Sherwin Williams (SHW) Return on Equity [ROE] (2009 - 2026)
Sherwin Williams (SHW) reported Return on Equity [ROE] of 64.89% for Q2 2026, up 5.22 percentage points from 59.66% a year earlier and up 7.31 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 Q2 2026 figure ranks as the highest quarterly Return on Equity [ROE] since Q1 2025.
- Year over year, Return on Equity [ROE] gained in two of the last eight quarters, with an average year-over-year change of -3.45 percentage points.
- The high point for year-over-year Return on Equity [ROE] in five years was Q3 2021 (a gain of 24.79 percentage points); the low point was Q3 2023 (a drop of 15.09 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 57.57% (Q1 2026), 56.93% (Q4 2025) and 58.28% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 235.27 Bn | 218.38 Bn | 4.43 Bn | 18.28% |
| 2 | Corning | 106.79 Bn | 99.92 Bn | 1.63 Bn | 16.28% |
| 3 | Sherwin Williams | 83.92 Bn | 82.96 Bn | 3.34 Bn | 64.89% |
| 4 | Air Products & Chemicals | 68.64 Bn | 66.53 Bn | 1.04 Bn | 0.02% |
| 5 | LyondellBasell Industries | 42.22 Bn | 31.84 Bn | 2.04 Bn | -3.34% |
| 6 | Nutrien | 33.30 Bn | 30.16 Bn | 3.25 Bn | 9.43% |
| 7 | Ppg Industries | 25.14 Bn | 17.94 Bn | 1.81 Bn | 18.77% |
| 8 | International Flavors & Fragrances | 23.95 Bn | 21.65 Bn | 853.00 Mn | 2.08% |
| 9 | Dow | 22.98 Bn | 7.98 Bn | 2.17 Bn | -5.84% |
| 10 | Qnity Electronics | 22.74 Bn | 20.16 Bn | 666.00 Mn | 8.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 71.14% |
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();