The Sherwin-Williams Company (SHW)
NYSE: SHW · Real-Time Price · USD
321.12
-1.59 (-0.49%)
Mar 17, 2026, 1:49 PM EDT - Market open
SHW Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
| 5,596 | 6,358 | 6,315 | 5,306 | 5,297 | 6,163 | 6,272 | 5,367 | 5,252 | 6,117 | 6,241 | 5,442 | 5,230 | 6,047 | 5,872 | 4,999 | 4,762 | 5,147 | 5,380 | 4,656 | |
Revenue Growth (YoY) | 5.64% | 3.18% | 0.69% | -1.15% | 0.86% | 0.75% | 0.50% | -1.38% | 0.41% | 1.15% | 6.27% | 8.88% | 9.84% | 17.50% | 9.16% | 7.36% | 6.09% | 0.48% | 16.85% | 12.28% |
Cost of Revenue | 2,883 | 3,233 | 3,196 | 2,747 | 2,724 | 3,135 | 3,208 | 2,836 | 2,704 | 3,201 | 3,368 | 3,022 | 2,997 | 3,458 | 3,423 | 2,946 | 2,882 | 3,007 | 2,968 | 2,544 |
Gross Profit | 2,713 | 3,126 | 3,118 | 2,559 | 2,573 | 3,028 | 3,063 | 2,531 | 2,549 | 2,916 | 2,872 | 2,421 | 2,234 | 2,589 | 2,449 | 2,053 | 1,880 | 2,140 | 2,411 | 2,112 |
Selling, General & Admin | 1,937 | 1,953 | 2,012 | 1,794 | 1,883 | 1,894 | 1,846 | 1,800 | 1,856 | 1,757 | 1,760 | 1,693 | 1,639 | 1,610 | 1,598 | 1,486 | 1,440 | 1,369 | 1,438 | 1,326 |
Depreciation & Amortization Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 76.3 | 76.2 | 77.8 | 79.2 |
Other Operating Expenses | -2.9 | -4.7 | 6.3 | 8.9 | -7.9 | 0.7 | -33.6 | 2 | 51.1 | 61.9 | 34 | 10.5 | -1.9 | -14.4 | 4.4 | 2.5 | -9.4 | -1.1 | -5.2 | 117.5 |
Total Operating Expenses | 1,934 | 1,948 | 2,018 | 1,803 | 1,875 | 1,894 | 1,812 | 1,802 | 1,907 | 1,818 | 1,794 | 1,704 | 1,637 | 1,596 | 1,602 | 1,488 | 1,507 | 1,444 | 1,510 | 1,523 |
Operating Income | 778.7 | 1,177 | 1,100 | 756.4 | 698.2 | 1,133 | 1,251 | 729.2 | 641.7 | 1,098 | 1,078 | 717.4 | 597.1 | 993.9 | 847 | 564.9 | 372.9 | 695.6 | 901 | 589.4 |
Interest Income | 2.9 | 2.6 | 2.4 | 3.3 | 1.4 | 2.6 | 0.9 | 6.1 | 9.4 | 5.1 | 7.2 | 3.5 | 3.2 | 2.6 | 1.3 | 0.9 | 3 | 0.7 | 0.6 | 0.6 |
Interest Expense | -131.6 | -117.2 | -112.4 | -103.8 | -98.5 | -103.4 | -110.8 | -103 | -94.6 | -101.9 | -111.7 | -109.3 | -108.3 | -101.2 | -92.9 | -88.4 | -84.9 | -83.1 | -83.5 | -83.2 |
Other Non-Operating Income (Expense) | 9.7 | -2.3 | -4.7 | -2.9 | 22.4 | -9.5 | 32 | 7.7 | -82.5 | 8 | 38.3 | 3.2 | 2.9 | -18.1 | -15.5 | -16.3 | 17.9 | -1.7 | 1.1 | 2.2 |
Total Non-Operating Income (Expense) | -119 | -116.9 | -114.7 | -103.4 | -74.7 | -110.3 | -77.9 | -89.2 | -167.7 | -88.8 | -66.2 | -102.6 | -102.2 | -116.7 | -107.1 | -103.8 | -64 | -84.1 | -81.8 | -80.4 |
