The Sherwin-Williams Company (SHW) Gross Margin: 49.12%
Is The Sherwin-Williams Company’s gross margin high or low?
The Sherwin-Williams Company's gross margin of 49.12% is in line with its 5-year average of 46.05%, near the high end of its 5-year range (42.10%–49.12%).
As of Thursday, June 11, 2026. 0.85% above its 12-month average of 48.70%.
SHW Gross Margin Chart
SHW Average Gross Margin Chart
SHW Current vs Average Gross Margin Chart
SHW Gross Margin Metrics
GROSS MARGIN
49.12%
GROSS MARGIN AVG TTM
48.70%
GROSS MARGIN AVG 3Y
46.55%
GROSS MARGIN AVG 5Y
46.05%
GROSS MARGIN AVG 10Y
46.12%
GROSS MARGIN AVG 15Y
45.66%
GROSS MARGIN AVG 20Y
45.33%
CURRENT VS TTM AVG
+0.85%
CURRENT VS 3Y AVG
+5.53%
CURRENT VS 5Y AVG
+6.67%
CURRENT VS 10Y AVG
+6.51%
CURRENT VS 15Y AVG
+7.57%
CURRENT VS 20Y AVG
+8.35%
SHW Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Sherwin-Williams Company (SHW) | $75.55B | 49.12% | 48.70% | 46.55% | 46.05% |
| Ecolab Inc. (ECL) | $72.95B | 44.29% | 43.99% | 41.63% | 41.51% |
| Air Products and Chemicals, Inc. (APD) | $62.06B | 31.98% | 31.95% | 30.06% | 30.75% |
| Freeport-McMoRan Inc. (FCX) | $91.93B | 27.80% | 28.23% | 30.36% | 29.31% |
| Nucor Corporation (NUE) | $58.38B | 13.98% | 12.64% | 19.48% | 19.86% |
| Newmont Corporation (NEM) | $101.04B | 55.12% | 42.20% | 28.07% | 27.14% |
| Vulcan Materials Company (VMC) | $35.36B | 27.61% | 27.13% | 25.15% | 25.29% |
| International Flavors & Fragrances Inc. (IFF) | $18.95B | 36.35% | 36.03% | 34.38% | 35.10% |
| DuPont de Nemours, Inc. (DD) | $18.56B | 33.79% | 30.91% | 30.71% | 30.89% |
| Alcoa Corporation (AA) | $17.72B | 15.20% | 12.93% | 10.82% | 12.09% |
Gross Margin Analysis
Gross Margin
49.1%
(Revenue - COGS) / Revenue
The Sherwin-Williams Company Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Sherwin-Williams Company Gross Margin FAQ
- What is the gross margin for The Sherwin-Williams Company (SHW)?
- The gross margin for SHW stock is 49.12%.
- Is The Sherwin-Williams Company's gross margin high or low?
- The Sherwin-Williams Company's gross margin of 49.12% is in line with its 5-year average of 46.05%, near the high end of its 5-year range (42.10%–49.12%).
- What is the TTM average gross margin for The Sherwin-Williams Company (SHW)?
- The TTM average gross margin for SHW stock is 48.70%.
- What is the 3Y average gross margin for The Sherwin-Williams Company (SHW)?
- The 3Y average gross margin for SHW stock is 46.55%.
- What is the 5Y average gross margin for The Sherwin-Williams Company (SHW)?
- The 5Y average gross margin for SHW stock is 46.05%.
- What is the 10Y average gross margin for The Sherwin-Williams Company (SHW)?
- The 10Y average gross margin for SHW stock is 46.12%.
- What is the 15Y average gross margin for The Sherwin-Williams Company (SHW)?
- The 15Y average gross margin for SHW stock is 45.66%.
- What is the 20Y average gross margin for The Sherwin-Williams Company (SHW)?
- The 20Y average gross margin for SHW stock is 45.33%.
The Sherwin-Williams Company Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 48.94% |
| 2024-12-31 | 48.47% |
| 2023-12-31 | 46.67% |
| 2022-12-31 | 42.10% |
| 2021-12-31 | 42.83% |
| 2020-12-31 | 47.29% |
| 2019-12-31 | 44.89% |
| 2018-12-31 | 42.31% |
| 2017-12-31 | 44.84% |
| 2016-12-31 | 49.94% |
| 2015-12-31 | 49.03% |
| 2014-12-31 | 46.40% |
| 2013-12-31 | 45.32% |
| 2012-12-31 | 44.12% |
| 2011-12-31 | 42.72% |
| 2010-12-31 | 44.76% |
| 2009-12-31 | 46.00% |
| 2008-12-31 | 43.85% |
| 2007-12-31 | 44.96% |
| 2006-12-31 | 43.72% |
| 2005-12-31 | 42.83% |
| 2004-12-31 | 44.26% |
| 2003-12-31 | 45.40% |
| 2002-12-31 | 45.10% |
| 2001-12-31 | 43.81% |
| 2000-12-31 | 47.35% |
| 1999-12-31 | 48.05% |
| 1998-12-31 | 46.16% |
| 1997-12-31 | 45.81% |
| 1996-12-31 | 44.31% |
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