# Sherwin Williams Co: financial statements, quarterly

SHW · NYSE · CIK 89800 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/shw.md) · [Financials](/companies/shw/financials.md) · [Filings](/companies/shw/filings.md) · [Insiders](/companies/shw/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/shw/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [6,117](/filings/0000089800-24-000157.md) | [5,252 d](/filings/0000089800-26-000008.md) | [5,367](/filings/0000089800-25-000087.md) | [6,272](/filings/0000089800-25-000115.md) | [6,163](/filings/0000089800-25-000126.md) | [5,297 d](/filings/0000089800-26-000008.md) | [5,306](/filings/0000089800-26-000038.md) | [6,315](/filings/0000089800-26-000049.md) | [6,358](/filings/0000089800-25-000126.md) | [5,596 d](/filings/0000089800-26-000008.md) | [5,667](/filings/0000089800-26-000038.md) | [6,789](/filings/0000089800-26-000049.md) |
| Cost of revenue | $m | [3,201](/filings/0000089800-24-000157.md) | [2,704 d](/filings/0000089800-26-000008.md) | [2,836](/filings/0000089800-25-000087.md) | [3,208](/filings/0000089800-25-000115.md) | [3,135](/filings/0000089800-25-000126.md) | [2,724 d](/filings/0000089800-26-000008.md) | [2,747](/filings/0000089800-26-000038.md) | [3,196](/filings/0000089800-26-000049.md) | [3,233](/filings/0000089800-25-000126.md) | [2,883 d](/filings/0000089800-26-000008.md) | [2,886](/filings/0000089800-26-000038.md) | [3,451](/filings/0000089800-26-000049.md) |
| Gross profit | $m | [2,916](/filings/0000089800-24-000157.md) | [2,549 d](/filings/0000089800-26-000008.md) | [2,531](/filings/0000089800-25-000087.md) | [3,063](/filings/0000089800-25-000115.md) | [3,028](/filings/0000089800-25-000126.md) | [2,573 d](/filings/0000089800-26-000008.md) | [2,559](/filings/0000089800-26-000038.md) | [3,118](/filings/0000089800-26-000049.md) | [3,126](/filings/0000089800-25-000126.md) | [2,713 d](/filings/0000089800-26-000008.md) | [2,781](/filings/0000089800-26-000038.md) | [3,338](/filings/0000089800-26-000049.md) |
| Selling, general and administrative | $m | [1,757](/filings/0000089800-24-000157.md) | [1,856 d](/filings/0000089800-26-000008.md) | [1,800](/filings/0000089800-25-000087.md) | [1,846](/filings/0000089800-25-000115.md) | [1,894](/filings/0000089800-25-000126.md) | [1,883 d](/filings/0000089800-26-000008.md) | [1,794](/filings/0000089800-26-000038.md) | [2,012](/filings/0000089800-26-000049.md) | [1,953](/filings/0000089800-25-000126.md) | [1,937 d](/filings/0000089800-26-000008.md) | [1,970](/filings/0000089800-26-000038.md) | [2,104](/filings/0000089800-26-000049.md) |
| Operating income | $m | [1,299](/filings/0000089800-24-000157.md) | [791 d](/filings/0000089800-24-000033.md) | [884](/filings/0000089800-24-000087.md) | [1,413](/filings/0000089800-24-000105.md) | [1,321](/filings/0000089800-24-000157.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Interest expense | $m | [102](/filings/0000089800-24-000157.md) | [94.6 d](/filings/0000089800-24-000033.md) | [103](/filings/0000089800-24-000087.md) | [111](/filings/0000089800-24-000105.md) | [103](/filings/0000089800-24-000157.md) | [98.5 d](/filings/0000089800-26-000008.md) | [104](/filings/0000089800-26-000038.md) | [112](/filings/0000089800-26-000049.md) | [117](/filings/0000089800-25-000126.md) | [132 d](/filings/0000089800-26-000008.md) | [132](/filings/0000089800-26-000038.md) | [136](/filings/0000089800-26-000049.md) |
| Income tax | $m | [248](/filings/0000089800-24-000157.md) | [118 d](/filings/0000089800-26-000008.md) | [135](/filings/0000089800-25-000087.md) | [284](/filings/0000089800-25-000115.md) | [217](/filings/0000089800-25-000126.md) | [136 d](/filings/0000089800-26-000008.md) | [149](/filings/0000089800-26-000038.md) | [231](/filings/0000089800-26-000049.md) | [227](/filings/0000089800-25-000126.md) | [162 d](/filings/0000089800-26-000008.md) | [145](/filings/0000089800-26-000038.md) | [269](/filings/0000089800-26-000049.md) |
