What is the current annual gross margin of SHW?

As of today, SHW annual gross margin is 48.85%

What is 1-year change in SHW annual gross margin?

SHW annual gross margin is up +1.18% year-over-year

What is 3-year change in SHW annual gross margin?

SHW annual gross margin is up +16.17% over the past 3 years

How far is SHW annual gross margin from its all-time high?

SHW annual gross margin is currently -3.15% below its historical high of 50.44% set on December 31, 2016

How does SHW annual gross margin rank versus sector peers?

SHW annual gross margin is higher than 88.94% of companies in Basic Materials sector

When is SHW next annual earnings release?

The next annual earnings release for SHW is on January 26, 2027

What is the current quarterly gross margin of SHW?

As of today, SHW quarterly gross margin is 46.49%

What is SHW quarterly gross margin most recent change?

SHW quarterly gross margin was down -2.88% on September 30, 2026

What is 1-year change in SHW quarterly gross margin?

SHW quarterly gross margin is down -5.43% year-over-year

How far is SHW quarterly gross margin from its all-time high?

SHW quarterly gross margin is currently -8.50% below its historical high of 50.81% set on June 30, 2016

How does SHW quarterly gross margin rank versus sector peers?

SHW quarterly gross margin is higher than 80.75% of companies in Basic Materials sector

When is SHW next earnings release?

The next earnings release for SHW is on January 26, 2027

SHW Gross Margin History & Chart Since 1980

Annual Gross Margin

48.85%0.57%+1.18%

December 31, 2025

Summary

Current Value: As of today, SHW annual gross margin is 48.85%, up +1.18% on December 31, 2025
Historical Performance: SHW annual gross margin is up +16.17% over the past 3 years, up +4.85% over the past 5 years
All-Time High Comparison: SHW annual gross margin is currently -3.15% below its historical high of 50.44% set on December 31, 2016
3-Year Low Comparison: SHW annual gross margin is +16.17% above its 3-year low of 42.05% reached on an earlier date
Sector Comparison: SHW annual gross margin is higher than 88.94% of companies in Basic Materials sector

Gross Margin Chart

beforeafter

Performance

SHW Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	48.85%	+1.2%	+16.2%	+4.8%	+7.9%
Quarterly Gross Margin	Sep 30, 26	46.49%	-5.4%	-2.5%	+16.0%	+11.3%
Price	Oct 30, 26	$332.61	-4.4%	+41.3%	+5.0%	+1084.5%
PE Ratio	Oct 30, 26	30.56	-10.0%	+21.2%	-29.5%	+69.4%
Annual Revenue	Dec 31, 25	$23.57B	+2.1%	+6.4%	+28.4%	+203.2%
Annual Gross Profit	Dec 31, 25	$11.52B	+3.3%	+23.6%	+34.6%	+227.1%
Annual Operating Margin	Dec 31, 25	16.21%	-0.8%	+17.8%	+4.3%	+68.7%
Annual Net Margin	Dec 31, 25	10.90%	-6.1%	+19.5%	-1.4%	+85.1%

Gross Margin Highs

SHW Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	48.85%	Dec 31, 25	at high
5Y	48.85%	Dec 31, 25	at high
All	50.44%	Dec 31, 16	-3.1%

Gross Margin Lows

SHW Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	42.05%	N/A	+16.2%
5Y	42.05%	Dec 31, 22	+16.2%
All	30.36%	Dec 1, 81	+60.9%

Gross Margin History

Year	Value	Change
2025	48.85%	+1.2%
2024	48.28%	+4.1%
2023	46.37%	+10.3%
2022	42.05%	-1.0%
2021	42.46%	-8.9%
2020	46.59%	+5.3%
2019	44.24%	+9.5%
2018	40.39%	-9.1%
2017	44.44%	-11.9%
2016	50.44%	+1.8%
2015	49.53%	+6.2%
2014	46.66%	+1.9%
2013	45.79%	+2.3%
2012	44.75%	+3.6%
2011	43.19%	-4.6%
2010	45.28%	-2.8%
2009	46.57%	+5.1%
2008	44.32%	-2.4%
2007	45.41%	+2.7%
2006	44.21%	+2.1%
2005	43.31%	-1.8%
2004	44.10%	-2.9%
2003	45.40%	+0.3%

