Operating
Non-cash lease expense
Sherwin-Williams Non-cash lease expense decreased by 0.3% to $124.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.4%, from $123.50M to $124.00M. Over 4 years (FY 2021 to FY 2025), Non-cash lease expense shows an upward trend with a 6.1% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026Apr 28, 2026
How to read this metric
Changes reflect shifts in the company's lease portfolio and real estate footprint strategy.
Detailed definition
This represents the non-cash portion of lease expenses recognized under accounting standards for right-of-use assets. It...
Peer comparison
Standard for companies with significant retail store footprints or leased logistics networks.
Metric ID:
operating_operating_leases_noncash_expenseHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $97.00M | $100.50M | $105.70M | $109.90M | $98.50M | $102.10M | $106.40M | $109.00M | $116.00M | $108.40M | $119.30M | $116.60M | $113.20M | $121.50M | $109.20M | $123.50M | $139.30M | $121.40M | $124.40M | $124.00M |
| QoQ Change | — | +3.6% | +5.2% | +4.0% | -10.4% | +3.7% | +4.2% | +2.4% | +6.4% | -6.6% | +10.1% | -2.3% | -2.9% | +7.3% | -10.1% | +13.1% | +12.8% | -12.8% | +2.5% | -0.3% |
| YoY Change | — | — | — | — | +1.5% | +1.6% | +0.7% | -0.8% | +17.8% | +6.2% | +12.1% | +7.0% | -2.4% | +12.1% | -8.5% | +5.9% | +23.1% | -0.1% | +13.9% | +0.4% |
Range$97.00M – $139.30M
CAGR+5.3%
Avg YoY Growth+5.7%
Median YoY Growth+3.8%
Non-cash lease expense at Other Companies
Frequently Asked Questions
- What is Sherwin-Williams's non-cash lease expense?
- Sherwin-Williams (SHW) reported non-cash lease expense of $124.00M in Q1 2026.
- How has Sherwin-Williams's non-cash lease expense changed year-over-year?
- Sherwin-Williams's non-cash lease expense increased by 0.4% year-over-year, from $123.50M to $124.00M.
- What is the long-term trend for Sherwin-Williams's non-cash lease expense?
- Over 4 years (2021 to 2025), Sherwin-Williams's non-cash lease expense has grown at a 6.1% compound annual growth rate (CAGR), from $400.70M to $508.60M.
- What does non-cash lease expense mean?
- The non-cash accounting expense related to the use of leased properties or equipment.