DOW vs SHW vs LYB Stock Comparison

Dow, Sherwin Williams and LyondellBasell Industries Prices as of Nov 3, 2026 Peers: Industry group
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DOW Dow Inc.
$33.79 +20.8% 1M +45.5% 1Y
Market cap
$23.76B
P/E
–
Revenue (TTM)
$42.61B
Div. yield
0.04%
Commodity Chemicals Basic Materials
2 wins
SHW Sherwin Williams Co
$340.89 +6.7% 1M -1.4% 1Y
Market cap
$87.37B
P/E
32.6x
Revenue (TTM)
$24.91B
Div. yield
–
Paints and Coatings Basic Materials
6 wins

Head to Head

12 decided of 12

Sherwin Williams leads on 6 of the 12 questions below (Sherwin Williams 6, LyondellBasell Industries 4, Dow 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDOWSHWLYBLeader
Larger companyMarket capitalisation $23.76B $87.37B $40.61B SHW
Cheaper on earningsLower P/E, profitable companies only -26.5x 32.6x 31.4x LYB
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.7x 26.9x 7.0x LYB
Faster revenue growthRevenue growth, trailing twelve months +4.2% +7.0% +3.5% SHW
More profitableNet margin, trailing twelve months -2.1% 10.7% 4.1% SHW
Better return on capitalReturn on invested capital 2.0% 19.5% 9.0% SHW
Less leveragedLower net debt / EBITDA 3.9x 2.4x 2.2x LYB
Higher dividend yieldTrailing dividend yield 0.04% 0.00% 0.03% DOW
Better 1-year returnPrice return, last 12 months +45.5% -1.4% +42.8% DOW
Better 5-year returnAnnualised price return, 5 years -10.0%/yr +1.4%/yr -6.2%/yr SHW
Less volatileAnnualised volatility, 1 year 41.5% 28.4% 42.8% SHW
Higher overall scoreMean of the five percentile scores vs peers 52/100 54/100 58/100 LYB

Percentile Scorecard

DOWSHWLYB

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDOWSHWLYB
Valuation 82 #18 of 95 22 #74 of 95 59 #40 of 95
Growth 58 #40 of 93 65 #33 of 93 74 #25 of 93
Profitability 47 #48 of 89 97 #4 of 89 71 #27 of 89
Financial Health 33 #65 of 96 23 #74 of 96 43 #55 of 96
Shareholder Returns 43 #43 of 74 62 #29 of 74 44 #42 of 74
Overall 52 54 58
  • DOW ranked among 99 companies in Chemicals
  • SHW ranked among 99 companies in Chemicals
  • LYB ranked among 99 companies in Chemicals

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDOWSHWLYBSPY
1 month +20.8%+6.7%+12.8% -2.0%
3 months +11.4%-5.7%+8.2% -2.2%
6 months -17.2%+9.1%-15.0% +4.2%
Year to date +44.5%+5.2%+52.6% +10.6%
1 year +45.5%-1.4%+42.8% +10.4%
3 years -32.1%+35.9%-28.7% +73.6%
3 years, per year -12.1%+10.8%-10.7% +20.2%
5 years -40.9%+7.0%-27.4% +61.6%
5 years, per year -10.0%+1.4%-6.2% +10.1%
10 years —+323.4%-15.6% +261.3%
10 years, per year —+15.5%-1.7% +13.7%

Risk

MeasureDOWSHWLYBSPY
Volatility, 1Y 41.5%28.4%42.8% 12.8%
Downside volatility, 1Y 37.4%25.8%40.6% 12.8%
Beta vs S&P 500, 1Y -0.380.78-0.65 1.00
Return / volatility, 1Y 1.09-0.051.00 0.81
Max drawdown, 5Y -70.8%-42.9%-63.9% -25.4%
From 52-week high -19.3%-8.5%-19.8% -3.2%
52-week high $41.87$372.60$82.38 $779.14
52-week low $20.95$293.00$42.28 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDOWSHWLYB
P/E now vs peer median -27.3xmedian 20.6x 30.7xmedian 20.6x 33.0xmedian 20.6x
P/S now vs peer median 0.6xmedian 1.4x 3.3xmedian 1.4x 1.3xmedian 1.4x
EV/EBITDA now vs peer median 10.9xmedian 12.2x 19.7xmedian 12.2x 12.3xmedian 12.2x
P/FCF now vs peer median 11.6xmedian 15.1x 26.8xmedian 15.1x 17.7xmedian 15.1x
P/B now vs peer median 1.4xmedian 1.6x 20.7xmedian 1.6x 3.8xmedian 1.6x
PEG now vs peer median 0.71median 1.73 5.48median 1.73 -1.93median 1.73

