Sherwin-Williams Performance Coatings Group — Selling, general and administrative expenses increased by 7.2% to $384.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.2%, from $351.50M to $384.00M. Over 3 years (FY 2022 to FY 2025), Performance Coatings Group — Selling, general and administrative expenses shows an upward trend with a 4.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising expenses may indicate investment in growth or R&D, but if they outpace revenue growth, it may signal declining operational efficiency.
These are the operating expenses incurred by the Performance Coatings Group that are not directly tied to production. Th...
Standard operating expense metric for business segments across industrial sectors.
shw_segment_performance_coatings_group_selling_general_and_administrative_expenses| 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 | $318.90M | $318.90M | $318.90M | $318.90M | $353.88M | $353.88M | $353.88M | $353.88M | $358.30M | $365.10M | $350.60M | $369.00M | $351.50M | $378.20M | $358.10M | $358.30M | $384.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +11.0% | +0.0% | +0.0% | +0.0% | +1.3% | +1.9% | -4.0% | +5.2% | -4.7% | +7.6% | -5.3% | +0.1% | +7.2% |
| YoY Change | — | — | — | — | +11.0% | +11.0% | +11.0% | +11.0% | +1.3% | +3.2% | -0.9% | +4.3% | -1.9% | +3.6% | +2.1% | -2.9% | +9.2% |