TICKDELTA
Sign in
Screener / SEC EDGAR /CIK 0000089800 /10-K filed Feb 19, 2026, compared with Feb 20, 2025 /Numbers from the XBRL of the 10-Ks
Materials peers:
IPNEMFCXAMCRSTLDSHW
NYSE Materials · Home Improvement Retail

Sherwin-Williams SHW

SHW quote by TradingView
Employees
64,249
Headquarters
Cleveland, OH
CEO
Heidi G. Petz
Next results
around Jan 28, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $23.6B through the costs to a net profit of $2.6B · income statement of the 10-K

11% net margin
Revenue to Gross profit: $11.5BRevenue to Cost of revenue: $12.1BGross profit to Net profit: $2.6BGross profit to Costs, tax, other: $8.9B Revenue: $23.6B REVENUE $23.6B +2% Y/Y Gross profit: $11.5B · 49% margin GROSS PROFIT $11.5B 49% margin · +3% Y/Y Cost of revenue: $12.1B · 51% of revenue COST OF REVENUE $12.1B 51% of revenue Net profit: $2.6B · 11% margin NET PROFIT $2.6B 11% margin · −4% Y/Y Costs, tax, other: $8.9B · 38% of revenue COSTS, TAX, OTHER $8.9B 38% of revenue
Gross profit $11.5B 49% margin · +3% Y/Y
Net profit $2.6B 11% margin · −4% Y/Y
The full income statement, year by year

SHW among Materials peers

Six ratios from the latest 10-K. Each corner is the share of 23 peers the company is above, not a score.

Compare
Revenue growth: 2.1%, above 35% of 23 peers (their median 5.3%) REVENUE GROWTH 2.1% · above 35% Gross margin: 48.6%, above 100% of 19 peers (their median 26.7%) GROSS MARGIN 48.6% · above 100% Net margin: 10.7%, above 65% of 23 peers (their median 8.8%) NET MARGIN 10.7% · above 65% FCF margin: 12.4%, above 83% of 23 peers (their median 6.8%) FCF MARGIN 12.4% · above 83%
SHW Peer median Below the median

What changed

1 new risk paragraph and 1 accounting fact worth reading about. 10-K filed Feb 19, 2026 against Feb 20, 2025.

Risk factors
1 new paragraph, nothing like it in the previous 10-K
10-K Item 1A
Receivables growing faster than revenue
Receivables +16.8% vs revenue +2.1% (+14.8 pts)
10-K · XBRL
Accounting checks
10 other checks clear, 1 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
3 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Receivables growing faster than revenue
    Receivables +16.8% vs revenue +2.1% (+14.8 pts)
  • Cash from operations $3.5B vs net income $2.6B (FY ending Dec 31, 2025)
9 more checks with nothing to note
  • Inventory +1.3% vs revenue +2.1% (-0.7 pts)
  • Same auditor in both 10-Ks: Ernst & Young LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Gibbsboro environmental-related accrual
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

1 paragraph in Risk Factors that was not in the 10-K filed Feb 20, 2025. Quoted as filed.

  1. Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
    •limit cash flow available to return to shareholders in the form of dividends and share repurchases;

New risk paragraphs, against peers

Latest 10-K of each, Materials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$22.1B$23.1B$23.1B$23.6B
Net income$2.0B$2.4B$2.7B$2.6B
Operating cash flow$1.9B$3.5B$3.2B$3.5B
Free cash flow$1.3B$2.6B$2.1B$2.7B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$23.6B ▲ 2.1% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

3 filings in the last 30 days · SEC EDGAR

All filings

About the company

Sherwin-Williams, Cleveland, OH · from the 10-K filed Feb 19, 2026

The Sherwin-Williams Company, founded in 1866 and incorporated in Ohio in 1884, is engaged in the development, manufacture, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America with additional operations in the Caribbean region, Europe, Asia and Australia. Our principal executive offices are located at 1 Sherwin Way, Cleveland, Ohio 44113-2206, telephone (216) 566-2000. As used in this report, the terms “Sherwin-Williams,” “Company,” “we”, “us” and “our” mean The Sherwin-Williams Company and its consolidated subsidiaries.

Headquarters
Cleveland, OH
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 27, 2026
Incorporated in
OH

Employees, at the top of the page: "At December 31, 2025, we employed 64,249 people worldwide, of which approximately 73% were in the United States" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Feb 19, 2026 (open at SEC), compared with the 10-K filed Feb 20, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/SHW/export.csv") into a cell.