Sherwin Williams annual free cash flow
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Sherwin Williams Free Cash Flow (FCF) History (SHW)
Sherwin Williams reported $2.65B in free cash flow for fiscal 2025, an increase of 27.40% from the previous fiscal year, with a free cash flow margin of 11.26%.
View full Sherwin Williams company overviewSherwin Williams free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.65B | $570.8M | +27.40% | +11.26% |
| 2024 | 2024-12-31 | $2.08B | −$550.3M | −20.90% | +9.02% |
| 2023 | 2023-12-31 | $2.63B | $1.36B | +106.48% | +11.42% |
| 2022 | 2022-12-31 | $1.28B | −$597.2M | −31.89% | +5.76% |
| 2021 | 2021-12-31 | $1.87B | −$1.23B | −39.69% | +9.39% |
| 2020 | 2020-12-31 | $3.10B | $1.11B | +55.83% | +16.91% |
| 2019 | 2019-12-31 | $1.99B | $299.7M | +17.71% | +11.13% |
| 2018 | 2018-12-31 | $1.69B | $31.5M | +1.90% | +9.65% |
| 2017 | 2017-12-31 | $1.66B | $591.7M | +55.32% | +11.09% |
| 2016 | 2016-12-31 | $1.07B | −$143.6M | −11.84% | +9.02% |
| 2015 | 2015-12-31 | $1.21B | $332.1M | +37.70% | +10.70% |
| 2014 | 2014-12-31 | $881.0M | −$36.1M | −3.94% | +7.92% |
| 2013 | 2013-12-31 | $917.1M | $186.3M | +25.50% | +9.00% |
| 2012 | 2012-12-31 | $730.8M | $148.8M | +25.56% | +7.66% |
| 2011 | 2011-12-31 | $582.0M | $583,000 | +0.10% | +6.64% |
| 2010 | 2010-12-31 | $581.4M | −$186.4M | −24.28% | +7.48% |
| 2009 | 2009-12-31 | $767.9M | $8.8M | +1.16% | +10.82% |
| 2008 | 2008-12-31 | $759.0M | $50.4M | +7.11% | +9.51% |
| 2007 | 2007-12-31 | $708.7M | — | — | +8.85% |
Sherwin Williams quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.24B | $308.0M | +33.08% | +18.25% |
| Q1 2026 | 2026-03-31 | $800,000 | $251.2M | — | +0.01% |
| Q4 2025 | 2025-12-31 | $862.1M | $227.6M | +35.87% | +15.41% |
| Q3 2025 | 2025-09-30 | $1.11B | $271.8M | +32.38% | +17.48% |
| Q2 2025 | 2025-06-30 | $931.1M | −$20.9M | −2.20% | +14.75% |
| Q1 2025 | 2025-03-31 | −$250.4M | $92.3M | — | −4.72% |
| Q4 2024 | 2024-12-31 | $634.5M | $35.4M | +5.91% | +11.98% |
| Q3 2024 | 2024-09-30 | $839.4M | −$316.4M | −27.37% | +13.62% |
| Q2 2024 | 2024-06-30 | $952.0M | −$48.3M | −4.83% | +15.18% |
| Q1 2024 | 2024-03-31 | −$342.7M | −$221.0M | — | −6.38% |
| Q4 2023 | 2023-12-31 | $599.1M | $191.9M | +47.13% | +11.41% |
| Q3 2023 | 2023-09-30 | $1.16B | $691.5M | +148.93% | +18.90% |
| Q2 2023 | 2023-06-30 | $1.00B | $516.4M | +106.72% | +16.03% |
| Q1 2023 | 2023-03-31 | −$121.7M | −$41.7M | — | −2.24% |
| Q4 2022 | 2022-12-31 | $407.2M | $337.2M | +481.71% | +7.79% |
| Q3 2022 | 2022-09-30 | $464.3M | −$288.4M | −38.32% | +7.68% |
| Q2 2022 | 2022-06-30 | $483.9M | −$434.6M | −47.32% | +8.24% |
| Q1 2022 | 2022-03-31 | −$80.0M | −$211.4M | — | −1.60% |
| Q4 2021 | 2021-12-31 | $70.0M | −$664.8M | −90.47% | +1.47% |
| Q3 2021 | 2021-09-30 | $752.7M | −$685.0M | −47.65% | +14.62% |
| Q2 2021 | 2021-06-30 | $918.5M | −$65.5M | −6.66% | +17.07% |
| Q1 2021 | 2021-03-31 | $131.4M | $183.1M | — | +2.82% |
| Q4 2020 | 2020-12-31 | $734.8M | $179.0M | +32.21% | +16.37% |
| Q3 2020 | 2020-09-30 | $1.44B | $631.2M | +78.26% | +28.07% |
| Q2 2020 | 2020-06-30 | $984.0M | $266.5M | +37.14% | +21.37% |
