Sherwin-Williams Company (The) return on equity (ROE)What is return on equity (ROE)? Return on equity (ROE) is a year of net income divided by shareholders' equity: the profit a company makes on each dollar its owners have in it.
Sherwin-Williams Company (The)'s return on equity is 67.29%: net income of 2.68B USD over the last twelve months on shareholders' equity of 3.98B USD.
- Today
- 67.29%
- Average, 5 years
- 66.64%
- Low, 5 years
- 55.86%
- High, 5 years
- 81.71%
ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 2.68B ÷ 3.98B = 67.29%
Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.
Why is Sherwin-Williams Company (The)'s return on equity so high?What is DuPont analysis? DuPont analysis splits return on equity into three parts: profit margin, asset turnover and the equity multiplier. It shows whether a high ROE comes from profits, from using assets well, or from debt.
- FY202510.9% × 0.91 × 5.63 = 55.9%
- FY202411.6% × 0.98 × 5.83 = 66.2%
- FY202310.4% × 1.00 × 6.18 = 64.3%
- FY20229.1% × 0.98 × 7.28 = 65.1%
- FY20219.3% × 0.97 × 8.48 = 76.5%
The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.
ROE (return on equity) by year and by quarter
| Fiscal year | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Today | 67.29% | 2.68B | 3.98B | |
| FY2025 | 31 Dec 2025 | 55.86% | 2.57B | 4.60B |
| FY2024 | 31 Dec 2024 | 66.19% | 2.68B | 4.05B |
| FY2023 | 31 Dec 2023 | 64.29% | 2.39B | 3.72B |
| FY2022 | 31 Dec 2022 | 65.12% | 2.02B | 3.10B |
| FY2021 | 31 Dec 2021 | 76.50% | 1.86B | 2.44B |
| FY2020 | 31 Dec 2020 | 56.23% | 2.03B | 3.61B |
| FY2019 | 31 Dec 2019 | 37.38% | 1.54B | 4.12B |
| FY2018 | 31 Dec 2018 | 29.72% | 1.11B | 3.73B |
| FY2017 | 31 Dec 2017 | 48.51% | 1.77B | 3.65B |
| FY2016 | 31 Dec 2016 | 60.30% | 1.13B | 1.88B |
| FY2015 | 31 Dec 2015 | 121.42% | 1.05B | 867.91M |
| FY2014 | 31 Dec 2014 | 86.90% | 865.89M | 996.47M |
| FY2013 | 31 Dec 2013 | 42.41% | 752.56M | 1.77B |
| FY2012 | 31 Dec 2012 | 35.22% | 631.03M | 1.79B |
| FY2011 | 31 Dec 2011 | 29.13% | 441.86M | 1.52B |
| FY2010 | 31 Dec 2010 | 28.74% | 462.49M | 1.61B |
| FY2009 | 31 Dec 2009 | 29.23% | 435.85M | 1.49B |
| FY2008 | 31 Dec 2008 | 29.70% | 476.88M | 1.61B |
| FY2007 | 31 Dec 2007 | 34.47% | 615.58M | 1.79B |
| FY2006 | 31 Dec 2006 | 28.91% | 576.06M | 1.99B |
| FY2005 | 31 Dec 2005 | 26.77% | 463.26M | 1.73B |
| FY2004 | 31 Dec 2004 | 23.87% | 393.25M | 1.65B |
| FY2003 | 31 Dec 2003 | 22.76% | 332.06M | 1.46B |
