EXP vs. SHW

Last updated Apr 1, 2026

Compare and contrast key facts about Eagle Materials Inc. (EXP) and The Sherwin-Williams Company (SHW).

Performance

EXP vs. SHW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eagle Materials Inc. (EXP) and The Sherwin-Williams Company (SHW). The values are adjusted to include any dividend payments, if applicable.

EXP vs. SHW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EXP Eagle Materials Inc.	-8.21%	-15.85%	22.13%	53.62%	-19.55%	65.07%	11.98%	49.23%	-45.88%	15.45%
SHW The Sherwin-Williams Company	-0.86%	-3.83%	9.90%	32.73%	-31.96%	44.90%	27.05%	49.70%	-3.23%	54.11%

Fundamentals

Market Cap EXP : $6.14B SHW : $79.75B
EPS EXP : $19.31 SHW : $10.28
PE Ratio EXP : 9.81 SHW : 31.19
PEG Ratio EXP : 0.63 SHW : 3.22
PS Ratio EXP : 2.69 SHW : 3.40
PB Ratio EXP : 4.11 SHW : 17.34
Total Revenue (TTM) EXP : $2.30B SHW : $23.59B
Gross Profit (TTM) EXP : $650.83M SHW : $11.53B
EBITDA (TTM) EXP : $562.85M SHW : $4.30B

Returns By Period

In the year-to-date period, EXP achieves a -8.21% return, which is significantly lower than SHW's -0.86% return. Over the past 10 years, EXP has underperformed SHW with an annualized return of 10.89%, while SHW has yielded a comparatively higher 13.87% annualized return.

EXP

• 1D: 4.38%
• 1M: -15.23%
• YTD: -8.21%
• 6M: -18.51%
• 1Y: -14.23%
• 3Y*: 9.40%
• 5Y*: 7.59%
• 10Y*: 10.89%

SHW

• 1D: 1.47%
• 1M: -11.40%
• YTD: -0.86%
• 6M: -7.00%
• 1Y: -7.38%
• 3Y*: 13.56%
• 5Y*: 6.05%
• 10Y*: 13.87%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

EXP vs. SHW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EXP

EXP Risk / Return Rank: 23
EXP Sharpe Ratio Rank: 25
EXP Sortino Ratio Rank: 23
EXP Omega Ratio Rank: 24
EXP Calmar Ratio Rank: 26
EXP Martin Ratio Rank: 17

SHW

SHW Risk / Return Rank: 29
SHW Sharpe Ratio Rank: 29
SHW Sortino Ratio Rank: 24
SHW Omega Ratio Rank: 25
SHW Calmar Ratio Rank: 34
SHW Martin Ratio Rank: 33

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

	EXP	SHW	Difference
Sharpe ratio Return per unit of total volatility	-0.39	-0.30	-0.09
Sortino ratio Return per unit of downside risk	-0.33	-0.27	-0.06
Omega ratio Gain probability vs. loss probability	0.96	0.97	-0.01
Calmar ratio Return relative to maximum drawdown	-0.49	-0.26	-0.23
Martin ratio Return relative to average drawdown	-1.26	-0.60	-0.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXP vs. SHW - Sharpe Ratio Comparison

The current EXP Sharpe Ratio is -0.39, which is lower than the SHW Sharpe Ratio of -0.30. The chart below compares the historical Sharpe Ratios of EXP and SHW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EXP	SHW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.39	-0.30	-0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.24	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	0.53	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.55	-0.18

Correlation

The correlation between EXP and SHW is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

EXP vs. SHW - Dividend Comparison

EXP's dividend yield for the trailing twelve months is around 0.53%, less than SHW's 0.99% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EXP Eagle Materials Inc.	0.53%	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	0.99%	0.98%	0.84%	0.78%	1.01%	0.62%	0.73%	0.77%	0.87%	0.83%	1.25%	1.03%

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.

Drawdown Indicators

	EXP	SHW	Difference
Max Drawdown Largest peak-to-trough decline	-79.52%	-52.02%	-27.50%
Max Drawdown (1Y) Largest decline over 1 year	-28.31%	-18.74%	-9.57%
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 Drawdown Current decline from peak	-39.50%	-18.91%	-20.59%
Average Drawdown Average peak-to-trough decline	-23.94%	-11.59%	-12.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.00%	7.98%	+3.02%

Volatility

EXP vs. SHW - Volatility Comparison

Eagle Materials Inc. (EXP) has a higher volatility of 10.96% compared to The Sherwin-Williams Company (SHW) at 8.03%. 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.

Volatility by Period

	EXP	SHW	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.96%	8.03%	+2.93%
Volatility (6M) Calculated over the trailing 6-month period	24.80%	16.51%	+8.29%
Volatility (1Y) Calculated over the trailing 1-year period	37.00%	25.21%	+11.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.55%	25.75%	+6.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.88%	26.27%	+9.61%

Financials

EXP vs. SHW - Profitability Comparison

The chart below illustrates the profitability comparison between Eagle Materials Inc. and The Sherwin-Williams Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EXP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Eagle Materials Inc. reported a gross profit of 160.91M and revenue of 555.96M. Therefore, the gross margin over that period was 28.9%.

SHW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Sherwin-Williams Company reported a gross profit of 2.73B and revenue of 5.61B. Therefore, the gross margin over that period was 48.6%.

EXP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Eagle Materials Inc. reported an operating income of -339.48M and revenue of 555.96M, resulting in an operating margin of -61.1%.

SHW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Sherwin-Williams Company reported an operating income of 775.80M and revenue of 5.61B, resulting in an operating margin of 13.8%.

EXP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Eagle Materials Inc. reported a net income of 302.77M and revenue of 555.96M, resulting in a net margin of 54.5%.

SHW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Sherwin-Williams Company reported a net income of 476.80M and revenue of 5.61B, resulting in a net margin of 8.5%.