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
DateValue
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%