Sherwin Williams (SHW) EV to EBITDA (2009 - 2026)
Sherwin Williams' EV to EBITDA came in at 16.30 for Q3 2026, down 16.5% from 19.51 a year earlier and down 7.7% from the prior quarter.
Sherwin Williams (SHW) EV to EBITDA (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Sherwin Williams reported EV to EBITDA of 16.15, down 16.6% year-over-year; for FY2025, it came in at 17.80, down 8.2% from FY2024.
- Going back by year, EV to EBITDA was 19.38 in FY2024 (+5.7%), 18.33 in FY2023 (+7.2%), 17.10 in FY2022 (-39.7%) and 28.33 in FY2021 (+63.8%).
- The Q3 2026 figure represents the lowest quarterly EV to EBITDA since Q3 2023.
- Year-over-year, EV to EBITDA has declined for five consecutive quarters, with an average decline of 4.9% over the last eight quarters.
- The fastest year-over-year change in EV to EBITDA over five years came in Q4 2021 (growth of 63.8%), and the weakest in Q4 2022 (a decline of 39.7%).
- Business Quant data shows SHW's EV to EBITDA at 17.65 (Q2 2026), 17.25 (Q1 2026) and 17.80 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 239.83 Bn | 221.97 Bn | 4.44 Bn |
| 2 | Corning | 99.72 Bn | 91.40 Bn | 1.81 Bn |
| 3 | Sherwin Williams | 86.17 Bn | 85.18 Bn | 3.28 Bn |
| 4 | Air Products & Chemicals | 69.05 Bn | 64.24 Bn | 1.04 Bn |
| 5 | LyondellBasell Industries | 38.34 Bn | 26.40 Bn | 1.50 Bn |
| 6 | Nutrien | 35.09 Bn | 31.62 Bn | 1.86 Bn |
| 7 | Ppg Industries | 27.86 Bn | 20.78 Bn | 1.76 Bn |
| 8 | Qnity Electronics | 26.20 Bn | 22.35 Bn | 743.00 Mn |
| 9 | Ati | 25.21 Bn | 23.17 Bn | 380.20 Mn |
| 10 | Dow | 22.43 Bn | 6.39 Bn | 1.38 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.30 |
| Jun 30, 2026 | 17.65 |
| Mar 31, 2026 | 17.25 |
| Dec 31, 2025 | 17.80 |
| Sep 30, 2025 | 19.51 |
| Jun 30, 2025 | 19.67 |
| Mar 31, 2025 | 19.67 |
| Dec 31, 2024 | 19.38 |
| Sep 30, 2024 | 21.84 |
| Jun 30, 2024 | 17.00 |
| Mar 31, 2024 | 20.34 |
| Dec 31, 2023 | 18.31 |
| Sep 30, 2023 | 15.36 |
| Jun 30, 2023 | 16.88 |
| Mar 31, 2023 | 15.40 |
| Dec 31, 2022 | 17.10 |
| Sep 30, 2022 | 17.03 |
| Jun 30, 2022 | 19.96 |
| Mar 31, 2022 | 21.37 |
| Dec 31, 2021 | 28.33 |
Sherwin Williams EV to EBITDA 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-ebitda&ticker=SHW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=SHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();