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GrowGeneration vs Sherwin Williams: revenue, profit, margins and growth compared

GrowGeneration brought in $161.7M of revenue in fiscal 2025, Sherwin Williams $23.6B in fiscal 2025. Revenue changed by -14.4% at GrowGeneration and +2.1% at Sherwin Williams on the year before, so Sherwin Williams grew faster. GrowGeneration kept -14.9% of its revenue as net profit, Sherwin Williams 10.9%.

Side by side, latest fiscal year

GRWGSHW
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$161.7M$23.6B
Revenue growth-14.4%+2.1%
Net income-$24M$2.6B
Net margin-14.9%10.9%
Free cash flown/a$2.7B
Free cash flow marginn/a11.3%
Earnings per share (diluted)-$0.40$10.26
Cash$30.4M$207.2M
Debtn/a$9.7B
Price to earningsn/a32.1
Market value$91.9M$79.9B
Dividend yieldn/a0.96%
Rank by revenue in sector#671 of 778 · Consumer discretionary#47 of 778 · Consumer discretionary

Over the years

Revenue
GRWG FY2018: $29MGRWG FY2019: $79.7MGRWG FY2020: $193.4MGRWG FY2021: $422.5MGRWG FY2022: $278.2MGRWG FY2023: $225.9MGRWG FY2024: $188.9MGRWG FY2025: $161.7MSHW FY2018: $17.5BSHW FY2019: $17.9BSHW FY2020: $18.4BSHW FY2021: $19.9BSHW FY2022: $22.1BSHW FY2023: $23.1BSHW FY2024: $23.1BSHW FY2025: $23.6BFY18FY19FY20FY21FY22FY23FY24FY25
GRWG $161.7MSHW $23.6B
Net income
GRWG FY2018: -$5.1MGRWG FY2019: $1.3MGRWG FY2020: $5.3MGRWG FY2021: $12.8MGRWG FY2022: -$163.7MGRWG FY2023: -$46.5MGRWG FY2024: -$49.5MGRWG FY2025: -$24MSHW FY2018: $1.1BSHW FY2019: $1.5BSHW FY2020: $2BSHW FY2021: $1.9BSHW FY2022: $2BSHW FY2023: $2.4BSHW FY2024: $2.7BSHW FY2025: $2.6BFY18FY19FY20FY21FY22FY23FY24FY25
GRWG -$24MSHW $2.6B
Net margin
GRWG FY2018: -17.5%GRWG FY2019: 1.7%GRWG FY2020: 2.8%GRWG FY2021: 3.0%GRWG FY2022: -58.9%GRWG FY2023: -20.6%GRWG FY2024: -26.2%GRWG FY2025: -14.9%SHW FY2018: 6.3%SHW FY2019: 8.6%SHW FY2020: 11.1%SHW FY2021: 9.3%SHW FY2022: 9.1%SHW FY2023: 10.4%SHW FY2024: 11.6%SHW FY2025: 10.9%FY18FY19FY20FY21FY22FY23FY24FY25
GRWG -14.9%SHW 10.9%
Revenue growth
GRWG FY2019: +174.9%GRWG FY2020: +142.5%GRWG FY2021: +118.5%GRWG FY2022: -34.2%GRWG FY2023: -18.8%GRWG FY2024: -16.4%GRWG FY2025: -14.4%SHW FY2019: +2.1%SHW FY2020: +2.6%SHW FY2021: +8.6%SHW FY2022: +11.1%SHW FY2023: +4.1%SHW FY2024: +0.2%SHW FY2025: +2.1%FY19FY20FY21FY22FY23FY24FY25
GRWG -14.4%SHW +2.1%
Free cash flow
GRWG FY2018: -$1.6MSHW FY2018: $1.7BSHW FY2019: $2BSHW FY2020: $3.1BSHW FY2021: $1.9BSHW FY2022: $1.3BSHW FY2023: $2.6BSHW FY2024: $2.1BSHW FY2025: $2.7BFY18FY19FY20FY21FY22FY23FY24FY25
GRWG -$1.6MSHW $2.7B

Fiscal years as each company reports them; the two may end in different months.

Questions about GrowGeneration and Sherwin Williams

Which is bigger by revenue, GrowGeneration or Sherwin Williams?

Sherwin Williams is bigger by revenue: $23.6B in fiscal 2025, against $161.7M for GrowGeneration in fiscal 2025.

Which keeps more of its revenue as profit, GrowGeneration or Sherwin Williams?

GrowGeneration had a net margin of -14.9% in fiscal 2025; Sherwin Williams had 10.9% in fiscal 2025.

Which grew revenue faster, GrowGeneration or Sherwin Williams?

In their latest fiscal years revenue changed by -14.4% at GrowGeneration and +2.1% at Sherwin Williams.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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