Sherwin Williams (SHW) EV to FCF (2009 - 2026)
Sherwin Williams' (SHW) EV to FCF stood at 25.29 in Q3 2026, down 28.3% from 35.28 a year earlier and down 2.5% from the prior quarter.
Sherwin Williams (SHW) EV to FCF (2009 - 2026) Analysis & Trends
On a TTM basis, Sherwin Williams' EV to FCF came in at 25.06 as of Sep 30, 2026, down 28.4% year-over-year; for FY2025, it was 30.16, down 26.3% from FY2024.
- Across earlier years, EV to FCF came in at 40.91 in FY2024 (+36.2%), 30.04 in FY2023 (-37.5%), 48.02 in FY2022 (-2.0%) and 49.01 in FY2021 (+132.0%).
- The Q3 2026 figure is the lowest quarterly EV to FCF since Q2 2021.
- On a year-over-year basis, EV to FCF has declined for five consecutive quarters, with an average decline of 9.4% over the last eight quarters.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 132.0% in Q4 2021, against a decline of 53.0% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 25.93 (Q2 2026), 27.13 (Q1 2026) and 30.16 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn |
| 10 | Dow | 22.79 Bn | 8.23 Bn | 1.38 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.29 |
| Jun 30, 2026 | 25.93 |
| Mar 31, 2026 | 27.13 |
| Dec 31, 2025 | 30.16 |
| Sep 30, 2025 | 35.28 |
| Jun 30, 2025 | 39.60 |
| Mar 31, 2025 | 40.13 |
| Dec 31, 2024 | 40.91 |
| Sep 30, 2024 | 46.83 |
| Jun 30, 2024 | 31.76 |
| Mar 31, 2024 | 36.42 |
| Dec 31, 2023 | 30.04 |
| Sep 30, 2023 | 26.54 |
| Jun 30, 2023 | 38.89 |
| Mar 31, 2023 | 46.86 |
| Dec 31, 2022 | 48.02 |
| Sep 30, 2022 | 56.41 |
| Jun 30, 2022 | 47.06 |
| Mar 31, 2022 | 38.84 |
| Dec 31, 2021 | 49.01 |
Sherwin Williams EV to FCF 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-fcf&ticker=SHW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=SHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();