Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 16.36% is in line with its 5-year average of 14.95%, near the high end of its 5-year range (7.83%–19.64%).
0.49% below its 12-month average of 16.44%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
16.36%
OPERATING MARGIN AVG TTM
16.44%
OPERATING MARGIN AVG 3Y
16.11%
OPERATING MARGIN AVG 5Y
14.95%
OPERATING MARGIN AVG 10Y
14.16%
OPERATING MARGIN AVG 15Y
13.14%
OPERATING MARGIN AVG 20Y
12.43%
CURRENT VS TTM AVG
-0.49%
CURRENT VS 3Y AVG
+1.56%
CURRENT VS 5Y AVG
+9.41%
CURRENT VS 10Y AVG
+15.57%
CURRENT VS 15Y AVG
+24.53%
CURRENT VS 20Y AVG
+31.63%
SECTOR MEDIAN · BASIC MATERIALS
16.68%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
-1.95%
vs the sector median at left
The Sherwin-Williams Company
Market Cap
$81.01B
Operating Margin
16.36%
TTM Avg
16.44%
3Y Avg
16.11%
5Y Avg
14.95%
Market Cap
$74.98B
Operating Margin
52.36%
TTM Avg
41.12%
3Y Avg
33.81%
5Y Avg
34.92%
Market Cap
$87.80B
Operating Margin
13.90%
TTM Avg
11.27%
3Y Avg
10.80%
5Y Avg
10.46%
Market Cap
$70.38B
Operating Margin
72.80%
TTM Avg
58.56%
3Y Avg
53.73%
5Y Avg
54.19%
Market Cap
$67.09B
Operating Margin
-4.71%
TTM Avg
14.81%
3Y Avg
16.96%
5Y Avg
19.20%
Market Cap
$59.46B
Operating Margin
11.47%
TTM Avg
8.93%
3Y Avg
11.94%
5Y Avg
14.44%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Sherwin-Williams Company (SHW) | $81.01B | 16.36% | 16.44% | 16.11% | 14.95% |
| Ecolab Inc. (ECL)vs › | $78.60B | 17.37% | 17.36% | 15.04% | 14.65% |
| Barrick Mining Corporation (B)vs › | $74.98B | 52.36% | 41.12% | 33.81% | 34.92% |
| Johnson Controls International plc (JCI)vs › | $87.80B | 13.90% | 11.27% | 10.80% | 10.46% |
| Wheaton Precious Metals Corp. (WPM)vs › | $70.38B | 72.80% | 58.56% | 53.73% | 54.19% |
| Air Products and Chemicals, Inc. (APD)vs › | $67.09B | -4.71% | 14.81% | 16.96% | 19.20% |
| Vale S.A. (VALE)vs › | $65.12B | 28.32% | 28.66% | 32.64% | 35.64% |
| CRH plc (CRH)vs › | $62.98B | 14.21% | 14.27% | 13.76% | 12.85% |
| Nucor Corporation (NUE)vs › | $59.46B | 11.47% | 8.93% | 11.94% | 14.44% |
| Corteva, Inc. (CTVA)vs › | $58.76B | 17.08% | 13.73% | 12.69% | 10.85% |
Gross Margin
49.1%
Operating Margin
16.4%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 18.13% |
| 2026-03-31 | 14.31% |
| 2025-12-31 | 13.92% |
| 2025-09-30 | 18.44% |
| 2025-06-30 | 17.41% |
| 2025-03-31 | 14.22% |
| 2024-12-31 | 12.71% |
| 2024-09-30 | 18.35% |
| 2024-06-30 | 19.64% |
| 2024-03-31 | 13.52% |
| 2023-12-31 | 12.84% |
| 2023-09-30 | 18.16% |
| 2023-06-30 | 17.76% |
| 2023-03-31 | 13.10% |
| 2022-12-31 | 11.73% |
| 2022-09-30 | 16.09% |
| 2022-06-30 | 14.43% |
| 2022-03-31 | 11.34% |
| 2021-12-31 | 7.83% |
| 2021-09-30 | 13.48% |
| 2021-06-30 | 16.60% |
| 2021-03-31 | 15.13% |
| 2020-12-31 | 12.50% |
| 2020-09-30 | 18.74% |
| 2020-06-30 | 18.06% |
| 2020-03-31 | 12.10% |
| 2019-12-31 | 11.09% |
| 2019-09-30 | 16.28% |
| 2019-06-30 | 15.69% |
| 2019-03-31 | 10.19% |
| 2018-12-31 | 5.49% |
| 2018-09-30 | 13.84% |
| 2018-06-30 | 13.11% |
| 2018-03-31 | 9.75% |
| 2017-12-31 | 9.49% |
| 2017-09-30 | 11.24% |
| 2017-06-30 | 14.74% |
| 2017-03-31 | 11.78% |
| 2016-12-31 | 11.56% |
| 2016-09-30 | 17.61% |
| 2016-06-30 | 17.99% |
| 2016-03-31 | 9.38% |
| 2015-12-31 | 12.22% |
| 2015-09-30 | 18.20% |
| 2015-06-30 | 16.61% |
| 2015-03-31 | 8.25% |
| 2014-12-31 | 8.08% |
| 2014-09-30 | 15.09% |
| 2014-06-30 | 14.47% |
| 2014-03-31 | 7.70% |
| 2013-12-31 | 6.80% |
| 2013-09-30 | 14.25% |
| 2013-06-30 | 14.56% |
| 2013-03-31 | 8.48% |
| 2012-12-31 | 4.79% |
| 2012-09-30 | 13.44% |
| 2012-06-30 | 13.07% |
| 2012-03-31 | 6.88% |
| 2011-12-31 | 6.25% |
| 2011-09-30 | 11.08% |
| 2011-06-30 | 11.38% |
| 2011-03-31 | 5.43% |
| 2010-12-31 | 6.74% |
| 2010-09-30 | 12.33% |
| 2010-06-30 | 12.98% |
| 2010-03-31 | 5.05% |
| 2009-12-31 | 7.90% |
| 2009-09-30 | 13.41% |
| 2009-06-30 | 12.28% |
| 2009-03-31 | 3.96% |
| 2008-12-31 | 7.77% |
| 2008-09-30 | 12.30% |
| 2008-06-30 | 13.27% |
| 2008-03-31 | 7.23% |
| 2007-12-31 | 10.23% |
| 2007-09-30 | 14.47% |
| 2007-06-30 | 14.54% |
| 2007-03-31 | 9.89% |
| 2006-12-31 | 8.14% |
| 2006-09-30 | 13.55% |
| 2006-06-30 | 13.85% |
| 2006-03-31 | 9.83% |
| 2005-12-31 | 8.93% |
| 2005-09-30 | 12.00% |
| 2005-06-30 | 12.47% |
| 2005-03-31 | 7.75% |
| 2004-12-31 | 8.14% |
| 2004-09-30 | 12.90% |
| 2004-06-30 | 12.79% |
| 2004-03-31 | 6.60% |
| 2003-12-31 | 10.28% |
| 2003-09-30 | 13.21% |
| 2003-06-30 | 12.34% |
| 2003-03-31 | 5.34% |
| 2002-12-31 | 9.40% |
| 2002-09-30 | 13.26% |