The Sherwin-Williams Company
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.79B | $5.67B | $5.60B | $6.36B | $6.31B | $5.31B | $5.30B | $6.16B |
| Cost of Revenue | $3.45B | $2.89B | $2.88B | $3.23B | $3.20B | $2.75B | $2.72B | $3.14B |
| Gross Profit | $3.34B | $2.78B | $2.71B | $3.13B | $3.12B | $2.56B | $2.57B | $3.03B |
| Gross Margin | 49.2% | 49.1% | 48.5% | 49.2% | 49.4% | 48.2% | 48.6% | 49.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.10B | $1.97B | $1.94B | $1.95B | $2.01B | $1.79B | $1.88B | $1.89B |
| Operating Income | $1.11B | $679.8M | $639.0M | $1.06B | $985.7M | $653.0M | $653.1M | $1.32B |
| Operating Margin | 16.4% | 12.0% | 11.4% | 16.7% | 15.6% | 12.3% | 12.3% | 21.4% |
| Interest Expense | — | — | — | — | — | — | $37.5M | $103.4M |
| Pretax Income | $1.11B | $679.8M | $639.0M | $1.06B | $985.7M | $653.0M | $615.6M | $1.02B |
| Income Tax Expense | $268.9M | $145.1M | $162.2M | $227.4M | $231.0M | $149.1M | $135.5M | $216.6M |
| Net Income | $843.6M | $534.7M | $476.8M | $833.1M | $754.7M | $503.9M | $480.1M | $806.2M |
| Net Margin | 12.4% | 9.4% | 8.5% | 13.1% | 12.0% | 9.5% | 9.1% | 13.1% |
| EPS (Basic) | $3.46 | $2.18 | $1.93 | $3.38 | $3.04 | $2.02 | $1.91 | $3.22 |
| EPS (Diluted) | $3.43 | $2.15 | $1.91 | $3.35 | $3.00 | $2.00 | $1.90 | $3.18 |
| Shares Outstanding (Basic) | 243.9M | 245.7M | 247.6M | 246.2M | 248.4M | 249.4M | 251.0M | 250.6M |
| Shares Outstanding (Diluted) | 246.0M | 248.1M | 250.4M | 249.0M | 251.3M | 252.5M | 254.1M | 253.9M |
| Dividends Per Share | $0.80 | $0.80 | $0.79 | $0.79 | $0.79 | $0.79 | $0.72 | $0.72 |