Sherwin-Williams Co (WBO:SHWW) ROA %: 8.23% (As of Mar. 2026) — 19% Below Median


WBO:SHWW Sherwin-Williams Co WBO:SHWW
83 GF Score
Price €300.20
GF Value €309.54
Valuation Fairly Valued
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What is Sherwin-Williams Co ROA %?

Sherwin-Williams Co WBO:SHWW +0.37% 83 ROA % is 8.23% as of Mar. 2026, which is 19% below its 10-year median of 10.15. GuruFocus rates WBO:SHWW with a GF Score™ of 83/100 and a GF Value™ of €309.54 (Fairly Valued). Among 1,619 Chemicals companies, Sherwin-Williams Co ranks better than 88.7% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sherwin-Williams Co's annualized Net Income for the quarter that ended in Mar. 2026 was €1,850 Mil. Sherwin-Williams Co's average Total Assets over the quarter that ended in Mar. 2026 was €22,469 Mil. Therefore, Sherwin-Williams Co's annualized ROA % for the quarter that ended in Mar. 2026 was 8.23%.

The historical rank and industry rank for Sherwin-Williams Co's ROA % or its related term are showing as below:

WBO:SHWW' s ROA % Range Over the Past 10 Years
Min: 5.68   Med: 10.15   Max: 18.08
Current: 10.12

During the past 13 years, Sherwin-Williams Co's highest ROA % was 18.08%. The lowest was 5.68%. And the median was 10.15%.

WBO:SHWW's ROA % is ranked better than
88.7% of 1619 companies
in the Chemicals industry
Industry Median: 2.9 vs WBO:SHWW: 10.12

Sherwin-Williams Co  (WBO:SHWW) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1850.06/22468.8135
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1850.06 / 19607.472)*(19607.472 / 22468.8135)
=Net Margin %*Asset Turnover
=9.44 %*0.8727
=8.23 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Sherwin-Williams Co ROA % Related Terms


Sherwin-Williams Co ROA % Historical Data

* Premium members only.

The historical data trend for Sherwin-Williams Co's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sherwin-Williams Co ROA % Chart

Sherwin-Williams Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.41 9.63 10.34 11.74 9.82

Sherwin-Williams Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.22 11.69 12.81 7.33 8.23

WBO:SHWW vs ECL, APD, PPG: ROA % Comparison

For the Specialty Chemicals subindustry, Sherwin-Williams Co's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sherwin-Williams Co ROA % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sherwin-Williams Co's ROA % distribution charts can be found below:

* The bar in red indicates where Sherwin-Williams Co's ROA % falls into.


WBO:SHWW
83GF Score
Sherwin-Williams Co WBO:SHWW
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sherwin-Williams Co ROA % Calculation

Sherwin-Williams Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=2193.499/( (22569.133+22120.052)/ 2 )
=2193.499/22344.5925
=9.82 %

Sherwin-Williams Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1850.06/( (22120.052+22817.575)/ 2 )
=1850.06/22468.8135
=8.23 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 8.23% mean?
Sherwin-Williams Co (WBO:SHWW) has a ROA % of 8.23% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Sherwin-Williams Co and its competitors. This is 19% below median its historical median of 10.15. Over the past decade, Sherwin-Williams Co's ROA % has ranged from 5.68 to 18.08. According to the industry distribution chart, Sherwin-Williams Co ranks #183 out of 1619 companies in the Chemicals industry, placing it in the top 11.3%.
Is Sherwin-Williams Co's ROA % too high?
Sherwin-Williams Co's current ROA % of 8.23% is 19% below median its 10-year median of 10.15. Over the past 10 years, this metric has ranged from a low of 5.68 to a high of 18.08. The Chemicals industry median ROA % is 2.90. Sherwin-Williams Co's value of 8.23% is 183.8% above this industry median. Based on the distribution chart, Sherwin-Williams Co ranks #183 out of 1619 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Sherwin-Williams Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sherwin-Williams Co's ROA % compare to ECL and APD?
According to the Chemicals industry distribution chart, Sherwin-Williams Co ranks #183 out of 1619 companies for ROA %. This places Sherwin-Williams Co in the top 11% of its industry — outperforming the majority of peers. The industry median ROA % is 2.90. Sherwin-Williams Co's value of 8.23% is 183.8% above this benchmark. Historically, Sherwin-Williams Co's own ROA % has ranged from 5.68 to 18.08 over the past decade. While the company's 10-year median is 10.15 vs. the industry median of 2.90, Sherwin-Williams Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,619 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sherwin-Williams Co's current ROA % of 8.23% is 183.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Sherwin-Williams Co and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sherwin-Williams Co's current ROA % is 8.23%, which is 19% below median its own 10-year median of 10.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sherwin-Williams Co stock overvalued right now?
Based on GuruFocus' analysis, Sherwin-Williams Co (WBO:SHWW) is currently considered Fairly Valued. The stock's GF Value™ is €309.54, compared to a current price of €300.20 — trading 3% below its estimated fair value. The current ROA % is 8.23%, which is 19% below median its 10-year median of 10.15 and 183.8% above the Chemicals industry median of 2.90. Sherwin-Williams Co's overall GF Score™ is 83/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Sherwin-Williams Co (WBO:SHWW), the current ROA % is 8.23% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sherwin-Williams Co (WBO:SHWW) Overvalued in 2026?

Based on GuruFocus' analysis, Sherwin-Williams Co stock appears to be undervalued. The current stock price of €300.20 is trading 3% below its estimated GF Value™ of €309.54. GuruFocus considers Sherwin-Williams Co to be Fairly Valued.

Key valuation signals for WBO:SHWW:

  • ROA %: 8.23% (19% below median its 10-year median of 10.15)
  • GF Value™: €309.54 vs. price of €300.20 (3% below fair value)
  • GF Score™: 83/100
  • Industry Position: 183.8% above the Chemicals median (#183 of 1619)

No single metric tells the full story. See the WBO:SHWW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sherwin-Williams Co Business Description

Address 1 Sherwin Way, Cleveland, OH, USA, 44113-2206
Sherwin-Williams is the largest global manufacturer of paints and coatings. The company focuses on the development, manufacturing, and distribution of paint, coatings, and related products to customers ranging from professional painters and contractors to industrial manufacturers to do-it-yourself consumers. Sherwin organizes its operations into three primary segments: the paint stores group is the largest segment and includes the company's network of over 4,800 company-owned stores; the consumer brands group sells branded architectural paints through big-box retailers such as Lowe's, and the performance coatings group provides specialized coatings for industrial applications, such as automotive refinishing, packaging, and industrial wood.
83GF Score

Get the complete analysis for WBO:SHWW

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€300.20
Price
€309.54
GF Value