Sherwin-Williams Operating Expenses 2012-2026 | SHW

Sherwin-Williams annual/quarterly operating expenses history and growth rate from 2012 to 2026. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • Sherwin-Williams operating expenses for the quarter ending March 31, 2026 were $4.862B, a 6.88% increase year-over-year.
  • Sherwin-Williams operating expenses for the twelve months ending March 31, 2026 were $20.057B, a 4.47% increase year-over-year.
  • Sherwin-Williams annual operating expenses for 2025 were $19.744B, a 2.37% increase from 2024.
  • Sherwin-Williams annual operating expenses for 2024 were $19.287B, a 0.72% decline from 2023.
  • Sherwin-Williams annual operating expenses for 2023 were $19.426B, a 1.55% increase from 2022.
Unlock Macrotrends Premium
40 years of data
Faster, ad-free pages
Unlimited data exports
Full-width charts
Sherwin-Williams Annual Operating Expenses
(Millions of US $)
2025 $19,744
2024 $19,287
2023 $19,426
2022 $19,131
2021 $17,386
2020 $15,498
2019 $15,492
2018 $15,657
2017 $13,290
2016 $10,112
2015 $9,724
2014 $9,825
2013 $9,039
2012 $8,593
2011 $7,985
Sherwin-Williams Quarterly Operating Expenses
(Millions of US $)
2026-03-31 $4,862
2025-12-31 $4,799
2025-09-30 $5,181
2025-06-30 $5,214
2025-03-31 $4,549
2024-12-31 $4,599
2024-09-30 $5,029
2024-06-30 $5,020
2024-03-31 $4,638
2023-12-31 $4,587
2023-09-30 $5,019
2023-06-30 $5,096
2023-03-31 $4,725
2022-12-31 $4,618
2022-09-30 $5,054
2022-06-30 $5,025
2022-03-31 $4,434
2021-12-31 $4,389
2021-09-30 $4,451
2021-06-30 $4,479
2021-03-31 $4,067
2020-12-31 $3,926
2020-09-30 $4,163
2020-06-30 $3,763
2020-03-31 $3,646
2019-12-31 $3,674
2019-09-30 $4,077
2019-06-30 $4,113
2019-03-31 $3,628
2018-12-31 $3,847
2018-09-30 $4,086
2018-06-30 $4,144
2018-03-31 $3,581
2017-12-31 $3,668
2017-09-30 $4,000
2017-06-30 $3,186
2017-03-31 $2,436
2016-12-31 $2,438
2016-09-30 $2,702
2016-06-30 $2,640
2016-03-31 $2,332
2015-12-31 $2,287
2015-09-30 $2,580
2015-06-30 $2,611
2015-03-31 $2,245
2014-12-31 $2,362
2014-09-30 $2,676
2014-06-30 $2,603
2014-03-31 $2,184
2013-12-31 $2,292
2013-09-30 $2,442
2013-06-30 $2,318
2013-03-31 $1,987
2012-12-31 $2,114
2012-09-30 $2,254
2012-06-30 $2,236
2012-03-31 $1,989
2011-12-31 $1,939
2011-09-30 $2,208
2011-06-30 $2,087
Sector Industry Market Cap Revenue
Basic Materials Chemicals - Specialty $83.141B $23.574B
The Sherwin-Williams Company is into manufacturing and sales of paints, coatings and related products. Its well-known brands include Dutch Boy, Minwax and Krylon. The company acquired rival paints maker Valspar. Sherwin-Williams reports in three operating segments - The Americas Group, The Consumer Brands Group and The Performance Coatings Group. The Americas Group - includes the Paint Stores Group and Latin America Coatings Group. The group produces and sells a wide array of industrial coatings, architectural paint and related products. The Consumer Brands Group - includes the company's Consumer Group and Valspar's Consumer Paints segment. The Performance Coatings Group - includes the company's Global Finishes Group and Valspar's Coatings Group and Valspar's Automotive Refinishes products business. It sells a wide array of industrial coatings and finishes for industrial wood, general industrial, protective and marine, packaging and automotive, coil and extrusion customers.
Stock Name Country Market Cap PE Ratio
Linde (LIN) United Kingdom $233.157B 30.59
Ecolab (ECL) United States $77.184B 36.24
Givaudan SA (GVDNY) Switzerland $32.844B 0.00
SIKA AG - (SXYAY) Switzerland $28.100B 0.00
Novozymes (NVZMY) Denmark $24.890B 35.74
PPG Industries (PPG) United States $24.692B 14.56
Sociedad Quimica Y Minera S.A (SQM) Chile $23.458B 40.06
International Flavors & Fragrances (IFF) United States $18.524B 17.27
RPM (RPM) United States $13.937B 20.33
Solstice Advanced Materials (SOLS) United States $13.015B 0.00
Symrise AG (SYIEY) Germany $11.931B 0.00
Toray Industries (TRYIY) Japan $11.152B 38.01
Element Solutions (ESI) United States $9.156B 25.23
Celanese (CE) United States $6.917B 15.70
Axalta Coating Systems (AXTA) United States $6.156B 11.59
NewMarket (NEU) United States $5.907B 14.15
FUCHS SE - (FUPBY) Germany $5.853B 16.92
Balchem (BCPC) United States $5.602B 33.97
Nissan Chemical (NNCHY) Japan $5.589B 18.34
Croda (COIHY) United Kingdom $5.585B 0.00
CSW Industrials (CSW) United States $4.785B 30.68
Sensient Technologies (SXT) United States $3.964B 26.77
Perimeter Solutions, SA (PRM) United States $3.808B 18.60
H B Fuller (FUL) United States $3.472B 0.00
Hawkins (HWKN) United States $3.096B 37.21
Ingevity (NGVT) United States $2.656B 17.62
Ashland (ASH) United States $2.582B 16.74
Orbia Advance, S.A.B De C.V (MXCHY) Mexico $2.396B 0.00
Minerals Technologies (MTX) United States $2.266B 13.25
Quaker Houghton (KWR) United States $2.203B 18.10
Huabao Holdings (HUIHY) Hong Kong, SAR China $1.614B 0.00
Ecovyst (ECVT) United States $1.540B 25.33
Braskem S.A (BAK) Brazil $1.507B 6.10
REX American Resources (REX) United States $1.456B 17.68
ELEMENTIS (ELMTY) United Kingdom $1.176B 0.00
Green Plains (GPRE) United States $1.064B 0.00
Westlake Chemical Partners LP (WLKP) United States $0.799B 16.42
Neo Performance Materials (NOPMF) Canada $0.668B 34.63
AdvanSix (ASIX) United States $0.643B 11.51
Westaim (WEDXF) Canada $0.607B 0.00
Flotek Industries (FTK) United States $0.571B 25.87
Mativ Holdings (MATV) United States $0.467B 11.66
Orion S.A (OEC) United States $0.379B 13.73
NL Industries (NL) United States $0.284B 0.00
Texxon Holding (NPT) China $0.229B 0.00
Arq (ARQ) United States $0.093B 0.00
American Vanguard (AVD) United States $0.067B 0.00
Loop Industries (LOOP) Canada $0.066B 0.00
5E Advanced Materials (FEAM) United States $0.035B 0.00
Trinseo (TSE) United States $0.014B 0.00
Origin Materials (ORGN) United States $0.011B 0.00
Senestech (SNES) United States $0.008B 0.00
J-Star Holding (YMAT) Taiwan $0.005B 0.00