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Sherwin-Williams SHW Retained Earnings

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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$88.22B+0.9%
Enterprise value$104.39B+2.7%
P/E32.8×-1.5×
P/S3.6×-0.2×

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:RetainedEarningsAccumulatedDeficit.

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
242.8 million, 247.7 million and 249.3 million shares outstanding
at June 30, 2026, December 31, 2025 and June 30, 2025, respectively83.383.192.7
Other capital4,322.14,204.54,680.2
Retained earnings2,013.11,029.48,106.6
Treasury stock, at cost(1,969.7)(84.3)(7,880.7)
Accumulated other comprehensive income (loss)(594.1)(634.4)(597.9)
Total shareholders’ equity3,854.74,598.34,400.9
Total Liabilities and Shareholders’ Equity$26,951.4$25,901.7$25,363.6

Item 1. Financial Statements

FAQ

What is Sherwin-Williams's retained earnings?
Sherwin-Williams (SHW) reported retained earnings of $2.01B in Q2 2026.
How has Sherwin-Williams's retained earnings changed year-over-year?
Sherwin-Williams's retained earnings decreased by 75.2% year-over-year, from $8.11B to $2.01B.
What is the long-term trend for Sherwin-Williams's retained earnings?
Over 5 years (2020 to 2025), Sherwin-Williams's retained earnings has grown at a 4.0% compound annual growth rate (CAGR), from $844.3M to $1.03B.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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