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.

• In Q1 2026, Tax Rate fell 149.0% year-over-year to 21.34%; the TTM figure through Mar 2026 stood at 22.75% (up 11.0% YoY), while the FY2025 annual figure was 23.06%, up 74.0% from the prior year.
• Tax Rate was 21.34% for Q1 2026 at Sherwin Williams, down from 25.38% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 25.38% in Q4 2025 to a low of 19.58% in Q1 2022.
• Historically, Tax Rate has averaged 22.44% across 5 years, with a median of 21.94% in 2022.
• The sharpest annual moves came in 2022 and 2024: Tax Rate surged 2036 bps in 2022, then sank 335 bps in 2024.
• A 5-year view of Tax Rate shows it stood at 21.94% in 2022, then gained 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.
• The last three Tax Rate figures came in at 21.34% (Q1 2026), 25.38% (Q4 2025), and 21.44% (Q3 2025), per Business Quant data.