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDOWSHWLYB
Revenue $42.61B $24.91B $31.96B
Gross profit $4.73B $12.11B $4.57B
Operating income $720.00M $4.03B $2.76B
Net income -$595.00M $2.68B $1.30B
Free cash flow $2.11B $3.08B $2.41B
R&D $741.00M – $138.00M
EPS (diluted) $-1.23 $11.02 $2.00
Cash & equivalents $4.14B $264.20M $3.23B
Total debt $17.54B $11.80B $12.33B
Shares (diluted) 727.40M 242.80M 646.00M
Enterprise value $7.72B $86.39B $28.67B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDOWSHWLYB
P/E -27.3x 30.7x 33.0x
P/FCF 11.6x 26.8x 17.7x
P/Operating cash flow 5.3x 22.4x 11.5x
P/S 0.6x 3.3x 1.3x
P/B 1.4x 20.7x 3.8x
P/Tangible book 1.5x 354.4x 3.9x
EV/EBITDA 10.9x 19.7x 12.3x
EV/EBIT 52.6x 23.3x 18.8x
EV/Revenue 0.9x 3.8x 1.6x
EV/FCF 17.9x 30.5x 21.5x
EV/Operating cash flow 8.2x 25.5x 14.0x
PEG (3Y EPS CAGR) 0.71 5.48 -1.93

Growth

14 metrics
MetricDOWSHWLYB
Revenue growth (1Y) 4.2% 7.0% 3.5%
Revenue CAGR (3Y) -2.4% 2.7% -8.2%
Gross profit growth (1Y) 62.1% 6.4% 50.0%
Gross profit CAGR (3Y) -2.5% 5.1% -3.7%
Operating income growth (1Y) 685.4% 7.9% 397.2%
Operating income CAGR (3Y) -30.9% 3.9% -5.0%
Net income growth (1Y) 40.6% 4.1% 208.4%
Net income CAGR (3Y) -34.3% 3.4% -17.1%
EPS growth (1Y) 21.6% 6.7% 206.9%
EPS CAGR (3Y) -38.7% 5.6% -17.0%
Operating cash flow growth (1Y) 190.9% 11.8% 38.8%
Operating cash flow CAGR (3Y) -6.5% 4.3% -9.8%
Free cash flow growth (1Y) 279.8% 26.8% 227.1%
Free cash flow CAGR (3Y) -13.8% 8.0% -11.8%

Profitability

14 metrics
MetricDOWSHWLYB
Gross margin 11.1% 48.6% 14.3%
EBITDA margin 8.2% 19.2% 13.2%
Operating margin 1.7% 16.2% 8.6%
Pretax margin -1.0% 14.0% 5.5%
Net margin -2.1% 10.7% 4.1%
FCF margin 5.0% 12.4% 7.6%
Operating cash flow margin 10.8% 14.8% 11.6%
Return on equity -3.4% 68.3% 11.9%
Return on assets -1.0% 9.9% 3.8%
Return on invested capital 2.0% 19.5% 9.0%
Return on capital employed 1.4% 23.6% 9.9%
Asset turnover 0.7x 0.9x 0.9x
Cash conversion (OCF / net income) -7.7x 1.4x 2.8x
Stock comp / revenue – 0.5% 0.3%

