SHERWIN WILLIAMS CO SHW
Last close
333.71
2026-09-04
Market cap
$81.01B
2026-06-30 share count
52-week range
289.86 - 377.77
Valuation FY2025 figures against the last close
P/S3.4x
P/E32.5x
P/FCF30.5x
EV/EBITDA—
Dividend yield1.0%
Diluted EPS10.26
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.57B | $23.10B | $23.05B | $22.15B | $19.94B | $18.36B | $17.90B | $17.53B | $14.98B | $11.86B |
| Cost of revenue | $12.06B | $11.90B | $12.29B | $12.82B | $11.40B | $9.68B | $9.86B | $10.12B | $8.27B | $5.93B |
| Gross profit | $11.52B | $11.20B | $10.76B | $9.33B | $8.54B | $8.68B | $8.04B | $7.42B | $6.72B | $5.92B |
| R&D | — | — | — | — | — | — | — | $51.9M | $58.5M | $58.0M |
| SG&A | $7.70B | $7.42B | $7.07B | $6.33B | $5.88B | $5.48B | $5.27B | $5.03B | $4.80B | $4.14B |
| Operating income | — | — | $4.16B | $3.40B | $3.08B | $3.37B | $2.81B | $2.61B | $2.24B | $2.16B |
| Interest expense | $465.0M | $415.7M | $417.5M | $390.8M | $334.7M | $340.4M | $349.3M | $366.7M | $263.5M | $154.1M |
| Pre-tax income | $3.34B | $3.45B | $3.11B | $2.57B | $2.25B | $2.52B | $1.98B | $1.36B | $1.47B | $1.60B |
| Income tax | $769.7M | $770.4M | $721.1M | $553.0M | $384.2M | $488.8M | $440.5M | $251.0M | $300.2M | $462.5M |
| Net income | $2.57B | $2.68B | $2.39B | $2.02B | $1.86B | $2.03B | $1.54B | $1.11B | $1.73B | $1.13B |
| EPS, basic | 10.37 | 10.68 | 9.35 | 7.83 | 7.10 | 7.48 | 5.60 | 11.92 | 18.60 | 12.33 |
| EPS, diluted | 10.26 | 10.55 | 9.25 | 7.72 | 6.98 | 7.36 | 5.50 | 11.67 | 18.20 | 11.99 |
| Shares, diluted (wtd. avg.) | $250.4M | $254.1M | $258.3M | $261.8M | $267.1M | $275.8M | $280.3M | $95.0M | $94.9M | $94.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $207.2M | $210.4M | $276.8M | $198.8M | $165.7M | $226.6M | $161.8M | $155.5M | $204.2M | $889.8M |
| Receivables | $2.79B | $2.39B | $2.47B | $2.56B | $2.35B | $2.08B | $2.09B | $2.02B | $2.10B | $1.23B |
| Inventory | $2.32B | $2.29B | $2.33B | $2.63B | $1.93B | $1.80B | $1.89B | $1.82B | $1.74B | $1.07B |
| Total current assets | $6.01B | $5.40B | $5.51B | $5.91B | $5.05B | $4.59B | $4.63B | $4.34B | $4.41B | $3.63B |
| Property, plant and equipment | $4.14B | $3.53B | $2.84B | $2.21B | $1.87B | $1.83B | $1.84B | $1.78B | $1.88B | $1.10B |
| Goodwill | $8.04B | $7.58B | $7.63B | $7.58B | $7.13B | $7.05B | $7.00B | $6.96B | $6.81B | $1.13B |
| Other intangibles | $3.97B | $3.53B | $3.88B | $4.00B | $4.00B | $4.47B | $4.73B | $5.20B | $6.00B | $255.0M |
| Total assets | $25.90B | $23.63B | $22.95B | $22.59B | $20.67B | $20.40B | $20.50B | $19.13B | $19.90B | $6.75B |
| Accounts payable | $2.35B | $2.25B | $2.31B | $2.44B | $2.40B | $2.12B | $1.88B | $1.80B | $1.79B | $1.03B |
| Short-term debt | $350.1M | $1.05B | $1.10B | $600.0K | $260.6M | $25.1M | $429.8M | $307.2M | $1.2M | $700.5M |
| Total current liabilities | $6.92B | $6.81B | $6.63B | $5.96B | $5.72B | $4.59B | $4.52B | $4.30B | $3.99B | $2.83B |
| Long-term debt | $9.32B | $8.18B | $8.38B | $9.59B | $8.59B | $8.27B | $8.05B | $8.71B | $9.89B | $1.21B |
| Retained earnings | $1.03B | $7.25B | $5.29B | $3.52B | $2.12B | $844.3M | $7.37B | $6.25B | $5.46B | $4.05B |
| Total equity | $4.60B | $4.05B | $3.72B | $3.10B | $2.44B | $3.61B | $4.12B | $3.73B | $3.65B | $1.88B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.45B | $3.15B | $3.52B | $1.92B | $2.24B | $3.41B | $2.32B | $1.94B | $1.88B | $1.31B |
| Depreciation and amortisation | $340.3M | $297.4M | $292.3M | $264.0M | $263.1M | $268.0M | $262.1M | $278.2M | $285.0M | $172.1M |
| Stock-based compensation | $123.5M | $138.1M | $115.9M | $99.7M | $97.7M | $95.9M | $101.7M | $82.6M | $90.3M | $72.1M |
| Capital expenditure | $797.6M | $1.07B | $888.4M | $644.5M | $372.0M | $303.8M | $328.9M | $251.0M | $222.8M | $239.0M |
| Investing cash flow | -$2.07B | -$1.20B | -$1.04B | -$1.61B | -$476.4M | -$322.4M | -$462.6M | -$251.6M | -$9.05B | -$303.8M |
| Financing cash flow | -$1.38B | -$2.02B | -$2.42B | -$282.4M | -$1.83B | -$3.02B | -$1.85B | -$1.75B | $6.51B | -$307.4M |
| Dividends paid | $789.8M | $723.4M | $623.7M | $618.5M | $587.1M | $488.0M | $420.8M | $322.9M | $319.0M | $312.1M |
| Buybacks | $1.66B | $1.74B | $1.43B | $883.2M | $2.75B | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000089800-26-000008.
Others in SIC 5200
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| FAST | FASTENAL CO | $56.92B | 45.5x | 8.7% |
| TSCO | TRACTOR SUPPLY CO /DE/ | $18.23B | 17.0x | 4.3% |
| GRWG | GrowGeneration Corp. | $96.9M | — | -14.4% |
| IPW | iPower Inc. | $9.9M | — | -23.2% |
| ZKH | ZKH Group Ltd | — | — | — |