SHERWIN WILLIAMS CO

SHW 10-Q · Q2 2025

SHW Q2 2025 request

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue 6,314.5 6,271.5 +0.7%
Show Business Segments breakouts
Consumer Brands Group 809.4 844.3 -4.1%
Consumer Brands Group · Intersegment Elimination 1,467.8 1,449.9 +1.2%
Consumer Brands Group · Operating Segments 2,277.2 2,294.2 -0.7%
Paint Stores Group 3,702.2 3,619.9 +2.3%
Paint Stores Group · Operating Segments 3,702.2 3,619.9 +2.3%
Performance Coatings Group 1,801.1 1,806.4 -0.3%
Performance Coatings Group · Intersegment Elimination 8.4 6.7 +25.4%
Performance Coatings Group · Operating Segments 1,809.5 1,813.1 -0.2%
Show Geography breakouts
Non Us 1.16 1.14 +1.0%
Show Consolidation Items breakouts
Administrative and Eliminations -1,474.4 -1,455.7 -1.3%
Corporate Non Segment 1.8 0.9 +100.0%
Intersegment Elimination -1,476.2 -1,456.6 -1.3%
Cost of Revenue 3,196.2 3,208.1 -0.4%
Show Business Segments breakouts
Consumer Brands Group · Operating Segments 1,886.3 1,866.2 +1.1%
Paint Stores Group · Operating Segments 1,614.2 1,625.4 -0.7%
Performance Coatings Group · Operating Segments 1,181.7 1,168.1 +1.2%
Show Consolidation Items breakouts
Administrative and Eliminations -1,486 -1,451.6 -2.4%
Gross Profit 3,118.3 3,063.4 +1.8%
Selling, General & Administrative 2,011.6 1,845.7 +9.0%
Show Business Segments breakouts
Consumer Brands Group · Operating Segments 219.1 222.1 -1.4%
Paint Stores Group · Operating Segments 1,173.7 1,090.9 +7.6%
Performance Coatings Group · Operating Segments 378.2 365.1 +3.6%
Show Consolidation Items breakouts
Administrative and Eliminations 240.6 167.6 +43.6%
Interest Expense 112.4 110.8 +1.4%
Show Business Segments breakouts
Consumer Brands Group · Operating Segments 0.1
Show Consolidation Items breakouts
Administrative and Eliminations 112.3 110.8 +1.4%
Other Non-Operating Income (Expense) 4.7 -32 +114.7%
Income Before Taxes 985.7 1,173.4 -16.0%
Show Business Segments breakouts
Consumer Brands Group · Operating Segments 164.2 204.4 -19.7%
Paint Stores Group · Operating Segments 916.5 907.1 +1.0%
Performance Coatings Group · Operating Segments 245.1 301.5 -18.7%
Show Consolidation Items breakouts
Administrative and Eliminations -340.1 -239.6 -41.9%
Income Tax Expense (Benefit) 231 283.5 -18.5%
Net Income 754.7 889.9 -15.2%
Show Equity Components breakouts
Retained Earnings 754.7 889.9 -15.2%
Comprehensive Income 929.7 818 +13.7%
Other Comprehensive Income 175 -71.9 +343.4%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 175 -71.9 +343.4%
EPS (Basic) 3.04 3.55 -14.4%
EPS (Diluted) 3 3.5 -14.3%
Wtd Avg Shares (Basic) 248.4 251 -1.0%
Wtd Avg Shares (Diluted) 251.3 254.2 -1.1%
Foreign Currency Transaction Gain Loss Before Tax 13.1 -4.6 +384.8%
Gain Loss On Investments -6.3 -3.8 -65.8%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax 3.1

