Sherwin-Williams (SHW)
Market Price (4/6/2026): $317.88 | Market Cap: $78.3 BilSector: Materials | Industry: Specialty Chemicals
Sherwin-Williams (SHW)
Market Price (4/6/2026): $317.88Market Cap: $78.3 BilSector: MaterialsIndustry: Specialty Chemicals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%, CFO LTM is 3.5 Bil, FCF LTM is 2.7 Bil Low stock price volatilityVol 12M is 25% Megatrend and thematic driversMegatrends include Advanced Materials, Sustainable & Green Buildings, and Sustainable Consumption. Themes include Specialty Chemicals for Performance, Show more. | Weak multi-year price returns2Y Excs Rtn is -32%, 3Y Excs Rtn is -12% | Key risksSHW key risks include [1] high sensitivity to housing market downturns, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%, CFO LTM is 3.5 Bil, FCF LTM is 2.7 Bil |
| Low stock price volatilityVol 12M is 25% |
| Megatrend and thematic driversMegatrends include Advanced Materials, Sustainable & Green Buildings, and Sustainable Consumption. Themes include Specialty Chemicals for Performance, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -32%, 3Y Excs Rtn is -12% |
| Key risksSHW key risks include [1] high sensitivity to housing market downturns, Show more. |
Qualitative Assessment
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Sherwin-Williams (SHW) stock has remained largely at the same level since 12/31/2025 because of the following key factors:
1. Mixed Q4 2025 Financial Performance and Conservative 2026 Outlook.
Sherwin-Williams reported Q4 2025 adjusted earnings per share (EPS) of $2.23 and revenue of $5.6 billion, both surpassing analyst estimates of $2.16 and $5.57 billion, respectively. Adjusted EBITDA also grew by 13.4%. However, the full-year 2025 diluted net income per share decreased by 2.7% to $10.26. Furthermore, the company's 2026 adjusted EPS guidance of $11.50 to $11.90 implied a modest growth of approximately 2.3% at the midpoint compared to 2025's $11.43, and consolidated sales growth was projected at a low to mid-single-digit percentage. This guidance was considered cautious by the market, with some analysts noting it missed previous estimates.
2. Persistent Weakness in the Housing Market and Soft Consumer Demand.
Macroeconomic headwinds, particularly higher interest rates and affordability concerns, continued to negatively impact the housing market, leading to soft existing home sales. This environment translated into modest growth in the residential repaint sector and soft North American DIY consumer demand, affecting the architectural coatings segment. Consumers were observed to be pausing on larger renovation projects, opting for budget-friendly refreshes rather than significant remodeling.
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1. Mixed Q4 2025 Financial Performance and Conservative 2026 Outlook.
Sherwin-Williams reported Q4 2025 adjusted earnings per share (EPS) of $2.23 and revenue of $5.6 billion, both surpassing analyst estimates of $2.16 and $5.57 billion, respectively. Adjusted EBITDA also grew by 13.4%. However, the full-year 2025 diluted net income per share decreased by 2.7% to $10.26. Furthermore, the company's 2026 adjusted EPS guidance of $11.50 to $11.90 implied a modest growth of approximately 2.3% at the midpoint compared to 2025's $11.43, and consolidated sales growth was projected at a low to mid-single-digit percentage. This guidance was considered cautious by the market, with some analysts noting it missed previous estimates.
2. Persistent Weakness in the Housing Market and Soft Consumer Demand.
Macroeconomic headwinds, particularly higher interest rates and affordability concerns, continued to negatively impact the housing market, leading to soft existing home sales. This environment translated into modest growth in the residential repaint sector and soft North American DIY consumer demand, affecting the architectural coatings segment. Consumers were observed to be pausing on larger renovation projects, opting for budget-friendly refreshes rather than significant remodeling.
