SHERWIN WILLIAMS CO

EDGAR

Annual consolidated revenue for 2025: about USD 23.57B, using the latest reported figures. The previous period, 2024, was about USD 23.1B.

Watchlist

Latest quarter

Revenue

6.86 billion USD

2026 Q3 · USD

Exact inputs and evidence
  • Revenue: 6860000000 USD Source

Operating cash flow

1.1 billion USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 2591100000 USD Source
  • Operating Cash Flow: 1486600000 USD Source
Cash and cash equivalents
264 million USD Source
Exact value

264200000 USD

Long-term debt including current maturities
9.44 billion USD Source
Exact value

9441500000 USD

Shares outstanding
242 million shares Source
Exact value

241600000 shares

Reported share-count change

-2.54% · -6.3 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 247900000 shares · 2025-09-30· Source
  • 241600000 shares · 2026-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

24.9 billion USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Revenue: 23574300000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 17978400000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 5666900000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 6789300000 USD · 2026-04-01 – 2026-06-30 Source
  • Revenue: 6860000000 USD · 2026-07-01 – 2026-09-30 Source

Net income

2.68 billion USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Net income: 2568500000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 2091700000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: 534700000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 843600000 USD · 2026-04-01 – 2026-06-30 Source
  • Net income: 821000000 USD · 2026-07-01 – 2026-09-30 Source

Operating cash flow

3.68 billion USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Operating cash flow: 3451600000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 2359100000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 139100000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 1486600000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 139100000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 2591100000 USD · 2026-01-01 – 2026-09-30 Source
  • Operating cash flow: 1486600000 USD · 2026-01-01 – 2026-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-27.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 9 of 11 periods available· newest 2023-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • liabilities: No compatible figures in this window
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 9 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +2.1%

    Prior period

    USD 23.1 billion

    –

    Current period

    USD 23.57 billion

    –

    Exact inputs and evidence

    23574300000 − 23098500000 = 475800000 USD

    23098500000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    23574300000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    -4.2%

    Prior period

    USD 2.68 billion

    –

    Current period

    USD 2.57 billion

    –

    Exact inputs and evidence

    2568500000 − 2681400000 = -112900000 USD

    2681400000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    2568500000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    +9.5%

    Prior period

    USD 3.15 billion

    –

    Current period

    USD 3.45 billion

    –

    Exact inputs and evidence

    3451600000 − 3153200000 = 298400000 USD

    3153200000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    3451600000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 23.57 billion 100% of revenue
  • Operating costs Derived Unavailable An input is unavailable.
  • Operating income Unavailable An input is unavailable.
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income USD 2.57 billion 11% of revenue

Cash

  • Operating cash flow USD 3.45 billion 15% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 9.6%82%
  • 2017 12%85%
  • 2018 85%
  • 2019 84%
  • 2020 11%82%
  • 2021 9.3%85%
  • 2022 9.1%85%
  • 2023 10%82%
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-3111856000000 9692000000 Derived 2164000000 1031300000 Derived 1132700000 Unavailable
Source
2017 2017-01-01 – 2017-12-3114983800000 12748700000 Derived 2235100000 507200000 Derived 1727900000 Unavailable
Source
2018 2018-01-01 – 2018-12-3117534500000 14922900000 Derived 2611600000 1502900000 Derived 1108700000 Unavailable
Source
2019 2019-01-01 – 2019-12-3117900800000 15092000000 Derived 2808800000 1267500000 Derived 1541300000 Unavailable
Source
2020 2020-01-01 – 2020-12-3118361700000 14987900000 Derived 3373800000 1343400000 Derived 2030400000 Unavailable
Source
2021 2021-01-01 – 2021-12-3119944600000 16860900000 Derived 3083700000 1219300000 Derived 1864400000 Unavailable
Source
2022 2022-01-01 – 2022-12-3122148900000 18751700000 Derived 3397200000 1377100000 Derived 2020100000 Unavailable
Source
2023 2023-01-01 – 2023-12-3123051900000 18890200000 Derived 4161700000 1772900000 Derived 2388800000 Unavailable
Source
2024 2024-01-01 – 2024-12-3123098500000 UnavailableUnavailableUnavailable2681400000 Unavailable
Source
2025 2025-01-01 – 2025-12-3123574300000 UnavailableUnavailableUnavailable2568500000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 23.6B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.25.5B19.1B12.7B6.4B0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue11856000000
2017Revenue14983800000
2018Revenue17534500000
2019Revenue17900800000
2020Revenue18361700000
2021Revenue19944600000
2022Revenue22148900000
2023Revenue23051900000
2024Revenue23098500000
2025Revenue23574300000

Revenue growth

Change in revenue from the same financial period one year earlier.

