Financial flexibility appears constrained by a total debt load of $13.8 billion and a debt-to-equity ratio of 3.11, which warrants close monitoring of interest rate sensitivity.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Total Current Assets | 6.5B | 6.01B | 5.4B | 5.51B | 5.91B | 5.05B | 4.59B | 4.63B | 4.34B | 4.41B | 3.63B | 2.66B | 2.57B | 3.16B | 3.15B | 2.26B | 2.21B | 1.77B | 1.91B | 2.07B | 2.45B | 1.89B | 1.78B | 1.72B | 1.51B | 1.51B | 1.55B | 1.58B | 1.55B | 1.53B | 1.42B |
| Cash & Short-Term Investments | 216.9M | 207.2M | 210.4M | 276.8M | 198.8M | 165.7M | 226.6M | 161.8M | 155.5M | 204.2M | 889.79M | 205.74M | 40.73M | 744.89M | 862.59M | 32.7M | 58.59M | 69.33M | 26.21M | 27.32M | 490.37M | 36.04M | 45.93M | 302.81M | 164.01M | 118.81M | 2.9M | 18.62M | 19.1M | 3.5M | 1.9M |
| Cash Only | 216.9M | 207.2M | 210.4M | 276.8M | 198.8M | 165.7M | 226.6M | 161.8M | 155.5M | 204.2M | 889.79M | 205.74M | 40.73M | 744.89M | 862.59M | 32.7M | 58.59M | 69.33M | 26.21M | 27.32M | 469.17M | 36.04M | 45.93M | 302.81M | 164.01M | 118.81M | 2.9M | 18.62M | 19.1M | 3.5M | 1.9M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 3.19B | 2.79B | 2.39B | 2.47B | 2.56B | 2.35B | 2.08B | 2.09B | 2.02B | 2.1B | 1.23B | 1.11B | 1.13B | 1.1B | 1.03B | 989.87M | 916.66M | 696.05M | 769.99M | 870.67M | 864.97M | 809.28M | 724.38M | 544.07M | 493.94M | 523.28M | 594.16M | 606.05M | 604.5M | 546.3M | 452.4M |
| Days Sales Outstanding | 46.58 | 43.22 | 37.75 | 39.08 | 42.25 | 43.05 | 41.31 | 42.59 | 42.02 | 51.27 | 37.9 | 35.87 | 37.08 | 39.34 | 39.53 | 41.22 | 43.03 | 35.81 | 35.22 | 39.7 | 40.43 | 41.07 | 43.32 | 36.72 | 34.77 | 37.7 | 41.61 | 44.21 | 44.72 | 40.85 | 39.95 |
| Inventory | 2.47B | 2.32B | 2.29B | 2.33B | 2.63B | 1.93B | 1.8B | 1.89B | 1.82B | 1.74B | 1.07B | 1.02B | 1.03B | 970.82M | 920.32M | 926.81M | 917.7M | 738.49M | 864.2M | 887.47M | 825.18M | 808.54M | 772.85M | 638.24M | 624.65M | 632.76M | 703.73M | 703.39M | 682.5M | 721.7M | 642.7M |
| Days Inventory Outstanding | 71.58 | 70.29 | 70.16 | 69.17 | 74.76 | 61.69 | 68.03 | 69.92 | 65.5 | 76.95 | 65.71 | 64.32 | 63.24 | 63.63 | 63.04 | 67.37 | 77.98 | 70.36 | 70.39 | 73.51 | 68.53 | 71.8 | 82.67 | 78.9 | 80.11 | 81.14 | 93.61 | 98.76 | 93.77 | 99.58 | 101.92 |
| Other Current Assets | 617.5M | 690.8M | 513.5M | 438.4M | 518.8M | 608.4M | 482.6M | 491.4M | 354.9M | 355.7M | 438.19M | 318.63M | 360.74M | 345.26M | 333.82M | 312.21M | 320.77M | 266.15M | 248.81M | 284.12M | 269.76M | 240.52M | 238.76M | 230.02M | 223.4M | 232.09M | 250.75M | 250.04M | 241.2M | 260.8M | 319.2M |
