Sherwin Williams (SHW) Cost of Revenue (2009 - 2026)
Sherwin Williams' 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 has reported Cost of Revenue for 18 years, with the latest figure at $2.9 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 5.09% year-over-year to $2.9 billion; the trailing twelve-month figure through Mar 2026 stood at $12.2 billion (up 3.26% YoY), and the FY2025 full-year result was $12.1 billion, up 1.31% from the prior year.
- Cost of Revenue for Q1 2026 stood at $2.9 billion, roughly flat from $2.9 billion in the prior quarter.
- The five-year high for Cost of Revenue was $3.5 billion in Q3 2022, with the low at $2.7 billion in Q4 2023.
- Average Cost of Revenue over 5 years is $3.1 billion, with a median of $3.0 billion recorded in 2023.
- Year-over-year, Cost of Revenue gained 15.79% in 2022 and retreated 9.78% in 2023.
- Tracing SHW's Cost of Revenue over 5 years: stood at $3.0 billion in 2022, then slipped by 9.78% to $2.7 billion in 2023, then increased by 0.76% to $2.7 billion in 2024, then climbed by 5.85% to $2.9 billion in 2025, then increased 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 | 230.79 Bn | 226.84 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 | 72.51 Bn | 72.30 Bn | 2.78 Bn | 2.89 Bn |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | 2.35 Bn |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 2.18 Bn |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 2.28 Bn |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | 6.50 Bn |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | 927.77 Mn |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 1.08 Bn |
| 10 | International Flavors & Fragrances | 19.02 Bn | 18.49 Bn | 1.02 Bn | 1.72 Bn |
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 |
| Sep 30, 2023 | 3.20 Bn |
| Sep 30, 2023 | 3.20 Bn |
| Jun 30, 2023 | 3.37 Bn |
| Jun 30, 2023 | 3.37 Bn |
| Mar 31, 2023 | 3.02 Bn |
| Mar 31, 2023 | 3.02 Bn |
| Dec 31, 2022 | 3.00 Bn |
| Dec 31, 2022 | 3.00 Bn |
| Sep 30, 2022 | 3.46 Bn |
| Sep 30, 2022 | 3.46 Bn |
| Jun 30, 2022 | 3.42 Bn |
| Jun 30, 2022 | 3.42 Bn |
| Mar 31, 2022 | 2.95 Bn |
| Mar 31, 2022 | 2.95 Bn |
| Dec 31, 2021 | 2.88 Bn |
| Dec 31, 2021 | 2.88 Bn |
| Sep 30, 2021 | 3.01 Bn |
| Sep 30, 2021 | 3.01 Bn |
| Jun 30, 2021 | 2.97 Bn |
| Jun 30, 2021 | 2.97 Bn |
| Mar 31, 2021 | 2.54 Bn |
| Mar 31, 2021 | 2.54 Bn |
| Dec 31, 2020 | 2.36 Bn |
| Dec 31, 2020 | 2.36 Bn |
| Sep 30, 2020 | 2.67 Bn |
