Sherwin-Williams Balance Sheet Health
Financial Health criteria checks 2/6
Sherwin-Williams has a total shareholder equity of $4.1B and total debt of $9.9B, which brings its debt-to-equity ratio to 244.1%. Its total assets and total liabilities are $23.6B and $19.6B respectively. Sherwin-Williams's EBIT is $3.8B making its interest coverage ratio 9.3. It has cash and short-term investments of $210.4M.
Key information
244.1%
Debt to equity ratio
US$9.89b
Debt
| Interest coverage ratio | 9.3x |
| Cash | US$210.40m |
| Equity | US$4.05b |
| Total liabilities | US$19.58b |
| Total assets | US$23.63b |
Recent financial health updates
Sherwin-Williams (NYSE:SHW) Has A Pretty Healthy Balance Sheet
Nov 16
Does Sherwin-Williams (NYSE:SHW) Have A Healthy Balance Sheet?
Aug 06Does Sherwin-Williams (NYSE:SHW) Have A Healthy Balance Sheet?
Mar 18Recent updates
The Sherwin-Williams Company: Macro Uncertainty Weigh On Near-Term Outlook
Feb 05Analyst Estimates: Here's What Brokers Think Of The Sherwin-Williams Company (NYSE:SHW) After Its Yearly Report
Feb 01Is The Sherwin-Williams Company (NYSE:SHW) Potentially Undervalued?
Jan 28Calculating The Intrinsic Value Of The Sherwin-Williams Company (NYSE:SHW)
Jan 16Sherwin-Williams: This SWAN Is As Boring As Watching Paint Dry
Jan 15Sherwin-Williams: Too Rich For Me At Its Current Price
Jan 02Investors Should Be Encouraged By Sherwin-Williams' (NYSE:SHW) Returns On Capital
Dec 10What The Sherwin-Williams Company's (NYSE:SHW) P/E Is Not Telling You
Nov 28Sherwin-Williams (NYSE:SHW) Has A Pretty Healthy Balance Sheet
Nov 16Sherwin-Williams' Q3 Earnings Simply Not Good Enough
Oct 22A Look At The Intrinsic Value Of The Sherwin-Williams Company (NYSE:SHW)
Oct 17With EPS Growth And More, Sherwin-Williams (NYSE:SHW) Makes An Interesting Case
Oct 05When Should You Buy The Sherwin-Williams Company (NYSE:SHW)?
Sep 11Sherwin-Williams (NYSE:SHW) Is Very Good At Capital Allocation
Aug 30The Sherwin-Williams Company: Look Beyond Valuation And Into Value, Strong Buy
Aug 19Does Sherwin-Williams (NYSE:SHW) Have A Healthy Balance Sheet?
Aug 06The Sherwin-Williams Company: FY24 EPS Guidance Seems Conservative
Aug 05The Sherwin-Williams Company Just Beat EPS By 6.0%: Here's What Analysts Think Will Happen Next
Jul 25Sherwin-Williams Q2 Preview: Weakness Might Continue (Rating Downgrade)
Jul 19Calculating The Fair Value Of The Sherwin-Williams Company (NYSE:SHW)
Jul 11The Sherwin-Williams Company: A Hard Pass
Jul 03If EPS Growth Is Important To You, Sherwin-Williams (NYSE:SHW) Presents An Opportunity
Jun 26The Sherwin-Williams Company's (NYSE:SHW) Price Is Out Of Tune With Earnings
Jun 02Investors Shouldn't Overlook Sherwin-Williams' (NYSE:SHW) Impressive Returns On Capital
May 21The Sherwin-Williams Company Just Missed Earnings - But Analysts Have Updated Their Models
Apr 26Sherwin-Williams: Like Watching Paint Dry
Apr 23Is The Sherwin-Williams Company (NYSE:SHW) Expensive For A Reason? A Look At Its Intrinsic Value
Apr 11Is Now The Time To Look At Buying The Sherwin-Williams Company (NYSE:SHW)?
Mar 30Does Sherwin-Williams (NYSE:SHW) Have A Healthy Balance Sheet?
Mar 18Sherwin-Williams (NYSE:SHW) Could Become A Multi-Bagger
Feb 15Sherwin-Williams Q4: Near Term Outlook Remains Muted
Feb 05Sherwin-Williams: Rating Upgrade As I Turn Positive On Medium-Term Outlook
Jan 31Sherwin-Williams: Pricing And Moderation Of Raw Material Costs
Dec 28Sherwin-Williams: Macroeconomic Weakness Creating Headwinds For The Foreseeable Future
Oct 26Sherwin-Williams: A Well-Managed Business In A Turbulent Economic Landscape
Sep 11Sherwin-Williams: Stable Prospects, Looks Pricey
Aug 31Sherwin-Williams: A Must Watch Quality Stock
Jul 28Financial Position Analysis
Short Term Liabilities: SHW's short term assets ($5.4B) do not cover its short term liabilities ($6.8B).
Long Term Liabilities: SHW's short term assets ($5.4B) do not cover its long term liabilities ($12.8B).
Debt to Equity History and Analysis
Debt Level: SHW's net debt to equity ratio (238.9%) is considered high.
Reducing Debt: SHW's debt to equity ratio has increased from 210.6% to 244.1% over the past 5 years.
Debt Coverage: SHW's debt is well covered by operating cash flow (31.7%).
Interest Coverage: SHW's interest payments on its debt are well covered by EBIT (9.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 05:00 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Sherwin-Williams Company is covered by 52 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Ghansham Panjabi | Baird |
| Ishan Majumdar | Baptista Research |