Sherwin Williams (SHW) Cost of Revenue (2009 - 2026)

Sherwin Williams (SHW) recorded quarterly Cost of Revenue of $2.9 billion in Q1 2026, little changed quarter-over-quarter from $2.9 billion in Q4 2025, and up 5.09% on a YoY basis from $2.7 billion in Q1 2025.

Sherwin Williams (SHW) Cost of Revenue (2009 - 2026) Analysis & Trends

Sherwin Williams' Cost of Revenue history runs 18 years deep, the most recent figure standing at $2.9 billion for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 5.09% year-over-year to $2.9 billion; the TTM figure through Mar 2026 stood at $12.2 billion (up 3.26% YoY), while the FY2025 annual figure was $12.1 billion, up 1.31% from the prior year.
  • Cost of Revenue was $2.9 billion for Q1 2026 at Sherwin Williams, roughly flat from $2.9 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $3.5 billion in Q3 2022 to a low of $2.7 billion in Q4 2023.
  • Historically, Cost of Revenue has averaged $3.1 billion across 5 years, with a median of $3.0 billion in 2023.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue increased 15.79% in 2022, then declined 9.78% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $3.0 billion in 2022, then decreased by 9.78% to $2.7 billion in 2023, then grew by 0.76% to $2.7 billion in 2024, then advanced by 5.85% to $2.9 billion in 2025, then grew by 0.11% to $2.9 billion in 2026.
  • The last three Cost of Revenue figures came in at $2.9 billion (Q1 2026), $2.9 billion (Q4 2025), and $3.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 4.52 Bn
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn 981.50 Mn
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn 2.89 Bn
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn 2.35 Bn
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 2.18 Bn
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn 2.28 Bn
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 1.72 Bn
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 1.08 Bn
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn 6.50 Bn
10 Albemarle 18.85 Bn 18.02 Bn 500.97 Mn 927.77 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.89 Bn
Mar 31, 2026 2.89 Bn
Dec 31, 2025 2.88 Bn
Dec 31, 2025 2.88 Bn
Sep 30, 2025 3.23 Bn
Sep 30, 2025 3.23 Bn
Jun 30, 2025 3.20 Bn
Jun 30, 2025 3.20 Bn
Mar 31, 2025 2.75 Bn
Mar 31, 2025 2.75 Bn
Dec 31, 2024 2.72 Bn
Dec 31, 2024 2.72 Bn
Sep 30, 2024 3.14 Bn
Sep 30, 2024 3.14 Bn
Jun 30, 2024 3.21 Bn
Jun 30, 2024 3.21 Bn
Mar 31, 2024 2.84 Bn
Mar 31, 2024 2.84 Bn
Dec 31, 2023 2.70 Bn
Dec 31, 2023 2.70 Bn