The Sherwin-Williams Company (SHW) Tax Rate: 23.06%
Is The Sherwin-Williams Company’s tax rate high or low?
The Sherwin-Williams Company's tax rate of 23.06% is in line with its 5-year average of 21.09%, near the high end of its 5-year range (17.09%–23.19%).
The tax rate for The Sherwin-Williams Company (SHW) is 23.06%. It is above its 12-month average by 1.63% (22.69%).
SHW Tax Rate Chart
SHW Average Tax Rate Chart
SHW Current vs Average Tax Rate Chart
SHW Tax Rate Metrics
TAX RATE
23.06%
TAX RATE AVG TTM
22.69%
TAX RATE AVG 3Y
22.52%
TAX RATE AVG 5Y
21.09%
TAX RATE AVG 10Y
19.04%
TAX RATE AVG 15Y
23.42%
TAX RATE AVG 20Y
25.27%
CURRENT VS TTM AVG
+1.63%
CURRENT VS 3Y AVG
+2.42%
CURRENT VS 5Y AVG
+9.33%
CURRENT VS 10Y AVG
+21.08%
CURRENT VS 15Y AVG
-1.52%
CURRENT VS 20Y AVG
-8.74%
The Sherwin-Williams Company Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Sherwin-Williams Company Tax Rate FAQ
- What is the tax rate for The Sherwin-Williams Company (SHW)?
- The tax rate for SHW stock is 23.06%.
- Is The Sherwin-Williams Company's tax rate high or low?
- The Sherwin-Williams Company's tax rate of 23.06% is in line with its 5-year average of 21.09%, near the high end of its 5-year range (17.09%–23.19%).
- What is the TTM average tax rate for The Sherwin-Williams Company (SHW)?
- The TTM average tax rate for SHW stock is 22.69%.
- What is the 3Y average tax rate for The Sherwin-Williams Company (SHW)?
- The 3Y average tax rate for SHW stock is 22.52%.
- What is the 5Y average tax rate for The Sherwin-Williams Company (SHW)?
- The 5Y average tax rate for SHW stock is 21.09%.
- What is the 10Y average tax rate for The Sherwin-Williams Company (SHW)?
- The 10Y average tax rate for SHW stock is 19.04%.
- What is the 15Y average tax rate for The Sherwin-Williams Company (SHW)?
- The 15Y average tax rate for SHW stock is 23.42%.
- What is the 20Y average tax rate for The Sherwin-Williams Company (SHW)?
- The 20Y average tax rate for SHW stock is 25.27%.
The Sherwin-Williams Company Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 23.06% |
| 2024-12-31 | 22.32% |
| 2023-12-31 | 23.19% |
| 2022-12-31 | 21.49% |
| 2021-12-31 | 17.09% |
| 2020-12-31 | 19.40% |
| 2019-12-31 | 22.23% |
| 2018-12-31 | 18.45% |
| 2017-12-31 | -18.69% |
| 2016-12-31 | 28.99% |
| 2015-12-31 | 31.96% |
| 2014-12-31 | 31.18% |
| 2013-12-31 | 30.70% |
| 2012-12-31 | 31.11% |
| 2011-12-31 | 40.41% |
| 2010-12-31 | 31.77% |
| 2009-12-31 | 30.02% |
| 2008-12-31 | 33.26% |
| 2007-12-31 | 32.57% |
| 2006-12-31 | 30.95% |
| 2005-12-31 | 29.20% |
| 2004-12-31 | 32.00% |
| 2003-12-31 | 36.50% |
| 2002-12-31 | 37.51% |
| 2001-12-31 | 38.00% |
| 2000-12-31 | 88.82% |
| 1999-12-31 | 38.00% |
| 1998-12-31 | 37.99% |
| 1997-12-31 | 39.01% |
| 1996-12-31 | 38.95% |
Related Metrics
About The Sherwin-Williams Company
Cleveland, Ohio-based The Sherwin-Williams Company, established in 1866, is a prominent global player in the development, manufacturing, distribution, and sale of paints, coatings, and related merchandise. Its extensive customer base encompasses professionals, industrial enterprises, commercial clients, and individual consumers. The company's operations are organized into three key segments: 1. The Americas Group: This division provides architectural paints and coatings, protective and marine products, and original equipment manufacturer (OEM) finishes, catering to architectural and industrial painting contractors, as well as do-it-yourself homeowners. 2. Consumer Brands Group: This segment supplies a broad portfolio of both branded and private-label offerings, including architectural paints, stains, varnishes, wood finishes, and various related items like applicators, adhesives, and aerosols, to retailers and distributors. 3. Performance Coatings Group: Focused on specialized applications, this group develops and sells industrial coatings for wood finishing and general industrial use, automotive refinish products, high-performance protective and marine coatings, coil and packaging coatings, and advanced resins and colorants. Sherwin-Williams reaches its global clientele through its approximately 5,000 company-operated stores and facilities (as of February 17, 2022), alongside direct sales personnel and external representatives. The company maintains a significant international footprint, operating across North and South America, the Caribbean, Europe, Asia, and Australia.
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- CEO
- Heidi G. Petz