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| Date | Value |
|---|---|
| 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 |