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.

335.20 1.72 −0.51%
Market cap
$81.8B
P/E
30.6×
Fwd P/E
28.0×
Dividend yield
0.95%
F-score
6/9
Altman Z
3.67
Beneish M
−2.50
Dividend safety
89/100

The Sherwin-Williams Company (SHW) EV/EBITDA

Alert me on 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

Against its own ten years

Low 11.9× High 32.0×
Ten-year median 20.1×
Current reading's percentile 38

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)

The full definition of EV/EBITDA →

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