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Stock Movement Drivers
Fundamental Drivers
The -1.6% change in SHW stock from 12/31/2025 to 4/5/2026 was primarily driven by a -1.4% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 4052026 | Change |
|---|---|---|---|
| Stock Price ($) | 323.32 | 318.00 | -1.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 23,276 | 23,574 | 1.3% |
| Net Income Margin (%) | 11.0% | 10.9% | -1.4% |
| P/E Multiple | 31.0 | 30.5 | -1.4% |
| Shares Outstanding (Mil) | 246 | 246 | -0.1% |
| Cumulative Contribution | -1.6% |
Market Drivers
12/31/2025 to 4/5/2026| Return | Correlation | |
|---|---|---|
| SHW | -1.6% | |
| Market (SPY) | -5.4% | 43.8% |
| Sector (XLB) | 11.2% | 68.8% |
Fundamental Drivers
The -7.7% change in SHW stock from 9/30/2025 to 4/5/2026 was primarily driven by a -9.3% change in the company's P/E Multiple.| (LTM values as of) | 9302025 | 4052026 | Change |
|---|---|---|---|
| Stock Price ($) | 344.69 | 318.00 | -7.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 23,080 | 23,574 | 2.1% |
| Net Income Margin (%) | 11.0% | 10.9% | -1.2% |
| P/E Multiple | 33.6 | 30.5 | -9.3% |
| Shares Outstanding (Mil) | 248 | 246 | 0.8% |
| Cumulative Contribution | -7.7% |
Market Drivers
9/30/2025 to 4/5/2026| Return | Correlation | |
|---|---|---|
| SHW | -7.7% | |
| Market (SPY) | -2.9% | 34.6% |
| Sector (XLB) | 13.1% | 61.6% |
Fundamental Drivers
The -8.1% change in SHW stock from 3/31/2025 to 4/5/2026 was primarily driven by a -6.1% change in the company's Net Income Margin (%).| (LTM values as of) | 3312025 | 4052026 | Change |
|---|---|---|---|
| Stock Price ($) | 346.10 | 318.00 | -8.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 23,098 | 23,574 | 2.1% |
| Net Income Margin (%) | 11.6% | 10.9% | -6.1% |
| P/E Multiple | 32.2 | 30.5 | -5.4% |
| Shares Outstanding (Mil) | 250 | 246 | 1.4% |
| Cumulative Contribution | -8.1% |
Market Drivers
3/31/2025 to 4/5/2026| Return | Correlation | |
|---|---|---|
| SHW | -8.1% | |
| Market (SPY) | 16.3% | 51.9% |
| Sector (XLB) | 19.0% | 69.6% |
Fundamental Drivers
The 45.3% change in SHW stock from 3/31/2023 to 4/5/2026 was primarily driven by a 19.5% change in the company's Net Income Margin (%).| (LTM values as of) | 3312023 | 4052026 | Change |
|---|---|---|---|
| Stock Price ($) | 218.87 | 318.00 | 45.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 22,149 | 23,574 | 6.4% |
| Net Income Margin (%) | 9.1% | 10.9% | 19.5% |
| P/E Multiple | 27.9 | 30.5 | 9.4% |
| Shares Outstanding (Mil) | 257 | 246 | 4.5% |
| Cumulative Contribution | 45.3% |
Market Drivers
3/31/2023 to 4/5/2026| Return | Correlation | |
|---|---|---|
| SHW | 45.3% | |
| Market (SPY) | 63.3% | 52.3% |
| Sector (XLB) | 32.0% | 67.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SHW Return | 45% | -32% | 33% | 10% | -4% | 1% | 39% |
| Peers Return | 14% | -19% | 13% | 4% | -13% | 18% | 12% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -4% | 75% |
Monthly Win Rates [3] | |||||||
| SHW Win Rate | 67% | 33% | 50% | 58% | 42% | 75% | |
| Peers Win Rate | 52% | 42% | 43% | 53% | 38% | 65% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| SHW Max Drawdown | -10% | -42% | -12% | -6% | -8% | -6% | |
| Peers Max Drawdown | -7% | -32% | -12% | -15% | -26% | -5% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: MMM, DOW, PPG, RPM, EMN. See SHW Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/2/2026 (YTD)
How Low Can It Go
| Event | SHW | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -42.9% | -25.4% |
| % Gain to Breakeven | 75.0% | 34.1% |
| Time to Breakeven | 648 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -33.5% | -33.9% |
| % Gain to Breakeven | 50.4% | 51.3% |
| Time to Breakeven | 71 days | 148 days |
| 2018 Correction | ||
| % Loss | -23.6% | -19.8% |
| % Gain to Breakeven | 30.9% | 24.7% |
| Time to Breakeven | 171 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -41.1% | -56.8% |
| % Gain to Breakeven | 69.8% | 131.3% |
| Time to Breakeven | 405 days | 1,480 days |
Compare to MMM, DOW, PPG, RPM, EMN
In The Past
Sherwin-Williams's stock fell -42.9% during the 2022 Inflation Shock from a high on 12/31/2021. A -42.9% loss requires a 75.0% gain to breakeven.
