The Sherwin-Williams Company (SHW)
NYSE: SHW · Real-Time Price · USD
326.01
-9.15 (-2.73%)
At close: Oct 27, 2026, 4:00 PM EDT
329.14
+3.13 (0.96%)
Pre-market: Oct 28, 2026, 5:13 AM EDT
SHW Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | 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 |
| 6,860 | 6,789 | 5,667 | 5,596 | 6,358 | 6,315 | 5,306 | 5,297 | 6,163 | 6,272 | 5,367 | 5,252 | 6,117 | 6,241 | 5,442 | 5,231 | 6,047 | 5,872 | 4,999 | 4,762 | |
Revenue Growth (YoY) | 7.89% | 7.52% | 6.81% | 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% |
Cost of Revenue | 3,583 | 3,451 | 2,886 | 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 |
Gross Profit | 3,277 | 3,338 | 2,781 | 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 |
Selling, General & Admin | 2,069 | 2,104 | 1,970 | 1,934 | 1,949 | 2,008 | 1,790 | 1,885 | 1,889 | 1,841 | 1,795 | 1,850 | 1,751 | 1,755 | 1,688 | 1,640 | 1,611 | 1,599 | 1,486 | 1,441 |
Amortization of Goodwill & Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 76.3 |
Other Operating Expenses | 2.8 | 3.3 | 8.2 | -13.9 | 19.1 | 7.6 | 11 | 16.8 | 2.7 | -13.8 | 5.4 | 18.2 | 49.2 | 3.8 | 15.1 | -18.2 | 6.4 | 4.1 | 0.6 | -9.5 |
Operating Expenses | 2,072 | 2,108 | 1,978 | 1,920 | 1,969 | 2,016 | 1,801 | 1,901 | 1,892 | 1,827 | 1,800 | 1,868 | 1,801 | 1,759 | 1,703 | 1,622 | 1,617 | 1,603 | 1,487 | 1,508 |
Operating Income | 1,205 | 1,231 | 802.6 | 792.5 | 1,157 | 1,103 | 757.7 | 671.9 | 1,136 | 1,236 | 730.7 | 680.3 | 1,116 | 1,114 | 717.9 | 612.1 | 972.3 | 846.3 | 565.9 | 371.7 |
Interest Expense | -139.3 | -135.9 | -131.6 | -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 |
Interest & Investment Income | 5.9 | 5.4 | 2.8 | 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 |
Currency Exchange Gain (Loss) | -16.6 | -0.3 | 5.8 | -15.7 | -6.6 | -13.1 | -10 | 5.9 | -6.8 | 4.6 | -7.6 | -14 | -1.1 | -16.8 | -6.8 | -4.1 | -19.2 | -6.2 | -4.1 | -1.6 |
Other Non Operating Income (Expenses) | 10.6 | 3.2 | 1.6 | -2.4 | 4.8 | -1.3 | 0.5 | 4.1 | -9.5 | 18.7 | 5.3 | -23.3 | 3.4 | 2 | 1.7 | 2 | 3 | -0.1 | -4.6 | 37.7 |
EBT Excluding Unusual Items | 1,066 | 1,103 | 681.2 | 645.7 | 1,041 | 978.1 | 647.7 | 584.8 | 1,019 | 1,150 | 631.5 | 557.8 | 1,021 | 994.3 | 607 | 504.9 | 857.5 | 748.4 | 469.7 | 325.9 |
Merger & Restructuring Charges | - | - | - | -17.8 | - | - | - | - | - | - | - | -13.9 | - | - | - | -15.5 | - | - | - | - |
Gain (Loss) on Sale of Investments | - | 9.7 | -3.3 | 4.3 | -3.9 | 6.3 | 3.2 | 6.1 | 1.9 | 3.8 | 5.1 | 3.7 | 0.5 | 15.5 | 3.2 | 6.3 | -1.1 | -8.2 | -6.7 | -18.3 |
Gain (Loss) on Sale of Assets | -2.4 | -0.1 | 1.9 | 6.8 | 23.8 | 1.3 | 2.1 | 24.7 | 2 | 19.8 | 3.4 | 4.9 | -12.7 | 36.3 | 4.6 | -0.8 | 20.8 | -0.3 | -1.9 | -0.1 |
Asset Writedown | - | - | - | - | - | - | - | - | - | - | - | -23.9 | - | -34 | - | - | - | - | - | - |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | -54.6 | - | - | - | - | - | - | - | 1.4 |
Pretax Income | 1,064 | 1,113 | 679.8 | 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 |
Income Tax Expense | 242.5 | 268.9 | 145.1 | 162.2 | 227.4 | 231 | 149.1 | 135.5 | 216.6 | 283.5 | 134.8 | 117.8 | 247.5 | 218.4 | 137.4 | 108.6 | 192.1 | 162 | 90.3 | 4.9 |
Earnings From Continuing Operations | 821 | 843.6 | 534.7 | 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 |
Net Income | 821 | 843.6 | 534.7 | 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 |
