Sherwin Williams (SHW) Return on Capital Employed (2009 - 2026)
Sherwin Williams' quarterly Return on Capital Employed came in at 20.78% in Q1 2026, down 264.0% year-on-year from 12.67% in Q1 2025, and up 4.07% quarter-over-quarter from 19.97% in Q4 2025.
Sherwin Williams has reported Return on Capital Employed for 18 years, with the latest figure at 20.78% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 264.0% year-over-year to 20.78%; the trailing twelve-month figure through Mar 2026 stood at 20.78% (down 264.0% YoY), and the FY2025 full-year result was 21.41%, down 148.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 20.78%, up from 19.97% in the prior quarter.
- The five-year high for Return on Capital Employed was 67.17% in Q3 2022, with the low at 19.97% in Q4 2025.
- Average Return on Capital Employed over 5 years is 38.06%, with a median of 35.64% recorded in 2022.
- Year-over-year, Return on Capital Employed surged 1628 bps in 2023 and slumped 2972 bps in 2024.
- Tracing SHW's Return on Capital Employed over 5 years: stood at 35.64% in 2022, then soared by 46 bps to 51.92% in 2023, then plunged by 57 bps to 22.2% in 2024, then declined by 10 bps to 19.97% in 2025, then advanced by 4 bps to 20.78% in 2026.
- The last three Return on Capital Employed figures came in at 20.78% (Q1 2026), 19.97% (Q4 2025), and 20.4% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.79 Bn | 226.84 Bn | 4.26 Bn | 12.89% |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | - |
| 3 | Sherwin Williams | 72.51 Bn | 72.30 Bn | 2.78 Bn | 20.78% |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | 14.59% |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 6.05% |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 13.59% |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | -1.10% |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | 6.09% |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 7.03% |
| 10 | International Flavors & Fragrances | 19.02 Bn | 18.49 Bn | 1.02 Bn | 3.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.78% |
| Dec 31, 2025 | 19.97% |
| Sep 30, 2025 | 20.40% |
| Jun 30, 2025 | 22.00% |
| Mar 31, 2025 | 23.42% |
| Dec 31, 2024 | 22.20% |
| Sep 30, 2024 | 22.70% |
| Jun 30, 2024 | 33.32% |
| Mar 31, 2024 | 44.03% |
| Dec 31, 2023 | 51.92% |
| Sep 30, 2023 | 50.98% |
| Jun 30, 2023 | 48.41% |
| Mar 31, 2023 | 37.60% |
| Dec 31, 2022 | 35.64% |
| Sep 30, 2022 | 67.17% |
| Jun 30, 2022 | 61.81% |
| Mar 31, 2022 | 64.61% |
| Dec 31, 2021 | 53.68% |
| Sep 30, 2021 | 57.60% |
| Jun 30, 2021 | 67.85% |
| Mar 31, 2021 | 73.34% |
| Dec 31, 2020 | 73.86% |
| Sep 30, 2020 | 41.40% |
| Jun 30, 2020 | 33.05% |
| Mar 31, 2020 | 34.26% |
| Dec 31, 2019 | 31.38% |
| Sep 30, 2019 | 30.79% |
| Jun 30, 2019 | 32.80% |
| Mar 31, 2019 | 23.39% |
| Dec 31, 2018 | 22.93% |
| Sep 30, 2018 | 2.09% |
| Jun 30, 2018 | 8.40% |
| Mar 31, 2018 | 7.58% |
| Dec 31, 2017 | 5.34% |
| Sep 30, 2017 | 46.85% |
| Jun 30, 2017 | 76.78% |
| Mar 31, 2017 | 213.92% |
| Dec 31, 2016 | 207.00% |
| Sep 30, 2016 | 107.16% |
| Jun 30, 2016 | 97.17% |
| Mar 31, 2016 | 71.56% |
| Dec 31, 2015 | 44.13% |
| Sep 30, 2015 | 63.12% |
| Jun 30, 2015 | 87.85% |
| Mar 31, 2015 | 92.75% |
| Dec 31, 2014 | 90.60% |
| Sep 30, 2014 | -6.43% |
| Jun 30, 2014 | -8.56% |
| Mar 31, 2014 | -9.05% |
| Dec 31, 2013 | -10.51% |
| Sep 30, 2013 | -8.45% |
| Jun 30, 2013 | -9.62% |
| Mar 31, 2013 | -10.68% |
| Dec 31, 2012 | -13.17% |
| Sep 30, 2012 | 50.06% |
| Jun 30, 2012 | 53.05% |
| Mar 31, 2012 | 51.68% |
| Dec 31, 2011 | 24.51% |
| Sep 30, 2011 | 24.22% |
| Jun 30, 2011 | 24.35% |
| Mar 31, 2011 | 26.19% |
| Dec 31, 2010 | 24.20% |
| Sep 30, 2010 | 27.06% |
| Jun 30, 2010 | 27.73% |
| Mar 31, 2010 | 25.74% |
| Dec 31, 2009 | 27.00% |
| Sep 30, 2009 | 36.59% |
| Jun 30, 2009 | 37.91% |