Sherwin-Williams Gross Margin 2010-2024 | SHW
- Sherwin-Williams average gross margin for 2023 was 44.74%, a 7.6% increase from 2022.
- Sherwin-Williams average gross margin for 2022 was 41.58%, a 8.15% increase from 2021.
- Sherwin-Williams average gross margin for 2021 was 45.27%, a 2.71% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.