Sherwin-Williams Co (WBO:SHWW) ROE %: 47.68% (As of Mar. 2026) — 23% Below Median


WBO:SHWW Sherwin-Williams Co WBO:SHWW
83 GF Score
Price €300.20
GF Value €312.95
Valuation Fairly Valued
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What is Sherwin-Williams Co ROE %?

Sherwin-Williams Co WBO:SHWW +0.37% 83 ROE % is 47.68% as of Mar. 2026, which is 23% below its 10-year median of 62.09. GuruFocus rates WBO:SHWW with a GF Score™ of 83/100 and a GF Value™ of €312.95 (Fairly Valued). Among 1,591 Chemicals companies, Sherwin-Williams Co ranks better than 99.06% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity 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 Stockholders Equity over the quarter that ended in Mar. 2026 was €3,880 Mil. Therefore, Sherwin-Williams Co's annualized ROE % for the quarter that ended in Mar. 2026 was 47.68%.

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

WBO:SHWW' s ROE % Range Over the Past 10 Years
Min: 30.05   Med: 62.09   Max: 82.49
Current: 59.11

During the past 13 years, Sherwin-Williams Co's highest ROE % was 82.49%. The lowest was 30.05%. And the median was 62.09%.

WBO:SHWW's ROE % is ranked better than
99.06% of 1591 companies
in the Chemicals industry
Industry Median: 5.19 vs WBO:SHWW: 59.11

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

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1850.06/3879.9245
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1850.06 / 19607.472)*(19607.472 / 22468.8135)*(22468.8135 / 3879.9245)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.44 %*0.8727*5.791
=ROA %*Equity Multiplier
=8.24 %*5.791
=47.68 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1850.06/3879.9245
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1850.06 / 2352.108) * (2352.108 / 2777.34) * (2777.34 / 19607.472) * (19607.472 / 22468.8135) * (22468.8135 / 3879.9245)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7866 * 0.8469 * 14.16 % * 0.8727 * 5.791
=47.68 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Sherwin-Williams Co ROE % Related Terms


Sherwin-Williams Co ROE % Historical Data

* Premium members only.

The historical data trend for Sherwin-Williams Co's ROE % 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 ROE % Chart

Sherwin-Williams Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.39 75.00 69.15 70.39 56.27

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
ROE % 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 48.49 68.55 74.85 42.32 47.68

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

For the Specialty Chemicals subindustry, Sherwin-Williams Co's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Chemicals Industry

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

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


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

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

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=2193.499/( (3868.896+3926.948)/ 2 )
=2193.499/3897.922
=56.27 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1850.06/( (3926.948+3832.901)/ 2 )
=1850.06/3879.9245
=47.68 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 47.68% mean?
Sherwin-Williams Co (WBO:SHWW) has a ROE % of 47.68% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Sherwin-Williams Co and its competitors. This is 23% below median its historical median of 62.09. Over the past decade, Sherwin-Williams Co's ROE % has ranged from 30.05 to 82.49. According to the industry distribution chart, Sherwin-Williams Co ranks #15 out of 1591 companies in the Chemicals industry, placing it in the top 0.90000000000001%.
Is Sherwin-Williams Co's ROE % too high?
Sherwin-Williams Co's current ROE % of 47.68% is 23% below median its 10-year median of 62.09. Over the past 10 years, this metric has ranged from a low of 30.05 to a high of 82.49. The Chemicals industry median ROE % is 5.19. Sherwin-Williams Co's value of 47.68% is 818.7% above this industry median. Based on the distribution chart, Sherwin-Williams Co ranks #15 out of 1591 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 ROE % compare to ECL and APD?
According to the Chemicals industry distribution chart, Sherwin-Williams Co ranks #15 out of 1591 companies for ROE %. This places Sherwin-Williams Co in the top 1% of its industry — outperforming the majority of peers. The industry median ROE % is 5.19. Sherwin-Williams Co's value of 47.68% is 818.7% above this benchmark. Historically, Sherwin-Williams Co's own ROE % has ranged from 30.05 to 82.49 over the past decade. While the company's 10-year median is 62.09 vs. the industry median of 5.19, 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 ROE % for a Chemicals company?
The median ROE % among Chemicals companies is 5.19, based on 1,591 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sherwin-Williams Co's current ROE % of 47.68% is 818.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Sherwin-Williams Co and its competitors. For the Chemicals industry, the median ROE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sherwin-Williams Co's current ROE % is 47.68%, which is 23% below median its own 10-year median of 62.09. 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 €312.95, compared to a current price of €300.20 — trading 4.1% below its estimated fair value. The current ROE % is 47.68%, which is 23% below median its 10-year median of 62.09 and 818.7% above the Chemicals industry median of 5.19. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Sherwin-Williams Co (WBO:SHWW), the current ROE % is 47.68% 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 4.1% below its estimated GF Value™ of €312.95. GuruFocus considers Sherwin-Williams Co to be Fairly Valued.

Key valuation signals for WBO:SHWW:

  • ROE %: 47.68% (23% below median its 10-year median of 62.09)
  • GF Value™: €312.95 vs. price of €300.20 (4.1% below fair value)
  • GF Score™: 83/100
  • Industry Position: 818.7% above the Chemicals median (#15 of 1591)

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

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

€300.20
Price
€312.95
GF Value