Sherwin Williams (SHW) FCF Margin (2009 - 2026)
Sherwin Williams' FCF Margin was 14.22% in Q3 2026, down 3.25 percentage points from 17.48% a year earlier and down 4.03 percentage points from the prior quarter.
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Analysis
Sherwin Williams (SHW) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sherwin Williams' FCF Margin was 12.35% through Sep 30, 2026, up 1.93 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).
- Quarterly FCF Margin has moved between -6.38% (Q1 2024) and 18.90% (Q3 2023) over five years.
- Compared with a year earlier, FCF Margin was higher in six of the last eight quarters, with an average year-over-year change of +1.76 percentage points.
- 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 Q3 2026 was 18.25% (Q2 2026), 0.01% (Q1 2026) and 15.41% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 238.84 Bn | 220.98 Bn | 4.44 Bn | 18.90% |
| 2 | Corning | 98.69 Bn | 90.37 Bn | 1.81 Bn | 10.63% |
| 3 | Sherwin Williams | 85.12 Bn | 84.13 Bn | 3.28 Bn | 14.22% |
| 4 | Air Products & Chemicals | 69.02 Bn | 64.21 Bn | 1.04 Bn | 9.79% |
| 5 | LyondellBasell Industries | 38.36 Bn | 26.43 Bn | 1.50 Bn | 16.63% |
| 6 | Nutrien | 34.35 Bn | 30.38 Bn | - | - |
| 7 | Ppg Industries | 27.44 Bn | 20.36 Bn | 1.76 Bn | 9.44% |
| 8 | Qnity Electronics | 26.06 Bn | 22.20 Bn | 743.00 Mn | 12.40% |
| 9 | Ati | 25.56 Bn | 23.51 Bn | 380.20 Mn | 4.34% |
| 10 | Dow | 22.14 Bn | 6.10 Bn | 1.38 Bn | 10.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.22% |
| 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% |
API Access
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_KEYimport 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();