| Q1 2020 | 2020-03-31 | −$51.7M | $35.7M | — | −1.25% |
| Q4 2019 | 2019-12-31 | $555.8M | $128.1M | +29.96% | +13.51% |
| Q3 2019 | 2019-09-30 | $806.5M | $18.7M | +2.38% | +16.57% |
| Q2 2019 | 2019-06-30 | $717.5M | $238.7M | +49.86% | +14.71% |
| Q1 2019 | 2019-03-31 | −$87.4M | −$85.9M | — | −2.16% |
| Q4 2018 | 2018-12-31 | $427.7M | −$118.1M | −21.64% | +10.52% |
| Q3 2018 | 2018-09-30 | $787.8M | $174.8M | +28.52% | +16.65% |
| Q2 2018 | 2018-06-30 | $478.8M | $166.6M | +53.37% | +10.03% |
| Q1 2018 | 2018-03-31 | −$1.5M | −$191.8M | — | −0.04% |
| Q4 2017 | 2017-12-31 | $545.8M | $269.7M | +97.66% | +13.71% |
| Q3 2017 | 2017-09-30 | $612.9M | $215.4M | +54.18% | +13.60% |
| Q2 2017 | 2017-06-30 | $312.2M | −$197.8M | −38.79% | +8.36% |
| Q1 2017 | 2017-03-31 | $190.3M | $304.4M | — | +6.89% |
| Q4 2016 | 2016-12-31 | $276.1M | −$192.5M | −41.08% | +9.92% |
| Q3 2016 | 2016-09-30 | $397.5M | −$85.5M | −17.70% | +12.12% |
| Q2 2016 | 2016-06-30 | $510.0M | $150.5M | +41.87% | +15.84% |
| Q1 2016 | 2016-03-31 | −$114.1M | −$16.1M | — | −4.43% |
| Q4 2015 | 2015-12-31 | $468.6M | $333.0M | +245.64% | +17.99% |
| Q3 2015 | 2015-09-30 | $483.0M | $2.3M | +0.49% | +15.32% |
| Q2 2015 | 2015-06-30 | $359.4M | −$17.7M | −4.70% | +11.48% |
| Q1 2015 | 2015-03-31 | −$98.0M | $14.5M | — | −4.00% |
| Q4 2014 | 2014-12-31 | $135.6M | −$112.1M | −45.26% | +5.28% |
| Q3 2014 | 2014-09-30 | $480.7M | $41.2M | +9.38% | +15.26% |
| Q2 2014 | 2014-06-30 | $377.2M | $24.9M | +7.06% | +12.40% |
| Q1 2014 | 2014-03-31 | −$112.5M | $9.9M | — | −4.75% |
| Q4 2013 | 2013-12-31 | $247.7M | −$16.8M | −6.36% | +10.08% |
| Q3 2013 | 2013-09-30 | $439.5M | $105.3M | +31.52% | +15.43% |
| Q2 2013 | 2013-06-30 | $352.3M | $32.5M | +10.18% | +12.98% |
| Q1 2013 | 2013-03-31 | −$122.4M | $65.3M | — | −5.65% |
| Q4 2012 | 2012-12-31 | $264.5M | $31.6M | +13.55% | +11.91% |
| Q3 2012 | 2012-09-30 | $334.1M | $24.3M | +7.84% | +12.84% |
| Q2 2012 | 2012-06-30 | $319.8M | $100.4M | +45.77% | +12.43% |
| Q1 2012 | 2012-03-31 | −$187.6M | −$7.5M | — | −8.78% |
| Q4 2011 | 2011-12-31 | $232.9M | $53.0M | +29.45% | +11.25% |
| Q3 2011 | 2011-09-30 | $309.8M | $97.4M | +45.81% | +12.47% |
| Q2 2011 | 2011-06-30 | $219.4M | −$110.9M | −33.58% | +9.32% |
| Q1 2011 | 2011-03-31 | −$180.1M | −$38.9M | — | −9.71% |
| Q4 2010 | 2010-12-31 | $179.9M | −$35.8M | −16.61% | +9.49% |
| Q3 2010 | 2010-09-30 | $212.5M | −$114.1M | −34.93% | +9.78% |
| Q2 2010 | 2010-06-30 | $330.2M | −$30.0M | −8.32% | +15.41% |
| Q1 2010 | 2010-03-31 | −$141.2M | −$6.5M | — | −9.02% |
| Q4 2009 | 2009-12-31 | $215.8M | $48.7M | +29.13% | +13.50% |
| Q3 2009 | 2009-09-30 | $326.6M | — | — | +16.35% |
| Q2 2009 | 2009-06-30 | $360.2M | — | — | +18.49% |
| Q1 2009 | 2009-03-31 | −$134.7M | — | — | −8.69% |
| Q3 2008 | 2008-09-30 | $167.1M | — | — | +7.37% |
Sherwin Williams free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $3.10B to $2.65B, a compound annual decline of 3.09%. Sherwin Williams's latest reported quarter, Q2 2026, generated $1.24B in free cash flow, an increase of 33.08% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Sherwin Williams filings at SEC.gov ↗