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FCF Margin for Sherwin-Williams (SHW)

As of · Reported

Metric

TTM

12.1%

YoY change

+2.24pp

Trough year (1997)

-12.5%

Peak year (2020)

16.9%

FCF Margin history chart for Sherwin-Williams (SHW) from 1989 to 2025

Latest: 11.3%

FCF Margin change chart for Sherwin-Williams (SHW) from 1989 to 2025

Latest: +2.24pp

FCF Margin history table for Sherwin-Williams (SHW) from 1989 to 2025

  • 202511.3%+2.24pp
  • 20249.0%-2.41pp
  • 202311.4%+5.67pp
  • 20225.8%-3.63pp
  • 20219.4%-7.52pp
  • 202016.9%+5.78pp
  • 201911.1%+1.48pp
  • 20189.7%-1.43pp
  • 201711.1%+2.07pp
  • 20169.0%-1.68pp
  • 201510.7%+2.78pp
  • 20147.9%-1.09pp
  • 20139.0%+1.34pp
  • 20127.7%+1.02pp
  • 20116.6%-0.84pp
  • 20107.5%-3.35pp
  • 200910.8%+1.31pp
  • 20089.5%+0.66pp
  • 20078.9%+1.09pp
  • 20067.8%-0.22pp
  • 20058.0%+0.80pp
  • 20047.2%-1.01pp
  • 20038.2%-0.16pp
  • 20028.3%-1.12pp
  • 20019.5%+3.11pp
  • 20006.3%-0.36pp
  • 19996.7%-0.03pp
  • 19986.7%+19.21pp
  • 1997-12.5%-1.49pp
  • 1996-11.0%-16.31pp
  • 19955.3%+0.08pp
  • 19945.2%-1.13pp
  • 19936.4%+1.20pp
  • 19925.2%+3.31pp
  • 19911.9%+7.02pp
  • 1990-5.1%-9.79pp
  • 19894.6%—

FCF Margin values are taken from Sherwin-Williams's reported income 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 FCF Margin at Sherwin-Williams (SHW)

According to Sherwin-Williams's latest reported financial statements, the company's latest reported free cash flow margin is 12.1%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of Sherwin-Williams (SHW) free cash flow margin is 11.26% – expanded 2.2 percentage points year-over-year.

The record annual free cash flow margin stands at 16.91%, reached in 2020; the historical low of -12.48% was recorded in 1997.

Sherwin-Williams FCF Margin by Year

Sherwin-Williams FCF Margin 2025: 11.3%

Sherwin-Williams posted free cash flow margin of 11.26% in 2025, expanded 2.2 percentage points from 2024.

Sherwin-Williams FCF Margin 2024: 9.0%

In 2024, Sherwin-Williams reported free cash flow margin of 9.02%, contracted 2.4 percentage points from 2023.

Sherwin-Williams FCF Margin 2023: 11.4%

Sherwin-Williams free cash flow margin in 2023 was 11.42%, expanded 5.7 percentage points from 2022.

Sherwin-Williams FCF Margin 2022: 5.8%

2022's free cash flow margin for Sherwin-Williams came in at 5.76%, contracted 3.6 percentage points from 2021.

Sherwin-Williams FCF Margin 2021: 9.4%

Sherwin-Williams free cash flow margin in 2021 was 9.39%.

See more financial history for Sherwin-Williams (SHW).

Sector peers by FCF Margin

Basic Materials peers of Sherwin-Williams (SHW), ranked by their latest free cash flow margin

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