| Total Non-Current Assets | 19.88B | 18.14B | 18.23B | 17.44B | 16.69B | 15.61B | 15.81B | 15.86B | 14.79B | 15.49B | 3.13B | 3.12B | 3.13B | 3.22B | 3.09B | 2.97B | 2.96B | 2.55B | 2.51B | 2.79B | 2.54B | 2.47B | 2.49B | 1.97B | 1.93B | 2.12B | 2.2B | 2.45B | 2.52B | 2.5B | 1.58B |
| Property, Plant & Equipment | 6.21B | 4.14B | 5.49B | 4.72B | 4.07B | 3.69B | 3.6B | 3.52B | 1.78B | 1.88B | 1.1B | 1.04B | 1.02B | 1.02B | 965.9M | 956.53M | 952.12M | 818.68M | 860.13M | 899.37M | 828.78M | 745.15M | 720.36M | 650.25M | 664.6M | 672.69M | 722.38M | 711.68M | 718.9M | 692.3M | 549.4M |
| Fixed Asset Turnover | 4.05x | 5.70x | 4.21x | 4.88x | 5.44x | 5.41x | 5.11x | 5.08x | 9.87x | 7.98x | 10.82x | 10.88x | 10.90x | 9.97x | 9.87x | 9.16x | 8.17x | 8.67x | 9.28x | 8.90x | 9.42x | 9.65x | 8.47x | 8.32x | 7.80x | 7.53x | 7.21x | 7.03x | 6.86x | 7.05x | 7.52x |
| Goodwill | 8B | 8.04B | 7.58B | 7.63B | 7.58B | 7.13B | 7.05B | 7B | 6.96B | 6.81B | 1.13B | 1.14B | 1.16B | 1.18B | 1.16B | 1.11B | 1.1B | 1.01B | 1.01B | 996.61M | 916.46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 3.89B | 3.97B | 3.53B | 3.88B | 4B | 4B | 4.47B | 4.73B | 5.2B | 6B | 255.01M | 255.37M | 289.13M | 313.3M | 347.55M | 305.87M | 320.5M | 279.41M | 299.96M | 351.14M | 285.92M | 1.18B | 1.21B | 750.73M | 738.25M | 919.89M | 964.63M | 1.31B | 1.41B | 1.47B | 774.7M |
| Long-Term Investments | 2.19B | 0 | 1.01B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.78B | 2B | 617M | 1.21B | 1.03B | 789M | 694.3M | 604.4M | 854.7M | 798.7M | 647.43M | 681.19M | 665.26M | 710.42M | 616.04M | 597.25M | 580.43M | 440.91M | 339.75M | 538.63M | 513.64M | 551.35M | 563.52M | 566.48M | 523.47M | 528.41M | 512.12M | 428.56M | 384.5M | 339.9M | 254.3M |
| Total Assets | 26.38B | 25.9B | 23.63B | 22.95B | 22.59B | 20.67B | 20.4B | 20.5B | 19.13B | 19.9B | 6.75B | 5.78B | 5.7B | 6.38B | 6.23B | 5.23B | 5.17B | 4.32B | 4.42B | 4.86B | 5B | 4.37B | 4.27B | 3.68B | 3.43B | 3.63B | 3.75B | 4.03B | 4.07B | 4.04B | 2.99B |
| Asset Turnover | 0.92x | 0.91x | 0.98x | 1.00x | 0.98x | 0.97x | 0.90x | 0.87x | 0.92x | 0.75x | 1.76x | 1.96x | 1.95x | 1.60x | 1.53x | 1.68x | 1.50x | 1.64x | 1.81x | 1.65x | 1.56x | 1.65x | 1.43x | 1.47x | 1.51x | 1.40x | 1.39x | 1.24x | 1.21x | 1.21x | 1.38x |
| Asset Growth % | 32.88% | 9.6% | 2.95% | 1.6% | 9.33% | 1.3% | -0.46% | 7.12% | -3.85% | 194.7% | 16.85% | 1.4% | -10.7% | 2.37% | 19.23% | 1.16% | 19.55% | -2.08% | -9.05% | -2.8% | 14.33% | 2.22% | 16.06% | 7.29% | -5.39% | -3.27% | -7% | -0.8% | 0.74% | 34.77% | 39.86% |
| Total Current Liabilities | 7.53B | 6.92B | 6.81B | 6.63B | 5.96B | 5.72B | 4.59B | 4.52B | 4.3B | 3.99B | 2.83B | 2.14B | 2.68B | 2.53B | 1.88B | 2.16B | 2.06B | 1.39B | 1.94B | 2.14B | 2.07B | 1.55B | 1.52B | 1.15B | 1.08B | 1.14B | 1.12B | 1.14B | 1.11B | 1.12B | 1.05B |
