The Sherwin-Williams Company SHW

329.10 8.70 2.72% as of 25 Sep
Market cap
$78.1B
P/E
30.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

The Sherwin-Williams Company (SHW) Gross margin

The Sherwin-Williams Company's gross margin over the twelve months to 30 June 2026 was 49.0%, up 0.1 percentage points from fiscal 2025 (48.9%). Over the past ten years it has ranged from 42.1% (fiscal 2022) to 49.9% (fiscal 2016); the current reading is higher than 82% of that period. That is above the Specialty Chemicals industry median of 29.2% and above the Basic Materials sector median of 25.1%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 48.9% 0.38
FY2024 48.5% 1.80
FY2023 46.7% 4.57
FY2022 42.1% (0.73)
FY2021 42.8% (4.46)
FY2020 47.3% 2.40
FY2019 44.9% 2.58
FY2018 42.3% (2.53)
FY2017 44.8% (5.10)
FY2016 49.9% 0.91

Quarterly

Period Gross margin Change (points)
Jun 2026 49.2% 0.10
Mar 2026 49.1% 0.60
Dec 2025 48.5% (0.69)
Sep 2025 49.2% (0.22)
42 more quarters

Against its own ten years

Low 42.1% High 49.9%
Ten-year median 46.7%
Current reading's percentile 82

Gross margin against peers

Company Gross margin
SHW The Sherwin-Williams Company 49.0%
LIN Linde PLC compare 48.4%
ECL Ecolab Inc. compare 44.1%
PPG PPG Industries, Inc. compare 40.9%
IFF International Flavors & Fragrances Inc. compare 36.5%
DD DuPont de Nemours, Inc. compare 35.1%
APD Air Products and Chemicals, Inc. compare 32.1%
ALB Albemarle Corporation compare 23.8%
LYB LyondellBasell Industries N.V. compare 12.8%
Specialty Chemicals industry median 29.2%
Basic Materials sector median 25.1%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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