THE SHERWIN-WILLIAMS COMPANY
SHW · Consumer Discretionary · $82.1B mkt cap · FY2025 filings · Not rated ·
Not rated
We don't have enough comparable filing data to score SHW on every filter, so we don't publish a composite. Missing: balanceSheet.
20 years of fundamentals
The business, in plain English
THE SHERWIN-WILLIAMS COMPANY booked $23.6B of revenue in FY2025 in the Consumer Discretionary sector and kept 48.8% of it as gross profit — a solid-margin business by that measure. After every other cost, 10.9% of each revenue dollar reached the bottom line.
Across the filed record, revenue grew from $8.0B (FY2007) to $23.6B (FY2025) — about 6.2% a year compounded over 18 years.
It earned 24.1% on invested capital in FY2023, with a median of 24.5% across 14 filed years. The Returns on Capital filter above scores it 100/100.
The balance sheet carried $10.9B of total debt in FY2025 against $1.8B of owner earnings — roughly 6.1 years of owner earnings to retire it all.
The share count rose 101.7% between FY2007 and FY2025 — existing owners have been diluted over the record. Capital Discipline scores it 86/100.
This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.
Gaps in a line mean that item isn’t in SHW’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.
Moat Score history
No composite readings yet — SHW’s filings don’t give the engine enough comparable data to score, and we log that honestly instead of guessing a number.
Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars
None yet — SHW hasn't been rated on any logged capture, so there's no tier to change from.
Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.
Track record
How THE SHERWIN-WILLIAMS COMPANY’s moat rated in each of the years we can reconstruct from its filings — scored only on what was knowable at the time — and what its price and returns did afterward. The score never saw a price; the two are joined only in hindsight, for education, not as a signal.
How to read this: each dot is what the engine would have scored SHW on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.
Two tracks, one timeline: the score has its own 0–100 scale (top), the price its own 100-based scale (bottom) — never a shared axis. The price path is a total-return (dividends reinvested) index built from the same data the forward returns use; gaps in the score line are years with no reconstructed rating (see the table for why). The Table view carries every value.
What followed, in the years it rated Wide
In the 4 years SHW rated Wide-moat (2013, 2016, 2017 and 2021), the median forward total return that followed — measured only after each year’s filings were public — was:
- 1 year 21% vs the S&P 500’s 3% (price basis) · median over 4 years
- 3 years 68% vs the S&P 500’s 30% (price basis) · median over 4 years
- 5 years 126% vs the S&P 500’s 42% (price basis) · median over 3 years
These are medians computed from the data, not a claim about any one year. The company figures are total returns (dividends reinvested); the S&P 500 is the price-only ^GSPC index, which excludes dividends and so understates the index — the gap flatters the company. A quality rating is not a return forecast, and past returns don’t predict future ones. Educational only, not investment advice.
Consumer Discretionary context
Not ranked — SHW doesn’t have enough comparable filing data for a composite score, so we don’t place it on the board.
Consumer Discretionary leaders by Moat Score
- #1ANF Abercrombie & Fitch Co.97.6 out of 100, Wide moatWide moat
- #2LULU lululemon athletica inc.97.6 out of 100, Wide moatWide moat
- #3YETI YETI Holdings, Inc.94.7 out of 100, Wide moatWide moat
Common questions about SHW
- Does THE SHERWIN-WILLIAMS COMPANY have an economic moat?
- We don't publish a Moat Score for THE SHERWIN-WILLIAMS COMPANY (SHW): its SEC filings don't provide enough comparable data to score every filter, and the Index records that gap rather than a guessed number. Missing inputs: balance-sheet safety.
- Is SHW stock trading below its intrinsic value?
- Against a deliberately conservative owner-earnings model (9% discount rate, 4% assumed growth, capped at 4%), estimated intrinsic value is $109.03 per share versus a recent price of $331.32 — 204% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
- How has SHW's Moat Score changed over time?
- The record logs 6 readings since Jul 17, 2026, none with a composite — SHW hasn't had enough comparable filing data to score. No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.