Shawn Michaels
Penghargaan

American Wrestling Association
AWA World Tag Team Championship (2 x) – dengan Marty Jannetty
Central States Wrestling
NWA Central States Tag Team Championship (1 x) – dengan Marty Jannetty
Continental Wrestling Association
AWA Southern Tag Team Championship (2 x) – dengan Marty Jannetty
Pro Wrestling Illustrated
PWI Feud of the Year (2008) vs. Chris Jericho
PWI Match of the Year (1993) vs. Marty Jannetty di Monday Night Raw pada May 17
PWI Match of the Year (1994) vs. Razor Ramon Ladder match di WrestleMania X
PWI Match of the Year (1995) vs. Diesel di WrestleMania XI
PWI Match of the Year (1996) vs. Bret Hart Iron Man match di WrestleMania XII
PWI Match of the Year (2004) vs. Chris Benoit and Triple H at WrestleMania XXPWI Match of the Year (2005)[179] vs. Kurt Angle at WrestleMania 21
PWI Match of the Year (2006) vs. Vince McMahon in a No Holds Barred match at WrestleMania 22
PWI Match of the Year (2007) vs. John Cena on Raw on April 23
PWI Match of the Year (2008) vs. Ric Flair at WrestleMania XXIV
PWI Match of the Year (2009) vs. The Undertaker at WrestleMania XXV
PWI Match of the Year (2010) vs. The Undertaker in a Career vs. Streak match at WrestleMania XXVI
PWI Most Inspirational Wrestler of the Year (2010)
PWI Most Popular Wrestler of the Year(1995, 1996)
PWI ranked him #1 of the top 500 singles wrestlers of the year in the PWI 500 in 1996
PWI ranked him #10 of the top 500 singles wrestlers of the "PWI Years" in 2003
PWI ranked him #33 of the Top 100 Tag Teams of the "PWI Years" with Marty Jannetty in 2003
Texas All-Star Wrestling
TASW Texas Tag Team Championship (2 times) – with Paul Diamond
Texas Wrestling Alliance
TWA Heavyweight Championship (1 time)
World Wrestling Federation / World Wrestling Entertainment
WWF Championship (3 times)
WWF European Championship (1 time)
WWF Intercontinental Championship (3 times)
WWF/E World Tag Team Championship (5 times) – with Diesel (2), Steve Austin (1), John Cena (1), and Triple H (1)
WWE Tag Team Championship (1 time) – with Triple H (1)
World Heavyweight Championship (1 time)
Royal Rumble (1995, 1996)
Fourth Triple Crown Champion
First Grand Slam Champion
WWE Hall of Fame (Class of 2011)
Slammy Award for Best Slammin' Jammin' Entrance (1996)
Slammy Award for Best Threads (1996)
Slammy Award for Squared Circle Shocker (1996) Won for collapsing; Owen Hart accepts the award for making Michaels collapse
Slammy Award for Master of Mat Mechanics (1996)
Slammy Award for US West Match of the Year (1996) vs. Razor Ramon in a Ladder match at SummerSlam
Slammy Award for Leader of the New Generation (1996)
Slamy Award for Best Finisher (1997)
Slammy Award for US West Match of the Year (1997) vs. Bret Hart in an Iron Man match at WrestleMania XII
Slammy Award for Match of the Year (2008) vs. Ric Flair at WrestleMania XXIV
Slammy Award for Match of the Year (2009) vs. The Undertaker at WrestleMania XXV
Slammy Award for Moment of the Year (2010) vs. The Undertaker at WrestleMania XXVI
Wrestling Observer Newsletter
5 Star Match (1994) vs. Razor Ramon in a Ladder match at WrestleMania X.
5 Star Match (1997) vs. The Undertaker in a Hell in a Cell at Badd Blood.
Best Babyface (1996)
Feud of the Year (2004) vs. Triple H and Chris Benoit
Feud of the Year (2008) vs. Chris Jericho
Match of the Year (1994) vs. Razor Ramon in a Ladder match at WrestleMania X
Match of the Year (2008) vs. Chris Jericho in a Ladder match at No Mercy
Match of the Year (2009) vs. The Undertaker at WrestleMania XXV
Match of the Year (2010) vs. The Undertaker at WrestleMania XXVI
Most Charismatic (1995, 1996)
Tag Team of the Year (1989) with Marty Jannetty as The Rockers
Worst Feud of the Year (2006) with Triple H vs. Shane and Vince McMahon
Wrestling Observer Newsletter Hall of Fame (Class of 2003)