SuperworthSherwin-Williams profit margin SHW
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 11.0%
- Operating margin, 12 months
- 16.4%
- Net margin on a year earlier
- −0.0 pts
- Peer median
- 8.7%
Over the twelve months to Jun 30, 2026, Sherwin-Williams kept 11.0% of its revenue as net profit, with an operating margin of 16.4% and a gross margin of 49.0%.
Five years earlier its net margin was 11.1%.
The median for 8 specialty chemicals stocks of a similar size is 8.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 10.9% | 16.2% | 48.8% |
| FY2024 | 11.6% | 16.5% | 48.5% |
| FY2023 | 10.4% | 15.5% | 46.7% |
| FY2022 | 9.1% | 13.6% | 42.1% |
| FY2021 | 9.3% | 12.8% | 42.8% |
| FY2020 | 11.1% | 15.6% | 47.3% |
| FY2019 | 8.6% | 13.0% | 44.9% |
| FY2018 | 6.3% | 9.9% | 42.3% |
| FY2017 | 11.5% | 11.3% | 44.8% |
| FY2016 | 9.6% | 14.7% | 50.0% |
| FY2015 | 9.3% | 14.2% | 49.0% |
| FY2014 | 7.8% | 11.7% | 46.4% |
| FY2013 | 7.4% | 11.3% | 45.3% |
| FY2012 | 6.6% | 9.8% | 44.1% |
| FY2011 | 5.0% | 8.8% | 42.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 11.0% | −0.0 pts | 16.4% | |
| Q1 FY26 | 10.9% | −0.8 pts | 16.1% | |
| Q4 FY25 | 10.9% | −0.7 pts | 16.2% | |
| Q3 FY25 | 11.0% | −0.0 pts | 16.0% | |
| Q2 FY25 | 11.0% | +0.1 pts | 16.0% | |
| Q1 FY25 | 11.6% | +1.1 pts | 16.7% | |
| Q4 FY24 | 11.6% | +1.2 pts | 16.5% | |
| Q3 FY24 | 11.1% | +0.6 pts | 16.3% | |
| Q2 FY24 | 10.9% | +0.7 pts | 16.2% | |
| Q1 FY24 | 10.5% | +1.1 pts | 15.6% | |
| Q4 FY23 | 10.4% | +1.2 pts | 15.5% | |
| Q3 FY23 | 10.5% | +1.6 pts | 15.3% |
Against its peers
Companies in Chemicals - Specialty nearest Sherwin-Williams' size, closest first, today.
| Company | Profit margin |
|---|---|
| SHWSherwin-Williams | 11.0% |
| ECLEcolab | 12.6% |
| APDAir Products and Chemicals | −0.4% |
| LINLinde | 20.4% |
| PPGPPG Industries | 9.6% |
| IFFInternational Flavors & Fragrances | 2.9% |
| LYBLyondellBasell Industries | −1.1% |
| RPMRPM International | 8.7% |
| CLXClorox | 8.7% |
| Peer median | 8.7% |
Where Sherwin-Williams ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Sherwin-Williams
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.