
Annual report 2025
added 02-19-2026
The Sherwin-Williams Company Balance Sheet 2011-2026 | SHW
Annual Balance Sheet The Sherwin-Williams Company
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
9.59 B | 8.43 B | 8.55 B | 9.82 B | 8.83 B | 8.43 B | 8.52 B | 9.19 B | 10.3 B | 1.06 B | 1.76 B | 1.76 B | 977 M | 842 M | 961 M |
Long Term Debt |
9.32 B | 8.18 B | 8.38 B | 9.59 B | 8.59 B | 8.27 B | 8.05 B | 8.71 B | 9.89 B | 1.21 B | 1.92 B | 1.12 B | 1.12 B | 1.63 B | 639 M |
Long Term Debt Current |
480 M | 467 M | 449 M | 425 M | 410 M | 387 M | 372 M | 307 M | 1.18 M | 700 M | 3.15 M | 3.26 M | 503 M | 3.69 M | 7.82 M |
Total Non Current Liabilities |
- | - | - | - | - | - | 11.9 B | 11.1 B | 12.3 B | 2.04 B | 2.78 B | 2.03 B | 2.08 B | 2.57 B | 1.55 B |
Total Current Liabilities |
6.92 B | 6.81 B | 6.63 B | 5.96 B | 5.72 B | 4.59 B | 4.52 B | 4.3 B | 3.99 B | 2.83 B | 2.14 B | 2.68 B | 2.53 B | 1.88 B | 2.16 B |
Total Liabilities |
- | - | - | - | - | - | 16.4 B | 15.4 B | 16.3 B | 4.87 B | 4.92 B | 4.71 B | 4.61 B | 4.44 B | 3.71 B |
Deferred Revenue |
427 M | 386 M | 366 M | 293 M | 260 M | 846 M | - | - | - | - | - | - | - | - | - |
Retained Earnings |
1.03 B | 7.25 B | 5.29 B | 3.52 B | 2.12 B | 844 M | 7.37 B | 6.25 B | 5.5 B | 4.05 B | 3.23 B | 2.42 B | 1.77 B | 1.23 B | 756 M |
Total Assets |
25.9 B | 23.6 B | 23 B | 22.6 B | 20.7 B | 20.4 B | 20.5 B | 19.1 B | 20 B | 6.75 B | 5.79 B | 5.71 B | 6.38 B | 6.23 B | 5.23 B |
Cash and Cash Equivalents |
207 M | 210 M | 277 M | 199 M | 166 M | 227 M | 162 M | 156 M | 204 M | 890 M | 206 M | 40.7 M | 745 M | 863 M | 32.7 M |
Book Value |
25.9 B | 23.6 B | 23 B | 22.6 B | 20.7 B | 20.4 B | 4.12 B | 3.73 B | 3.69 B | 1.88 B | 868 M | 996 M | 1.77 B | 1.79 B | 1.52 B |
Total Shareholders Equity |
4.6 B | 4.05 B | 3.72 B | 3.1 B | 2.44 B | 3.61 B | 4.12 B | 3.73 B | 3.65 B | 1.88 B | 868 M | 996 M | 1.77 B | 1.79 B | 1.52 B |
All numbers in USD currency
Quarterly Balance Sheet The Sherwin-Williams Company
| 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
7.83 B | 7.83 B | 8.18 B | 8.18 B | 8.13 B | 8.13 B | 8.38 B | 8.5 B | 9.1 B | 9.59 B | 9.59 B | 9.59 B | 8.59 B | 8.59 B | 8.59 B | 7.6 B | 7.6 B | 7.86 B | 8.27 B | 8.27 B | 8.27 B | 8.27 B | 8.05 B | 8.05 B | 8.05 B | 8.05 B | 8.71 B | 8.71 B | 8.71 B | 8.71 B | 9.89 B | 9.89 B | 9.89 B | 9.89 B | 1.21 B | 1.21 B | 1.21 B | 1.21 B | 1.91 B | 1.91 B | 1.91 B | 1.91 B | 1.12 B | 1.12 B | 1.12 B | 1.12 B | 1.12 B | 1.12 B | 1.12 B | 1.12 B | 1.63 B | 1.63 B | 1.63 B | 1.63 B | 639 M | 639 M | 639 M | 639 M |
Deferred Revenue |
304 M | 246 M | 386 M | 363 M | 306 M | 254 M | 366 M | 325 M | 267 M | 229 M | 293 M | 301 M | - | 211 M | 260 M | 269 M | 228 M | 183 M | 266 M | 266 M | 266 M | 266 M | 243 M | 243 M | 243 M | 243 M | 277 M | 273 M | 273 M | 273 M | 209 M | 209 M | 209 M | 209 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Retained Earnings |
