Sherwin Williams (SHW) Gross Margin (2009 - 2026)

Sherwin Williams' Gross Margin history runs 18 years deep, the most recent figure standing at 49.07% for Q1 2026.

• On a quarterly basis, Gross Margin rose 83.0% year-over-year to 49.07% in Q1 2026; TTM through Mar 2026 was 49.04%, a 32.0% increase from a year earlier, with the FY2025 full-year figure at 48.85%, up 38.0% from the prior year.
• Gross Margin improved to 49.07% in Q1 2026 per SHW's latest filing, from 48.47% in the prior quarter.
• Across five years, Gross Margin topped out at 49.38% in Q2 2025 and bottomed at 41.07% in Q1 2022.
• The 5-year median for Gross Margin is 48.23% (2025), against an average of 46.65%.
• Across the five-year window, Gross Margin slumped 429 bps in 2022 and jumped 582 bps in 2023, its largest moves.
• Year by year, Gross Margin stood at 42.71% in 2022, then advanced by 14 bps to 48.53% in 2023, then climbed by 0 bps to 48.58% in 2024, then retreated by 0 bps to 48.47% in 2025, then gained by 1 bps to 49.07% in 2026.
• Per Business Quant, the three latest SHW Gross Margin figures stand at 49.07% (Q1 2026), 48.47% (Q4 2025), and 49.16% (Q3 2025).