Sherwin Williams (SHW) EV to CFO (2009 - 2026)
Sherwin Williams' (SHW) EV to CFO stood at 21.13 in Q3 2026, down 18.7% from 25.99 a year earlier and down 1.4% from the prior quarter.
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Analysis
Sherwin Williams (SHW) EV to CFO (2009 - 2026) Analysis & Trends
On a TTM basis, Sherwin Williams' EV to CFO came in at 20.93 as of Sep 30, 2026, down 18.8% year-over-year; for FY2025, it was 23.19, down 14.2% from FY2024.
- Across earlier years, EV to CFO came in at 27.02 in FY2024 (+20.3%), 22.46 in FY2023 (-29.6%), 31.90 in FY2022 (-22.0%) and 40.89 in FY2021 (+112.5%).
- The Q3 2026 figure is the lowest quarterly EV to CFO since Q3 2023.
- On a year-over-year basis, EV to CFO has declined for five consecutive quarters, with an average decline of 5.1% over the last eight quarters.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 112.5% in Q4 2021, against a decline of 44.4% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.43 (Q2 2026), 21.59 (Q1 2026) and 23.19 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 238.84 Bn | 220.98 Bn | 4.44 Bn |
| 2 | Corning | 98.69 Bn | 90.37 Bn | 1.81 Bn |
| 3 | Sherwin Williams | 85.12 Bn | 84.13 Bn | 3.28 Bn |
| 4 | Air Products & Chemicals | 69.02 Bn | 64.21 Bn | 1.04 Bn |
| 5 | LyondellBasell Industries | 38.36 Bn | 26.43 Bn | 1.50 Bn |
| 6 | Nutrien | 34.35 Bn | 30.38 Bn | - |
| 7 | Ppg Industries | 27.44 Bn | 20.36 Bn | 1.76 Bn |
| 8 | Qnity Electronics | 26.06 Bn | 22.20 Bn | 743.00 Mn |
| 9 | Ati | 25.56 Bn | 23.51 Bn | 380.20 Mn |
| 10 | Dow | 22.14 Bn | 6.10 Bn | 1.38 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.13 |
| Jun 30, 2026 | 21.43 |
| Mar 31, 2026 | 21.59 |
| Dec 31, 2025 | 23.19 |
| Sep 30, 2025 | 25.99 |
| Jun 30, 2025 | 27.88 |
| Mar 31, 2025 | 27.71 |
| Dec 31, 2024 | 27.02 |
| Sep 30, 2024 | 30.57 |
| Jun 30, 2024 | 22.27 |
| Mar 31, 2024 | 26.04 |
| Dec 31, 2023 | 22.46 |
| Sep 30, 2023 | 19.97 |
| Jun 30, 2023 | 26.43 |
| Mar 31, 2023 | 29.17 |
| Dec 31, 2022 | 31.90 |
| Sep 30, 2022 | 35.93 |
| Jun 30, 2022 | 34.30 |
| Mar 31, 2022 | 31.09 |
| Dec 31, 2021 | 40.89 |
API Access
Sherwin Williams EV to CFO 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=ev-to-cfo&ticker=SHW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=SHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();