Sherwin Williams annual net debt
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Sherwin Williams Net Debt Growth & History (SHW)
Sherwin Williams's net debt was $12.93B for fiscal 2025.
View full Sherwin Williams company overviewSherwin Williams annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $12.93B | $1.04B | +8.73% |
| 2024 | 2024-12-31 | $11.89B | $359.3M | +3.12% |
| 2023 | 2023-12-31 | $11.53B | −$776.2M | −6.31% |
| 2022 | 2022-12-31 | $12.31B | $979.4M | +8.64% |
| 2021 | 2021-12-31 | $11.33B | $1.24B | +12.33% |
| 2020 | 2020-12-31 | $10.09B | −$392.3M | −3.74% |
| 2019 | 2019-12-31 | $10.48B | $1.29B | +14.04% |
| 2018 | 2018-12-31 | $9.19B | −$1.13B | −10.94% |
| 2017 | 2017-12-31 | $10.32B | $9.25B | +870.73% |
| 2016 | 2016-12-31 | $1.06B | −$681.4M | −39.07% |
| 2015 | 2015-12-31 | $1.74B | −$13.8M | −0.79% |
| 2014 | 2014-12-31 | $1.76B | $781.0M | +79.94% |
| 2013 | 2013-12-31 | $977.0M | $134.7M | +15.99% |
| 2012 | 2012-12-31 | $842.3M | −$118.4M | −12.32% |
| 2011 | 2011-12-31 | $960.7M | −$25.5M | −2.59% |
| 2010 | 2010-12-31 | $986.2M | $237.9M | +31.80% |
| 2009 | 2009-12-31 | $748.3M | −$59.2M | −7.34% |
| 2008 | 2008-12-31 | $807.5M | −$130.6M | −13.92% |
| 2007 | 2007-12-31 | $938.1M | — | — |
Sherwin Williams quarterly net debt
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Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $13.92B | $1.42B | +11.37% |
| Q1 2026 | 2026-03-31 | $13.57B | $949.7M | +7.53% |
| Q4 2025 | 2025-12-31 | $12.93B | $1.04B | +8.73% |
| Q3 2025 | 2025-09-30 | $13.34B | $1.48B | +12.44% |
| Q2 2025 | 2025-06-30 | $12.50B | $400.9M | +3.31% |
| Q1 2025 | 2025-03-31 | $12.62B | $116.0M | +0.93% |
| Q4 2024 | 2024-12-31 | $11.89B | $359.3M | +3.12% |
| Q3 2024 | 2024-09-30 | $11.86B | $484.2M | +4.26% |
| Q2 2024 | 2024-06-30 | $12.10B | −$31.8M | −0.26% |
| Q1 2024 | 2024-03-31 | $12.50B | −$344.6M | −2.68% |
| Q4 2023 | 2023-12-31 | $11.53B | −$776.2M | −6.31% |
| Q3 2023 | 2023-09-30 | $11.38B | −$938.1M | −7.62% |
| Q2 2023 | 2023-06-30 | $12.13B | −$63.5M | −0.52% |
| Q1 2023 | 2023-03-31 | $12.85B | $759.9M | +6.29% |
| Q4 2022 | 2022-12-31 | $12.31B | $979.4M | +8.64% |
| Q3 2022 | 2022-09-30 | $12.31B | $1.82B | +17.33% |
| Q2 2022 | 2022-06-30 | $12.19B | $1.54B | +14.44% |
| Q1 2022 | 2022-03-31 | $12.09B | $1.51B | +14.23% |
| Q4 2021 | 2021-12-31 | $11.33B | $1.24B | +12.33% |
| Q3 2021 | 2021-09-30 | $10.50B | $1.02B | +10.81% |
| Q2 2021 | 2021-06-30 | $10.66B | $234.3M | +2.25% |
| Q1 2021 | 2021-03-31 | $10.58B | −$693.5M | −6.15% |
| Q4 2020 | 2020-12-31 | $10.09B | −$392.3M | −3.74% |
| Q3 2020 | 2020-09-30 | $9.47B | −$963.2M | −9.23% |
| Q2 2020 | 2020-06-30 | $10.42B | −$612.8M | −5.55% |
