Sherwin-Williams Financial Ratios
NYSE: SHWConsumer DiscretionaryRETAIL: Building MaterialsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Sherwin-Williams ratio analysis
Sherwin-Williams earned a net margin of 10.9% in FY 2025, down from 11.6% a year earlier. Gross margin was 48.8% compared with a median of 44.9% over the prior 9 years. Return on equity reached 55.9%, meaning Sherwin-Williams generated 0.56 dollars of profit for every dollar of shareholders' equity, an unusually high figure that often reflects a small equity base after share buybacks.
Debt-to-equity stood at 2.36 versus 2.44 the year before, and the current ratio was 0.87. At the end of FY 2025, SHW traded at 32.0 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 7.5 to 50.5, with a median of 31.9. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Sherwin-Williams financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 31.95 | 31.90 | 33.72 | 30.74 | 50.45 | 33.28 | 34.21 | 11.15 | 7.51 | 7.47 |
| Price / sales | 3.44 | 3.66 | 3.46 | 2.76 | 4.63 | 3.62 | 2.89 | 0.69 | 0.85 | 0.69 |
| Price / book | 17.65 | 20.85 | 21.44 | 19.74 | 37.93 | 18.41 | 12.57 | 3.24 | 3.48 | 4.38 |
| Gross margin | 48.8% | 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 margin | 10.9% | 11.6% | 10.4% | 9.1% | 9.3% | 11.1% | 8.6% | 6.3% | 11.5% | 9.6% |
| Free cash flow margin | 11.3% | 9.0% | 11.4% | 5.8% | 9.4% | 16.9% | 11.1% | 9.7% | 11.1% | 9.0% |
| Return on equity (ROE) | 55.9% | 66.2% | 64.3% | 65.1% | 76.5% | 56.2% | 37.4% | 29.7% | 47.4% | 60.3% |
| Return on assets (ROA) | 9.9% | 11.3% | 10.4% | 8.9% | 9.0% | 10.0% | 7.5% | 5.8% | 8.7% | 16.8% |
| Debt / equity | 2.36 | 2.44 | 2.65 | 3.41 | 3.95 | 2.30 | 2.11 | 2.50 | 2.88 | 1.04 |
| Current ratio | 0.87 | 0.79 | 0.83 | 0.99 | 0.88 | 1.00 | 1.02 | 1.01 | 1.11 | 1.28 |
| Revenue growth | 2.1% | 0.2% | 4.1% | 11.1% | 8.6% | 2.6% | 2.1% | 17.0% | 26.4% | 4.6% |
| EPS growth | -2.7% | 14.1% | 19.8% | 10.6% | -5.2% | 33.8% | -52.9% | -35.9% | 51.8% | 7.5% |