Sherwin Williams Co (SHW)
Materials · Specialty Chemicals · US stock · S&P 500 component
$335.20
▼ -1.72 (0.51%)
Fair valueFair
$281 −16.1% to fair value
$141fair band $197–$366$422
Day's range
$331.76 – $343.64
52-week range
$289.19 – $375.09
About Sherwin Williams Co
Sherwin-Williams makes and sells paints, coatings and related products for homeowners, professional painters and industrial customers. It sells mostly through its own network of paint stores, as well as through retailers and other channels. The company earns money from product sales, with raw material costs, such as resins and pigments, influencing margins. Housing activity, remodeling and industrial production are important to demand.
Looking at the top line, revenue was $24.4 billion for the latest twelve months and it grew by 2.1% a year over three years. Operating margin was 16.4%, and return on invested capital is 20%. Its net debt to EBITDA ratio is 2.9 times. Shareholders receive a dividend with a yield of 1.0%. The overall X-Ray Score is 56 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $289.19 – $375.09Volume 1,792,900Daily, split-adjusted
Vitals
Market cap$82.5B
52-week range$289.19 – $375.09
Volume (last day)1,792,900
P/E (TTM)31.0
EBIT / EV yield4.3%
Free-cash-flow yield3.9%
Dividend yield1.0%
Revenue (TTM)$24.4B
Net income (TTM)$2.7B
Operating margin16.4%
Return on capital19.7%
Debt incl. leases$12.1B
Cash & securities$294M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$281model spread $264 – $303
Fair
−16.1% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Multiples use through-the-cycle earnings (1.01x of the last twelve months)
Price $335
Undervalued < $197Fair $197 – $366Overvalued > $366
10-year DCF (market-scaled)
$271
Peer multiples
$257
Earnings power floor (not blended)
$103
Fundamentals-adjusted multiple
$316
Growth the price implies
16.1%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Materials peers. Open a lens to see the numbers behind it.
Valuation
Weak
46/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield4.3%
Free-cash-flow yield3.9%
Fair value vs price0.8×
Growth
Fair
60/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)2.1%
EPS growth (3y)9.9%
Growth consistency80%
Profitability
Strong
82/100
Earns high returns on the capital it uses.
See the numbers →
Return on invested capital19.7%
Operating margin16.4%
Gross profitability44.4%
Financial health
Weak
31/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA2.9×
Interest cover7.8×
Dividends
Fair
65/100
Dividend is typical for its sector.
See the numbers →
Dividend yield1.0%
Dividends vs free cash flow24%
Dividend growth8.5%
Quarterly results: last 6 quarters
-1.1%
Mar '25
+0.7%
Jun '25
+3.2%
Sep '25
+5.6%
Dec '25
+6.8%
Mar '26
+7.5%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $6.8B, diluted EPS $3.43.
Compare with peers
PPG Ppg Industries Inc66 ECL Ecolab Inc.50 ALB Albemarle Corp41 IFF International Flavors...23Other Specialty Chemicals companies by X-Ray Score.
Fundamentals checklist
● 5 Good · ● 8 Average · ● 3 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldAverage
Risk models
Altman Z''Bad
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Good
Revenue growth (3y)Average
Growth consistencyGood
Balance sheet
Current ratioBad
Net debt / EBITDABad
Interest coverAverage
Valuation
Fair value vs priceAverage
EBIT / EV yieldAverage
Profitability
Return on invested capitalGood
Operating marginGood
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 57/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $19.9B | $22.1B | $23.1B | $23.1B | $23.6B |
| Operating income | $3.1B | $3.4B | $4.2B | $3.9B | $3.8B |
| Net income | $1.9B | $2.0B | $2.4B | $2.7B | $2.6B |
| Operating cash flow | $2.2B | $1.9B | $3.5B | $3.2B | $3.5B |
| Operating margin | 15.5% | 15.3% | 18.1% | 16.7% | 16.1% |
| Free cash flow | $1.9B | $1.3B | $2.6B | $2.1B | $2.7B |
| Diluted EPS | $6.98 | $7.72 | $9.25 | $10.55 | $10.26 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bullish
11 bullish · 3 neutral · 2 bearish
Weekly
Strongly bullish
9 bullish · 1 neutral · 2 bearish
Monthly
Bullish
5 bullish · 1 neutral · 2 bearish
Moving averages (daily)
| SMA 10 | 323.6 | Bullish |
| EMA 10 | 326.6 | Bullish |
| SMA 20 | 324.4 | Bullish |
| EMA 20 | 325.9 | Bullish |
| SMA 50 | 334.0 | Bullish |
| EMA 50 | 329.1 | Bullish |
| SMA 100 | 330.4 | Bullish |
| EMA 100 | 330.3 | Bullish |
| SMA 200 | 332.0 | Bullish |
| EMA 200 | 331.8 | Bullish |
Oscillators (daily)
| RSI (14) | 58.68 | Neutral |
| MACD (12, 26) | -0.40 | Bearish |
| Momentum (12) | 3.69 | Bullish |
| Stochastic %K (14) | 74.05 | Neutral |
| Williams %R (14) | -25.95 | Neutral |
| CCI (20) | 180.3 | Bearish |
Pivot points (classic, last session)
S3 318.2 | S2 325.0 | S1 330.1 | Pivot 336.9 | R1 342.0 | R2 348.7 | R3 353.9 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
3.19 USD
Yield on today's price
0.95%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 21 Aug 2026 | 0.8000 |
| 22 May 2026 | 0.8000 |
| 2 Mar 2026 | 0.8000 |
| 14 Nov 2025 | 0.7900 |
| 15 Aug 2025 | 0.7900 |
| 16 May 2025 | 0.7900 |
| 3 Mar 2025 | 0.7900 |
| 15 Nov 2024 | 0.7150 |
| 16 Aug 2024 | 0.7150 |
| 16 May 2024 | 0.7150 |
| 23 Feb 2024 | 0.7150 |
| 16 Nov 2023 | 0.6050 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
SHW SEC filings
29 Sep 2026
8-KSEC EDGAR
Entered a material agreement; Other events
28 Jul 2026
10-QSEC EDGAR
Quarterly report
28 Jul 2026
8-KSEC EDGAR
Results of operations
9 Jun 2026
8-KSEC EDGAR
Entered a material agreement
28 Apr 2026
10-QSEC EDGAR
Quarterly report
28 Apr 2026
8-KSEC EDGAR
Results of operations
24 Apr 2026
8-KSEC EDGAR
Shareholder vote results
11 Mar 2026
DEF 14ASEC EDGAR
Proxy statement
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.