Pretax Income | 639 | 1,061 | 985.7 | 653 | 615.6 | 1,023 | 1,173 | 640 | 474 | 1,009 | 1,012 | 614.8 | 494.9 | 877.2 | 739.9 | 461.1 | 308.9 | 611.5 | 819.2 | 509 |
Provision for Income Taxes | 162.2 | - | 231 | 149.1 | 135.5 | - | 283.5 | 134.8 | 117.8 | 247.5 | 218.4 | 137.4 | 108.6 | 192.1 | 162 | 90.3 | 4.9 | 109.3 | 170.6 | 99.4 |
Net Income | 476.8 | 833.1 | 754.7 | 503.9 | 480.1 | 806.2 | 889.9 | 505.2 | 356.2 | 761.5 | 793.7 | 477.4 | 386.3 | 685.1 | 577.9 | 370.8 | 304 | 502.2 | 648.6 | 409.6 |
Earnings From Discontinued Operations | - | 227.4 | - | - | - | 216.6 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income to Common | 476.8 | 833.1 | 754.7 | 503.9 | 480.1 | 806.2 | 889.9 | 505.2 | 356.2 | 761.5 | 793.7 | 477.4 | 386.3 | 685.1 | 577.9 | 370.8 | 304 | 502.2 | 648.6 | 409.6 |
Net Income Growth | -0.69% | 3.34% | -15.19% | -0.26% | 34.78% | 5.87% | 12.12% | 5.82% | -7.79% | 11.15% | 37.34% | 28.75% | 27.07% | 36.42% | -10.90% | -9.47% | -25.31% | -28.85% | 8.84% | 27.32% |
Shares Outstanding (Basic) | 246 | 246 | 248 | 249 | 250 | 251 | 251 | 253 | 254 | 255 | 256 | 257 | 258 | 258 | 258 | 259 | 260 | 262 | 263 | 266 |
Shares Outstanding (Diluted) | 249 | 249 | 251 | 253 | 253 | 254 | 254 | 256 | 257 | 258 | 259 | 260 | 260 | 261 | 262 | 263 | 265 | 267 | 268 | 271 |
Shares Change (YoY) | -1.74% | -1.93% | -1.14% | -1.29% | -1.44% | -1.74% | -1.81% | -1.50% | -1.34% | -1.03% | -1.11% | -1.29% | -1.59% | -2.06% | -2.24% | -2.77% | -3.36% | -3.51% | -2.94% | -2.87% |
EPS (Basic) | 1.94 | 3.38 | 3.04 | 2.02 | 1.92 | 3.22 | 3.55 | 2.00 | 1.40 | 2.98 | 3.10 | 1.86 | 1.50 | 2.66 | 2.24 | 1.43 | 1.17 | 1.92 | 2.47 | 1.54 |
EPS (Diluted) | 1.92 | 3.35 | 3.00 | 2.00 | 1.90 | 3.18 | 3.50 | 1.97 | 1.39 | 2.95 | 3.07 | 1.84 | 1.48 | 2.62 | 2.21 | 1.41 | 1.15 | 1.88 | 2.42 | 1.51 |
EPS Growth | 1.05% | 5.35% | -14.29% | 1.52% | 36.69% | 7.80% | 14.01% | 7.07% | -6.08% | 12.60% | 38.91% | 30.50% | 28.70% | 39.36% | -8.68% | -6.62% | -22.82% | -26.27% | 12.04% | 31.30% |
Free Cash Flow | 862.1 | 1,111 | 931.1 | -250.4 | 634.5 | 839.4 | 952 | -342.7 | 599.1 | 1,156 | 1,000 | -121.7 | 407.2 | 464.3 | 483.9 | -80 | 70 | 752.7 | 918.5 | 131.4 |
Free Cash Flow Growth | 35.87% | 32.38% | -2.20% | - | 5.91% | -27.38% | -4.83% | - | 47.13% | 148.93% | 106.72% | - | 481.71% | -38.31% | -47.32% | - | -90.47% | -47.65% | -6.66% | - |
