SHW · NYSE · Chemicals - Specialty

Sherwin-Williams (SHW)

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

$328.41
vs last close+7.10 (+2.21%)

Sherwin-Williams is first and foremost a paint-store network built around professional painters, with the paint itself, local service and delivery working as one system. Factory finishes and protective coatings broaden the business, while the new Brazilian operation adds growth as do-it-yourself demand at home remains weak.

Item facts: FY2025 · year ended Dec 31, 2025, from filings, earnings calls and company pages.

Judgment weights, not filed revenue

Contractor paint & stores~54%Factory-applied finishes~23%Retail paint & supplies~14%Protective coatings~9%

The band summarizes business focus and direction. ~ marks estimates.

9 in detail · 10 more below

  • Sherwin-Williams-Branded Architectural Paints and Coatings

    · Product line

    Paint for homes and buildings is the core business, sold through roughly 4,900 company stores. Repainting is holding up better than new construction, but weak housing activity and higher input costs still matter.

    Competes with BEHR PRO and KILZ (Behr/Masco) · Aura and Regal Select (Benjamin Moore)

    In plain English

    Picture the neighborhood paint store that a working painter treats as a supply depot. Sherwin-Williams sells wall paint, primer and stain there, then mixes the exact color, keeps common supplies nearby, extends account credit and delivers to the job.

    Painters, property managers, builders and homeowners pay for the coatings and related supplies. Professionals return because a nearby store can reproduce a color and keep a crew moving; that service makes the store network as important as the can. Demand rises with repainting, maintenance and construction, while painter availability and the gap between selling prices and material costs shape the payoff.

  • General Industrial

    · Product line

    Finishes for metal goods and equipment are the largest factory-coatings line. Sales grew at a high-single-digit pace in the second quarter of 2026, helped by data-center, chip-factory and domestic manufacturing projects.

    Competes with Industrial Coatings (PPG) · Liquid Industrial, Powder and Electrocoat (Axalta)

    In plain English

    Before a machine, appliance or transport part leaves a factory, it often needs a tough, even finish. Sherwin-Williams supplies liquid paint, dry powder and coatings applied in an electrically charged bath, then helps the factory make the finish work on its production line.

    Manufacturers pay for each batch and for the reliability around it: the color must match, the coating must harden correctly, and the line cannot keep stopping. Once a finish is tested and approved for a particular factory process, changing it takes work. That makes approvals and on-site help sticky, though sales still rise and fall with factory output.

  • Automotive Finishes

    · Product line

    A repair-shop system of color coats, clear protective topcoats, primers and matching tools. Growth reached a high-single-digit pace in the second quarter of 2026; collision work, driving levels and technician availability set the rhythm.

    Competes with Automotive Refinish (PPG) · Cromax, Spies Hecker and Standox (Axalta)

    In plain English

    A repaired car panel has to look as though the crash never happened. Sherwin-Williams gives body shops the colored base layer, the clear protective layer, primers and tools that help recreate thousands of vehicle colors.

    Collision centers and dealer shops buy the materials used on each repair. Accuracy and speed keep them loyal: a poor match means rework, while a familiar system helps technicians return the car sooner. Distributors, training and color-matching support reinforce those repeat purchases. The flow of money ultimately follows repair orders, which depend on collisions, miles driven, vehicle age and whether shops can find enough skilled technicians.

  • Packaging Coatings

    · Product line

    Thin protective linings for food, drink and general cans must resist corrosion without affecting what is inside. Growth was mid-single-digit in the second quarter of 2026; changing food-contact rules bring both replacement demand and retesting work.

    Competes with Packaging Coatings (PPG) · Accelshield and Aqualure (AkzoNobel)

    In plain English

    The metal in a food or drink can should never touch its contents unprotected. A nearly invisible lining sits between them, guarding the can against rust and helping preserve taste. Sherwin-Williams makes those inside and outside coatings, including versions made without BPA, a chemical being removed from food packaging in Europe.

    Can makers buy the coating as their lines run, but they cannot swap formulas casually. Each lining must pass safety, flavor and corrosion tests and work at factory speed. New rules can therefore create orders for replacement formulas while also slowing adoption as customers test and convert their equipment.