| FY2002 | 31 Dec 2002 | 9.51% | 127.57M | 1.34B |
| FY2001 | 31 Dec 2001 | 17.69% | 263.16M | 1.49B |
| FY2000 | 31 Dec 2000 | 1.09% | 16.03M | 1.47B |
| FY1999 | 31 Dec 1999 | 17.89% | 303.90M | 1.70B |
| FY1998 | 31 Dec 1998 | 15.90% | 272.90M | 1.72B |
| FY1997 | 31 Dec 1997 | 16.37% | 260.60M | 1.59B |
| FY1996 | 31 Dec 1996 | 16.36% | 229.20M | 1.40B |
| FY1995 | 31 Dec 1995 | 16.56% | 200.70M | 1.21B |
| FY1994 | 31 Dec 1994 | 17.72% | 186.60M | 1.05B |
| FY1993 | 31 Dec 1993 | 15.99% | 165.20M | 1.03B |
| FY1992 | 31 Dec 1992 | 15.96% | 144.60M | 905.80M |
| FY1991 | 31 Dec 1991 | 14.77% | 128.20M | 868.00M |
| FY1990 | 31 Dec 1990 | 16.07% | 122.70M | 763.70M |
| FY1989 | 31 Dec 1989 | 16.31% | 108.90M | 667.60M |
| FY1988 | 31 Dec 1988 | 16.81% | 101.10M | 601.30M |
| FY1987 | 31 Dec 1987 | 17.57% | 96.60M | 549.70M |
| FY1986 | 31 Dec 1986 | 21.56% | 106.00M | 491.60M |
| FY1985 | 31 Dec 1985 | 16.03% | 74.60M | 465.40M |
| Quarter | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 67.29% | 2.68B | 3.98B |
| Q2 FY2026 | 30 Jun 2026 | 69.74% | 2.69B | 3.85B |
| Q1 FY2026 | 31 Mar 2026 | 58.66% | 2.60B | 4.43B |
| Q4 FY2025 | 31 Dec 2025 | 55.86% | 2.57B | 4.60B |
| Q3 FY2025 | 30 Sept 2025 | 58.12% | 2.57B | 4.43B |
| Q2 FY2025 | 30 Jun 2025 | 57.83% | 2.54B | 4.40B |
| Q1 FY2025 | 31 Mar 2025 | 64.89% | 2.68B | 4.13B |
| Q4 FY2024 | 31 Dec 2024 | 66.19% | 2.68B | 4.05B |
| Q3 FY2024 | 30 Sept 2024 | 61.54% | 2.56B | 4.16B |
| Q2 FY2024 | 30 Jun 2024 | 66.98% | 2.51B | 3.75B |
| Q1 FY2024 | 31 Mar 2024 | 68.97% | 2.42B | 3.50B |
| Q4 FY2023 | 31 Dec 2023 | 64.29% | 2.39B | 3.72B |
| Q3 FY2023 | 30 Sept 2023 | 63.99% | 2.42B | 3.78B |
| Q2 FY2023 | 30 Jun 2023 | 64.51% | 2.34B | 3.63B |
| Q1 FY2023 | 31 Mar 2023 | 67.16% | 2.13B | 3.17B |
| Q4 FY2022 | 31 Dec 2022 | 65.12% | 2.02B | 3.10B |
| Q3 FY2022 | 30 Sept 2022 | 74.59% | 1.94B | 2.60B |
| Q2 FY2022 | 30 Jun 2022 | 78.89% | 1.75B | 2.22B |
| Q1 FY2022 | 31 Mar 2022 | 81.71% | 1.83B | 2.23B |
| Q4 FY2021 | 31 Dec 2021 | 76.50% | 1.86B | 2.44B |
| Q3 FY2021 | 30 Sept 2021 | 73.13% | 1.97B | 2.69B |
| Q2 FY2021 | 30 Jun 2021 | 76.43% | 2.17B | 2.84B |
| Q1 FY2021 | 31 Mar 2021 | 68.81% | 2.12B | 3.08B |
| Q4 FY2020 | 31 Dec 2020 | 56.23% | 2.03B | 3.61B |
| Q3 FY2020 | 30 Sept 2020 | 44.49% | 1.87B | 4.21B |
| Q2 FY2020 | 30 Jun 2020 | 45.03% | 1.74B | 3.87B |
| Q1 FY2020 | 31 Mar 2020 | 49.19% | 1.62B | 3.29B |
