# The Sherwin-Williams Company (SHW) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Basic Materials / Chemicals. Price $333.71, market value $81.0 billion.

## Valuation
- **P/E (trailing): 30.8×** (5-yr avg 34.9×, 3-yr avg 32.1×). The Sherwin-Williams Company trades at 30.8× trailing earnings, close to its own five-year average of 34.9×. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 24.5×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 3.3×**. Each dollar of revenue is priced at 3.3×.
- **Price / book: 20.9×**. The shares trade at 20.9× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 4.0%** (5-yr avg 2.7%). Free cash flow equals 4.0% of the market value, above its five-year average of 2.7%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 3.3%**. The inverse of the P/E: 3.3% of the price is earned each year.

## Profitability
- **Gross margin: 49.0%**. The Sherwin-Williams Company keeps 49.0% of revenue after the direct cost of what it sells.
- **Net margin: 10.9%**. 10.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 55.9%**. A 55.9% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on assets: 10.4%**. Each dollar of assets produces 10.4% of profit.

## Growth
- **Revenue growth (1 yr): 2.1%** (3-yr 2.1%/yr, 5-yr 5.1%/yr). Revenue grew 2.1% over the last year, against 5.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -2.7%** (3-yr 9.9%/yr, 5-yr 6.9%/yr). Earnings per share fell 2.7%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): 27.7%/yr**. Free cash flow has compounded at 27.7% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 2.10**. Debt is 2.10 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.96%** ($3.18 per share, trailing). The Sherwin-Williams Company yields 0.96%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 31%** (24% of free cash flow). 31% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 12.1%/yr** (1-yr 10.5%). The dividend has compounded at 12.1% a year over five years, doubling roughly every 6 years at that pace.

## Analyst view
- **Analyst consensus: buy** (22 analysts). 22 analysts cover The Sherwin-Williams Company; the consensus is buy, with an average price target of $391.00 (+17% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -8.1%** (YTD 3.5%, 3-mo 9.3%). The shares are down 8.1% over twelve months including dividends.
- **From 52-week high: -11.7%** (15.1% above the low). Trading 12% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 41**. An RSI of 41 is neutral.
- **Beta (1 yr): 0.83** (volatility 28%). Beta of 0.83 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SHW · Page: https://foliofundamentals.com/stocks/shw

Not investment advice.
