Sherwin Williams (SHW) EBT Margin (2009 - 2026)
Sherwin Williams' (SHW) quarterly EBT Margin came in at 12.0% in Q1 2026, down 31.0% year-on-year from 17.39% in Q1 2025, and up 5.05% quarter-over-quarter from 11.42% in Q4 2025.
Sherwin Williams (SHW) EBT Margin (2009 - 2026) Analysis & Trends
Sherwin Williams' EBT Margin history runs 18 years deep, the most recent figure standing at 12.0% for Q1 2026.
- On a quarterly basis, EBT Margin fell 31.0% year-over-year to 12.0% in Q1 2026; TTM through Mar 2026 was 14.06%, a 98.0% decrease from a year earlier, with the FY2025 full-year figure at 14.16%, down 78.0% from the prior year.
- EBT Margin rose to 12.0% in Q1 2026 per SHW's latest filing, from 11.42% in the prior quarter.
- Across five years, EBT Margin topped out at 18.71% in Q2 2024 and bottomed at 9.02% in Q4 2023.
- The 5-year median for EBT Margin is 12.31% (2025), against an average of 13.28%.
- Across the five-year window, EBT Margin surged 362 bps in 2023 and tumbled 310 bps in 2025, its largest moves.
- Year by year, EBT Margin stood at 9.46% in 2022, then slipped by 5 bps to 9.02% in 2023, then gained by 29 bps to 11.62% in 2024, then decreased by 2 bps to 11.42% in 2025, then grew by 5 bps to 12.0% in 2026.
- Per Business Quant, the three latest SHW EBT Margin figures stand at 12.0% (Q1 2026), 11.42% (Q4 2025), and 16.68% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 27.68% |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 12.00% |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | 15.74% |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 27.85% |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 13.16% |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 1.90% |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | 39.02% |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 7.62% |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 10.77% |
| 10 | Rpm International | 13.63 Bn | 13.32 Bn | 950.03 Mn | 4.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.00% |
| Dec 31, 2025 | 11.42% |
| Sep 30, 2025 | 16.68% |
| Jun 30, 2025 | 15.61% |
| Mar 31, 2025 | 12.31% |
| Dec 31, 2024 | 11.62% |
| Sep 30, 2024 | 16.60% |
| Jun 30, 2024 | 18.71% |
| Mar 31, 2024 | 11.92% |
| Dec 31, 2023 | 9.02% |
| Sep 30, 2023 | 16.50% |
| Jun 30, 2023 | 16.22% |
| Mar 31, 2023 | 11.30% |
| Dec 31, 2022 | 9.46% |
| Sep 30, 2022 | 14.51% |
| Jun 30, 2022 | 12.60% |
| Mar 31, 2022 | 9.22% |
| Dec 31, 2021 | 6.49% |
| Sep 30, 2021 | 11.88% |
| Jun 30, 2021 | 15.23% |