The Sherwin-Williams Company

SHW Basic Materials Specialty Chemicals

The Sherwin-Williams Company’s revenue for fiscal 2025 (year ended December 2025) was $23.6 billion, up 2.06% from fiscal 2024.

Revenue
+7.89%
EPS
+0.89%
Free cash flow
−12.2%
Total debt
+2.43%

Quarter to September 2026, against a year earlier

343.88 5.13 −1.47%
Market cap
$84.3B
P/E
31.8×
Fwd P/E
29.9×
Dividend yield
0.91%
F-score
6/9
Altman Z
3.67
Beneish M
−2.50
Dividend safety
89/100

The Sherwin-Williams Company 10-Q filed Oct 27, 2026

Fiscal Q3 2026 · Period ended Sep 30, 2026 · Filed · accepted 1:26 PM ET · Document on sec.gov · Filing index

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Jul 28, 2026: 7 added · 8 removed · 36 modified; 19 with only figures updated

  1. Modified · OUTLOOK

    In an uncertain demand environment given current customer sentiment, our growth investments and During 2026, we continued to focus on the execution onof our differentiated strategy, Success by Design, continued to yield positive results. As the softer-for-longer demand environment is expected to continue in the second half of 2026which supports our customers by providing value and productivity-oriented solutions for their businesses. In a softer-for-longer demand environment, coupled with inflationthis focus resulted in raw materials, energy, logistics and packaging, we continue to focus on securing incremental volume, balanced with appropriate strong sales growth driven by new customer wins and decisive pricing and cost-out actions in all our businesses while maintaining the productsshare-of-wallet gains. We are addressing macroeconomic inflationary pressures by reducing costs, services improving efficiency and supply solutions which drive productivity and profitability for taking measured and deliberate pricing actions with our customers in mind. Significant opportunities exist for each businessof our businesses, and we will continue to support our growth strategy by executing initiatives within our enterprise priorities, including talent, simplification, digitization, supply chain responsiveness and sustainability.