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+4.6% | $8.55B+1.7% | $8.39B-0.2% | $8.36B-0.7% | $8.37B-1.5% | |
| Paint Stores Group | $13.72B+3.5% | $13.61B+3.2% | $13.52B+3.3% | $13.34B+2.8% | $13.25B+3.1% | |
| Performance Coatings Group | $6.93B+2.8% | $6.82B-0.5% | $6.77B-2.1% | $6.74B-3.2% | $6.74B-3.7% | |
| Percent to Net sales by Business | ||||||
| Performance Coatings Group | 41.3%— | 41%— | —— | —— | —— | |
| Other segment items by Business | ||||||
| Consumer Brands Group | $14M+62.8% | $21.1M+46.5% | $19.3M-41.9% | $14.6M-74.0% | $8.6M-89.1% | |
| Paint Stores Group | $4.8M+129% | $600K+103% | -$19M+0.5% | -$15.1M+37.1% | -$16.4M+39.9% | |
| Performance Coatings Group | $8.7M+149% | $20.7M+189% | $7.2M+160% | $8.4M+226% | -$17.7M-182% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Consumer Brands Group | $574.9M+1.1% | $509.6M-13.6% | $520M-1.3% | $528.2M+14.1% | $568.4M+54.1% | |
| Paint Stores Group | $3.08B+4.4% | $3.06B+5.5% | $3.02B+5.4% | $2.96B+2.6% | $2.95B+4.4% | |
| Performance Coatings Group | $962.4M-4.0% | $942.7M-8.3% | $927.1M-9.0% | $946.5M-8.9% | $1B-0.7% | |
| Cost of goods sold by Business | ||||||
| Consumer Brands Group | $7.23B+4.2% | $7.13B+2.7% | $6.99B-2.3% | $6.96B-2.9% | $6.94B-2.6% | |
| Paint Stores Group | $5.98B+1.5% | $5.95B+0.9% | $5.96B-0.8% | $5.88B+0.6% | $5.89B+3.9% | |
| Performance Coatings Group | $4.48B+3.8% | $4.41B+0.1% | $4.38B-3.9% | $4.33B-5.6% | $4.32B-5.6% | |
| Identifiable assets by Business | ||||||
| Consumer Brands Group | $30.46B+10.8% | $29.3B+7.8% | $28.13B+4.3% | $27.93B— | $27.49B— | |
| Paint Stores Group | $25.98B+6.8% | $25.58B+6.0% | $25.08B+4.5% | $24.57B— | $24.33B— | |
| Performance Coatings Group | $32.02B-0.5% | $32.21B-0.4% | $32.2B-1.7% | $32.35B— | $32.2B— | |
| Selling, general and administrative expenses by Business | ||||||
| Consumer Brands Group | $937.5M+9.3% | $895.9M+3.8% | $854.3M-2.7% | $854.7M-3.6% | $857.7M-3.1% | |
| Paint Stores Group | $4.65B+5.0% | $4.59B+4.2% | $4.56B+4.9% | $4.52B+5.9% | $4.43B+4.9% | |
| Performance Coatings Group | $1.48B+3.0% | $1.45B+0.2% | $1.46B+2.0% | $1.45B+1.3% | $1.44B+1.1% | |
| Interest Expense by Business | ||||||
| Consumer Brands Group | $0-100% | $0-100% | $1.4M— | $1.5M— | $1.4M— | |
| Paint Stores Group | $0— | $0— | $0— | $0— | $0— | |
| Performance Coatings Group | $0— | $0— | $0— | $0— | $0— | |
| Depreciation by Business | ||||||
| Consumer Brands Group | $192.3M+12.2% | $185.3M+13.9% | $177.2M+12.9% | $174.3M+14.6% | $171.4M+13.7% | |
| Paint Stores Group | $91.8M+1.3% | $90.2M+0.3% | $92.2M+8.8% | $90.7M+9.5% | $90.6M+12.3% | |
| Performance Coatings Group | $19.2M+12.3% | $19M+5.6% | $18.6M-5.6% | $17.7M-22.0% | $17.1M-32.1% | |
| Amortization by Business | ||||||
| Consumer Brands Group | $75.7M+14.4% | $71.8M+8.1% | $67.3M-1.0% | $66.9M-3.7% | $66.2M-7.2% | |
| Paint Stores Group | $7.3M+462% | $5.6M+229% | $3.6M+69.4% | $1.4M-49.1% | $1.3M-60.3% | |
| Performance Coatings Group | $260.2M+1.5% | $258.3M+0.6% | $258.3M+1.1% | $257.9M+1.3% | $256.4M+1.1% | |
| CapEx by Business | ||||||
| Consumer Brands Group | $287.9M+9.4% | $293.1M+2.2% | $287.5M+7.4% | $301.4M+7.8% | $263.1M-15.9% | |
| Paint Stores Group | $112.1M-15.3% | $120.2M-14.9% | $134M+4.7% | $136.3M+11.6% | $132.3M+10.9% | |
| Performance Coatings Group | $29.3M-5.5% | $37.9M+104% | $42.8M+95.9% | $41M+104% | $31M+26.8% |
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.
