The Sherwin-Williams Company

SHWNYSEBasic Materials● Active

$305.30

+$5.21(+1.74%)

Market Cap$75.3B

P/E Ratio—

52W High$379.65

52W Low$289.86

Avg Volume1.9M

Open$301.34

Beta1.13

Overview

The Sherwin-Williams Company (SHW) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

SHW · free cash flow · updated Jun 8, 2026

Core FCF metrics

SHW · FCF · TTM · margin & CAGR

Free cash flow was $2.65B for FY2025 (fiscal year ending 2025-12-31), up 27.4% year-over-year The FCF margin was 11.3%. Five-year CAGR stands at -3.1%.

FY2025 Free Cash Flow$2.65B▲ +27.4% YoY

Trailing 12M (TTM)$2.91Btrailing 4 quarters sum

FCF Margin11.3%$2.65B ÷ revenue

3-Year CAGR+27.7%FY2022 → FY2025

5-Year CAGR-3.1%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

SHW · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$3.45B(798M)$2.65B▲ +27.4%11.3%

FY2024$3.15B(1.07B)$2.08B▼ 20.9%9.0%

FY2023$3.52B(888M)$2.63B▲ +106.5%11.4%

FY2022$1.92B(645M)$1.28B▼ 31.9%5.8%

FY2021$2.24B(372M)$1.87B▼ 39.7%9.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

SHW · P/FCF · FCF yield · FCF per share

The Sherwin-Williams Company (SHW) trades at a FCF yield of 3.86% and a price-to-free-cash-flow ratio of 25.9x. FCF per share stands at $11.79, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.86%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$11.79

TTM FCF ÷ Shares Outstanding

Price / FCF

x25.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x30.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

SHW · cash flow statement · operating / investing / financing

For FY2025, The Sherwin-Williams Company generated $3.45B in operating cash flow and spent 798M in capital expenditures, yielding $2.65B in free cash flow.

Operating Activities

+$3.45B

Cash from core business operations

2025-12-31

Investing Activities

−$2.01B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$1.38B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($3.45B) − |CapEx| (798M) = FCF ($2.65B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Basic Materials)

SHW vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

The Sherwin-Williams CompanyYOU

SHW

$2.65B+27.4%11.3%

29%

Southern Copper Corporation

Basic Materials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

The Sherwin-Williams Company (SHW) reported free cash flow of $2.65B for FY2025 (fiscal year ending 2025-12-31), up 27.4% year-over-year. The FCF margin was 11.3%.

Based on available data, The Sherwin-Williams Company has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $3.10B in FY2020. The 5-year CAGR stands at -3.1%.

The Sherwin-Williams Company's FCF yield is 3.86% and price-to-FCF ratio is 25.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

SHW free cash flow · 8 questions

The Sherwin-Williams Company free cash flow was $2.65B for FY2025, up 27.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $2.91B.

SHW free cash flowSHW FCFSHW FCF 2025SHW free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · The Sherwin-Williams Company · The Sherwin-Williams Company SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026