Sherwin Williams (SHW) Cash from Operations (2009 - 2026)
Sherwin Williams' Cash from Operations was $1.1 billion in Q3 2026, down 15.5% from $1.31 billion a year earlier and down 18.0% from the prior quarter.
Sherwin Williams (SHW) Cash from Operations (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sherwin Williams' Cash from Operations was $3.68 billion through Sep 30, 2026, up 11.8% year-over-year; for FY2025, it came in at $3.45 billion, up 9.5% from FY2024.
- Cash from Operations shows a five-year compound annual growth rate of 0.3% (FY2020 to FY2025).
- In earlier years, Cash from Operations was $3.15 billion in FY2024 (-10.5%), $3.52 billion in FY2023 (+83.4%), $1.92 billion in FY2022 (-14.5%) and $2.24 billion in FY2021 (-34.1%).
- Quarterly Cash from Operations has moved between -$61.1 million (Q1 2025) and $1.35 billion (Q2 2026) over five years.
- Compared with a year earlier, Cash from Operations was higher in four of the last six quarters, with growth averaging 6.4%.
- The best year-over-year quarter for Cash from Operations over five years was Q1 2023 (growth of 235.4%); the worst was Q1 2022 (a decline of 86.6%).
- Per Business Quant data, SHW's Cash from Operations in the three quarters before Q3 2026 was $1.35 billion (Q2 2026), $139.1 million (Q1 2026) and $1.09 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.34 Bn | 219.48 Bn | 4.44 Bn | 3.17 Bn |
| 2 | Corning | 91.51 Bn | 83.19 Bn | 1.81 Bn | 1.06 Bn |
| 3 | Sherwin Williams | 82.84 Bn | 81.86 Bn | 3.28 Bn | 1.10 Bn |
| 4 | Air Products & Chemicals | 67.86 Bn | 63.04 Bn | 1.04 Bn | 1.31 Bn |
| 5 | LyondellBasell Industries | 39.28 Bn | 27.35 Bn | 1.50 Bn | 1.72 Bn |
| 6 | Nutrien | 34.70 Bn | 31.24 Bn | 1.86 Bn | -425.00 Mn |
| 7 | Ppg Industries | 27.22 Bn | 20.14 Bn | 1.76 Bn | 566.00 Mn |
| 8 | Qnity Electronics | 24.45 Bn | 20.59 Bn | 743.00 Mn | 271.00 Mn |
| 9 | Ati | 23.85 Bn | 21.81 Bn | 380.20 Mn | 154.60 Mn |
| 10 | Dow | 22.78 Bn | 6.74 Bn | 1.38 Bn | 1.84 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.10 Bn |
| Jun 30, 2026 | 1.35 Bn |
| Mar 31, 2026 | 139.10 Mn |
| Dec 31, 2025 | 1.09 Bn |
| Sep 30, 2025 | 1.31 Bn |
| Jun 30, 2025 | 1.11 Bn |
| Mar 31, 2025 | -61.10 Mn |
| Dec 31, 2024 | 934.50 Mn |
| Sep 30, 2024 | 1.07 Bn |
| Jun 30, 2024 | 1.20 Bn |
| Mar 31, 2024 | -58.90 Mn |
| Dec 31, 2023 | 918.60 Mn |
| Sep 30, 2023 | 1.31 Bn |
| Jun 30, 2023 | 1.21 Bn |
| Mar 31, 2023 | 88.20 Mn |
| Dec 31, 2022 | 641.00 Mn |
| Sep 30, 2022 | 639.20 Mn |
| Jun 30, 2022 | 613.40 Mn |
| Mar 31, 2022 | 26.30 Mn |
| Dec 31, 2021 | 193.90 Mn |
Sherwin Williams Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=SHW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "SHW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=SHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();