Operating Expenses

Stock-based compensation expense

Sherwin-Williams Stock-based compensation expense decreased by 7.8% to $29.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.9%, from $26.60M to $29.50M. Over 4 years (FY 2021 to FY 2025), Stock-based compensation expense shows an upward trend with a 6.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 28, 2026

How to read this metric

Higher levels indicate significant use of equity for compensation, which can lead to shareholder dilution over time.

Detailed definition

This represents the expense recognized for equity-based awards granted to employees, such as stock options or restricted...

Peer comparison

Standard operating expense for most public companies, particularly in competitive talent markets.

Metric ID: ms_stock_based_compensation

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$25.50M$25.90M$32.80M$26.80M$26.90M$26.30M$19.70M$22.50M$23.50M$26.80M$43.10M$24.60M$30.10M$27.90M$55.50M$26.60M$34.00M$30.90M$32.00M$29.50M
QoQ Change+1.6%+26.6%-18.3%+0.4%-2.2%-25.1%+14.2%+4.4%+14.0%+60.8%-42.9%+22.4%-7.3%+98.9%-52.1%+27.8%-9.1%+3.6%-7.8%
YoY Change+5.5%+1.5%-39.9%-16.0%-12.6%+1.9%+118.8%+9.3%+28.1%+4.1%+28.8%+8.1%+13.0%+10.8%-42.3%+10.9%
Range$19.70M$55.50M
CAGR+3.1%
Avg YoY Growth+8.1%
Median YoY Growth+6.8%

Frequently Asked Questions

What is Sherwin-Williams's stock-based compensation expense?
Sherwin-Williams (SHW) reported stock-based compensation expense of $29.50M in Q1 2026.
How has Sherwin-Williams's stock-based compensation expense changed year-over-year?
Sherwin-Williams's stock-based compensation expense increased by 10.9% year-over-year, from $26.60M to $29.50M.
What is the long-term trend for Sherwin-Williams's stock-based compensation expense?
Over 4 years (2021 to 2025), Sherwin-Williams's stock-based compensation expense has grown at a 6.0% compound annual growth rate (CAGR), from $97.70M to $123.50M.
What does stock-based compensation expense mean?
The cost of paying employees with company stock instead of cash.