8.11 B | 7.55 B | 7.25 B | 6.95 B | 6.32 B | 5.61 B | 5.29 B | 5.09 B | 4.48 B | 3.84 B | 3.52 B | 3.29 B | 2.76 B | 2.34 B | 2.12 B | 1.96 B | 1.6 B | 1.1 B | 844 M | 844 M | 844 M | 844 M | 7.37 B | 7.37 B | 7.37 B | 7.37 B | 6.25 B | 6.25 B | 6.25 B | 6.25 B | 5.46 B | 5.5 B | 5.5 B | 5.5 B | 4.05 B | 4.05 B | 4.05 B | 4.05 B | 3.23 B | 3.23 B | 3.23 B | 3.23 B | 2.42 B | 2.42 B | 2.42 B | 2.42 B | 1.77 B | 1.77 B | 1.77 B | 1.77 B | 1.23 B | 1.23 B | 1.23 B | 1.23 B | 756 M | 756 M | 756 M | 756 M |
Total Assets |
25.4 B | 24.6 B | 23.6 B | 24 B | 23.7 B | 23.4 B | 23 B | 23 B | 23.2 B | 23.1 B | 22.6 B | 22.2 B | 22.1 B | 21.7 B | 20.7 B | 20.7 B | 20.5 B | 20.4 B | 20.4 B | 20.4 B | 20.4 B | 20.4 B | 20.5 B | 20.5 B | 20.5 B | 20.5 B | 19.1 B | 19.1 B | 19.1 B | 19.1 B | 19.9 B | 20 B | 20 B | 20 B | 6.75 B | 6.75 B | 6.75 B | 6.75 B | 5.78 B | 5.78 B | 5.78 B | 5.78 B | 5.7 B | 5.71 B | 5.71 B | 5.71 B | 6.38 B | 6.38 B | 6.38 B | 6.38 B | 6.23 B | 6.23 B | 6.23 B | 6.23 B | 5.23 B | 5.23 B | 5.23 B | 5.23 B |
Cash and Cash Equivalents |
270 M | 200 M | 210 M | 238 M | 200 M | 180 M | 277 M | 503 M | 209 M | 151 M | 199 M | 130 M | 313 M | 401 M | 166 M | 313 M | 220 M | 315 M | 227 M | 227 M | 227 M | 227 M | 162 M | 162 M | 162 M | 162 M | 156 M | 156 M | 156 M | 156 M | 204 M | 204 M | 204 M | 204 M | 890 M | 890 M | 890 M | 890 M | 206 M | 206 M | 206 M | 206 M | 40.7 M | 40.7 M | 40.7 M | 40.7 M | 745 M | 745 M | 745 M | 745 M | 863 M | 863 M | 863 M | 863 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M |
Book Value |
25.4 B | 24.6 B | 23.6 B | 24 B | 23.7 B | 23.4 B | 23 B | 23 B | 23.2 B | 23.1 B | 22.6 B | 22.2 B | 22.1 B | 21.7 B | 20.7 B | 20.7 B | 20.5 B | 20.4 B | 20.4 B | 20.4 B | 20.4 B | 20.4 B | 20.5 B | 20.5 B | 20.5 B | 20.5 B | 19.1 B | 19.1 B | 19.1 B | 19.1 B | 19.9 B | 20 B | 20 B | 20 B | 6.75 B | 6.75 B | 6.75 B | 6.75 B | 5.78 B | 5.78 B | 5.78 B | 5.78 B | 5.7 B | 5.71 B | 5.71 B | 5.71 B | 6.38 B | 6.38 B | 6.38 B | 6.38 B | 6.23 B | 6.23 B | 6.23 B | 6.23 B | 5.23 B | 5.23 B | 5.23 B | 5.23 B |
Total Shareholders Equity |
4.4 B | 4.13 B | 4.05 B | 4.16 B | 3.75 B | 3.5 B | 3.72 B | 3.78 B | 3.63 B | 3.17 B | 3.1 B | 2.6 B | 2.22 B | 2.23 B | 2.44 B | 2.69 B | 2.84 B | 3.08 B | 3.61 B | 3.61 B | 3.61 B | 3.61 B | 4.12 B | 4.12 B | 4.12 B | 4.12 B | 3.73 B | 3.73 B | 3.73 B | 3.73 B | 3.65 B | 3.69 B | 3.69 B | 3.69 B | 1.88 B | 1.88 B | 1.88 B | 1.88 B | 868 M | 868 M | 868 M | 868 M | 996 M | 996 M | 996 M | 996 M | 1.77 B | 1.77 B | 1.77 B | 1.77 B | 1.79 B | 1.79 B | 1.79 B | 1.79 B | 1.52 B | 1.64 B | 1.75 B | 1.61 B |
All numbers in USD currency
Balance Sheet is a fundamental financial report of The Sherwin-Williams Company, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
Balance sheet of other industry stocks – Specialty chemicals
| Issuer | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|
|
Amyris
AMRS
|
- | -21.88 % | $ 16 M | ||
|
Ferro Corporation
FOE
|
- | 0.27 % | $ 1.84 B | ||
|
Chase Corporation
CCF
|
- | -0.01 % | $ 1.2 B | ||
|
Crown ElectroKinetics Corp.
