Sherwin Williams (SHW) Return on Equity [ROE] (2009 - 2026)
Sherwin Williams (SHW) reported Return on Equity [ROE] of 68.34% for Q3 2026, up 10.07 percentage points from 58.28% a year earlier and up 3.46 percentage points from the prior quarter.
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Analysis
Sherwin Williams (SHW) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Sherwin Williams posted Return on Equity [ROE] of 59.39%, down 9.66 percentage points from FY2024.
- Return on Equity [ROE] has declined for three consecutive years, though with a five-year change of +6.89 percentage points (FY2020 to FY2025).
- By year, Return on Equity [ROE] came in at 69.05% in FY2024 (-1.03 pp), 70.07% in FY2023 (-2.86 pp), 72.94% in FY2022 (+11.28 pp) and 61.65% in FY2021 (+9.15 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Equity [ROE] since Q2 2024.
- Year over year, Return on Equity [ROE] gained in three of the last eight quarters, with an average year-over-year change of -2.11 percentage points.
- The high point for year-over-year Return on Equity [ROE] in five years was Q4 2021 (a gain of 20.78 percentage points); the low point was Q3 2023 (a drop of 15.09 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 64.89% (Q2 2026), 57.57% (Q1 2026) and 56.93% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 242.21 Bn | 224.35 Bn | 4.44 Bn | 17.61% |
| 2 | Corning | 102.99 Bn | 95.28 Bn | 1.81 Bn | 17.14% |
| 3 | Sherwin Williams | 84.65 Bn | 83.67 Bn | 3.28 Bn | 68.34% |
| 4 | Air Products & Chemicals | 70.13 Bn | 70.13 Bn | - | 3.26% |
| 5 | LyondellBasell Industries | 41.26 Bn | 29.44 Bn | 1.50 Bn | 11.87% |
| 6 | Nutrien | 34.33 Bn | 30.90 Bn | 1.86 Bn | 8.62% |
| 7 | Ppg Industries | 27.04 Bn | 20.10 Bn | 1.76 Bn | 18.47% |
| 8 | Ati | 24.72 Bn | 22.67 Bn | 380.20 Mn | 27.53% |
| 9 | Qnity Electronics | 24.47 Bn | 20.62 Bn | 743.00 Mn | 7.81% |
| 10 | Dow | 23.74 Bn | 7.70 Bn | 1.38 Bn | -3.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 68.34% |
| Jun 30, 2026 | 64.89% |
| Mar 31, 2026 | 57.57% |
| Dec 31, 2025 | 56.93% |
| Sep 30, 2025 | 58.28% |
| Jun 30, 2025 | 59.66% |
| Mar 31, 2025 | 65.52% |
| Dec 31, 2024 | 65.34% |
| Sep 30, 2024 | 64.68% |
| Jun 30, 2024 | 69.27% |
| Mar 31, 2024 | 66.95% |
| Dec 31, 2023 | 63.74% |
| Sep 30, 2023 | 65.28% |
| Jun 30, 2023 | 68.92% |
| Mar 31, 2023 | 67.85% |
| Dec 31, 2022 | 70.88% |
| Sep 30, 2022 | 80.37% |
| Jun 30, 2022 | 78.71% |
| Mar 31, 2022 | 78.16% |
| Dec 31, 2021 | 72.72% |
API Access
Sherwin Williams Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=SHW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=SHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();