Common-Size Balance Sheet: Assets
Quarterly Data
Paying user area
Try for free
Sherwin-Williams Co. pages available for free this week:
- Common-Size Income Statement
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Capital Asset Pricing Model (CAPM)
- Dividend Discount Model (DDM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Total Asset Turnover since 2005
- Analysis of Revenues
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Sherwin-Williams Co. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Sherwin-Williams Co., common-size consolidated balance sheet: assets (quarterly data)
Based on: 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).
The asset composition reveals a strategic shift in the balance sheet structure, characterized by a transition from intangible assets toward tangible fixed assets. While the overall ratio of long-term assets to current assets remains relatively stable, the internal distribution of these categories shows significant evolution over the analyzed period.
- Current Asset Dynamics
- Current assets as a percentage of total assets fluctuated between 22.85% and 28.38%, maintaining a general range of 23% to 27% in recent quarters. Cash and cash equivalents consistently represent a minimal portion of the asset base, typically remaining below 1.5% and reaching a low of 0.59% in September 2022. Accounts receivable and inventories constitute the primary drivers of current asset liquidity, with receivables averaging between 10% and 13% and inventories showing a peak of 11.71% in March 2023 before stabilizing around 9% to 10%.
- Fixed Asset Expansion
- A pronounced upward trend is observed in Property, Plant and Equipment (PP&E), net. This item increased from 8.71% of total assets in March 2021 to 15.94% by March 2026. This steady growth indicates a sustained increase in investment in physical infrastructure and productive capacity relative to the total asset base.
- Intangible Asset Compression
- There is a consistent downward trend in the weight of intangible assets and goodwill. Intangible assets declined from 20.60% in March 2021 to 14.73% in March 2026. Similarly, goodwill decreased from a peak of 34.52% in December 2021 to 30.34% in March 2026. This suggests that these non-physical assets are becoming a smaller proportion of the total balance sheet, likely due to amortization or the faster growth of tangible assets.
- Other Long-Term Asset Trends
- Operating lease right-of-use assets have remained remarkably stable, fluctuating within a narrow band between 7.5% and 8.8%. Other assets exhibited a gradual increase over the period, rising from 2.91% to 6.74%, with a notable temporary spike to 11.06% in September 2025.
- Overall Asset Structure
- The balance sheet remains heavily weighted toward long-term assets, which consistently represent between 72% and 77% of total assets. The shift from intangible assets to PP&E suggests a rebalancing of the long-term asset portfolio toward more tangible, operational investments.