Debt to Equity
since 2005
Calculation
Sherwin-Williams Co., debt to equity, long-term trends, calculation
| Debt to equity | = | Total debt1 | ÷ | Shareholders’ equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 2.65 | = | 9,850,900) | ÷ | 3,715,800) |
| Dec 31, 2022 | 3.41 | = | 10,569,700) | ÷ | 3,102,100) |
| Dec 31, 2021 | 3.95 | = | 9,615,000) | ÷ | 2,437,200) |
| Dec 31, 2020 | 2.30 | = | 8,292,100) | ÷ | 3,610,800) |
| Dec 31, 2019 | 2.11 | = | 8,685,200) | ÷ | 4,123,300) |
| Dec 31, 2018 | 2.50 | = | 9,343,651) | ÷ | 3,730,745) |
| Dec 31, 2017 | 2.85 | = | 10,520,655) | ÷ | 3,692,188) |
| Dec 31, 2016 | 1.04 | = | 1,952,540) | ÷ | 1,878,441) |
| Dec 31, 2015 | 2.26 | = | 1,962,812) | ÷ | 867,910) |
| Dec 31, 2014 | 1.81 | = | 1,805,416) | ÷ | 996,470) |
| Dec 31, 2013 | 0.97 | = | 1,721,872) | ÷ | 1,774,535) |
| Dec 31, 2012 | 0.95 | = | 1,704,889) | ÷ | 1,791,804) |
| Dec 31, 2011 | 0.65 | = | 993,367) | ÷ | 1,516,919) |
| Dec 31, 2010 | 0.65 | = | 1,044,793) | ÷ | 1,609,440) |
| Dec 31, 2009 | 0.55 | = | 817,611) | ÷ | 1,490,950) |
| Dec 31, 2008 | 0.52 | = | 833,735) | ÷ | 1,605,648) |
| Dec 31, 2007 | 0.54 | = | 965,448) | ÷ | 1,785,727) |
| Dec 31, 2006 | 0.44 | = | 874,507) | ÷ | 1,992,360) |
| Dec 31, 2005 | 0.36 | = | 621,170) | ÷ | 1,730,612) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Sherwin-Williams Co., debt to equity, long-term trends, comparison to competitors
| Sherwin-Williams Co. | Linde plc | |
|---|---|---|
| Dec 31, 2023 | 2.65 | 0.49 |
| Dec 31, 2022 | 3.41 | 0.45 |
| Dec 31, 2021 | 3.95 | 0.32 |
| Dec 31, 2020 | 2.30 | 0.34 |
| Dec 31, 2019 | 2.11 | 0.28 |
| Dec 31, 2018 | 2.50 | 0.30 |
| Dec 31, 2017 | 2.85 | 1.50 |
| Dec 31, 2016 | 1.04 | 1.90 |
| Dec 31, 2015 | 2.26 | 2.10 |
| Dec 31, 2014 | 1.81 | 1.65 |
| Dec 31, 2013 | 0.97 | 1.33 |
| Dec 31, 2012 | 0.95 | 1.21 |
| Dec 31, 2011 | 0.65 | 1.20 |
| Dec 31, 2010 | 0.65 | 0.96 |
| Dec 31, 2009 | 0.55 | 0.95 |
| Dec 31, 2008 | 0.52 | 1.25 |
| Dec 31, 2007 | 0.54 | 0.82 |
| Dec 31, 2006 | 0.44 | 0.70 |
| Dec 31, 2005 | 0.36 | 0.88 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Chemicals)
Sherwin-Williams Co., debt to equity, long-term trends, comparison to sector (chemicals)
| Sherwin-Williams Co. | Chemicals | |
|---|---|---|
| Dec 31, 2023 | 2.65 | 0.67 |
| Dec 31, 2022 | 3.41 | 0.66 |
| Dec 31, 2021 | 3.95 | 0.51 |
| Dec 31, 2020 | 2.30 | 0.48 |
| Dec 31, 2019 | 2.11 | 0.43 |
| Dec 31, 2018 | 2.50 | 0.45 |
| Dec 31, 2017 | 2.85 | 2.01 |
| Dec 31, 2016 | 1.04 | 1.66 |
| Dec 31, 2015 | 2.26 | 2.13 |
| Dec 31, 2014 | 1.81 | 1.67 |
| Dec 31, 2013 | 0.97 | 1.26 |
| Dec 31, 2012 | 0.95 | 1.15 |
| Dec 31, 2011 | 0.65 | 1.08 |
| Dec 31, 2010 | 0.65 | 0.89 |
| Dec 31, 2009 | 0.55 | 0.86 |
| Dec 31, 2008 | 0.52 | 1.04 |
| Dec 31, 2007 | 0.54 | 0.74 |
| Dec 31, 2006 | 0.44 | 0.62 |
| Dec 31, 2005 | 0.36 | 0.72 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Materials)
Sherwin-Williams Co., debt to equity, long-term trends, comparison to industry (materials)
| Sherwin-Williams Co. | Materials | |
|---|---|---|
| Dec 31, 2023 | 2.65 | 0.64 |
| Dec 31, 2022 | 3.41 | 0.67 |
| Dec 31, 2021 | 3.95 | 0.55 |
| Dec 31, 2020 | 2.30 | 0.56 |
| Dec 31, 2019 | 2.11 | 0.52 |
| Dec 31, 2018 | 2.50 | 0.55 |
| Dec 31, 2017 | 2.85 | 1.85 |
| Dec 31, 2016 | 1.04 | 2.12 |
| Dec 31, 2015 | 2.26 | 2.42 |
| Dec 31, 2014 | 1.81 | 1.21 |
| Dec 31, 2013 | 0.97 | 1.07 |
| Dec 31, 2012 | 0.95 | 0.50 |
| Dec 31, 2011 | 0.65 | 0.49 |
| Dec 31, 2010 | 0.65 | 0.57 |
| Dec 31, 2009 | 0.55 | 0.77 |
| Dec 31, 2008 | 0.52 | 1.16 |
| Dec 31, 2007 | 0.54 | 0.49 |
| Dec 31, 2006 | 0.44 | 0.53 |
| Dec 31, 2005 | 0.36 | 0.71 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).