SHERWIN WILLIAMS CO
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SHW FY 2025 request
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Income Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Revenue (FY) | — | — | — |
Show Geography breakouts |
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| Non Us | 4.62 | 4.43 | +4.3% |
| Revenue | 23,574.3 | 23,098.5 | +2.1% |
Show Business Segments breakouts |
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| Consumer Brands Group | 3,166.4 | 3,108 | +1.9% |
| Consumer Brands Group · Intersegment Elimination | 5,388.2 | 5,304.3 | +1.6% |
| Consumer Brands Group · Operating Segments | 8,554.6 | 8,412.3 | +1.7% |
| Paint Stores Group | 13,605.9 | 13,188 | +3.2% |
| Paint Stores Group · Operating Segments | 13,605.9 | 13,188 | +3.2% |
| Performance Coatings Group | 6,795.2 | 6,797.3 | -0.0% |
| Performance Coatings Group · Intersegment Elimination | 26.6 | 56.8 | -53.2% |
| Performance Coatings Group · Operating Segments | 6,821.8 | 6,854.1 | -0.5% |
Show Consolidation Items breakouts |
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| Administrative and Eliminations | -5,408 | -5,355.9 | -1.0% |
| Corporate Non Segment | 6.8 | 5.2 | +30.8% |
| Intersegment Elimination | -5,414.8 | -5,361.1 | -1.0% |
| Cost of Revenue | 12,058.8 | 11,903.4 | +1.3% |
Show Business Segments breakouts |
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| Consumer Brands Group · Operating Segments | 7,128 | 6,943.5 | +2.7% |
| Paint Stores Group · Operating Segments | 5,954.5 | 5,900.8 | +0.9% |
| Performance Coatings Group · Operating Segments | 4,412.3 | 4,406.5 | +0.1% |
Show Consolidation Items breakouts |
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| Administrative and Eliminations | -5,436 | -5,347.4 | -1.7% |
| Gross Profit | 11,515.5 | 11,195.1 | +2.9% |
| Research & Development (FY) | — | — | — |
Show Income Statement Location breakouts |
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| Cost Of Sales | 224.8 | 217.3 | +3.5% |
| Selling, General & Administrative | 7,695 | 7,422.1 | +3.7% |
Show Business Segments breakouts |
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| Consumer Brands Group · Operating Segments | 895.9 | 863.1 | +3.8% |
| Paint Stores Group · Operating Segments | 4,589.3 | 4,405.6 | +4.2% |
| Performance Coatings Group · Operating Segments | 1,446.1 | 1,443 | +0.2% |
Show Consolidation Items breakouts |
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| Administrative and Eliminations | 763.7 | 710.4 | +7.5% |
| Interest Expense | 465 | 415.7 | +11.9% |
Show Consolidation Items breakouts |
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| Administrative and Eliminations | 465 | 414.3 | +12.2% |
| Other Non-Operating Income (Expense) | 20.9 | -44.7 | +146.8% |
| Income Before Taxes | 3,338.2 | 3,451.8 | -3.3% |
Show Business Segments breakouts |
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| Consumer Brands Group · Operating Segments | 509.6 | 589.9 | -13.6% |
| Paint Stores Group · Operating Segments | 3,061.5 | 2,902.6 | +5.5% |
| Performance Coatings Group · Operating Segments | 942.7 | 1,027.9 | -8.3% |
Show Consolidation Items breakouts |
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| Administrative and Eliminations | -1,175.6 | -1,068.6 | -10.0% |
| Income Tax Expense (Benefit) | 769.7 | 770.4 | -0.1% |
| Net Income | 2,568.5 | 2,681.4 | -4.2% |
Show Equity Components breakouts |
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| Retained Earnings | 2,568.5 | 2,681.4 | -4.2% |
| Comprehensive Income | 2,809.3 | 2,430.5 | +15.6% |
| Other Comprehensive Income | 240.8 | -250.9 | +196.0% |
Show Equity Components breakouts |
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| Accumulated Other Comprehensive Income | 240.8 | -250.9 | +196.0% |
| EPS (Basic) | 10.37 | 10.68 | -2.9% |
