Sherwin-Williams SHW Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| Consumer Brands Group | $2.19B+6.1% | $2.06B-7.7% | $2.23B-1.9% | $2.28B+14.8% | $1.98B+4.8% | |
| Paint Stores Group | $3.05B-2.5% | $3.13B-18.5% | $3.84B+3.6% | $3.7B+25.9% | $2.94B-3.5% | |
| Performance Coatings Group | $1.72B+4.2% | $1.65B-6.1% | $1.76B-3.0% | $1.81B+12.6% | $1.61B+0.7% | |
| Percent to Net sales by Business | ||||||
| Consumer Brands Group | 21.7%— | —— | 20.4%+0.1pp | 20.3%+3.0pp | 17.3%— | |
| Paint Stores Group | 18.3%— | —— | 24.9%+0.1pp | 24.8%+6.4pp | 18.4%— | |
| Performance Coatings Group | 13.6%+13.2pp | 0.4%-13.3pp | 13.7%+0.1pp | 13.6%+0.3pp | 13.3%— | |
| Other segment items by Business | ||||||
| Consumer Brands Group | -$6.2M-189% | $7M+22.8% | $5.7M-24.0% | $7.5M+733% | $900K-82.7% | |
| Paint Stores Group | $1.9M-82.6% | $10.9M+288% | -$5.8M-164% | -$2.2M+4.3% | -$2.3M+73.6% | |
| Performance Coatings Group | -$4.9M-154% | $9M+8,900% | $100K-97.8% | $4.5M-36.6% | $7.1M+258% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Consumer Brands Group | $197.2M+251% | $56.2M-64.3% | $157.3M-4.2% | $164.2M+24.5% | $131.9M+98.0% | |
| Paint Stores Group | $558.8M-14.0% | $649.5M-31.9% | $954.3M+4.1% | $916.5M+69.3% | $541.2M-10.8% | |
| Performance Coatings Group | $232.4M-5.0% | $244.6M+1.8% | $240.3M-2.0% | $245.1M+15.2% | $212.7M-7.1% | |
| Cost of goods sold by Business | ||||||
| Consumer Brands Group | $1.74B-0.8% | $1.75B-5.8% | $1.86B-1.5% | $1.89B+15.5% | $1.63B+1.2% | |
| Paint Stores Group | $1.33B-0.1% | $1.33B-21.5% | $1.7B+5.2% | $1.61B+23.4% | $1.31B-2.3% | |
| Performance Coatings Group | $1.11B+6.7% | $1.04B-10.4% | $1.16B-2.1% | $1.18B+14.1% | $1.04B+3.4% | |
| Identifiable assets by Business | ||||||
| Consumer Brands Group | $8.32B+3.7% | $8.03B+15.2% | $6.96B-2.6% | $7.15B-0.1% | $7.16B+4.4% | |
| Paint Stores Group | $6.55B+2.7% | $6.38B-3.5% | $6.61B+2.5% | $6.45B+4.9% | $6.14B+4.5% | |
| Performance Coatings Group | $7.88B+0.2% | $7.86B-1.6% | $7.99B-3.7% | $8.29B+2.8% | $8.07B+2.9% | |
| Selling, general and administrative expenses by Business | ||||||
| Consumer Brands Group | $259.3M+4.9% | $247.3M+16.8% | $211.8M-3.3% | $219.1M+0.6% | $217.7M+5.8% | |
| Paint Stores Group | $1.16B+2.1% | $1.13B-4.7% | $1.19B+1.3% | $1.17B+7.4% | $1.09B-1.3% | |
| Performance Coatings Group | $384M+7.2% | $358.3M+0.1% | $358.1M-5.3% | $378.2M+7.6% | $351.5M-4.7% | |
| Interest Expense by Business | ||||||
| Consumer Brands Group | $0— | $0+100% | -$100K-200% | $100K— | $0-100% | |
| Paint Stores Group | $0— | $0— | $0— | $0— | $0— | |
| Performance Coatings Group | $0— | $0— | $0— | $0— | $0— | |
| Depreciation by Business | ||||||
| Consumer Brands Group | $52.9M+2.3% | $51.7M+13.4% | $45.6M+8.3% | $42.1M-8.3% | $45.9M+5.3% | |
| Paint Stores Group | $23.7M+3.5% | $22.9M-1.3% | $23.2M+5.5% | $22M-0.5% | $22.1M-11.2% | |
| Performance Coatings Group | $5M-3.8% | $5.2M+18.2% | $4.4M-4.3% | $4.6M-4.2% | $4.8M0.0% | |
| Amortization by Business | ||||||
| Consumer Brands Group | $20.7M-1.4% | $21M+23.5% | $17M0.0% | $17M+1.2% | $16.8M+1.8% | |
| Paint Stores Group | $2.1M-12.5% | $2.4M0.0% | $2.4M+500% | $400K0.0% | $400K0.0% | |
| Performance Coatings Group | $65.4M+1.4% | $64.5M0.0% | $64.5M-2.0% | $65.8M+3.6% | $63.5M-1.6% | |
| CapEx by Business | ||||||
| Consumer Brands Group | $51.7M-49.4% | $102.2M+97.7% | $51.7M-37.2% | $82.3M+44.6% | $56.9M-41.1% | |
| Paint Stores Group | $18.6M-32.1% | $27.4M-12.7% | $31.4M-9.5% | $34.7M+30.0% | $26.7M-35.2% | |
| Performance Coatings Group | $3.8M— | $0-100% | $11.7M-15.2% | $13.8M+11.3% | $12.4M+153% | |
| Concentration of credit risk percentage (in percent) by Geography | ||||||
| EMEAI Region | 10%— | —— | —— | —— | 10%— | |
| North America | 80%— | —— | —— | —— | 80%— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Sherwin-Williams break its business down?
- Sherwin-Williams (SHW) reports net sales by business across 3 parts — Consumer Brands Group, Paint Stores Group and Performance Coatings Group. Each is extracted from the segment footnotes and tracked over time.
- Where does Sherwin-Williams's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Sherwin-Williams's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
