SHW · 10-Q · 2026Q1 · Full report

Liquidity and Cash Position

SHERWIN WILLIAMS CO · 2026-04-28 · Importance 49 · Surprise 6

The Company reported cash and cash equivalents of $216.9 million at March 31, 2026 and $2.443 billion of unused capacity under its credit facilities as disclosed in the OUTLOOK.,Total debt, net of cash, was $11.483 billion at March 31, 2026 and the Company stated it expects to remain in compliance with financing covenants while maintaining sufficient short-term borrowing capacity.,Management stated the Company has sufficient cash on hand and available borrowing capacity to fund current operating requirements.

Key facts

• Shareholders’ equity at March 31, 2026: $4,431.1 million; at December 31, 2025: $4,598.3 million; at March 31, 2025: $4,130.1 million.
• Cash and cash equivalents at March 31, 2026: $216.9 million and unused capacity under credit facilities: $2,443.0 million.
• Other assets increased $17.7 million from December 31, 2025 and increased $18.4 million from March 31, 2025, primarily due to increases in non-traded investments, cloud computing arrangement assets, deferred income tax assets and pension plan assets.
• The Company’s current ratio was 0.86 at March 31, 2026, 0.87 at December 31, 2025 and 0.77 at March 31, 2025.