| Net income | $m | [762](/filings/0000089800-24-000157.md) | [356 d](/filings/0000089800-26-000008.md) | [505](/filings/0000089800-25-000126.md) | [890](/filings/0000089800-25-000126.md) | [806](/filings/0000089800-25-000126.md) | [480 d](/filings/0000089800-26-000008.md) | [504](/filings/0000089800-26-000049.md) | [755](/filings/0000089800-26-000049.md) | [833](/filings/0000089800-25-000126.md) | [477 d](/filings/0000089800-26-000008.md) | [535](/filings/0000089800-26-000049.md) | [844](/filings/0000089800-26-000049.md) |
| Diluted EPS | $ per share | [2.95](/filings/0000089800-24-000157.md) | not reported | [1.97](/filings/0000089800-25-000087.md) | [3.50](/filings/0000089800-25-000115.md) | [3.18](/filings/0000089800-25-000126.md) | not reported | [2.00](/filings/0000089800-26-000038.md) | [3.00](/filings/0000089800-26-000049.md) | [3.35](/filings/0000089800-25-000126.md) | not reported | [2.15](/filings/0000089800-26-000038.md) | [3.43](/filings/0000089800-26-000049.md) |
| Basic EPS | $ per share | [2.98](/filings/0000089800-24-000157.md) | not reported | [2.00](/filings/0000089800-25-000087.md) | [3.55](/filings/0000089800-25-000115.md) | [3.22](/filings/0000089800-25-000126.md) | not reported | [2.02](/filings/0000089800-26-000038.md) | [3.04](/filings/0000089800-26-000049.md) | [3.38](/filings/0000089800-25-000126.md) | not reported | [2.18](/filings/0000089800-26-000038.md) | [3.46](/filings/0000089800-26-000049.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Gross profit: us-gaap:GrossProfit
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $bn | [0.5](/filings/0000089800-24-000157.md) | [0.3](/filings/0000089800-26-000008.md) | [0.2](/filings/0000089800-25-000087.md) | [0.2](/filings/0000089800-25-000115.md) | [0.2](/filings/0000089800-25-000126.md) | [0.2](/filings/0000089800-26-000008.md) | [0.2](/filings/0000089800-26-000038.md) | [0.3](/filings/0000089800-26-000049.md) | [0.2](/filings/0000089800-25-000126.md) | [0.2](/filings/0000089800-26-000049.md) | [0.2](/filings/0000089800-26-000038.md) | [0.3](/filings/0000089800-26-000049.md) |
| Current assets | $bn | [6.2](/filings/0000089800-24-000157.md) | [5.5](/filings/0000089800-26-000008.md) | [5.8](/filings/0000089800-25-000087.md) | [6.1](/filings/0000089800-25-000115.md) | [6.0](/filings/0000089800-25-000126.md) | [5.4](/filings/0000089800-26-000008.md) | [6.0](/filings/0000089800-26-000038.md) | [6.4](/filings/0000089800-26-000049.md) | [6.1](/filings/0000089800-25-000126.md) | [6.0](/filings/0000089800-26-000049.md) | [6.5](/filings/0000089800-26-000038.md) | [7.0](/filings/0000089800-26-000049.md) |
| Total assets | $bn | [23.0](/filings/0000089800-24-000157.md) | [23.0](/filings/0000089800-26-000008.md) | [23.4](/filings/0000089800-25-000087.md) | [23.7](/filings/0000089800-25-000115.md) | [24.0](/filings/0000089800-25-000126.md) | [23.6](/filings/0000089800-26-000008.md) | [24.6](/filings/0000089800-26-000038.md) | [25.4](/filings/0000089800-26-000049.md) | [26.2](/filings/0000089800-25-000126.md) | [25.9](/filings/0000089800-26-000049.md) | [26.4](/filings/0000089800-26-000038.md) | [27.0](/filings/0000089800-26-000049.md) |
| Current liabilities | $bn | [6.6](/filings/0000089800-24-000157.md) | [6.6](/filings/0000089800-26-000008.md) | [7.5](/filings/0000089800-25-000087.md) | [7.5](/filings/0000089800-25-000115.md) | [7.2](/filings/0000089800-25-000126.md) | [6.8](/filings/0000089800-26-000008.md) | [7.9](/filings/0000089800-26-000038.md) | [8.2](/filings/0000089800-26-000049.md) | [7.5](/filings/0000089800-25-000126.md) | [6.9](/filings/0000089800-26-000049.md) | [7.5](/filings/0000089800-26-000038.md) | [9.6](/filings/0000089800-26-000049.md) |
| Long-term debt | $bn | [8.5](/filings/0000089800-24-000157.md) | [8.4](/filings/0000089800-26-000008.md) | [8.1](/filings/0000089800-25-000087.md) | [8.1](/filings/0000089800-25-000115.md) | [8.2](/filings/0000089800-25-000126.md) | [8.2](/filings/0000089800-26-000008.md) | [7.8](/filings/0000089800-26-000038.md) | [7.8](/filings/0000089800-26-000049.md) | [9.3](/filings/0000089800-25-000126.md) | [9.3](/filings/0000089800-26-000049.md) | [9.3](/filings/0000089800-26-000038.md) | [8.3](/filings/0000089800-26-000049.md) |
