Sherwin-Williams Q3 FY25: where the revenue came from and where it went
The whole income statement of Sherwin-Williams for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Oct 28, 2025
Revenue$6.4B
+3% year over year
Gross profit$3.1B
49% margin
Operating profit$1.2B
18% margin
Net profit$0.8B
13% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6.4 | 100% | +3% |
| Paint stores group | 3.8 | 60% | +5% |
| Performance coatings group | 1.8 | 28% | +2% |
| Consumer brands group | 0.8 | 12% | −3% |
| Cost of revenue | −3.2 | 51% | |
| Gross profit | 3.1 | 49% margin | +0pp |
| SG&A | −2.0 | 31% | +0pp |
| Operating profit | 1.2 | 18% margin | −3pp |
| Interest & other costs | −0.1 | ||
| Tax | −0.2 | ||
| Net profit | 0.8 | 13% margin | +0pp |
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