Sherwin Williams (SHW) Capital Expenditures (2009 - 2026)
Sherwin Williams (SHW) posted Capital Expenditures of $108.4 million for Q2 2026, down 40.3% from $181.5 million a year earlier and down 21.6% from the prior quarter.
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Analysis
Sherwin Williams (SHW) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Sherwin Williams was $673.5 million, down 25.7% year-over-year; for FY2025, it came in at $797.6 million, down 25.5% from FY2024.
- Annual Capital Expenditures shows a five-year compound annual growth rate of 21.3% (FY2020 to FY2025).
- In prior years, Sherwin Williams' Capital Expenditures was $1.07 billion in FY2024 (+20.4%), $888.4 million in FY2023 (+37.8%), $644.5 million in FY2022 (+73.3%) and $372 million in FY2021 (+22.4%).
- The Q2 2026 figure stands as the lowest quarterly Capital Expenditures since Q1 2022.
- On a year-over-year basis, Capital Expenditures has declined in each of the last seven quarters, with an average decline of 15.0% over the last eight quarters.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q1 2023, with growth of 97.5%; the weakest was Q2 2026, with a decline of 40.3%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $138.3 million (Q1 2026), $230.4 million (Q4 2025) and $196.4 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.92 Bn | 214.50 Bn | 4.43 Bn | 1.44 Bn |
| 2 | Corning | 114.46 Bn | 107.03 Bn | 1.63 Bn | 422.00 Mn |
| 3 | Sherwin Williams | 80.97 Bn | 80.01 Bn | 3.34 Bn | 108.40 Mn |
| 4 | Air Products & Chemicals | 66.60 Bn | 61.78 Bn | 1.04 Bn | 995.70 Mn |
| 5 | LyondellBasell Industries | 41.19 Bn | 30.70 Bn | 2.04 Bn | 270.00 Mn |
| 6 | Nutrien | 33.79 Bn | 30.61 Bn | 3.25 Bn | -491.00 Mn |
| 7 | Ati | 25.83 Bn | 23.86 Bn | 309.80 Mn | 68.60 Mn |
| 8 | Qnity Electronics | 24.96 Bn | 22.09 Bn | 666.00 Mn | 90.00 Mn |
| 9 | Ppg Industries | 23.98 Bn | 16.63 Bn | 1.81 Bn | 113.00 Mn |
| 10 | International Flavors & Fragrances | 23.16 Bn | 20.82 Bn | 853.00 Mn | 136.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 108.40 Mn |
| Mar 31, 2026 | 138.30 Mn |
| Dec 31, 2025 | 230.40 Mn |
| Sep 30, 2025 | 196.40 Mn |
| Jun 30, 2025 | 181.50 Mn |
| Mar 31, 2025 | 189.30 Mn |
| Dec 31, 2024 | 300.00 Mn |
| Sep 30, 2024 | 235.30 Mn |
| Jun 30, 2024 | 250.90 Mn |
| Mar 31, 2024 | 283.80 Mn |
| Dec 31, 2023 | 319.50 Mn |
| Sep 30, 2023 | 152.90 Mn |
| Jun 30, 2023 | 206.10 Mn |
| Mar 31, 2023 | 209.90 Mn |
| Dec 31, 2022 | 233.80 Mn |
| Sep 30, 2022 | 174.90 Mn |
| Jun 30, 2022 | 129.50 Mn |
| Mar 31, 2022 | 106.30 Mn |
| Dec 31, 2021 | 123.90 Mn |
| Sep 30, 2021 | 96.70 Mn |
API Access
Sherwin Williams Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=SHW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "SHW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=SHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();