Financial Health

11 metrics
MetricDOWSHWLYB
Debt / assets 28.8% 43.7% 35.5%
Debt / equity 1.0x 3.0x 1.1x
Net debt / EBITDA 3.9x 2.4x 2.2x
Debt / FCF 8.3x 3.8x 5.1x
Liabilities / assets 71.1% 85.3% 67.6%
Equity / assets 28.9% 14.7% 32.4%
Interest coverage 0.8x 7.5x 5.1x
Current ratio 1.8x 0.7x 1.8x
Quick ratio 1.0x 0.4x 1.0x
Cash ratio 0.4x 0.0x 0.5x
Altman Z-score 1.63 3.58 2.76

Shareholder Returns

7 metrics
MetricDOWSHWLYB
Dividend yield 4.1% 0.9% 5.2%
Net buyback yield – 2.8% –
Shareholder yield 4.1% 3.8% 5.2%
Payout ratio (earnings) -169.6% – 85.6%
Payout ratio (FCF) 47.7% – 46.2%
Dividend growth (1Y) -41.7% – -36.6%
Dividend CAGR (3Y) -20.1% – -11.2%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDOWSHWLYB
Forward P/E 12.7xFY2026 26.9xFY2026 7.0xFY2026
EPS, next fiscal year $2.67FY2026 $12.68FY2026 $9.42FY2026
EPS growth, next FY – +10.9%FY2026 +454.1%FY2026
EPS growth, the year after -33.3% -0.4% -30.1%
Revenue, next fiscal year $41.26BFY2026 $23.55BFY2026 $32.43BFY2026
Revenue growth, next FY +3.2%FY2026 -0.1%FY2026 +7.6%FY2026
Revenue growth, the year after +9.6% +4.0% +0.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDOWSHWLYB
Held by institutions 77.8% 82.7% 37.4%
Institutions holding 1,210 1,743 880
Change in shares held, QoQ +9.9% +3.3% -1.9%
Institutions buying 549 748 469
Institutions selling 452 719 299
Buyers to sellers 1.21 1.04 1.57

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DOWSHWLYB
DOW 1.00 -0.14 0.90
SHW -0.14 1.00 -0.22
LYB 0.90 -0.22 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, DOW, SHW and LYB?

Sherwin Williams (SHW) is the largest by market capitalisation: Dow (DOW) $23.76B, Sherwin Williams (SHW) $87.37B, LyondellBasell Industries (LYB) $40.61B.

Which stock is cheaper, DOW, SHW and LYB?

LyondellBasell Industries (LYB) trades on the lowest price-to-earnings ratio (Dow (DOW) -26.5x, Sherwin Williams (SHW) 32.6x, LyondellBasell Industries (LYB) 31.4x). On next year's consensus earnings, LyondellBasell Industries (LYB) is cheapest (Dow (DOW) 12.7x, Sherwin Williams (SHW) 26.9x, LyondellBasell Industries (LYB) 7.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Sherwin Williams (SHW) grew revenue fastest over the trailing twelve months: Dow (DOW) +4.2%, Sherwin Williams (SHW) +7.0%, LyondellBasell Industries (LYB) +3.5%.

Which company is more profitable?

Sherwin Williams (SHW) has the highest net margin (Dow (DOW) -2.1%, Sherwin Williams (SHW) 10.7%, LyondellBasell Industries (LYB) 4.1%). On return on invested capital, Sherwin Williams (SHW) leads (Dow (DOW) 2.0%, Sherwin Williams (SHW) 19.5%, LyondellBasell Industries (LYB) 9.0%).

Which stock has performed better?

Over the past year Dow (DOW) returned the most: Dow (DOW) +45.5%, Sherwin Williams (SHW) -1.4%, LyondellBasell Industries (LYB) +42.8%. Over five years, Sherwin Williams (SHW) compounded fastest (Dow (DOW) -10.0%/yr, Sherwin Williams (SHW) +1.4%/yr, LyondellBasell Industries (LYB) -6.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Dow (DOW) has the highest dividend yield: Dow (DOW) 0.04%, Sherwin Williams (SHW) 0.00%, LyondellBasell Industries (LYB) 0.03%. Sherwin Williams (SHW) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Sherwin Williams (SHW) has been the steadiest (Dow (DOW) 41.5%, Sherwin Williams (SHW) 28.4%, LyondellBasell Industries (LYB) 42.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DOW, SHW and LYB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Sherwin Williams (SHW) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.