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Side-by-side financial comparison of Sherwin-Williams (SHW) and WORLD KINECT CORP (WKC). Click either name above to swap in a different company.

WORLD KINECT CORP is the larger business by last-quarter revenue ($9.7B vs $5.7B, roughly 1.7× Sherwin-Williams). Sherwin-Williams runs the higher net margin — 9.4% vs -0.0%, a 9.4% gap on every dollar of revenue. On growth, Sherwin-Williams posted the faster year-over-year revenue change (6.8% vs 2.0%). Over the past eight quarters, Sherwin-Williams's revenue compounded faster (-4.9% CAGR vs -6.0%).

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.

World Kinect Corporation, formerly known as World Fuel Services Corporation, is an energy, commodities, and services company based in Doral, Florida. The company ranked No. 70 in the 2022 Fortune 500 list of the largest United States corporations. WKC focuses on the marketing, trading, and financing of aviation, marine, building, and ground transportation energy commodities and related services. As of 2013, WKC also operates in natural gas and power.

SHW vs WKC — Head-to-Head

Bigger by revenue
WKC
WKC
1.7× larger
WKC
$9.7B
$5.7B
SHW
Growing faster (revenue YoY)
SHW
SHW
+4.8% gap
SHW
6.8%
2.0%
WKC
Higher net margin
SHW
SHW
9.4% more per $
SHW
9.4%
-0.0%
WKC
Faster 2-yr revenue CAGR
SHW
SHW
Annualised
SHW
-4.9%
-6.0%
WKC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
SHW
SHW
WKC
WKC
Revenue
$5.7B
$9.7B
Net Profit
$534.7M
$-700.0K
Gross Margin
49.1%
2.8%
Operating Margin
97.8%
Net Margin
9.4%
-0.0%
Revenue YoY
6.8%
2.0%
Net Profit YoY
6.1%
224.2%
EPS (diluted)
$2.15
$0.50

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
SHW
SHW
WKC
WKC
Q1 26
$5.7B
$9.7B
Q4 25
$5.6B
$9.0B
Q3 25
$6.4B
$9.4B
Q2 25
$6.3B
$9.0B
Q1 25
$5.3B
$9.5B
Q4 24
$5.3B
$9.8B
Q3 24
$6.2B
$10.5B
Q2 24
$6.3B
$11.0B
Net Profit
SHW
SHW
WKC
WKC
Q1 26
$534.7M
$-700.0K
Q4 25
$476.8M
$-279.6M
Q3 25
$833.1M
$25.7M
Q2 25
$754.7M
$-339.4M
Q1 25
$503.9M
$-21.1M
Q4 24
$480.1M
$-101.8M
Q3 24
$806.2M
$33.5M
Q2 24
$889.9M
$108.3M
Gross Margin
SHW
SHW
WKC
WKC
Q1 26
49.1%
2.8%
Q4 25
48.5%
2.6%
Q3 25
49.2%
2.7%
Q2 25
49.4%
2.6%
Q1 25
48.2%
2.4%
Q4 24
48.6%
2.7%
Q3 24
49.1%
2.6%
Q2 24
48.8%
2.2%
Operating Margin
SHW
SHW
WKC
WKC
Q1 26
97.8%
Q4 25
11.4%
-3.1%
Q3 25
16.7%
0.7%
Q2 25
15.6%
-3.8%
Q1 25
12.3%
-0.1%
Q4 24
11.6%
0.3%
Q3 24
21.4%
0.7%
Q2 24
22.5%
0.4%
Net Margin
SHW
SHW
WKC
WKC
Q1 26
9.4%
-0.0%
Q4 25
8.5%
-3.1%
Q3 25
13.1%
0.3%
Q2 25
12.0%
-3.8%
Q1 25
9.5%
-0.2%
Q4 24
9.1%
-1.0%
Q3 24
13.1%
0.3%
Q2 24
14.2%
1.0%
EPS (diluted)
SHW
SHW
WKC
WKC
Q1 26
$2.15
$0.50
Q4 25
$1.91
$-5.02
Q3 25
$3.35
$0.46
Q2 25
$3.00
$-6.06
Q1 25
$2.00
$-0.37
Q4 24
$1.90
$-1.70
Q3 24
$3.18
$0.57
Q2 24
$3.50
$1.81

