
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 | |
|---|---|---|---|---|---|
|
Ferro Corporation
FOE
|
- | 0.27 % | $ 1.84 B | ||
|
Crown ElectroKinetics Corp.
CRKN
|
- | -16.67 % | $ 15.5 M | ||
|
Amyris
AMRS
|
- | -21.88 % | $ 16 M | ||
|
W. R. Grace & Co.
GRA
|
- | 0.03 % | $ 4.64 B | ||
|
Avantor
AVTR
|
$ 8.18 | -3.99 % | $ 5.57 B | ||
|
Core Molding Technologies
CMT
|
$ 18.75 | -1.73 % | $ 160 M | ||
|
Avient Corporation
AVNT
|
$ 36.56 | -6.38 % | $ 3.35 B | ||
|
Albemarle Corporation
ALB
|
$ 161.49 | -1.49 % | $ 19 B | ||
|
Gevo
GEVO
|
$ 2.13 | 12.96 % | $ 498 M | ||
|
Axalta Coating Systems Ltd.
AXTA
|
$ 29.57 | -2.26 % | $ 6.39 B | ||
|
Green Plains
GPRE
|
$ 15.71 | 1.29 % | $ 1.06 B | ||
|
IKONICS Corporation
IKNX
|
- | -5.44 % | $ 57.2 M | ||
|
Kraton Corporation
KRA
|
- | -0.17 % | $ 1.49 B | ||
|
Flexible Solutions International
FSI
|
$ 5.27 | -1.5 % | $ 65.6 M | ||
|
PQ Group Holdings Inc.
PQG
|
- | 0.58 % | $ 2.14 B | ||
|
Hudson Technologies
HDSN
|
$ 6.15 | -3.46 % | $ 279 M | ||
|
GCP Applied Technologies
GCP
|
- | - | $ 2.37 B | ||
|
International Flavors & Fragrances
IFF
|
$ 73.8 | -2.11 % | $ 18.9 B | ||
|
Quaker Chemical Corporation
KWR
|
$ 129.89 | -3.8 % | $ 2.27 B | ||
|
Hawkins
HWKN
|
$ 148.94 | -0.79 % | $ 3.1 B | ||
|
Innospec
IOSP
|
$ 71.72 | -3.37 % | $ 1.78 B | ||
|
Balchem Corporation
BCPC
|
$ 174.5 | -0.68 % | $ 5.63 B | ||
|
Ecolab
ECL
|
$ 282.81 | -1.39 % | $ 80.1 B | ||
|
H.B. Fuller Company
FUL
|
$ 59.02 | -4.22 % | $ 3.24 B | ||
|
Kronos Worldwide
KRO
|
$ 5.32 | -5.84 % | $ 612 M | ||
|
Livent Corporation
LTHM
|
- | - | $ 2.84 B | ||
|
Loop Industries
LOOP
|
$ 1.3 | -1.52 % | $ 61.9 M | ||
|
Cabot Corporation
CBT
|
$ 69.88 | -5.64 % | $ 3.75 B | ||
|
The Chemours Company
CC
|
$ 16.49 | -1.41 % | $ 2.48 B | ||
|
Koppers Holdings
KOP
|
$ 37.38 | -1.45 % | $ 742 M | ||
|
Northern Technologies International Corporation
NTIC
|
$ 8.71 | 0.64 % | $ 82.5 M | ||
|
Orion Engineered Carbons S.A.
OEC
|
$ 4.96 | -6.42 % | $ 279 M | ||
|
Olin Corporation
OLN
|
$ 23.35 | -5.2 % | $ 2.68 B | ||
|
Ingevity Corporation
NGVT
|
$ 64.88 | -3.29 % | $ 2.36 B | ||
|
Chase Corporation
CCF
|
- | -0.01 % | $ 1.2 B | ||
|
LyondellBasell Industries N.V.
LYB
|
$ 66.83 | 1.48 % | $ 21.5 B | ||
|
Oil-Dri Corporation of America
ODC
|
$ 63.22 | -4.31 % | $ 922 M | ||
|
SenesTech
SNES
|
$ 2.18 | 2.85 % | $ 1.46 M | ||
|
Gulf Resources
GURE
|
- | -2.8 % | $ 44.6 M | ||
|
Sensient Technologies Corporation
SXT
|
$ 91.41 | -2.02 % | $ 3.86 B | ||
|
Linde PLC
LIN
|
$ 484.72 | -1.09 % | $ 228 B | ||
|
WD-40 Company
WDFC
|
$ 236.55 | 0.29 % | $ 3.2 B | ||
|
NewMarket Corporation
NEU
|
$ 636.51 | -1.16 % | $ 5.97 B | ||
|
Westlake Chemical Corporation
WLK
|
$ 103.01 | -2.42 % | $ 13.2 B | ||
|
RPM International
RPM
|
$ 102.1 | -2.7 % | $ 13 B | ||
|
Stepan Company
SCL
|
$ 48.0 | -1.63 % | $ 1.1 B | ||
|
PPG Industries
PPG
|
$ 107.22 | -4.17 % | $ 24.3 B | ||
|
Trinseo S.A.
TSE
|
- | - | $ 8.12 M | ||
|
Tredegar Corporation
TG
|
$ 8.81 | -2.81 % | $ 301 M |