Sherwin-WilliamsSHWEarnings & Financial Report
Sherwin-Williams is an American paints and coatings company based in Cleveland, Ohio. It is primarily engaged in the manufacture, distribution, and sale of paints, coatings, floorcoverings, and related products with operations in over 120 countries. As of 2024, it is the largest coatings company in the world by revenue.
SHW Q1 FY2026 Key Financial Metrics
Revenue
$5.7B
Gross Profit
$2.8B
Operating Profit
N/A
Net Profit
$534.7M
Gross Margin
49.1%
Operating Margin
N/A
Net Margin
9.4%
YoY Growth
6.8%
EPS
$2.15
Sherwin-Williams Q1 FY2026 Financial Summary
Sherwin-Williams reported revenue of $5.7B (up 6.8% YoY) for Q1 FY2026, with a net profit of $534.7M (up 6.1% YoY) (9.4% margin). Cost of goods sold was $2.9B.
Key Financial Metrics
| Total Revenue | $5.7B |
|---|---|
| Net Profit | $534.7M |
| Gross Margin | 49.1% |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
Sherwin-Williams Annual Revenue by Year
Sherwin-Williams annual revenue history includes year-by-year totals (for example, 2025 revenue was $23.6B).
Sherwin-Williams Quarterly Revenue & Net Profit History
Sherwin-Williams results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $5.7B | +6.8% | $534.7M | 9.4% |
| Q4 FY2025 | $5.6B | +5.6% | $476.8M | 8.5% |
| Q3 FY2025 | $6.4B | +3.2% | $833.1M | 13.1% |
| Q2 FY2025 | $6.3B | +0.7% | $754.7M | 12.0% |
| Q1 FY2025 | $5.3B | -1.1% | $503.9M | 9.5% |
| Q4 FY2024 | $5.3B | +0.9% | $480.1M | 9.1% |
| Q3 FY2024 | $6.2B | +0.7% | $806.2M | 13.1% |
| Q2 FY2024 | $6.3B | +0.5% | $889.9M | 14.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.27B | $6.16B | $5.30B | $5.31B | $6.31B | $6.36B | $5.60B | $5.67B |
| YoY Growth | 0.5% | 0.7% | 0.9% | -1.1% | 0.7% | 3.2% | 5.6% | 6.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $23.73B | $23.97B | $23.63B | $24.64B | $25.36B | $26.21B | $25.90B | $26.38B |
| Liabilities | $19.98B | $19.81B | $19.58B | $20.51B | $20.96B | $21.78B | $21.30B | $21.95B |
| Equity | $3.75B | $4.16B | $4.05B | $4.13B | $4.40B | $4.43B | $4.60B | $4.43B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $1.20B | $1.07B | $934.5M | $-61.1M | $1.11B | $1.31B | $1.09B |