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About Sherwin-Williams (SHW)
The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers and distributors. The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil coatings, packaging coatings, and performance-based resins and colorants. It serves retailers, dealers, jobbers, licensees, and other third-party distributors through its branches and direct sales staff, as well as through outside sales representatives. The company has operations primarily in the North and South America, the Caribbean, Europe, Asia, and Australia. As of February 17, 2022, it operated approximately 5,000 company-operated stores and facilities. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.
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Here are 1-3 brief analogies to describe Sherwin-Williams:
- The Home Depot for paints and coatings.
- The Coca-Cola of paint, with its own dedicated stores.
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- Architectural Paints and Coatings: Products for interior and exterior surfaces of residential, commercial, and industrial buildings.
- Industrial Coatings: Specialized finishes for wood, general industrial applications, automotive refinishing, protective, marine, coil, and packaging purposes.
- Stains and Varnishes: Products designed for coloring, protecting, and enhancing wood surfaces.
- Adhesives and Sealants: Includes caulks and various bonding agents for construction and industrial uses.
- Applicators and Related Products: Tools like brushes, rollers, and supplementary items such as corrosion inhibitors for paint and coating application.
- Performance-based Resins and Colorants: Essential chemical components and pigments used in the formulation of paints and coatings.
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The Sherwin-Williams Company (symbol: SHW) primarily sells its products to other companies. Its major customers fall into the following categories:- Professional Contractors: This includes architectural and industrial paint contractors who use Sherwin-Williams products for their projects.
- Original Equipment Manufacturers (OEMs) and Industrial Clients: This broad category encompasses companies involved in various industrial applications such as wood finishing, general industrial manufacturing, automotive refinishing, protective and marine coatings, coil coatings, and packaging. These businesses integrate Sherwin-Williams' specialized coatings into their own products or operations.
- Retailers and Distributors: Sherwin-Williams supplies a portfolio of branded and private-label products to other businesses for resale. This includes general retailers, dealers, jobbers, licensees, and other third-party distributors who then sell to end consumers or other businesses.
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- The Chemours Company (CC)
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Heidi G. Petz, Chair, President and Chief Executive Officer
Heidi G. Petz became Chief Executive Officer of Sherwin-Williams on January 1, 2024, and assumed the role of Chair of the Board on January 1, 2025. She joined Sherwin-Williams in June 2017 as part of the Valspar acquisition. Prior to joining Valspar in 2013, she held leadership positions at Target Corporation, Newell Rubbermaid, and PricewaterhouseCoopers. Before her current role, she served as President and Chief Operating Officer, and also held positions as President of The Americas Group and President of the Consumer Brands Group.
Benjamin E. Meisenzahl, Senior Vice President – Finance and Chief Financial Officer
Benjamin E. Meisenzahl assumed the role of Chief Financial Officer effective January 1, 2026. He has 22 years of experience with Sherwin-Williams, having previously served as Senior Vice President – Finance for two and a half years. His experience includes various global finance and operational roles within the Company's Paint Stores Group, Performance Coatings Group, and Global Supply Chain, starting his career as an internal auditor.
Justin T. Binns, President, Global Architectural
Justin T. Binns is the President, Global Architectural. He joined Sherwin-Williams in 1997. His previous roles include President of the Paint Stores Group from March 2022 to January 2024, and President of the Performance Coatings Group from November 2020 to March 2022. He has also held leadership positions in the Automotive Finishes Division, the Performance Coatings Group, and The Americas Group.
Karl J. Jorgenrud, President, Global Industrial
Karl J. Jorgenrud serves as the President, Global Industrial. He joined Sherwin-Williams in June 2017 as part of the Valspar acquisition, where he had begun his career in June 1994. He has 27 years of experience in the global industrial paint and coatings industry. Prior to his current role, he served as President & General Manager of the General Industrial Division, Performance Coatings Group since 2020, and President & General Manager of the Protective & Marine Division, Performance Coatings Group from 2017 to 2019. He held several leadership positions at Valspar before its acquisition by Sherwin-Williams.
