Stock Analysis on Net
Stock Analysis on Net

Sherwin-Williams Co. (NYSE:SHW)

Balance Sheet: Assets 
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Sherwin-Williams Co., consolidated balance sheet: assets (quarterly data)

US$ in thousands

Microsoft Excel
Jun 30, 2026 Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Cash and cash equivalents 293,500 216,900 207,200 241,500 269,800 199,800 210,400 238,200 200,000 179,900 276,800 503,400 209,400 151,400 198,800 130,500 312,600 401,100 165,700 313,300 219,600 314,700
Accounts receivable, net 3,571,200 3,192,100 2,791,200 3,122,300 3,111,900 2,813,100 2,388,800 2,973,400 3,048,100 2,809,100 2,467,900 2,940,900 3,117,800 2,909,200 2,563,600 2,897,600 2,982,500 2,783,600 2,352,400 2,598,000 2,590,600 2,414,100
Inventories 2,529,700 2,473,200 2,318,200 2,276,300 2,484,600 2,515,200 2,288,100 2,267,400 2,289,100 2,378,000 2,329,800 2,244,300 2,439,000 2,707,800 2,626,500 2,547,800 2,411,600 2,328,600 1,927,200 1,816,000 1,804,100 1,847,300
Other current assets 604,800 617,500 690,800 506,000 559,000 511,600 513,500 495,300 513,400 475,400 438,400 510,200 584,400 524,400 518,800 541,300 552,800 573,100 608,400 651,100 571,400 533,500
Current assets 6,999,200 6,499,700 6,007,400 6,146,100 6,425,300 6,039,700 5,400,800 5,974,300 6,050,600 5,842,400 5,512,900 6,198,800 6,350,600 6,292,800 5,907,700 6,117,200 6,259,500 6,086,400 5,053,700 5,378,400 5,185,700 5,109,600
Property, plant and equipment, net 4,219,400 4,205,900 4,137,400 3,913,200 3,805,900 3,663,400 3,533,200 3,344,700 3,136,600 3,008,800 2,836,800 2,580,600 2,442,500 2,362,000 2,207,000 2,041,200 1,961,900 1,907,300 1,867,300 1,827,200 1,806,300 1,780,400
Goodwill 8,023,200 8,003,400 8,036,600 7,794,100 7,807,600 7,708,400 7,580,100 7,657,000 7,606,900 7,621,400 7,626,000 7,412,300 7,446,500 7,445,400 7,583,200 7,318,200 7,106,100 7,058,800 7,134,600 6,996,300 7,017,500 7,011,300
Intangible assets 3,803,700 3,885,600 3,966,100 3,466,200 3,543,400 3,493,400 3,533,200 3,656,900 3,692,800 3,777,500 3,880,500 3,824,000 3,934,400 4,103,500 4,002,000 3,958,300 3,955,100 4,004,000 4,001,500 4,068,800 4,165,800 4,210,000
Operating lease right-of-use assets 2,059,900 2,007,400 1,995,200 1,989,500 2,011,300 1,972,900 1,953,800 1,890,000 1,890,800 1,878,900 1,887,400 1,874,700 1,869,200 1,854,200 1,866,800 1,853,000 1,842,400 1,837,900 1,820,600 1,774,400 1,764,200 1,728,800
Other assets 1,846,000 1,776,700 1,759,000 2,897,300 1,770,100 1,758,300 1,631,500 1,445,400 1,356,300 1,299,100 1,210,800 1,114,100 1,122,900 1,072,000 1,027,300 957,900 927,800 836,000 789,000 691,500 580,100 594,900
Long-term assets 19,952,200 19,879,000 19,894,300 20,060,300 18,938,300 18,596,400 18,231,800 17,994,000 17,683,400 17,585,700 17,441,500 16,805,700 16,815,500 16,837,100 16,686,300 16,128,600 15,793,300 15,644,000 15,613,000 15,358,200 15,333,900 15,325,400
Total assets 26,951,400 26,378,700 25,901,700 26,206,400 25,363,600 24,636,100 23,632,600 23,968,300 23,734,000 23,428,100 22,954,400 23,004,500 23,166,100 23,129,900 22,594,000 22,245,800 22,052,800 21,730,400 20,666,700 20,736,600 20,519,600 20,435,000

Based on: 10-Q (reporting date: 2026-06-30), 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).


Total assets demonstrate a consistent long-term upward trajectory, growing from 20.4 billion USD in March 2021 to approximately 27.0 billion USD by June 2026. This growth is characterized by a steady expansion of both current and long-term asset bases, reflecting a period of significant balance sheet enlargement.

Current Asset Dynamics
Current assets increased from 5.1 billion USD to 7.0 billion USD over the analyzed period. The primary driver of this growth is found in accounts receivable, which rose from 2.4 billion USD in early 2021 to 3.6 billion USD by mid-2026, suggesting an expansion in credit sales or a shift in collection timelines. Inventories also exhibited a general upward trend, moving from 1.8 billion USD to 2.5 billion USD, although they experienced a peak of 2.7 billion USD in March 2023 before stabilizing. Cash and cash equivalents remained volatile, fluctuating between a low of 130.5 million USD in September 2022 and a peak of 503.4 million USD in September 2023, indicating a non-linear approach to liquidity management.
Long-term Capital Investment
Long-term assets grew from 15.3 billion USD to 20.0 billion USD. The most notable expansion occurred within property, plant, and equipment (PP&E), which more than doubled from 1.78 billion USD in March 2021 to 4.22 billion USD by June 2026. This sustained increase indicates aggressive capital expenditure and capacity expansion. Operating lease right-of-use assets also saw a steady, incremental rise from 1.7 billion USD to 2.1 billion USD.
Intangibles and Goodwill
Goodwill increased from 7.0 billion USD to 8.0 billion USD, suggesting a strategy of growth through acquisitions. Conversely, intangible assets showed a gradual decline, falling from 4.2 billion USD in March 2021 to 3.8 billion USD by June 2026, likely reflecting the impact of scheduled amortization that outweighed new intangible asset additions.
Other Asset Observations
Other assets showed an overall increase from 594.9 million USD to 1.8 billion USD. A significant anomaly is observed in September 2025, where other assets spiked to 2.9 billion USD before returning to approximately 1.8 billion USD in the subsequent quarters, indicating a temporary balance sheet adjustment or short-term asset reallocation.

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Assets: Selected Items


Current Assets: Selected Items