Sherwin Williams annual operating expenses
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Sherwin Williams Operating Expenses Growth & History (SHW)
Sherwin Williams's operating expenses was $7.72B for fiscal 2025.
View full Sherwin Williams company overviewSherwin Williams annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $7.72B | $285.6M | +3.84% |
| 2024 | 2024-12-31 | $7.43B | $836.8M | +12.69% |
| 2023 | 2023-12-31 | $6.60B | $668.5M | +11.28% |
| 2022 | 2022-12-31 | $5.93B | $468.9M | +8.59% |
| 2021 | 2021-12-31 | $5.46B | $150.2M | +2.83% |
| 2020 | 2020-12-31 | $5.31B | $81.5M | +1.56% |
| 2019 | 2019-12-31 | $5.23B | $420.3M | +8.74% |
| 2018 | 2018-12-31 | $4.81B | $323.3M | +7.21% |
| 2017 | 2017-12-31 | $4.48B | $726.4M | +19.33% |
| 2016 | 2016-12-31 | $3.76B | $160.6M | +4.47% |
| 2015 | 2015-12-31 | $3.60B | $127.1M | +3.66% |
| 2014 | 2014-12-31 | $3.47B | $294.9M | +9.29% |
| 2013 | 2013-12-31 | $3.17B | $275.3M | +9.50% |
| 2012 | 2012-12-31 | $2.90B | $139.7M | +5.06% |
| 2011 | 2011-12-31 | $2.76B | $226.5M | +8.94% |
| 2010 | 2010-12-31 | $2.53B | — | — |
Sherwin Williams quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.11B | $87.8M | +4.35% |
| Q1 2026 | 2026-03-31 | $1.98B | — | — |
| Q4 2025 | 2025-12-31 | $1.92B | — | — |
| Q3 2025 | 2025-09-30 | $1.97B | $265.5M | +15.56% |
| Q2 2025 | 2025-06-30 | $2.02B | $368.8M | +22.35% |
| Q3 2024 | 2024-09-30 | $1.71B | $89.0M | +5.50% |
| Q2 2024 | 2024-06-30 | $1.65B | $10.4M | +0.63% |
| Q1 2024 | 2024-03-31 | $1.65B | $65.2M | +4.12% |
| Q4 2023 | 2023-12-31 | $1.76B | $210.1M | +13.58% |
| Q3 2023 | 2023-09-30 | $1.62B | $123.3M | +8.25% |
| Q2 2023 | 2023-06-30 | $1.64B | $151.7M | +10.19% |
| Q1 2023 | 2023-03-31 | $1.58B | $183.4M | +13.12% |
| Q4 2022 | 2022-12-31 | $1.55B | $171.3M | +12.45% |
| Q3 2022 | 2022-09-30 | $1.49B | $172.2M | +13.03% |
| Q2 2022 | 2022-06-30 | $1.49B | $71.8M | +5.07% |
| Q1 2022 | 2022-03-31 | $1.40B | $53.6M | +3.99% |
| Q4 2021 | 2021-12-31 | $1.38B | $200,000 | +0.01% |
| Q3 2021 | 2021-09-30 | $1.32B | −$32.4M | −2.39% |
| Q2 2021 | 2021-06-30 | $1.42B | $142.1M | +11.15% |
| Q1 2021 | 2021-03-31 | $1.34B | $40.3M | +3.09% |
| Q4 2020 | 2020-12-31 | $1.38B | −$46.4M | −3.26% |
| Q3 2020 | 2020-09-30 | $1.35B | $44.7M | +3.41% |
| Q2 2020 | 2020-06-30 | $1.27B | −$3.6M | −0.28% |
| Q1 2020 | 2020-03-31 | $1.30B | $86.8M | +7.13% |
| Q4 2019 | 2019-12-31 | $1.42B | $277.3M | +24.22% |
| Q3 2019 | 2019-09-30 | $1.31B | $65.7M | +5.29% |
| Q2 2019 | 2019-06-30 | $1.28B | $44.4M | +3.60% |
| Q1 2019 | 2019-03-31 | $1.22B | $32.9M | +2.78% |
| Q4 2018 | 2018-12-31 | $1.15B | −$104.1M | −8.34% |
| Q3 2018 | 2018-09-30 | $1.24B | −$2.4M | −0.19% |
| Q2 2018 | 2018-06-30 | $1.23B | $170.1M | +15.99% |
| Q1 2018 | 2018-03-31 | $1.18B | $259.7M | +28.08% |
| Q4 2017 | 2017-12-31 | $1.25B | $313.5M | +33.51% |
| Q3 2017 | 2017-09-30 | $1.25B | $284.3M | +29.55% |
| Q2 2017 | 2017-06-30 | $1.06B | $100.5M | +10.44% |
| Q1 2017 | 2017-03-31 | $924.8M | $28.1M | +3.13% |
| Q4 2016 | 2016-12-31 | $935.6M | $33.7M | +3.74% |
| Q3 2016 | 2016-09-30 | $961.9M | $40.3M | +4.38% |
| Q2 2016 | 2016-06-30 | $963.0M | $42.0M | +4.56% |
| Q1 2016 | 2016-03-31 | $896.7M | $44.6M | +5.24% |
| Q4 2015 | 2015-12-31 | $901.9M | $12.9M | +1.45% |
| Q3 2015 | 2015-09-30 | $921.6M | $34.0M | +3.83% |
| Q2 2015 | 2015-06-30 | $921.1M | $40.3M | +4.57% |
| Q1 2015 | 2015-03-31 | $852.1M | $40.0M | +4.92% |
| Q4 2014 | 2014-12-31 | $889.0M | $25.1M | +2.90% |
| Q3 2014 | 2014-09-30 | $887.6M | $67.6M | +8.25% |
| Q2 2014 | 2014-06-30 | $880.8M | $114.5M | +14.95% |
| Q1 2014 | 2014-03-31 | $812.1M | $87.7M | +12.10% |
| Q4 2013 | 2013-12-31 | $863.9M | $137.9M | +18.99% |
| Q3 2013 | 2013-09-30 | $820.0M | $85.7M | +11.67% |
| Q2 2013 | 2013-06-30 | $766.2M | $20.7M | +2.78% |
| Q1 2013 | 2013-03-31 | $724.4M | $31.1M | +4.49% |
| Q4 2012 | 2012-12-31 | $726.1M | — | — |
| Q3 2012 | 2012-09-30 | $734.3M | $17.4M | +2.43% |
| Q2 2012 | 2012-06-30 | $745.5M | $36.9M | +5.20% |
| Q1 2012 | 2012-03-31 | $693.3M | — | — |
| Q3 2011 | 2011-09-30 | $716.9M | $62.0M | +9.47% |
| Q2 2011 | 2011-06-30 | $708.7M | $69.4M | +10.86% |
| Q3 2010 | 2010-09-30 | $654.9M | — | — |
| Q2 2010 | 2010-06-30 | $639.3M | — | — |
Sherwin Williams operating expenses trends
Over the last five fiscal years, Sherwin Williams's operating expenses increased from $5.31B to $7.72B, a change of $2.41B. The latest reported quarter, Q2 2026, shows $2.11B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Sherwin Williams source filings ↗