Stocktoria

SHERWIN WILLIAMS CO SHW

NYSE · stock · Retail-Building Materials, Hardware, Garden Supply · website · IPO 1964-02-11

SHERWIN WILLIAMS CO statistics & valuation

Market cap$84.9B
P / E33.0×
P / S3.6×
P / B18.5×
Dividend yield0.93%
Net margin10.9%
Return on equity55.9%
Net debt$9.5B
Enterprise value USD$94.3B
Graham number -81.9%$65.11

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($65.11); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
9.60% 11.50% 6.30% 8.60% 11.10% 9.30% 9.10% 10.40% 11.60% 10.90% 2016201720182019202020212022202320242025
Gross margin (%)
49.90% 44.80% 42.30% 44.90% 47.30% 42.80% 42.10% 46.70% 48.50% 48.80% 2016201720182019202020212022202320242025
Operating margin (%)
18.30% 14.90% 14.90% 15.70% 18.40% 15.50% 15.30% 18.10% 2016201720182019202020212022202320242025
Return on equity (%)
60.30% 46.80% 29.70% 37.40% 56.20% 76.50% 65.10% 64.30% 66.20% 55.90% 2016201720182019202020212022202320242025
Shares outstanding
283.5M 284.8M 285.0M 280.3M 275.8M 267.1M 261.8M 258.3M 254.1M 250.4M 2016201720182019202020212022202320242025
Net debt ($)
$321.5M $9.68B $8.86B $8.32B $8.07B $8.69B $9.39B $9.20B $9.02B $9.46B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
16.80% 8.70% 5.80% 7.50% 10.00% 9.00% 8.90% 10.40% 11.30% 9.90% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.64× 2.68× 2.42× 2.06× 2.30× 3.63× 3.09× 2.55× 2.28× 2.10× 2016201720182019202020212022202320242025
EPS ($)
$4.00 $6.07 $3.89 $5.50 $7.36 $6.98 $7.72 $9.25 $10.55 $10.26 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

SHERWIN WILLIAMS CO trades at about 35.1× earnings — near its 10-year norm (10-year range 22.9×–41×, median 33.8×).

22.9× 41×

Shaded band = 10-year range (22.9×–41×); dot = today's 35.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin48.8%48.5%46.7%42.1%42.8%47.3%44.9%42.3%44.8%49.9%
Operating margin——18.1%15.3%15.5%18.4%15.7%14.9%14.9%18.3%
Net margin10.9%11.6%10.4%9.1%9.3%11.1%8.6%6.3%11.5%9.6%
Return on assets9.9%11.3%10.4%8.9%9.0%10.0%7.5%5.8%8.7%16.8%
Return on equity55.9%66.2%64.3%65.1%76.5%56.2%37.4%29.7%46.8%60.3%
Debt / equity2.10×2.28×2.55×3.09×3.63×2.30×2.06×2.42×2.68×0.64×
Current ratio0.870.790.830.990.881.001.021.011.111.28

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.