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.

Other

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

StatementIncome Statement

SectionOther

First reportedQ1 2019

Last reportedQ1 2026Apr 28, 2026

Metric ID: other_operating_leases_noncash_expense

Historical 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%

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.