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Sherwin-Williams SHW Paint Stores Group — Cost of goods sold

Other segment segments

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$2.08B+10.0%
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$1.26B+6.5%

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Other financials

Income statement

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Revenue$6.8B+7.5%
Gross profit$3.3B+7.0%
Operating income$1.3B+1.7%
Net income$843.6M+11.8%
EPS (diluted)$3.43+14.3%

Balance sheet

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Cash & equivalents$293.5M+8.8%
Total debt$16.5B+13.7%
Total equity$3.9B-12.4%
Total assets$27.0B+6.3%

Cash flow

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Operating cash flow$1.3B+21.1%
CapEx$108.4M-40.3%
Free cash flow$1.2B+33.1%

Valuation

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Market cap$82.74B-4.6%
Enterprise value$98.91B-2.0%
P/E30.8×-3.3×
P/S3.4×-0.4×

Profitability

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Gross margin49%+0.1pp
Net margin11%0.0pp
FCF margin13.2%+3.8pp

Returns & leverage

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Return on equity65.1%+2.7pp
Debt / equity4.3×+1.0×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by Sherwin-Williams in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Sherwin-Williams’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 1:54 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0000089800-26-000049
Line itemPaint Stores GroupConsumer Brands GroupPerformance Coatings GroupAdministrativeConsolidated Totals
Net sales$3,890.0$983.5$1,913.8$2.0$6,789.3
Intersegment transfers1,555.715.8(1,571.5)
Total net sales and intersegment transfers3,890.02,539.21,929.6(1,569.5)6,789.3
Cost of goods sold1,695.22,075.31,258.5(1,577.7)3,451.3
Selling, general and administrative expenses1,237.0252.0397.6217.12,103.7
Interest expense135.9135.9
Other segment items (1)0.2(1.0)0.2(13.5)(14.1)
Income before income taxes$957.6$212.9$273.3$(331.3)$1,112.5

Item 1. Financial Statements

FAQ

What is Sherwin-Williams's paint stores group — cost of goods sold?
Sherwin-Williams (SHW) reported paint stores group — cost of goods sold of $1.7B in Q2 2026.
How has Sherwin-Williams's paint stores group — cost of goods sold changed year-over-year?
Sherwin-Williams's paint stores group — cost of goods sold increased by 5.0% year-over-year, from $1.61B to $1.7B.
What is the long-term trend for Sherwin-Williams's paint stores group — cost of goods sold?
Over 3 years (2022 to 2025), Sherwin-Williams's paint stores group — cost of goods sold has grown at a 0.7% compound annual growth rate (CAGR), from $5.83B to $5.95B.
What does paint stores group — cost of goods sold mean?
This includes the direct costs attributable to the production and procurement of paint and related products sold through the company's retail stores. It encompasses raw materials, manufacturing labor, and inbound freight costs.

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