| Accounts Payable | 2.6B | 2.35B | 2.25B | 2.31B | 2.44B | 2.4B | 2.12B | 1.88B | 1.8B | 1.79B | 1.03B | 1.16B | 1.04B | 998.48M | 923M | 965.15M | 909.65M | 674.77M | 738.09M | 740.8M | 779.37M | 719.98M | 650.98M | 587.93M | 522.34M | 454.41M | 448.8M | 458.92M | 408.1M | 424.2M | 385.9M |
| Days Payables Outstanding | 74.7 | 71.38 | 69.09 | 68.73 | 69.35 | 76.93 | 79.86 | 69.42 | 64.93 | 79.12 | 63.63 | 73.1 | 63.77 | 65.44 | 63.23 | 70.16 | 77.3 | 64.29 | 60.12 | 61.36 | 64.72 | 63.94 | 69.63 | 72.68 | 66.99 | 58.27 | 59.7 | 64.44 | 56.07 | 58.53 | 61.2 |
| Short-Term Debt | 2.38B | 2.03B | 1.71B | 1.47B | 978.7M | 1.02B | 25.2M | 634.5M | 635.6M | 634.9M | 741.21M | 42.62M | 682.7M | 599.5M | 72.72M | 354.14M | 396.47M | 34.94M | 530.01M | 671.99M | 582.63M | 134.17M | 250.03M | 10.6M | 15M | 111.85M | 126.23M | 122.27M | 118.2M | 160.8M | 170.2M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 271.7M | 1.7B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 194.79M | 224.3M | 236.93M | 224.76M | 195.74M | 555.64M | 146.99M | 141.64M | 540.21M | 559.7M | 585.7M | 530.7M | 494.9M |
| Current Ratio | 0.86x | 0.87x | 0.79x | 0.83x | 0.99x | 0.88x | 1.00x | 1.02x | 1.01x | 1.11x | 1.28x | 1.24x | 0.96x | 1.25x | 1.68x | 1.05x | 1.07x | 1.27x | 0.99x | 0.97x | 1.18x | 1.22x | 1.17x | 1.49x | 1.39x | 1.32x | 1.39x | 1.38x | 1.39x | 1.37x | 1.35x |
| Quick Ratio | 0.53x | 0.53x | 0.46x | 0.48x | 0.55x | 0.55x | 0.61x | 0.61x | 0.59x | 0.67x | 0.90x | 0.77x | 0.57x | 0.87x | 1.19x | 0.62x | 0.63x | 0.74x | 0.54x | 0.55x | 0.78x | 0.70x | 0.66x | 0.93x | 0.81x | 0.77x | 0.76x | 0.77x | 0.78x | 0.73x | 0.74x |
| Cash Conversion Cycle | 43.45 | 42.12 | 38.82 | 39.52 | 47.65 | 27.82 | 29.48 | 43.09 | 42.6 | 49.1 | 39.97 | 27.09 | 36.55 | 37.52 | 39.34 | 38.43 | 43.71 | 41.88 | 45.49 | 51.85 | 44.23 | 48.93 | 56.35 | 42.94 | 47.89 | 60.57 | 75.52 | 78.53 | 82.42 | 81.9 | 80.68 |
| Total Non-Current Liabilities | 14.41B | 14.38B | 12.77B | 12.61B | 13.53B | 12.51B | 12.2B | 11.85B | 11.11B | 12.26B | 2.04B | 2.77B | 2.02B | 2.08B | 2.57B | 1.55B | 1.5B | 1.44B | 873.38M | 928.23M | 927.91M | 1.08B | 1.1B | 1.07B | 1.01B | 998.81M | 1.16B | 1.19B | 1.24B | 1.33B | 542.4M |
| Long-Term Debt | 9.32B | 10.91B | 8.18B | 8.38B | 9.59B | 8.59B | 8.27B | 8.05B | 8.71B | 9.89B | 1.21B | 1.91B | 1.12B | 1.12B | 1.63B | 639.23M | 648.33M | 782.67M | 303.73M | 293.45M | 291.88M | 487M | 488.24M | 502.99M | 506.68M | 503.52M | 623.59M | 624.37M | 730.3M | 843.9M | 142.7M |