  • Coil Coatings

    · Product line

    Color and weather protection applied to rolled steel or aluminum before it becomes roofing, panels or appliances. Growth was mid-single-digit in the second quarter of 2026; construction, appliance production, metal costs and factory energy use drive demand.

    Competes with Coil Coatings (Axalta) · CERAM-A-STAR and TRINAR (AkzoNobel)

    In plain English

    Instead of painting a finished roof panel or appliance, manufacturers can coat one long ribbon of metal first and shape it afterward. Sherwin-Williams supplies finishes that must bend with the metal, keep their color outdoors and survive years of weather.

    Metal processors buy coating for each production run. Architects and product designers often choose the required look and durability before the order reaches the coating line, so being on the approved list matters. Revenue follows the amount of metal being processed for buildings, appliances, heating and cooling equipment, and transport products; customers also watch metal tariffs and the energy needed to harden the finish.

  • Industrial Wood

    · Product line

    Stains, sealers and finishes for cabinets, furniture, floors and doors are a small factory line. Growth was mid-single-digit in the second quarter of 2026; remodeling and furniture demand matter, as does keeping customers' finishing lines productive.

    Competes with Wood Coatings (Axalta) · Industrial Wood Finishes (AkzoNobel)

    In plain English

    The smooth cabinet door in a kitchen usually gets its finish in a factory, not in the home. Sherwin-Williams supplies the stains, sealing layers and durable top finishes that give wood products their color, feel and protection.

    Cabinet, flooring, furniture and door makers pay as they produce. They care about appearance, but also how quickly a finish can be applied and dried, what it releases into the air and whether it survives daily use. A formula that already behaves well on a customer's line is inconvenient to replace. Even so, orders follow remodeling, furniture sales and how fully those factories are running.

  • Consumer Brands Group

    · Segment

    Retail paint, spray paint, wood care, sealants and painting tools produced $3.17 billion of outside sales. In the second quarter of 2026, sales jumped 21.5% with Suvinil included; the older business grew mid-single-digit.

    Competes with BEHR and KILZ (Behr/Masco) · Rust-Oleum, Zinsser and Varathane (RPM)

    In plain English

    This is the paint aisle rather than the Sherwin-Williams store. Brands such as Valspar, Krylon, Minwax and Purdy put wall paint, spray cans, wood stain, sealants, brushes and rollers onto the shelves of home centers and hardware stores; the group now also includes Brazil's Suvinil.

    Retailers buy the products for resale, and Sherwin-Williams also makes paint here for its own stores. Shelf space, store traffic and restocking turn into revenue. Breadth helps because one supplier can fill more of the aisle, but do-it-yourself painting remains weaker than professional work and large retail customers can carry considerable weight even though none tops a tenth of company sales.

  • Suvinil

    · BrandRamping

    The newly acquired Brazilian paint business contributed $164.5 million after its October closing, so fiscal twenty twenty-five shows only one quarter. Its prior-year sales were about $525 million; integration and Brazilian demand now bear watching.

    Competes with Coral (AkzoNobel) · Tintas Renner (PPG)

    In plain English

    Suvinil is Sherwin-Williams' newly purchased route into Brazilian home paint. The deal brought the Suvinil and lower-priced Glasu! brands, two factories and a network serving roughly two thousand retailers and distributors.

    Those sellers buy paint and pass it on to people renovating homes. Sherwin-Williams earns as stores replenish, much as it does with its other retail brands, but this operation arrived only in October and contributed for one quarter of the fiscal year. The full prior-year business was several times that partial contribution, making it a visible source of growth even though it remains small beside the company-store engine. Currency moves and integration can change the result.

  • Protective & Marine

    · Product line

    Heavy-duty coatings protect infrastructure, ships, water assets and factories from rust, fire and chemicals. Growth ran at least at a high-single-digit pace for eight straight quarters through mid-2026, making this the clearest sustained growth line.

    Competes with Protective & Marine Coatings (PPG) · Jotachar and AssetKeeper (Jotun)

    In plain English

    Rust never takes a day off. Bridges, ships, water facilities and industrial plants need thick coating systems that stand between valuable structures and salt, heat, fire or harsh chemicals. Sherwin-Williams supplies those layers along with technical help and related materials.

