Sherwin Williams (SHW) FCF Margin (2009 - 2026)
Sherwin Williams' FCF Margin was 18.25% in Q2 2026, up 3.51 percentage points from 14.75% a year earlier and up 18.24 percentage points from the prior quarter.
Sherwin Williams (SHW) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sherwin Williams' FCF Margin was 13.16% through Jun 30, 2026, up 3.83 percentage points year-over-year; for FY2025, it came in at 11.26%, up 2.24 percentage points from FY2024.
- FCF Margin shows a five-year change of -5.65 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 9.02% in FY2024 (-2.41 pp), 11.42% in FY2023 (+5.67 pp), 5.76% in FY2022 (-3.63 pp) and 9.39% in FY2021 (-7.52 pp).
- The Q2 2026 figure marks the highest quarterly FCF Margin since Q3 2023.
- Compared with a year earlier, FCF Margin has increased for four straight quarters, with an average year-over-year change of +1.51 percentage points over the last eight quarters.
- The best year-over-year quarter for FCF Margin over five years was Q3 2023 (a gain of 11.22 percentage points); the worst was Q4 2021 (a drop of 14.90 percentage points).
- Per Business Quant data, SHW's FCF Margin in the three quarters before Q2 2026 was 0.01% (Q1 2026), 15.41% (Q4 2025) and 17.48% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.21 Bn | 201.33 Bn | 4.43 Bn | 8.97% |
| 2 | Corning | 136.71 Bn | 129.84 Bn | 1.63 Bn | 28.75% |
| 3 | Sherwin Williams | 80.23 Bn | 79.27 Bn | 3.34 Bn | 18.25% |
| 4 | Air Products & Chemicals | 62.17 Bn | 60.07 Bn | 1.04 Bn | 9.79% |
| 5 | Corteva | 51.95 Bn | 40.75 Bn | 3.66 Bn | -9.22% |
| 6 | LyondellBasell Industries | 37.59 Bn | 27.21 Bn | 2.04 Bn | 5.25% |
| 7 | Nutrien | 34.30 Bn | 31.17 Bn | 3.25 Bn | 27.52% |
| 8 | Qnity Electronics | 26.28 Bn | 23.71 Bn | 666.00 Mn | 10.57% |
| 9 | Ati | 25.72 Bn | 23.87 Bn | 309.80 Mn | 5.01% |
| 10 | Ppg Industries | 23.55 Bn | 16.36 Bn | 1.81 Bn | 9.97% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.25% |
| Mar 31, 2026 | 0.01% |
| Dec 31, 2025 | 15.41% |
| Sep 30, 2025 | 17.48% |
| Jun 30, 2025 | 14.75% |
| Mar 31, 2025 | -4.72% |
| Dec 31, 2024 | 11.98% |
| Sep 30, 2024 | 13.62% |
| Jun 30, 2024 | 15.18% |
| Mar 31, 2024 | -6.38% |
| Dec 31, 2023 | 11.41% |
| Sep 30, 2023 | 18.90% |
| Jun 30, 2023 | 16.03% |
| Mar 31, 2023 | -2.24% |
| Dec 31, 2022 | 7.79% |
| Sep 30, 2022 | 7.68% |
| Jun 30, 2022 | 8.24% |
| Mar 31, 2022 | -1.60% |
| Dec 31, 2021 | 1.47% |
| Sep 30, 2021 | 14.62% |
Sherwin Williams FCF 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=fcf-margin&ticker=SHW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=SHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();