The Sherwin-Williams financials
$330.44−0.71%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.57B | $23.10B | $23.05B | $22.15B | $19.94B | $18.36B | $17.90B | $17.53B | $14.98B | $11.86B |
| Gross profit | $11.52B | $11.20B | $10.76B | $9.33B | $8.54B | $8.68B | $8.04B | $7.42B | $6.72B | $5.92B |
| Gross margin | 48.8% | 48.5% | 46.7% | 42.1% | 42.8% | 47.3% | 44.9% | 42.3% | 44.8% | 49.9% |
| Operating income | $3.82B | $3.77B | $3.69B | $3.00B | $2.56B | $2.86B | $2.29B | $1.74B | $1.69B | $1.73B |
| Net income | $2.57B | $2.68B | $2.39B | $2.02B | $1.86B | $2.03B | $1.54B | $1.11B | $1.73B | $1.13B |
| Net margin | 10.9% | 11.6% | 10.4% | 9.1% | 9.3% | 11.1% | 8.6% | 6.3% | 11.5% | 9.6% |
| Diluted EPS | $10.26 | $10.55 | $9.25 | $7.72 | $6.98 | $7.36 | $5.50 | $3.89 | $6.07 | $4.00 |
| EBITDA | $4.60B | $4.47B | $4.38B | $3.60B | $3.13B | $3.53B | $2.98B | $2.47B | $2.30B | $1.94B |
| Operating cash flow | $3.45B | $3.15B | $3.52B | $1.92B | $2.24B | $3.41B | $2.32B | $1.94B | $1.88B | $1.31B |
| Free cash flow | $2.65B | $2.08B | $2.63B | $1.28B | $1.87B | $3.10B | $1.99B | $1.69B | $1.66B | $1.07B |
| Diluted shares | 250.4M | 254.1M | 258.3M | 261.8M | 267.1M | 275.8M | 280.3M | 285.0M | 284.8M | 283.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $207.2M | $210.4M | $276.8M | $198.8M | $165.7M | $226.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total debt | $10.87B | $9.89B | $9.85B | $10.57B | $9.62B | $8.29B |
| Total assets | $25.90B | $23.63B | $22.95B | $22.59B | $20.67B | $20.40B |
| Total liabilities | $21.30B | $19.58B | $19.24B | $19.49B | $18.23B | $16.79B |
| Shareholders' equity | $4.60B | $4.05B | $3.72B | $3.10B | $2.44B | $3.61B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology