Sherwin Williams (SHW) EBT Margin (2009 - 2026)
Sherwin Williams (SHW) reported EBT Margin of 15.50% for Q3 2026, down 1.18 percentage points from 16.68% a year earlier and down 0.88 percentage points from the prior quarter.
Sherwin Williams (SHW) EBT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Sherwin Williams' EBT Margin came in at 14.03%, down 0.21 percentage points year-over-year; for FY2025, it came in at 14.16%, down 0.78 percentage points from FY2024.
- EBT Margin has a five-year change of +0.44 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 14.94% in FY2024 (+1.45 pp), 13.49% in FY2023 (+1.87 pp), 11.62% in FY2022 (+0.34 pp) and 11.27% in FY2021 (-2.45 pp).
- Five-year quarterly EBT Margin spans a low of 6.49% in Q4 2021 and a high of 18.71% in Q2 2024.
- Year over year, EBT Margin gained in four of the last eight quarters, with an average year-over-year change of -0.12 percentage points.
- The high point for year-over-year EBT Margin in five years was Q2 2023 (a gain of 3.62 percentage points); the low point was Q4 2021 (a drop of 4.74 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 16.39% (Q2 2026), 12.00% (Q1 2026) and 11.42% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 22.63% |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 19.94% |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 15.50% |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | - |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 11.33% |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | 10.90% |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 14.50% |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 15.87% |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | 17.19% |
| 10 | Dow | 22.79 Bn | 8.23 Bn | 1.38 Bn | 5.70% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.50% |
| Jun 30, 2026 | 16.39% |
| 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% |
Sherwin Williams EBT 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=ebt-margin&ticker=SHW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=SHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();