Latest period
$746.60M
YoY change
-25.5%
5Y CAGR
+21.3%
Peak year (2024)
$1.07B
Cumulative CapEx
$10.49B
CapEx history chart for Sherwin-Williams (SHW) from 1989 to 2025
Latest: $797.60M
CapEx growth chart for Sherwin-Williams (SHW) from 1989 to 2025
Latest: -25.5%
CapEx history table for Sherwin-Williams (SHW) from 1989 to 2025
| 2025 | $797.60M | -25.5% | −$272.40M | ||
| 2024 | $1.07B | +20.4% | +$181.60M | ||
| 2023 | $888.40M | +37.8% | +$243.90M | ||
| 2022 | $644.50M | +73.3% | +$272.50M | ||
| 2021 | $372.00M | +22.4% | +$68.20M | ||
| 2020 | $303.80M | -7.6% | −$25.10M | ||
| 2019 | $328.90M | +31.0% | +$77.90M | ||
| 2018 | $251.00M | +12.7% | +$28.20M | ||
| 2017 | $222.80M | -6.8% | −$16.23M | ||
| 2016 | $239.03M | +2.0% | +$4.69M | ||
| 2015 | $234.34M | +16.9% | +$33.80M | ||
| 2014 | $200.54M | +20.3% | +$33.87M | ||
| 2013 | $166.68M | +6.1% | +$9.57M | ||
| 2012 | $157.11M | +2.2% | +$3.31M | ||
| 2011 | $153.80M | +22.9% | +$28.64M | ||
| 2010 | $125.16M | +37.0% | +$33.83M | ||
| 2009 | $91.33M | -22.1% | −$25.88M | ||
| 2008 | $117.20M | -29.3% | −$48.67M | ||
| 2007 | $165.87M | -21.0% | −$44.07M | ||
| 2006 | $209.94M | +46.7% | +$66.87M | ||
| 2005 | $143.07M | +33.9% | +$36.25M | ||
| 2004 | $106.82M | -8.3% | −$9.69M | ||
| 2003 | $116.51M | -7.9% | −$10.02M | ||
| 2002 | $126.53M | +53.2% | +$43.96M | ||
| 2001 | $82.57M | -37.8% | −$50.21M | ||
| 2000 | $132.78M | -11.2% | −$16.82M | ||
| 1999 | $149.60M | +2.4% | +$3.50M | ||
| 1998 | $146.10M | -86.1% | −$902.40M | ||
| 1997 | $1.05B | +32.1% | +$255.00M | ||
| 1996 | $793.50M | +632.0% | +$685.10M | ||
| 1995 | $108.40M | +23.3% | +$20.50M | ||
| 1994 | $87.90M | +32.8% | +$21.70M | ||
| 1993 | $66.20M | -7.8% | −$5.60M | ||
| 1992 | $71.80M | -18.4% | −$16.20M | ||
| 1991 | $88.00M | -67.6% | −$183.40M | ||
| 1990 | $271.40M | +278.5% | +$199.70M | ||
| 1989 | $71.70M | — | — |
- 2025$797.60M-25.5%
- 2024$1.07B+20.4%
- 2023$888.40M+37.8%
- 2022$644.50M+73.3%
- 2021$372.00M+22.4%
- 2020$303.80M-7.6%
- 2019$328.90M+31.0%
- 2018$251.00M+12.7%
- 2017$222.80M-6.8%
- 2016$239.03M+2.0%
- 2015$234.34M+16.9%
- 2014$200.54M+20.3%
- 2013$166.68M+6.1%
- 2012$157.11M+2.2%
- 2011$153.80M+22.9%
- 2010$125.16M+37.0%
- 2009$91.33M-22.1%
- 2008$117.20M-29.3%
- 2007$165.87M-21.0%
- 2006$209.94M+46.7%
- 2005$143.07M+33.9%
- 2004$106.82M-8.3%
- 2003$116.51M-7.9%
- 2002$126.53M+53.2%
- 2001$82.57M-37.8%
- 2000$132.78M-11.2%
- 1999$149.60M+2.4%
- 1998$146.10M-86.1%
- 1997$1.05B+32.1%
- 1996$793.50M+632.0%
- 1995$108.40M+23.3%
- 1994$87.90M+32.8%
- 1993$66.20M-7.8%
- 1992$71.80M-18.4%
- 1991$88.00M-67.6%
- 1990$271.40M+278.5%
- 1989$71.70M—
CapEx values are taken from Sherwin-Williams's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Sherwin-Williams (SHW)
According to Sherwin-Williams's latest reported financial statements, the company's current CapEx (TTM) is $746.60M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Sherwin-Williams (SHW) most recent annual CapEx stands at $797.60M (2025) – declined 25.5% year-over-year.
Sherwin-Williams CapEx has grown on net over the period, with a +21.3% compound annual growth rate over 2020–2025 (5 years).
Sherwin-Williams CapEx declined from $1.07B in 2024 to $797.60M in 2025, a 25.5% drawdown.
The record annual CapEx stands at $1.07B, reached in 2024; the historical low of $66.20M was recorded in 1993.
Sherwin-Williams Capital Expenditures by Year
Sherwin-Williams Capital Expenditures 2025: $797.60M
2025's CapEx for Sherwin-Williams came in at $797.60M, declined 25.5% below 2024.
Sherwin-Williams Capital Expenditures 2024: $1.07B
Sherwin-Williams posted CapEx of $1.07B in 2024, grew 20.4% from 2023. This figure represents the highest annual value in the available history.
Sherwin-Williams Capital Expenditures 2023: $888.40M
In 2023, Sherwin-Williams reported CapEx of $888.40M, surged 37.8% from 2022.
Sherwin-Williams Capital Expenditures 2022: $644.50M
Sherwin-Williams CapEx in 2022 was $644.50M, surged 73.3% from 2021.
Sherwin-Williams Capital Expenditures 2021: $372.00M
Sherwin-Williams CapEx in 2021 was $372.00M.
See more financial history for Sherwin-Williams (SHW).
Sector peers by CapEx
Basic Materials peers of Sherwin-Williams (SHW), ranked by their latest CapEx
| $7.02B | |
| $5.26B | |
| $4.49B | |
| $3.04B | |
| $2.71B | |
| $2.56B | |
| $1.33B | |
| $1.05B |
- $5.26B
- $4.49B
- $3.04B
- $2.71B
- $2.56B
- $1.33B
- $1.05B
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Sherwin-Williams (SHW) Key Financials
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