Tax

Effective Tax Rate

Sherwin-Williams Effective Tax Rate decreased by 0.5% to $0.21 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.6%, from $0.23 to $0.21.

Analysis

StatementIncome Statement
SectionTax
First reportedQ3 2017
Last reportedQ1 2026Apr 28, 2026
Metric ID: glw_effective_tax_rate_continuing

Historical Data

15 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$0.21$0.18$0.20$0.22$0.22$0.22$0.22$0.25$0.21$0.24$0.21$0.23$0.23$0.21$0.21
QoQ Change-13.9%+9.5%+11.7%+0.0%+1.8%-3.1%+13.4%-13.9%+14.7%-12.4%+7.5%+2.6%-8.5%-0.5%
YoY Change+5.3%+22.3%+13.8%-1.4%+11.9%-5.4%+12.0%-13.5%+8.1%-3.3%+0.9%-6.6%
Range$0.18$0.25
CAGR+0.7%
Avg YoY Growth+3.7%
Median YoY Growth+3.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is Sherwin-Williams's effective tax rate?
Sherwin-Williams (SHW) reported effective tax rate of $0.21 in Q1 2026.
How has Sherwin-Williams's effective tax rate changed year-over-year?
Sherwin-Williams's effective tax rate decreased by 6.6% year-over-year, from $0.23 to $0.21.