The Sherwin-Williams Company SHW
329.10
8.70
2.72%
as of 25 Sep
- Market cap
- $78.1B
- P/E
- 30.0×
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The Sherwin-Williams Company (SHW) Operating margin
The Sherwin-Williams Company's operating margin over the twelve months to 30 June 2026 was 16.4%, up 0.2 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 3.63% and above the Basic Materials sector median of 0.82%.
Operating margin, annual
Annual
| 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
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 18.1% | 3.93 |
| Mar 2026 | 14.2% | (0.03) |
| Dec 2025 | 14.2% | (4.29) |
| Sep 2025 | 18.5% | 1.09 |
| 42 more quarters | Free account |
Against its own ten years
Low 10.7%
High 16.5%
Ten-year median
14.3%
Current reading's percentile
91
Operating margin against peers
| Company | Operating margin |
|---|---|
| LIN Linde PLC compare | 26.5% |
| ECL Ecolab Inc. compare | 16.9% |
| SHW The Sherwin-Williams Company | 16.4% |
| PPG PPG Industries, Inc. compare | 13.4% |
| DD DuPont de Nemours, Inc. compare | 9.90% |
| IFF International Flavors & Fragrances Inc. compare | 7.48% |
| ALB Albemarle Corporation compare | 4.27% |
| LYB LyondellBasell Industries N.V. compare | 3.09% |
| APD Air Products and Chemicals, Inc. compare | −4.71% |
| Specialty Chemicals industry median | 3.63% |
| Basic Materials sector median | 0.82% |
| 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
- 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
- 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
- The full statement