Sherwin-Williams Co (SHW) — Free Cash Flow Generation Index
Sherwin-Williams Co (SHW) has a Free Cash Flow Generation Index of 0.85x as of September 2025. Free cash flow of $1.11 Billion represents 1% of operating cash flow ($1.31 Billion). Explore Sherwin-Williams Co capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Sherwin-Williams Co Free Cash Flow Generation Index (1989–2024)
Historical FCF Generation Index trend for Sherwin-Williams Co across 36 annual periods. For the full cash flow conversion analysis, see how efficiently does Sherwin-Williams Co generate cash.
Annual Free Cash Flow Generation for Sherwin-Williams Co (1989–2024)
Year-by-year Free Cash Flow Generation Index for Sherwin-Williams Co. Check SHW cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.66x | $2.08 Billion | $3.15 Billion | $1.07 Billion | ▼ -11.6% |
| 2023 | 0.75x | $2.63 Billion | $3.52 Billion | $888.40 Million | ▲ +12.6% |
| 2022 | 0.66x | $1.28 Billion | $1.92 Billion | $644.50 Million | ▼ -20.4% |
| 2021 | 0.83x | $1.87 Billion | $2.24 Billion | $372.00 Million | ▼ -8.4% |
| 2020 | 0.91x | $3.10 Billion | $3.41 Billion | $303.80 Million | ▲ +6.1% |
| 2019 | 0.86x | $1.99 Billion | $2.32 Billion | $328.90 Million | ▼ -1.4% |
| 2018 | 0.87x | $1.69 Billion | $1.94 Billion | $251.00 Million | ▼ -1.2% |
| 2017 | 0.88x | $1.66 Billion | $1.88 Billion | $222.80 Million | ▲ +7.9% |
| 2016 | 0.82x | $1.07 Billion | $1.31 Billion | $239.03 Million | ▼ -2.5% |
| 2015 | 0.84x | $1.21 Billion | $1.45 Billion | $234.34 Million | ▲ +2.9% |
| 2014 | 0.81x | $880.98 Million | $1.08 Billion | $200.54 Million | ▼ -3.7% |
| 2013 | 0.85x | $917.09 Million | $1.08 Billion | $166.68 Million | ▲ +2.8% |
| 2012 | 0.82x | $730.77 Million | $887.89 Million | $157.11 Million | ▲ +4.1% |
| 2011 | 0.79x | $582.01 Million | $735.81 Million | $153.80 Million | ▼ -3.9% |
| 2010 | 0.82x | $581.43 Million | $706.59 Million | $125.16 Million | ▼ -7.9% |
| 2009 | 0.89x | $767.86 Million | $859.19 Million | $91.33 Million | ▲ +3.2% |
| 2008 | 0.87x | $759.03 Million | $876.23 Million | $117.20 Million | ▲ +6.9% |
| 2007 | 0.81x | $708.67 Million | $874.54 Million | $165.87 Million | ▲ +9.1% |
| 2006 | 0.74x | $605.90 Million | $815.84 Million | $209.94 Million | ▼ -7.2% |
| 2005 | 0.80x | $573.63 Million | $716.70 Million | $143.07 Million | ▼ -0.4% |
| 2004 | 0.80x | $437.86 Million | $544.68 Million | $106.82 Million | ▲ +1.6% |
| 2003 | 0.79x | $442.42 Million | $558.93 Million | $116.51 Million | ▲ +2.3% |
| 2002 | 0.77x | $432.39 Million | $558.92 Million | $126.53 Million | ▼ -9.3% |
| 2001 | 0.85x | $479.07 Million | $561.65 Million | $82.57 Million | ▲ +19.6% |
| 2000 | 0.71x | $330.57 Million | $463.34 Million | $132.78 Million | ▲ +3.2% |
| 1999 | 0.69x | $335.50 Million | $485.10 Million | $149.60 Million | ▼ -0.4% |
| 1998 | 0.69x | $332.40 Million | $478.50 Million | $146.10 Million | ▲ +150.1% |
| 1997 | -1.39x | $-609.00 Million | $439.50 Million | $1.05 Billion | ▼ -3.5% |
| 1996 | -1.34x | $-454.20 Million | $339.30 Million | $793.50 Million | ▼ -317.1% |
| 1995 | 0.62x | $174.30 Million | $282.70 Million | $108.40 Million | ▼ -5.0% |
| 1994 | 0.65x | $162.60 Million | $250.50 Million | $87.90 Million | ▼ -12.2% |
| 1993 | 0.74x | $188.10 Million | $254.30 Million | $66.20 Million | ▲ +11.3% |
| 1992 | 0.66x | $142.30 Million | $214.10 Million | $71.80 Million | ▲ +89.6% |
| 1991 | 0.35x | $47.50 Million | $135.50 Million | $88.00 Million | ▲ +146.5% |
| 1990 | -0.75x | $-116.70 Million | $154.70 Million | $271.40 Million | ▼ -230.3% |
| 1989 | 0.58x | $98.60 Million | $170.30 Million | $71.70 Million | — |