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The Sherwin-Williams Company (SHW) Gross margin

annual gross margin:

48.28%+1.91%(+4.12%)
December 31, 2024

Summary

  • As of today (August 25, 2025), SHW annual gross profit margin is 48.28%, with the most recent change of +1.91% (+4.12%) on December 31, 2024.
  • During the last 3 years, SHW annual gross margin has risen by +5.82% (+13.71%).
  • SHW annual gross margin is now -4.28% below its all-time high of 50.44%, reached on December 31, 2016.

Performance

1-year change

+4.12%

3-year change

+13.71%

5-year change

+9.13%

15-year change

+8.64%

SHW Gross margin Chart

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Highlights

Sector rank

93.1%
SHW annual gross profit margin is higher than 93.1% of companies in Basic Materials sector

Range

All-time high

50.44%
SHW annual gross profit margin is currently -4.28% below its historical high of 50.44%

3-year low

42.05%
SHW annual gross profit margin is currently +14.82% above its 3-year low

Earnings dates

Last annual earnings report date

Dec 31, 2024
SHW previous annual earnings announcement was published on Dec 31, 2024

Next annual earnings report date

N/A
SHW next annual earnings announcement has not yet been scheduled

OtherSHWprofitability metrics

Annual revenue

$23.10B
SHW annual revenue is $23.10 billion

Annual gross profit

$11.15B
SHW annual gross profit is $11.15 billion

annual operating margin

-35.38%
SHW annual operating profit margin is -35.38%

annual net margin

11.61%
SHW annual net profit margin is 11.61%

quarterly gross margin:

49.38%+1.15%(+2.38%)
June 30, 2025

Summary

  • As of today (August 25, 2025), SHW quarterly gross profit margin is 49.38%, with the most recent change of +1.15% (+2.38%) on June 30, 2025.
  • Over the past year, SHW quarterly gross margin has increased by +0.53% (+1.08%).
  • SHW quarterly gross margin is now -2.81% below its all-time high of 50.81%, reached on June 30, 2016.

Performance

3-month change

+2.38%

1-year change

+1.08%

3-year change

+22.32%

5-year change

+6.65%

SHW quarterly gross margin Chart

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Highlights

Sector rank

89.1%
SHW quarterly gross profit margin is higher than 89.1% of companies in Basic Materials sector

Range

All-time high

50.81%
SHW quarterly gross profit margin is currently -2.81% below its historical high of 50.81%

3-year low

40.37%
SHW quarterly gross profit margin is currently +22.32% above its 3-year low

Earnings dates

Last quarterly earnings report date

Jun 30, 2025
SHW previous earnings announcement was published on Jun 30, 2025

Next quarterly earnings report date

Oct 28, 2025
SHW next earnings announcement is scheduled for Oct 28, 2025

OtherSHWprofitability metrics

Quarterly revenue

$6.31B
SHW quarterly revenue is $6.31 billion

quarterly gross profit

$3.12B
SHW quarterly gross profit is $3.12 billion

quarterly operating margin

18.45%
SHW quarterly operating profit margin is 18.45%

Quarterly net margin

11.95%
SHW quarterly net profit margin is 11.95%

Gross margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

annual gross margin

48.28%
SHW annual gross profit margin is 48.28%

Annual gross profit

$11.15B
SHW annual gross profit is $11.15 billion

Annual revenue

$23.10B
SHW annual revenue is $23.10 billion

SHW Gross margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+4.1%+1.1%
3 y3 years+13.7%+22.3%
5 y5 years+9.1%+6.7%

SHW Gross margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-yearat high+14.8%at high+22.3%
5 y5-yearat high+14.8%at high+30.4%
alltimeall time-4.3%+59.0%-2.8%+37.3%

