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) Operating margin
The Sherwin-Williams Company's operating margin over the twelve months to 30 September 2026 was 16.2%, down 0.1 percentage points from fiscal 2025 (16.3%). Over the past ten years it has ranged from 10.7% (fiscal 2018) to 16.5% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Specialty Chemicals industry median of 5.64% and above the Basic Materials sector median of 2.88%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 16.3% | (0.25) |
| FY2024 | 16.5% | 0.77 |
| FY2023 | 15.7% | 2.10 |
| FY2022 | 13.6% | 0.80 |
| FY2021 | 12.8% | (2.77) |
| FY2020 | 15.6% | 2.14 |
| FY2019 | 13.5% | 2.75 |
| FY2018 | 10.7% | (0.59) |
| FY2017 | 11.3% | (3.40) |
| FY2016 | 14.7% | 0.45 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 17.5% | (0.60) |
| Jun 2026 | 18.1% | 3.93 |
| Mar 2026 | 14.2% | (0.03) |
| Dec 2025 | 14.2% | (4.29) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| LIN Linde PLC compare | 25.3% |
| ECL Ecolab Inc. compare | 16.7% |
| SHW The Sherwin-Williams Company | 16.2% |
| PPG PPG Industries, Inc. compare | 13.5% |
| RPM RPM International Inc. compare | 12.6% |
| DD DuPont de Nemours, Inc. compare | 11.8% |
| LYB LyondellBasell Industries N.V. compare | 8.64% |
| IFF International Flavors & Fragrances Inc. compare | 7.15% |
| APD Air Products and Chemicals, Inc. compare | −4.71% |
| Specialty Chemicals industry median | 5.64% |
| Basic Materials sector median | 2.88% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on SHW
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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