Direct Answer
Sherwin-Williams reported revenue of $23.6 billion for the fiscal year ended December 31, 2025, net income of $2.6 billion, according to its SEC filings. Revenue grew 2.1% from the prior year.
What Are Sherwin-Williams's Key Financial Figures?
| Fiscal year | FY2025 ended December 31, 2025 | FY2024 ended December 31, 2024 | FY2023 ended December 31, 2023 | FY2022 ended December 31, 2022 |
|---|---|---|---|---|
| Revenue | $23.6 billion | $23.1 billion | $23.1 billion | $22.1 billion |
| Operating income | Not reported | Not reported | $4.2 billion | $3.4 billion |
| Operating margin | n/a | n/a | 18.1% | 15.3% |
| Net income | $2.6 billion | $2.7 billion | $2.4 billion | $2.0 billion |
| Net margin | 10.9% | 11.6% | 10.4% | 9.1% |
| Operating cash flow | $3.5 billion | $3.2 billion | $3.5 billion | $1.9 billion |
| Capital expenditures | $798 million | $1.1 billion | $888 million | $645 million |
| Free cash flow | $2.7 billion | $2.1 billion | $2.6 billion | $1.3 billion |
Free cash flow (operating cash flow minus capital expenditures) was $2.7 billion against net income of $2.6 billion; cash generation covered reported earnings.
What Does Sherwin-Williams's Balance Sheet Show?
| Cash and cash equivalents | $207 million |
|---|---|
| Long-term debt | $9.3 billion |
| Total assets | $25.9 billion |
| Total liabilities | Not reported |
| Shareholders' equity | $4.6 billion |
| Current ratio | 0.9x |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value Sherwin-Williams reported in its own SEC filings, read from the SEC's XBRL data (accession 0000089800-26-000008 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was Sherwin-Williams's revenue in fiscal 2025?
Sherwin-Williams reported revenue of $23.6 billion for the fiscal year ended December 31, 2025, according to its SEC filings.
What is Sherwin-Williams's operating margin?
Sherwin-Williams did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit.
How much free cash flow did Sherwin-Williams generate?
Operating cash flow of $3.5 billion less capital expenditures of $798 million gives free cash flow of $2.7 billion for fiscal 2025.