Sherwin Williams (SHW) Return on Capital Employed (2009 - 2026)
Sherwin Williams (SHW) posted quarterly Return on Capital Employed of 23.44% for Q2 2026, up 144.0% year-over-year from 9.61% in Q2 2025, and up 12.8% quarter-over-quarter from 20.78% in Q1 2026.
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 23.44% for Q2 2026.
- In Q2 2026, Return on Capital Employed rose 144.0% year-over-year to 23.44%; the TTM figure through Jun 2026 stood at 23.44% (up 144.0% YoY), while the FY2025 annual figure was 21.41%, down 148.0% from the prior year.
- Return on Capital Employed for Q2 2026 stood at 23.44%, up from 20.78% in the prior quarter.
- The five-year high for Return on Capital Employed was 23.59% in Q2 2024, with the low at 15.75% in Q3 2022.
- The 5-year median for Return on Capital Employed is 21.31% (2026), against an average of 20.7%.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed slumped 846 bps in 2022, then soared 609 bps in 2023.
- Sherwin Williams' Return on Capital Employed stood at 18.19% in 2022, then grew by 24 bps to 22.58% in 2023, then slipped by 2 bps to 22.2% in 2024, then fell by 10 bps to 19.97% in 2025, then gained by 17 bps to 23.44% in 2026.
- Business Quant data shows SHW's Return on Capital Employed at 23.44% in Q2 2026, 20.78% in Q1 2026, and 19.97% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 225.67 Bn | 220.77 Bn | 4.43 Bn | 13.17% |
| 2 | Sherwin Williams | 84.74 Bn | 84.44 Bn | 3.34 Bn | 23.44% |
| 3 | Ecolab | 78.90 Bn | 73.77 Bn | 1.95 Bn | 14.02% |
| 4 | Air Products & Chemicals | 68.19 Bn | 67.21 Bn | 1.04 Bn | -1.63% |
| 5 | Ppg Industries | 25.36 Bn | 23.77 Bn | 1.81 Bn | 13.38% |
| 6 | Chemical & Mining Co Of Chile | 23.48 Bn | 19.61 Bn | 778.60 Mn | 16.08% |
| 7 | LyondellBasell Industries | 21.91 Bn | 19.28 Bn | 2.04 Bn | 3.55% |
| 8 | International Flavors & Fragrances | 21.51 Bn | 20.94 Bn | 853.00 Mn | 3.64% |
| 9 | DuPont de Nemours | 18.83 Bn | 17.09 Bn | 639.00 Mn | 8.49% |
| 10 | Albemarle | 16.94 Bn | 15.31 Bn | 590.30 Mn | 10.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.44% |
| 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 | 23.59% |
| Mar 31, 2024 | 23.53% |
| Dec 31, 2023 | 22.58% |
| Sep 30, 2023 | 21.84% |
| Jun 30, 2023 | 20.32% |
| Mar 31, 2023 | 19.05% |
| Dec 31, 2022 | 18.19% |
| Sep 30, 2022 | 15.75% |
| Jun 30, 2022 | 15.79% |
| Mar 31, 2022 | 17.14% |
| Dec 31, 2021 | 17.76% |
| Sep 30, 2021 | 22.52% |