| EPS (Diluted) | 10.26 | 10.55 | -2.7% |
| Wtd Avg Shares (Basic) | 247.6 | 251 | -1.4% |
| Wtd Avg Shares (Diluted) | 250.4 | 254.1 | -1.5% |
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax | 4.7 | — | — |
Show Derivative Risk breakouts |
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| Interest Rate Lock Agreements | 4.7 | — | — |
| Foreign Currency Transaction Gain Loss Before Tax | 45.4 | 3.9 | +1064.1% |
Balance Sheet
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 207.2 | 210.4 | -1.5% |
| Accounts Receivable | 2,791.2 | 2,388.8 | +16.8% |
| Inventory | 2,318.2 | 2,288.1 | +1.3% |
| Other Assets Current | 690.8 | 513.5 | +34.5% |
| Total Current Assets | 6,007.4 | 5,400.8 | +11.2% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 4,137.4 | 3,533.2 | +17.1% |
| Goodwill | 8,036.6 | 7,580.1 | +6.0% |
Show Business Segments breakouts |
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| Consumer Brands Group | 2,032.8 | 1,792.5 | +13.4% |
| Paint Stores Group | 2,407.8 | 2,376.1 | +1.3% |
| Performance Coatings Group | 3,596 | 3,411.5 | +5.4% |
Show Business Acquisition breakouts |
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| Suvinil | 247.8 | — | — |
| Operating Lease Right-of-Use Assets | 1,995.2 | 1,953.8 | +2.1% |
| Other Non-Current Assets | 1,759 | 1,631.5 | +7.8% |
| Total Assets | 25,901.7 | 23,632.6 | +9.6% |
Show Business Segments breakouts |
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| Consumer Brands Group · Operating Segments | 8,025.5 | 6,854.7 | +17.1% |
| Paint Stores Group · Operating Segments | 6,378.6 | 5,878 | +8.5% |
| Performance Coatings Group · Operating Segments | 7,859.5 | 7,847.4 | +0.2% |
Show Geography breakouts |
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| Non Us | 7.24 | 5.21 | +39.0% |
Show Consolidation Items breakouts |
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| Administrative and Eliminations | 3,638.1 | 3,052.5 | +19.2% |
| Intangible Assets | 3,172.2 | 3,025.3 | +4.9% |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Computer Software Intangible Asset | 66.9 | 30.7 | +117.9% |
| Customer Relationships | 1,888.7 | 1,698.2 | +11.2% |
| Intellectual Property | 1,149.1 | 1,225.3 | -6.2% |
| Other Intangible Assets | 67.5 | 71.1 | -5.1% |
| Other Assets | |||
| Intangible Assets Net Excluding Goodwill | 3,966.1 | 3,533.2 | +12.3% |
| Current Liabilities | |||
| Short Term Borrowings | 1,200.5 | 662.4 | +81.2% |
Show Debt Instrument breakouts |
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| Domestic commercial paper · Commercial Paper | 281.4 | 655.6 | -57.1% |
| EUR DTTL Credit Agreement | 293.6 | — | — |
| Foreign facilities | 0.5 | 6.8 | -92.6% |
| USD DTTL Credit Agreement | 625 | — | — |
| Accounts Payable | 2,354.2 | 2,253.2 | +4.5% |
| Employee Related Liabilities Current | 839.4 | 842.8 | -0.4% |
| Taxes Payable Current | 187.4 | 174.3 | +7.5% |
| Current Portion of Long-Term Debt | 350.1 | 1,049.2 | -66.6% |
| Operating Lease Liability Current | 479.8 | 466.6 | +2.8% |
| Other Liabilities Current | 1,508.9 | 1,360.2 | +10.9% |
Show Retirement Plan Type breakouts |
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| Other Postretirement Benefit Plans Defined Benefit · US | 14.1 | 14.4 | -2.1% |
| Pension Plans Defined Benefit · Foreign Plan | 6.7 | 6 | +11.7% |
Show Consolidated Entities breakouts |
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| Variable Interest Entity Not Primary Beneficiary | 123.4 | 101.4 | +21.7% |
| Total Current Liabilities | 6,920.3 | 6,808.7 | +1.6% |
| Deferred Revenue (Current) | 427.3 | 386.2 | +10.6% |
| Non-Current Liabilities | |||
| Long-Term Debt | 9,320.7 | 8,176.8 | +14.0% |
| Other Postretirement Defined Benefit Plan Liabilities Noncurrent | 129.8 | 120.7 | +7.5% |
Show Retirement Plan Type breakouts |
