The Sherwin-Williams Company (ETR:SJ3)
Germany · Delayed Price · Currency is EUR 320.90
+3.40 (1.07%)
At close: Nov 12, 2026
ETR:SJ3 Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 2,676 | 2,569 | 2,681 | 2,389 | 2,020 | 1,864 |
Depreciation & Amortization | 747.1 | 676.9 | 624 | 622.5 | 581.1 | 572.6 |
Loss (Gain) From Sale of Assets | -17.9 | -20.8 | -49.9 | -19.2 | -10.7 | 105.8 |
Asset Writedown & Restructuring Costs | 57.5 | 57.5 | - | 16.2 | 62.8 | - |
Loss (Gain) From Sale of Investments | 117.7 | 104 | 75 | 65.4 | 38.5 | 53.6 |
Stock-Based Compensation | 117 | 123.5 | 138.1 | 115.9 | 99.7 | 97.7 |
Other Operating Activities | 75.1 | 149.4 | -251.5 | -291.9 | -159.1 | -150.8 |
Change in Accounts Receivable | -162.8 | -162.8 | -10.7 | 85.6 | -200.2 | -287.8 |
Change in Inventory | 132.5 | 132.5 | -32.9 | 323.4 | -666.7 | -228.1 |
Change in Accounts Payable | -37.8 | -37.8 | 21.8 | -241.1 | 46.6 | 346.1 |
Change in Income Taxes | -38.6 | -38.6 | -13.5 | 16.9 | 9.5 | -71.2 |
Change in Other Net Operating Assets | 17.7 | -100.7 | -28.6 | 439.4 | 98.3 | -57.7 |
Operating Cash Flow | 3,684 | 3,452 | 3,153 | 3,522 | 1,920 | 2,245 |
Operating Cash Flow Growth | 11.84% | 9.46% | -10.47% | 83.44% | -14.47% | -34.15% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -605.8 | -797.6 | -1,070 | -888.4 | -644.5 | -372 |
Sale of Property, Plant & Equipment | 16.3 | 10.7 | 11.6 | 70.1 | 33.2 | 14.8 |
Cash Acquisitions | -1,158 | -1,211 | -78.9 | -264.7 | -1,003 | -210.9 |
Divestitures | - | - | - | 103.7 | - | 122.5 |
Other Investing Activities | 1,046 | -68.1 | -59 | -60 | 6.8 | -30.8 |
Investing Cash Flow | -701.7 | -2,066 | -1,196 | -1,039 | -1,608 | -476.4 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 537.4 | 288.6 | - | 214.4 | 763.9 |
Long-Term Debt Issued | - | 1,540 | 1,093 | 306.5 | 1,207 | 994.8 |
Total Debt Issued | 1,127 | 2,077 | 1,382 | 306.5 | 1,421 | 1,759 |
Short-Term Debt Repaid | - | - | - | -603.9 | - | - |
Long-Term Debt Repaid | - | -1,064 | -1,109 | -136.4 | -267.6 | -434.4 |
Total Debt Repaid | -850.2 | -1,064 | -1,109 | -740.3 | -267.6 | -434.4 |
Net Debt Issued (Repaid) | 277.1 | 1,014 | 272.9 | -433.8 | 1,154 | 1,324 |
Issuance of Common Stock | 131.6 | 140.6 | 242 | 111.6 | 89.3 | 204.5 |
Repurchase of Common Stock | -2,475 | -1,656 | -1,739 | -1,432 | -883.2 | -2,752 |
Common Dividends Paid | -784.7 | -789.8 | -723.4 | -623.7 | -618.5 | -587.1 |
Other Financing Activities | -85.4 | -86.8 | -69.8 | -46.7 | -23.8 | -23.4 |
Financing Cash Flow | -2,937 | -1,379 | -2,017 | -2,425 | -282.4 | -1,834 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -22.7 | -9.9 | -6.2 | 20 | 3.2 | 4.9 |
Net Cash Flow | 22.7 | -3.2 | -66.4 | 78 | 33.1 | -60.9 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 3,078 | 2,654 | 2,083 | 2,634 | 1,275 | 1,873 |
Free Cash Flow Growth | 26.85% | 27.40% | -20.90% | 106.48% | -31.89% | -39.69% |
Free Cash Flow Margin | 12.35% | 11.26% | 9.02% | 11.42% | 5.76% | 9.39% |
Free Cash Flow Per Share | 12.49 | 10.60 | 8.20 | 10.20 | 4.87 | 7.01 |
Levered Free Cash Flow | 2,478 | 1,929 | 1,915 | 2,611 | 1,235 | 1,466 |
Unlevered Free Cash Flow | 2,815 | 2,219 | 2,175 | 2,872 | 1,479 | 1,675 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 542.7 | 453 | 406.9 | 416.5 | 371.1 | 338.8 |
Cash Income Tax Paid | 659.8 | 592.7 | 779.8 | 816.7 | 580.1 | 466.3 |
Change in Working Capital | -89 | -207.4 | -63.9 | 624.2 | -712.5 | -298.7 |