Sherwin-Williams demonstrates resilient pricing power, with gross margins expanding to 49.2% in Q2 2026 and operating leverage driving 14.3% EPS growth. However, the company's aggressive share repurchases ($1.3B in Q2 2026) and rising debt (D/E of 3.69) mask underlying demand stagnation in housing.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth stabilized at 7.5% in Q2 2026, driven by pricing rather than volume, while gross margin expanded to 49.2% and operating margin reached 18.1%, reflecting strong cost control.
Sherwin-Williams secured a US$127.5 million global contract to supply paints and coatings from 2026 over five years, demonstrating its ability to secure substantial, long-term revenue streams.
The company reported strong Q1 2026 results with US$5,666.9 million in sales and US$534.7 million net income, alongside higher earnings per share, indicating robust profitability in a challenging environment.
As a global leader in paints and coatings since 1866, Sherwin-Williams has a strong market position serving professional, industrial, commercial, and retail customers worldwide.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 27, 2026 | $3.63-1.6% vs $3.69 | $6.9B+1.2% vs $6.8B |
Q3 2026 Jul 28, 2026 | $3.70+5.1% vs $3.52 | $6.8B+2.8% vs $6.6B |
Q2 2026 Apr 28, 2026 | $2.35+3.5% vs $2.27 | $5.7B+1.9% vs $5.6B |
Q1 2026 Jan 29, 2026 | $2.23+3.2% vs $2.16 | $5.6B+0.5% vs $5.6B |
AIA Group Ltd lowered its position in shares of The Sherwin-Williams Company (NYSE: SHW) by 33.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,590 shares of the specialty chemicals company's stock after selling 5,873 shares during the quarter.
Dow Dogs remain pricey with thin dividends, but 21 of 30 are ‘safer' due to robust free cash flow supporting payouts. Analyst targets project 16.96% to 60.26% net gains for top-ten Dow Dogs by November 2027, though risks and volatility are elevated. None of the top ten Dow Dogs currently meet the ideal dividend-to-price ratio; only Nike achieves 'IDEAL' status but with negative returns and a weak safety margin.
CFC Planning Co LLC purchased a new stake in shares of The Sherwin-Williams Company (NYSE: SHW) during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 13,785 shares of the specialty chemicals company's stock, valued at approximately $4,457,000. Sherwin-Williams makes up
Sherwin-Williams Co. NYSE: SHW stock fell about 2.8% on Oct. 27 to close near $326. The move followed the paint maker's third-quarter 2026 earnings report.
Benchmark SHW against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for The Sherwin-Williams Company (SHW)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $344.10 | $83.53B | 31.22 | 2.06% | 10.74% | 63.49% | 0.92% | |
| $122.38 | $27.21B | 17.40 | 0.19% | 9.41% | 18.71% | 2.26% | |
| $103.31 | $13.2B | 19.05 | 6.66% | 8.66% | 21.12% | 2.06% | |
| $36.45 | $7.8B | 23.47 | -3.01% | 6.46% | 13.23% | — | |
| $9.45 | $1.66B | -9.91 | -5.85% | -2.68% | -5.64% | 8.95% | |
| $64.41 | $7.37B | 11.48 | -6.71% | 7.15% | 10.51% | 5.12% |
The Sherwin-Williams Company (SHW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
The Sherwin-Williams Company (SHW) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 27, 2026·SEC
Sep 29, 2026·SEC
Jul 28, 2026·SEC
Get notified when SHW posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
The Sherwin-Williams Company (SHW) stock FAQ — growth, dividends, profitability & financials explained
The Sherwin-Williams Company (SHW) reported $24.91B in revenue over the trailing twelve months. Revenue was $23.57B in fiscal year 2025. That is 470% more than the $4.13B of fiscal year 1996.
The Sherwin-Williams Company (SHW) grew revenue by 7.0% over the trailing twelve months, compared with the twelve months before.
Yes. The Sherwin-Williams Company (SHW) earned $2.68B in net income over the trailing twelve months (a 10.7% net margin).
Yes. The Sherwin-Williams Company (SHW) pays a dividend that yields 0.92% at the current price, a small yield.
The Sherwin-Williams Company (SHW) had a return on equity (ROE) of 63.5% over the trailing twelve months. That is well above the market's typical 10-15%.
The Sherwin-Williams Company (SHW) generated $3.08B in free cash flow over the trailing twelve months.