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| Other Postretirement Benefit Plans Defined Benefit · US | 111.5 | 120.7 | -7.6% |
| Deferred Tax Liabilities | 765.3 | 607.5 | +26.0% |
| Operating Lease Liabilities | 1,591.5 | 1,558.3 | +2.1% |
| Other Non-Current Liabilities | 2,575.8 | 2,309.4 | +11.5% |
Show Retirement Plan Type breakouts |
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| Pension Plans Defined Benefit · Foreign Plan | 76.6 | 61.8 | +23.9% |
Show Consolidated Entities breakouts |
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| Variable Interest Entity Not Primary Beneficiary | 667.8 | 600.3 | +11.2% |
| Long-Term Debt | 9,670.8 | 9,226 | +4.8% |
Show Debt Instrument breakouts |
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| 0.53% to 8.00% Promissory Notes · Unsecured Debt | 0.1 | 0.2 | -50.0% |
| 2.20% Senior Notes · Senior Notes | 496.1 | 495.5 | +0.1% |
| 2.30% Senior Notes · Senior Notes | 498 | 497.6 | +0.1% |
| 2.90% Senior Notes · Senior Notes | 492.4 | 492.1 | +0.1% |
| 2.95% Senior Notes · Senior Notes | 796.5 | 795.5 | +0.1% |
| 3.30% Senior Notes · Senior Notes | 494.8 | 494.6 | 0.0% |
| 3.45% Senior Notes · Senior Notes | 1,497.5 | 1,495.7 | +0.1% |
| 3.80% Senior Notes · Senior Notes | 544 | 543.7 | +0.1% |
| 3.95% Senior Notes · Senior Notes | 350.1 | 351.6 | -0.4% |
| 4.00% Senior Notes · Senior Notes | 297.3 | 297.2 | 0.0% |
| 4.30% Senior Notes · Senior Notes | 497.1 | — | — |
| 4.40% Senior Notes · Senior Notes | 241.8 | 241.3 | +0.2% |
| 4.50% Senior Notes · Senior Notes | 1,234.5 | 1,233.7 | +0.1% |
| 4.50% Senior Notes · Senior Notes | 495.5 | — | — |
| 4.55% Senior Notes · Senior Notes | 395.6 | 395.4 | +0.1% |
| 4.55% Senior Notes · Senior Notes | 398.4 | 397.6 | +0.2% |
| 4.80% Senior Notes · Senior Notes | 445.7 | 445 | +0.2% |
| 5.15% Senior Notes · Senior Notes | 495.4 | — | — |
| Contract With Customer Liability Noncurrent | 10.3 | 1.6 | +543.8% |
| Stockholders' Equity | |||
| Common Stock | 83.1 | 92.5 | -10.2% |
| Additional Paid-In Capital | 4,204.5 | 4,576.2 | -8.1% |
| Retained Earnings | 1,029.4 | 7,246.3 | -85.8% |
| Treasury Stock Common Value | -84.3 | -6,988.6 | +98.8% |
| Accumulated Other Comprehensive Income | -634.4 | -875.2 | +27.5% |
| Total Stockholders' Equity | 4,598.3 | 4,051.2 | +13.5% |
Show Equity Components breakouts |
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| Accumulated Defined Benefit Plans Adjustment | 59.5 | 73.1 | -18.6% |
| Accumulated Gain Loss Net Cash Flow Hedge Parent | 25.5 | 24.6 | +3.7% |
| Accumulated Other Comprehensive Income | -634.4 | -875.2 | +27.5% |
| Accumulated Translation Adjustment | -719.4 | -972.9 | +26.1% |
| Common Stock | 83.1 | 92.5 | -10.2% |
| Other Additional Capital | 4,204.5 | 4,576.2 | -8.1% |
| Retained Earnings | 1,029.4 | 7,246.3 | -85.8% |
| Treasury Stock Common | -84.3 | -6,988.6 | +98.8% |
| Total Liabilities & Equity | 25,901.7 | 23,632.6 | +9.6% |
Cash Flow Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Stock-Based Compensation | 123.5 | 138.1 | -10.6% |
| Deferred Income Taxes | 153.2 | -74.9 | +304.5% |
| Other Non-Cash Items | 2.6 | -10.9 | +123.9% |
| Change in Accounts Receivable | -162.8 | -10.7 | -1421.5% |
| Change in Inventory | 132.5 | -32.9 | +502.7% |
| Change in Accounts Payable | -37.8 | 21.8 | -273.4% |
| Net Cash from Operations | 3,451.6 | 3,153.2 | +9.5% |
| Investing Activities | |||
| Other Investing Activities | -68.1 | -59 | -15.4% |
| Net Cash from Investing | -2,066.3 | -1,196.3 | -72.7% |
| Financing Activities | |||
| Debt Issuance Costs | -13.5 | -8.6 | -57.0% |
| Net Cash from Financing | -1,378.6 | -2,017.1 | +31.7% |
| Supplemental | |||
| Income Taxes Paid | 592.7 | — | — |
| Interest Paid | 453 | 406.9 | +11.3% |
| Other Cash Flow | |||
| Net Change in Cash | -3.2 | -66.4 | +95.2% |
Values in millions USD. Source: SEC EDGAR 10-K filing.