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents 269.8 200 +34.9%
Accounts Receivable 3,111.9 3,048.1 +2.1%
Inventory 2,484.6 2,289.1 +8.5%
Other Assets Current 559 513.4 +8.9%
Total Current Assets 6,425.3 6,050.6 +6.2%
Non-Current Assets
Property, Plant & Equipment 3,805.9 3,136.6 +21.3%
Goodwill 7,807.6 7,606.9 +2.6%
Operating Lease Right-of-Use Assets 2,011.3 1,890.8 +6.4%
Other Non-Current Assets 1,770.1 1,356.3 +30.5%
Total Assets 25,363.6 23,734 +6.9%
Show Business Segments breakouts
Consumer Brands Group · Operating Segments 7,151.8 6,709.1 +6.6%
Paint Stores Group · Operating Segments 6,446.1 6,202.9 +3.9%
Performance Coatings Group · Operating Segments 8,293.4 8,138.3 +1.9%
Show Consolidation Items breakouts
Administrative and Eliminations 3,472.3 2,683.7 +29.4%
Other Assets
Intangible Assets Net Excluding Goodwill 3,543.4 3,692.8 -4.0%
Current Liabilities
Short Term Borrowings 1,706.7 1,358.3 +25.6%
Show Debt Instrument breakouts
Domestic commercial paper · Commercial Paper 1,695.1 1,337.2 +26.8%
Foreign facilities · Commercial Paper 11.6 21.1 -45.0%
Show Credit Facility breakouts
Commercial Paper 1,706.7 1,358.3 +25.6%
Accounts Payable 2,570 2,493.9 +3.1%
Employee Related Liabilities Current 688.9 708.6 -2.8%
Taxes Payable Current 255.8 347.1 -26.3%
Current Portion of Long-Term Debt 1,150.7 849.7 +35.4%
Operating Lease Liability Current 480.7 457.8 +5.0%
Other Liabilities Current 1,343.6 1,251.2 +7.4%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 85.9 79.2 +8.5%
Total Current Liabilities 8,196.4 7,466.6 +9.8%
Deferred Revenue (Current) 304 306.3 -0.8%
Non-Current Liabilities
Long-Term Debt 7,828.9 8,130.8 -3.7%
Other Postretirement Defined Benefit Plan Liabilities Noncurrent 120.7 133.2 -9.4%
Deferred Tax Liabilities 560.9 642 -12.6%
Operating Lease Liabilities 1,603.2 1,502.9 +6.7%
Other Non-Current Liabilities 2,652.6 2,106.7 +25.9%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 727 613.5 +18.5%
Long-Term Debt 8,979.6 8,980.5 -0.0%
Contract With Customer Liability Noncurrent 14.8 4 +270.0%
Stockholders' Equity
Common Stock 92.7 92.1 +0.7%
Additional Paid-In Capital 4,680.2 4,342 +7.8%
Retained Earnings 8,106.6 6,322.3 +28.2%
Treasury Stock Common Value -7,880.7 -6,227.7 -26.5%
Accumulated Other Comprehensive Income -597.9 -776.9 +23.0%
Total Stockholders' Equity 4,400.9 3,751.8 +17.3%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment 66.3 55.4 +19.7%
Accumulated Gain Loss Net Cash Flow Hedge Parent 25.9 26.5 -2.3%
Accumulated Other Comprehensive Income -597.9 -776.9 +23.0%
Accumulated Translation Adjustment -690.1 -858.8 +19.6%
Common Stock 92.7 92.1 +0.7%
Other Additional Capital 4,680.2 4,342 +7.8%
Retained Earnings 8,106.6 6,322.3 +28.2%
Treasury Stock Common -7,880.7 -6,227.7 -26.5%
Total Liabilities & Equity 25,363.6 23,734 +6.9%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Stock-Based Compensation 60.6 54.7 +10.8%
Deferred Income Taxes -38.8 -38.6 -0.5%
Other Non-Cash Items 11.7 10.8 +8.3%
Net Cash from Operations 1,051.5 1,144 -8.1%
Investing Activities
Other Investing Activities -65.1 -56.7 -14.8%
Net Cash from Investing -557.3 -582.1 +4.3%
Financing Activities
Net Cash from Financing -442.8 -627.8 +29.5%
Supplemental
Interest Paid 219.4 213.6 +2.7%
Other Cash Flow
Net Change in Cash 59.4 -76.8 +177.3%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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