SHW · NYSE · Chemicals - Specialty

Sherwin-Williams (SHW)

Manufactures and sells architectural paints and industrial coatings through stores, retailers and branches.

$326.52
vs last close+5.21 (+1.62%)
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The Sherwin-Williams CompanySHW
Materials

Develops and sells architectural paints, consumer brands and industrial coatings through Paint Stores, Consumer Brands and Performance Coatings. A primarily North American company-operated store network provides direct access to contractors, while retail partners and global branches distribute products to consumers and industrial customers.

Develops, manufactures and sells paints, coatings and related products through three operating segments. Paint Stores Group reaches professional contractors and do-it-yourself customers through nearly 4,900 company-operated specialty stores across the United States, Canada and the Caribbean. Consumer Brands Group supplies branded and private-label architectural paints, stains, wood finishes, aerosols, caulks and adhesives to retailers, dealers and distributors, while supporting manufacturing and logistics across the enterprise.

Performance Coatings Group sells industrial coatings worldwide for automotive refinish, packaging, coil, protective and marine, wood and general industrial applications. The model combines controlled brands, technical service and direct distribution with third-party retail channels; Suvinil adds architectural-paint operations in Brazil. Demand is tied to cyclical construction, housing and manufacturing activity, and production relies on resins, latex, pigments, solvents and containers whose costs vary with commodity and energy markets.

Company facts

CEOHeidi G. Petz
ListedMar 17, 1980
ExchangeNYSE
HeadquartersCleveland, OH
CountryUnited States
Employees64,249
CIK0000089800
ISINUS8243481061

Market cap$78.00B
EPS (ttm)$10.85
P/E (ttm)29.61
ROE62.1%
P/B20.24
P/S3.20
Dividend yieldDiv yield0.99%
Beta0.83vs XLB 0.90

Price target$392.50+22.2%Average of 38 analysts
ConsensusBuy22 of 38 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 11, 2026KeyBancInitiate
Rating:
Rating: Sector Weight
Aug 24, 2026D.A. DavidsonTarget
Target:
Target: $400
Aug 3, 2026GuggenheimInitiate
Rating: Target:
Rating: BuyTarget: $400
Jul 29, 2026Goldman SachsTarget
Target: $410
Target: $420
Jul 29, 2026BMO CapitalReiterate
Rating: Target: $355
Rating: OutperformTarget: $405

Next report
Oct 27, 26
in 35 days
EPS estimate
$3.66
Revenue estimate
$6.79B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$2.09$2.25$3.38$3.59$2.23$2.35$3.70Pending
Estimate$2.06$2.15$3.76$3.45$2.16$2.27$3.52$3.66
Surprise+1.5%+4.7%−10.1%+4.1%+3.2%+3.5%+5.1%

RevenueReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$5.30B$5.31B$6.31B$6.36B$5.60B$5.67B$6.79BPending
Estimate$5.32B$5.40B$6.29B$6.20B$5.57B$5.56B$6.60B$6.79B
Surprise−0.4%−1.7%+0.3%+2.5%+0.5%+1.9%+2.8%
Estimate$3.66
ReportedDue Oct 27, 2026
Estimate$6.79B
ReportedDue Oct 27, 2026
View details

Debt to equity368.80%
Current ratio72.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$6.16B$5.30B$5.31B$6.31B$6.36B$5.60B$5.67B$6.79B
Net income$806.2M$480.1M$503.9M$754.7M$833.1M$476.8M$534.7M$843.6M
Net margin13.1%9.1%9.5%12.0%13.1%8.5%9.4%12.4%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$1.13B$673.5M$754.3M$1.10B$1.17B$778.7M$810.9M$1.23B
YoY growth+1.9%−0.2%+3.9%−10.8%+3.7%+15.6%+7.5%+12.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $293.5M · Total debt $14.22B · Total assets $26.95B · Shareholders' equity $3.85B

Revenue
$6.79B
Operating income
$1.23B
Net income
$843.6M
View details

Dividend yield
0.99%
Next ex-date
Nov 21, 26
estimated · in 60 days
Annual dividend
$3.19
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26
Dividend$0.715$0.79$0.79$0.79$0.79$0.80$0.80$0.80
Annual yield0.75%0.82%0.83%0.85%0.95%0.89%1.03%0.92%
Ex-dateNov 15Mar 3May 16Aug 15Nov 14Mar 2May 22Aug 21
Payment dateDec 6Mar 14Jun 6Sep 5Dec 5Mar 13Jun 5Sep 11
View details

Institutions83.90%203.67M shares
1,796 holders · as of Jun 30, 2026
Insiders0.29%693.4K shares
25 holders · as of Aug 19, 2026
Other15.81%38.40M shares
remainder

242.76M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
7.30%17.72Mas of Jun 30, 2026
State Street CorpInstitution
6.41%15.56Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.24%15.15Mas of Jun 30, 2026
FMR LLCInstitution
3.06%7.42Mas of Jun 30, 2026
Morgan StanleyInstitution
2.74%6.64Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 17, 2026Justin T. Binnsofficer: President, Glob. Architectural−13,500$352.70
Aug 7, 2026Karl J. Jorgenrudofficer: President, Glob. Industrial−7,886$368.30
Feb 24, 2026Bryan J. Youngofficer: SVP - Corp Strategy & Devel.−2,513$364.47
Feb 2, 2026Colin M. Davieofficer: Pres. & GM, Glob. Supply Chain−2,976$359.50
View details

  • PPG Industries

    Full-line coatings rival in industrial, aerospace, and architectural markets.

  • Axalta Coating Systems

    Focused auto refinish and mobility coatings rival, pending AkzoNobel merger.

  • Masco

    Behr paint parent; ~33% US DIY share via exclusive Home Depot distribution.

  • RPM

    Consumer and specialty coatings rival via Rust-Oleum, DAP, and Carboline.

Compare

CompanyPriceChange
Sherwin-Williams$326.52+1.62%$78.00B29.625.63.2+7.5%
PPG Industries$107.02+1.99%$23.33B15.013.01.4+7.2%
Axalta Coating Systems$32.99+3.55%$6.82B19.712.01.3+3.1%
Masco$69.28+2.27%$13.36B15.615.91.8−2.9%
RPM$100.36+1.36%$12.65B19.216.81.6+7.2%
Median17.414.41.5+5.1%