TORVANTA
Materials · S&P 500 · data as of 2026-10-05

SHW stock analysis: Sherwin-Williams

Sherwin-Williams (SHW) is an S&P 500 company in Specialty Chemicals. It grades strongest on profitability and weakest on value.

The model's view of SHW · subscribers

Where SHW ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with SHW · updated 2026-10-05 · from prices and SEC filings

SHW price performance

SHW against the S&P 500, one year
-10%+0%+10%+20%S&P 500 +18%SHW -6%2025-09-292026-10-05
Year to date-1.0%S&P 500 +14.5% · behind by 15.5 pts
1 year-7.2%S&P 500 +17.0% · behind by 24.3 pts
3 years+28.9%S&P 500 +89.3% · behind by 60.3 pts
5 years+14.4%S&P 500 +91.3% · behind by 76.9 pts

Total returns with dividends reinvested.

SHW factor grades

Each grade compares SHW with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

C-ValueP/E 29.4x (industry 37.2x)FCF yield 4.2% (industry 4.7%)
CGrowthRevenue growth +6% (industry +6%)EPS growth +8% (industry +4%)
AProfitability
CMomentum12-month change -7%From 52-wk high -14%

SHW in plain numbers

SHW key statistics

SectorMaterials
IndustrySpecialty Chemicals
IndexS&P 500
Market value$77.3B
Revenue growth (y/y)+6%
Free-cash-flow yield4.2%
Dividend yield1.0%
Next earnings (expected)2026-10-27
Valuation measures
Market value$77.3B
Enterprise value$86.8B
P/E (trailing)29.4x
Forward P/E (Torvanta estimate)28.0x
PEG (Torvanta estimate)5.84
Price / sales3.2x
Price / book20.1x
EV / revenue3.6x
Financial highlights
Revenue, last 12 months$24.4B
Net income, last 12 months$2.7B
EPS, last 12 months (GAAP)$10.85
Gross margin49.0%
Net margin11.0%
Return on equity65.1%
Cash$293.5M
Total debt$9.8B
Debt / equity2.55x
Free cash flow, last 12 months$3.2B
Current ratio0.73x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

SHW earnings trends

Revenue vs earnings
$0$1.7B$3.4B$5.1B$6.8BSep 2024 Revenue: $6.2BDec 2024 Revenue: $5.3BMar 2025 Revenue: $5.3BJun 2025 Revenue: $6.3BSep 2025 Revenue: $6.4BDec 2025 Revenue: $5.6BMar 2026 Revenue: $5.7BJun 2026 Revenue: $6.8BSep 2024 Net income: $806.2MDec 2024 Net income: $480.1MMar 2025 Net income: $503.9MJun 2025 Net income: $754.7MSep 2025 Net income: $833.1MDec 2025 Net income: $476.8MMar 2026 Net income: $534.7MJun 2026 Net income: $843.6MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 13.1%Net margin: 9.1%Net margin: 9.5%Net margin: 12.0%Net margin: 13.1%Net margin: 8.5%Net margin: 9.4%Net margin: 12.4%0%7%13%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.9$1.7$2.6$3.4Sep 2024 EPS (GAAP, diluted): $3.2Dec 2024 EPS (GAAP, diluted): $1.9Mar 2025 EPS (GAAP, diluted): $2.0Jun 2025 EPS (GAAP, diluted): $3.0Sep 2025 EPS (GAAP, diluted): $3.4Dec 2025 EPS (GAAP, diluted): $1.9Mar 2026 EPS (GAAP, diluted): $2.2Jun 2026 EPS (GAAP, diluted): $3.4Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +5% · Dec 2025 +1% · Mar 2026 +8% · Jun 2026 +14%

From the company's 10-Q and 10-K filings with the SEC.

Sherwin-Williams financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$19.9B$22.1B$23.1B$23.1B$23.6B
Net income$1.9B$2.0B$2.4B$2.7B$2.6B
EPS (GAAP)$6.96$7.73$9.26$10.55$10.27
Free cash flow$1.9B$1.3B$2.6B$2.1B$2.7B

SHW earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-28$3.43+14%+8%+6.4%
2026-04-28$2.15+8%+7%-4.9%
2026-01-29$1.92+1%+6%+1.9%
2025-10-28$3.35+5%+3%+2.6%
2025-07-22$3.00-14%+1%-0.4%
2025-04-29$2.00+2%-1%+5.6%

About Sherwin-Williams

HeadquartersCleveland, OH
Industry (SEC code)Retail-Building Materials, Hardware, Garden Supply
Fiscal year endsDecember 31
Incorporated inOH
Listed onNYSE

From the company's SEC registration record.

Companies similar to SHW

CompanyMarket valueP/ERevenue growthOperating margin12-month change
SHW Sherwin-Williams$77.3B29.4x+6%n/a-7%
ECL Ecolab$77.7B37.2x+7%16.9%+1%compare
PPG PPG Industries$23.5B15.0x+6%n/a+3%compare
IFF Intl Flavors & Fragrances$21.2B73.0x-12%7.6%+37%compare
LYB LyondellBasell$19.1Bn/a-11%3.1%+27%
ALB Albemarle$12.3Bn/a+18%4.3%+20%

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Frequently asked questions

Is SHW stock a buy?

Torvanta does not tell individuals what to buy. Its grades for SHW are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is SHW's P/E ratio?

SHW trades at about 29.4 times its last 12 months of GAAP earnings reported to the SEC, and about 28.0 times Torvanta's own estimate of the next 12 months.

When does SHW report earnings next?

Based on its filing history, Torvanta expects Sherwin-Williams to report around 2026-10-27.

Does SHW pay a dividend?

Yes. Its dividend yield is about 1.0%, and it has raised its dividend 24 years in a row.

How has SHW performed against the S&P 500?

Over the past year SHW returned -7.2%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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