Ecolab Inc. (ECL) vs The Sherwin-Williams Company (SHW)

SHW leads on 10 of 17 compared metrics.

A side-by-side comparison of Ecolab Inc. and The Sherwin-Williams Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — ECL vs SHW

growth of $100 · last 30y
ECL +3105.4%SHW +4300.8%SHW compounded faster
01k2k3k4k5kStart $100200120062011201620212026$3,205$4,401
ECL SHW

ECL vs SHW: by the numbers

  • SHW is the larger company ($78.26B vs $74.70B market cap).
  • SHW trades at the lower earnings multiple (30.45 vs 35.91 P/E).
  • ECL converts more revenue to profit (12.80% vs 10.86% net margin).
  • ECL grew revenue faster over the past five years (7.14% vs 4.87% CAGR).
  • ECL pays the higher dividend yield (1.04% vs 1.00%).

Which is better, ECL or SHW?

Metric tally: ECL 7 · SHW 10

It depends on what you're optimizing for:

ValueSHW(lower P/E)
GrowthECL(faster 5Y revenue CAGR)
IncomeECL(higher dividend yield)
QualitySHW(higher ROIC)

Valuation

MetricECLSHW
P/E ratio35.9130.45
Forward P/E31.9327.07
P/S ratio4.583.29
P/B ratio7.5317.77
PEG ratio6.924.52
EV / EBITDA25.5520.64
FCF yield2.48%3.69%

Profitability

MetricECLSHW
Gross margin44.29%49.12%
Operating margin17.49%16.13%
Net margin12.80%10.86%
ROE21.05%58.66%
ROIC11.95%15.21%

Dividends

MetricECLSHW
Dividend yield1.04%1.00%
Payout ratio37.65%30.64%

Growth (annualized)

MetricECLSHW
Revenue CAGR (5Y)7.14%4.87%
EPS CAGR (5Y)5.19%6.74%
FCF CAGR (5Y)6.68%-2.44%
Total return CAGR (5Y)5.50%3.70%

Frequently asked

Which is better, ECL or SHW?
It depends on your goal. value: SHW (lower P/E); growth: ECL (faster 5Y revenue CAGR); income: ECL (higher dividend yield); quality: SHW (higher ROIC). Across all compared metrics, SHW leads 10 to 7.
Is ECL or SHW cheaper?
On trailing earnings, SHW is cheaper: ECL trades at a 35.91 P/E and SHW at 30.45.
Which has grown faster, ECL or SHW?
Over the past five years, ECL grew revenue faster — ECL at a 7.14% CAGR versus SHW at 4.87%.
Does ECL or SHW pay a bigger dividend?
ECL yields 1.04% and SHW yields 1.00% based on trailing dividends and the latest price.
Is ECL or SHW more profitable?
ECL runs the higher net margin — ECL at 12.80% versus SHW at 10.86%.
Which has been the better investment, ECL or SHW?
Over the past 10-year, SHW delivered the higher annualized total return — ECL at 9.42% versus SHW at 13.58%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.