Year	Value	Change
2002	45.25%	+3.3%
2001	43.81%	-1.1%
2000	44.28%	-1.5%
1999	44.94%	+4.1%
1998	43.17%	+0.5%
1997	42.96%	+2.8%
1996	41.80%	-2.0%
1995	42.66%	-0.4%
1994	42.82%	+0.8%
1993	42.46%	+0.7%
1992	42.16%	+2.9%
1991	40.97%	0.0%
1990	40.97%	+0.4%
1989	40.80%	+2.0%
1988	40.01%	-2.5%
1987	41.04%	+0.2%
1986	40.96%	+13.3%
1985	36.14%	+3.8%
1984	34.81%	+3.0%
1983	33.79%	+5.9%
1982	31.92%	+5.1%
1981	30.36%	-2.9%
1980	31.28%	-

FAQ

What is the current annual gross margin of SHW?: As of today, SHW annual gross margin is 48.85%
What is 1-year change in SHW annual gross margin?: SHW annual gross margin is up +1.18% year-over-year
What is 3-year change in SHW annual gross margin?: SHW annual gross margin is up +16.17% over the past 3 years
How far is SHW annual gross margin from its all-time high?: SHW annual gross margin is currently -3.15% below its historical high of 50.44% set on December 31, 2016
How does SHW annual gross margin rank versus sector peers?: SHW annual gross margin is higher than 88.94% of companies in Basic Materials sector
When is SHW next annual earnings release?: The next annual earnings release for SHW is on January 26, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

46.49%1.38%-2.88%

September 30, 2026

Summary

Current Value: As of today, SHW quarterly gross margin is 46.49%, down -2.88% on September 30, 2026
Historical Performance: SHW quarterly gross margin is down -5.43% year-over-year, down -2.50% over the past 3 years
All-Time High Comparison: SHW quarterly gross margin is currently -8.50% below its historical high of 50.81% set on June 30, 2016
3-Year Low Comparison: SHW quarterly gross margin is at its 3-year low
Sector Comparison: SHW quarterly gross margin is higher than 80.75% of companies in Basic Materials sector

Performance

SHW Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	46.49%	-2.9%	-5.4%	-2.5%	+16.0%
Annual Gross Margin	Dec 31, 25	48.85%	–	+1.2%	+16.2%	+4.8%
Price	Oct 30, 26	$332.61	-3.5%	-4.4%	+41.3%	+5.0%
PE Ratio	Oct 30, 26	30.56	-3.9%	-10.0%	+21.2%	-29.5%
Quarterly Revenue	Sep 30, 26	$6.86B	+1.0%	+7.9%	+12.2%	+33.3%
Quarterly Gross Profit	Sep 30, 26	$3.19B	-1.9%	+2.0%	+9.3%	+54.5%
Quarterly Operating Margin	Sep 30, 26	17.80%	-3.7%	-3.8%	-2.8%	+32.0%
Quarterly Net Margin	Sep 30, 26	11.97%	-3.7%	-8.6%	-3.9%	+22.6%

Quarterly Gross Margin Highs

SHW Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	49.16%	N/A	-5.4%
3Y	49.38%	Jun 30, 25	-5.8%
5Y	49.38%	Jun 30, 25	-5.8%
All	50.81%	Jun 30, 16	-8.5%

