Sherwin-Williams Quarterly Cash Flow Statement
NYSE: SHWConsumer DiscretionaryRETAIL: Building MaterialsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Sherwin-Williams free cash flow
In the quarter ended Jun 30, 2026, Sherwin-Williams generated $1.35 billion of operating cash flow and spent $108.4 million on capital expenditures. That left free cash flow of $1.24 billion, a free-cash-flow margin of 18.3% of revenue. Free cash flow was up 33.1% from the prior year's $931.1 million.
Sherwin-Williams returned $1.46 billion to shareholders: $197.5 million in dividends and $1.26 billion in share repurchases, equal to 118% of free cash flow. Free cash flow covered dividend payments 6.3 times.
Summary generated from market data by MetaCap's automated system. Methodology
Sherwin-Williams cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 843.60M | 534.70M | 476.80M | 833.10M | 754.70M | 503.90M | 480.10M | 806.20M | 889.90M | 505.20M | 356.20M | 761.50M |
| Net Income growth (YoY) | +11.78% | +6.11% | -0.69% | +3.34% | -15.19% | -0.26% | +34.78% | +5.87% | +12.12% | +5.82% | -7.79% | +11.15% |
| Depreciation & Amortization | 98.50M | 98.30M | 98.30M | 82.80M | 79.30M | 79.90M | 80.10M | 74.40M | 71.80M | 71.10M | 74.30M | 71.90M |
| Stock-Based Compensation | 27.80M | 29.50M | 32.00M | 30.90M | 34.00M | 26.60M | 55.50M | 27.90M | 30.10M | 24.60M | 43.10M | 26.80M |
| Change in Working Capital | — | — | — | — | — | — | — | — | 166.40M | -682.10M | — | 433.70M |
| Operating Cash Flow | 1.35B | 139.10M | 1.09B | 1.31B | 1.11B | -61.10M | 934.50M | 1.07B | 1.20B | -58.90M | 918.60M | 1.31B |
| Capital Expenditures | -108.40M | -138.30M | -230.40M | -196.40M | -181.50M | -189.30M | -300.00M | -235.30M | -250.90M | -283.80M | -319.50M | -152.90M |
| Investing Cash Flow | -207.70M | -170.50M | -171.60M | -1.34B | -241.10M | -316.20M | -285.50M | -328.70M | -260.80M | -321.30M | -530.30M | -91.10M |
| Dividends Paid | -197.50M | -197.10M | -195.80M | -195.70M | -197.90M | -200.40M | -179.80M | -182.50M | -178.60M | -182.50M | -155.30M | -155.60M |
| Share Repurchases | -1.26B | -575.60M | -118.00M | -668.20M | -518.50M | -351.70M | -310.20M | -448.70M | -434.40M | -545.50M | -486.00M | -410.10M |
| Debt Issued | — | — | 0 | 1.50B | — | — | 0 | — | — | — | 0 | — |
| Debt Repaid | 0 | -350.00M | 0 | -800.00M | 0 | -250.00M | 0 | -600.00M | -500.00M | 0 | -135.80M | -600.00K |
| Financing Cash Flow | -1.06B | 47.60M | -942.30M | 6.50M | -810.00M | 367.20M | -670.80M | -718.50M | -917.40M | 289.60M | -639.50M | -915.50M |
| Net Change in Cash | 76.60M | 9.70M | -34.30M | -28.30M | 70.00M | -10.60M | -27.80M | 38.20M | 20.10M | -96.90M | -226.60M | 294.00M |
| Free Cash Flow | 1.24B | 800.00K | 862.10M | 1.11B | 931.10M | -250.40M | 634.50M | 839.40M | 952.00M | -342.70M | 599.10M | 1.16B |
This table shows 12 quarterly periods of Sherwin-Williams's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow SHW's reporting calendar. What is a cash flow statement?