The Sherwin-Williams Company SHW

Revenue Intelligence Report • 70 quarters of SEC filing data • Updated 2026-03-06

The Sherwin-Williams Company continues to demonstrate strong revenue generation capabilities, with the latest quarterly revenue reaching $5,596 million. The company's strategic spending in selling, general, and administrative (SG&A) expenses yields a robust long-term return on investment, generating $2.61 in revenue for every dollar spent. With a forecasted FY revenue of $25 billion, reflecting a 4.2% year-over-year growth, the company's outlook remains positive, supported by its effective operational model and consistent performance. Investors can expect continued growth driven by efficient spending and a solid market position.

Next FY Revenue
$24.57B
+4.2% YoY
SG&A Multiplier
$2.61 per $1
Model Accuracy
3.6% MAPE
Holdout validation: The model predicted $6B vs the actual $6B — an error of 1.1%.
Note: The Sherwin-Williams Company does not report R&D expenses separately. This analysis uses SG&A spending only.

Revenue Forecast

SHW Revenue Forecast

Quarterly Detail

QuarterModel ForecastActual95% RangeYoY GrowthStatus
Q4 2025 $6B $6B $5B – $6B +6.8% ✓ In range
Q2 2026 $6B $5B – $6B +9.8%
Q3 2026 $6B $6B – $7B +1.4%
Q4 2026 $6B $6B – $7B +0.5%
Q1 2027 $6B $5B – $7B +6.4%

How Spending Drives Revenue

SHW Spending Timing
Reading this chart: Each line shows the cumulative revenue generated per $1 spent over subsequent quarters. The effect builds over 4-5 quarters as investments mature.

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