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).
ECL
Ecolab Inc.
$265.41Basic Materials
SHW
The Sherwin-Williams Company
$317.30Basic Materials
Total return — ECL vs SHW
growth of $100 · last 30yECL +3105.4%SHW +4300.8%SHW compounded faster
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 10It depends on what you're optimizing for:
ValueSHW(lower P/E)
GrowthECL(faster 5Y revenue CAGR)
IncomeECL(higher dividend yield)
QualitySHW(higher ROIC)
Valuation
| Metric | ECL | SHW |
|---|---|---|
| P/E ratio | 35.91 | 30.45● |
| Forward P/E | 31.93 | 27.07● |
| P/S ratio | 4.58 | 3.29● |
| P/B ratio | 7.53● | 17.77 |
| PEG ratio | 6.92 | 4.52● |
| EV / EBITDA | 25.55 | 20.64● |
| FCF yield | 2.48% | 3.69%● |
Profitability
| Metric | ECL | SHW |
|---|---|---|
| Gross margin | 44.29% | 49.12%● |
| Operating margin | 17.49%● | 16.13% |
| Net margin | 12.80%● | 10.86% |
| ROE | 21.05% | 58.66%● |
| ROIC | 11.95% | 15.21%● |
Dividends
| Metric | ECL | SHW |
|---|---|---|
| Dividend yield | 1.04%● | 1.00% |
| Payout ratio | 37.65% | 30.64% |
Growth (annualized)
| Metric | ECL | SHW |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Ecolab P/E ratioSherwin-Williams P/E ratioEcolab dividend yieldSherwin-Williams dividend yieldEcolab ROESherwin-Williams ROEEcolab operating marginSherwin-Williams operating marginEcolab revenue growthSherwin-Williams revenue growthEcolab free cash flowSherwin-Williams free cash flow
Ecolab & Sherwin-Williams appear in these rankings
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.