stockrowThe 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.
- Revenue
- +7.89%
- EPS
- +0.89%
- Free cash flow
- −12.2%
- Total debt
- +2.43%
Quarter to September 2026, against a year earlier
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The Sherwin-Williams Company (SHW) Gross margin
The Sherwin-Williams Company's gross margin over the twelve months to 30 September 2026 was 48.6%, down 0.2 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 27.8% and above the Basic Materials sector median of 25.0%.
Gross margin, annual
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Annual newest first
| 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 newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 47.8% | (1.40) |
| Jun 2026 | 49.2% | 0.10 |
| Mar 2026 | 49.1% | 0.60 |
| Dec 2025 | 48.5% | (0.69) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| SHW The Sherwin-Williams Company | 48.6% |
| LIN Linde PLC compare | 47.9% |
| ECL Ecolab Inc. compare | 43.9% |
| RPM RPM International Inc. compare | 41.2% |
| PPG PPG Industries, Inc. compare | 40.9% |
| IFF International Flavors & Fragrances Inc. compare | 36.5% |
| DD DuPont de Nemours, Inc. compare | 35.5% |
| APD Air Products and Chemicals, Inc. compare | 32.1% |
| LYB LyondellBasell Industries N.V. compare | 14.3% |
| Specialty Chemicals industry median | 27.8% |
| Basic Materials sector median | 25.0% |
| Market median | 45.1% |
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
More on SHW
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- 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