Is the business good?
How good a business is SHW?
Sherwin-Williams keeps 11% of every revenue dollar as profit after everything, against 5.2% for the median Specialty Chemicals name.
11%
Net margin · Specialty Chemicals median 5.2% · 12 months to Q2 2026
- Cash conversion
- 1.20×
Cash conversion · 0.85× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −2.1%
Share count, year on year · bought back, each share owns more of the company
- Gross margin
- 49%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | 18% |
| FY2021 | 15% |
| FY2022 | 15% |
| FY2023 | 18% |
Details›
- Gross margin12 months to Q2 2026
- 49%
- Net margin12 months to Q2 2026
- 11%
- Free cash flow margin
- 13%
- Revenue, trailing twelve months
- $24.4B
- Free cash flow, trailing twelve months
- $3.21B
- Net income, trailing twelve months
- $2.69B
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Specialty Chemicals
Ranks #11 of 36 by Smart Score