Friday 6 November 2026 Export SHW’s income statement to Excel — free account

The Sherwin-Williams Company

The Sherwin-Williams Company’s revenue for fiscal 2025 (year ended December 2025) was $23.6 billion, up 2.06% from fiscal 2024.

Revenue: +7.89%
EPS: +0.89%
Free cash flow: −12.2%
Total debt: +2.43%

Quarter to September 2026, against a year earlier

349.94 13.56 −3.73%

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Market cap: $84.3B
P/E: 31.8×
Fwd P/E: 29.9×
Dividend yield: 0.91%
F-score: 6/9
Altman Z: 3.67
Beneish M: −2.50
Dividend safety: 89/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
P/E ratio Full definition →	22.63	21.73	33.04	34.76	32.72	49.60	30.57	32.61	31.80	31.22
Piotroski F-Score Full definition →	7	3	4	9	7	5	6	7	7	6
P/S ratio Full definition →	2.13	2.57	2.09	2.99	3.62	4.63	2.79	3.38	3.69	3.40
Altman Z-Score Full definition →	6.63	2.85	3.13	3.73	3.80	4.52	3.52	4.27	4.48	3.67
Altman Z″-Score (non-manufacturers) Full definition →	4.87	1.84	1.99	2.26	1.30	1.10	1.56	1.70	1.91	1.12
P/FCF ratio Full definition →	22.76	22.50	21.14	26.79	21.00	48.98	47.19	28.80	40.73	30.11
Beneish M-Score Full definition →	(2.56)	(1.43)	(2.65)	(2.63)	(2.82)	(2.44)	(2.36)	(2.78)	(2.61)	(2.50)
P/Operating CF Full definition →	73.71	61.48	71.39	81.18	78.67	476.75	96.35	84.77	91.30	73.44
Dividend Safety Score Full definition →	—	—	—	—	—	—	—	—	—	89
P/B ratio Full definition →	13.42	10.54	9.81	12.99	18.41	37.93	19.91	20.96	21.06	17.45
Price to Tangible BV Full definition →	50.78	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EV/Sales Full definition →	2.22	3.25	2.61	3.47	4.06	5.11	3.26	3.79	4.11	3.86
EV/EBITDA Full definition →	13.04	21.11	18.41	19.93	21.57	31.99	19.83	20.27	21.06	19.71
EV/Operating CF Full definition →	20.08	25.88	23.55	26.75	21.86	45.39	37.57	24.83	30.13	26.33
EV/FCF Full definition →	23.71	28.54	26.44	31.06	23.54	53.99	55.12	32.35	45.35	34.11
Quick Ratio Full definition →	0.75	0.58	0.51	0.50	0.50	0.44	0.46	0.41	0.38	0.43
Current Ratio Full definition →	1.28	1.11	1.01	1.02	1.00	0.88	0.99	0.83	0.79	0.87
Net Debt/EBITDA Full definition →	0.53	4.47	3.70	2.74	2.33	2.97	2.85	2.22	2.15	2.31
Debt/Assets Full definition →	28.92%	52.87%	48.83%	42.37%	40.64%	46.52%	46.78%	42.92%	41.84%	41.97%
Debt/Equity Full definition →	1.04	2.88	2.50	2.11	2.30	3.95	3.41	2.65	2.44	2.36
Asset Turnover Full definition →	1.89	1.12	0.90	0.90	0.90	0.97	1.02	1.01	0.99	0.95
Operating CF/Net income Full definition →	1.16	1.09	1.75	1.51	1.68	1.20	0.95	1.47	1.18	1.34
Capex/Depreciation Full definition →	(0.74)	(0.29)	(0.35)	(0.46)	(0.41)	(0.57)	(0.99)	(1.19)	(1.51)	(1.01)
Interest Coverage Full definition →	11.31	6.43	5.12	6.90	8.41	7.65	7.72	8.68	9.17	8.24
ROE Full definition →	82.49%	62.53%	30.05%	39.25%	52.51%	61.65%	72.94%	70.07%	69.05%	59.39%
ROA Full definition →	18.08%	12.97%	5.68%	7.78%	9.93%	9.08%	9.34%	10.49%	11.51%	10.37%
ROIC Full definition →	37.04%	7.58%	9.08%	11.91%	15.33%	13.45%	14.00%	17.05%	17.35%	15.69%
Return on Tangible Assets Full definition →	59.80%	75.23%	60.80%	79.24%	110.86%	155.17%	93.78%	138.66%	126.17%	79.66%
Average Days of Receivables Full definition →	37.90	51.27	42.02	42.59	41.31	43.05	42.25	39.08	37.75	43.22
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	35.03%	32.16%	29.79%	29.69%	29.98%	30.00%	28.47%	30.94%	31.96%	32.60%
Intangible Assets out of Total Assets Full definition →	0.20	0.64	0.64	0.57	0.56	0.54	0.51	0.50	0.47	0.46
