Sherwin-Williams SHW Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| Consumer Brands Group | $8.76B+2.4% | $8.55B+2.0% | $8.39B+0.4% | $8.36B-0.2% | $8.37B-0.5% | |
| Paint Stores Group | $13.72B+0.8% | $13.61B+0.6% | $13.52B+1.4% | $13.34B+0.6% | $13.25B+0.5% | |
| Performance Coatings Group | $6.93B+1.6% | $6.82B+0.8% | $6.77B+0.4% | $6.74B-0.1% | $6.74B-1.6% | |
| Percent to Net sales by Business | ||||||
| Performance Coatings Group | 41.3%+0.3pp | 41%— | —— | —— | —— | |
| Other segment items by Business | ||||||
| Consumer Brands Group | $14M-33.6% | $21.1M+9.3% | $19.3M+32.2% | $14.6M+69.8% | $8.6M-40.3% | |
| Paint Stores Group | $4.8M+700% | $600K+103% | -$19M-25.8% | -$15.1M+7.9% | -$16.4M+21.9% | |
| Performance Coatings Group | $8.7M-58.0% | $20.7M+188% | $7.2M-14.3% | $8.4M+147% | -$17.7M+24.0% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Consumer Brands Group | $574.9M+12.8% | $509.6M-2.0% | $520M-1.6% | $528.2M-7.1% | $568.4M-3.6% | |
| Paint Stores Group | $3.08B+0.6% | $3.06B+1.4% | $3.02B+2.0% | $2.96B+0.3% | $2.95B+1.7% | |
| Performance Coatings Group | $962.4M+2.1% | $942.7M+1.7% | $927.1M-2.0% | $946.5M-5.6% | $1B-2.4% | |
| Cost of goods sold by Business | ||||||
| Consumer Brands Group | $7.23B+1.4% | $7.13B+2.0% | $6.99B+0.5% | $6.96B+0.3% | $6.94B-0.1% | |
| Paint Stores Group | $5.98B+0.4% | $5.95B-0.1% | $5.96B+1.4% | $5.88B-0.2% | $5.89B-0.2% | |
| Performance Coatings Group | $4.48B+1.6% | $4.41B+0.8% | $4.38B+1.0% | $4.33B+0.3% | $4.32B-1.9% | |
| Identifiable assets by Business | ||||||
| Consumer Brands Group | $30.46B+4.0% | $29.3B+4.2% | $28.13B+0.7% | $27.93B+1.6% | $27.49B+1.1% | |
| Paint Stores Group | $25.98B+1.6% | $25.58B+2.0% | $25.08B+2.1% | $24.57B+1.0% | $24.33B+0.9% | |
| Performance Coatings Group | $32.02B-0.6% | $32.21B0.0% | $32.2B-0.5% | $32.35B+0.5% | $32.2B-0.5% | |
| Selling, general and administrative expenses by Business | ||||||
| Consumer Brands Group | $937.5M+4.6% | $895.9M+4.9% | $854.3M0.0% | $854.7M-0.3% | $857.7M-0.6% | |
| Paint Stores Group | $4.65B+1.4% | $4.59B+0.6% | $4.56B+1.1% | $4.52B+1.9% | $4.43B+0.6% | |
| Performance Coatings Group | $1.48B+2.2% | $1.45B-0.7% | $1.46B+0.5% | $1.45B+0.9% | $1.44B-0.5% | |
| Interest Expense by Business | ||||||
| Consumer Brands Group | $0— | $0-100% | $1.4M-6.7% | $1.5M+7.1% | $1.4M0.0% | |
| Paint Stores Group | $0— | $0— | $0— | $0— | $0— | |
| Performance Coatings Group | $0— | $0— | $0— | $0— | $0— | |
| Depreciation by Business | ||||||
| Consumer Brands Group | $192.3M+3.8% | $185.3M+4.6% | $177.2M+1.7% | $174.3M+1.7% | $171.4M+5.3% | |
| Paint Stores Group | $91.8M+1.8% | $90.2M-2.2% | $92.2M+1.7% | $90.7M+0.1% | $90.6M+0.8% | |
| Performance Coatings Group | $19.2M+1.1% | $19M+2.2% | $18.6M+5.1% | $17.7M+3.5% | $17.1M-5.0% | |
| Amortization by Business | ||||||
| Consumer Brands Group | $75.7M+5.4% | $71.8M+6.7% | $67.3M+0.6% | $66.9M+1.1% | $66.2M-0.3% | |
| Paint Stores Group | $7.3M+30.4% | $5.6M+55.6% | $3.6M+157% | $1.4M+7.7% | $1.3M-23.5% | |
| Performance Coatings Group | $260.2M+0.7% | $258.3M0.0% | $258.3M+0.2% | $257.9M+0.6% | $256.4M-0.1% | |
| CapEx by Business | ||||||
| Consumer Brands Group | $287.9M-1.8% | $293.1M+1.9% | $287.5M-4.6% | $301.4M+14.6% | $263.1M-8.3% | |
| Paint Stores Group | $112.1M-6.7% | $120.2M-10.3% | $134M-1.7% | $136.3M+3.0% | $132.3M-6.4% | |
| Performance Coatings Group | $29.3M-22.7% | $37.9M-11.4% | $42.8M+4.4% | $41M+32.3% | $31M+66.7% |
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.
