US · USD

SHW

Sherwin-Williams Co

US$320.78-0.77% (-US$2.49)
Day's range
US$313.26 – US$321.67
Day's volume
US$518.6m
52-week range
US$292.32 – US$369.96

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SHW in numbers

Market cap
US$77.9bn
P/E
28.97
P/B
20.20
Dividend yield (12m)
0.99%

The 12-month dividend yield of SHW is 0.99%, above its 5-year average of 0.85%.

SHW price history

02/10/202501/10/2026
Compare with

SHW risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-6.12%+38.29%+6.02%
Volatility (annualised)23.16%27.02%28.42%
Largest drawdown-15.80%-22.49%-41.45%
Positive months5/1219/3629/60

How much did investing in SHW return?

US$1,000.00 invested on 01/09/2021 would be worth US$1,209.29 today.

Value today in SHW
US$1,209.29
Return over the period
+20.93%
Return per year
+3.87%
In the S&P 500
US$1,776.31

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

SHW fundamentals

Valuation

  • P/E
    28.97
  • P/B
    20.20
  • EV/EBITDA
    —
  • EV/EBIT
    —
  • EV/Revenue
    3.67
  • P/EBIT
    —
  • P/S
    3.19
  • P/OCF
    20.04
  • P/FCF
    —
  • Earnings yield
    —
  • PEG ratio
    —
  • Earnings per share
    US$11.07
  • Book value per share
    US$15.88

Debt

  • Net debt
    US$11.8bn
  • Net debt/EBITDA
    —
  • Net debt/Equity
    3.06
  • Debt/Equity
    3.13
  • Current ratio
    0.73
  • Quick ratio
    0.46
  • Cash ratio
    0.03

Efficiency

  • Gross margin
    48.98%
  • EBITDA margin
    —
  • Operating margin
    —
  • Net margin
    11.01%
  • Asset turnover
    0.91

Profitability

  • ROE
    69.74%
  • ROA
    9.97%
  • ROIC
    —
  • Payout
    28.81%

Growth

  • Revenue CAGR (5 years)
    4.44%
  • Earnings CAGR (5 years)
    4.37%
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    —
  • Earnings growth (quarter)
    —

What is SHW's fair price?

Two classic value formulas, with today's numbers. The current price is US$320.78.

Graham's fair price
US$62.90
80.39% below the price

√(22.50 × US$11.07 × US$15.88)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
US$43.47
86.45% below the price

US$2.61 (5-year average) ÷ 6%

Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.

Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.

SHW indicators by year

Multiples at each year's closing price; margins and returns from that year's accounts.

Indicator20252024202320222021202020192018
P/E31.2631.8733.2230.3649.1832.4334.9232.90
P/B17.4621.0921.3619.7737.6218.2413.059.78
Dividend yield0.98%0.84%0.78%1.01%0.62%0.73%0.77%0.87%
Earnings per shareUS$10.37US$10.67US$9.39US$7.82US$7.16US$22.66US$16.71US$11.96
Book value per shareUS$18.56US$16.12US$14.60US$12.00US$9.36US$40.30US$44.71US$40.24
ROE55.86%66.19%64.29%65.12%76.50%56.23%37.38%29.72%
ROIC——24.05%19.80%21.51%23.29%17.27%16.48%
Gross margin48.85%48.47%46.67%42.10%42.83%47.29%44.89%42.31%
Net margin10.90%11.61%10.36%9.12%9.35%11.06%8.61%6.32%

SHW financial statements

Line202520242023202220212020
Net revenueUS$23.6bnUS$23.1bnUS$23.1bnUS$22.1bnUS$19.9bnUS$18.4bn
Cost of sales-US$12.1bn-US$11.9bn-US$12.3bn-US$12.8bn-US$11.4bn-US$9.7bn
Gross profitUS$11.5bnUS$11.2bnUS$10.8bnUS$9.3bnUS$8.5bnUS$8.7bn
EBITDA——————
EBIT——US$4.2bnUS$3.4bnUS$3.1bnUS$3.4bn
Net finance result——————
Profit before taxUS$3.3bnUS$3.5bnUS$3.1bnUS$2.6bnUS$2.2bnUS$2.5bn
Income tax-US$769.7m-US$770.4m-US$721.1m-US$553m-US$384.2m-US$488.8m
Net incomeUS$2.6bnUS$2.7bnUS$2.4bnUS$2bnUS$1.9bnUS$2bn

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does SHW pay dividends?

Dividend yield per year

  • 0.83%2017
  • 0.87%2018
  • 0.77%2019
  • 0.73%2020
  • 0.62%2021
  • 1.01%2022
  • 0.78%2023
  • 0.84%2024
  • 0.98%2025
  • 0.75%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend20/08/202611/09/2026US$0.80
Dividend21/05/202605/06/2026US$0.80
Dividend27/02/202613/03/2026US$0.80
Dividend13/11/202505/12/2025US$0.79
Dividend14/08/202505/09/2025US$0.79
Dividend15/05/202506/06/2025US$0.79
Dividend28/02/202514/03/2025US$0.79
Dividend14/11/202406/12/2024US$0.72
Dividend15/08/202406/09/2024US$0.72
Dividend15/05/202407/06/2024US$0.72
Dividend22/02/202408/03/2024US$0.72
Dividend15/11/202308/12/2023US$0.61
See all 40 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend16/08/202308/09/2023US$0.61
Dividend17/05/202302/06/2023US$0.61
Dividend23/02/202310/03/2023US$0.61
Dividend16/11/202202/12/2022US$0.60
Dividend17/08/202209/09/2022US$0.60
Dividend18/05/202203/06/2022US$0.60
Dividend24/02/202211/03/2022US$0.60
Dividend17/11/202103/12/2021US$0.55
Dividend18/08/202110/09/2021US$0.55
Dividend19/05/202104/06/2021US$0.55
Dividend25/02/202112/03/2021US$0.55
Dividend11/11/202004/12/2020US$0.45
Dividend19/08/202011/09/2020US$0.45
Dividend20/05/202005/06/2020US$0.45
Dividend27/02/202013/03/2020US$0.45
Dividend13/11/201906/12/2019US$0.38
Dividend14/08/201906/09/2019US$0.38
Dividend15/05/201931/05/2019US$0.38
Dividend21/02/201908/03/2019US$0.38
Dividend14/11/201807/12/2018US$0.29
Dividend15/08/201807/09/2018US$0.29
Dividend16/05/201801/06/2018US$0.29
Dividend22/02/201809/03/2018US$0.29
Dividend15/11/201708/12/2017US$0.28
Dividend15/08/201708/09/2017US$0.28
Dividend16/05/201702/06/2017US$0.28
Dividend22/02/201710/03/2017US$0.28
Dividend15/11/201602/12/2016US$0.28

About Sherwin-Williams

Sector
Retail

Questions about SHW

How much is SHW today?

SHW is at US$320.78 (-0.77% on the day), last traded on 01/10/2026.

How much did SHW pay in dividends in 2025?

SHW paid US$3.16 per share in 2025, a dividend yield of 0.98%.

What are the P/E and P/B of SHW?

SHW trades at a P/E of 28.97 and a P/B of 20.20.

How much did SHW return in 12 months?

SHW returned -6.12% in 12 months, with annualised volatility of 23.16% and a largest drawdown of -15.80%.