SHW: The Sherwin-Williams Company Financials
SHW Income Statement
Total revenue
Net income
Gross margin TTM
48.94%
Operating margin TTM
16.14%
Net profit margin TTM
10.9%
Return on investment TTM
—
| Period end | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Total revenue | 23,574,300,000 | 23,098,500,000 | 23,051,900,000 | 22,148,900,000 |
| Operating income | 3,804,800,000 | 3,761,900,000 | 3,606,400,000 | 3,000,600,000 |
| Net income | 2,568,500,000 | 2,681,400,000 | 2,388,800,000 | 2,020,100,000 |
All line items
| Line item | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Total revenue | 23,574,300,000 | 23,098,500,000 | 23,051,900,000 | 22,148,900,000 |
| Cost of revenue | 12,038,100,000 | 11,903,400,000 | 12,293,800,000 | 12,823,800,000 |
| Gross profit | 11,536,200,000 | 11,195,100,000 | 10,758,100,000 | 9,325,100,000 |
| Research and development expenses | 0 | 0 | 0 | 0 |
| General and administrative expenses | 7,710,100,000 | 7,434,500,000 | 7,071,000,000 | 6,331,600,000 |
| Selling and marketing expenses | 0 | 0 | 0 | 0 |
| Selling, general and administrative expenses | 7,710,100,000 | 7,434,500,000 | 7,071,000,000 | 6,331,600,000 |
| Other expenses | 21,300,000 | -1,300,000 | 80,700,000 | -7,100,000 |
| Operating expenses | 7,731,400,000 | 7,433,200,000 | 7,151,700,000 | 6,324,500,000 |
| Cost and expenses | 19,769,500,000 | 19,336,600,000 | 19,445,500,000 | 19,148,300,000 |
| Net interest income | -457,700,000 | -420,400,000 | -407,300,000 | -395,000,000 |
| Interest income | 11,200,000 | 11,000,000 | 25,200,000 | 8,000,000 |
| Interest expense | 468,900,000 | 431,400,000 | 432,500,000 | 403,000,000 |
| Depreciation and amortization | 588,800,000 | 624,000,000 | 622,500,000 | 581,100,000 |
| EBITDA | 4,395,900,000 | 4,491,500,000 | 4,149,900,000 | 3,545,000,000 |
| EBIT | 3,807,100,000 | 3,867,500,000 | 3,527,400,000 | 2,963,900,000 |
| Non-operating income (excl. interest) | -2,300,000 | -105,600,000 | 79,000,000 | 36,700,000 |
| Operating income | 3,804,800,000 | 3,761,900,000 | 3,606,400,000 | 3,000,600,000 |
| Total other income/expenses (net) | -466,600,000 | -310,100,000 | -496,500,000 | -427,500,000 |
| Income before tax | 3,338,200,000 | 3,451,800,000 | 3,109,900,000 | 2,573,100,000 |
| Income tax expense | 769,700,000 | 770,400,000 | 721,100,000 | 553,000,000 |
| Net income from continuing operations | 2,568,500,000 | 2,681,400,000 | 2,388,800,000 | 2,020,100,000 |
| Net income from discontinued operations | 0 | 0 | 0 | 0 |
| Other adjustments to net income | 0 | 0 | 0 | 0 |
| Net income | 2,568,500,000 | 2,681,400,000 | 2,388,800,000 | 2,020,100,000 |
| Net income deductions | 0 | 0 | 0 | 0 |
| Bottom line net income | 2,568,500,000 | 2,681,400,000 | 2,388,800,000 | 2,020,100,000 |
| EPS | 10 | 11 | 9 | 8 |
| Diluted EPS | 10 | 11 | 9 | 8 |
| Weighted average shares outstanding | 246,400,000 | 254,100,000 | 255,400,000 | 258,000,000 |
| Weighted average diluted shares outstanding | 248,800,000 | 254,100,000 | 258,300,000 | 261,800,000 |