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Sherwin-Williams SHW Accrued Manufacturing Costs

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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$89.74B+2.6%
Enterprise value$105.91B+4.2%
P/E33.4×-1.0×
P/S3.7×-0.1×

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 source filing: Sherwin-Williams’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 1:54 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0000089800-26-000049
(in millions)June 30,2026December 31,2025June 30,2025
Current liabilities:
Short-term borrowings$2,246.4$1,200.5$1,706.7
Accounts payable2,826.42,354.22,570.0
Compensation and taxes withheld768.4839.4688.9
Accrued taxes405.4187.4255.8
Current portion of long-term debt1,498.4350.11,150.7
Current portion of operating lease liabilities486.5479.8480.7
Other accruals1,395.51,508.91,343.6

Item 1. Financial Statements

FAQ

What is Sherwin-Williams's accrued manufacturing costs?
Sherwin-Williams (SHW) reported accrued manufacturing costs of $768.4M in Q2 2026.
How has Sherwin-Williams's accrued manufacturing costs changed year-over-year?
Sherwin-Williams's accrued manufacturing costs increased by 11.5% year-over-year, from $688.9M to $768.4M.
What is the long-term trend for Sherwin-Williams's accrued manufacturing costs?
Over 5 years (2020 to 2025), Sherwin-Williams's accrued manufacturing costs has grown at a 2.2% compound annual growth rate (CAGR), from $752.7M to $839.4M.

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