTM)	14.16%	10.11%
Gross Margin (TTM)	49.04%	26.01%

Growth

Revenue Growth

Sherwin-Williams (SHW) grew revenue 2.06%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

Sherwin-Williams (SHW): Revenue Growth across different time periods, set against Materials industry-group medians.

EPS Growth

Sherwin-Williams (SHW) grew earnings per share -2.75%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

Sherwin-Williams (SHW): EPS Growth across different time periods, set against Materials industry-group medians.

Growth Metrics

Sherwin-Williams (SHW) metric values compared with Materials industry-group medians
Metric	Current stock: SHW	Industry group median
Revenue Growth (YoY)	2.06%	5.73%
Revenue Growth (3Y CAGR)	2.10%	-0.01%
EPS Growth (YoY)	-2.75%	-2.25%
EPS Growth (3Y CAGR)	9.95%	1.84%

Financial Strength

Current Ratio (MRQ)

Sherwin-Williams (SHW) has current ratio of 0.86, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

SHW

Materials industry group

0.86

Group distribution

Max: 6.31
Q3: 3.49
Median: 2.23
Q1: 1.42
SHW: 0.86
Min: 0.12

Largest peers

SCCO: 4.38
NEM: 2.44
FCX: 2.39
BHP: 1.65
RIO: 1.45
SHW: 0.86
LIN: 0.83

Where Sherwin-Williams (SHW) stands on current ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Sherwin-Williams (SHW) has debt-to-equity ratio of 3.30, above the industry benchmark range. Debt sits unusually high against shareholders’ equity, leaving the balance sheet more exposed to rate, refinancing, or earnings shocks.

SHW

Materials industry group

3.30

Group distribution

SHW: 3.30
Max: 2.02
Q3: 0.92
Median: 0.44
Q1: 0.13
Min: 0.00

Largest peers

SHW: 3.30
LIN: 0.66
SCCO: 0.62
BHP: 0.53
RIO: 0.35
FCX: 0.33
NEM: 0.16

Where Sherwin-Williams (SHW) stands on debt-to-equity ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Sherwin-Williams (SHW) metric values compared with Materials industry-group medians
Metric	Current stock: SHW	Industry group median
Current Ratio (MRQ)	0.86	2.23
Debt / Equity (MRQ)	3.30	0.44
Net Debt / EBITDA	3.16	1.66

Dividends

Dividend Yield (TTM)

Sherwin-Williams (SHW) has dividend yield of 0.98%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

SHW

Materials industry group

0.98%

Group distribution

Max: 4.91%
Q3: 1.96%
SHW: 0.98%
Median: 0.46%
Q1: 0.00%
Min: 0.00%

Largest peers

RIO: 4.51%
SCCO: 1.88%
BHP: 1.65%
LIN: 1.19%
NEM: 1.14%
FCX: 1.02%
SHW: 0.98%

Where Sherwin-Williams (SHW) stands on dividend yield within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Sherwin-Williams (SHW) has payout ratio of 30.45%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

SHW

Materials industry group

30.45%

Group distribution

Max: 97.44%
Q3: 40.00%
SHW: 30.45%
Median: 9.04%
Q1: 0.00%
Min: 0.00%

Largest peers

RIO: 61.31%
SCCO: 56.33%
BHP: 54.64%
LIN: 40.45%
FCX: 31.75%
SHW: 30.45%
NEM: 13.10%

Where Sherwin-Williams (SHW) stands on payout ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Sherwin-Williams (SHW) metric values compared with Materials industry-group medians
Metric	Current stock: SHW	Industry group median
Dividend Yield (TTM)	0.98%	0.46%
Dividend Payout Ratio (TTM)	30.45%	9.04%

Valuation

P/E Ratio (TTM)

Sherwin-Williams (SHW) trades at P/E ratio of 31.07, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

SHW

Materials industry group

31.07

Group distribution

Max: 58.49
Q3: 31.23
SHW: 31.07
Median: 20.26
Q1: 12.90
Min: 4.66

Largest peers

LIN: 33.89
FCX: 31.12
SHW: 31.07
SCCO: 29.65
BHP: 20.01
RIO: 14.89
NEM: 11.58

Where Sherwin-Williams (SHW) stands on P/E ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Sherwin-Williams (SHW) trades at 3.28 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

SHW

Materials industry group

3.28

Group distribution

Max: 8.72
Q3: 4.01
SHW: 3.28
Median: 1.86
Q1: 0.73
Min: 0.00

Largest peers

SCCO: 10.78
LIN: 6.74
NEM: 3.95
BHP: 3.93
FCX: 3.40
SHW: 3.28
RIO: 2.55

Where Sherwin-Williams (SHW) stands on P/S ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Sherwin-Williams (SHW) trades at 17.62 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.

SHW

Materials industry group

17.62

Group distribution

SHW: 17.62
Max: 7.76
Q3: 3.99
Median: 2.25
Q1: 1.38
Min: -0.30

Largest peers

SHW: 17.62
SCCO: 13.31
LIN: 6.06
FCX: 4.61
BHP: 4.20
NEM: 2.84
RIO: 2.37

Where Sherwin-Williams (SHW) stands on P/B ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Sherwin-Williams (SHW) metric values compared with Materials industry-group medians
Metric	Current stock: SHW	Industry group median
P/E Ratio (TTM)	31.07	20.26
P/S Ratio (TTM)	3.28	1.86
P/B Ratio (MRQ)	17.62	2.25
Free Cash Flow Yield (TTM)	2.72%	1.85%