| Q1 2020 | 2020-03-31 | $11.28B | −$188.3M | −1.64% |
| Q4 2019 | 2019-12-31 | $10.48B | $1.29B | +14.04% |
| Q3 2019 | 2019-09-30 | $10.44B | $945.3M | +9.96% |
| Q2 2019 | 2019-06-30 | $11.03B | $814.6M | +7.97% |
| Q1 2019 | 2019-03-31 | $11.46B | $811.2M | +7.61% |
| Q4 2018 | 2018-12-31 | $9.19B | −$1.13B | −10.94% |
| Q3 2018 | 2018-09-30 | $9.49B | −$1.25B | −11.65% |
| Q2 2018 | 2018-06-30 | $10.22B | −$1.07B | −9.51% |
| Q1 2018 | 2018-03-31 | $10.65B | $9.72B | +1037.72% |
| Q4 2017 | 2017-12-31 | $10.32B | $9.25B | +870.73% |
| Q3 2017 | 2017-09-30 | $10.74B | $9.48B | +753.07% |
| Q2 2017 | 2017-06-30 | $11.29B | $9.73B | +620.32% |
| Q1 2017 | 2017-03-31 | $936.4M | −$1.03B | −52.44% |
| Q4 2016 | 2016-12-31 | $1.06B | −$681.4M | −39.07% |
| Q3 2016 | 2016-09-30 | $1.26B | −$596.9M | −32.16% |
| Q2 2016 | 2016-06-30 | $1.57B | −$636.1M | −28.86% |
| Q1 2016 | 2016-03-31 | $1.97B | −$491.8M | −19.98% |
| Q4 2015 | 2015-12-31 | $1.74B | −$13.8M | −0.79% |
| Q3 2015 | 2015-09-30 | $1.86B | $436.8M | +30.78% |
| Q2 2015 | 2015-06-30 | $2.20B | $782.0M | +54.99% |
| Q1 2015 | 2015-03-31 | $2.46B | $1.12B | +82.89% |
| Q4 2014 | 2014-12-31 | $1.76B | $781.0M | +79.94% |
| Q3 2014 | 2014-09-30 | $1.42B | $525.3M | +58.76% |
| Q2 2014 | 2014-06-30 | $1.42B | $477.9M | +50.62% |
| Q1 2014 | 2014-03-31 | $1.35B | $255.6M | +23.45% |
| Q4 2013 | 2013-12-31 | $977.0M | $134.7M | +15.99% |
| Q3 2013 | 2013-09-30 | $893.9M | −$20.3M | −2.22% |
| Q2 2013 | 2013-06-30 | $944.2M | −$254.0M | −21.20% |
| Q1 2013 | 2013-03-31 | $1.09B | −$206.4M | −15.92% |
| Q4 2012 | 2012-12-31 | $842.3M | −$118.4M | −12.32% |
| Q3 2012 | 2012-09-30 | $914.3M | −$208.6M | −18.58% |
| Q2 2012 | 2012-06-30 | $1.20B | $44.9M | +3.89% |
| Q1 2012 | 2012-03-31 | $1.30B | $11.0M | +0.85% |
| Q4 2011 | 2011-12-31 | $960.7M | −$25.5M | −2.59% |
| Q3 2011 | 2011-09-30 | $1.12B | $121.4M | +12.13% |
| Q2 2011 | 2011-06-30 | $1.15B | $293.2M | +34.08% |
| Q1 2011 | 2011-03-31 | $1.29B | $335.8M | +35.36% |
| Q4 2010 | 2010-12-31 | $986.2M | $237.9M | +31.80% |
| Q3 2010 | 2010-09-30 | $1.00B | $323.2M | +47.65% |
| Q2 2010 | 2010-06-30 | $860.2M | $108.7M | +14.46% |
| Q1 2010 | 2010-03-31 | $949.6M | — | — |
| Q4 2009 | 2009-12-31 | $748.3M | −$59.2M | −7.34% |
| Q3 2009 | 2009-09-30 | $678.2M | — | — |
| Q2 2009 | 2009-06-30 | $751.5M | — | — |
| Q4 2008 | 2008-12-31 | $807.5M | — | — |
Sherwin Williams net debt trends
Over the last five fiscal years, Sherwin Williams's net debt increased from $10.09B to $12.93B, a change of $2.85B. The latest reported quarter, Q2 2026, shows $13.92B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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