| Capital Lease Obligations | 6.38B | 1.59B | 1.56B | 1.51B | 1.51B | 1.47B | 1.43B | 1.37B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 2.75B | 765.3M | 607.5M | 683.1M | 681.6M | 768.2M | 846.1M | 969.9M | 1.13B | 1.42B | 73.83M | 138.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 2.72B | 1.11B | 2.43B | 2.04B | 1.75B | 1.68B | 1.65B | 1.46B | 1.27B | 959.1M | 759.74M | 723.18M | 906.2M | 957.04M | 934.33M | 910.44M | 847.53M | 656.57M | 569.65M | 634.77M | 636.04M | 597.22M | 614.82M | 566.59M | 500.24M | 495.29M | 539.98M | 569.03M | 507.3M | 484M | 399.7M |
| Total Liabilities | 21.95B | 21.3B | 19.58B | 19.24B | 19.49B | 18.23B | 16.79B | 16.37B | 15.4B | 16.25B | 4.87B | 4.91B | 4.7B | 4.61B | 4.44B | 3.71B | 3.56B | 2.83B | 2.81B | 3.07B | 3B | 2.64B | 2.62B | 2.22B | 2.09B | 2.14B | 2.28B | 2.33B | 2.35B | 2.44B | 1.59B |
| Total Debt | 13.79B | 14.53B | 11.91B | 11.81B | 12.51B | 11.5B | 10.11B | 10.43B | 9.34B | 10.52B | 1.95B | 1.95B | 1.8B | 1.72B | 1.7B | 993.37M | 1.04B | 817.61M | 833.74M | 965.45M | 874.51M | 621.17M | 738.27M | 513.59M | 521.68M | 615.37M | 749.82M | 746.63M | 848.5M | 1B | 312.9M |
| Net Debt | 13.57B | 14.33B | 11.7B | 11.53B | 12.31B | 11.33B | 9.89B | 10.27B | 9.19B | 10.32B | 1.06B | 1.74B | 1.76B | 976.98M | 842.3M | 960.67M | 986.21M | 748.28M | 807.52M | 938.12M | 405.34M | 585.13M | 692.34M | 210.78M | 357.67M | 496.56M | 746.92M | 728.01M | 829.4M | 1B | 311M |
| Debt / Equity | 3.11x | 3.16x | 2.94x | 3.18x | 4.03x | 4.72x | 2.80x | 2.53x | 2.50x | 2.88x | 1.04x | 2.25x | 1.81x | 0.97x | 0.95x | 0.65x | 0.65x | 0.55x | 0.52x | 0.54x | 0.44x | 0.36x | 0.45x | 0.35x | 0.39x | 0.41x | 0.51x | 0.44x | 0.49x | 0.63x | 0.22x |
| Debt / EBITDA | 3.08x | 3.31x | 2.72x | 2.79x | 3.49x | 3.55x | 2.94x | 3.48x | 3.76x | 4.80x | 1.02x | 1.08x | 1.20x | 1.29x | 1.52x | 1.04x | 1.13x | 0.94x | 0.83x | 0.84x | 0.83x | 0.69x | 0.96x | 0.74x | 0.78x | 0.96x | 1.03x | 1.02x | 1.25x | 1.52x | 0.60x |
| Net Debt / EBITDA | 3.03x | 3.26x | 2.67x | 2.73x | 3.44x | 3.50x | 2.88x | 3.42x | 3.69x | 4.71x | 0.56x | 0.96x | 1.17x | 0.73x | 0.75x | 1.01x | 1.07x | 0.86x | 0.81x | 0.82x | 0.39x | 0.65x | 0.90x | 0.31x | 0.53x | 0.78x | 1.03x | 1.00x | 1.22x | 1.51x | 0.60x |
| Interest Coverage | 7.83x | 8.12x | 8.96x | 8.16x | 7.35x | 7.49x | 8.16x | 6.48x | 4.59x | 6.34x | 19.46x | 22.10x | 20.60x | 19.30x | 22.20x | 18.45x | 10.60x | 16.56x | 11.88x | 13.75x | 13.43x | 15.21x | 15.83x | - | - | - | - | - | - | - | - |
| Total Equity | 4.43B | 4.6B | 4.05B | 3.72B | 3.1B | 2.44B | 3.61B | 4.12B | 3.73B | 3.65B | 1.88B | 867.91M | 996.47M | 1.77B | 1.79B | 1.52B | 1.61B | 1.49B | 1.61B | 1.79B | 1.99B | 1.73B | 1.65B | 1.46B | 1.34B | 1.49B | 1.47B | 1.7B | 1.72B | 1.59B | 1.4B |
