KPIs & Operating Metrics(New)
Growth Metrics

Sherwin Williams (SHW) Operating Margin (2016 - 2026)

Sherwin Williams filings provide 18 years of Operating Margin readings, the most recent being 14.31% for Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 11.0% year-over-year to 14.31%, compared with a TTM value of 16.15% through Mar 2026, down 37.0%, and an annual FY2025 reading of 16.21%, down 13.0% over the prior year.
  • Operating Margin hit 14.31% in Q1 2026 for Sherwin Williams, up from 13.86% in the prior quarter.
  • The five-year high for Operating Margin was 44.6% in Q3 2023, with the low at 11.38% in Q4 2022.
  • Median Operating Margin over the past 5 years was 17.53% (2025), compared with a mean of 23.13%.
  • The sharpest move saw Operating Margin tumbled -10437bps in 2022, then soared 2979bps in 2023.
  • Year by year, Operating Margin stood at 11.38% in 2022, then grew by 16bps to 13.19% in 2023, then decreased by -1bps to 13.03% in 2024, then grew by 6bps to 13.86% in 2025, then grew by 3bps to 14.31% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods came in at 14.31%, 13.86%, and 18.44% for Q1 2026, Q4 2025, and Q3 2025 respectively.