The Sherwin-Williams Company
SHW Basic Materials Specialty Chemicals
The Sherwin-Williams Company’s revenue for fiscal 2025 (year ended December 2025) was $23.6 billion, up 2.06% from fiscal 2024. In the quarter to June 2026, revenue grew 7.52%, EPS grew 13.8%, free cash flow grew 33.7% and total debt rose 13.0%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for twenty-five consecutive years, revenue growth for ten.
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The Sherwin-Williams Company (SHW) EV/EBITDA
As of 16 October 2026, The Sherwin-Williams Company (SHW) trades at a EV/EBITDA of 19.3×. Over the past ten years it has ranged from 11.9× (November 2016) to 32.0× (December 2021); the current reading is higher than 38% of that period. That is above the Specialty Chemicals industry median of 12.8× and above the Basic Materials sector median of 9.4×.
EV/EBITDA, daily
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Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 19.7× | (6.41%) |
| FY2024 | 21.1× | 3.88% |
| FY2023 | 20.3× | 2.25% |
| FY2022 | 19.8× | (38.02%) |
| FY2021 | 32.0× | 48.28% |
| FY2020 | 21.6× | 8.25% |
| FY2019 | 19.9× | 8.23% |
| FY2018 | 18.4× | (12.78%) |
| FY2017 | 21.1× | 61.90% |
| FY2016 | 13.0× | (7.73%) |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 19.7× | 2.61% |
| Mar 2026 | 19.2× | (2.34%) |
| Dec 2025 | 19.7× | (8.42%) |
| Sep 2025 | 21.5× | (0.62%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| PPG PPG Industries, Inc. compare | 10.7× |
| RPM RPM International Inc. compare | 12.0× |
| LYB LyondellBasell Industries N.V. compare | 12.9× |
| DD DuPont de Nemours, Inc. compare | 14.5× |
| IFF International Flavors & Fragrances Inc. compare | 16.1× |
| LIN Linde PLC compare | 19.2× |
| SHW The Sherwin-Williams Company | 19.3× |
| ECL Ecolab Inc. compare | 22.9× |
| APD Air Products and Chemicals, Inc. compare | 87.6× |
| Specialty Chemicals industry median | 12.8× |
| Basic Materials sector median | 9.4× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on SHW
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement