Sherwin Williams (SHW) Tax Rate (2009 - 2026)

Sherwin Williams' Tax Rate history runs 18 years deep, the most recent figure standing at 21.34% for Q1 2026.

• On a quarterly basis, Tax Rate fell 149.0% year-over-year to 21.34% in Q1 2026; TTM through Mar 2026 was 22.75%, a 11.0% increase from a year earlier, with the FY2025 full-year figure at 23.06%, up 74.0% from the prior year.
• Tax Rate eased to 21.34% in Q1 2026 per SHW's latest filing, from 25.38% in the prior quarter.
• Across five years, Tax Rate topped out at 25.38% in Q4 2025 and bottomed at 19.58% in Q1 2022.
• The 5-year median for Tax Rate is 21.94% (2022), against an average of 22.44%.
• Across the five-year window, Tax Rate jumped 2036 bps in 2022 and sank 335 bps in 2024, its largest moves.
• Year by year, Tax Rate stood at 21.94% in 2022, then rose by 13 bps to 24.85% in 2023, then dropped by 11 bps to 22.01% in 2024, then advanced by 15 bps to 25.38% in 2025, then slipped by 16 bps to 21.34% in 2026.
• Per Business Quant, the three latest SHW Tax Rate figures stand at 21.34% (Q1 2026), 25.38% (Q4 2025), and 21.44% (Q3 2025).