CRKN
|
- | -16.67 % | $ 15.5 M | ||
|
W. R. Grace & Co.
GRA
|
- | 0.03 % | $ 4.64 B | ||
|
Flexible Solutions International
FSI
|
$ 5.6 | 6.67 % | $ 70.8 M | ||
|
GCP Applied Technologies
GCP
|
- | - | $ 2.37 B | ||
|
Green Plains
GPRE
|
$ 15.96 | 3.57 % | $ 1.08 B | ||
|
IKONICS Corporation
IKNX
|
- | -5.44 % | $ 57.2 M | ||
|
Kraton Corporation
KRA
|
- | -0.17 % | $ 1.49 B | ||
|
Gulf Resources
GURE
|
- | -2.8 % | $ 44.6 M | ||
|
PQ Group Holdings Inc.
PQG
|
- | 0.58 % | $ 2.14 B | ||
|
International Flavors & Fragrances
IFF
|
$ 72.06 | 0.74 % | $ 18.4 B | ||
|
Hudson Technologies
HDSN
|
$ 6.19 | -0.32 % | $ 270 M | ||
|
Innospec
IOSP
|
$ 75.09 | 0.58 % | $ 1.87 B | ||
|
Ecolab
ECL
|
$ 269.23 | -0.42 % | $ 76.3 B | ||
|
Kronos Worldwide
KRO
|
$ 6.33 | -2.16 % | $ 728 M | ||
|
Quaker Chemical Corporation
KWR
|
$ 130.75 | 1.05 % | $ 2.28 B | ||
|
Livent Corporation
LTHM
|
- | - | $ 2.84 B | ||
|
H.B. Fuller Company
FUL
|
$ 62.42 | 1.68 % | $ 3.43 B | ||
|
Cabot Corporation
CBT
|
$ 73.42 | 0.14 % | $ 3.94 B | ||
|
Olin Corporation
OLN
|
$ 27.98 | 0.79 % | $ 3.21 B | ||
|
Gevo
GEVO
|
$ 1.72 | -14.0 % | $ 402 M | ||
|
Koppers Holdings
KOP
|
$ 36.98 | -1.49 % | $ 734 M | ||
|
LyondellBasell Industries N.V.
LYB
|
$ 75.29 | 3.04 % | $ 24.2 B | ||
|
Ingevity Corporation
NGVT
|
$ 73.74 | -0.63 % | $ 2.68 B | ||
|
Northern Technologies International Corporation
NTIC
|
$ 8.21 | 1.61 % | $ 77.8 M | ||
|
Oil-Dri Corporation of America
ODC
|
$ 70.89 | 1.56 % | $ 1.03 B | ||
|
Orion Engineered Carbons S.A.
OEC
|
$ 6.89 | 2.68 % | $ 388 M | ||
|
Loop Industries
LOOP
|
$ 1.31 | -4.38 % | $ 62.4 M | ||
|
Linde PLC
LIN
|
$ 499.22 | 0.26 % | $ 234 B | ||
|
PPG Industries
PPG
|
$ 112.16 | 4.12 % | $ 25.4 B | ||
|
RPM International
RPM
|
$ 105.65 | 0.48 % | $ 13.5 B | ||
|
Stepan Company
SCL
|
$ 50.79 | 1.16 % | $ 1.16 B | ||
|
NewMarket Corporation
NEU
|
$ 649.13 | 0.94 % | $ 6.09 B | ||
|
SenesTech
SNES
|
$ 1.62 | -1.22 % | $ 1.09 M | ||
|
Sensient Technologies Corporation
SXT
|
$ 95.33 | 3.61 % | $ 4.03 B | ||
|
Avantor
AVTR
|
$ 8.26 | -1.2 % | $ 5.62 B | ||
|
Tredegar Corporation
TG
|
$ 8.69 | -0.91 % | $ 302 M | ||
|
Albemarle Corporation
ALB
|
$ 215.62 | 16.32 % | $ 25.4 B | ||
|
Avient Corporation
AVNT
|
$ 37.63 | 0.32 % | $ 3.44 B | ||
|
The Chemours Company
CC
|
$ 23.87 | 3.65 % | $ 3.59 B | ||
|
Core Molding Technologies
CMT
|
$ 26.3 | -0.23 % | $ 225 M | ||
|
Trinseo S.A.
TSE
|
- | - | $ 8.12 M | ||
|
Westlake Chemical Corporation
WLK
|
$ 119.0 | 3.25 % | $ 15.3 B | ||
|
Hawkins
HWKN
|
$ 147.49 | 0.29 % | $ 3.07 B | ||
|
WD-40 Company
WDFC
|
- | - | $ 2.76 B | ||
|
Axalta Coating Systems Ltd.
AXTA
|
$ 28.74 | 2.31 % | $ 6.21 B | ||
|
Balchem Corporation
BCPC
|
$ 174.45 | -0.03 % | $ 5.63 B |