| Current portion of debt | $bn | [1.1](/filings/0000089800-24-000157.md) | [1.1](/filings/0000089800-26-000008.md) | [1.3](/filings/0000089800-25-000087.md) | [0.8](/filings/0000089800-25-000115.md) | [1.0](/filings/0000089800-25-000126.md) | [1.0](/filings/0000089800-26-000008.md) | [1.2](/filings/0000089800-26-000038.md) | [1.2](/filings/0000089800-26-000049.md) | [0.4](/filings/0000089800-25-000126.md) | [0.4](/filings/0000089800-26-000049.md) | [0.0](/filings/0000089800-26-000038.md) | [1.5](/filings/0000089800-26-000049.md) |
| Short-term borrowings | $bn | [0.3](/filings/0000089800-24-000157.md) | [0.4](/filings/0000089800-26-000008.md) | [1.3](/filings/0000089800-25-000087.md) | [1.4](/filings/0000089800-25-000115.md) | [0.9](/filings/0000089800-25-000126.md) | [0.7](/filings/0000089800-26-000008.md) | [1.8](/filings/0000089800-26-000038.md) | [1.7](/filings/0000089800-26-000049.md) | [1.8](/filings/0000089800-25-000126.md) | [1.2](/filings/0000089800-26-000049.md) | [2.4](/filings/0000089800-26-000038.md) | [2.2](/filings/0000089800-26-000049.md) |
| Shareholders' equity | $bn | [3.8](/filings/0000089800-24-000157.md) | [3.7](/filings/0000089800-26-000008.md) | [3.5](/filings/0000089800-25-000126.md) | [3.8](/filings/0000089800-25-000126.md) | [4.2](/filings/0000089800-25-000126.md) | [4.1](/filings/0000089800-26-000049.md) | [4.1](/filings/0000089800-26-000049.md) | [4.4](/filings/0000089800-26-000049.md) | [4.4](/filings/0000089800-25-000126.md) | [4.6](/filings/0000089800-26-000049.md) | [4.4](/filings/0000089800-26-000049.md) | [3.9](/filings/0000089800-26-000049.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Short-term borrowings: us-gaap:ShortTermBorrowings
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [1,309 d](/filings/0000089800-24-000157.md) | [919 d](/filings/0000089800-26-000008.md) | [(58.9)](/filings/0000089800-25-000087.md) | [1,203 d](/filings/0000089800-25-000115.md) | [1,075 d](/filings/0000089800-25-000126.md) | [935 d](/filings/0000089800-26-000008.md) | [(61.1)](/filings/0000089800-26-000038.md) | [1,113 d](/filings/0000089800-26-000049.md) | [1,308 d](/filings/0000089800-25-000126.md) | [1,093 d](/filings/0000089800-26-000008.md) | [139](/filings/0000089800-26-000038.md) | [1,348 d](/filings/0000089800-26-000049.md) |
| Capital expenditure | $m | [153 d](/filings/0000089800-24-000157.md) | [320 d](/filings/0000089800-26-000008.md) | [284](/filings/0000089800-25-000087.md) | [251](/filings/0000089800-25-000115.md) | [235](/filings/0000089800-25-000126.md) | [300 d](/filings/0000089800-26-000008.md) | [189](/filings/0000089800-26-000038.md) | [182](/filings/0000089800-25-000115.md) | [196](/filings/0000089800-25-000126.md) | [230 d](/filings/0000089800-26-000008.md) | [138](/filings/0000089800-26-000038.md) | [108 d](/filings/0000089800-26-000049.md) |
| Dividends paid | $m | [156 d](/filings/0000089800-24-000157.md) | [155 d](/filings/0000089800-26-000008.md) | [183](/filings/0000089800-25-000087.md) | [179 d](/filings/0000089800-25-000115.md) | [183 d](/filings/0000089800-25-000126.md) | [180 d](/filings/0000089800-26-000008.md) | [200](/filings/0000089800-26-000038.md) | [198 d](/filings/0000089800-26-000049.md) | [196 d](/filings/0000089800-25-000126.md) | [196 d](/filings/0000089800-26-000008.md) | [197](/filings/0000089800-26-000038.md) | [198 d](/filings/0000089800-26-000049.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets
- Dividends paid: us-gaap:PaymentsOfDividends

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [261](/filings/0000089800-23-000031.md) | [260](/filings/0000089800-24-000087.md) | [259](/filings/0000089800-24-000105.md) | [258](/filings/0000089800-24-000157.md) | [256](/filings/0000089800-25-000087.md) | [254](/filings/0000089800-25-000115.md) | [254](/filings/0000089800-25-000126.md) | [253](/filings/0000089800-26-000038.md) | [251](/filings/0000089800-26-000049.md) | [249](/filings/0000089800-25-000126.md) | [248](/filings/0000089800-26-000038.md) | [246](/filings/0000089800-26-000049.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 242,758,151 at 2026-06-30, from the cover of the [10-Q filed 2026-07-28](/filings/0000089800-26-000049.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:20 ET. No prices; not investment advice.