MT vs. SHW: ArcelorMittal vs. Sherwin-Williams Stock Comparison

November 11, 2026

How do ArcelorMittal (MT) 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

ArcelorMittal (MT) and Sherwin-Williams (SHW) both fall under the Materials industry group, but MT is classified in Metals & Mining while SHW is classified in Chemicals.

Sherwin-Williams (SHW) trades as ordinary local shares, while ArcelorMittal (MT) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for ArcelorMittal (MT) and Sherwin-Williams (SHW)
Profile Item	MT	SHW
Name	ArcelorMittal NY Registry Shares	The Sherwin-Williams Company
Country/Region	Luxembourg	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Chemicals
GICS Sub-Industry	Steel	Specialty Chemicals
Market Capitalization	45.85 billion USD	83.13 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	August 7, 1997	March 17, 1980
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

SHW

GSPC

ArcelorMittal (MT) vs. Sherwin-Williams (SHW), with S&P 500 (GSPC) for reference: 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 ArcelorMittal (MT) and Sherwin-Williams (SHW). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for ArcelorMittal (MT) and Sherwin-Williams (SHW). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for ArcelorMittal (MT) and Sherwin-Williams (SHW)
Metric	MT	SHW
Total Return (1Y)	65.49%	5.74%
Total Return (3Y, Annualized)	45.03%	13.18%
Total Return (5Y, Annualized)	16.55%	2.84%

Risk Profile

Drawdown History

SHW

GSPC

ArcelorMittal (MT) vs. Sherwin-Williams (SHW), with S&P 500 (GSPC) for reference: 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 ArcelorMittal (MT) and Sherwin-Williams (SHW). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for ArcelorMittal (MT) and Sherwin-Williams (SHW)
Metric	MT	SHW
Volatility (1Y, Annualized)	44.08%	29.59%
Beta (5Y)	1.49	1.02
Max Drawdown (5Y)	-45.99%	-42.46%
Avg. Volume (3M)	1.35M	1.72M

Risk-Adjusted Performance

Risk-Return Positioning

MT and SHW are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for ArcelorMittal (MT) and Sherwin-Williams (SHW)
Metric	MT	SHW
Sharpe Ratio (1Y)	1.39	0.05
Sortino Ratio (1Y)	2.23	0.08

Profitability

ROE (TTM)

Sherwin-Williams (SHW) at 63.70% clears its industry range for ROE, a sharper capital-efficiency signal than ArcelorMittal (MT) at 1.83%, which is closer to a typical peer reading.

MT

Materials industry group

1.83%

Max: 52.88%
Q3: 19.49%
Median: 8.76%
MT: 1.83%
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%

ArcelorMittal (MT) vs. Sherwin-Williams (SHW): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Both ArcelorMittal (MT) at 1.64% and Sherwin-Williams (SHW) at 10.74% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

MT

Materials industry group

1.64%

Max: 38.66%
Q3: 15.98%
Median: 5.28%
MT: 1.64%
Q1: 0.00%
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%

ArcelorMittal (MT) vs. Sherwin-Williams (SHW): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both ArcelorMittal (MT) at 6.16% and Sherwin-Williams (SHW) at 17.56% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

MT

Materials industry group

6.16%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
MT: 6.16%
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%

ArcelorMittal (MT) vs. Sherwin-Williams (SHW): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for ArcelorMittal (MT) and Sherwin-Williams (SHW)
Metric	MT	SHW
ROE (TTM)	1.83%	63.70%
ROA (TTM)	1.31%	9.48%
Net Margin (TTM)	1.64%	10.74%
Operating Margin (TTM)	6.16%	17.56%
Gross Margin (TTM)	8.16%	48.60%

Growth

Revenue Growth

Sherwin-Williams (SHW) at 2.06% is around its peer norm for revenue growth, while ArcelorMittal (MT) at -1.74% drops into the bottom quartile, signaling weaker demand or pricing momentum.

ArcelorMittal (MT) vs. Sherwin-Williams (SHW): A comparison of their Revenue Growth across different time periods.