Net Income to Common | 821 | 843.6 | 534.7 | 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 |
Net Income Growth (YoY) | -1.45% | 11.78% | 6.11% | -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% |
Shares Outstanding (Basic) | 241 | 244 | 246 | 246 | 246 | 248 | 249 | 250 | 251 | 251 | 253 | 254 | 255 | 256 | 257 | 258 | 258 | 258 | 259 | 260 |
Shares Outstanding (Diluted) | 243 | 246 | 248 | 249 | 249 | 251 | 253 | 253 | 254 | 254 | 256 | 257 | 258 | 259 | 260 | 260 | 261 | 262 | 263 | 265 |
Shares Change (YoY) | -2.49% | -2.11% | -1.74% | -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% |
EPS (Basic) | 3.41 | 3.46 | 2.18 | 1.94 | 3.38 | 3.04 | 2.02 | 1.92 | 3.22 | 3.55 | 2.00 | 1.40 | 2.99 | 3.10 | 1.86 | 1.50 | 2.66 | 2.24 | 1.43 | 1.17 |
EPS (Diluted) | 3.38 | 3.43 | 2.15 | 1.92 | 3.35 | 3.00 | 2.00 | 1.89 | 3.18 | 3.50 | 1.97 | 1.39 | 2.95 | 3.07 | 1.84 | 1.49 | 2.62 | 2.21 | 1.41 | 1.15 |
EPS Growth (YoY) | 0.90% | 14.33% | 7.50% | 1.37% | 5.35% | -14.29% | 1.52% | 35.72% | 7.80% | 14.01% | 7.07% | -6.46% | 12.60% | 38.91% | 30.50% | 29.55% | 39.36% | -8.68% | -6.62% | -22.45% |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | 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 |
Free Cash Flow | - | 1,239 | 0.8 | 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 |
Free Cash Flow Per Share | - | 5.04 | 0.00 | 3.46 | 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 | 0.27 |
Dividend Per Share | 0.800 | 0.800 | 0.800 | 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 |
Dividend Growth (YoY) | 1.27% | 1.27% | 1.27% | 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% |
Gross Margin | 47.77% | 49.17% | 49.07% | 48.48% | 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% |
Operating Margin | 17.57% | 18.12% | 14.16% | 14.16% | 18.20% | 17.46% | 14.28% | 12.68% | 18.43% | 19.71% | 13.61% | 12.95% | 18.24% | 17.84% | 13.19% | 11.70% | 16.08% | 14.41% | 11.32% | 7.80% |
Profit Margin | 11.97% | 12.43% | 9.44% | 8.52% | 13.10% | 11.95% | 9.50% | 9.06% | 13.08% | 14.19% | 9.41% | 6.78% | 12.45% | 12.72% | 8.77% | 7.39% | 11.33% | 9.84% | 7.42% | 6.38% |
Free Cash Flow Margin | - | 18.25% | 0.01% | 15.41% | 17.48% | 14.74% | -4.72% | 11.98% | 13.62% | 15.18% | -6.39% | 11.41% | 18.90% | 16.03% | -2.24% | 7.79% | 7.68% | 8.24% | -1.60% | 1.47% |
EBITDA | 1,392 | 1,417 | 989.4 | 978.9 | 1,324 | 1,265 | 918.6 | 833.8 | 1,292 | 1,390 | 883.9 | 834.6 | 1,271 | 1,272 | 872 | 760.6 | 1,118 | 989.6 | 709.4 | 511.3 |
EBITDA Margin | 20.29% | 20.87% | 17.46% | 17.49% | 20.82% | 20.04% | 17.31% | 15.74% | 20.96% | 22.16% | 16.47% | 15.89% | 20.78% | 20.39% | 16.02% | 14.54% | 18.49% | 16.85% | 14.19% | 10.74% |
D&A For EBITDA | 186.4 | 186.4 | 186.8 | 186.4 | 166.9 | 162.7 | 160.9 | 161.9 | 155.6 | 153.3 | 153.2 | 154.3 | 155.4 | 158.7 | 154.1 | 148.5 | 145.8 | 143.3 | 143.5 | 139.6 |
EBIT | 1,205 | 1,231 | 802.6 | 792.5 | 1,157 | 1,103 | 757.7 | 671.9 | 1,136 | 1,236 | 730.7 | 680.3 | 1,116 | 1,114 | 717.9 | 612.1 | 972.3 | 846.3 | 565.9 | 371.7 |
EBIT Margin | 17.57% | 18.12% | 14.16% | 14.16% | 18.20% | 17.46% | 14.28% | 12.68% | 18.43% | 19.71% | 13.61% | 12.95% | 18.24% | 17.84% | 13.19% | 11.70% | 16.08% | 14.41% | 11.32% | 7.80% |
Effective Tax Rate | 22.80% | 24.17% | 21.34% | 25.38% | 21.44% | 23.43% | 22.83% | 22.01% | 21.18% | 24.16% | 21.06% | 24.85% | 24.53% | 21.58% | 22.35% | 21.94% | 21.90% | 21.89% | 19.58% | 1.59% |