Sherwin Williams SHW
NYSE SHW
$320.70 -5.39 (-1.65%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Sherwin Williams (SHW) posted Net Margin of 12.43% for Q2 2026, up 31.69% on a QoQ basis from 9.44% in Q1 2026, and up 47.0% year-over-year from 8.45% in Q2 2025.

Analysis

Sherwin Williams (SHW) Net Margin (2009 - 2026) Analysis & Trends

Sherwin Williams has reported Net Margin for 18 years, with the latest figure at 12.43% in Q2 2026.

  • On a quarterly basis, Net Margin rose 47.0% year-over-year to 12.43% in Q2 2026; TTM through Jun 2026 was 11.01%, a 1.0% decrease from a year earlier, with the FY2025 full-year figure at 10.9%, down 71.0% from the prior year.
  • Net Margin was 12.43% for Q2 2026 at Sherwin Williams, up from 9.44% in the prior quarter.
  • The five-year high for Net Margin was 14.19% in Q2 2024, with the low at 6.78% in Q4 2023.
  • Average Net Margin over 5 years is 10.41%, with a median of 9.67% recorded in 2022.
  • The sharpest annual moves came in 2023 and 2025: Net Margin jumped 288 bps in 2023, then tumbled 224 bps in 2025.
  • Over 5 years, Net Margin stood at 7.39% in 2022, then slipped by 8 bps to 6.78% in 2023, then soared by 34 bps to 9.06% in 2024, then slipped by 6 bps to 8.52% in 2025, then soared by 46 bps to 12.43% in 2026.
  • The last three Net Margin figures came in at 12.43% (Q2 2026), 9.44% (Q1 2026), and 8.52% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Sherwin Williams 81.02 Bn 80.72 Bn 3.34 Bn 12.43%
2 Ppg Industries 25.02 Bn 23.57 Bn 1.81 Bn 9.79%
3 Rpm International 13.47 Bn 13.16 Bn 950.03 Mn 9.93%
4 Axalta Coating Systems 7.66 Bn 7.07 Bn 465.00 Mn 6.61%
5 Fuller H B 2.90 Bn 2.78 Bn 319.65 Mn 7.00%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 12.43%
Mar 31, 2026 9.44%
Dec 31, 2025 8.52%
Sep 30, 2025 13.10%
Jun 30, 2025 11.95%
Mar 31, 2025 9.50%
Dec 31, 2024 9.06%
Sep 30, 2024 13.08%
Jun 30, 2024 14.19%
Mar 31, 2024 9.41%
Dec 31, 2023 6.78%
Sep 30, 2023 12.45%
Jun 30, 2023 12.72%
Mar 31, 2023 8.77%
Dec 31, 2022 7.39%
Sep 30, 2022 11.33%
Jun 30, 2022 9.84%
Mar 31, 2022 7.42%
Dec 31, 2021 6.38%
Sep 30, 2021 9.76%