Operating

Operating lease liabilities

Sherwin-Williams Operating lease liabilities increased by 1.8% to -$118.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from -$124.10M to -$118.70M. Over 2 years (FY 2022 to FY 2025), Operating lease liabilities shows a downward trend with a 11.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026Apr 28, 2026

How to read this metric

A decrease indicates the reduction of lease obligations through payments, while an increase reflects new lease commitments.

Detailed definition

Captures the change in the present value of future lease payments for operating assets. This reflects the company's ongo...

Peer comparison

Standard metric for retail companies with large store footprints; reflects the scale of leased versus owned property.

Metric ID: operating_increase_decrease_in_operating_lease_liability

Historical Data

14 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$101.33M-$101.33M-$101.33M-$101.33M-$118.20M-$117.80M-$113.40M-$122.20M-$107.30M-$124.10M-$137.20M-$121.50M-$120.90M-$118.70M
QoQ Change+0.0%+0.0%+0.0%-16.7%+0.3%+3.7%-7.8%+12.2%-15.7%-10.6%+11.4%+0.5%+1.8%
YoY Change-16.7%+9.2%-5.3%-21.0%+0.6%-12.7%+4.4%
Range-$137.20M-$101.33M
CAGR+5.0%
Avg YoY Growth-5.9%
Median YoY Growth-5.3%
Current Streak3 quarters growth

Frequently Asked Questions

What is Sherwin-Williams's operating lease liabilities?
Sherwin-Williams (SHW) reported operating lease liabilities of -$118.70M in Q1 2026.
How has Sherwin-Williams's operating lease liabilities changed year-over-year?
Sherwin-Williams's operating lease liabilities increased by 4.4% year-over-year, from -$124.10M to -$118.70M.
What is the long-term trend for Sherwin-Williams's operating lease liabilities?
Over 2 years (2022 to 2025), Sherwin-Williams's operating lease liabilities has grown at a 11.5% compound annual growth rate (CAGR), from -$405.30M to -$503.70M.
What does operating lease liabilities mean?
The change in the company's total obligation for operating leases.