Sherwin-Williams SHW
$344.10 −$4.91 (-1.41%)
Market closed · Nov 7, 9:50 pm ET · Last extended-hours $344.10 0.00%
Open$340.70
Prev close$349.01
Day range$338.20 – $347.09
Volume2.09M
Market cap$83.13B
P/E (TTM)31.7
Dividend yield0.93%
Fundamentals
Latest reported quarter: Q3, ended Sep 2026
Revenue$6.86B+7.9% YoY
Operating profit$1.21B+4.5% YoY
Net profit$821.00M-1.5% YoY
Diluted EPS$3.38+0.9% YoY
Free cash flow$975.80M-12.2% YoY
Operating cash flow$1.10B
Revenue, last 8 quarters
Net profit, last 8 quarters
Diluted EPS by quarter
Free cash flow by quarter
Annual revenue
Profitability & balance sheet
Gross margin48.6%
Operating margin16.2%
Net margin10.7%
Return on equity63.7%
Return on assets10.1%
Return on invested capital17.1%
Current ratio0.71
Liabilities / assets85.3%
Cash & investments$264.20M
Total debt$13.49B
Net cash (debt)-$13.23B
Free cash flow / sales12.4%
Where the revenue comes from
Quarter 2026/Q2
By business line
Income statement
| Line item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 |
|---|---|---|---|---|---|
| Total Revenue as Reported | $6.86B | $6.79B | $5.67B | $23.57B | $5.60B |
| Total Operating Revenue | $6.86B | $6.79B | $5.67B | $23.57B | $5.60B |
| Cost of Revenue | $3.58B | $3.45B | $2.89B | $12.06B | $2.88B |
| Gross Profit | $3.28B | $3.34B | $2.78B | $11.52B | $2.71B |
| Operating Expense | $2.07B | $2.11B | $1.98B | $7.72B | $1.92B |
| Selling and Admin Expenses | $2.07B | $2.10B | $1.98B | $7.70B | $1.92B |
| -General & Admin Expense | $2.07B | $2.10B | $1.98B | $7.70B | $1.92B |
| Other Operating Expenses | -$100,000.00 | $3.30M | $100,000.00 | $15.30M | $1.20M |
| Operating Profit | $1.21B | $1.23B | $802.70M | $3.80B | $789.70M |
| Net Non-Operating Interest Income (Expense) | -$133.40M | -$130.50M | -$128.80M | -$470.20M | -$145.10M |
| Non-Operating Interest Income | $5.90M | $5.40M | $2.80M | $11.20M | $2.90M |
| Non-Operating Interest Expense | $139.30M | $135.90M | $131.60M | $465.00M | $131.60M |
| Other Income (Expense) | -$8.40M | $12.00M | $5.90M | $11.70M | -$5.60M |
| Gain on Sale of Security | -$16.60M | $9.40M | $2.50M | -$35.50M | -$11.40M |
| Special Income (Charges) | -$2.40M | -$100,000.00 | $1.90M | $16.20M | -$11.00M |
| -Gain on Sale of Property/Plant/Equipment | -$2.40M | -$100,000.00 | $1.90M | $34.00M | $6.80M |
| Other Non-Operating Income (Expenses) | $10.60M | $2.70M | $1.50M | $31.00M | $16.80M |
| Pretax Profit | $1.06B | $1.11B | $679.80M | $3.34B | $639.00M |
| Tax | $242.50M | $268.90M | $145.10M | $769.70M | $162.20M |
| Net Profit | $821.00M | $843.60M | $534.70M | $2.57B | $476.80M |
| Profit from Continuing Operations | $821.00M | $843.60M | $534.70M | $2.57B | $476.80M |
| Net Income to Parent Company | $821.00M | $843.60M | $534.70M | $2.57B | $476.80M |
| Net Income to Common Stockholders | $821.00M | $843.60M | $534.70M | $2.57B | $476.80M |
| Basic EPS | $3.41 | $3.46 | $2.18 | $10.37 | $1.94 |
| Diluted EPS | $3.38 | $3.43 | $2.15 | $10.26 | $1.92 |
