Sherwin-Williams Performance Coatings Group — Amortization increased by 1.4% to $65.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from $63.50M to $65.40M. Over 4 years (FY 2021 to FY 2025), Performance Coatings Group — Amortization shows an upward trend with a 4.2% CAGR.
High amortization often follows acquisitions, indicating the cost of integrating intangible value into the segment's operations.
This is the non-cash expense related to the write-down of intangible assets, such as patents or acquired customer lists,...
Standard accounting metric for intangible asset amortization.
shw_segment_performance_coatings_group_amortization| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $54.73M | $54.73M | $54.73M | $58.00M | $58.00M | $58.00M | $58.00M | $63.25M | $63.25M | $63.25M | $63.25M | $63.80M | $64.30M | $64.10M | $64.50M | $63.50M | $65.80M | $64.50M | $64.50M | $65.40M |
| QoQ Change | — | +0.0% | +0.0% | +6.0% | +0.0% | +0.0% | +0.0% | +9.1% | +0.0% | +0.0% | +0.0% | +0.9% | +0.8% | -0.3% | +0.6% | -1.6% | +3.6% | -2.0% | +0.0% | +1.4% |
| YoY Change | — | — | — | — | +6.0% | +6.0% | +6.0% | +9.1% | +9.1% | +9.1% | +9.1% | +0.9% | +1.7% | +1.3% | +2.0% | -0.5% | +2.3% | +0.6% | +0.0% | +3.0% |