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| 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 |