Sherwin Williams (SHW) Return on Capital Employed (2009 - 2026)
Sherwin Williams (SHW) recorded quarterly Return on Capital Employed of 20.78% in Q1 2026, up 4.07% quarter-over-quarter from 19.97% in Q4 2025, and down 264.0% on a YoY basis from 12.67% in Q1 2025.
Sherwin Williams (SHW) Return on Capital Employed (2009 - 2026) Analysis & Trends
Sherwin Williams' Return on Capital Employed history runs 18 years deep, the most recent figure standing at 20.78% for Q1 2026.
- In Q1 2026, Return on Capital Employed fell 264.0% year-over-year to 20.78%; the TTM figure through Mar 2026 stood at 20.78% (down 264.0% YoY), while the FY2025 annual figure was 21.41%, down 148.0% from the prior year.
- Return on Capital Employed was 20.78% for Q1 2026 at Sherwin Williams, up from 19.97% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 67.17% in Q3 2022 to a low of 19.97% in Q4 2025.
- Historically, Return on Capital Employed has averaged 38.06% across 5 years, with a median of 35.64% in 2022.
- The sharpest annual moves came in 2023 and 2024: Return on Capital Employed soared 1628 bps in 2023, then slumped 2972 bps in 2024.
- A 5-year view of Return on Capital Employed shows it stood at 35.64% in 2022, then surged by 46 bps to 51.92% in 2023, then sank by 57 bps to 22.2% in 2024, then dropped by 10 bps to 19.97% in 2025, then gained 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 | 237.64 Bn | 233.69 Bn | 4.26 Bn | 12.89% |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | 16.08% |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 20.78% |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 14.59% |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 6.05% |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 13.59% |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 3.66% |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 7.03% |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | -1.10% |
| 10 | Albemarle | 18.85 Bn | 18.02 Bn | 500.97 Mn | 6.09% |
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% |