Sherwin Williams SHW
NYSE SHW
$333.67 +1.37 (+0.41%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Sherwin Williams (SHW) posted Tax Rate of 24.17% for Q2 2026, up 13.24% on a QoQ basis from 21.34% in Q1 2026, and up 74.0% year-over-year from 13.89% in Q2 2025.

Analysis

Sherwin Williams (SHW) Tax Rate (2009 - 2026) Analysis & Trends

Sherwin Williams has reported Tax Rate for 18 years, with the latest figure at 24.17% in Q2 2026.

  • On a quarterly basis, Tax Rate rose 74.0% year-over-year to 24.17% in Q2 2026; TTM through Jun 2026 was 23.01%, a 67.0% increase from a year earlier, with the FY2025 full-year figure at 23.06%, up 74.0% from the prior year.
  • Tax Rate was 24.17% for Q2 2026 at Sherwin Williams, 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.
  • Average Tax Rate over 5 years is 22.54%, with a median of 21.98% recorded in 2022.
  • The sharpest annual moves came in 2022 and 2024: Tax Rate soared 2036 bps in 2022, then plunged 335 bps in 2024.
  • Over 5 years, Tax Rate stood at 21.94% in 2022, then advanced by 13 bps to 24.85% in 2023, then declined by 11 bps to 22.01% in 2024, then climbed by 15 bps to 25.38% in 2025, then dropped by 5 bps to 24.17% in 2026.
  • The last three Tax Rate figures came in at 24.17% (Q2 2026), 21.34% (Q1 2026), and 25.38% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sherwin Williams 81.02 Bn 80.72 Bn 3.34 Bn 24.17%
2 Ppg Industries 25.02 Bn 23.57 Bn 1.81 Bn 22.32%
3 Rpm International 13.47 Bn 13.16 Bn 950.03 Mn 24.12%
4 Axalta Coating Systems 7.66 Bn 7.07 Bn 465.00 Mn 33.58%
5 Fuller H B 2.90 Bn 2.78 Bn 319.65 Mn 27.77%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 24.17%
Mar 31, 2026 21.34%
Dec 31, 2025 25.38%
Sep 30, 2025 21.44%
Jun 30, 2025 23.44%
Mar 31, 2025 22.83%
Dec 31, 2024 22.01%
Sep 30, 2024 21.18%
Jun 30, 2024 24.16%
Mar 31, 2024 21.06%
Dec 31, 2023 24.85%
Sep 30, 2023 24.53%
Jun 30, 2023 21.58%
Mar 31, 2023 22.35%
Dec 31, 2022 21.94%
Sep 30, 2022 21.90%
Jun 30, 2022 21.89%
Mar 31, 2022 19.58%
Dec 31, 2021 1.59%
Sep 30, 2021 17.87%