| Dividend Per Share | $0.80 | $0.80 | $0.80 | $3.16 | $0.79 |
| Total Other Finance Costs | – | – | – | $16.40M | $4.20M |
| -Less:Impairment of Capital Assets | – | – | – | $17.80M | – |
| -Gain on Sale Of Business | – | – | – | $0.00 | – |
Balance sheet
| Line item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 |
|---|---|---|---|---|---|
| Total Assets | $26.96B | $26.95B | $26.38B | $25.90B | $25.90B |
| Total Current Assets | $7.03B | $7.00B | $6.50B | $6.01B | $6.01B |
| Cash and Cash Equivalents & Short-Term Investments | $264.20M | $293.50M | $216.90M | $207.20M | $207.20M |
| -Cash and Cash Equivalents | $264.20M | $293.50M | $216.90M | $207.20M | $207.20M |
| Receivables | $3.60B | $3.57B | $3.19B | $2.79B | $2.79B |
| -Accounts Receivable | $3.60B | $3.57B | $3.19B | $2.79B | $2.79B |
| Inventory | $2.55B | $2.53B | $2.47B | $2.32B | $2.32B |
| Other Current Assets | $618.10M | $604.80M | $617.50M | $690.80M | $690.80M |
| Total Non-Current Assets | $19.93B | $19.95B | $19.88B | $19.89B | $19.89B |
| Net PPE | $6.33B | $6.28B | $6.21B | $6.13B | $6.13B |
| -Gross PPE | $9.81B | $9.67B | $9.54B | $9.38B | $9.38B |
| -Accumulated Depreciation | -$3.48B | -$3.40B | -$3.33B | -$3.25B | -$3.25B |
| Goodwill and Other Intangible Assets | $11.72B | $11.83B | $11.89B | $12.00B | $12.00B |
| -Goodwill | $7.98B | $8.02B | $8.00B | $8.04B | $8.04B |
| -Other Intangible Assets | $3.74B | $3.80B | $3.89B | $3.97B | $3.97B |
| Other Non-Current Assets | $1.89B | $1.85B | $1.78B | $1.76B | $1.76B |
| Total Liabilities | $22.98B | $23.10B | $21.95B | $21.30B | $21.30B |
| Total Current Liabilities | $9.85B | $9.63B | $7.53B | $6.92B | $6.92B |
| Payables | $4.01B | $4.00B | $3.47B | $3.38B | $3.38B |
| -Accounts Payable | $2.90B | $2.83B | $2.60B | $2.35B | $2.35B |
| -Total Tax Payable | $1.12B | $1.17B | $863.70M | $1.03B | $1.03B |
| Current Accrued Expenses | $1.50B | $1.40B | $1.21B | $1.51B | $1.51B |
| Short-Term Debt and Capital Lease Obligation | $4.34B | $4.23B | $2.86B | $2.03B | $2.03B |
| -Current Debt | $3.85B | $3.74B | $2.38B | $1.55B | $1.55B |
| -Current Capital Lease Obligation | $487.60M | $486.50M | $484.70M | $479.80M | $479.80M |
| Total Non-Current Liabilities | $13.14B | $13.47B | $14.41B | $14.38B | $14.38B |
| Long Term Debt and Capital Lease Obligation | $9.64B | $9.98B | $10.93B | $10.91B | $10.91B |
| -Long Term Debt | $7.94B | $8.33B | $9.32B | $9.32B | $9.32B |
| -Long Term Capital Lease Obligation | $1.70B | $1.66B | $1.60B | $1.59B | $1.59B |
| Non-Current Deferred Liabilities | $742.40M | $757.20M | $765.40M | $765.30M | $765.30M |
| Employee Benefits | $134.00M | $133.40M | $131.60M | $129.80M | $129.80M |
| Other Non-Current Liabilities | $2.62B | $2.60B | $2.59B | $2.58B | $2.58B |
| Total Equity | $3.98B | $3.85B | $4.43B | $4.60B | $4.60B |
| Stockholders' Equity | $3.98B | $3.85B | $4.43B | $4.60B | $4.60B |
| Capital Stock | $83.40M | $83.30M | $83.20M | $83.10M | $83.10M |
| -Common Stock | $83.40M | $83.30M | $83.20M | $83.10M | $83.10M |