Free Cash Flow Per Share | 3.47 | 4.46 | 3.71 | -0.99 | 2.51 | 3.31 | 3.75 | -1.34 | 2.33 | 4.47 | 3.86 | -0.47 | 1.56 | 1.78 | 1.85 | -0.30 | 0.26 | 2.82 | 3.43 | 0.49 |
Dividends Per Share | 0.790 | 0.790 | 0.790 | 0.790 | 0.715 | 0.715 | 0.715 | 0.715 | 0.605 | 0.605 | 0.605 | 0.605 | 0.600 | 0.600 | 0.600 | 0.600 | 0.550 | 0.550 | 0.550 | 0.550 |
Dividend Growth | 10.49% | 10.49% | 10.49% | 10.49% | 18.18% | 18.18% | 18.18% | 18.18% | 0.83% | 0.83% | 0.83% | 0.83% | 9.09% | 9.09% | 9.09% | 9.09% | 23.15% | 23.13% | 23.13% | 23.13% |
Gross Margin | 48.47% | 49.16% | 49.38% | 48.23% | 48.58% | 49.13% | 48.85% | 47.16% | 48.53% | 47.68% | 46.03% | 44.48% | 42.71% | 42.82% | 41.70% | 41.07% | 39.47% | 41.57% | 44.82% | 45.36% |
Operating Margin | 13.92% | 18.52% | 17.43% | 14.26% | 13.18% | 18.39% | 19.95% | 13.59% | 12.22% | 17.95% | 17.28% | 13.18% | 11.42% | 16.44% | 14.42% | 11.30% | 7.83% | 13.52% | 16.75% | 12.66% |
Profit Margin | 8.52% | 16.68% | 11.95% | 9.50% | 9.06% | 16.60% | 14.19% | 9.41% | 6.78% | 12.45% | 12.72% | 8.77% | 7.39% | 11.33% | 9.84% | 7.42% | 6.38% | 9.76% | 12.06% | 8.80% |
FCF Margin | 15.41% | 17.48% | 14.75% | -4.72% | 11.98% | 13.62% | 15.18% | -6.38% | 11.41% | 18.90% | 16.03% | -2.24% | 7.79% | 7.68% | 8.24% | -1.60% | 1.47% | 14.62% | 17.07% | 2.82% |
EBITDA | 1,113 | 1,489 | 1,431 | 1,069 | 988.3 | 1,424 | 1,540 | 1,019 | 920.4 | 1,382 | 1,373 | 999.9 | 858.8 | 1,252 | 1,101 | 830.6 | 618.2 | 937.4 | 1,149 | 833 |
EBITDA Margin | 19.88% | 23.42% | 22.67% | 20.16% | 18.66% | 23.10% | 24.56% | 18.99% | 17.52% | 22.60% | 22.01% | 18.37% | 16.42% | 20.70% | 18.75% | 16.62% | 12.98% | 18.21% | 21.35% | 17.89% |
EBIT | 778.7 | 1,177 | 1,100 | 756.4 | 698.2 | 1,133 | 1,251 | 729.2 | 641.7 | 1,098 | 1,078 | 717.4 | 597.1 | 993.9 | 847 | 564.9 | 372.9 | 695.6 | 901 | 589.4 |
EBIT Margin | 13.92% | 18.52% | 17.43% | 14.26% | 13.18% | 18.39% | 19.95% | 13.59% | 12.22% | 17.95% | 17.28% | 13.18% | 11.42% | 16.44% | 14.42% | 11.30% | 7.83% | 13.52% | 16.75% | 12.66% |
Effective Tax Rate | 25.38% | 0.00% | 23.44% | 22.83% | 22.01% | 0.00% | 24.16% | 21.06% | 24.85% | 24.53% | 21.58% | 22.35% | 21.94% | 21.90% | 21.89% | 19.58% | 1.59% | 17.87% | 20.83% | 19.53% |
Updated Jan 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.