Sherwin Williams (SHW) EBIT Margin (2009 - 2026)
Sherwin Williams (SHW) recorded EBIT Margin of 18.18% in Q2 2026, up 0.65 percentage points from 17.53% a year earlier and up 3.87 percentage points from the prior quarter.
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Analysis
Sherwin Williams (SHW) EBIT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Sherwin Williams' EBIT Margin came in at 16.36% as of Jun 30, 2026, up 0.35 percentage points year-over-year; for FY2025, it was 16.21%, down 0.13 percentage points from FY2024.
- Annual EBIT Margin has a five-year change of -1.25 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 16.33% in FY2024 (+0.32 pp), 16.02% in FY2023 (+2.50 pp), 13.52% in FY2022 (+0.17 pp) and 13.34% in FY2021 (-4.11 pp).
- Quarterly EBIT Margin has ranged from 2.74% in Q4 2021 to 19.42% in Q2 2024 over the past five years.
- On a year-over-year basis, EBIT Margin rose in four of the last eight quarters, with an average year-over-year change of -0.05 percentage points.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 8.64 percentage points in Q4 2022, against a drop of 11.89 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 14.31% (Q1 2026), 13.86% (Q4 2025) and 18.44% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.21 Bn | 201.33 Bn | 4.43 Bn | 27.49% |
| 2 | Corning | 136.71 Bn | 129.84 Bn | 1.63 Bn | 15.49% |
| 3 | Sherwin Williams | 80.23 Bn | 79.27 Bn | 3.34 Bn | 18.18% |
| 4 | Air Products & Chemicals | 62.17 Bn | 60.07 Bn | 1.04 Bn | -66.34% |
| 5 | Corteva | 51.95 Bn | 40.75 Bn | 3.66 Bn | 32.29% |
| 6 | LyondellBasell Industries | 37.59 Bn | 27.21 Bn | 2.04 Bn | 16.81% |
| 7 | Nutrien | 34.30 Bn | 31.17 Bn | 3.25 Bn | 28.51% |
| 8 | Qnity Electronics | 26.28 Bn | 23.71 Bn | 666.00 Mn | 25.75% |
| 9 | Ati | 25.72 Bn | 23.87 Bn | 309.80 Mn | 17.45% |
| 10 | Ppg Industries | 23.55 Bn | 16.36 Bn | 1.81 Bn | 14.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.18% |
| Mar 31, 2026 | 14.31% |
| Dec 31, 2025 | 13.86% |
| Sep 30, 2025 | 18.44% |
| Jun 30, 2025 | 17.53% |
| Mar 31, 2025 | 14.42% |
| Dec 31, 2024 | 13.03% |
| Sep 30, 2024 | 18.40% |
| Jun 30, 2024 | 19.42% |
| Mar 31, 2024 | 13.62% |
| Dec 31, 2023 | 13.19% |
| Sep 30, 2023 | 18.96% |
| Jun 30, 2023 | 17.82% |
| Mar 31, 2023 | 13.37% |
| Dec 31, 2022 | 11.38% |
| Sep 30, 2022 | 16.20% |
| Jun 30, 2022 | 14.50% |
| Mar 31, 2022 | 11.35% |
| Dec 31, 2021 | 2.74% |
| Sep 30, 2021 | 14.97% |
API Access
Sherwin Williams EBIT Margin 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=ebit-margin&ticker=SHW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=SHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();