The Sherwin-Williams Company
The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paint, coatings, and related products to professional, industrial, commercial and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group. The Paint Stores Group segment offers architectural paint and coatings; protective and marin… Read more
The Sherwin-Williams Company (S1HW34) - Net Assets
Latest net assets as of December 2025: R$4.60 Billion BRL
Based on the latest financial reports, The Sherwin-Williams Company (S1HW34) has net assets worth R$4.60 Billion BRL as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$25.90 Billion) and total liabilities (R$21.30 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$4.60 Billion |
| % of Total Assets | 17.75% |
| Annual Growth Rate | 3.03% |
| 5-Year Change | 88.67% |
| 10-Year Change | N/A |
| Growth Volatility | 19.06 |
The Sherwin-Williams Company - Net Assets Trend (2018–2025)
This chart illustrates how The Sherwin-Williams Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Sherwin-Williams Company (2018–2025)
The table below shows the annual net assets of The Sherwin-Williams Company from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$4.60 Billion | +13.50% |
| 2024-12-31 | R$4.05 Billion | +9.03% |
| 2023-12-31 | R$3.72 Billion | +19.78% |
| 2022-12-31 | R$3.10 Billion | +27.28% |
| 2021-12-31 | R$2.44 Billion | -32.50% |
| 2020-12-31 | R$3.61 Billion | -12.43% |
| 2019-12-31 | R$4.12 Billion | +10.52% |
| 2018-12-31 | R$3.73 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Sherwin-Williams Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | R$4.60 Billion | 100.00% |
| Total Equity | R$4.60 Billion | 100.00% |
The Sherwin-Williams Company Competitors by Market Cap
The table below lists competitors of The Sherwin-Williams Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vornado Realty Trust
PINK:VNORP
|
$6.25 Billion |
|
Argan Inc
NYSE:AGX
|
$6.25 Billion |
|
Als Ltd
AU:ALQ
|
$6.25 Billion |
|
Amdocs Limited
F:AOS
|
$6.26 Billion |
|
Antofagasta PLC
PINK:ANFGF
|
$6.24 Billion |
|
Jefferies Financial Group Inc
NYSE:JEF
|
$6.24 Billion |
|
Zoomlion Heavy Industry Science and Technology Co Ltd
SHE:000157
|
$6.24 Billion |
|
Guangdong Investment Ltd
PINK:GGDVY
|
$6.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Sherwin-Williams Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,051,200,000 to 4,598,300,000, a change of 547,100,000 (13.5%).
- Net income of 2,568,500,000 contributed positively to equity growth.
- Other factors decreased equity by 2,021,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$2.57 Billion | +55.86% |
| Other Changes | R$-2.02 Billion | -43.96% |
| Total Change | R$- | 13.50% |
Book Value vs Market Value Analysis
This analysis compares The Sherwin-Williams Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.99x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 12.48x to 8.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | R$13.36 | R$166.70 | x |
| 2019-12-31 | R$14.92 | R$166.70 | x |
| 2020-12-31 | R$13.44 | R$166.70 | x |
| 2021-12-31 | R$9.33 | R$166.70 | x |
| 2022-12-31 | R$11.98 | R$166.70 | x |
| 2023-12-31 | R$14.60 | R$166.70 | x |
| 2024-12-31 | R$16.12 | R$166.70 | x |
| 2025-12-31 | R$18.55 | R$166.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Sherwin-Williams Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 55.86%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.90%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 5.63x
- Recent ROE (55.86%) is below the historical average (56.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 29.72% | 6.32% | 0.92x | 5.13x | R$735.67 Million |
| 2019 | 37.38% | 8.61% | 0.87x | 4.97x | R$1.13 Billion |
| 2020 | 56.23% | 11.06% | 0.90x | 5.65x | R$1.67 Billion |
| 2021 | 76.50% | 9.35% | 0.97x | 8.48x | R$1.62 Billion |
| 2022 | 65.12% | 9.12% | 0.98x | 7.28x | R$1.71 Billion |
| 2023 | 64.29% | 10.36% | 1.00x | 6.18x | R$2.02 Billion |
| 2024 | 66.19% | 11.61% | 0.98x | 5.83x | R$2.28 Billion |
| 2025 | 55.86% | 10.90% | 0.91x | 5.63x | R$2.11 Billion |
Industry Comparison
This section compares The Sherwin-Williams Company's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $3,289,775,000
- Average return on equity (ROE) among peers: 14.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Sherwin-Williams Company (S1HW34) | R$4.60 Billion | 29.72% | 4.63x | $6.24 Billion |
| São Martinho S.A (SMTO3) | $3.29 Billion | 14.95% | 1.77x | $389.11 Million |