| Q4 FY2019 | 31 Dec 2019 | 37.38% | 1.54B | 4.12B |
| Q3 FY2019 | 30 Sept 2019 | 34.64% | 1.39B | 4.02B |
| Q2 FY2019 | 30 Jun 2019 | 31.25% | 1.17B | 3.75B |
| Q1 FY2019 | 31 Mar 2019 | 31.90% | 1.10B | 3.46B |
| Q4 FY2018 | 31 Dec 2018 | 29.72% | 1.11B | 3.73B |
| Q3 FY2018 | 30 Sept 2018 | 47.93% | 1.91B | 3.97B |
| Q2 FY2018 | 30 Jun 2018 | 49.84% | 1.87B | 3.75B |
| Q1 FY2018 | 31 Mar 2018 | 49.45% | 1.82B | 3.69B |
| Q4 FY2017 | 31 Dec 2017 | 49.72% | 1.81B | 3.65B |
| Q3 FY2017 | 30 Sept 2017 | 40.84% | 1.12B | 2.74B |
| Q2 FY2017 | 30 Jun 2017 | 49.75% | 1.19B | 2.39B |
| Q1 FY2017 | 31 Mar 2017 | 58.44% | 1.21B | 2.07B |
| Q4 FY2016 | 31 Dec 2016 | 60.30% | 1.13B | 1.88B |
| Q3 FY2016 | 30 Sept 2016 | 70.58% | 1.13B | 1.60B |
| Q2 FY2016 | 30 Jun 2016 | 89.48% | 1.12B | 1.25B |
| Q1 FY2016 | 31 Mar 2016 | 108.64% | 1.09B | 1.00B |
| Q4 FY2015 | 31 Dec 2015 | 121.42% | 1.05B | 867.91M |
| Q3 FY2015 | 30 Sept 2015 | 101.27% | 988.58M | 976.17M |
| Q2 FY2015 | 30 Jun 2015 | 124.16% | 940.32M | 757.34M |
| Q1 FY2015 | 31 Mar 2015 | 187.96% | 881.83M | 469.17M |
| Q4 FY2014 | 31 Dec 2014 | 86.90% | 865.89M | 996.47M |
| Q3 FY2014 | 30 Sept 2014 | 62.82% | 849.27M | 1.35B |
| Q2 FY2014 | 30 Jun 2014 | 51.54% | 785.99M | 1.52B |
| Q1 FY2014 | 31 Mar 2014 | 45.48% | 751.83M | 1.65B |
| Q4 FY2013 | 31 Dec 2013 | 42.41% | 752.56M | 1.77B |
| Q3 FY2013 | 30 Sept 2013 | — | — | 1.87B |
| Q2 FY2013 | 30 Jun 2013 | — | — | 1.87B |
| Q1 FY2013 | 31 Mar 2013 | — | — | 1.81B |
| Q4 FY2012 | 31 Dec 2012 | — | — | 1.79B |
| Q3 FY2012 | 30 Sept 2012 | — | — | 1.78B |
| Q2 FY2012 | 30 Jun 2012 | — | — | 1.54B |
| Q1 FY2012 | 31 Mar 2012 | — | — | 1.51B |
| Q4 FY2011 | 31 Dec 2011 | — | — | 1.52B |
| Q3 FY2011 | 30 Sept 2011 | — | — | 1.64B |
| Q2 FY2011 | 30 Jun 2011 | — | — | 1.75B |
| Q1 FY2011 | 31 Mar 2011 | 30.98% | 498.20M | 1.61B |
| Q4 FY2010 | 31 Dec 2010 | 28.74% | 462.49M | 1.61B |
| Q3 FY2010 | 30 Sept 2010 | 27.69% | 454.91M | 1.64B |
| Q2 FY2010 | 30 Jun 2010 | 29.71% | 454.86M | 1.53B |
| Q1 FY2010 | 31 Mar 2010 | 28.84% | 431.17M | 1.50B |
| Q4 FY2009 | 31 Dec 2009 | 29.23% | 435.85M | 1.49B |
| Q3 FY2009 | 30 Sept 2009 | 24.70% | 420.68M | 1.70B |
| Q2 FY2009 | 30 Jun 2009 | 24.37% | 422.55M | 1.73B |
| Q1 FY2009 | 31 Mar 2009 | 27.57% | 436.21M | 1.58B |
| Q4 FY2008 | 31 Dec 2008 | 29.70% | 476.88M | 1.61B |
| Q3 FY2008 | 30 Sept 2008 | 30.35% | 527.53M | 1.74B |