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The Sherwin-Williams Company (SHW) faces several key risks to its business, primarily stemming from its sensitivity to macroeconomic conditions and the housing market, coupled with ongoing concerns regarding raw material costs and supply chain dynamics, and competitive pricing pressures.
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Sensitivity to the Housing Market and Macroeconomic Conditions: Sherwin-Williams' performance is highly dependent on the health of the housing market, encompassing residential repaint, new residential construction, existing home sales, and renovation activities. A prolonged downturn or sluggish recovery in these areas directly impacts the demand for the company's architectural paints and coatings. Furthermore, broader macroeconomic factors, including consumer confidence and spending on home improvement projects, significantly influence sales volumes across its segments.
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Raw Material Costs and Supply Chain Issues: The company is vulnerable to fluctuations in the cost of raw materials, such as pigments, resins, and packaging, which can lead to increased expenses. While improvements in raw material availability have been noted, potential tariffs and overall higher input costs can pressure profit margins. Additionally, supply chain inefficiencies and disruptions can impact production volumes and the timely delivery of products, further affecting profitability and operational efficiency.
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Competitive and Pricing Pressures: The paint and coatings industry is characterized by intense competition. In periods of softer demand, competitors may resort to aggressive pricing strategies to maintain or gain market share. Although Sherwin-Williams has demonstrated strong pricing power and the ability to implement price increases, sustained competitive pressures could necessitate strategic adjustments that might impact the company's margins or market share.
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Sherwin-Williams (SHW) operates in several addressable markets related to paints, coatings, and related products. The estimated global and regional market sizes for its main product and service categories are as follows:
Architectural Paints and Coatings
- The global architectural coatings market was valued at approximately USD 89.8 billion in 2025 and is projected to reach USD 119.9 billion by 2033, growing at a CAGR of 3.8% from 2026 to 2033. Other estimates place the global market at USD 93.82 billion in 2025, projected to reach USD 146.30 billion by 2034 with a CAGR of 5.06%.
- In North America, the architectural coatings market is expected to grow from USD 24.5 billion in 2025 to USD 29.77 billion by 2031, at a CAGR of 3.30%. The U.S. market alone for architectural coatings was valued at USD 21.88 billion in 2023 and is expected to continue to be a dominant market till 2031.
Protective and Marine Products
- The global protective coatings market was valued at USD 17.19 billion in 2025 and is projected to grow to USD 32.41 billion by 2034, registering a CAGR of 7.30% from 2026 to 2034.
- The global marine coatings market is expected to reach USD 7.75 billion by 2030, at a CAGR of 5% from 2022 to 2030.
- North America is a significant market for protective marine coatings, holding approximately 40% of the global market share. Europe accounts for around 30% of the global share, while Asia-Pacific holds approximately 25% of the global share.
Industrial Coatings (including OEM Product Finishes, Wood Finishing, General Industrial Applications)
- The global industrial coatings market was valued at approximately USD 96.72 billion in 2025 and is projected to reach USD 132.45 billion by 2033, growing at a CAGR of 4.1% from 2026 to 2033. Other sources estimate the global industrial coatings market size at USD 164.43 billion in 2025, predicted to reach USD 228.68 billion by 2035, expanding at a CAGR of 3.35% from 2026 to 2035.
- Asia Pacific dominated the global industrial coatings market with a 42.0% revenue share in 2025. North America is the second-leading region in the global industrial coatings industry.
- The global OEM coatings market was valued at USD 52.40 billion in 2024 and is estimated to reach USD 97.15 billion by 2033, growing at a CAGR of 7.1% from 2025 to 2033. Asia Pacific is the largest market for OEM coatings.
Automotive Refinish Products
- The global automotive refinish coatings market size was valued at USD 13.8 billion in 2025 and is projected to reach USD 21.1 billion by 2032, growing at a CAGR of 6.2% between 2025 and 2032. Another estimate places the market size at USD 13.25 billion in 2025, expected to reach USD 20.74 billion by 2032, with a CAGR of 6.6%.
- The North American automotive refinish coatings market is predicted to reach USD 5 billion by 2032. The U.S. automotive refinish coatings market is valued at USD 3.3 billion in 2025, and is projected to reach USD 4.6 billion by 2032.
- Asia Pacific was the largest revenue-generating market in 2024 for automotive refinish coatings.
