Sherwin-Williams (SHW) balance sheet
NYSE · Basic Materials · Chemicals - Specialty · 64,249 employees · CEO Heidi G. Petz
- Price
- $332.61 +0.76%
- Market cap
- $80.4B
- Enterprise value
- $94.1B
- Last report
- Q3 '26 filed 2026-10-27
- Next report
- 2027-01-28 EPS est. $2.34
At the end of Q3 '26 Sherwin-Williams (SHW) held $264M in cash and short-term investments against $14B of debt incl. leases. Total assets $27B, total liabilities $23B, shareholders' equity $3.98B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $277M | $180M | $200M | $238M | $210M | $200M | $270M | $242M | $207M | $217M | $294M | $264M | |
| Receivables | $2.47B | $2.81B | $3.05B | $2.97B | $2.39B | $2.81B | $3.11B | $3.12B | $2.79B | $3.19B | $3.57B | $3.6B | |
| Inventory | $2.33B | $2.38B | $2.29B | $2.27B | $2.29B | $2.52B | $2.48B | $2.28B | $2.32B | $2.47B | $2.53B | $2.55B | |
| Other current assets | $438M | $475M | $513M | $495M | $514M | $512M | $559M | $506M | $691M | $618M | $605M | $618M | |
| Current assets | $5.51B | $5.84B | $6.05B | $5.97B | $5.4B | $6.04B | $6.43B | $6.15B | $6.01B | $6.5B | $7B | $7.03B | |
| Property, plant & equipment (net) | $4.72B | $4.89B | $5.03B | $5.23B | $5.49B | $5.64B | $5.82B | $5.9B | $6.13B | $6.21B | $6.28B | $6.33B | |
| Goodwill | $7.63B | $7.62B | $7.61B | $7.66B | $7.58B | $7.71B | $7.81B | $7.79B | $8.04B | $8B | $8.02B | $7.98B | |
| Intangible assets | $3.88B | $3.78B | $3.69B | $3.66B | $3.53B | $3.49B | $3.54B | $3.47B | $3.97B | $3.89B | $3.8B | $3.74B | |
| Other non-current assets | $1.21B | $1.3B | $1.36B | $1.45B | $1.63B | $1.76B | $1.77B | $2.9B | $1.76B | $1.78B | $1.85B | $1.89B | |
| Non-current assets | $17.4B | $17.6B | $17.7B | $18B | $18.2B | $18.6B | $18.9B | $20.1B | $19.9B | $19.9B | $20B | $19.9B | |
| Total assets | $23B | $23.4B | $23.7B | $24B | $23.6B | $24.6B | $25.4B | $26.2B | $25.9B | $26.4B | $27B | $27B | |
| Liabilities | |||||||||||||
| Accounts payable | $2.32B | $2.45B | $2.49B | $2.54B | $2.25B | $2.51B | $2.57B | $2.44B | $2.35B | $2.6B | $2.83B | $2.9B | |
| Accrued expenses | $1.33B | $1.17B | $1.25B | $1.31B | $1.36B | $1.15B | $1.34B | $1.39B | $1.51B | $1.21B | $1.4B | $817M | |
| Short-term debt | $1.47B | $2.61B | $2.21B | $1.96B | $1.71B | $2.95B | $2.86B | $2.2B | $1.55B | $2.38B | $3.74B | $3.85B | |
| Taxes payable | $1.06B | $800M | $347M | $941M | $0 | $0 | $0 | $0 | $187M | $0 | $0 | $300M | |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.8B | |
| Current liabilities | $6.63B | $7.48B | $7.47B | $7.22B | $6.81B | $7.88B | $8.2B | $7.47B | $6.92B | $7.53B | $9.63B | $9.85B | |
| Long-term debt | $8.38B | $8.13B | $8.13B | $8.18B | $8.18B | $7.83B | $7.83B | $9.32B | $9.32B | $9.32B | $8.33B | $7.94B | |
| Lease obligations (non-current) | $1.51B | $1.5B | $1.5B | $1.5B | $1.56B | $1.57B | $1.6B | $1.58B | $1.59B | $1.6B | $1.66B | $1.7B | |
| Deferred tax liabilities | $683M | $666M | $642M | $632M | $608M | $586M | $561M | $657M | $765M | $765M | $757M | $742M | |
| Other non-current liabilities | $2.04B | $2.15B | $2.24B | $2.29B | $2.43B | $2.64B | $2.77B | $2.75B | $2.71B | $2.72B | $2.73B | $2.75B | |
| Non-current liabilities | $12.6B | $12.4B | $12.5B | $12.6B | $12.8B | $12.6B | $12.8B | $14.3B | $14.4B | $14.4B | $13.5B | $13.1B | |
| Total liabilities | $19.2B | $19.9B | $20B | $19.8B | $19.6B | $20.5B | $21B | $21.8B | $21.3B | $21.9B | $23.1B | $23B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $91.8M | $92M | $92.1M | $92.4M | $92.5M | $92.6M | $92.7M | $92.9M | $83.1M | $83.2M | $83.3M | $83.4M | |
| Retained earnings | $5.29B | $5.61B | $6.32B | $6.95B | $7.25B | $7.55B | $8.11B | $8.74B | $1.03B | $1.37B | $2.01B | $2.64B | |
| Accumulated other comprehensive income | -$624M | -$705M | -$777M | -$676M | -$875M | -$773M | -$598M | -$590M | -$634M | -$587M | -$594M | -$616M | |
