The Sherwin-Williams Company (SHW)
NYSE: SHW · Real-Time Price · USD
346.33
-0.59 (-0.17%)
Aug 21, 2026, 1:21 PM EDT - Market open
SHW Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
| 24,410 | 23,574 | 23,099 | 23,052 | 22,149 | 19,945 | |
Revenue Growth | 5.76% | 2.06% | 0.20% | 4.08% | 11.05% | 8.62% |
Cost of Revenue | 12,454 | 12,059 | 11,903 | 12,294 | 12,824 | 11,402 |
Gross Profit | 11,957 | 11,516 | 11,195 | 10,758 | 9,325 | 8,543 |
Selling, General & Admin | 7,957 | 7,682 | 7,409 | 7,044 | 6,336 | 5,886 |
Other Operating Expenses | 16.7 | 23.8 | 11.1 | 86.3 | -7.1 | -4 |
Operating Expenses | 7,974 | 7,706 | 7,420 | 7,131 | 6,329 | 5,882 |
Operating Income | 3,983 | 3,810 | 3,775 | 3,628 | 2,997 | 2,660 |
Interest Expense | -516.3 | -465 | -415.7 | -417.5 | -390.8 | -334.7 |
Interest & Investment Income | 13.7 | 11.2 | 11 | 25.2 | 8 | 4.9 |
Currency Exchange Gain (Loss) | -16.8 | -45.4 | -3.9 | -38.7 | -33.6 | -12 |
Other Non Operating Income (Expenses) | 7.2 | 1.6 | 18.6 | -16.2 | 0.3 | 4.1 |
EBT Excluding Unusual Items | 3,470 | 3,312 | 3,385 | 3,180 | 2,581 | 2,323 |
Merger & Restructuring Charges | -17.8 | -17.8 | - | 20.1 | - | - |
Gain (Loss) on Sale of Investments | 6.8 | 9.9 | 16.9 | 22.9 | -9.7 | 30.4 |
Gain (Loss) on Sale of Assets | 32.4 | 34 | 49.9 | -0.9 | 17.8 | -105.8 |
Asset Writedown | - | - | - | -57.9 | -15.5 | - |
Other Unusual Items | - | - | - | -54.6 | - | 1.4 |
Pretax Income | 3,492 | 3,338 | 3,452 | 3,110 | 2,573 | 2,249 |
Income Tax Expense | 803.6 | 769.7 | 770.4 | 721.1 | 553 | 384.2 |
Earnings From Continuing Operations | 2,688 | 2,569 | 2,681 | 2,389 | 2,020 | 1,864 |
Net Income | 2,688 | 2,569 | 2,681 | 2,389 | 2,020 | 1,864 |
Net Income to Common | 2,688 | 2,569 | 2,681 | 2,389 | 2,020 | 1,864 |
Net Income Growth | 5.63% | -4.21% | 12.25% | 18.25% | 8.35% | -8.18% |
Shares Outstanding (Basic) | 246 | 248 | 251 | 255 | 258 | 263 |
Shares Outstanding (Diluted) | 248 | 250 | 254 | 258 | 262 | 267 |
Shares Change | -1.78% | -1.46% | -1.63% | -1.34% | -1.98% | -3.15% |
EPS (Basic) | 10.95 | 10.37 | 10.68 | 9.35 | 7.83 | 7.10 |
EPS (Diluted) | 10.84 | 10.26 | 10.55 | 9.25 | 7.72 | 6.98 |
EPS Growth | 7.56% | -2.75% | 14.05% | 19.82% | 10.60% | -5.16% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | 3,213 | 2,654 | 2,083 | 2,634 | 1,275 | 1,873 |
Free Cash Flow Per Share | 12.96 | 10.60 | 8.20 | 10.20 | 4.87 | 7.01 |
Dividend Per Share | 3.180 | 3.160 | 2.860 | 2.420 | 2.400 | 2.200 |
Dividend Growth | 5.65% | 10.49% | 18.18% | 0.83% | 9.09% | 23.13% |
Gross Margin | 48.98% | 48.85% | 48.47% | 46.67% | 42.10% | 42.83% |
Operating Margin | 16.31% | 16.16% | 16.34% | 15.74% | 13.53% | 13.34% |
Profit Margin | 11.01% | 10.90% | 11.61% | 10.36% | 9.12% | 9.35% |
Free Cash Flow Margin | 13.16% | 11.26% | 9.02% | 11.42% | 5.76% | 9.39% |
EBITDA | 4,709 | 4,487 | 4,399 | 4,250 | 3,578 | 3,233 |
EBITDA Margin | 19.29% | 19.03% | 19.05% | 18.44% | 16.15% | 16.21% |
D&A For EBITDA | 726.5 | 676.9 | 624 | 622.5 | 581.1 | 572.6 |
EBIT | 3,983 | 3,810 | 3,775 | 3,628 | 2,997 | 2,660 |
EBIT Margin | 16.31% | 16.16% | 16.34% | 15.74% | 13.53% | 13.34% |
Effective Tax Rate | 23.01% | 23.06% | 22.32% | 23.19% | 21.49% | 17.09% |
Advertising Expenses | - | 393.2 | 386.9 | 394 | 314.4 | 311.9 |