DOW vs. SHW: Dow vs. Sherwin-Williams Stock Comparison
How do Dow (DOW) and Sherwin-Williams (SHW) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Dow (DOW) and Sherwin-Williams (SHW) both belong to the Chemicals industry, though DOW is classified under Commodity Chemicals while SHW falls under Specialty Chemicals.
| Profile Item | DOW | SHW |
|---|---|---|
| Name | Dow Inc. | The Sherwin-Williams Company |
| Country/Region | United States | United States |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Chemicals | Chemicals |
| GICS Sub-Industry | Commodity Chemicals | Specialty Chemicals |
| Market Capitalization | 22.73 billion USD | 83.13 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 20, 2019 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DOW | SHW |
|---|---|---|
| Total Return (1Y) | 46.93% | 5.74% |
| Total Return (3Y, Annualized) | -8.46% | 13.18% |
| Total Return (5Y, Annualized) | -6.94% | 2.84% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DOW | SHW |
|---|---|---|
| Volatility (1Y, Annualized) | 41.81% | 29.59% |
| Beta (5Y) | 0.44 | 1.02 |
| Max Drawdown (5Y) | -64.37% | -42.46% |
| Avg. Volume (3M) | 8.52M | 1.72M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DOW | SHW |
|---|---|---|
| Sharpe Ratio (1Y) | 1.02 | 0.05 |
| Sortino Ratio (1Y) | 1.62 | 0.08 |
Profitability
ROE (TTM)
Dow (DOW) reports a negative ROE of -3.24%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Sherwin-Williams (SHW) reports 63.70%, ranking against industry peers normally.
DOW
Materials industry group
-3.24%
- Max
- 52.88%
- Q3
- 19.49%
- Median
- 8.76%
- DOW
- -3.24%
- Q1
- -3.41%
- Min
- -32.81%
SHW
Materials industry group
63.70%
- SHW
- 63.70%
- Max
- 52.88%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Dow (DOW) reports a negative net margin of -2.11%, usually indicating a net loss over the period. Meanwhile Sherwin-Williams (SHW) reports 10.74%, ranking against industry peers normally.
DOW
Materials industry group
-2.11%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- DOW
- -2.11%
- Min
- -20.40%
SHW
Materials industry group
10.74%
- Max
- 38.66%
- Q3
- 15.98%
- SHW
- 10.74%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Both Dow (DOW) at 6.78% and Sherwin-Williams (SHW) at 17.56% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
DOW
Materials industry group
6.78%
- Max
- 66.70%
- Q3
- 28.92%
- Median
- 12.56%
- DOW
- 6.78%
- Q1
- 3.28%
- Min
- -14.07%
SHW
Materials industry group
17.56%
- Max
- 66.70%
- Q3
- 28.92%
- SHW
- 17.56%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | DOW | SHW |
|---|---|---|
| ROE (TTM) | -3.24% | 63.70% |
| ROA (TTM) | 1.87% | 9.48% |
| Net Margin (TTM) | -2.11% | 10.74% |
| Operating Margin (TTM) | 6.78% | 17.56% |
| Gross Margin (TTM) | 11.01% | 48.60% |
Growth
Revenue Growth
Sherwin-Williams (SHW) at 2.06% is around its peer norm for revenue growth, while Dow (DOW) at -6.97% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Sherwin-Williams (SHW) at -2.75% is around its peer norm for EPS growth, while Dow (DOW) at -335.67% falls below its industry range, a notably weak earnings reading.
Growth Metrics
| Metric | DOW | SHW |
|---|---|---|
| Revenue Growth (YoY) | -6.97% | 2.06% |
| Revenue Growth (3Y CAGR) | -11.11% | 2.10% |
| EPS Growth (YoY) | -335.67% | -2.75% |
| EPS Growth (3Y CAGR) | -- | 9.95% |
Financial Strength
Current Ratio (MRQ)
Dow (DOW) at 1.76 keeps current ratio within its industry’s typical mid-range, while Sherwin-Williams (SHW) at 0.71 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for SHW.
DOW
Materials industry group
1.76
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- DOW
- 1.76
- Q1
- 1.45
- Min
- 0.16
SHW
Materials industry group
0.71
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- Q1
- 1.45
- SHW
- 0.71
- Min
- 0.16
Debt / Equity (MRQ)
Both balance sheets lean debt-heavy versus peers, but SHW is more stretched: Dow (DOW) at 1.08 sits in the higher-leverage quartile and Sherwin-Williams (SHW) at 3.72 is above its industry benchmark range.
DOW
Materials industry group
1.08
- Max
- 1.98
- DOW
- 1.08
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- Min
- 0.00
SHW
Materials industry group
3.72
- SHW
- 3.72
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | DOW | SHW |
|---|---|---|
| Current Ratio (MRQ) | 1.76 | 0.71 |
| Debt / Equity (MRQ) | 1.08 | 3.72 |
| Net Debt / EBITDA | 3.21 | 3.04 |
Dividends
Dividend Yield (TTM)
Dow (DOW) at 4.38% delivers top-quartile income for its industry, while Sherwin-Williams (SHW) at 0.91% pays a more typical yield — both are credible income propositions, DOW the richer one.
DOW
Materials industry group
4.38%
- Max
- 4.52%
- DOW
- 4.38%
- Q3
- 1.85%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
SHW
Materials industry group
0.91%
- Max
- 4.52%
- Q3
- 1.85%
- SHW
- 0.91%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Dow (DOW) reports payout ratio above 100% at 700.00%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Sherwin-Williams (SHW) reports 29.35%, ranking against industry peers normally.
DOW
Materials industry group
700.00%
- DOW
- 700.00%
- Max
- 83.62%
- Q3
- 41.37%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
SHW
Materials industry group
29.35%
- Max
- 83.62%
- Q3
- 41.37%
- SHW
- 29.35%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DOW | SHW |
|---|---|---|
| Dividend Yield (TTM) | 4.38% | 0.91% |
| Dividend Payout Ratio (TTM) | 700.00% | 29.35% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Sherwin-Williams (SHW) trades at 31.66 times trailing earnings, ranked against its peers, while Dow (DOW) has no P/E ratio this period.
DOW
Materials industry group
--
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
- DOW
- --
SHW
Materials industry group
31.66
- Max
- 59.00
- Q3
- 32.93
- SHW
- 31.66
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
Dow (DOW) at 0.53 sits in the cheaper P/S ratio quartile while Sherwin-Williams (SHW) at 3.34 prices around its industry’s middle — DOW costs less per dollar of sales, though read it alongside growth and margins.
DOW
Materials industry group
0.53
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- DOW
- 0.53
- Min
- 0.00
SHW
Materials industry group
3.34
- Max
- 9.62
- Q3
- 4.34
- SHW
- 3.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
Dow (DOW) at 1.41 sits near its industry’s typical P/B ratio, while Sherwin-Williams (SHW) at 20.78 prices above its benchmark range — SHW looks rich relative to book.
DOW
Materials industry group
1.41
- Max
- 6.59
- Q3
- 3.55
- Median
- 2.08
- DOW
- 1.41
- Q1
- 1.26
- Min
- -0.17
SHW
Materials industry group
20.78
- SHW
- 20.78
- Max
- 6.59
- Q3
- 3.55
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | DOW | SHW |
|---|---|---|
| P/E Ratio (TTM) | -- | 31.66 |
| P/S Ratio (TTM) | 0.53 | 3.34 |
| P/B Ratio (MRQ) | 1.41 | 20.78 |
| Free Cash Flow Yield (TTM) | 3.95% | 2.98% |