Quarterly Gross Margin Lows

SHW Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	46.49%	Sep 30, 26	at low
3Y	46.49%	Sep 30, 26	at low
5Y	37.87%	Dec 31, 21	+22.8%
All	35.96%	Dec 31, 18	+29.3%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	46.49%	-2.9%
Jun 2026	47.87%	+0.8%
Mar 2026	47.50%	-2.0%
Dec 2025	48.47%	-1.4%
Sep 2025	49.16%	-0.4%
Jun 2025	49.38%	+2.4%
Mar 2025	48.23%	-0.7%
Dec 2024	48.58%	-1.1%
Sep 2024	49.13%	+0.6%
Jun 2024	48.85%	+3.6%
Mar 2024	47.16%	-2.8%
Dec 2023	48.53%	+1.8%
Sep 2023	47.68%	+3.6%
Jun 2023	46.03%	+3.5%
Mar 2023	44.48%	+8.0%
Dec 2022	41.19%	-0.7%
Sep 2022	41.47%	+2.7%
Jun 2022	40.37%	+2.2%
Mar 2022	39.51%	+4.3%
Dec 2021	37.87%	-5.5%
Sep 2021	40.09%	-7.6%
Jun 2021	43.38%	-0.6%
Mar 2021	43.66%	-3.6%
Dec 2020	45.30%	-1.9%
Sep 2020	46.20%	-0.2%
Jun 2020	46.30%	+6.0%
Mar 2020	43.69%	-0.7%
Dec 2019	44.00%	-0.3%
Sep 2019	44.13%	+2.3%
Jun 2019	43.12%	+5.2%
Mar 2019	40.99%	+14.0%
Dec 2018	35.96%	-11.9%
Sep 2018	40.80%	-0.9%
Jun 2018	41.16%	+1.9%
Mar 2018	40.40%	-2.1%
Dec 2017	41.25%	+2.5%
Sep 2017	40.25%	-11.8%
Jun 2017	45.63%	-5.7%
Mar 2017	48.39%	-3.0%
Dec 2016	49.90%	0.0%
Sep 2016	49.90%	-1.8%
Jun 2016	50.81%	+5.2%
Mar 2016	48.32%	-4.8%
Dec 2015	50.77%	+1.6%
Sep 2015	49.95%	+2.3%
Jun 2015	48.85%	+5.7%
Mar 2015	46.22%	-0.8%
Dec 2014	46.57%	-0.3%
Sep 2014	46.69%	+0.8%
Jun 2014	46.32%	+2.8%
Mar 2014	45.04%	-1.6%
Dec 2013	45.75%	+0.5%
Sep 2013	45.51%	+0.1%
Jun 2013	45.45%	+2.3%
Mar 2013	44.43%	-0.8%
Dec 2012	44.81%	+1.4%
Sep 2012	44.19%	-1.2%
Jun 2012	44.72%	+5.0%
Mar 2012	42.59%	-0.5%
Dec 2011	42.80%	+2.4%
Sep 2011	41.78%	-3.8%
Jun 2011	43.43%	+1.1%
Mar 2011	42.97%	-3.7%
Dec 2010	44.61%	-0.3%
Sep 2010	44.73%	-1.4%
Jun 2010	45.35%	+2.6%
Mar 2010	44.20%	-6.8%
Dec 2009	47.42%	+1.9%
Sep 2009	46.52%	+1.2%
Jun 2009	45.97%	+4.7%
Mar 2009	43.89%	-4.9%
Dec 2008	46.17%	+9.0%
Sep 2008	42.34%	-3.0%
Jun 2008	43.64%	-0.4%
Mar 2008	43.81%	-2.4%

