Buyback yield (TTM)
3.11%
Shareholder yield (TTM)
4.04%
5Y share count change
-9.1%
Buyback spend (TTM)
$2.62B
Cumulative buybacks
$20.8B
Key takeaways
- Sherwin-Williams (SHW) repurchased about $2.62B of stock over the trailing twelve months.
- Diluted share count is down 9.1% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 21.82× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at -7.5% per year over the latest 5-year window.
- TTM repurchases used about 108% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Sherwin-Williams (SHW)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Sherwin-Williams (SHW)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Sherwin-Williams (SHW)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Sherwin-Williams (SHW)
Latest: $1.66B
Overview
Sherwin-Williams (SHW) most recent annual buyback spend stands at $1.66B (2025) – edged down 4.7% year-over-year.
Over 2020–2025 (5 years), Sherwin-Williams buyback spend expanded at a -7.5% compound annual rate, with a net decline across the window.
Sherwin-Williams buyback spend peaked at $2.75B in 2021; the latest annual figure is $1.66B in 2025 (39.8% below peak).
Across the available history, buyback spend reached its high of $2.75B in 2021 and its low of $0.00 in 2016.
Sherwin-Williams Buyback Spend 2025: $1.66B
Sherwin-Williams buyback spend in 2025 was $1.66B, edged down 4.7% below 2024.
Sherwin-Williams Buyback Spend 2024: $1.74B
2024's buyback spend for Sherwin-Williams came in at $1.74B, grew 21.4% from 2023.
Sherwin-Williams Buyback Spend 2023: $1.43B
Sherwin-Williams posted buyback spend of $1.43B in 2023, surged 62.1% from 2022.
Sherwin-Williams Buyback Spend 2022: $883M
In 2022, Sherwin-Williams reported buyback spend of $883M, plunged 67.9% below 2021.
Sherwin-Williams Buyback Spend 2021: $2.75B
Sherwin-Williams buyback spend in 2021 was $2.75B.
See more financial history for Sherwin-Williams (SHW).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $1.66B | $124M | $1.53B | 2.07% | 249M | -2.1% | |
| 2024 | $1.74B | $138M | $1.6B | 2.02% | 254M | -1.6% | |
| 2023 | $1.43B | $116M | $1.32B | 1.81% | 258M | -1.3% | |
| 2022 | $883M | $99.7M | $784M | 1.45% | 262M | -2.0% | |
| 2021 | $2.75B | $97.7M | $2.65B | 3.01% | 267M | -2.4% | |
| 2020 | $2.45B | $95.9M | $2.35B | 3.71% | 274M | -2.3% | |
| 2019 | $779M | $102M | $677M | 1.46% | 280M | -1.6% | |
| 2018 | $613M | $82.6M | $531M | 1.68% | 285M | +0.1% | |
| 2017 | $0.00 | $90.3M | -$90.3M | — | 285M | +0.5% | |
| 2016 | $0.00 | $72.1M | -$72.1M | — | 283M | +0.5% | |
| 2015 | $1.04B | $72.3M | $963M | 4.35% | 282M | -4.1% | |
| 2014 | $1.49B | $64.7M | $1.42B | 5.99% | 294M | -4.8% | |
| 2013 | $769M | $58M | $711M | 4.21% | 309M | -0.8% | |
| 2012 | $558M | $54.3M | $503M | 3.56% | 312M | -1.6% | |
| 2011 | $367M | $48.2M | $319M | 4.03% | 317M | -2.9% | |
| 2010 | $376M | $42.3M | $333M | 4.23% | 326M | -5.8% | |
| 2009 | $530M | $23.3M | $507M | 7.86% | 346M | -3.3% | |
| 2008 | $394M | $41.1M | $352M | 5.69% | 358M | -8.8% | |
| 2007 | $863M | $35.4M | $828M | 12.17% | 393M | -4.8% | |
| 2006 | $311M | $0.00 | $311M | 3.71% | 412M | -2.7% | |
| 2005 | $356M | $0.00 | $356M | 5.87% | 424M | -2.3% | |
| 2004 | $267M | $0.00 | $267M | 4.28% | 434M | -1.6% | |
| 2003 | $238M | $0.00 | $238M | 4.74% | 441M | -3.2% | |
| 2002 | $190M | $0.00 | $190M | 4.54% | 456M | -3.1% | |
| 2001 | $157M | $0.00 | $157M | 3.72% | 470M | -2.3% | |
| 2000 | $147M | $0.00 | $147M | — | 481M | -5.1% | |
| 1999 | $147M | $0.00 | $147M | — | 507M | -2.9% | |
| 1998 | $85M | $0.00 | $85M | — | 521M | +0.1% | |
| 1997 | $8.4M | $0.00 | $8.4M | — | 521M | +0.8% | |
| 1996 | $3.1M | $0.00 | $3.1M | — | 517M | — | |
| 1995 | $17.4M | $0.00 | $17.4M | — | — | — | |
| 1994 | $128M | $0.00 | $128M | — | — | — | |
| 1993 | $16.1M | $0.00 | $16.1M | — | — | — | |
| 1992 | $4.3M | $0.00 | $4.3M | — | — | — | |
| 1991 | $1.3M | $0.00 | $1.3M | — | — | — | |
| 1990 | $1.3M | $0.00 | $1.3M | — | — | — | |
| 1989 | $12.5M | $0.00 | $12.5M | — | — | — |
- 2025$1.66B
- 2024$1.74B
- 2023$1.43B
- 2022$883M
- 2021$2.75B
- 2020$2.45B
- 2019$779M
- 2018$613M
- 2017$0.00
- 2016$0.00
- 2015$1.04B
- 2014$1.49B
- 2013$769M
- 2012$558M
- 2011$367M
- 2010$376M
- 2009$530M
- 2008$394M
- 2007$863M
- 2006$311M
- 2005$356M
- 2004$267M
- 2003$238M
- 2002$190M
- 2001$157M
- 2000$147M
- 1999$147M
- 1998$85M
- 1997$8.4M
- 1996$3.1M
- 1995$17.4M
- 1994$128M
- 1993$16.1M
- 1992$4.3M
- 1991$1.3M
- 1990$1.3M
- 1989$12.5M
Buybacks vs stock-based compensation for Sherwin-Williams (SHW)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 21.82×.
Buybacks vs dividends (share of cash returned) for Sherwin-Williams (SHW)
How Sherwin-Williams splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Sherwin-Williams, ranked by their latest buyback spend.
| $5.99B | |
| $4.6B | |
| $2.3B | |
| $1.18B | |
| $784M | |
| $683M | |
| $107M | |
| $0.00 |
- $5.99B
- $4.6B
- $2.3B
- $1.18B
- $784M
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $2.43B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks3.11% TTM
- Dividend Profile0.92% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History6 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.