Sherwin Williams (SHW) Operating Expenses (2009 - 2026)
Sherwin Williams (SHW) posted quarterly Operating Expenses of $2.1 billion for Q2 2026, up 4.58% year-over-year from $2.0 billion in Q2 2025, and up 6.81% quarter-over-quarter from $2.0 billion in Q1 2026.
Sherwin Williams (SHW) Operating Expenses (2009 - 2026) Analysis & Trends
Sherwin Williams' Operating Expenses history runs 18 years deep, the most recent figure standing at $2.1 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 4.58% year-over-year to $2.1 billion; the TTM figure through Jun 2026 stood at $8.0 billion (up 5.02% YoY), while the FY2025 annual figure was $7.7 billion, up 3.68% from the prior year.
- Operating Expenses for Q2 2026 stood at $2.1 billion, up from $2.0 billion in the prior quarter.
- The five-year high for Operating Expenses was $2.1 billion in Q2 2026, with the low at $1.5 billion in Q1 2022.
- The 5-year median for Operating Expenses is $1.8 billion (2024), against an average of $1.8 billion.
- Peak annual rise in Operating Expenses reached 17.61% in 2022, while the deepest fall reached 6.33% in 2022.
- Sherwin Williams' Operating Expenses stood at $1.6 billion in 2022, then increased by 13.26% to $1.9 billion in 2023, then grew by 1.45% to $1.9 billion in 2024, then increased by 2.86% to $1.9 billion in 2025, then grew by 8.62% to $2.1 billion in 2026.
- Business Quant data shows SHW's Operating Expenses at $2.1 billion in Q2 2026, $2.0 billion in Q1 2026, and $1.9 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 225.37 Bn | 220.47 Bn | 4.43 Bn | 928.00 Mn |
| 2 | Sherwin Williams | 84.56 Bn | 84.27 Bn | 3.34 Bn | 2.10 Bn |
| 3 | Ecolab | 78.50 Bn | 73.37 Bn | 1.95 Bn | 1.19 Bn |
| 4 | Air Products & Chemicals | 68.27 Bn | 67.29 Bn | 1.04 Bn | 3.15 Bn |
| 5 | Ppg Industries | 25.33 Bn | 23.73 Bn | 1.81 Bn | 1.15 Bn |
| 6 | Chemical & Mining Co Of Chile | 23.48 Bn | 19.61 Bn | 778.60 Mn | -48.90 Mn |
| 7 | LyondellBasell Industries | 22.00 Bn | 19.37 Bn | 2.04 Bn | 7.63 Bn |
| 8 | International Flavors & Fragrances | 21.43 Bn | 20.86 Bn | 853.00 Mn | 613.00 Mn |
| 9 | DuPont de Nemours | 18.89 Bn | 17.15 Bn | 639.00 Mn | 311.00 Mn |
| 10 | Albemarle | 16.83 Bn | 15.20 Bn | 590.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.10 Bn |
| Mar 31, 2026 | 1.97 Bn |
| Dec 31, 2025 | 1.94 Bn |
| Sep 30, 2025 | 1.95 Bn |
| Jun 30, 2025 | 2.01 Bn |
| Mar 31, 2025 | 1.79 Bn |
| Dec 31, 2024 | 1.88 Bn |
| Sep 30, 2024 | 1.89 Bn |
| Jun 30, 2024 | 1.85 Bn |
| Mar 31, 2024 | 1.80 Bn |
| Dec 31, 2023 | 1.86 Bn |
| Sep 30, 2023 | 1.76 Bn |
| Jun 30, 2023 | 1.76 Bn |
| Mar 31, 2023 | 1.69 Bn |
| Dec 31, 2022 | 1.64 Bn |
| Sep 30, 2022 | 1.61 Bn |
| Jun 30, 2022 | 1.60 Bn |
| Mar 31, 2022 | 1.49 Bn |
| Dec 31, 2021 | 1.75 Bn |
| Sep 30, 2021 | 1.37 Bn |