Coil Coatings
- The global coil coatings market size was estimated at USD 3,681.8 million in 2025 and is projected to reach USD 4,959.3 million by 2033, growing at a CAGR of 3.9% from 2026 to 2033. Other reports state the market was valued at USD 5.8 billion in 2025 and is slated to reach USD 9.2 billion by 2035, expanding at a CAGR of 4.7%.
- Asia Pacific dominated the market with the largest revenue share of 70.2% in 2025. The U.S. market for coil coatings was estimated at USD 1.39 billion in 2025, representing approximately 21.5% of global revenues.
Packaging Coatings
- The global packaging coatings market size was valued at USD 5.51 billion in 2025 and is expected to reach around USD 8.66 billion by 2034, expanding at a CAGR of 5.11% from 2025 to 2034. Another source estimates the global market at USD 5.08 billion in 2025, growing to USD 7.44 billion by 2033, at a CAGR of 4.9%.
- North America's packaging coatings market size surpassed USD 2 billion in 2024. Asia-Pacific dominated the packaging coatings market with the largest revenue share of 42.5% in 2024.
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Sherwin-Williams (SHW) is expected to drive future revenue growth over the next two to three years through several key strategies:
- Strategic Pricing Actions: The company has demonstrated a consistent ability to implement strategic price increases, contributing to both sales growth and margin expansion. For instance, a 5% price increase was implemented in 2025 in some segments, followed by a 7% increase earlier in 2026. This approach helps offset cost pressures and directly contributes to revenue.
- Expansion of Retail Footprint: Sherwin-Williams plans to continue expanding its physical presence, with an aim to open 80 to 100 new stores in the United States and Canada in 2025. This strategy reinforces its market penetration and provides direct access to customers, building on the 76 new stores opened in 2023.
- Strategic Acquisitions and International Expansion: Acquisitions are a consistent component of Sherwin-Williams' growth strategy, enabling both organic and inorganic growth. The recent Suvinil acquisition, for example, significantly contributed to revenue growth, especially within the Consumer Brands Group and in the Latin America region, and is expected to lead to continued revenue growth in that area. The company is also accelerating international growth, particularly in Latin America, through strategic acquisitions.
- Volume Growth in Key End Markets and New Account Wins: Despite some overall demand choppiness, certain segments are showing strong performance and are expected to drive volume growth. These include residential repaint, commercial, and protective & marine applications. Additionally, strong new account wins, particularly in the Performance Coatings Group, are anticipated to contribute to sales growth.
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Share Repurchases
- Sherwin-Williams repurchased common stock valued at approximately $2.75 billion in 2021, $883.2 million in 2022, $1.43 billion in 2023, $1.68 billion in 2024, and $1.68 billion in 2025.
- As of December 31, 2025, the company had authorization remaining to purchase 29.6 million shares of its common stock.
- In February 2021, the Board of Directors authorized the purchase of an additional 15 million shares, adjusted for a 3-for-1 stock split, which brought the total authorized shares for repurchase to three times the original amount.
Share Issuance
- Sherwin-Williams has actively reduced its outstanding shares through repurchases over the past few years.
- Shares outstanding declined by 1.34% in 2023 to 0.258 billion, by 1.63% in 2024 to 0.254 billion, and by 1.46% in 2025 to 0.25 billion.
Outbound Investments
- In October 2025, Sherwin-Williams completed the acquisition of BASF's Brazilian architectural paints business, "Suvinil," for $1.15 billion in an all-cash transaction. This acquisition strategically expands the company's presence in the Latin American market.
- The company has completed a total of 18 acquisitions, with a notable peak of 8 acquisitions in 2022 and 2 in 2025, including Shingels in March 2025.
- Acquisitions in 2021 included Tennant Coatings.
Capital Expenditures
- Capital expenditures were $372 million in 2021, $644.5 million in 2022, $888.4 million in 2023, and peaked in 2024 at $1.07 billion.
- For 2025, capital expenditures are expected to be approximately $730 million, with a focus on building projects, including a new global headquarters and R&D center.
- The primary focus of capital expenditures includes expanding manufacturing capabilities with at least $300 million invested in North Carolina, consolidating operations with a new global headquarters and R&D center (an investment of at least $600 million), and opening 80 to 100 new stores in the U.S. and Canada in 2025 and 2026.