| Q2 FY2008 | 30 Jun 2008 | 33.07% | 550.80M | 1.67B |
| Q1 FY2008 | 31 Mar 2008 | 35.92% | 581.72M | 1.62B |
| Q4 FY2007 | 31 Dec 2007 | 34.47% | 615.58M | 1.79B |
| Q3 FY2007 | 30 Sept 2007 | 33.25% | 613.44M | 1.84B |
| Q2 FY2007 | 30 Jun 2007 | 29.39% | 592.20M | 2.02B |
| Q1 FY2007 | 31 Mar 2007 | 30.00% | 574.19M | 1.91B |
| Q4 FY2006 | 31 Dec 2006 | 28.91% | 576.06M | 1.99B |
| Q3 FY2006 | 30 Sept 2006 | 26.79% | 552.51M | 2.06B |
| Q2 FY2006 | 30 Jun 2006 | 26.65% | 525.01M | 1.97B |
| Q1 FY2006 | 31 Mar 2006 | 26.78% | 493.64M | 1.84B |
| Q4 FY2005 | 31 Dec 2005 | 26.77% | 463.26M | 1.73B |
| Q3 FY2005 | 30 Sept 2005 | 26.84% | 470.61M | 1.75B |
| Q2 FY2005 | 30 Jun 2005 | 26.42% | 451.86M | 1.71B |
| Q1 FY2005 | 31 Mar 2005 | 26.67% | 425.08M | 1.59B |
| Q4 FY2004 | 31 Dec 2004 | 23.87% | 393.25M | 1.65B |
| Q3 FY2004 | 30 Sept 2004 | 24.30% | 381.60M | 1.57B |
| Q2 FY2004 | 30 Jun 2004 | 24.55% | 369.03M | 1.50B |
| Q1 FY2004 | 31 Mar 2004 | 24.30% | 352.72M | 1.45B |
| Q4 FY2003 | 31 Dec 2003 | 22.76% | 332.06M | 1.46B |
| Q3 FY2003 | 30 Sept 2003 | 22.23% | 318.29M | 1.43B |
| Q2 FY2003 | 30 Jun 2003 | 22.60% | 309.32M | 1.37B |
| Q1 FY2003 | 31 Mar 2003 | 23.97% | 306.72M | 1.28B |
| Q4 FY2002 | 31 Dec 2002 | 9.51% | 127.57M | 1.34B |
| Q3 FY2002 | 30 Sept 2002 | 8.67% | 115.94M | 1.34B |
| Q2 FY2002 | 30 Jun 2002 | 7.21% | 94.93M | 1.32B |
| Q1 FY2002 | 31 Mar 2002 | 6.09% | 77.88M | 1.28B |
| Q4 FY2001 | 31 Dec 2001 | 17.69% | 263.16M | 1.49B |
| Q3 FY2001 | 30 Sept 2001 | -2.04% | -29.73M | 1.46B |
| Q2 FY2001 | 30 Jun 2001 | -0.92% | -13.34M | 1.45B |
| Q1 FY2001 | 31 Mar 2001 | 0.83% | 12.03M | 1.45B |
| Q4 FY2000 | 31 Dec 2000 | 1.09% | 16.03M | 1.47B |
| Q3 FY2000 | 30 Sept 2000 | 17.85% | 319.49M | 1.79B |
| Q2 FY2000 | 30 Jun 2000 | 18.23% | 324.27M | 1.78B |
| Q1 FY2000 | 31 Mar 2000 | 18.67% | 316.03M | 1.69B |
| Q4 FY1999 | 31 Dec 1999 | 17.89% | 303.90M | 1.70B |
| Q3 FY1999 | 30 Sept 1999 | 17.54% | 295.40M | 1.68B |
| Q2 FY1999 | 30 Jun 1999 | 16.89% | 284.70M | 1.69B |
| Q1 FY1999 | 31 Mar 1999 | 17.35% | 276.50M | 1.59B |
| Q4 FY1998 | 31 Dec 1998 | 15.90% | 272.90M | 1.72B |
| Q3 FY1998 | 30 Sept 1998 | 15.78% | 270.50M | 1.71B |
| Q2 FY1998 | 30 Jun 1998 | 16.22% | 268.90M | 1.66B |
| Q1 FY1998 | 31 Mar 1998 | 16.32% | 262.70M | 1.61B |
| Q4 FY1997 | 31 Dec 1997 | 16.37% | 260.60M | 1.59B |
| Q3 FY1997 | 30 Sept 1997 | 16.31% | 254.70M | 1.56B |
| Q2 FY1997 | 30 Jun 1997 | 16.45% | 244.00M | 1.48B |
