The Sherwin-Williams Company (SHW)
NYSE: SHW · Real-Time Price · USD
354.64
+0.06 (0.02%)
At close: Jan 30, 2026, 4:00 PM EST
354.12
-0.52 (-0.15%)
After-hours: Jan 30, 2026, 7:00 PM EST

SHW Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
23,57423,09923,05222,14919,945
Revenue Growth (YoY)
2.06%0.20%4.08%11.05%8.62%
Cost of Revenue
12,05911,90312,29412,82411,402
Gross Profit
11,51611,19510,7589,3258,543
Selling, General & Admin
7,6957,4097,0446,3365,886
Other Operating Expenses
23.811.186.3-7.1-4
Operating Expenses
7,7197,4207,1316,3295,882
Operating Income
3,7973,7753,6282,9972,660
Interest Expense
-465-415.7-417.5-390.8-334.7
Interest & Investment Income
11.21125.284.9
Currency Exchange Gain (Loss)
-45.4-3.9-38.7-33.6-12
Other Non Operating Income (Expenses)
14.618.6-16.20.34.1
EBT Excluding Unusual Items
3,3123,3853,1802,5812,323
Merger & Restructuring Charges
---13.9--
Gain (Loss) on Sale of Investments
9.916.922.9-9.730.4
Gain (Loss) on Sale of Assets
3449.9-0.917.8-105.8
Asset Writedown
-17.8--23.9-15.5-
Other Unusual Items
---54.6-1.4
Pretax Income
3,3383,4523,1102,5732,249
Income Tax Expense
769.7770.4721.1553384.2
Earnings From Continuing Operations
2,5692,6812,3892,0201,864
Net Income
2,5692,6812,3892,0201,864
Net Income to Common
2,5692,6812,3892,0201,864
Net Income Growth
-4.21%12.25%18.25%8.35%-8.18%
Shares Outstanding (Basic)
248251255258263
Shares Outstanding (Diluted)
250254258262267
Shares Change (YoY)
-1.46%-1.63%-1.34%-1.98%-3.15%
EPS (Basic)
10.3710.689.357.837.10
EPS (Diluted)
10.2610.559.257.726.98
EPS Growth
-2.75%14.05%19.82%10.60%-5.16%
Free Cash Flow
-2,0832,6341,2751,873
Free Cash Flow Per Share
-8.2010.204.877.01
Dividend Per Share
3.1602.8602.4202.4002.200
Dividend Growth
10.49%18.18%0.83%9.09%23.13%
Gross Margin
48.85%48.47%46.67%42.10%42.83%
Operating Margin
16.11%16.34%15.74%13.53%13.34%
Profit Margin
10.90%11.61%10.36%9.12%9.35%
Free Cash Flow Margin
-9.02%11.42%5.76%9.39%
EBITDA
4,4514,3994,2503,5783,233
EBITDA Margin
18.88%19.05%18.44%16.15%16.21%
D&A For EBITDA
654624622.5581.1572.6
EBIT
3,7973,7753,6282,9972,660
EBIT Margin
16.11%16.34%15.74%13.53%13.34%
Effective Tax Rate
23.06%22.32%23.19%21.49%17.09%
Advertising Expenses
-386.9394314.4311.9
Updated Jan 29, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q