| Equity Growth % | 44.57% | 13.5% | 9.03% | 19.78% | 27.28% | -32.5% | -12.43% | 10.52% | 2.27% | 94.2% | 116.43% | -12.9% | -43.85% | -0.96% | 18.12% | -5.75% | 7.95% | -7.14% | -10.08% | -10.37% | 15.12% | 4.83% | 13.17% | 8.72% | -9.8% | 1.08% | -13.34% | -1.01% | 7.77% | 13.63% | 15.6% |
| Book Value per Share | 17.86 | 18.48 | 15.94 | 14.39 | 11.85 | 9.12 | 13.19 | 14.71 | 13.09 | 12.81 | 6.63 | 3.08 | 3.39 | 5.74 | 5.75 | 4.78 | 4.93 | 4.31 | 4.48 | 4.55 | 4.83 | 4.08 | 3.81 | 3.31 | 2.95 | 3.17 | 3.06 | 3.35 | 3.29 | 3.05 | 2.71 |
| Total Shareholders' Equity | 4.43B | 4.6B | 4.05B | 3.72B | 3.1B | 2.44B | 3.61B | 4.12B | 3.73B | 3.65B | 1.88B | 867.91M | 996.47M | 1.77B | 1.79B | 1.52B | 1.61B | 1.49B | 1.61B | 1.79B | 1.99B | 1.73B | 1.65B | 1.46B | 1.34B | 1.49B | 1.47B | 1.7B | 1.72B | 1.59B | 1.4B |
| Common Stock | 83.2M | 83.1M | 92.5M | 91.8M | 91.2M | 90.8M | 89.9M | 119.4M | 118.4M | 117.6M | 116.56M | 115.76M | 114.53M | 112.9M | 111.62M | 107.45M | 231.35M | 228.65M | 227.15M | 225.58M | 222.99M | 218.94M | 216.4M | 212.41M | 209.84M | 208.03M | 206.85M | 206.31M | 0 | 0 | 0 |
| Retained Earnings | 1.37B | 1.03B | 7.25B | 5.29B | 3.52B | 2.12B | 844.3M | 7.37B | 6.25B | 5.46B | 4.05B | 3.23B | 2.42B | 1.77B | 1.23B | 756.37M | 4.82B | 4.52B | 4.25B | 3.94B | 3.49B | 3.04B | 2.7B | 2.4B | 2.16B | 2.12B | 1.95B | 2.02B | 1.8B | 1.6B | 1.41B |
| Treasury Stock | -707.8M | -84.3M | -6.99B | -5.23B | -3.78B | -2.87B | -96.5M | -5.84B | -4.9B | -4.27B | -4.24B | -4.22B | -3.15B | -1.64B | -849.68M | -276.65M | -4.39B | -4.01B | -3.47B | -3.07B | -2.2B | -1.89B | -1.53B | -1.27B | -1.03B | -837.28M | -678.78M | -533.89M | 0 | 0 | 0 |
| Accumulated OCI | -586.8M | -634.4M | -875.2M | -624.3M | -700.6M | -698.4M | -718.3M | -679.5M | -629.9M | -384.9M | -540.35M | -587.1M | -471.96M | -321.04M | -370.39M | -367.88M | -278.32M | -317.45M | -410.62M | -198.6M | -695.68M | -248.24M | -381.4M | -513.92M | -261.17M | -204.55M | -163.61M | -145.62M | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
High leverage and liquidity
According to the latest quarterly balance sheet data, SHW maintains a total debt load of $13.8 billion, which, when measured against an equity base of $4.4 billion, results in a debt-to-equity ratio of 3.11, signaling a highly leveraged capital structure that warrants close investor scrutiny.
The company's reliance on debt to fund its capital-intensive distribution model and shareholder returns appears to leave little room for error in a high-interest-rate environment. This leverage profile suggests that any sustained downturn in professional painting demand could significantly constrain the company's ability to service its obligations without further balance sheet strain.