SHW Gross margin History

DateAnnualQuarterly
Jun 2025
-
49.38%(+2.4%)
Mar 2025
-
48.23%(-0.7%)
Dec 2024
48.28%(+4.1%)
48.58%(-1.1%)
Sep 2024
-
49.13%(+0.6%)
Jun 2024
-
48.85%(+3.6%)
Mar 2024
-
47.16%(-2.8%)
Dec 2023
46.37%(+10.3%)
48.53%(+1.8%)
Sep 2023
-
47.68%(+3.6%)
Jun 2023
-
46.03%(+3.5%)
Mar 2023
-
44.48%(+8.0%)
Dec 2022
42.05%(-1.0%)
41.19%(-0.7%)
Sep 2022
-
41.47%(+2.7%)
Jun 2022
-
40.37%(+2.2%)
Mar 2022
-
39.51%(+4.3%)
Dec 2021
42.46%(-8.9%)
37.87%(-5.5%)
Sep 2021
-
40.09%(-7.6%)
Jun 2021
-
43.38%(-0.6%)
Mar 2021
-
43.66%(-3.6%)
Dec 2020
46.59%(+5.3%)
45.30%(-1.9%)
Sep 2020
-
46.20%(-0.2%)
Jun 2020
-
46.30%(+6.0%)
Mar 2020
-
43.69%(-0.7%)
Dec 2019
44.24%(+9.5%)
44.00%(-0.3%)
Sep 2019
-
44.13%(+2.3%)
Jun 2019
-
43.12%(+5.2%)
Mar 2019
-
40.99%(+14.0%)
Dec 2018
40.39%(-9.1%)
35.96%(-11.9%)
Sep 2018
-
40.80%(-0.9%)
Jun 2018
-
41.16%(+1.9%)
Mar 2018
-
40.40%(-2.1%)
Dec 2017
44.44%(-11.9%)
41.25%(+2.5%)
Sep 2017
-
40.25%(-11.8%)
Jun 2017
-
45.63%(-5.7%)
Mar 2017
-
48.39%(-3.0%)
Dec 2016
50.44%(+1.8%)
49.90%(0.0%)
Sep 2016
-
49.90%(-1.8%)
Jun 2016
-
50.81%(+5.2%)
Mar 2016
-
48.32%(-4.8%)
Dec 2015
49.53%(+6.2%)
50.77%(+1.6%)
Sep 2015
-
49.95%(+2.3%)
Jun 2015
-
48.85%(+5.7%)
Mar 2015
-
46.22%(-0.8%)
Dec 2014
46.66%(+1.9%)
46.57%(-0.3%)
Sep 2014
-
46.69%(+0.8%)
Jun 2014
-
46.32%(+2.8%)
Mar 2014
-
45.04%(-1.6%)
Dec 2013
45.79%(+2.3%)
45.75%(+0.5%)
Sep 2013
-
45.51%(+0.1%)
Jun 2013
-
45.45%(+2.3%)
Mar 2013
-
44.43%(-0.8%)
Dec 2012
44.75%(+3.6%)
44.81%(+1.4%)
Sep 2012
-
44.19%(-1.2%)
Jun 2012
-
44.72%(+5.0%)
Mar 2012
-
42.59%(-0.5%)
Dec 2011
43.19%(-4.6%)
42.80%(+2.4%)
Sep 2011
-
41.78%(-3.8%)
Jun 2011
-
43.43%(+1.1%)
Mar 2011
-
42.97%(-3.7%)
Dec 2010
45.28%(-2.8%)
44.61%(-0.3%)
Sep 2010
-
44.73%(-1.4%)
Jun 2010
-
45.35%(+2.6%)
Mar 2010
-
44.20%(-6.8%)
Dec 2009
46.57%(+5.1%)
47.42%(+1.9%)
Sep 2009
-
46.52%(+1.2%)
Jun 2009
-
45.97%(+4.7%)
Mar 2009
-
43.89%(-4.9%)
Dec 2008
44.32%(-2.4%)
46.17%(+9.0%)
Sep 2008
-
42.34%(-3.0%)
Jun 2008
-
43.64%(-0.4%)
Mar 2008
-
43.81%(-2.4%)
Dec 2007
45.41%(+2.7%)
44.88%(-0.2%)
Sep 2007
-
44.99%(+0.2%)
Jun 2007
-
44.88%(-0.4%)
Mar 2007
-
45.06%(+4.8%)
Dec 2006
44.21%
43.01%(-2.7%)
Sep 2006
-
44.21%(+0.5%)
Jun 2006
-
43.97%(+0.8%)
DateAnnualQuarterly
Mar 2006
-
43.62%(+0.6%)
Dec 2005
43.31%(-1.8%)
43.37%(+2.1%)
Sep 2005
-
42.48%(-0.4%)
Jun 2005
-
42.65%(-0.7%)
Mar 2005
-
42.95%(-3.2%)
Dec 2004
44.10%(-2.9%)
44.35%(+0.0%)
Sep 2004
-
44.33%(-0.6%)
Jun 2004
-
44.59%(+2.4%)
Mar 2004
-
43.53%(-8.2%)
Dec 2003
45.40%(+0.3%)
47.42%(+5.0%)
Sep 2003
-
45.15%(-0.2%)
Jun 2003
-
45.24%(+3.5%)
Mar 2003
-
43.69%(-8.1%)
Dec 2002
45.25%(+3.3%)
47.52%(+5.0%)
Sep 2002
-
45.24%(+0.9%)
Jun 2002
-
44.85%(+4.7%)
Mar 2002
-
42.82%(-6.9%)
Dec 2001
43.81%(-1.1%)
45.97%(+4.5%)
Sep 2001
-
43.98%(+1.7%)
Jun 2001
-
43.23%(+2.4%)
Mar 2001
-
42.22%(-7.4%)
Dec 2000
44.28%(-1.5%)
45.61%(+2.9%)
Sep 2000
-
44.34%(-1.2%)
Jun 2000
-
44.88%(+6.2%)
Mar 2000
-
42.25%(-12.1%)
Dec 1999
44.94%(+4.1%)
48.08%(+6.1%)
Sep 1999
-
45.32%(+2.8%)
Jun 1999
-
44.10%(+4.3%)
Mar 1999
-
42.30%(-3.6%)
Dec 1998
43.17%(+0.5%)
43.89%(+0.1%)
Sep 1998
-
43.83%(+0.7%)
Jun 1998
-
43.51%(+5.6%)
Mar 1998
-
41.20%(-11.5%)
Dec 1997
42.96%(+2.8%)
46.55%(+1.1%)
Sep 1997
-
46.06%(+0.8%)
Jun 1997
-
45.70%(+1.9%)
Mar 1997
-
44.86%(-5.6%)
Dec 1996
41.80%(-2.0%)
47.53%(+7.4%)
Sep 1996
-
44.24%(+2.2%)
Jun 1996
-
43.28%(+2.6%)
Mar 1996
-
42.18%(-10.0%)
Dec 1995
42.66%(-0.4%)
46.89%(+4.5%)
Sep 1995
-
44.89%(-0.1%)
Jun 1995
-
44.92%(+3.5%)
Mar 1995
-
43.40%(-6.4%)
Dec 1994
42.82%(+0.8%)
46.36%(+3.6%)
Sep 1994
-
44.77%(+0.3%)
Jun 1994
-
44.65%(+3.4%)
Mar 1994
-
43.18%(-7.3%)
Dec 1993
42.46%(+0.7%)
46.59%(+4.0%)
Sep 1993
-
44.78%(+3.1%)
Jun 1993
-
43.42%(+2.2%)
Mar 1993
-
42.49%(-16.3%)
Dec 1992
42.16%(+2.9%)
50.76%(+15.3%)
Sep 1992
-
44.03%(+3.4%)
Jun 1992
-
42.58%(+2.6%)
Mar 1992
-
41.52%(-14.4%)
Dec 1991
40.97%(0.0%)
48.50%(+15.1%)
Sep 1991
-
42.13%(+3.0%)
Jun 1991
-
40.90%(+0.7%)
Mar 1991
-
40.62%(-8.9%)
Dec 1990
40.97%(+0.4%)
44.60%(+3.8%)
Sep 1990
-
42.98%(-0.5%)
Jun 1990
-
43.21%(+5.8%)
Mar 1990
-
40.84%(-4.0%)
Dec 1989
40.80%(+2.0%)
42.52%(+0.4%)
Sep 1989
-
42.37%(-0.3%)
Jun 1989
-
42.48%
Dec 1988
40.01%(-2.5%)
-
Dec 1987
41.04%(+0.2%)
-
Dec 1986
40.96%(+13.3%)
-
Dec 1985
36.14%(+3.8%)
-
Dec 1984
34.81%(+3.0%)
-
Dec 1983
33.79%(+5.9%)
-
Dec 1982
31.92%(+5.1%)
-
Dec 1981
30.36%(-2.9%)
-
Dec 1980
31.28%
-

