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Side-by-side financial comparison of Blackstone Inc. (BX) and Sherwin-Williams (SHW). Click either name above to swap in a different company.

Sherwin-Williams is the larger business by last-quarter revenue ($5.7B vs $3.3B, roughly 1.7× Blackstone Inc.). Blackstone Inc. runs the higher net margin — 36.7% vs 9.4%, a 27.3% gap on every dollar of revenue. On growth, Sherwin-Williams posted the faster year-over-year revenue change (6.8% vs -77.7%). Over the past eight quarters, Blackstone Inc.'s revenue compounded faster (8.5% CAGR vs -4.9%).

Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe.

Sherwin-Williams is an American paints and coatings company based in Cleveland, Ohio. It is primarily engaged in the manufacture, distribution, and sale of paints, coatings, floorcoverings, and related products with operations in over 120 countries. As of 2024, it is the largest coatings company in the world by revenue.

BX vs SHW — Head-to-Head

Bigger by revenue
SHW
SHW
1.7× larger
SHW
$5.7B
$3.3B
BX
Growing faster (revenue YoY)
SHW
SHW
+84.5% gap
SHW
6.8%
-77.7%
BX
Higher net margin
BX
BX
27.3% more per $
BX
36.7%
9.4%
SHW
Faster 2-yr revenue CAGR
BX
BX
Annualised
BX
8.5%
-4.9%
SHW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BX
BX
SHW
SHW
Revenue
$3.3B
$5.7B
Net Profit
$1.2B
$534.7M
Gross Margin
49.1%
Operating Margin
Net Margin
36.7%
9.4%
Revenue YoY
-77.7%
6.8%
Net Profit YoY
-76.1%
6.1%
EPS (diluted)
$0.80
$2.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BX
BX
SHW
SHW
Q1 26
$3.3B
$5.7B
Q4 25
$4.4B
$5.6B
Q3 25
$3.1B
$6.4B
Q2 25
$3.7B
$6.3B
Q1 25
$3.3B
$5.3B
Q4 24
$3.1B
$5.3B
Q3 24
$3.7B
$6.2B
Q2 24
$2.8B
$6.3B
Net Profit
BX
BX
SHW
SHW
Q1 26
$1.2B
$534.7M
Q4 25
$1.0B
$476.8M
Q3 25
$624.9M
$833.1M
Q2 25
$764.2M
$754.7M
Q1 25
$614.9M
$503.9M
Q4 24
$703.9M
$480.1M
Q3 24
$780.8M
$806.2M
Q2 24
$444.4M
$889.9M
Gross Margin
BX
BX
SHW
SHW
Q1 26
49.1%
Q4 25
48.5%
Q3 25
49.2%
Q2 25
49.4%
Q1 25
48.2%
Q4 24
48.6%
Q3 24
49.1%
Q2 24
48.8%
Operating Margin
BX
BX
SHW
SHW
Q1 26
Q4 25
54.1%
11.4%
Q3 25
46.8%
16.7%
Q2 25
51.6%
15.6%
Q1 25
44.2%
12.3%
Q4 24
50.6%
11.6%
Q3 24
49.4%
21.4%
Q2 24
43.2%
22.5%
Net Margin
BX
BX
SHW
SHW
Q1 26
36.7%
9.4%
Q4 25
23.3%
8.5%
Q3 25
20.2%
13.1%
Q2 25
20.6%
12.0%
Q1 25
18.7%
9.5%
Q4 24
22.8%
9.1%
Q3 24
21.3%
13.1%
Q2 24
15.9%
14.2%
EPS (diluted)
BX
BX
SHW
SHW
Q1 26
$0.80
$2.15
Q4 25
$1.29
$1.91
Q3 25
$0.80
$3.35
Q2 25
$0.98
$3.00
Q1 25
$0.80
$2.00
Q4 24
$0.91
$1.90
Q3 24
$1.02
$3.18
Q2 24
$0.58
$3.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BX
BX
SHW
SHW
Cash + ST InvestmentsLiquidity on hand
$2.4B
$216.9K
Total DebtLower is stronger
$11.7M
Stockholders' EquityBook value
$18.5B
$4.4M
Total Assets
$45.3B
$26.4M
Debt / EquityLower = less leverage
2.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BX
BX
SHW
SHW
Q1 26
$2.4B
$216.9K
Q4 25
$2.6B
$207.2M
Q3 25
$2.4B
$241.5M
Q2 25
$2.2B
$269.8M
Q1 25
$2.4B
$199.8M
Q4 24
$2.0B
$210.4M
Q3 24
$2.4B
$238.2M
Q2 24
$2.4B
$200.0M
Total Debt
BX
BX
SHW
SHW
Q1 26
$11.7M
Q4 25
$12.6B
$9.7B
Q3 25
$12.1B
$9.7B
Q2 25
$12.1B
$9.0B
Q1 25
$12.6B
$9.0B
Q4 24
$11.5B
$9.2B
Q3 24
$10.9B
$9.2B
Q2 24
$10.8B
$9.0B
Stockholders' Equity
BX
BX
SHW
SHW
Q1 26
$18.5B
$4.4M
Q4 25
$8.7B
$4.6B
Q3 25
$8.4B
$4.4B
Q2 25
$8.4B
$4.4B
Q1 25
$8.0B
$4.1B
Q4 24
$8.2B
$4.1B
Q3 24
$7.0B
$4.2B
Q2 24
$6.8B
$3.8B
Total Assets
BX
BX
SHW
SHW
Q1 26
$45.3B
$26.4M
Q4 25
$47.7B
$25.9B
Q3 25
$46.6B
$26.2B
Q2 25
$45.4B
$25.4B
Q1 25
$45.3B
$24.6B
Q4 24
$43.5B
$23.6B
Q3 24
$42.6B
$24.0B
Q2 24
$40.6B
$23.7B
Debt / Equity
BX
BX
SHW
SHW
Q1 26
2.64×
Q4 25
1.45×
2.10×
Q3 25
1.44×
2.18×
Q2 25
1.45×
2.04×
Q1 25
1.58×
2.17×
Q4 24
1.40×
2.28×
Q3 24
1.55×
2.22×
Q2 24
1.58×
2.39×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BX
BX

Management and Advisory Fees, Net$1.9B58%
Realized$562.0M17%
Other$368.1M11%
Unrealized$263.2M8%
Incentive Fees$191.8M6%

SHW
SHW

Segment breakdown not available.

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