2.1% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.28.5%21.4%14.2%7.1%0.0%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year4.6%
2017Year over year26.4%
2018Year over year17%
2019Year over year2.1%
2020Year over year2.6%
2021Year over year8.6%
2022Year over year11.1%
2023Year over year4.1%
2024Year over year0.2%
2025Year over year2.1%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 18.1% 2023
Net margin 10.9% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.19.8%14.9%9.9%5.0%0.0%201620212025-12-31
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin18.3%
2017Operating margin14.9%
2018Operating margin14.9%
2019Operating margin15.7%
2020Operating margin18.4%
2021Operating margin15.5%
2022Operating margin15.3%
2023Operating margin18.1%
2024-12-31Operating marginNot reported
2025-12-31Operating marginNot reported
2016Net margin9.6%
2017Net margin11.5%
2018Net margin6.3%
2019Net margin8.6%
2020Net margin11.1%
2021Net margin9.3%
2022Net margin9.1%
2023Net margin10.4%
2024Net margin11.6%
2025Net margin10.9%
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 3.5B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.8B2.9B1.9B950.9M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow1308572000
2017Operating cash flow1884000000
2018Operating cash flow1943700000
2019Operating cash flow2321300000
2020Operating cash flow3408600000
2021Operating cash flow2244600000
2022Operating cash flow1919900000
2023Operating cash flow3521900000
2024Operating cash flow3153200000
2025Operating cash flow3451600000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Liabilities / assetsNot reported
2017-12-31Liabilities / assetsNot reported
2018-12-31Liabilities / assetsNot reported
2019-12-31Liabilities / assetsNot reported
2020-12-31Liabilities / assetsNot reported
2021-12-31Liabilities / assetsNot reported
2022-12-31Liabilities / assetsNot reported
2023-12-31Liabilities / assetsNot reported
2024-12-31Liabilities / assetsNot reported
2025-12-31Liabilities / assetsNot reported

Current assets to current liabilities

Current assets divided by current liabilities.

0.87× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.38×1.04×0.69×0.35×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities1.28×
2017Current assets / current liabilities1.11×
2018Current assets / current liabilities1.01×
2019Current assets / current liabilities1.02×
2020Current assets / current liabilities1×
2021Current assets / current liabilities0.88×
2022Current assets / current liabilities0.99×
2023Current assets / current liabilities0.83×
2024Current assets / current liabilities0.79×
2025Current assets / current liabilities0.87×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 1.13 billion
Exact value

Exact value: 1132700000 USD

2016-01-01 – 2016-12-31: 1132700000 USD Inspect Net Income Open source
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USD 1.31 billion
Exact value

Exact value: 1308572000 USD

2016-01-01 – 2016-12-31: 1308572000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
USD 1.73 billion
Exact value

Exact value: 1727900000 USD

2017-01-01 – 2017-12-31: 1727900000 USD Inspect Net Income Open source
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USD 1.88 billion
Exact value

Exact value: 1884000000 USD

2017-01-01 – 2017-12-31: 1884000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
USD 1.11 billion
Exact value

Exact value: 1108700000 USD

2018-01-01 – 2018-12-31: 1108700000 USD Inspect Net Income Open source
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USD 1.94 billion
Exact value

Exact value: 1943700000 USD

2018-01-01 – 2018-12-31: 1943700000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
USD 1.54 billion
Exact value

Exact value: 1541300000 USD

2019-01-01 – 2019-12-31: 1541300000 USD Inspect Net Income Open source
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USD 2.32 billion
Exact value

Exact value: 2321300000 USD

2019-01-01 – 2019-12-31: 2321300000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
USD 2.03 billion
Exact value

Exact value: 2030400000 USD

2020-01-01 – 2020-12-31: 2030400000 USD Inspect Net Income Open source
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USD 3.41 billion
Exact value

Exact value: 3408600000 USD

2020-01-01 – 2020-12-31: 3408600000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
USD 1.86 billion
Exact value

Exact value: 1864400000 USD

2021-01-01 – 2021-12-31: 1864400000 USD Inspect Net Income Open source
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USD 2.24 billion
Exact value

Exact value: 2244600000 USD

2021-01-01 – 2021-12-31: 2244600000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
USD 2.02 billion
Exact value

Exact value: 2020100000 USD

2022-01-01 – 2022-12-31: 2020100000 USD Inspect Net Income Open source
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USD 1.92 billion
Exact value

Exact value: 1919900000 USD

2022-01-01 – 2022-12-31: 1919900000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
USD 2.39 billion
Exact value

Exact value: 2388800000 USD

2023-01-01 – 2023-12-31: 2388800000 USD Inspect Net Income Open source
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USD 3.52 billion
Exact value

Exact value: 3521900000 USD

2023-01-01 – 2023-12-31: 3521900000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
USD 2.68 billion
Exact value

Exact value: 2681400000 USD

2024-01-01 – 2024-12-31: 2681400000 USD Inspect Net Income Open source
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USD 3.15 billion
Exact value

Exact value: 3153200000 USD

2024-01-01 – 2024-12-31: 3153200000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
USD 2.57 billion
Exact value

Exact value: 2568500000 USD

2025-01-01 – 2025-12-31: 2568500000 USD Inspect Net Income Open source
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USD 3.45 billion
Exact value

Exact value: 3451600000 USD

2025-01-01 – 2025-12-31: 3451600000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

211 filings · 12,336 latest values · 12,336 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000089800, 89800, SHW, edgar:89800

Also known as SHERWIN WILLIAMS CO, THE SHERWIN-WILLIAMS COMPANY