The Sherwin-Williams Company (SHW) Debt to Equity Ratio: 3.16
Is The Sherwin-Williams Company’s debt to equity ratio high or low?
The Sherwin-Williams Company's debt to equity ratio of 3.16 is in line with its 5-year average of 3.47, near the low end of its 5-year range (2.80–4.72).
The debt to equity ratio for The Sherwin-Williams Company (SHW) is 3.16 as of Wednesday, June 10, 2026. It is above its 12-month average by 3.61% (3.05).
SHW Debt to Equity Ratio Chart
SHW Average Debt to Equity Ratio Chart
SHW Current vs Average Debt to Equity Ratio Chart
SHW Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
3.16
DEBT TO EQUITY RATIO AVG TTM
3.05
DEBT TO EQUITY RATIO AVG 3Y
3.33
DEBT TO EQUITY RATIO AVG 5Y
3.47
DEBT TO EQUITY RATIO AVG 10Y
2.91
DEBT TO EQUITY RATIO AVG 15Y
2.32
DEBT TO EQUITY RATIO AVG 20Y
1.88
CURRENT VS TTM AVG
+3.61%
CURRENT VS 3Y AVG
-5.03%
CURRENT VS 5Y AVG
-8.98%
CURRENT VS 10Y AVG
+8.52%
CURRENT VS 15Y AVG
+36.43%
CURRENT VS 20Y AVG
+68.13%
SHW Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Sherwin-Williams Company (SHW) | — | 3.16 | 3.05 | 3.33 | 3.47 |
| Ecolab Inc. (ECL) | $74.42B | 0.97 | 0.96 | 1.06 | 1.11 |
| Air Products and Chemicals, Inc. (APD) | $63.01B | 1.23 | 1.05 | 0.88 | 0.80 |
| Freeport-McMoRan Inc. (FCX) | $92.36B | 0.61 | 0.58 | 0.62 | 0.69 |
| Nucor Corporation (NUE) | $57.92B | 0.34 | 0.34 | 0.34 | 0.38 |
| Newmont Corporation (NEM) | $105.20B | 0.17 | 0.23 | 0.28 | 0.28 |
| Vulcan Materials Company (VMC) | $36.20B | 0.63 | 0.68 | 0.65 | 0.65 |
| DuPont de Nemours, Inc. (DD) | $19.29B | 0.23 | 0.27 | 0.29 | 0.33 |
| Alcoa Corporation (AA) | $19.11B | 0.45 | 0.50 | 0.46 | 0.50 |
| United States Steel Corporation (X) | $12.42B | 0.37 | 0.38 | 0.40 | 0.65 |
Financial Health
Debt/Equity
3.16
Current Ratio
0.87
The Sherwin-Williams Company Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Sherwin-Williams Company Debt to Equity Ratio FAQ
- What is the debt to equity ratio for The Sherwin-Williams Company (SHW)?
- The debt to equity ratio for SHW stock is 3.16.
- Is The Sherwin-Williams Company's debt to equity ratio high or low?
- The Sherwin-Williams Company's debt to equity ratio of 3.16 is in line with its 5-year average of 3.47, near the low end of its 5-year range (2.80–4.72).
- What is the TTM average debt to equity ratio for The Sherwin-Williams Company (SHW)?
- The TTM average debt to equity ratio for SHW stock is 3.05.
- What is the 3Y average debt to equity ratio for The Sherwin-Williams Company (SHW)?
- The 3Y average debt to equity ratio for SHW stock is 3.33.
- What is the 5Y average debt to equity ratio for The Sherwin-Williams Company (SHW)?
- The 5Y average debt to equity ratio for SHW stock is 3.47.
- What is the 10Y average debt to equity ratio for The Sherwin-Williams Company (SHW)?
- The 10Y average debt to equity ratio for SHW stock is 2.91.
- What is the 15Y average debt to equity ratio for The Sherwin-Williams Company (SHW)?
- The 15Y average debt to equity ratio for SHW stock is 2.32.
- What is the 20Y average debt to equity ratio for The Sherwin-Williams Company (SHW)?
- The 20Y average debt to equity ratio for SHW stock is 1.88.
The Sherwin-Williams Company Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 3.16 |
| 2024-12-31 | 2.94 |
| 2023-12-31 | 3.18 |
| 2022-12-31 | 4.03 |
| 2021-12-31 | 4.72 |
| 2020-12-31 | 2.80 |
| 2019-12-31 | 2.53 |
| 2018-12-31 | 2.50 |
| 2017-12-31 | 2.88 |
| 2016-12-31 | 1.04 |
| 2015-12-31 | 2.25 |
| 2014-12-31 | 1.81 |
| 2013-12-31 | 0.97 |
| 2012-12-31 | 0.95 |
| 2011-12-31 | 0.65 |
| 2010-12-31 | 0.65 |
| 2009-12-31 | 0.55 |
| 2008-12-31 | 0.52 |
| 2007-12-31 | 0.54 |
| 2006-12-31 | 0.44 |
| 2005-12-31 | 0.36 |
| 2004-12-31 | 0.45 |
| 2003-12-31 | 0.35 |
| 2002-12-31 | 0.39 |
| 2001-12-31 | 0.41 |
| 2000-12-31 | 0.51 |
| 1999-12-31 | 0.44 |
| 1998-12-31 | 0.49 |
| 1997-12-31 | 0.63 |
| 1996-12-31 | 0.22 |
Related Metrics
About The Sherwin-Williams Company
Cleveland, Ohio-based The Sherwin-Williams Company, established in 1866, is a prominent global player in the development, manufacturing, distribution, and sale of paints, coatings, and related merchandise. Its extensive customer base encompasses professionals, industrial enterprises, commercial clients, and individual consumers. The company's operations are organized into three key segments: 1. The Americas Group: This division provides architectural paints and coatings, protective and marine products, and original equipment manufacturer (OEM) finishes, catering to architectural and industrial painting contractors, as well as do-it-yourself homeowners. 2. Consumer Brands Group: This segment supplies a broad portfolio of both branded and private-label offerings, including architectural paints, stains, varnishes, wood finishes, and various related items like applicators, adhesives, and aerosols, to retailers and distributors. 3. Performance Coatings Group: Focused on specialized applications, this group develops and sells industrial coatings for wood finishing and general industrial use, automotive refinish products, high-performance protective and marine coatings, coil and packaging coatings, and advanced resins and colorants. Sherwin-Williams reaches its global clientele through its approximately 5,000 company-operated stores and facilities (as of February 17, 2022), alongside direct sales personnel and external representatives. The company maintains a significant international footprint, operating across North and South America, the Caribbean, Europe, Asia, and Australia.
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- CEO
- Heidi G. Petz