Sherwin-Williams Company (SHW) Ratios
Sherwin-Williams Company Ratios
MX:SHW's free cash flow for Q3 2026 was $975.80M. For the 2026 fiscal year, MX:SHW's free cash flow was decreased by $-128.70M and operating cash flow was $1.10B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.87 | 0.79 | 0.83 | 0.99 | 0.88 |
| Quick Ratio | 0.53 | 0.46 | 0.48 | 0.55 | 0.55 |
| Cash Ratio | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 |
| Solvency Ratio | 0.15 | 0.17 | 0.16 | 0.13 | 0.13 |
| Operating Cash Flow Ratio | 0.50 | 0.46 | 0.53 | 0.32 | 0.39 |
| Short-Term Operating Cash Flow Coverage | 2.23 | 1.84 | 2.39 | 1.96 | 2.19 |
| Net Current Asset Value | $ -15.30B | $ -14.18B | $ -13.73B | $ -13.58B | $ -13.18B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.50 | 0.50 | 0.51 | 0.55 | 0.56 |
| Debt-to-Equity Ratio | 2.81 | 2.94 | 3.18 | 4.03 | 4.72 |
| Debt-to-Capital Ratio | 0.74 | 0.75 | 0.76 | 0.80 | 0.83 |
| Long-Term Debt-to-Capital Ratio | 0.67 | 0.67 | 0.69 | 0.76 | 0.78 |
| Financial Leverage Ratio | 5.63 | 5.83 | 6.18 | 7.28 | 8.48 |
| Debt Service Coverage Ratio | 1.84 | 1.74 | 1.80 | 2.17 | 2.02 |
| Interest Coverage Ratio | 8.11 | 8.72 | 8.34 | 7.45 | 7.72 |
| Debt to Market Cap | 0.14 | 0.11 | 0.12 | 0.17 | 0.10 |
| Interest Debt Per Share | 54.43 | 48.58 | 47.93 | 50.04 | 45.11 |
| Net Debt to EBITDA | 2.84 | 2.61 | 2.78 | 3.47 | 3.59 |
| Profitability Margins | |||||
| Gross Profit Margin | 48.94% | 48.47% | 46.67% | 42.10% | 42.83% |
| EBIT Margin | 16.15% | 16.74% | 15.30% | 13.38% | 12.95% |
| EBITDA Margin | 19.02% | 19.44% | 18.00% | 16.01% | 15.82% |
| Operating Profit Margin | 16.14% | 16.29% | 15.64% | 13.55% | 13.36% |
| Pretax Profit Margin | 14.16% | 14.94% | 13.49% | 11.62% | 11.27% |
| Net Profit Margin | 10.90% | 11.61% | 10.36% | 9.12% | 9.35% |
| Continuous Operations Profit Margin | 10.90% | 11.61% | 10.36% | 9.12% | 9.35% |
| Net Income Per EBT | 76.94% | 77.68% | 76.81% | 78.51% | 82.91% |
| EBT Per EBIT | 87.74% | 91.76% | 86.23% | 85.75% | 84.38% |
| Return on Assets (ROA) | 9.92% | 11.35% | 10.41% | 8.94% | 9.02% |
| Return on Equity (ROE) | 55.86% | 66.19% | 64.29% | 65.12% | 76.50% |
| Return on Capital Employed (ROCE) | 20.04% | 22.36% | 22.09% | 18.04% | 17.83% |
| Return on Invested Capital (ROIC) | 13.93% | 15.38% | 15.18% | 13.06% | 13.49% |
| Return on Tangible Assets | 18.48% | 21.42% | 20.87% | 18.35% | 19.56% |
| Earnings Yield | 3.22% | 3.10% | 3.00% | 3.30% | 2.02% |
| Efficiency Ratios | |||||
| Receivables Turnover | 8.45 | 9.67 | 9.34 | 8.64 | 8.48 |
| Payables Turnover | 5.11 | 5.28 | 5.31 | 5.26 | 4.74 |