| Shareholders' equity | $3.72B | $3.5B | $3.75B | $4.16B | $4.05B | $4.13B | $4.4B | $4.43B | $4.6B | $4.43B | $3.85B | $3.98B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $11.8B | $12.7B | $12.3B | $12.1B | $11.9B | $12.8B | $12.8B | $13.6B | $12.9B | $13.8B | $14.2B | $14B | |
| Net debt (debt - cash) | $11.5B | $12.5B | $12.1B | $11.9B | $11.7B | $12.6B | $12.5B | $13.3B | $12.7B | $13.6B | $13.9B | $13.7B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $890M | $204M | $156M | $162M | $227M | $166M | $199M | $277M | $210M | $207M | |
| Receivables | $1.23B | $2.1B | $2.02B | $2.09B | $2.08B | $2.35B | $2.56B | $2.47B | $2.39B | $2.79B | |
| Inventory | $1.07B | $1.74B | $1.82B | $1.89B | $1.8B | $1.93B | $2.63B | $2.33B | $2.29B | $2.32B | |
| Other current assets | $438M | $356M | $355M | $491M | $483M | $608M | $519M | $438M | $514M | $691M | |
| Current assets | $3.63B | $4.41B | $4.34B | $4.63B | $4.59B | $5.05B | $5.91B | $5.51B | $5.4B | $6.01B | |
| Property, plant & equipment (net) | $1.1B | $1.88B | $1.78B | $3.52B | $3.6B | $3.69B | $4.07B | $4.72B | $5.49B | $6.13B | |
| Goodwill | $1.13B | $6.81B | $6.96B | $7B | $7.05B | $7.13B | $7.58B | $7.63B | $7.58B | $8.04B | |
| Intangible assets | $255M | $6B | $5.2B | $4.73B | $4.47B | $4B | $4B | $3.88B | $3.53B | $3.97B | |
| Other non-current assets | $647M | $799M | $855M | $604M | $694M | $789M | $1.03B | $1.21B | $1.63B | $1.76B | |
| Non-current assets | $3.13B | $15.5B | $14.8B | $15.9B | $15.8B | $15.6B | $16.7B | $17.4B | $18.2B | $19.9B | |
| Total assets | $6.75B | $19.9B | $19.1B | $20.5B | $20.4B | $20.7B | $22.6B | $23B | $23.6B | $25.9B | |
| Liabilities | |||||||||||
| Accounts payable | $1.03B | $1.79B | $1.8B | $1.88B | $2.12B | $2.4B | $2.44B | $2.32B | $2.25B | $2.35B | |
| Accrued expenses | $579M | $973M | $1.28B | $1B | $1.13B | $1.01B | $1.14B | $1.33B | $1.36B | $1.51B | |
| Short-term debt | $741M | $635M | $636M | $635M | $25.2M | $1.02B | $979M | $1.47B | $1.71B | $1.55B | |
| Taxes payable | $76.8M | $79.9M | $80.8M | $85.7M | $184M | $877M | $982M | $1.06B | $0 | $0 | |
| Current liabilities | $2.83B | $3.99B | $4.3B | $4.52B | $4.59B | $5.72B | $5.96B | $6.63B | $6.81B | $6.92B | |
| Long-term debt | $1.21B | $9.89B | $8.71B | $8.05B | $8.27B | $8.59B | $9.59B | $8.38B | $8.18B | $9.32B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $1.37B | $1.43B | $1.47B | $1.51B | $1.51B | $1.56B | $1.59B | |
| Deferred tax liabilities | $73.8M | $1.42B | $1.13B | $970M | $846M | $768M | $682M | $683M | $608M | $765M | |
| Other non-current liabilities | $760M | $959M | $1.27B | $1.46B | $1.65B | $1.68B | $1.75B | $2.04B | $2.43B | $2.71B | |
| Non-current liabilities | $2.04B | $12.3B | $11.1B | $11.9B | $12.2B | $12.5B | $13.5B | $12.6B | $12.8B | $14.4B | |
| Total liabilities | $4.87B | $16.3B | $15.4B | $16.4B | $16.8B | $18.2B | $19.5B | $19.2B | $19.6B | $21.3B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $117M | $118M | $118M | $119M | $89.9M | $90.8M | $91.2M | $91.8M | $92.5M | $83.1M | |
| Retained earnings | $4.05B | $5.46B | $6.25B | $7.37B | $844M | $2.12B | $3.52B | $5.29B | $7.25B | $1.03B | |
| Accumulated other comprehensive income | -$540M | -$385M | -$630M | -$680M | -$718M | -$698M | -$701M | -$624M | -$875M | -$634M | |
| Shareholders' equity | $1.88B | $3.65B | $3.73B | $4.12B | $3.61B | $2.44B | $3.1B | $3.72B | $4.05B | $4.6B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $1.95B | $10.5B | $9.34B | $10.4B | $10.1B | $11.5B | $12.5B | $11.8B | $11.9B | $12.9B | |
| Net debt (debt - cash) | $1.06B | $10.3B | $9.19B | $10.3B | $9.89B | $11.3B | $12.3B | $11.5B | $11.7B | $12.7B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01