| Additional Paid-In Capital | $4.36B | $4.32B | $4.28B | $4.20B | $4.20B |
| Retained Earnings | $2.64B | $2.01B | $1.37B | $1.03B | $1.03B |
| Less: Treasury Stock | $2.49B | $1.97B | $707.80M | $84.30M | $84.30M |
| Gains/Losses Not Affecting Retained Earnings | -$616.20M | -$594.10M | -$586.80M | -$634.40M | -$634.40M |
Cash flow
| Line item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1.10B | $1.35B | $139.10M | $3.45B | $1.09B |
| Net cash flow from continuing operations | $1.10B | $1.35B | $139.10M | $3.45B | $1.09B |
| Net Income from Continuing Operations | $821.00M | $843.60M | $534.70M | $2.57B | $476.80M |
| Gain/Loss from Continuing Operations | $2.50M | $1.90M | $1.50M | -$20.80M | -$23.80M |
| Depreciation & Depletion & Amortization | $187.50M | $186.40M | $186.80M | $676.90M | $186.40M |
| Deferred Tax | -$19.70M | -$7.70M | -$3.20M | $153.20M | $97.80M |
| Other Non-Cash Items | $116.70M | $102.30M | $150.60M | $338.50M | -$8.60M |
| Change in Working Capital | -$59.60M | $155.20M | -$792.30M | -$636.30M | $178.80M |
| -Change in Other Current Liabilities | -$122.80M | -$120.80M | -$118.70M | -$503.70M | -$120.90M |
| -Change In Other Working Capital | $63.20M | $276.00M | -$673.60M | -$25.90M | $406.40M |
| Net cash flow from investing | -$151.90M | -$207.70M | -$170.50M | -$2.07B | -$171.60M |
| Net Cash Flow from Continuing Investing Activities | -$151.90M | -$207.70M | -$170.50M | -$2.07B | -$171.60M |
| Capital Expenditure | -$128.70M | -$108.40M | -$138.30M | -$797.60M | -$230.40M |
| Net Business Purchase and Sale | -$800,000.00 | -$64.90M | $0.00 | -$1.21B | -$1.09B |
| Net Other Investing Changes | -$22.40M | -$34.40M | -$32.20M | -$57.40M | $1.15B |
| Financing Cash Flow | -$977.80M | -$1.06B | $47.60M | -$1.38B | -$942.30M |
| Net Cash Flow from Continuing Financing Activities | -$977.80M | -$1.06B | $47.60M | -$1.38B | -$942.30M |
| Net Issuance Payments Of Debt | -$280.30M | $373.10M | $830.90M | $1.01B | -$646.60M |
| Net Common Stock Issuance | -$520.10M | -$1.26B | -$575.60M | -$1.66B | -$118.00M |
| Cash Dividends Paid | -$194.30M | -$197.50M | -$197.10M | -$789.80M | -$195.80M |
| Proceeds from Stock Option Exercised | $43.90M | $18.00M | $47.60M | $140.60M | $22.10M |
| Net Other Financing Charges | -$27.00M | $3.80M | -$58.20M | -$86.80M | -$4.00M |
| Ending Cash Balance | $264.20M | $293.50M | $216.90M | $207.20M | $207.20M |
| Net Change in Cash | -$25.20M | $75.80M | $16.20M | $6.70M | -$21.40M |
| Beginning Cash Balance | $293.50M | $216.90M | $207.20M | $210.40M | $241.50M |
| Effect of Exchange Rate Changes | -$4.10M | $800,000.00 | -$6.50M | -$9.90M | -$12.90M |
| Free Cash Flow | $975.80M | $1.24B | $800,000.00 | $2.65B | $862.10M |
| -Change in Receivables | – | – | – | -$178.90M | – |
| -Change in Inventory | – | – | – | $132.50M | – |
| -Change in Payables and Accrued Expense | – | – | – | -$60.30M | – |
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