    Asset owners, shipyards and utilities pay when they build something new or maintain what they already own. Engineers often name an approved coating in the project requirements, and trained applicators put it on, so proven performance can win repeat work long before a can reaches the site. Sales depend on maintenance budgets, safety rules and project timing, but this line has recently outgrown the company as a whole.

  • Sherwin-Williams-Branded Architectural Paints and Coatings· Product linePaint for homes and buildings is the core business, sold through roughly 4,900 company stores. Repainting is holding up better than new construction, but weak housing activity and higher input costs still matter.

    Paint for homes and buildings is the core business, sold through roughly 4,900 company stores. Repainting is holding up better than new construction, but weak housing activity and higher input costs still matter.

    In plain English

    Picture the neighborhood paint store that a working painter treats as a supply depot. Sherwin-Williams sells wall paint, primer and stain there, then mixes the exact color, keeps common supplies nearby, extends account credit and delivers to the job.

    Painters, property managers, builders and homeowners pay for the coatings and related supplies. Professionals return because a nearby store can reproduce a color and keep a crew moving; that service makes the store network as important as the can. Demand rises with repainting, maintenance and construction, while painter availability and the gap between selling prices and material costs shape the payoff.

    Competes with BEHR PRO and KILZ (Behr/Masco) · Aura and Regal Select (Benjamin Moore)

  • General Industrial· Product lineFinishes for metal goods and equipment are the largest factory-coatings line. Sales grew at a high-single-digit pace in the second quarter of 2026, helped by data-center, chip-factory and domestic manufacturing projects.

    Finishes for metal goods and equipment are the largest factory-coatings line. Sales grew at a high-single-digit pace in the second quarter of 2026, helped by data-center, chip-factory and domestic manufacturing projects.

    In plain English

    Before a machine, appliance or transport part leaves a factory, it often needs a tough, even finish. Sherwin-Williams supplies liquid paint, dry powder and coatings applied in an electrically charged bath, then helps the factory make the finish work on its production line.

    Manufacturers pay for each batch and for the reliability around it: the color must match, the coating must harden correctly, and the line cannot keep stopping. Once a finish is tested and approved for a particular factory process, changing it takes work. That makes approvals and on-site help sticky, though sales still rise and fall with factory output.

    Competes with Industrial Coatings (PPG) · Liquid Industrial, Powder and Electrocoat (Axalta)

  • Automotive Finishes· Product lineA repair-shop system of color coats, clear protective topcoats, primers and matching tools. Growth reached a high-single-digit pace in the second quarter of 2026; collision work, driving levels and technician availability set the rhythm.

    A repair-shop system of color coats, clear protective topcoats, primers and matching tools. Growth reached a high-single-digit pace in the second quarter of 2026; collision work, driving levels and technician availability set the rhythm.

    In plain English

    A repaired car panel has to look as though the crash never happened. Sherwin-Williams gives body shops the colored base layer, the clear protective layer, primers and tools that help recreate thousands of vehicle colors.

    Collision centers and dealer shops buy the materials used on each repair. Accuracy and speed keep them loyal: a poor match means rework, while a familiar system helps technicians return the car sooner. Distributors, training and color-matching support reinforce those repeat purchases. The flow of money ultimately follows repair orders, which depend on collisions, miles driven, vehicle age and whether shops can find enough skilled technicians.

    Competes with Automotive Refinish (PPG) · Cromax, Spies Hecker and Standox (Axalta)

  • Packaging Coatings· Product lineThin protective linings for food, drink and general cans must resist corrosion without affecting what is inside. Growth was mid-single-digit in the second quarter of 2026; changing food-contact rules bring both replacement demand and retesting work.

    Thin protective linings for food, drink and general cans must resist corrosion without affecting what is inside. Growth was mid-single-digit in the second quarter of 2026; changing food-contact rules bring both replacement demand and retesting work.

    In plain English

    The metal in a food or drink can should never touch its contents unprotected. A nearly invisible lining sits between them, guarding the can against rust and helping preserve taste. Sherwin-Williams makes those inside and outside coatings, including versions made without BPA, a chemical being removed from food packaging in Europe.

