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

Sherwin Williams' (SHW) quarterly Cost of Revenue came in at $2.9 billion in Q1 2026, up 5.09% year-on-year from $2.7 billion in Q1 2025, and little changed quarter-over-quarter from $2.9 billion in Q4 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.

  • On a quarterly basis, Cost of Revenue rose 5.09% year-over-year to $2.9 billion in Q1 2026; TTM through Mar 2026 was $12.2 billion, a 3.26% increase from a year earlier, with the FY2025 full-year figure at $12.1 billion, up 1.31% from the prior year.
  • Cost of Revenue was little changed at $2.9 billion in Q1 2026 per SHW's latest filing, from $2.9 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $3.5 billion in Q3 2022 and bottomed at $2.7 billion in Q4 2023.
  • The 5-year median for Cost of Revenue is $3.0 billion (2023), against an average of $3.1 billion.
  • Across the five-year window, Cost of Revenue gained 15.79% in 2022 and retreated 9.78% in 2023, its largest moves.
  • Year by year, Cost of Revenue 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.
  • Per Business Quant, the three latest SHW Cost of Revenue figures stand at $2.9 billion (Q1 2026), $2.9 billion (Q4 2025), and $3.2 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Linde 237.95 Bn 233.99 Bn 4.26 Bn 4.52 Bn
2 Sherwin Williams 78.17 Bn 77.95 Bn 2.78 Bn 2.89 Bn
3 Ecolab 76.02 Bn 75.37 Bn 1.85 Bn 2.35 Bn
4 Air Products & Chemicals 66.38 Bn 65.43 Bn 987.40 Mn 2.18 Bn
5 Ppg Industries 26.02 Bn 24.40 Bn 1.66 Bn 2.28 Bn
6 LyondellBasell Industries 22.51 Bn 19.87 Bn 701.00 Mn 6.50 Bn
7 Chemical & Mining Co Of Chile 19.70 Bn 15.83 Bn 778.60 Mn 981.50 Mn
8 International Flavors & Fragrances 19.51 Bn 18.95 Bn 1.02 Bn 1.72 Bn
9 DuPont de Nemours 18.80 Bn 18.71 Bn 602.00 Mn 1.08 Bn
10 Rpm International 13.63 Bn 13.32 Bn 950.03 Mn 1.28 Bn

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