SHW vs. SUZ: Sherwin-Williams vs. Suzano Stock Comparison

November 11, 2026

How do Sherwin-Williams (SHW) and Suzano (SUZ) 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

Sherwin-Williams (SHW) and Suzano (SUZ) both fall under the Materials industry group, but SHW is classified in Chemicals while SUZ is classified in Paper & Forest Products.

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

Company profile comparison for Sherwin-Williams (SHW) and Suzano (SUZ)
Profile Item	SHW	SUZ
Name	The Sherwin-Williams Company	Suzano S.A. - Sponsored ADR
Country/Region	United States	Brazil
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Chemicals	Paper & Forest Products
GICS Sub-Industry	Specialty Chemicals	Paper Products
Market Capitalization	83.13 billion USD	11.90 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	November 4, 2008
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

SHW

SUZ

GSPC

Sherwin-Williams (SHW) vs. Suzano (SUZ), 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 Sherwin-Williams (SHW) and Suzano (SUZ). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Sherwin-Williams (SHW) and Suzano (SUZ)
Metric	SHW	SUZ
Total Return (1Y)	5.74%	9.33%
Total Return (3Y, Annualized)	13.18%	-1.70%
Total Return (5Y, Annualized)	2.84%	4.04%

Risk Profile

Drawdown History

SHW

SUZ

GSPC

Sherwin-Williams (SHW) vs. Suzano (SUZ), 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 Sherwin-Williams (SHW) and Suzano (SUZ). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Sherwin-Williams (SHW) and Suzano (SUZ)
Metric	SHW	SUZ
Volatility (1Y, Annualized)	29.59%	30.42%
Beta (5Y)	1.02	0.56
Max Drawdown (5Y)	-42.46%	-38.50%
Avg. Volume (3M)	1.72M	3.57M

Risk-Adjusted Performance

Risk-Return Positioning

SHW and SUZ 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 Sherwin-Williams (SHW) and Suzano (SUZ)
Metric	SHW	SUZ
Sharpe Ratio (1Y)	0.05	0.17
Sortino Ratio (1Y)	0.08	0.26

Profitability

ROE (TTM)

Sherwin-Williams (SHW) at 63.70% clears its industry range for ROE, a sharper capital-efficiency signal than Suzano (SUZ) at 16.20%, which is closer to a typical peer reading.

SHW

Materials industry group

63.70%

SHW: 63.70%
Max: 52.88%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

SUZ

Materials industry group

16.20%

Max: 52.88%
Q3: 19.49%
SUZ: 16.20%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

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

Net Margin (TTM)

Both Sherwin-Williams (SHW) at 10.74% and Suzano (SUZ) at 15.94% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

SHW

Materials industry group

10.74%

Max: 38.66%
Q3: 15.98%
SHW: 10.74%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

SUZ

Materials industry group

15.94%

Max: 38.66%
Q3: 15.98%
SUZ: 15.94%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

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

Operating Margin (TTM)

Both Sherwin-Williams (SHW) at 17.56% and Suzano (SUZ) at 9.76% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

SHW

Materials industry group

17.56%

Max: 66.70%
Q3: 28.92%
SHW: 17.56%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

SUZ

Materials industry group

9.76%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
SUZ: 9.76%
Q1: 3.28%
Min: -14.07%

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

Profitability Metrics

Profitability metrics for Sherwin-Williams (SHW) and Suzano (SUZ)
Metric	SHW	SUZ
ROE (TTM)	63.70%	16.20%
ROA (TTM)	9.48%	2.54%
Net Margin (TTM)	10.74%	15.94%
Operating Margin (TTM)	17.56%	9.76%
Gross Margin (TTM)	48.60%	26.68%

Growth

Revenue Growth

Both Sherwin-Williams (SHW) at 2.06% and Suzano (SUZ) at 5.72% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Only one side can be read here: Sherwin-Williams (SHW) reports EPS growth of -2.75%, ranked against its industry; Suzano (SUZ) has no EPS growth figure this period.

