ECL vs SHW

Ecolab (ECL) and Sherwin-Williams (SHW) compared side by side. Sherwin-Williams (SHW) is larger, with a market cap of $81.8B versus $80.9B for Ecolab, about 1.0 times the size. On trailing earnings, SHW is cheaper at 31.1x versus 38.7x for ECL.

Head to head

MetricECLSHW
Market cap$80.9B$81.8B
P/E (TTM)38.7x31.1x
Forward P/E30.8x25.0x
Revenue (TTM)$16.8B$24.4B
Revenue growth9.7%7.5%
Gross margin44.2%49.0%
Operating margin18.5%18.1%
Free cash flow$1.9B$3.2B
Dividend yield1.01%0.95%
1-year return+6.1%+2.6%
5-year return (annual)+6.6%+2.8%
Max drawdown-69%-52%
FI Handbook gradeCC

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$7.5K
$10.0K
$12.5K
20222023202420252026
ECLSHW

ECL vs SHW FAQ

Which is bigger, ECL or SHW?

Sherwin-Williams (SHW) is larger, with a market cap of $81.8B versus $80.9B for Ecolab, about 1.0 times the size.

Is ECL or SHW cheaper?

On trailing earnings, SHW is cheaper at 31.1x versus 38.7x for ECL. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, ECL or SHW?

ECL returned +6.1% over the past year including dividends, versus +2.6% for SHW, through October 23, 2026.

Which pays a higher dividend, ECL or SHW?

ECL yields 1.01% versus 0.95% for SHW.

Full pages: Ecolab · Sherwin-Williams