Performance Coatings Group — Cost of goods sold
Sherwin-Williams Performance Coatings Group — Cost of goods sold increased by 6.7% to $1.11B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $1.04B to $1.11B. Over 3 years (FY 2022 to FY 2025), Performance Coatings Group — Cost of goods sold shows a downward trend with a -3.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to sales suggests rising input costs or manufacturing inefficiencies, whereas a decrease indicates improved production cost management.
Detailed definition
This metric captures the direct costs attributable to the production of the goods sold by the Performance Coatings Group...
Peer comparison
Standard cost of goods sold metric for industrial manufacturing segments.
shw_segment_performance_coatings_group_cost_of_goods_soldHistorical Data
| 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 | $1.24B | $1.24B | $1.24B | $1.24B | $1.15B | $1.15B | $1.15B | $1.15B | $1.12B | $1.17B | $1.11B | $1.00B | $1.04B | $1.18B | $1.16B | $1.04B | $1.11B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -7.2% | +0.0% | +0.0% | +0.0% | -2.6% | +4.2% | -4.6% | -10.1% | +3.4% | +14.1% | -2.1% | -10.4% | +6.7% |
| YoY Change | — | — | — | — | -7.2% | -7.2% | -7.2% | -7.2% | -2.6% | +1.4% | -3.2% | -13.0% | -7.6% | +1.2% | +3.8% | +3.5% | +6.9% |
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Frequently Asked Questions
- What is Sherwin-Williams's performance coatings group — cost of goods sold?
- Sherwin-Williams (SHW) reported performance coatings group — cost of goods sold of $1.11B in Q1 2026.
- How has Sherwin-Williams's performance coatings group — cost of goods sold changed year-over-year?
- Sherwin-Williams's performance coatings group — cost of goods sold increased by 6.9% year-over-year, from $1.04B to $1.11B.
- What is the long-term trend for Sherwin-Williams's performance coatings group — cost of goods sold?
- Over 3 years (2022 to 2025), Sherwin-Williams's performance coatings group — cost of goods sold has grown at a -3.9% compound annual growth rate (CAGR), from $4.97B to $4.41B.
- What does performance coatings group — cost of goods sold mean?
- The direct costs incurred to manufacture and supply the products sold by this business segment.