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

Sherwin Williams' Net Margin history runs 18 years deep, the most recent figure standing at 9.44% for Q1 2026.

• In Q1 2026, Net Margin fell 6.0% year-over-year to 9.44%; the TTM figure through Mar 2026 stood at 10.86% (down 77.0% YoY), while the FY2025 annual figure was 10.9%, down 71.0% from the prior year.
• Net Margin was 9.44% for Q1 2026 at Sherwin Williams, up from 8.52% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 14.19% in Q2 2024 to a low of 6.78% in Q4 2023.
• Historically, Net Margin has averaged 10.29% across 5 years, with a median of 9.5% in 2025.
• The sharpest annual moves came in 2023 and 2025: Net Margin soared 288 bps in 2023, then plunged 224 bps in 2025.
• A 5-year view of Net Margin shows it stood at 7.39% in 2022, then fell by 8 bps to 6.78% in 2023, then surged by 34 bps to 9.06% in 2024, then decreased by 6 bps to 8.52% in 2025, then rose by 11 bps to 9.44% in 2026.
• The last three Net Margin figures came in at 9.44% (Q1 2026), 8.52% (Q4 2025), and 13.1% (Q3 2025), per Business Quant data.