Sherwin Williams (SHW) Debt to Equity (2009 - 2026)
Sherwin Williams' quarterly Debt to Equity came in at $2.1 in Q1 2026, down 9.72% year-on-year from $2.33 in Q1 2025, and down 8.04% quarter-over-quarter from $2.29 in Q4 2025.
Sherwin Williams has reported Debt to Equity for 18 years, with the latest figure at $2.1 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 9.72% year-over-year to $2.1; the trailing twelve-month figure through Mar 2026 stood at $2.1 (down 9.72% YoY), and the FY2025 full-year result was $2.29, up 4.87% from the prior year.
- Debt to Equity for Q1 2026 stood at $2.1, down from $2.29 in the prior quarter.
- The five-year high for Debt to Equity was $3.96 in Q1 2022, with the low at $2.04 in Q2 2025.
- Average Debt to Equity over 5 years is $2.7, with a median of $2.36 recorded in 2023.
- Year-over-year, Debt to Equity jumped 40.53% in 2022 and plunged 36.66% in 2023.
- Tracing SHW's Debt to Equity over 5 years: stood at $3.09 in 2022, then decreased by 23.82% to $2.36 in 2023, then retreated by 7.37% to $2.18 in 2024, then gained by 4.87% to $2.29 in 2025, then fell by 8.04% to $2.1 in 2026.
- The last three Debt to Equity figures came in at $2.1 (Q1 2026), $2.29 (Q4 2025), and $2.18 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.79 Bn | 226.84 Bn | 4.26 Bn | 0.62 |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | 0.58 |
| 3 | Sherwin Williams | 72.51 Bn | 72.30 Bn | 2.78 Bn | 2.10 |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | 0.84 |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 1.11 |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 0.87 |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | 1.26 |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | 0.19 |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 0.22 |
| 10 | International Flavors & Fragrances | 19.02 Bn | 18.49 Bn | 1.02 Bn | 0.41 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.10 |
| Dec 31, 2025 | 2.29 |
| Sep 30, 2025 | 2.18 |
| Jun 30, 2025 | 2.04 |
| Mar 31, 2025 | 2.33 |
| Dec 31, 2024 | 2.18 |
| Sep 30, 2024 | 2.22 |
| Jun 30, 2024 | 2.39 |
| Mar 31, 2024 | 2.68 |
| Dec 31, 2023 | 2.36 |
| Sep 30, 2023 | 2.34 |
| Jun 30, 2023 | 2.64 |
| Mar 31, 2023 | 3.50 |
| Dec 31, 2022 | 3.09 |
| Sep 30, 2022 | 3.69 |
| Jun 30, 2022 | 3.86 |
| Mar 31, 2022 | 3.96 |
| Dec 31, 2021 | 3.63 |
| Sep 30, 2021 | 3.07 |
| Jun 30, 2021 | 2.92 |
| Mar 31, 2021 | 2.82 |
| Dec 31, 2020 | 2.30 |
| Sep 30, 2020 | 1.96 |
| Jun 30, 2020 | 2.29 |
| Mar 31, 2020 | 2.65 |
| Dec 31, 2019 | 2.06 |
| Sep 30, 2019 | 2.11 |
| Jun 30, 2019 | 2.14 |
| Mar 31, 2019 | 2.75 |
| Dec 31, 2018 | 2.42 |
| Sep 30, 2018 | 2.38 |
| Jun 30, 2018 | 2.63 |
| Mar 31, 2018 | 2.97 |
| Dec 31, 2017 | 2.71 |
| Sep 30, 2017 | 3.74 |
| Jun 30, 2017 | 4.79 |
| Mar 31, 2017 | 0.93 |
| Dec 31, 2016 | 0.67 |
| Sep 30, 2016 | 1.20 |
| Jun 30, 2016 | 1.53 |
| Mar 31, 2016 | 2.04 |
| Dec 31, 2015 | 2.24 |
| Sep 30, 2015 | 1.96 |
| Jun 30, 2015 | 3.01 |
| Mar 31, 2015 | 5.37 |
| Dec 31, 2014 | 1.80 |
| Sep 30, 2014 | 1.20 |
| Jun 30, 2014 | 0.78 |
| Mar 31, 2014 | 0.73 |
| Dec 31, 2013 | 0.92 |
| Sep 30, 2013 | 0.87 |
| Jun 30, 2013 | 0.90 |
| Mar 31, 2013 | 0.90 |
| Dec 31, 2012 | 0.91 |
| Sep 30, 2012 | 0.54 |
| Jun 30, 2012 | 0.42 |
| Mar 31, 2012 | 0.43 |
| Dec 31, 2011 | 0.43 |
| Sep 30, 2011 | 0.71 |
| Jun 30, 2011 | 0.37 |
| Mar 31, 2011 | 0.83 |
| Dec 31, 2010 | 0.64 |
| Sep 30, 2010 | 0.65 |
| Jun 30, 2010 | 0.46 |
| Mar 31, 2010 | 0.69 |
| Dec 31, 2009 | 0.54 |
| Sep 30, 2009 | 0.18 |
| Jun 30, 2009 | 0.46 |