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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, The Sherwin-Williams Company (SHW) trades at a price to free cash flow of 25.3×. Over the past ten years it has ranged from 17.5× (November 2016) to 68.7× (December 2022); the current reading is higher than 40% of that period. That is above the Specialty Chemicals industry median of 21.2× and above the Basic Materials sector median of 18.4×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 30.1× (26.08%)
FY2024 40.7× 41.41%
FY2023 28.8× (38.97%)
FY2022 47.2× (3.64%)
FY2021 49.0× 133.28%
FY2020 21.0× (21.64%)
FY2019 26.8× 26.77%
FY2018 21.1× (6.06%)
FY2017 22.5× (1.13%)
FY2016 22.8× 16.42%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 26.0× (3.73%)
Mar 2026 27.0× (10.29%)
Dec 2025 30.1× (14.22%)
Sep 2025 35.1× (11.23%)
42 more quarters

Against its own ten years

Low 17.5× High 68.7×
Ten-year median 26.5×
Current reading's percentile 40

Price to free cash flow against peers

Company Price to free cash flow
APD Air Products and Chemicals, Inc. compare n/m
LYB LyondellBasell Industries N.V. compare 12.1×
RPM RPM International Inc. compare 16.7×
PPG PPG Industries, Inc. compare 17.0×
DD DuPont de Nemours, Inc. compare 25.3×
SHW The Sherwin-Williams Company 25.3×
IFF International Flavors & Fragrances Inc. compare 41.5×
ECL Ecolab Inc. compare 42.8×
LIN Linde PLC compare 46.3×
Specialty Chemicals industry median 21.2×
Basic Materials sector median 18.4×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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