Month	Value	Change
Dec 2007	44.88%	-0.2%
Sep 2007	44.99%	+0.2%
Jun 2007	44.88%	-0.4%
Mar 2007	45.06%	+4.8%
Dec 2006	43.01%	-2.7%
Sep 2006	44.21%	+0.5%
Jun 2006	43.97%	+0.8%
Mar 2006	43.62%	+0.6%
Dec 2005	43.37%	+2.1%
Sep 2005	42.48%	-0.4%
Jun 2005	42.65%	-0.7%
Mar 2005	42.95%	-3.2%
Dec 2004	44.35%	+0.0%
Sep 2004	44.33%	-0.6%
Jun 2004	44.59%	+2.4%
Mar 2004	43.53%	-8.2%
Dec 2003	47.42%	+5.0%
Sep 2003	45.15%	-0.2%
Jun 2003	45.24%	+3.5%
Mar 2003	43.69%	-8.1%
Dec 2002	47.52%	+5.0%
Sep 2002	45.24%	+0.9%
Jun 2002	44.85%	+4.7%
Mar 2002	42.82%	-6.9%
Dec 2001	45.97%	+4.5%
Sep 2001	43.98%	+1.7%
Jun 2001	43.23%	+2.4%
Mar 2001	42.22%	-7.4%
Dec 2000	45.61%	+2.9%
Sep 2000	44.34%	-1.2%
Jun 2000	44.88%	+6.2%
Mar 2000	42.25%	-12.1%
Dec 1999	48.08%	+6.1%
Sep 1999	45.32%	+2.8%
Jun 1999	44.10%	+4.3%
Mar 1999	42.30%	-3.6%
Dec 1998	43.89%	+0.1%
Sep 1998	43.83%	+0.7%
Jun 1998	43.51%	+5.6%
Mar 1998	41.20%	-11.5%
Dec 1997	46.55%	+1.1%
Sep 1997	46.06%	+0.8%
Jun 1997	45.70%	+1.9%
Mar 1997	44.86%	-5.6%
Dec 1996	47.53%	+7.4%
Sep 1996	44.24%	+2.2%
Jun 1996	43.28%	+2.6%
Mar 1996	42.18%	-10.0%
Dec 1995	46.89%	+4.5%
Sep 1995	44.89%	-0.1%
Jun 1995	44.92%	+3.5%
Mar 1995	43.40%	-6.4%
Dec 1994	46.36%	+3.6%
Sep 1994	44.77%	+0.3%
Jun 1994	44.65%	+3.4%
Mar 1994	43.18%	-7.3%
Dec 1993	46.59%	+4.0%
Sep 1993	44.78%	+3.1%
Jun 1993	43.42%	+2.2%
Mar 1993	42.49%	-16.3%
Dec 1992	50.76%	+15.3%
Sep 1992	44.03%	+3.4%
Jun 1992	42.58%	+2.6%
Mar 1992	41.52%	-14.4%
Dec 1991	48.50%	+15.1%
Sep 1991	42.13%	+3.0%
Jun 1991	40.90%	+0.7%
Mar 1991	40.62%	-8.9%
Dec 1990	44.60%	+3.8%
Sep 1990	42.98%	-0.5%
Jun 1990	43.21%	+5.8%
Mar 1990	40.84%	-4.0%
Dec 1989	42.52%	+0.4%
Sep 1989	42.37%	-0.3%
Jun 1989	42.48%	-

FAQ

What is the current quarterly gross margin of SHW?: As of today, SHW quarterly gross margin is 46.49%
What is SHW quarterly gross margin most recent change?: SHW quarterly gross margin was down -2.88% on September 30, 2026
What is 1-year change in SHW quarterly gross margin?: SHW quarterly gross margin is down -5.43% year-over-year
How far is SHW quarterly gross margin from its all-time high?: SHW quarterly gross margin is currently -8.50% below its historical high of 50.81% set on June 30, 2016
How does SHW quarterly gross margin rank versus sector peers?: SHW quarterly gross margin is higher than 80.75% of companies in Basic Materials sector
When is SHW next earnings release?: The next earnings release for SHW is on January 26, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

SHW Official Website www.sherwin-williams.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/89800/000008980026000003/0000089800-26-000003-index.htm
SHW Profile on Yahoo Finance finance.yahoo.com/quote/SHW
SHW Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/shw