Balance Sheet & Financial Strength

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

Metric
SHW
SHW
WKC
WKC
Cash + ST InvestmentsLiquidity on hand
$216.9K
$151.1M
Total DebtLower is stronger
$11.7M
$798.7M
Stockholders' EquityBook value
$4.4M
$1.2B
Total Assets
$26.4M
$6.8B
Debt / EquityLower = less leverage
2.64×
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SHW
SHW
WKC
WKC
Q1 26
$216.9K
$151.1M
Q4 25
$207.2M
$193.5M
Q3 25
$241.5M
$473.6M
Q2 25
$269.8M
$403.2M
Q1 25
$199.8M
$456.4M
Q4 24
$210.4M
$382.9M
Q3 24
$238.2M
$373.8M
Q2 24
$200.0M
$524.6M
Total Debt
SHW
SHW
WKC
WKC
Q1 26
$11.7M
$798.7M
Q4 25
$9.7B
$685.2M
Q3 25
$9.7B
$766.6M
Q2 25
$9.0B
$775.2M
Q1 25
$9.0B
$792.3M
Q4 24
$9.2B
$796.8M
Q3 24
$9.2B
$798.0M
Q2 24
$9.0B
$797.8M
Stockholders' Equity
SHW
SHW
WKC
WKC
Q1 26
$4.4M
$1.2B
Q4 25
$4.6B
$1.3B
Q3 25
$4.4B
$1.6B
Q2 25
$4.4B
$1.6B
Q1 25
$4.1B
$1.9B
Q4 24
$4.1B
$1.9B
Q3 24
$4.2B
$2.0B
Q2 24
$3.8B
$2.0B
Total Assets
SHW
SHW
WKC
WKC
Q1 26
$26.4M
$6.8B
Q4 25
$25.9B
$5.9B
Q3 25
$26.2B
$6.1B
Q2 25
$25.4B
$6.1B
Q1 25
$24.6B
$6.6B
Q4 24
$23.6B
$6.7B
Q3 24
$24.0B
$7.0B
Q2 24
$23.7B
$7.2B
Debt / Equity
SHW
SHW
WKC
WKC
Q1 26
2.64×
0.66×
Q4 25
2.10×
0.53×
Q3 25
2.18×
0.47×
Q2 25
2.04×
0.48×
Q1 25
2.17×
0.41×
Q4 24
2.28×
0.41×
Q3 24
2.22×
0.39×
Q2 24
2.39×
0.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SHW
SHW
WKC
WKC
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-60.2M
FCF MarginFCF / Revenue
-0.6%
Capex IntensityCapex / Revenue
2.4%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$67.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SHW
SHW
WKC
WKC
Q1 26
Q4 25
$1.1B
$34.2M
Q3 25
$1.3B
$116.1M
Q2 25
$1.1B
$28.2M
Q1 25
$-61.1M
$114.4M
Q4 24
$934.5M
$120.3M
Q3 24
$1.1B
$-38.5M
Q2 24
$1.2B
$67.9M
Free Cash Flow
SHW
SHW
WKC
WKC
Q1 26
$-60.2M
Q4 25
$862.1M
$12.9M
Q3 25
$1.1B
$102.0M
Q2 25
$931.1M
$13.2M
Q1 25
$-250.4M
$99.2M
Q4 24
$634.5M
$102.4M
Q3 24
$839.4M
$-56.7M
Q2 24
$952.0M
$53.3M
FCF Margin
SHW
SHW
WKC
WKC
Q1 26
-0.6%
Q4 25
15.4%
0.1%
Q3 25
17.5%
1.1%
Q2 25
14.7%
0.1%
Q1 25
-4.7%
1.0%
Q4 24
12.0%
1.0%
Q3 24
13.6%
-0.5%
Q2 24
15.2%
0.5%
Capex Intensity
SHW
SHW
WKC
WKC
Q1 26
2.4%
0.1%
Q4 25
4.1%
0.2%
Q3 25
3.1%
0.2%
Q2 25
2.9%
0.2%
Q1 25
3.6%
0.2%
Q4 24
5.7%
0.2%
Q3 24
3.8%
0.2%
Q2 24
4.0%
0.1%
Cash Conversion
SHW
SHW
WKC
WKC
Q1 26
Q4 25
2.29×
Q3 25
1.57×
4.52×
Q2 25
1.47×
Q1 25
-0.12×
Q4 24
1.95×
Q3 24
1.33×
-1.15×
Q2 24
1.35×
0.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SHW
SHW

Segment breakdown not available.

WKC
WKC

Aviation segment$5.0B52%
Land segment$2.6B27%
Marine segment$2.1B21%

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