SHW vs. MTD
SHW (The Sherwin-Williams Company) and MTD (Mettler-Toledo International Inc.) are both stocks. SHW operates in Specialty Chemicals (Basic Materials), while MTD operates in Diagnostics & Research (Healthcare). Over the past 10 years, SHW returned 13.58%/yr vs 11.73%/yr for MTD. At a 0.37 correlation, their price movements are largely independent.
Performance
SHW vs. MTD - Performance Comparison
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Returns By Period
In the year-to-date period, SHW achieves a -1.61% return, which is significantly higher than MTD's -18.84% return. Over the past 10 years, SHW has outperformed MTD with an annualized return of 13.58%, while MTD has yielded a comparatively lower 11.73% annualized return.
SHW
- 1D
- 0.13%
- 1M
- 6.01%
- YTD
- -1.61%
- 6M
- -3.00%
- 1Y
- -4.65%
- 3Y*
- 9.64%
- 5Y*
- 3.70%
- 10Y*
- 13.58%
MTD
- 1D
- -0.86%
- 1M
- 9.68%
- YTD
- -18.84%
- 6M
- -18.81%
- 1Y
- -2.07%
- 3Y*
- -4.98%
- 5Y*
- -3.12%
- 10Y*
- 11.73%
SHW vs. MTD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHW The Sherwin-Williams Company | -1.61% | -3.83% | 9.90% | 32.73% | -31.96% | 44.90% | 27.05% | 49.70% | -3.23% | 54.11% |
MTD Mettler-Toledo International Inc. | -18.84% | 13.93% | 0.88% | -16.08% | -14.83% | 48.92% | 43.67% | 40.26% | -8.71% | 48.01% |
Correlation
The correlation between SHW and MTD is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 1997 | 0.37 |
The correlation between SHW and MTD shifts across timeframes, from 0.37 (all time) to 0.50 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SHW:
$78.72B
MTD:
$22.95B
SHW:
$10.42
MTD:
$42.68
SHW:
30.45
MTD:
26.51
SHW:
2.96
MTD:
4.07
SHW:
3.31
MTD:
5.67
SHW:
17.77
MTD:
6.26
SHW:
$23.94B
MTD:
$4.09B
SHW:
$11.76B
MTD:
$2.36B
SHW:
$4.29B
MTD:
$1.24B
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Return for Risk
SHW vs. MTD — Risk / Return Rank
SHW
MTD
SHW vs. MTD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Sherwin-Williams Company (SHW) and Mettler-Toledo International Inc. (MTD). 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.
| SHW | MTD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.00 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | -0.15 | -0.32 |
| Martin ratioReturn relative to average drawdown | -0.99 | -0.42 | -0.57 |
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Drawdowns
SHW vs. MTD - Drawdown Comparison
The maximum SHW drawdown since its inception was -52.02%, smaller than the maximum MTD drawdown of -61.43%. Use the drawdown chart below to compare losses from any high point for SHW and MTD.
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Drawdown Indicators
| SHW | MTD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.02% | -61.43% | +9.41% |
Max Drawdown (1Y)Largest decline over 1 year | -21.36% | -31.90% | +10.54% |
Max Drawdown (3Y)Largest decline over 3 years | -25.69% | -36.61% | +10.92% |
Max Drawdown (5Y)Largest decline over 5 years | -42.46% | -43.47% | +1.01% |
Max Drawdown (10Y)Largest decline over 10 years | -42.46% | -43.47% | +1.01% |
Current DrawdownCurrent decline from peak | -19.53% | -33.54% | +14.01% |
Average DrawdownAverage peak-to-trough decline | -11.63% | -13.69% | +2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.28% | 11.48% | -1.20% |
Volatility
SHW vs. MTD - Volatility Comparison
The current volatility for The Sherwin-Williams Company (SHW) is 9.00%, while Mettler-Toledo International Inc. (MTD) has a volatility of 9.92%. This indicates that SHW experiences smaller price fluctuations and is considered to be less risky than MTD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHW | MTD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.00% | 9.92% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 19.26% | 26.16% | -6.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.46% | 32.17% | -6.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.27% | 32.15% | -5.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.58% | 29.78% | -3.20% |
Dividends
SHW vs. MTD - Dividend Comparison
SHW's dividend yield for the trailing twelve months is around 1.00%, while MTD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTD Mettler-Toledo International Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
SHW vs. MTD - Financials Comparison
This section allows you to compare key financial metrics between The Sherwin-Williams Company and Mettler-Toledo International Inc.. 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
SHW vs. MTD - Profitability Comparison
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%.
MTD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mettler-Toledo International Inc. reported a gross profit of 555.82M and revenue of 947.13M. Therefore, the gross margin over that period was 58.7%.
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%.
MTD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mettler-Toledo International Inc. reported an operating income of 246.22M and revenue of 947.13M, resulting in an operating margin of 26.0%.
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%.
MTD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mettler-Toledo International Inc. reported a net income of 169.45M and revenue of 947.13M, resulting in a net margin of 17.9%.
Frequently Asked Questions
SHW and MTD have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTD has higher volatility (9.92%) compared to SHW (9.00%). In terms of maximum drawdown, SHW dropped -52.02% vs MTD's -61.43%.
MTD currently has the higher Sharpe Ratio (-0.15 vs -0.40), 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.
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