Sherwin-Williams Co (SHW)

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. The company 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 marine products; and OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners under the Sherwin-Williams brand. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers, including home centers and hardware stores, and dedicated dealers and distributors. The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications; automotive refinish products; protective and marine coatings; coil coatings; packaging coatings; and performance-based resins and colorants. This segment serves retailers, dealers, jobbers, licensees, and other third-party distributors. The company operates in North America, South America, the Caribbean, Europe, Asia, and Australia. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.

Symbol
SHW
Exchange
NYSE
Sector
Basic Materials
Industry
Specialty Chemicals
Market cap
$77.58B
52 week range
289.86 - 377.77

Valuation

Share price
$319.51 (close of 2026-10-02)
P/E (TTM)
29.18x
Price to book
20.13x
Price to free cash flow
24.14x
Enterprise value
$91.50B
Book value per share
$15.88

Price performance

PeriodChange
1 day-0.40%
5 days-2.91%
1 month-3.54%
3 months-9.35%
6 months+0.47%
Year to date-1.39%
1 year-7.09%
3 years+26.46%
5 years+12.09%
10 years+246.46%

Members of Congress who disclosed SHW trades

Lisa McClain · Jared Moskowitz · Maria Elvira Salazar · Val Hoyle · Jefferson Shreve · Ritchie Torres · Julie Johnson · Shelley Moore Capito

Super investors holding SHW

Andreas Halvorsen (Viking Global Investors) · Ken Griffin (Citadel) · Lee Ainslie (Maverick Capital LTD) · Mairs & Power (Mairs & Power Inc) · Chase Coleman (Tiger Global Management) · Ray Dalio (Bridgewater Associates)

Profitability and growth

Return on equity
55.86%
Return on assets
9.92%
Gross margin
48.85%
Net margin
10.90%
EBITDA margin
15.60%
Revenue growth
2.06%
Net income growth
-4.21%
Free cash flow growth
27.40%

Cash flow and balance sheet

Free cash flow yield (TTM)
4.14%
Current ratio
0.73x
Net debt to EBITDA
2.94x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$23.57B
Cost of revenue
$12.06B
Gross profit
$11.52B
EBITDA
$3.68B
Net income
$2.57B
Earnings per share
$10.37
Shares outstanding
247.60M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$23.57B$11.52B$2.57B$10.37
2024-12-31$23.10B$11.20B$2.68B$10.68
2023-12-31$23.05B$10.76B$2.39B$9.35
2022-12-31$22.15B$9.33B$2.02B$7.83
2021-12-31$19.94B$8.54B$1.86B$7.10
2020-12-31$18.36B$8.68B$2.03B$7.48
2019-12-31$17.90B$8.04B$1.54B$5.60
2018-12-31$17.53B$7.42B$1.11B$3.97
2017-12-31$14.98B$6.72B$1.73B$6.20
2016-12-31$11.86B$5.92B$1.13B$4.11

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3148.85%10.90%55.86%-
2024-12-3148.47%11.61%66.19%-
2023-12-3146.67%10.36%64.29%22.56%
2022-12-3142.10%9.12%65.12%18.46%
2021-12-3142.83%9.35%76.50%20.76%
2020-12-3147.29%11.06%56.23%21.06%
2019-12-3144.89%8.61%37.38%16.45%
2018-12-3142.31%6.32%29.72%18.75%
2017-12-3144.84%11.53%47.37%16.77%
2016-12-3149.94%9.55%60.30%58.66%

Cash and debt by year

Period endCashDebt
2025-12-31$207.20M$9.32B
2024-12-31$210.40M$8.18B
2023-12-31$276.80M$8.38B
2022-12-31$198.80M$9.59B
2021-12-31$165.70M$8.59B
2020-12-31$226.60M$8.27B
2019-12-31$161.80M$8.05B
2018-12-31$155.50M$8.71B
2017-12-31$204.20M$9.89B
2016-12-31$889.79M$1.21B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$2.65B$123.50M
2024-12-31$2.08B$138.10M
2023-12-31$2.63B$115.90M
2022-12-31$1.28B$99.70M
2021-12-31$1.87B$97.70M
2020-12-31$3.10B$95.90M
2019-12-31$1.99B$101.70M
2018-12-31$1.69B$82.60M
2017-12-31$1.66B$90.30M
2016-12-31$1.07B$72.11M

Dividend history

Most recent payment
2026-08-21
Paid in the last twelve months
$3.19
Payment dateDividend per share
2026-08-21$0.80
2026-05-22$0.80
2026-03-02$0.80
2025-11-14$0.79
2025-08-15$0.79
2025-05-16$0.79
2025-03-03$0.79
2024-11-15$0.71

Investor relations

Next earnings report

Next confirmed report
2026-10-27
Consensus EPS estimate
$3.66

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-28Jun/2026$3.56
2026-04-28Mar/2026$2.24
2026-01-29Dec/2025$2.12
2025-10-28Sep/2025$3.46
2025-07-22Jun/2025$3.76
2025-04-29Mar/2025$2.18
2025-01-30Dec/2024$2.07
2024-10-22Sep/2024$3.56

Filings and sources

Company website
sherwin-williams.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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