Sherwin Williams (SHW) Free Cash Flow (2009 - 2026)
Sherwin Williams' Free Cash Flow came in at $975.8 million for Q3 2026, down 12.2% from $1.11 billion a year earlier and down 21.2% from the prior quarter.
Sherwin Williams (SHW) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Sherwin Williams reported Free Cash Flow of $3.08 billion, up 26.8% year-over-year; for FY2025, it came in at $2.65 billion, up 27.4% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of -3.1% (FY2020 to FY2025).
- Going back by year, Free Cash Flow was $2.08 billion in FY2024 (-20.9%), $2.63 billion in FY2023 (+106.5%), $1.28 billion in FY2022 (-31.9%) and $1.87 billion in FY2021 (-39.7%).
- The five-year range for quarterly Free Cash Flow is -$342.7 million (Q1 2024) to $1.24 billion (Q2 2026).
- Year-over-year, Free Cash Flow increased in four of the last six quarters, with growth averaging 15.5%.
- The fastest year-over-year change in Free Cash Flow over five years came in Q4 2022 (growth of 481.7%), and the weakest in Q4 2021 (a decline of 90.5%).
- Business Quant data shows SHW's Free Cash Flow at $1.24 billion (Q2 2026), $800,000 (Q1 2026) and $862.1 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 1.78 Bn |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 516.00 Mn |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 975.80 Mn |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | - |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 1.41 Bn |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | 100.00 Mn |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 411.00 Mn |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 193.00 Mn |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | 61.80 Mn |
| 10 | Dow | 22.79 Bn | 8.23 Bn | 1.38 Bn | 1.13 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 975.80 Mn |
| Jun 30, 2026 | 1.24 Bn |
| Mar 31, 2026 | 800,000.00 |
| Dec 31, 2025 | 862.10 Mn |
| Sep 30, 2025 | 1.11 Bn |
| Jun 30, 2025 | 931.10 Mn |
| Mar 31, 2025 | -250.40 Mn |
| Dec 31, 2024 | 634.50 Mn |
| Sep 30, 2024 | 839.40 Mn |
| Jun 30, 2024 | 952.00 Mn |
| Mar 31, 2024 | -342.70 Mn |
| Dec 31, 2023 | 599.10 Mn |
| Sep 30, 2023 | 1.16 Bn |
| Jun 30, 2023 | 1.00 Bn |
| Mar 31, 2023 | -121.70 Mn |
| Dec 31, 2022 | 407.20 Mn |
| Sep 30, 2022 | 464.30 Mn |
| Jun 30, 2022 | 483.90 Mn |
| Mar 31, 2022 | -80.00 Mn |
| Dec 31, 2021 | 70.00 Mn |
Sherwin Williams Free Cash Flow 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=free-cash-flow&ticker=SHW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=SHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();