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|---|---|---|---|---|---|---|---|
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| 02282022 | SHW | Sherwin-Williams | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | -10.6% | -15.0% | -23.2% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 100.60 |
| Mkt Cap | 26.5 |
| Rev LTM | 19,725 |
| Op Inc LTM | 1,564 |
| FCF LTM | 873 |
| FCF 3Y Avg | 987 |
| CFO LTM | 1,486 |
| CFO 3Y Avg | 2,486 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 0.9% |
| Rev Chg 3Y Avg | -2.7% |
| Rev Chg Q | 2.8% |
| QoQ Delta Rev Chg LTM | 0.7% |
| Op Mgn LTM | 12.8% |
| Op Mgn 3Y Avg | 12.2% |
| QoQ Delta Op Mgn LTM | -0.5% |
| CFO/Rev LTM | 11.0% |
| CFO/Rev 3Y Avg | 13.1% |
| FCF/Rev LTM | 6.5% |
| FCF/Rev 3Y Avg | 8.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 26.5 |
| P/S | 1.6 |
| P/EBIT | 12.3 |
| P/E | 18.4 |
| P/CFO | 18.9 |
| Total Yield | 5.3% |
| Dividend Yield | 1.6% |
| FCF Yield 3Y Avg | 4.2% |
| D/E | 0.3 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -3.4% |
| 3M Rtn | -1.6% |
| 6M Rtn | -3.8% |
| 12M Rtn | 5.6% |
| 3Y Rtn | 15.9% |
| 1M Excs Rtn | -5.1% |
| 3M Excs Rtn | 3.7% |
| 6M Excs Rtn | -1.0% |
| 12M Excs Rtn | -22.5% |
| 3Y Excs Rtn | -53.1% |
Comparison Analyses
Price Behavior
Price Behavior
| Market Price | $318.00 | |
| Market Cap ($ Bil) | 78.4 | |
| First Trading Date | 07/01/1985 | |
| Distance from 52W High | -14.9% | |
| 50 Days | 200 Days | |
| DMA Price | $342.21 | $342.13 |
| DMA Trend | indeterminate | indeterminate |
| Distance from DMA | -7.1% | -7.1% |
| 3M | 1YR | |
| Volatility | 26.4% | 24.8% |
| Downside Capture | 0.40 | 0.53 |
| Upside Capture | 74.66 | 60.33 |
| Correlation (SPY) | 43.0% | 49.9% |
SHW Betas & Captures as of 3/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.30 | 0.62 | 0.89 | 0.64 | 0.69 | 0.78 |
| Up Beta | 3.35 | 1.15 | 1.21 | 0.77 | 0.75 | 0.76 |
| Down Beta | 0.42 | 0.64 | 1.12 | 0.68 | 0.57 | 0.61 |
| Up Capture | 120% | 26% | 80% | 48% | 52% | 70% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 7 | 20 | 32 | 62 | 120 | 374 |
| Down Capture | 161% | 75% | 67% | 70% | 88% | 97% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 15 | 22 | 31 | 64 | 132 | 375 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SHW | |
|---|---|---|---|---|
| SHW | -8.5% | 25.2% | -0.39 | - |
| Sector ETF (XLB) | 18.7% | 20.9% | 0.72 | 69.6% |
| Equity (SPY) | 16.1% | 19.0% | 0.67 | 51.9% |
| Gold (GLD) | 50.5% | 28.0% | 1.46 | 7.2% |
| Commodities (DBC) | 16.2% | 17.7% | 0.77 | -4.1% |
| Real Estate (VNQ) | 3.6% | 16.5% | 0.04 | 59.9% |
| Bitcoin (BTCUSD) | -21.5% | 44.0% | -0.42 | 17.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SHW | |
|---|---|---|---|---|
| SHW | 5.6% | 25.7% | 0.21 | - |
| Sector ETF (XLB) | 6.8% | 18.9% | 0.26 | 62.8% |
| Equity (SPY) | 11.6% | 17.0% | 0.53 | 54.3% |
| Gold (GLD) | 21.7% | 17.8% | 1.00 | 8.4% |
| Commodities (DBC) | 11.6% | 18.8% | 0.51 | -3.9% |
| Real Estate (VNQ) | 3.3% | 18.8% | 0.08 | 57.9% |
| Bitcoin (BTCUSD) | 3.9% | 56.5% | 0.29 | 15.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SHW | |
|---|---|---|---|---|
| SHW | 14.0% | 26.3% | 0.53 | - |
| Sector ETF (XLB) | 10.7% | 20.6% | 0.46 | 66.0% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 60.9% |
| Gold (GLD) | 14.0% | 15.9% | 0.73 | 6.3% |
| Commodities (DBC) | 8.4% | 17.6% | 0.40 | 8.6% |
| Real Estate (VNQ) | 5.2% | 20.7% | 0.22 | 56.5% |
| Bitcoin (BTCUSD) | 66.2% | 66.8% | 1.06 | 10.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/29/2026 | 1.4% | 5.5% | 3.9% |
| 10/28/2025 | 5.5% | 2.8% | 2.2% |
| 7/22/2025 | -0.4% | -1.5% | 8.0% |
| 4/29/2025 | 4.8% | 8.3% | 7.0% |
| 1/30/2025 | 1.4% | 1.1% | 0.5% |
| 10/22/2024 | -5.3% | -4.8% | -2.0% |
| 7/23/2024 | 6.9% | 9.4% | 10.5% |
| 4/23/2024 | -2.2% | -1.0% | 0.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 15 | 18 |
| # Negative | 10 | 9 | 6 |
| Median Positive | 2.5% | 3.2% | 6.7% |
| Median Negative | -1.9% | -2.0% | -5.3% |
| Max Positive | 9.4% | 9.4% | 16.3% |
| Max Negative | -8.9% | -7.7% | -14.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/19/2026 | 10-K |
| 09/30/2025 | 10/28/2025 | 10-Q |
| 06/30/2025 | 07/24/2025 | 10-Q |
| 03/31/2025 | 04/29/2025 | 10-Q |
| 12/31/2024 | 02/20/2025 | 10-K |
| 09/30/2024 | 10/22/2024 | 10-Q |
| 06/30/2024 | 07/23/2024 | 10-Q |
| 03/31/2024 | 04/30/2024 | 10-Q |
| 12/31/2023 | 02/20/2024 | 10-K |
| 09/30/2023 | 10/24/2023 | 10-Q |
| 06/30/2023 | 07/25/2023 | 10-Q |
| 03/31/2023 | 04/25/2023 | 10-Q |
| 12/31/2022 | 02/22/2023 | 10-K |
| 09/30/2022 | 10/25/2022 | 10-Q |
| 06/30/2022 | 07/27/2022 | 10-Q |
| 03/31/2022 | 04/26/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q4 2025 Earnings Reported 1/29/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue Growth | 5.0% | ||||||
| 2026 Revenue Growth | 2.0% | 3.5% | 40.0% | 1.0% | Higher New | Actual: 2.5% for 2025 | |
| 2026 EPS | 10.7 | 10.9 | 11.1 | 6.2% | Higher New | Actual: 10.3 for 2025 | |
| 2026 Adjusted EPS | 11.5 | 11.7 | 11.9 | 3.1% | Higher New | Actual: 11.3 for 2025 | |
Prior: Q3 2025 Earnings Reported 10/28/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Revenue Growth | 2.0% | 3.5% | Higher New | ||||
| 2025 Revenue Growth | 1.0% | 2.5% | Higher New | ||||
| 2025 Effective Tax Rate | 20.0% | 22.5% | Higher New | ||||
| 2025 EPS | 11.2 | 11.3 | 11.4 | 0 | Affirmed | Guidance: 11.3 for 2025 | |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Binns, Justin T | President, Glob. Architectural | Direct | Sell | 8272025 | 368.82 | 609 | 224,611 | 6,609,992 | Form |
| 2 | Lang, James P | SVP - Enterprise Finance & CAO | Direct | Sell | 8082025 | 350.35 | 860 | 301,301 | 132,082 | Form |
| 3 | Rea, Todd D | President, Consumer Brands Grp | Direct | Sell | 6102025 | 359.16 | 4,223 | 1,516,733 | 3,350,604 | Form |
| 4 | Davie, Colin M | Pres. & GM, Glob. Supply Chain | Direct | Sell | 3032025 | 360.30 | 2,799 | 1,008,491 | 1,933,031 | Form |
| 5 | Davie, Colin M | Pres. & GM, Glob. Supply Chain | Direct | Sell | 2042026 | 359.50 | 2,976 | 1,069,872 | 1,928,718 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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