EXP vs. SHW
EXP (Eagle Materials Inc.) and SHW (The Sherwin-Williams Company) are both stocks. Both are in the Basic Materials sector — EXP in Building Materials, SHW in Specialty Chemicals. Over the past 10 years, EXP returned 11.82%/yr vs 13.89%/yr for SHW. At a 0.38 correlation, their price movements are largely independent.
Performance
EXP vs. SHW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EXP achieves a 8.41% return, which is significantly higher than SHW's -1.73% return. Over the past 10 years, EXP has underperformed SHW with an annualized return of 11.82%, while SHW has yielded a comparatively higher 13.89% annualized return.
EXP
- 1D
- -0.48%
- 1M
- 12.20%
- YTD
- 8.41%
- 6M
- 4.52%
- 1Y
- 14.13%
- 3Y*
- 9.13%
- 5Y*
- 10.21%
- 10Y*
- 11.82%
SHW
- 1D
- -1.21%
- 1M
- 2.53%
- YTD
- -1.73%
- 6M
- -1.67%
- 1Y
- -4.09%
- 3Y*
- 9.62%
- 5Y*
- 4.08%
- 10Y*
- 13.89%
EXP vs. SHW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXP Eagle Materials Inc. | 8.41% | -15.85% | 22.13% | 53.62% | -19.55% | 65.07% | 11.98% | 49.23% | -45.88% | 15.45% |
SHW The Sherwin-Williams Company | -1.73% | -3.83% | 9.90% | 32.73% | -31.96% | 44.90% | 27.05% | 49.70% | -3.23% | 54.11% |
Correlation
The correlation between EXP and SHW is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 1994 | 0.38 |
The correlation between EXP and SHW shifts across timeframes, from 0.38 (all time) to 0.61 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
EXP:
$7.04B
SHW:
$78.62B
EXP:
$13.11
SHW:
$10.42
EXP:
17.05
SHW:
30.41
EXP:
1.64
SHW:
2.96
EXP:
3.13
SHW:
3.30
EXP:
4.77
SHW:
17.74
EXP:
$2.31B
SHW:
$23.94B
EXP:
$652.54M
SHW:
$11.76B
EXP:
$178.51M
SHW:
$4.29B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EXP vs. SHW — Risk / Return Rank
EXP
SHW
EXP vs. SHW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eagle Materials Inc. (EXP) and The Sherwin-Williams Company (SHW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EXP | SHW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.99 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | -0.19 | +0.69 |
| Martin ratioReturn relative to average drawdown | 1.25 | -0.39 | +1.65 |
Loading charts...
Drawdowns
EXP vs. SHW - Drawdown Comparison
The maximum EXP drawdown since its inception was -79.52%, which is greater than SHW's maximum drawdown of -52.02%. Use the drawdown chart below to compare losses from any high point for EXP and SHW.
Loading charts...
Drawdown Indicators
| EXP | SHW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.52% | -52.02% | -27.50% |
Max Drawdown (1Y)Largest decline over 1 year | -28.31% | -21.36% | -6.95% |
Max Drawdown (3Y)Largest decline over 3 years | -44.73% | -25.69% | -19.04% |
Max Drawdown (5Y)Largest decline over 5 years | -44.73% | -42.46% | -2.27% |
Max Drawdown (10Y)Largest decline over 10 years | -63.78% | -42.46% | -21.32% |
Current DrawdownCurrent decline from peak | -28.54% | -19.63% | -8.91% |
Average DrawdownAverage peak-to-trough decline | -24.01% | -11.63% | -12.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.30% | 10.42% | +0.88% |
Volatility
EXP vs. SHW - Volatility Comparison
Eagle Materials Inc. (EXP) has a higher volatility of 10.91% compared to The Sherwin-Williams Company (SHW) at 8.71%. This indicates that EXP's price experiences larger fluctuations and is considered to be riskier than SHW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXP | SHW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.91% | 8.71% | +2.20% |
Volatility (6M)Calculated over the trailing 6-month period | 25.83% | 19.62% | +6.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.41% | 25.11% | +9.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.72% | 26.32% | +6.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.05% | 26.62% | +9.43% |
Dividends
EXP vs. SHW - Dividend Comparison
EXP's dividend yield for the trailing twelve months is around 0.45%, less than SHW's 1.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXP Eagle Materials Inc. | 0.45% | 0.48% | 0.41% | 0.49% | 0.75% | 0.45% | 0.10% | 0.44% | 0.66% | 0.35% | 0.41% | 0.66% |
SHW The Sherwin-Williams Company | 1.00% | 0.98% | 0.84% | 0.78% | 1.01% | 0.62% | 0.73% | 0.77% | 0.87% | 0.83% | 1.25% | 1.03% |
Financials
EXP vs. SHW - Financials Comparison
This section allows you to compare key financial metrics between Eagle Materials Inc. and The Sherwin-Williams Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
EXP vs. SHW - Profitability Comparison
EXP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eagle Materials Inc. reported a gross profit of 106.33M and revenue of 479.11M. Therefore, the gross margin over that period was 22.2%.
SHW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported a gross profit of 2.78B and revenue of 5.67B. Therefore, the gross margin over that period was 49.1%.
EXP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eagle Materials Inc. reported an operating income of 1.38M and revenue of 479.11M, resulting in an operating margin of 0.3%.
SHW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported an operating income of 810.90M and revenue of 5.67B, resulting in an operating margin of 14.3%.
EXP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eagle Materials Inc. reported a net income of 60.16M and revenue of 479.11M, resulting in a net margin of 12.6%.
SHW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported a net income of 534.70M and revenue of 5.67B, resulting in a net margin of 9.4%.
Frequently Asked Questions
EXP and SHW have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EXP has higher volatility (10.91%) compared to SHW (8.71%). In terms of maximum drawdown, EXP dropped -79.52% vs SHW's -52.02%.
EXP currently has the higher Sharpe Ratio (0.41 vs -0.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for EXP and SHW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer