Sherwin Williams (SHW) Tax Rate (2009 - 2026)
Sherwin Williams (SHW) posted quarterly Tax Rate of 24.17% for Q2 2026, up 74.0% year-over-year from 13.89% in Q2 2025, and up 13.24% quarter-over-quarter from 21.34% in Q1 2026.
Sherwin Williams (SHW) Tax Rate (2009 - 2026) Analysis & Trends
Sherwin Williams' Tax Rate history runs 18 years deep, the most recent figure standing at 24.17% for Q2 2026.
- In Q2 2026, Tax Rate rose 74.0% year-over-year to 24.17%; the TTM figure through Jun 2026 stood at 23.01% (up 67.0% YoY), while the FY2025 annual figure was 23.06%, up 74.0% from the prior year.
- Tax Rate for Q2 2026 stood at 24.17%, up from 21.34% in the prior quarter.
- The five-year high for Tax Rate was 25.38% in Q4 2025, with the low at 19.58% in Q1 2022.
- The 5-year median for Tax Rate is 21.98% (2022), against an average of 22.54%.
- The sharpest annual moves came in 2022 and 2024: Tax Rate jumped 2036 bps in 2022, then plunged 335 bps in 2024.
- Sherwin Williams' Tax Rate stood at 21.94% in 2022, then rose by 13 bps to 24.85% in 2023, then slipped by 11 bps to 22.01% in 2024, then gained by 15 bps to 25.38% in 2025, then decreased by 5 bps to 24.17% in 2026.
- Business Quant data shows SHW's Tax Rate at 24.17% in Q2 2026, 21.34% in Q1 2026, and 25.38% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 225.62 Bn | 220.73 Bn | 4.43 Bn | 23.96% |
| 2 | Sherwin Williams | 84.72 Bn | 84.42 Bn | 3.34 Bn | 24.17% |
| 3 | Ecolab | 78.71 Bn | 73.57 Bn | 1.95 Bn | 22.33% |
| 4 | Air Products & Chemicals | 68.35 Bn | 67.37 Bn | 1.04 Bn | 26.60% |
| 5 | Ppg Industries | 25.33 Bn | 23.73 Bn | 1.81 Bn | 22.32% |
| 6 | Chemical & Mining Co Of Chile | 23.34 Bn | 19.47 Bn | 778.60 Mn | -41.34% |
| 7 | LyondellBasell Industries | 21.93 Bn | 19.30 Bn | 2.04 Bn | 29.21% |
| 8 | International Flavors & Fragrances | 21.43 Bn | 20.87 Bn | 853.00 Mn | 48.44% |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 28.20% |
| 10 | Albemarle | 16.80 Bn | 15.17 Bn | 590.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.17% |
| Jun 30, 2026 | 24.17% |
| Jun 30, 2026 | 24.17% |
| Mar 31, 2026 | 21.34% |
| Mar 31, 2026 | 21.34% |
| Mar 31, 2026 | 21.34% |
| Dec 31, 2025 | 25.38% |
| Dec 31, 2025 | 25.38% |
| Dec 31, 2025 | 25.38% |
| Sep 30, 2025 | 21.44% |
| Sep 30, 2025 | 21.44% |
| Sep 30, 2025 | 21.44% |
| Jun 30, 2025 | 23.44% |
| Jun 30, 2025 | 23.44% |
| Jun 30, 2025 | 23.44% |
| Mar 31, 2025 | 22.83% |
| Mar 31, 2025 | 22.83% |
| Mar 31, 2025 | 22.83% |
| Dec 31, 2024 | 22.01% |
| Dec 31, 2024 | 22.01% |