FAQ

  • What is The Sherwin-Williams Company annual gross profit margin?
  • What is the all time high annual gross margin for The Sherwin-Williams Company?
  • What is The Sherwin-Williams Company annual gross margin year-on-year change?
  • What is The Sherwin-Williams Company quarterly gross profit margin?
  • What is the all time high quarterly gross margin for The Sherwin-Williams Company?
  • What is The Sherwin-Williams Company quarterly gross margin year-on-year change?

What is The Sherwin-Williams Company annual gross profit margin?

The current annual gross margin of SHW is 48.28%

What is the all time high annual gross margin for The Sherwin-Williams Company?

The Sherwin-Williams Company all-time high annual gross profit margin is 50.44%

What is The Sherwin-Williams Company annual gross margin year-on-year change?

Over the past year, SHW annual gross profit margin has changed by +1.91% (+4.12%)

What is The Sherwin-Williams Company quarterly gross profit margin?

The current quarterly gross margin of SHW is 49.38%

What is the all time high quarterly gross margin for The Sherwin-Williams Company?

The Sherwin-Williams Company all-time high quarterly gross profit margin is 50.81%

What is The Sherwin-Williams Company quarterly gross margin year-on-year change?

Over the past year, SHW quarterly gross profit margin has changed by +0.53% (+1.08%)
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