Stock Analysis on Net

Sherwin-Williams Co. (NYSE:SHW)

$24.99

Balance Sheet: Liabilities and Stockholders’ Equity
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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

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Sherwin-Williams Co., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel
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 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Short-term borrowings
Accounts payable
Compensation and taxes withheld
Accrued taxes
Current portion of long-term debt
Current portion of operating lease liabilities
Other accruals
Current liabilities
Long-term debt, excluding current portion
Postretirement benefits other than pensions
Deferred income taxes
Long-term operating lease liabilities, excluding current portion
Other long-term liabilities
Long-term liabilities
Total liabilities
Common stock, $0.33-1/3 par value
Other capital
Retained earnings
Treasury stock, at cost
Accumulated other comprehensive loss
Shareholders’ equity
Total liabilities and shareholders’ equity

Based on: 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), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).


Short-term borrowings
Short-term borrowings display volatility with a significant decline in mid-2020, followed by a steady increase peaking around early 2022, and then fluctuating with some declines and rises through the subsequent periods until the latest data point, which shows an increase.
Accounts payable
Accounts payable generally increase over the period, with some fluctuations. Notably, there is growth from 2020 into early 2022, a temporary dip toward the end of 2022, and a moderate recovery thereafter.
Compensation and taxes withheld
Compensation and taxes withheld exhibit a rising trend with peaks in late 2020 and again in 2023, followed by periods of slight decline and stabilization through the most recent quarters.
Accrued taxes
Accrued taxes show irregular variations with peaks around early 2021 and early 2023, and troughs in between. The overall pattern is inconsistent without a clear upward or downward trajectory.
Current portion of long-term debt
This item experiences significant fluctuations, with very low levels in the middle of 2020 and early 2022, contrasted by substantial increases in late 2021 and multiple peaks through 2023 and the latest periods.
Current portion of operating lease liabilities
Current operating lease liabilities steadily increase throughout the entire timeline, reflecting a gradual accumulation of short-term lease obligations.
Other accruals
Other accruals increase with some volatility, reaching higher levels in mid-2023 and continuing upward through late 2024, before showing a small decline in subsequent periods.
Current liabilities
Current liabilities reflect a growth trend from mid-2020 peaking in late 2024, with some troughs and recoveries along the way. This indicates rising short-term obligations overall.
Long-term debt, excluding current portion
Long-term debt remains relatively stable with minor fluctuations, although there is a noticeable decline from early 2021 through mid-2023 before an upward jump in the latest recorded quarters to new peaks.
Postretirement benefits other than pensions
This liability remains fairly constant with a slight gradual decline, especially after early 2022, reflecting decreasing obligations in this category.
Deferred income taxes
Deferred income taxes exhibit a downward trend from 2020 through 2022, followed by a modest recovery in some later periods; however, values mostly remain below initial levels.
Long-term operating lease liabilities, excluding current portion
Long-term operating lease liabilities gradually rise over the period, with slight fluctuations but an overall steady increase consistent with the trend seen in current operating lease liabilities.
Other long-term liabilities
Other long-term liabilities increase consistently over the entire timeline, indicating growing non-debt long-term obligations.
Long-term liabilities
Long-term liabilities show moderate fluctuations but generally maintain a stable range before rising notably near the end of the period, suggesting increasing long-term obligations late in the timeframe.
Total liabilities
Total liabilities fluctuate with a general upward trend, reaching peaks in several late quarters, signaling increased financial obligations overall.
Common stock
Common stock values show nominal incremental increases, indicating minimal issuance or repurchase activity from a share capital perspective.
Other capital
Other capital steadily increases throughout the timeline, reflecting consistent growth in additional paid-in capital and equity reserves.
Retained earnings
Retained earnings trend strongly upward over the period, demonstrating sustained profitability and accumulation of earnings, despite a notable early dip due to a possible restatement or adjustment.
Treasury stock
Treasury stock steadily increases in negative value, representing ongoing share repurchases with a continuous rise in shares held in treasury stock.
Accumulated other comprehensive loss
This account fluctuates without a clear trend, oscillating between increases and decreases, reflecting variability in components such as foreign currency translation and pension adjustments.
Shareholders’ equity
Shareholders’ equity shows an overall upward movement after a mid-period decline, with recovery starting in late 2022 and growth continuing through the latest quarters, driven by increasing retained earnings and other capital.
Total liabilities and shareholders’ equity
The total sum of liabilities and equity rises steadily, indicating growth in the company's overall balance sheet size over the analyzed periods.