| Q1 FY1997 | 31 Mar 1997 | 16.60% | 232.70M | 1.40B |
| Q4 FY1996 | 31 Dec 1996 | 16.36% | 229.20M | 1.40B |
| Q3 FY1996 | 30 Sept 1996 | 16.36% | 223.80M | 1.37B |
| Q2 FY1996 | 30 Jun 1996 | 16.25% | 210.30M | 1.29B |
| Q1 FY1996 | 31 Mar 1996 | 16.52% | 201.60M | 1.22B |
| Q4 FY1995 | 31 Dec 1995 | 16.56% | 200.70M | 1.21B |
| Q3 FY1995 | 30 Sept 1995 | 16.76% | 197.60M | 1.18B |
| Q2 FY1995 | 30 Jun 1995 | 17.26% | 193.80M | 1.12B |
| Q1 FY1995 | 31 Mar 1995 | 17.88% | 189.80M | 1.06B |
| Q4 FY1994 | 31 Dec 1994 | 17.72% | 186.60M | 1.05B |
| Q3 FY1994 | 30 Sept 1994 | 17.26% | 182.30M | 1.06B |
| Q2 FY1994 | 30 Jun 1994 | 17.64% | 175.50M | 994.80M |
| Q1 FY1994 | 31 Mar 1994 | 16.43% | 166.90M | 1.02B |
| Q4 FY1993 | 31 Dec 1993 | 15.99% | 165.20M | 1.03B |
| Q3 FY1993 | 30 Sept 1993 | 15.51% | 158.00M | 1.02B |
| Q2 FY1993 | 30 Jun 1993 | 15.64% | 150.90M | 964.70M |
| Q1 FY1993 | 31 Mar 1993 | 15.90% | 145.40M | 914.30M |
| Q4 FY1992 | 31 Dec 1992 | 15.96% | 144.60M | 905.80M |
| Q3 FY1992 | 30 Sept 1992 | 15.22% | 148.00M | 972.20M |
| Q2 FY1992 | 30 Jun 1992 | 15.30% | 141.10M | 922.10M |
| Q1 FY1992 | 31 Mar 1992 | 15.28% | 133.70M | 874.80M |
| Q4 FY1991 | 31 Dec 1991 | 14.77% | 128.20M | 868.00M |
| Q3 FY1991 | 30 Sept 1991 | 14.90% | 126.60M | 849.90M |
| Q2 FY1991 | 30 Jun 1991 | 15.23% | 123.00M | 807.50M |
| Q1 FY1991 | 31 Mar 1991 | 15.68% | 120.20M | 766.80M |
| Q4 FY1990 | 31 Dec 1990 | 16.07% | 122.70M | 763.70M |
| Q3 FY1990 | 30 Sept 1990 | 16.22% | 121.50M | 749.20M |
| Q2 FY1990 | 30 Jun 1990 | 16.38% | 116.30M | 709.90M |
| Q1 FY1990 | 31 Mar 1990 | 16.42% | 110.10M | 670.60M |
| Q4 FY1989 | 31 Dec 1989 | 16.31% | 108.90M | 667.60M |
| Q3 FY1989 | 30 Sept 1989 | 16.25% | 107.80M | 663.30M |
| Q2 FY1989 | 30 Jun 1989 | 16.60% | 104.00M | 626.40M |
| Q1 FY1989 | 31 Mar 1989 | — | 101.40M | — |
| Q4 FY1988 | 31 Dec 1988 | 16.80% | 101.00M | 601.30M |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | — | — | 549.70M |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
| Q4 FY1986 | 31 Dec 1986 | — | — | 491.60M |
| Q3 FY1986 | 30 Sept 1986 | — | — | — |
| Q2 FY1986 | 30 Jun 1986 | — | — | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | — | — | 465.40M |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,Debt to equity,Current ratio,All ratios
Common questions about Sherwin-Williams Company (The)'s ROE
Source: Financial Modeling Prep
