Sherwin-Williams SHW Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Net Sales by Business | |||||
| Consumer Brands Group | $8.55B+1.7% | $8.41B-2.2% | $8.6B0.0% | $8.6B+14.6% | |
| Paint Stores Group | $13.61B+3.2% | $13.19B+2.7% | $12.84B+7.3% | $11.96B+12.7% | |
| Performance Coatings Group | $6.82B-0.5% | $6.85B-2.7% | $7.04B+0.6% | $7B+13.7% | |
| Percent to Net sales by Business | |||||
| Performance Coatings Group | 41%— | —— | 14.5%+3.7pp | 10.8%+2.7pp | |
| Other segment items by Business | |||||
| Consumer Brands Group | $21.1M+46.5% | $14.4M-85.0% | $96.1M+486% | $16.4M— | |
| Paint Stores Group | $600K+103% | -$21M+22.8% | -$27.2M-25.3% | -$21.7M— | |
| Performance Coatings Group | $20.7M+189% | -$23.3M-187% | $26.9M+26.3% | $21.3M— | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | |||||
| Consumer Brands Group | $509.6M-13.6% | $589.9M+90.7% | $309.3M-1.6% | $314.2M-24.3% | |
| Paint Stores Group | $3.06B+5.5% | $2.9B+1.5% | $2.86B+21.8% | $2.35B+7.6% | |
| Performance Coatings Group | $942.7M-8.3% | $1.03B+3.7% | $991.6M+34.9% | $734.9M+51.2% | |
| Reclassification related to segment change by Business | |||||
| Paint Stores Group | $144.3M— | —— | —— | —— | |
| Performance Coatings Group | -$144.3M— | —— | —— | —— | |
| Cost of goods sold by Business | |||||
| Consumer Brands Group | $7.13B+2.7% | $6.94B-5.0% | $7.31B-1.9% | $7.45B— | |
| Paint Stores Group | $5.95B+0.9% | $5.9B+1.8% | $5.79B-0.6% | $5.83B— | |
| Performance Coatings Group | $4.41B+0.1% | $4.41B-4.3% | $4.61B-7.2% | $4.97B— | |
| Identifiable assets by Business | |||||
| Consumer Brands Group | $29.3B+7.8% | $27.18B— | —— | —— | |
| Paint Stores Group | $25.58B+6.0% | $24.12B— | —— | —— | |
| Performance Coatings Group | $32.21B-0.4% | $32.34B— | —— | —— | |
| Selling, general and administrative expenses by Business | |||||
| Consumer Brands Group | $895.9M+3.8% | $863.1M-2.2% | $882.3M+7.9% | $817.8M— | |
| Paint Stores Group | $4.59B+4.2% | $4.41B+4.6% | $4.21B+10.5% | $3.81B— | |
| Performance Coatings Group | $1.45B+0.2% | $1.44B+1.9% | $1.42B+11.0% | $1.28B— | |
| Interest Expense by Business | |||||
| Consumer Brands Group | $0-100% | $1.4M— | $0— | $0— | |
| Paint Stores Group | $0— | $0— | $0— | $0— | |
| Performance Coatings Group | $0— | $0— | $0— | $0— | |
| Number of net new stores by Business | |||||
| Consumer Brands Group | -27-269% | 16+45.5% | 11+467% | -3-125% | |
| Paint Stores Group | 80+1.3% | 79+12.9% | 70-6.7% | 75+2.7% | |
| New stores opened by Business | |||||
| Consumer Brands Group | $13-27.8% | $18+5.9% | $17— | —— | |
| Paint Stores Group | $83-1.2% | $84+10.5% | $76— | —— | |
| Performance Coatings Group | $6— | —— | $8-79.5% | $39+3,800% | |
| Depreciation by Business | |||||
| Consumer Brands Group | $185.3M+13.9% | $162.7M+7.5% | $151.4M+20.0% | $126.2M+42.1% | |
| Paint Stores Group | $90.2M+0.3% | $89.9M+13.8% | $79M+6.9% | $73.9M+3.6% | |
| Performance Coatings Group | $19M+5.6% | $18M-30.8% | $26M-10.7% | $29.1M-56.0% | |
| Number of stores closed by Business | |||||
| Consumer Brands Group | 40+1,900% | 2-66.7% | 6+100% | 3— | |
| Paint Stores Group | 3-40.0% | 5-16.7% | 6— | —— | |
| Performance Coatings Group | 13— | 0-100% | 3-25.0% | 4— | |
| Amortization by Business | |||||
| Consumer Brands Group | $71.8M+8.1% | $66.4M-8.3% | $72.4M-9.3% | $79.8M-4.9% | |
| Paint Stores Group | $5.6M+229% | $1.7M-48.5% | $3.3M0.0% | $3.3M-5.7% | |
| Performance Coatings Group | $258.3M+0.6% | $256.7M+1.5% | $253M+9.1% | $232M+6.0% | |
| CapEx by Business | |||||
| Consumer Brands Group | $293.1M+2.2% | $286.9M-7.3% | $309.6M+4.9% | $295M+135% | |
| Paint Stores Group | $120.2M-14.9% | $141.3M+26.8% | $111.4M+27.6% | $87.3M+12.5% | |
| Performance Coatings Group | $37.9M+104% | $18.6M-42.9% | $32.6M-15.8% | $38.7M-57.4% | |
| Goodwill acquired during period by Business | |||||
| Consumer Brands Group | $247.8M— | —— | —— | $21.3M— | |
| Paint Stores Group | $31.6M— | —— | —— | $49.7M— | |
| Performance Coatings Group | $27.4M-43.2% | $48.2M+481% | $8.3M-98.0% | $422.5M+172% | |
| Goodwill, Foreign Currency Translation and Measurement Period Adjustments by Business | |||||
| Consumer Brands Group | -$7.5M-2,400% | -$300K+96.7% | -$9.1M-225% | -$2.8M+93.9% | |
| Paint Stores Group | $100K— | —— | —— | —— | |
| Performance Coatings Group | $157.1M+267% | -$93.8M-315% | $43.6M+204% | -$42.1M-72.5% |
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.
