TTM
$3.86B
YoY change
+1.1%
5Y CAGR
+5.9%
Peak year (2025)
$3.80B
Cumulative operating income
$46.07B
Operating Income history chart for Sherwin-Williams (SHW) from 1985 to 2025
Latest: $3.80B
Operating Income growth chart for Sherwin-Williams (SHW) from 1985 to 2025
Latest: +1.1%
Operating Income history table for Sherwin-Williams (SHW) from 1985 to 2025
| 2025 | $3.80B | +1.1% | +$42.90M | ||
| 2024 | $3.76B | +4.3% | +$155.50M | ||
| 2023 | $3.61B | +20.2% | +$605.80M | ||
| 2022 | $3.00B | +12.6% | +$335.90M | ||
| 2021 | $2.66B | -6.6% | −$189.50M | ||
| 2020 | $2.85B | +17.7% | +$428.80M | ||
| 2019 | $2.43B | +28.3% | +$535.00M | ||
| 2018 | $1.89B | +11.3% | +$191.40M | ||
| 2017 | $1.70B | -0.8% | −$13.66M | ||
| 2016 | $1.71B | +6.1% | +$98.03M | ||
| 2015 | $1.61B | +23.7% | +$309.17M | ||
| 2014 | $1.31B | +13.4% | +$153.84M | ||
| 2013 | $1.15B | +22.5% | +$211.79M | ||
| 2012 | $939.84M | +21.3% | +$165.19M | ||
| 2011 | $774.65M | +3.9% | +$28.78M | ||
| 2010 | $745.87M | +7.4% | +$51.09M | ||
| 2009 | $694.77M | -16.9% | −$141.13M | ||
| 2008 | $835.90M | -15.1% | −$148.38M | ||
| 2007 | $984.28M | +9.2% | +$82.56M | ||
| 2006 | $901.71M | +19.6% | +$147.57M | ||
| 2005 | $754.14M | +19.2% | +$121.67M | ||
| 2004 | $632.48M | +10.3% | +$58.84M | ||
| 2003 | $573.63M | +3.5% | +$19.57M | ||
| 2002 | $554.06M | +13.1% | +$64.29M | ||
| 2001 | $489.77M | -13.7% | −$77.47M | ||
| 2000 | $567.24M | -1.4% | −$7.86M | ||
| 1999 | $575.10M | +8.2% | +$43.50M | ||
| 1998 | $531.60M | +1.6% | +$8.40M | ||
| 1997 | $523.20M | +25.0% | +$104.60M | ||
| 1996 | $418.60M | +30.3% | +$97.30M | ||
| 1995 | $321.30M | +4.0% | +$12.40M | ||
| 1994 | $308.90M | +14.0% | +$37.90M | ||
| 1993 | $271.00M | +11.2% | +$27.30M | ||
| 1992 | $243.70M | +13.2% | +$28.50M | ||
| 1991 | $215.20M | +17.5% | +$32.10M | ||
| 1990 | $183.10M | +12.5% | +$20.40M | ||
| 1989 | $162.70M | +20.5% | +$27.70M | ||
| 1988 | $135.00M | -10.1% | −$15.10M | ||
| 1987 | $150.10M | +5.5% | +$7.80M | ||
| 1986 | $142.30M | +1.4% | +$1.90M | ||
| 1985 | $140.40M | — | — |
- 2025$3.80B+1.1%
- 2024$3.76B+4.3%
- 2023$3.61B+20.2%
- 2022$3.00B+12.6%
- 2021$2.66B-6.6%
- 2020$2.85B+17.7%
- 2019$2.43B+28.3%
- 2018$1.89B+11.3%
- 2017$1.70B-0.8%
- 2016$1.71B+6.1%
- 2015$1.61B+23.7%
- 2014$1.31B+13.4%
- 2013$1.15B+22.5%
- 2012$939.84M+21.3%
- 2011$774.65M+3.9%
- 2010$745.87M+7.4%
- 2009$694.77M-16.9%
- 2008$835.90M-15.1%
- 2007$984.28M+9.2%
- 2006$901.71M+19.6%
- 2005$754.14M+19.2%
- 2004$632.48M+10.3%
- 2003$573.63M+3.5%
- 2002$554.06M+13.1%
- 2001$489.77M-13.7%
- 2000$567.24M-1.4%
- 1999$575.10M+8.2%
- 1998$531.60M+1.6%
- 1997$523.20M+25.0%
- 1996$418.60M+30.3%
- 1995$321.30M+4.0%
- 1994$308.90M+14.0%
- 1993$271.00M+11.2%
- 1992$243.70M+13.2%
- 1991$215.20M+17.5%
- 1990$183.10M+12.5%
- 1989$162.70M+20.5%
- 1988$135.00M-10.1%
- 1987$150.10M+5.5%
- 1986$142.30M+1.4%
- 1985$140.40M—
Operating Income values are taken from Sherwin-Williams's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at Sherwin-Williams (SHW)
According to Sherwin-Williams's latest reported financial statements, the company's current operating income (TTM) is $3.86B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Sherwin-Williams (SHW) reported operating income of $3.80B – edged up 1.1% year-over-year.
Across 2020–2025 (5 years), Sherwin-Williams operating income produced a CAGR of +5.9% – sustaining 4 straight years of year-over-year growth.
$3.80B stands as the all-time-high annual operating income, posted in 2025, against a low of $135.00M during 1988.
Sherwin-Williams Operating Income by Year
Sherwin-Williams Operating Income 2025: $3.80B
In 2025, Sherwin-Williams reported operating income of $3.80B, edged up 1.1% from 2024. This figure represents the highest annual value in the available history.
Sherwin-Williams Operating Income 2024: $3.76B
Sherwin-Williams operating income in 2024 was $3.76B, edged up 4.3% from 2023.
Sherwin-Williams Operating Income 2023: $3.61B
2023's operating income for Sherwin-Williams came in at $3.61B, grew 20.2% from 2022.
Sherwin-Williams Operating Income 2022: $3.00B
Sherwin-Williams posted operating income of $3.00B in 2022, grew 12.6% from 2021.
Sherwin-Williams Operating Income 2021: $2.66B
Sherwin-Williams operating income in 2021 was $2.66B.
See more financial history for Sherwin-Williams (SHW).
Sector peers by Operating Income
Basic Materials peers of Sherwin-Williams (SHW), ranked by their latest operating income
| $10.35B | |
| $8.94B | |
| $7.00B | |
| $6.33B | |
| $6.29B | |
| $5.32B | |
| $2.91B | |
| −$877.00M |
- $10.35B
- $8.94B
- $7.00B
- $6.33B
- $6.29B
- $5.32B
- $2.91B
- −$877.00M
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Sherwin-Williams (SHW) Key Financials
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