| Inventory Turnover | 5.19 | 5.20 | 5.28 | 4.88 | 5.92 |
| Fixed Asset Turnover | 3.84 | 4.21 | 4.88 | 5.44 | 5.41 |
| Asset Turnover | 0.91 | 0.98 | 1.00 | 0.98 | 0.97 |
| Working Capital Turnover Ratio | -20.32 | -18.32 | -39.51 | -61.63 | -59.64 |
| Cash Conversion Cycle | 42.12 | 38.82 | 39.52 | 47.65 | 27.82 |
| Days of Sales Outstanding | 43.22 | 37.75 | 39.08 | 42.25 | 43.05 |
| Days of Inventory Outstanding | 70.29 | 70.16 | 69.17 | 74.76 | 61.69 |
| Days of Payables Outstanding | 71.38 | 69.09 | 68.73 | 69.35 | 76.93 |
| Operating Cycle | 113.50 | 107.91 | 108.25 | 117.00 | 104.74 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 14.01 | 12.41 | 13.79 | 7.44 | 8.55 |
| Free Cash Flow Per Share | 10.77 | 8.20 | 10.31 | 4.94 | 7.13 |
| Dividend Paid and CapEx Coverage Ratio | 2.17 | 1.76 | 2.33 | 1.52 | 2.34 |
| Capital Expenditure Coverage Ratio | 4.33 | 2.95 | 3.96 | 2.98 | 6.03 |
| Operating Cash Flow Coverage Ratio | 0.27 | 0.26 | 0.30 | 0.15 | 0.20 |
| Operating Cash Flow to Sales Ratio | 0.15 | 0.14 | 0.15 | 0.09 | 0.11 |
| Free Cash Flow Yield | 3.32% | 2.41% | 3.31% | 2.08% | 2.03% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 31.22 | 31.83 | 33.35 | 30.31 | 49.58 |
| Price-to-Sales (P/S) Ratio | 3.39 | 3.74 | 3.46 | 2.76 | 4.63 |
| Price-to-Book (P/B) Ratio | 17.36 | 21.32 | 21.44 | 19.74 | 37.93 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 30.08 | 41.46 | 30.25 | 48.01 | 49.37 |
| Price-to-Operating Cash Flow Ratio | 23.13 | 27.39 | 22.62 | 31.89 | 41.18 |
| Price-to-Earnings Growth (PEG) Ratio | -11.11 | 2.24 | 1.72 | 2.95 | -9.52 |
| Enterprise Value Multiple | 20.65 | 21.84 | 21.97 | 20.74 | 32.88 |
| Enterprise Value | 92.58B | 98.08B | 91.19B | 73.54B | 103.77B |
| EV to EBITDA | 20.65 | 21.84 | 21.97 | 20.74 | 32.88 |
| EV to Sales | 3.93 | 4.25 | 3.96 | 3.32 | 5.20 |
| EV to Free Cash Flow | 34.88 | 47.08 | 34.63 | 57.66 | 55.42 |
| EV to Operating Cash Flow | 26.82 | 31.10 | 25.89 | 38.30 | 46.23 |
| Tangible Book Value Per Share | -30.05 | -27.79 | -30.50 | -32.88 | -33.14 |
| Shareholders’ Equity Per Share | 18.66 | 15.94 | 14.55 | 12.02 | 9.28 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.23 | 0.22 | 0.23 | 0.21 | 0.17 |
| Revenue Per Share | 95.67 | 90.90 | 90.26 | 85.85 | 75.98 |
| Net Income Per Share | 10.42 | 10.55 | 9.35 | 7.83 | 7.10 |
| Tax Burden | 0.77 | 0.78 | 0.77 | 0.79 | 0.83 |
| Interest Burden | 0.88 | 0.89 | 0.88 | 0.87 | 0.87 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.33 | 0.32 | 0.31 | 0.29 | 0.29 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Income Quality | 1.34 | 1.18 | 1.47 | 0.95 | 1.20 |
Currency in USD
