Sherwin Williams (SHW) Debt Ratio (2009 - 2026)

Sherwin Williams' (SHW) quarterly Debt Ratio came in at 0.44 in Q1 2026, up 7.88% year-on-year from 0.41 in Q1 2025, and up 18.79% quarter-over-quarter from 0.37 in Q4 2025.

Sherwin Williams (SHW) Debt Ratio (2009 - 2026) Analysis & Trends

Sherwin Williams' Debt Ratio history runs 18 years deep, the most recent figure standing at 0.44 for Q1 2026.

  • On a quarterly basis, Debt Ratio rose 7.88% year-over-year to 0.44 in Q1 2026; TTM through Mar 2026 was 0.44, a 7.88% increase from a year earlier, with the FY2025 full-year figure at 0.37, down 14.13% from the prior year.
  • Debt Ratio rose to 0.44 in Q1 2026 per SHW's latest filing, from 0.37 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.48 in Q1 2023 and bottomed at 0.37 in Q4 2025.
  • The 5-year median for Debt Ratio is 0.43 (2025), against an average of 0.42.
  • Biggest YoY gain for Debt Ratio was 15.21% in 2023; the steepest drop was 18.5% in 2023.
  • Year by year, Debt Ratio stood at 0.47 in 2022, then dropped by 18.5% to 0.38 in 2023, then rose by 14.03% to 0.43 in 2024, then dropped by 14.13% to 0.37 in 2025, then grew by 18.79% to 0.44 in 2026.
  • Per Business Quant, the three latest SHW Debt Ratio figures stand at 0.44 (Q1 2026), 0.37 (Q4 2025), and 0.43 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Linde 237.95 Bn 233.99 Bn 4.26 Bn 0.29
2 Sherwin Williams 78.17 Bn 77.95 Bn 2.78 Bn 0.44
3 Ecolab 76.02 Bn 75.37 Bn 1.85 Bn 0.33
4 Air Products & Chemicals 66.38 Bn 65.43 Bn 987.40 Mn 0.42
5 Ppg Industries 26.02 Bn 24.40 Bn 1.66 Bn 0.35
6 LyondellBasell Industries 22.51 Bn 19.87 Bn 701.00 Mn 0.34
7 Chemical & Mining Co Of Chile 19.70 Bn 15.83 Bn 778.60 Mn 0.30
8 International Flavors & Fragrances 19.51 Bn 18.95 Bn 1.02 Bn 0.23
9 DuPont de Nemours 18.80 Bn 18.71 Bn 602.00 Mn 0.15
10 Rpm International 13.63 Bn 13.32 Bn 950.03 Mn 0.30

Historic Data

Download Data
DateValue
Mar 31, 2026 0.44
Dec 31, 2025 0.37
Sep 30, 2025 0.43
Jun 30, 2025 0.38
Mar 31, 2025 0.41
Dec 31, 2024 0.43
Sep 30, 2024 0.43
Jun 30, 2024 0.38
Mar 31, 2024 0.40
Dec 31, 2023 0.38
Sep 30, 2023 0.42
Jun 30, 2023 0.45
Mar 31, 2023 0.48
Dec 31, 2022 0.47
Sep 30, 2022 0.43
Jun 30, 2022 0.39
Mar 31, 2022 0.48
Dec 31, 2021 0.43
Sep 30, 2021 0.40
Jun 30, 2021 0.41