Sherwin-Williams' GAAP net income for 3 months of 2022 was $370.8 million, down 9.5% from $409.6 million in the previous year. Revenue rose 7.4% to $4.999 billion from $4.656 billion a year earlier.

The Sherwin-Williams Board of Directors announced a quarterly dividend of $0.6 per share. The last day to buy securities to receive the dividend is May 18, 2022. The annual dividend yield may reach 0.78%.

Sherwin-Williams has completed its acquisition of Sika's European industrial anti-corrosion coatings business for infrastructure facilities. The company did not specify the amount of the deal. The sales of the business unit amounted to 75 million Swiss francs in 2020.

Sherwin-Williams' GAAP net income for 2021 was $1.864 billion, down 8.2% from $2.03 billion the previous year. Revenue increased 8.6% to $19.945 billion from $18.362 billion a year earlier.