The Sherwin-Williams Company (SHW) FCF Payout Ratio: 26.97%
Is The Sherwin-Williams Company’s FCF payout ratio high or low?
The Sherwin-Williams Company's FCF payout ratio of 26.97% is 12% below its 5-year average of 30.62%, around the middle of its 5-year range (15.72%–48.49%).
The FCF payout ratio for The Sherwin-Williams Company (SHW) is 26.97%. It is below its 12-month average by 16.35% (32.24%).
SHW FCF Payout Ratio Chart
SHW Average FCF Payout Ratio Chart
SHW Current vs Average FCF Payout Ratio Chart
SHW FCF Payout Ratio Metrics
FCF PAYOUT RATIO
26.97%
FCF PAYOUT RATIO AVG TTM
32.24%
FCF PAYOUT RATIO AVG 3Y
34.17%
FCF PAYOUT RATIO AVG 5Y
30.62%
FCF PAYOUT RATIO AVG 10Y
26.63%
FCF PAYOUT RATIO AVG 15Y
25.94%
FCF PAYOUT RATIO AVG 20Y
24.90%
CURRENT VS TTM AVG
-16.35%
CURRENT VS 3Y AVG
-21.06%
CURRENT VS 5Y AVG
-11.93%
CURRENT VS 10Y AVG
+1.29%
CURRENT VS 15Y AVG
+3.99%
CURRENT VS 20Y AVG
+8.30%
Payout Ratio Comparison
FCF Payout Ratio
27.0%
Earnings Payout Ratio
30.6%
Dividend Yield
1.02%
FCF Yield
3.77%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $2.65B | $789.80M | 29.8% |
| 2024 | $2.08B | $723.40M | 34.7% |
| 2023 | $2.63B | $623.70M | 23.7% |
| 2022 | $1.28B | $618.50M | 48.5% |
| 2021 | $1.87B | $587.10M | 31.4% |
| 2020 | $3.10B | $488.00M | 15.7% |
| 2019 | $1.99B | $420.80M | 21.1% |
| 2018 | $1.69B | $322.90M | 19.1% |
| 2017 | $1.66B | $319.00M | 19.2% |
| 2016 | $1.07B | $312.08M | 29.2% |
| 2015 | $1.21B | $249.65M | 20.6% |
| 2014 | $880.98M | $215.26M | 24.4% |
| 2013 | $917.09M | $204.98M | 22.4% |
| 2012 | $730.77M | $160.94M | 22.0% |
| 2011 | $582.01M | $153.51M | 26.4% |
| 2010 | $581.43M | $156.42M | 26.9% |
| 2009 | $767.86M | $162.56M | 21.2% |
| 2008 | $759.03M | $165.11M | 21.8% |
| 2007 | $708.67M | $162.30M | 22.9% |
| 2006 | $605.90M | $135.36M | 22.3% |
| 2005 | $573.63M | $113.59M | 19.8% |
| 2004 | $437.86M | $96.92M | 22.1% |
| 2003 | $442.42M | $90.69M | 20.5% |
| 2002 | $432.39M | $91.01M | 21.0% |
| 2001 | $479.07M | $90.98M | 19.0% |
| 2000 | $330.57M | $88.12M | 26.7% |
| 1999 | $335.50M | $81.00M | 24.1% |
| 1998 | $332.40M | $77.80M | 23.4% |
| 1997 | ($609.00M) | $69.00M | N/A (Loss) |
| 1996 | ($454.20M) | $60.00M | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
The Sherwin-Williams Company FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Sherwin-Williams Company FCF Payout Ratio FAQ
- What is the FCF payout ratio for The Sherwin-Williams Company (SHW)?
- The FCF payout ratio for SHW stock is 26.97%.
- Is The Sherwin-Williams Company's FCF payout ratio high or low?
- The Sherwin-Williams Company's FCF payout ratio of 26.97% is 12% below its 5-year average of 30.62%, around the middle of its 5-year range (15.72%–48.49%).
- What is the TTM average FCF payout ratio for The Sherwin-Williams Company (SHW)?
- The TTM average FCF payout ratio for SHW stock is 32.24%.
- What is the 3Y average FCF payout ratio for The Sherwin-Williams Company (SHW)?
- The 3Y average FCF payout ratio for SHW stock is 34.17%.
- What is the 5Y average FCF payout ratio for The Sherwin-Williams Company (SHW)?
- The 5Y average FCF payout ratio for SHW stock is 30.62%.
- What is the 10Y average FCF payout ratio for The Sherwin-Williams Company (SHW)?
- The 10Y average FCF payout ratio for SHW stock is 26.63%.
- What is the 15Y average FCF payout ratio for The Sherwin-Williams Company (SHW)?
- The 15Y average FCF payout ratio for SHW stock is 25.94%.
- What is the 20Y average FCF payout ratio for The Sherwin-Williams Company (SHW)?
- The 20Y average FCF payout ratio for SHW stock is 24.90%.
The Sherwin-Williams Company FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 29.76% |
| 2024-12-31 | 34.73% |
| 2023-12-31 | 23.68% |
| 2022-12-31 | 48.49% |
| 2021-12-31 | 31.35% |
| 2020-12-31 | 15.72% |
| 2019-12-31 | 21.12% |
| 2018-12-31 | 19.08% |
| 2017-12-31 | 19.20% |
| 2016-12-31 | 29.18% |
| 2015-12-31 | 20.58% |
| 2014-12-31 | 24.43% |
| 2013-12-31 | 22.35% |
| 2012-12-31 | 22.02% |
| 2011-12-31 | 26.38% |
| 2010-12-31 | 26.90% |
| 2009-12-31 | 21.17% |
| 2008-12-31 | 21.75% |
| 2007-12-31 | 22.90% |
| 2006-12-31 | 22.34% |
| 2005-12-31 | 19.80% |
| 2004-12-31 | 22.13% |
| 2003-12-31 | 20.50% |
| 2002-12-31 | 21.05% |
| 2001-12-31 | 18.99% |
| 2000-12-31 | 26.66% |
| 1999-12-31 | 24.14% |
| 1998-12-31 | 23.41% |
About The Sherwin-Williams Company
Cleveland, Ohio-based The Sherwin-Williams Company, established in 1866, is a prominent global player in the development, manufacturing, distribution, and sale of paints, coatings, and related merchandise. Its extensive customer base encompasses professionals, industrial enterprises, commercial clients, and individual consumers. The company's operations are organized into three key segments: 1. The Americas Group: This division provides architectural paints and coatings, protective and marine products, and original equipment manufacturer (OEM) finishes, catering to architectural and industrial painting contractors, as well as do-it-yourself homeowners. 2. Consumer Brands Group: This segment supplies a broad portfolio of both branded and private-label offerings, including architectural paints, stains, varnishes, wood finishes, and various related items like applicators, adhesives, and aerosols, to retailers and distributors. 3. Performance Coatings Group: Focused on specialized applications, this group develops and sells industrial coatings for wood finishing and general industrial use, automotive refinish products, high-performance protective and marine coatings, coil and packaging coatings, and advanced resins and colorants. Sherwin-Williams reaches its global clientele through its approximately 5,000 company-operated stores and facilities (as of February 17, 2022), alongside direct sales personnel and external representatives. The company maintains a significant international footprint, operating across North and South America, the Caribbean, Europe, Asia, and Australia.
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- CEO
- Heidi G. Petz