Share Based Compensation of Revenue Full definition →	0.61%	0.60%	0.47%	0.57%	0.52%	0.49%	0.45%	0.50%	0.60%	0.52%
Graham Net Nets Full definition →	(0.05)	(0.31)	(0.30)	(0.22)	(0.18)	(0.14)	(0.22)	(0.18)	(0.17)	(0.19)
Graham Number Full definition →	24.90	43.23	34.56	43.42	47.35	38.51	46.02	55.32	62.31	65.86
Earnings Yield Full definition →	4.42%	4.60%	3.03%	2.88%	3.06%	2.02%	3.27%	3.07%	3.14%	3.20%
Free Cash Flow Yield Full definition →	4.39%	4.44%	4.73%	3.73%	4.76%	2.04%	2.12%	3.47%	2.46%	3.32%
Revenue per Share Full definition →	43.03	53.76	62.85	65.00	67.68	75.98	85.85	90.26	92.03	95.21
Operating CF per Share Full definition →	4.75	6.76	6.97	8.43	12.56	8.55	7.44	13.79	12.56	13.94
Capex per Share Full definition →	(0.73)	(0.63)	(0.76)	(1.17)	(0.90)	(1.36)	(2.37)	(3.20)	(4.22)	(3.18)
Free Cash Flow per Share Full definition →	4.02	6.13	6.21	7.26	11.67	7.19	5.07	10.59	8.35	10.76
Cash per Share Full definition →	3.23	0.73	0.56	0.59	0.84	0.63	0.77	1.08	0.84	0.84
Shareholders Equity per Share Full definition →	6.82	13.09	13.37	14.97	13.31	9.28	12.02	14.55	16.14	18.57
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	6.82	13.09	13.37	14.97	13.31	9.28	12.02	14.55	16.14	18.57
Free Cash Flow Full definition →	1,107.98	1,708.40	1,731.10	1,999.30	3,165.50	1,887.40	1,308.60	2,703.60	2,094.80	2,664.70
Working Capital Full definition →	798.12	419.80	46.80	109.80	(3.00)	(665.80)	(53.00)	(1,114.00)	(1,407.90)	(912.90)
Capital Expenditures Full definition →	(200.59)	(175.60)	(212.60)	(322.00)	(243.10)	(357.20)	(611.30)	(818.30)	(1,058.40)	(786.90)
Net Current Asset Value Full definition →	(1,246.78)	(11,844.60)	(11,059.10)	(11,741.20)	(12,199.40)	(13,175.80)	(13,584.20)	(13,725.70)	(14,180.60)	(15,296.00)
EV/EBIT Full definition →	15.07	28.79	24.38	25.77	26.03	39.82	23.90	24.12	24.92	23.73
Capex to Sales Full definition →	0.02	0.01	0.01	0.02	0.01	0.02	0.03	0.04	0.05	0.03
Price to Operating Income Full definition →	14.46	22.70	19.49	22.23	23.21	36.13	20.46	21.48	22.38	20.94
Other line items
Depreciation/Fixed assets Full definition →	0.25	0.33	0.34	0.38	0.32	0.34	0.28	0.24	0.20	0.19
Cash ROIC Full definition →	23.47%	11.89%	13.08%	15.41%	26.10%	15.45%	9.43%	19.53%	14.80%	17.00%
Accounts Receivable Turnover Full definition →	10.11	8.98	8.50	8.72	8.81	9.00	9.01	9.16	9.51	9.10
Accounts Payable Turnover Full definition →	5.41	5.85	5.63	5.37	4.85	5.04	5.30	5.17	5.21	5.23
Inventory Turnover Full definition →	5.69	5.88	5.69	5.33	5.24	6.11	5.63	4.96	5.16	5.24
Average Days of Payables Full definition →	63.64	79.12	64.93	69.42	79.86	76.93	69.35	68.73	69.09	71.26
Days of Inventory on Hand Full definition →	65.71	76.95	65.50	69.92	68.03	61.69	74.76	69.17	70.16	70.17
Average Receivables Full definition →	1,172.63	1,667.79	2,061.70	2,053.85	2,083.50	2,215.25	2,458.00	2,515.75	2,428.35	2,590.00
Average Payables Full definition →	1,096.08	1,413.05	1,795.45	1,837.85	1,997.05	2,260.40	2,419.75	2,375.75	2,284.10	2,303.70
Average Inventory Full definition →	1,043.43	1,405.41	1,778.90	1,852.45	1,846.85	1,865.65	2,276.85	2,478.15	2,308.95	2,303.15
Average Assets Full definition →	6,265.73	13,326.01	19,516.90	19,815.25	20,448.90	20,534.15	21,630.35	22,774.20	23,293.50	24,767.15
Average Common Equity Full definition →	1,373.18	2,763.17	3,689.30	3,927.00	3,867.05	3,024.00	2,769.65	3,408.95	3,883.50	4,324.75

Show all line items

Columns are period end dates · fundamentals updated 5 Nov 2026

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