What is Sherwin-Williams's accrued expenses?

Sherwin-Williams (SHW) reported accrued expenses of $768.4M in Q2 2026.

What does accrued expenses mean?

Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

Sherwin-Williams SHW Accrued Expenses

Accrued Expenses at other companies

Lowe's CompaniesLOW

$972M+14.0%

MascoMAS

$630M+4.7%

PPG IndustriesPPG

$195M-11.0%

RPM InternationalRPM

$307.3M+6.9%

Home DepotHD

$2.24B-45.5%

Axalta Coating SystemsAXTA

$662M+6.4%

Other financials

Income statement

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Revenue$6.8B+7.5%

Gross profit$3.3B+7.0%

Operating income$1.3B+1.7%

Net income$843.6M+11.8%

EPS (diluted)$3.43+14.3%

Balance sheet

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Cash & equivalents$293.5M+8.8%

Total debt$16.5B+13.7%

Total equity$3.9B-12.4%

Total assets$27.0B+6.3%

Cash flow

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Operating cash flow$1.3B+21.1%

CapEx$108.4M-40.3%

Free cash flow$1.2B+33.1%

Valuation

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Market cap$78.31B-6.6%

Enterprise value$94.48B-3.6%

P/E29.1×-3.8×

P/S3.2×-0.4×

Profitability

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Gross margin49%+0.1pp

Net margin11%0.0pp

FCF margin13.2%+3.8pp

Returns & leverage

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Return on equity65.1%+2.7pp

Debt / equity4.3×+1.0×

Current ratio0.7×-0.1×

Where this comes from

Reported directly by Sherwin-Williams in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The official record: Sherwin-Williams’s 10-Q, filed July 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sherwin-Williams's accrued expenses?: Sherwin-Williams (SHW) reported accrued expenses of $768.4M in Q2 2026.
What does accrued expenses mean?: Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.