EPS Growth

ArcelorMittal (MT) at 143.20% sits in the top EPS growth quartile, while Sherwin-Williams (SHW) at -2.75% is closer to the peer norm — faster per-share earnings growth for MT.

ArcelorMittal (MT) vs. Sherwin-Williams (SHW): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for ArcelorMittal (MT) and Sherwin-Williams (SHW)
Metric	MT	SHW
Revenue Growth (YoY)	-1.74%	2.06%
Revenue Growth (3Y CAGR)	-8.41%	2.10%
EPS Growth (YoY)	143.20%	-2.75%
EPS Growth (3Y CAGR)	-26.09%	9.95%

Financial Strength

Current Ratio (MRQ)

Both ArcelorMittal (MT) at 1.41 and Sherwin-Williams (SHW) at 0.71 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

MT

Materials industry group

1.41

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
MT: 1.41
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

ArcelorMittal (MT) vs. Sherwin-Williams (SHW): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

ArcelorMittal (MT) at 0.24 is near its industry mid-range for debt-to-equity ratio, while Sherwin-Williams (SHW) at 3.72 sits above its benchmark range, pointing to a heavier debt load relative to equity.

MT

Materials industry group

0.24

Max: 1.98
Q3: 0.89
Median: 0.47
MT: 0.24
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

ArcelorMittal (MT) vs. Sherwin-Williams (SHW): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for ArcelorMittal (MT) and Sherwin-Williams (SHW)
Metric	MT	SHW
Current Ratio (MRQ)	1.41	0.71
Debt / Equity (MRQ)	0.24	3.72
Net Debt / EBITDA	2.08	3.04

Dividends

Dividend Yield (TTM)

Both ArcelorMittal (MT) at 0.99% and Sherwin-Williams (SHW) at 0.91% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

MT

Materials industry group

0.99%

Max: 4.52%
Q3: 1.85%
MT: 0.99%
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%

ArcelorMittal (MT) vs. Sherwin-Williams (SHW): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Sherwin-Williams (SHW) at 29.35% pays out a band-typical share of earnings, while ArcelorMittal (MT) at 52.92% distributes more than its industry norm — less retained, thinner cover.

MT

Materials industry group

52.92%

Max: 83.62%
MT: 52.92%
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%

ArcelorMittal (MT) vs. Sherwin-Williams (SHW): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for ArcelorMittal (MT) and Sherwin-Williams (SHW)
Metric	MT	SHW
Dividend Yield (TTM)	0.99%	0.91%
Dividend Payout Ratio (TTM)	52.92%	29.35%

Valuation

P/E Ratio (TTM)

Sherwin-Williams (SHW) at 31.66 is near its industry’s usual P/E ratio, while ArcelorMittal (MT) at 44.51 sits in the richer quartile — MT needs stronger growth or earnings quality to justify the premium.

MT

Materials industry group

44.51

Max: 59.00
MT: 44.51
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93

SHW

Materials industry group

31.66

Max: 59.00
Q3: 32.93
SHW: 31.66
Median: 18.82
Q1: 11.96
Min: 3.93

ArcelorMittal (MT) vs. Sherwin-Williams (SHW): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

ArcelorMittal (MT) at 0.72 sits in the cheaper P/S ratio quartile while Sherwin-Williams (SHW) at 3.34 prices around its industry’s middle — MT costs less per dollar of sales, though read it alongside growth and margins.

MT

Materials industry group

0.72

Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
MT: 0.72
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

ArcelorMittal (MT) vs. Sherwin-Williams (SHW): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

ArcelorMittal (MT) at 1.70 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.

MT

Materials industry group

1.70

Max: 6.59
Q3: 3.55
Median: 2.08
MT: 1.70
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

ArcelorMittal (MT) vs. Sherwin-Williams (SHW): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for ArcelorMittal (MT) and Sherwin-Williams (SHW)
Metric	MT	SHW
P/E Ratio (TTM)	44.51	31.66
P/S Ratio (TTM)	0.72	3.34
P/B Ratio (MRQ)	1.70	20.78
Free Cash Flow Yield (TTM)	-1.75%	2.98%