    Can makers buy the coating as their lines run, but they cannot swap formulas casually. Each lining must pass safety, flavor and corrosion tests and work at factory speed. New rules can therefore create orders for replacement formulas while also slowing adoption as customers test and convert their equipment.

    Competes with Packaging Coatings (PPG) · Accelshield and Aqualure (AkzoNobel)

  • Coil Coatings· Product lineColor and weather protection applied to rolled steel or aluminum before it becomes roofing, panels or appliances. Growth was mid-single-digit in the second quarter of 2026; construction, appliance production, metal costs and factory energy use drive demand.

    Color and weather protection applied to rolled steel or aluminum before it becomes roofing, panels or appliances. Growth was mid-single-digit in the second quarter of 2026; construction, appliance production, metal costs and factory energy use drive demand.

    In plain English

    Instead of painting a finished roof panel or appliance, manufacturers can coat one long ribbon of metal first and shape it afterward. Sherwin-Williams supplies finishes that must bend with the metal, keep their color outdoors and survive years of weather.

    Metal processors buy coating for each production run. Architects and product designers often choose the required look and durability before the order reaches the coating line, so being on the approved list matters. Revenue follows the amount of metal being processed for buildings, appliances, heating and cooling equipment, and transport products; customers also watch metal tariffs and the energy needed to harden the finish.

    Competes with Coil Coatings (Axalta) · CERAM-A-STAR and TRINAR (AkzoNobel)

  • Industrial Wood· Product lineStains, sealers and finishes for cabinets, furniture, floors and doors are a small factory line. Growth was mid-single-digit in the second quarter of 2026; remodeling and furniture demand matter, as does keeping customers' finishing lines productive.

    Stains, sealers and finishes for cabinets, furniture, floors and doors are a small factory line. Growth was mid-single-digit in the second quarter of 2026; remodeling and furniture demand matter, as does keeping customers' finishing lines productive.

    In plain English

    The smooth cabinet door in a kitchen usually gets its finish in a factory, not in the home. Sherwin-Williams supplies the stains, sealing layers and durable top finishes that give wood products their color, feel and protection.

    Cabinet, flooring, furniture and door makers pay as they produce. They care about appearance, but also how quickly a finish can be applied and dried, what it releases into the air and whether it survives daily use. A formula that already behaves well on a customer's line is inconvenient to replace. Even so, orders follow remodeling, furniture sales and how fully those factories are running.

    Competes with Wood Coatings (Axalta) · Industrial Wood Finishes (AkzoNobel)

  • Consumer Brands Group· SegmentRetail paint, spray paint, wood care, sealants and painting tools produced $3.17 billion of outside sales. In the second quarter of 2026, sales jumped 21.5% with Suvinil included; the older business grew mid-single-digit.

    Retail paint, spray paint, wood care, sealants and painting tools produced $3.17 billion of outside sales. In the second quarter of 2026, sales jumped 21.5% with Suvinil included; the older business grew mid-single-digit.

    In plain English

    This is the paint aisle rather than the Sherwin-Williams store. Brands such as Valspar, Krylon, Minwax and Purdy put wall paint, spray cans, wood stain, sealants, brushes and rollers onto the shelves of home centers and hardware stores; the group now also includes Brazil's Suvinil.

    Retailers buy the products for resale, and Sherwin-Williams also makes paint here for its own stores. Shelf space, store traffic and restocking turn into revenue. Breadth helps because one supplier can fill more of the aisle, but do-it-yourself painting remains weaker than professional work and large retail customers can carry considerable weight even though none tops a tenth of company sales.

    Competes with BEHR and KILZ (Behr/Masco) · Rust-Oleum, Zinsser and Varathane (RPM)

  • Suvinil· BrandRampingThe newly acquired Brazilian paint business contributed $164.5 million after its October closing, so fiscal twenty twenty-five shows only one quarter. Its prior-year sales were about $525 million; integration and Brazilian demand now bear watching.

    The newly acquired Brazilian paint business contributed $164.5 million after its October closing, so fiscal twenty twenty-five shows only one quarter. Its prior-year sales were about $525 million; integration and Brazilian demand now bear watching.