Based on reported financial statements, the company's current ratio has remained consistently below 1.0, hovering at 0.86 in 2026Q1, which indicates that current liabilities exceed current assets and suggests a reliance on ongoing operational cash flow to meet short-term obligations rather than a liquid asset buffer.
This persistent liquidity tightness is characteristic of a business model that carries significant inventory to support its vast retail network. Investors should monitor whether this narrow margin of safety becomes a liability if seasonal working capital requirements coincide with unexpected macroeconomic volatility.
As reported in recent filings, the company carries $8.0 billion in goodwill alongside $6.2 billion in net property, plant, and equipment, illustrating a business model that is heavily anchored by its physical store footprint and the intangible value of its integrated distribution network.
The substantial goodwill balance suggests that past acquisitions, such as Valspar, remain a core component of the asset base, necessitating ongoing monitoring for potential impairment risks. The significant investment in PPE underscores the company's commitment to its proprietary retail strategy, which serves as a primary competitive barrier.
Analysis of the balance sheet reveals that retained earnings have fluctuated significantly, dropping from $8.7 billion in 2025Q3 to $1.4 billion in 2026Q1, a trend that suggests aggressive capital allocation or accounting adjustments that may obscure the true underlying health of the company's equity base.
This sharp contraction in retained earnings warrants further investigation, as it may indicate either substantial share repurchases or significant non-recurring charges that impact long-term solvency. Such volatility makes it difficult to rely on headline equity figures as a stable indicator of the company's financial foundation.
Quick answers to the most common questions about buying SHW stock.
As of 2025, The Sherwin-Williams Company (SHW) had total assets of $25.90B including $6.01B in current assets.
The Sherwin-Williams Company (SHW) carries total debt of $14.53B, offset by $207.2M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
The Sherwin-Williams Company (SHW) has total shareholders' equity (book value) of $4.60B ($18.48 book value per share). Book value represents the net worth of the company belonging to common stock holders.
The Sherwin-Williams Company (SHW) reported a current ratio of 0.87x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.