The Sherwin-Williams Company income statement & cash flow
In the fiscal year ended Dec 31, 2025, The Sherwin-Williams Company reported net income of $2.57B on revenue of $23.57B. Operating cash flow was $3.45B.
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.86B | $14.98B | $17.53B | $17.90B | $18.36B | $19.94B | $22.15B | $23.05B | $23.10B | $23.57B |
| Gross profit | $5.92B | $6.72B | $7.42B | $8.04B | $8.68B | $8.54B | $9.33B | $10.76B | $11.20B | $11.52B |
| Operating income | $2.16B | $2.24B | $2.61B | $2.81B | $3.37B | $3.08B | $3.40B | $4.16B | — | — |
| Net income | $1.13B | $1.73B | $1.11B | $1.54B | $2.03B | $1.86B | $2.02B | $2.39B | $2.68B | $2.57B |
| Diluted EPS | $11.99 | $18.20 | $11.67 | $5.50 | $7.36 | $6.98 | $7.72 | $9.25 | $10.55 | $10.26 |
| Operating cash flow | $1.31B | $1.88B | $1.94B | $2.32B | $3.41B | $2.24B | $1.92B | $3.52B | $3.15B | $3.45B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | 48.8% | — | 10.9% |
| Dec 2024 | 48.5% | — | 11.6% |
| Dec 2023 | 46.7% | 18.1% | 10.4% |
| Dec 2022 | 42.1% | 15.3% | 9.1% |
| Dec 2021 | 42.8% | 15.5% | 9.3% |
Source: SEC EDGAR XBRL company facts for CIK 89800 (raw data). Most recent filing in this dataset: 10-Q filed Oct 27, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.