Sherwin Williams (SHW) Asset Utilization Ratio (2009 - 2026)
Sherwin Williams' Asset Utilization Ratio was 0.92 in Q2 2026, down 0.8% from 0.92 a year earlier and unchanged from the prior quarter.
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Analysis
Sherwin Williams (SHW) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Sherwin Williams came in at 0.95, down 4.0% from FY2024.
- Asset Utilization Ratio has now declined for three consecutive years.
- In earlier years, Asset Utilization Ratio was 0.99 in FY2024 (-2.0%), 1.01 in FY2023 (-1.1%), 1.02 in FY2022 (+5.4%) and 0.97 in FY2021 (+8.2%).
- Quarterly Asset Utilization Ratio has moved between 0.90 (Q3 2025) and 1.00 (Q4 2023) over five years.
- Compared with a year earlier, Asset Utilization Ratio has declined for nine straight quarters, with an average decline of 4.2% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q3 2021 (growth of 9.5%); the worst was Q4 2025 (a decline of 6.8%).
- Per Business Quant data, SHW's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.92 (Q1 2026), 0.90 (Q4 2025) and 0.90 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 231.85 Bn | 213.42 Bn | 4.43 Bn | 0.41 |
| 2 | Corning | 113.00 Bn | 105.57 Bn | 1.63 Bn | 0.53 |
| 3 | Sherwin Williams | 81.18 Bn | 80.22 Bn | 3.34 Bn | 0.92 |
| 4 | Air Products & Chemicals | 66.75 Bn | 61.94 Bn | 1.04 Bn | 0.31 |
| 5 | LyondellBasell Industries | 41.15 Bn | 30.66 Bn | 2.04 Bn | 0.91 |
| 6 | Nutrien | 33.74 Bn | 30.57 Bn | 3.25 Bn | 0.52 |
| 7 | Ati | 24.89 Bn | 22.92 Bn | 309.80 Mn | 0.86 |
| 8 | Qnity Electronics | 24.56 Bn | 21.70 Bn | 666.00 Mn | 0.37 |
| 9 | Ppg Industries | 24.00 Bn | 16.66 Bn | 1.81 Bn | 0.73 |
| 10 | International Flavors & Fragrances | 23.36 Bn | 21.01 Bn | 853.00 Mn | 0.40 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.92 |
| Mar 31, 2026 | 0.92 |
| Dec 31, 2025 | 0.90 |
| Sep 30, 2025 | 0.90 |
| Jun 30, 2025 | 0.92 |
| Mar 31, 2025 | 0.95 |
| Dec 31, 2024 | 0.97 |
| Sep 30, 2024 | 0.97 |
| Jun 30, 2024 | 0.98 |
| Mar 31, 2024 | 0.99 |
| Dec 31, 2023 | 1.00 |
| Sep 30, 2023 | 1.00 |
| Jun 30, 2023 | 0.99 |
| Mar 31, 2023 | 0.99 |
| Dec 31, 2022 | 0.99 |
| Sep 30, 2022 | 0.98 |
| Jun 30, 2022 | 0.95 |
| Mar 31, 2022 | 0.96 |
| Dec 31, 2021 | 0.96 |
| Sep 30, 2021 | 0.95 |
API Access
Sherwin Williams Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SHW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "SHW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();