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

Growth Metrics

Growth metrics for Sherwin-Williams (SHW) and Suzano (SUZ)
Metric	SHW	SUZ
Revenue Growth (YoY)	2.06%	5.72%
Revenue Growth (3Y CAGR)	2.10%	0.19%
EPS Growth (YoY)	-2.75%	--
EPS Growth (3Y CAGR)	9.95%	-14.94%

Financial Strength

Current Ratio (MRQ)

Suzano (SUZ) at 2.54 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.

SHW

Materials industry group

0.71

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
SHW: 0.71
Min: 0.16

SUZ

Materials industry group

2.54

Max: 5.96
Q3: 3.30
SUZ: 2.54
Median: 2.24
Q1: 1.45
Min: 0.16

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

Debt / Equity (MRQ)

Both balance sheets lean debt-heavy versus peers, but SHW is more stretched: Suzano (SUZ) at 1.83 sits in the higher-leverage quartile and Sherwin-Williams (SHW) at 3.72 is above its industry benchmark range.

SHW

Materials industry group

3.72

SHW: 3.72
Max: 1.98
Q3: 0.89
Median: 0.47
Q1: 0.13
Min: 0.00

SUZ

Materials industry group

1.83

Max: 1.98
SUZ: 1.83
Q3: 0.89
Median: 0.47
Q1: 0.13
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for Sherwin-Williams (SHW) and Suzano (SUZ)
Metric	SHW	SUZ
Current Ratio (MRQ)	0.71	2.54
Debt / Equity (MRQ)	3.72	1.83
Net Debt / EBITDA	3.04	4.28

Dividends

Dividend Yield (TTM)

Both Sherwin-Williams (SHW) at 0.91% and Suzano (SUZ) at 0.05% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

SHW

Materials industry group

0.91%

Max: 4.52%
Q3: 1.85%
SHW: 0.91%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

SUZ

Materials industry group

0.05%

Max: 4.52%
Q3: 1.85%
Median: 0.38%
SUZ: 0.05%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Both Sherwin-Williams (SHW) at 29.35% and Suzano (SUZ) at 17.55% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

SHW

Materials industry group

29.35%

Max: 83.62%
Q3: 41.37%
SHW: 29.35%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

SUZ

Materials industry group

17.55%

Max: 83.62%
Q3: 41.37%
SUZ: 17.55%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Sherwin-Williams (SHW) and Suzano (SUZ)
Metric	SHW	SUZ
Dividend Yield (TTM)	0.91%	0.05%
Dividend Payout Ratio (TTM)	29.35%	17.55%

Valuation

P/E Ratio (TTM)

Suzano (SUZ) at 7.49 sits in the cheaper P/E ratio quartile, while Sherwin-Williams (SHW) at 31.66 is closer to its industry’s usual earnings multiple — a discount for SUZ, though growth and earnings durability still matter.

SHW

Materials industry group

31.66

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

SUZ

Materials industry group

7.49

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
SUZ: 7.49
Min: 3.93

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

P/S Ratio (TTM)

Suzano (SUZ) at 0.23 sits in the cheaper P/S ratio quartile while Sherwin-Williams (SHW) at 3.34 prices around its industry’s middle — SUZ costs less per dollar of sales, though read it alongside growth and margins.

SHW

Materials industry group

3.34

Max: 9.62
Q3: 4.34
SHW: 3.34
Median: 1.87
Q1: 0.73
Min: 0.00

SUZ

Materials industry group

0.23

Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
SUZ: 0.23
Min: 0.00

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

P/B Ratio (MRQ)

Suzano (SUZ) at 1.16 sits in the lower P/B ratio quartile relative to book while Sherwin-Williams (SHW) at 20.78 prices above its industry range — a wide valuation gap against assets.

SHW

Materials industry group

20.78

SHW: 20.78
Max: 6.59
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

SUZ

Materials industry group

1.16

Max: 6.59
Q3: 3.55
Median: 2.08
Q1: 1.26
SUZ: 1.16
Min: -0.17

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

Valuation Metrics

Valuation metrics for Sherwin-Williams (SHW) and Suzano (SUZ)
Metric	SHW	SUZ
P/E Ratio (TTM)	31.66	7.49
P/S Ratio (TTM)	3.34	0.23
P/B Ratio (MRQ)	20.78	1.16
Free Cash Flow Yield (TTM)	2.98%	-7.73%