    In plain English

    Suvinil is Sherwin-Williams' newly purchased route into Brazilian home paint. The deal brought the Suvinil and lower-priced Glasu! brands, two factories and a network serving roughly two thousand retailers and distributors.

    Those sellers buy paint and pass it on to people renovating homes. Sherwin-Williams earns as stores replenish, much as it does with its other retail brands, but this operation arrived only in October and contributed for one quarter of the fiscal year. The full prior-year business was several times that partial contribution, making it a visible source of growth even though it remains small beside the company-store engine. Currency moves and integration can change the result.

    Competes with Coral (AkzoNobel) · Tintas Renner (PPG)

  • Protective & Marine· Product lineHeavy-duty coatings protect infrastructure, ships, water assets and factories from rust, fire and chemicals. Growth ran at least at a high-single-digit pace for eight straight quarters through mid-2026, making this the clearest sustained growth line.

    Heavy-duty coatings protect infrastructure, ships, water assets and factories from rust, fire and chemicals. Growth ran at least at a high-single-digit pace for eight straight quarters through mid-2026, making this the clearest sustained growth line.

    In plain English

    Rust never takes a day off. Bridges, ships, water facilities and industrial plants need thick coating systems that stand between valuable structures and salt, heat, fire or harsh chemicals. Sherwin-Williams supplies those layers along with technical help and related materials.

    Asset owners, shipyards and utilities pay when they build something new or maintain what they already own. Engineers often name an approved coating in the project requirements, and trained applicators put it on, so proven performance can win repeat work long before a can reaches the site. Sales depend on maintenance budgets, safety rules and project timing, but this line has recently outgrown the company as a whole.

    Competes with Protective & Marine Coatings (PPG) · Jotachar and AssetKeeper (Jotun)

Named in filings, launches and programs

  • PRO+ AppEcosystemLets professional painters check account prices, order supplies, manage invoices, arrange delivery, choose colors and prepare job estimates.
  • Emerald SymmetryProductInterior paint introduced in 2026 without volatile organic compounds, chemicals that evaporate into the air, and with at least 22% plant-derived carbon before color is added.
  • Aerospace CoatingsProduct lineFinishes for aircraft makers and maintenance work, housed within Performance Coatings.
  • High Performance FlooringProduct lineResin-based flooring systems moved into Paint Stores at the start of 2025, aligning them more closely with the contractor channel.
  • Performance-Based Resins and ColorantsProduct lineSpecialty coating ingredients developed for internal use and also sold to outside customers through Performance Coatings.
  • ValsparBrandA Consumer Brands family spanning paint for buildings and protective uses.
  • HGTV HOME by Sherwin-WilliamsBrandRetail paint sold mostly through Lowe's, making that home-center relationship an important but unquantified outlet.
  • KrylonBrandConsumer Brands' spray-paint and specialty-coatings line for retail shelves.
  • MinwaxBrandRetail wood stains and finishes within Consumer Brands.
  • PurdyBrandBrushes, rollers and other painting tools sold alongside coatings.
  • PRO+ AppEcosystem

    Lets professional painters check account prices, order supplies, manage invoices, arrange delivery, choose colors and prepare job estimates.

  • Emerald SymmetryProduct

    Interior paint introduced in 2026 without volatile organic compounds, chemicals that evaporate into the air, and with at least 22% plant-derived carbon before color is added.

  • Aerospace CoatingsProduct line

    Finishes for aircraft makers and maintenance work, housed within Performance Coatings.

  • High Performance FlooringProduct line

    Resin-based flooring systems moved into Paint Stores at the start of 2025, aligning them more closely with the contractor channel.

  • Performance-Based Resins and ColorantsProduct line

    Specialty coating ingredients developed for internal use and also sold to outside customers through Performance Coatings.

  • ValsparBrand

    A Consumer Brands family spanning paint for buildings and protective uses.

  • HGTV HOME by Sherwin-WilliamsBrand

    Retail paint sold mostly through Lowe's, making that home-center relationship an important but unquantified outlet.

  • KrylonBrand

    Consumer Brands' spray-paint and specialty-coatings line for retail shelves.

  • MinwaxBrand

    Retail wood stains and finishes within Consumer Brands.

  • PurdyBrand

    Brushes, rollers and other painting tools sold alongside coatings.