SHW (Sherwin-Williams Co) Tax Rate %: 21.34% (As of Mar. 2026)


SHW Sherwin-Williams Co SHW
87 GF Score
Price $333.99
GF Value $355.78
Valuation Fairly Valued
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What is Sherwin-Williams Co Tax Rate %?

Sherwin-Williams Co SHW +0.59% 87 Tax Rate % is 21.34% as of Mar. 2026. GuruFocus rates SHW with a GF Score™ of 87/100 and a GF Value™ of $355.78 (Fairly Valued).

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sherwin-Williams Co's Tax Expense for the three months ended in Mar. 2026 was $145 Mil. Sherwin-Williams Co's Pre-Tax Income for the three months ended in Mar. 2026 was $680 Mil. Therefore, Sherwin-Williams Co's Tax Rate % for the quarter that ended in Mar. 2026 was 21.34%.

Sherwin-Williams Co Tax Rate % Related Terms

Sherwin-Williams Co Tax Rate % Historical Data

* Premium members only.

The historical data trend for Sherwin-Williams Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sherwin-Williams Co Tax Rate % Chart

Sherwin-Williams Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.09 21.49 23.19 22.32 23.06

Sherwin-Williams Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.83 23.44 21.44 25.38 21.34
SHW
87GF Score
Sherwin-Williams Co SHW
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sherwin-Williams Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Sherwin-Williams Co's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=769.7/3338.2
=23.06 %

Sherwin-Williams Co's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=145.1/679.8
=21.34 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 21.34% mean?
Sherwin-Williams Co (SHW) has a Tax Rate % of 21.34% as of Mar. 2026.
Is Sherwin-Williams Co's Tax Rate % too high?
Sherwin-Williams Co's current Tax Rate % is 21.34%. Overall, Sherwin-Williams Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sherwin-Williams Co's Tax Rate % compare to ECL and APD?
Sherwin-Williams Co's Tax Rate % of 21.34% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Chemicals company?
A good Tax Rate % depends on the Chemicals industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Sherwin-Williams Co's current Tax Rate % is 21.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sherwin-Williams Co stock overvalued right now?
Based on GuruFocus' analysis, Sherwin-Williams Co (SHW) is currently considered Fairly Valued. The stock's GF Value™ is $355.78, compared to a current price of $333.99 — trading 6.1% below its estimated fair value. The current Tax Rate % is 21.34%. Sherwin-Williams Co's overall GF Score™ is 87/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Sherwin-Williams Co (SHW), the current Tax Rate % is 21.34% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sherwin-Williams Co (SHW) Overvalued in 2026?

Based on GuruFocus' analysis, Sherwin-Williams Co stock appears to be undervalued. The current stock price of $333.99 is trading 6.1% below its estimated GF Value™ of $355.78. GuruFocus considers Sherwin-Williams Co to be Fairly Valued.

Key valuation signals for SHW:

  • Tax Rate %: 21.34%
  • GF Value™: $355.78 vs. price of $333.99 (6.1% below fair value)
  • GF Score™: 87/100

No single metric tells the full story. See the SHW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sherwin-Williams Co Business Description

Address 1 Sherwin Way, Cleveland, OH, USA, 44113-2206
Sherwin-Williams is the largest global manufacturer of paints and coatings. The company focuses on the development, manufacturing, and distribution of paint, coatings, and related products to customers ranging from professional painters and contractors to industrial manufacturers to do-it-yourself consumers. Sherwin organizes its operations into three primary segments: the paint stores group is the largest segment and includes the company's network of over 4,800 company-owned stores; the consumer brands group sells branded architectural paints through big-box retailers such as Lowe's, and the performance coatings group provides specialized coatings for industrial applications, such as automotive refinishing, packaging, and industrial wood.
87GF Score

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$333.99
Price
$355.78
GF Value