Selling General Administrative Expense as Percent Net Sales
Sherwin-Williams Selling General Administrative Expense as Percent Net Sales increased by 5700.0% to 34.8% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from 33.8% to 34.8%. Over 4 years (FY 2021 to FY 2025), Selling General Administrative Expense as Percent Net Sales shows an upward trend with a 3.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A decreasing trend indicates improved operating leverage, where the company is growing sales faster than its overhead costs.
Detailed definition
This metric expresses SG&A expenses as a percentage of total net sales. It provides a normalized view of how much of eve...
Peer comparison
Used to compare the operational efficiency of companies with different revenue scales.
other_selling_general_administrative_expense_as_percent__95a214Historical Data
| 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 | 26.7% | 26.6% | 2.3% | 29.7% | 27.2% | 26.6% | 0.9% | 31.1% | 28.2% | 28.7% | 1.3% | 33.5% | 29.4% | 30.7% | 1% | 33.8% | 31.9% | 30.7% | 0.6% | 34.8% |
| QoQ Change | — | -0.4% | -91.4% | >999% | -8.4% | -2.2% | -96.6% | >999% | -9.3% | +1.8% | -95.5% | >999% | -12.2% | +4.4% | -96.7% | >999% | -5.6% | -3.8% | -98.0% | >999% |
| YoY Change | — | — | — | — | +1.9% | +0.0% | -60.9% | +4.7% | +3.7% | +7.9% | +44.4% | +7.7% | +4.3% | +7.0% | -23.1% | +0.9% | +8.5% | +0.0% | -40.0% | +3.0% |
Selling General Administrative Expense as Percent Net Sales at Other Companies
Frequently Asked Questions
- What is Sherwin-Williams's selling general administrative expense as percent net sales?
- Sherwin-Williams (SHW) reported selling general administrative expense as percent net sales of 34.8% in Q1 2026.
- How has Sherwin-Williams's selling general administrative expense as percent net sales changed year-over-year?
- Sherwin-Williams's selling general administrative expense as percent net sales increased by 3.0% year-over-year, from 33.8% to 34.8%.
- What is the long-term trend for Sherwin-Williams's selling general administrative expense as percent net sales?
- Over 4 years (2021 to 2025), Sherwin-Williams's selling general administrative expense as percent net sales has grown at a 3.6% compound annual growth rate (CAGR), from 84.1% to 97.0%.
- What does selling general administrative expense as percent net sales mean?
- The percentage of sales revenue spent on overhead and administrative costs.