The Sherwin-Williams Company

The Sherwin-Williams Company

SHW
The Sherwin-Williams CompanyUS flagNew York Stock Exchange
332.26
USD
+1.01
- -
80.66BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
33.65
38.57
41
43.03
53.76
62.85
65
67.69
75.98
85.85
90.26
92.03
95.21
99.41
Basic EPS, GAAP
2.49
3
3.81
4.11
6.2
3.97
5.6
7.48
7.1
7.83
9.35
10.68
10.37
10.95
Free Cash Flow per Basic Share
3.58
3.75
5.23
4.75
6.76
6.97
8.43
12.56
8.55
7.44
13.79
12.56
13.94
15.83
Dividend per Share
0.68
0.75
0.9
1.13
1.14
1.16
1.53
1.8
2.24
2.4
2.44
2.88
3.19
3.2
Book Value per Share
5.77
3.51
3.14
6.73
12.95
13.35
14.92
13.44
9.33
11.98
14.6
16.12
18.56
15.88
Tangible Book Value per Share
0.81
-1.59
-1.92
1.78
-32.55
-30.17
-27.55
-29.44
-33.31
-32.77
-30.61
-28.1
-29.89
-32.84
Basic Weighted Avg Shares
303
289
277
276
279
279
275
271
262
258
255
251
248
246
Sales/Revenue/Turnover
10,186
11,130
11,339
11,856
14,984
17,534
17,901
18,362
19,945
22,149
23,052
23,098
23,574
24,410
Operating Margin (%)
11.31
11.73
14.24
14.45
11.34
10.78
13.55
15.54
13.36
13.55
15.64
16.29
16.11
16.29
Depreciation Expense
188
199
199
197
492
596
575
581
573
581
622
624
677
726
Net Income, GAAP
753
866
1,054
1,133
1,728
1,109
1,541
2,030
1,864
2,020
2,389
2,681
2,568
2,688
Effective Tax Rate (%)
30.7
31.18
31.96
28.99
- -
18.46
22.23
19.4
17.09
21.49
23.19
22.32
23.06
23.01
Profit Margin (%)
7.39
7.78
9.29
9.55
11.53
6.32
8.61
11.06
9.35
9.12
10.36
11.61
10.9
11.01
Working Capital
630
-115
515
798
420
47
110
-3
-666
-53
-1,114
-1,408
-913
-2,628
LT Debt
1,122
1,116
1,907
1,211
9,886
8,708
9,421
9,701
10,062
11,104
9,887
9,735
10,912
9,984
Total Equity
1,775
996
868
1,878
3,648
3,731
4,123
3,611
2,437
3,102
3,716
4,051
4,598
3,855
Return on Invested Capital (%)
20.52
25.11
33.91
32.24
- -
10.89
13.11
15.46
15.05
15.05
16.76
17.47
16.49
16.46
Return on Capital (%)
22.77
28.93
39.05
37.36
- -
10.33
13.13
16.3
15.49
15.75
17.4
19.08
17.47
17.51
Return on Common Equity (%)
43.95
63.42
113.05
82.49
62.53
30.05
39.25
52.51
61.65
72.94
70.07
69.05
59.39
65.12

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,030
2,861
4,231
LT Borrowings
9,321
9,323
8,327
LT Finance Leases
1,592
1,602
1,657
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
248
247
243
Market Capitalization
80,263
79,059
83,586

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,007
6,500
6,999
Cash, Cash Equivalents & STI
207
217
294
Accounts Receivable, Net
2,791
3,192
3,571
Inventories
2,318
2,473
2,530
Total Current Liabilities
6,920
7,535
9,627
Payables & Accruals
4,890
4,673
5,396
ST Debt
2,030
2,861
4,231
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.81%
7.42%
13.5%
Free Cash Flow
13.76%
6.76%
9.46%
Net Income, GAAP
12.14%
5.29%
-4.21%
Sales/Revenue/Turnover
7.86%
5.2%
2.06%
Total Cash Common Dividend
12.64%
10.33%
9.18%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,367
6,272
6,162
5,297
23,098
2025
5,306
6,314
6,358
5,596
23,574
2026
5,667
6,789
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
3.55
3.22
1.92
10.68
2025
2.02
3.04
3.38
1.94
10.37
2026
2.18
3.46
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.72
0.71
0.73
0.72
2.88
2025
0.8
0.8
0.79
0.79
3.19
2026
0.8
0.81
- -
- -
- -

Company Description

CEO
Heidi G. Petz
Full Time Employees
64,249
Sector
Basic Materials
Industry
Chemicals - Specialty
Address
1 Sherwin Way Cleveland OH United States of America 44113-2206
IPO Date
Mar 17, 1980
Business
The Sherwin-Williams Company, founded in 1866 and headquartered in Cleveland, Ohio, manufactures, distributes, and sells paints, coatings, floorcoverings, and related products to professional, industrial, commercial, and retail customers worldwide. The company operates through three main segments: Paint Stores Group, which manages over 5,000 company-owned stores offering architectural paints and coatings, industrial and marine products, floorcoverings, and supplies primarily in North America; Consumer Brands Group, which produces branded paints and coatings including Valspar, HGTV Home, Dutch Boy, Krylon, Minwax, and Thompson's WaterSeal for third-party retailers and mass merchandisers; and Performance Coatings Group, which provides high-performance coatings for industrial, wood, marine, packaging, automotive, and protective applications in more than 110 countries. Sherwin-Williams maintains a vertically integrated structure with global manufacturing facilities, distribution networks, and ongoing R&D investments, serving markets across North and South America, Europe, Asia, the Caribbean, and beyond. Recent developments include the completion of its $1.2 billion acquisition of BASF's Brazilian architectural paints business, Suvinil, in 2025, adding the Suvinil and Glasu! brands, two production facilities, and approximately 1,000 employees to bolster Latin American presence; expansion of its Tournus, France manufacturing site in 2024 to increase packaging coatings capacity by nearly 70% with new process lines; progression on its $600 million global headquarters in downtown Cleveland and R&D center in Brecksville, Ohio, both opened in 2024; appointment of Heidi G. Petz as Chair, President, and CEO in 2024; launch of new HGTV Home by Sherwin-Williams primers exclusively at Lowe's; and addition to the Dow Jones Industrial Average in November 2024.

Company News

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  • SHW DCF Analysis: Intrinsic Value $224 vs Price $347

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  • Aljian Capital Management LLC Buys New Position in The Sherwin-Williams Company $SHW

  • SHW DCF Analysis: Intrinsic Value $224 vs Price $350

  • BlackRock Inc. Acquires New Holdings in The Sherwin-Williams Company $SHW

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  • The Sherwin-Williams Company $SHW Shares Sold by Benjamin Edwards Inc.

  • Insider Sheds $2.9 Million Worth of Stock Following Option Exercise

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