| Sep 30, 2020 | 2.67 Bn |
| Jun 30, 2020 | 2.40 Bn |
| Jun 30, 2020 | 2.40 Bn |
| Mar 31, 2020 | 2.26 Bn |
| Mar 31, 2020 | 2.26 Bn |
| Dec 31, 2019 | 2.22 Bn |
| Dec 31, 2019 | 2.22 Bn |
| Sep 30, 2019 | 2.64 Bn |
| Sep 30, 2019 | 2.64 Bn |
| Jun 30, 2019 | 2.70 Bn |
| Jun 30, 2019 | 2.70 Bn |
| Mar 31, 2019 | 2.31 Bn |
| Mar 31, 2019 | 2.31 Bn |
| Dec 31, 2018 | 2.38 Bn |
| Dec 31, 2018 | 2.38 Bn |
| Sep 30, 2018 | 2.72 Bn |
| Sep 30, 2018 | 2.72 Bn |
| Jun 30, 2018 | 2.74 Bn |
| Jun 30, 2018 | 2.74 Bn |
| Mar 31, 2018 | 2.28 Bn |
| Mar 31, 2018 | 2.28 Bn |
| Dec 31, 2017 | 2.24 Bn |
| Dec 31, 2017 | 2.24 Bn |
| Sep 30, 2017 | 2.61 Bn |
| Sep 30, 2017 | 2.61 Bn |
| Jun 30, 2017 | 2.00 Bn |
| Jun 30, 2017 | 2.00 Bn |
| Mar 31, 2017 | 1.42 Bn |
| Mar 31, 2017 | 1.42 Bn |
| Dec 31, 2016 | 1.40 Bn |
| Dec 31, 2016 | 1.40 Bn |
| Sep 30, 2016 | 1.64 Bn |
| Sep 30, 2016 | 1.64 Bn |
| Jun 30, 2016 | 1.58 Bn |
| Jun 30, 2016 | 1.58 Bn |
| Mar 31, 2016 | 1.31 Bn |
| Mar 31, 2016 | 1.31 Bn |
| Dec 31, 2015 | 1.28 Bn |
| Dec 31, 2015 | 1.28 Bn |
| Sep 30, 2015 | 1.58 Bn |
| Sep 30, 2015 | 1.58 Bn |
| Jun 30, 2015 | 1.60 Bn |
| Jun 30, 2015 | 1.60 Bn |
| Mar 31, 2015 | 1.32 Bn |
| Mar 31, 2015 | 1.32 Bn |
| Dec 31, 2014 | 1.35 Bn |
| Dec 31, 2014 | 1.35 Bn |
| Sep 30, 2014 | 1.68 Bn |
| Sep 30, 2014 | 1.68 Bn |
| Jun 30, 2014 | 1.63 Bn |
| Jun 30, 2014 | 1.63 Bn |
| Mar 31, 2014 | 1.30 Bn |
| Mar 31, 2014 | 1.30 Bn |
| Dec 31, 2013 | -2.75 Mn |
| Dec 31, 2013 | -2.75 Mn |
| Sep 30, 2013 | 834,000.00 |
| Sep 30, 2013 | 834,000.00 |
| Jun 30, 2013 | 1.48 Bn |
| Jun 30, 2013 | 1.48 Bn |
| Mar 31, 2013 | 1.20 Bn |
| Mar 31, 2013 | 1.20 Bn |
| Dec 31, 2012 | -4.10 Bn |
| Dec 31, 2012 | -4.10 Bn |
| Sep 30, 2012 | 1.45 Bn |
| Sep 30, 2012 | 1.45 Bn |
| Jun 30, 2012 | 3.09 Mn |
| Jun 30, 2012 | 3.09 Mn |
| Mar 31, 2012 | 1.23 Bn |
| Mar 31, 2012 | 1.23 Bn |
| Dec 31, 2011 | -3.83 Bn |
| Dec 31, 2011 | -3.83 Bn |
| Sep 30, 2011 | 1.45 Bn |
| Sep 30, 2011 | 1.45 Bn |
| Jun 30, 2011 | 1.33 Bn |
| Jun 30, 2011 | 1.33 Bn |
| Mar 31, 2011 | 1.17 Mn |
| Mar 31, 2011 | 1.17 Mn |
| Dec 31, 2010 | -2.41 Mn |
| Dec 31, 2010 | -2.41 Mn |
| Sep 30, 2010 | 817,000.00 |
| Sep 30, 2010 | 817,000.00 |
| Jun 30, 2010 | 1.17 Bn |
| Jun 30, 2010 | 1.17 Bn |
| Mar 31, 2010 | 873.51 Mn |
| Mar 31, 2010 | 873.51 Mn |
| Dec 31, 2009 | 13.30 Mn |
| Dec 31, 2009 | 13.30 Mn |
| Sep 30, 2009 | 6.87 Mn |
| Sep 30, 2009 | 6.87 Mn |
| Jun 30, 2009 | 1.05 Bn |
| Jun 30, 2009 | 1.05 Bn |