Share

Profile & Fundamentals

The Sherwin-Williams Profile & Fundamentals

Name: The Sherwin-Williams financial chart data preview
Creator: iPulse AI
License: https://ipulseai.com/terms

Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.

Interactive annual & quarterly chartsAI financial reviewsReported source tables

Explore this pageJump to a Profile & Fundamentals section

Explore this research

Profile & Fundamentals contents

Jump directly to any section

Company and Market Context

Company Profile & Ownership

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paint, coatings, and related products to professional, industrial, commercial and retail customers. The company operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group. The Paint Stores Group segment offers architectural paint and coatings; protective and marine products; and OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners under the Sherwin-Williams brand. 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, including home centers and hardware stores, and dedicated dealers 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. This segment serves retailers, dealers, jobbers, licensees, and other third-party distributors. The company operates in North America, South America, the Caribbean, Europe, Asia, and Australia. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.

Company profile record

Sherwin-Williams Co

Common Stock · Materials · Specialty Chemicals

Official website

Company

Company / asset: Sherwin-Williams Co
Security type: Common Stock
Sector: Materials
Industry: Specialty Chemicals
HQ: 🇺🇸 United States
Head office: 1 Sherwin Way, Cleveland, OH, United States, 44113-2206

Leadership & scale

Chief executive: Ms. Heidi G. Petz
CEO year born: 1975
Full-time employees: 64.2K
Fiscal year end: December
IPO date: 1985-07-01

Fundamentals snapshot

Updated 2026-09-13

Market Cap: USD 79.3B
P/E: 29.5x
Revenue (Q2 26): USD 6.8B
Profit (Q2 26): USD 843.6M
Dividend Yield: 0.7%
Revenue (FY 25): USD 23.6B
Shares in public float: 224.7M
Insider ownership: 6.36%

Reporting & identifiers

Symbol: SHW.NYSE
Listing: 🇺🇸 United States | Dividend Tax: 30%
Ticker Currency: USD
Income Statement Currency: USD
Balance Sheet Currency: USD
Cash Flow Currency: USD
EPS Currency: USD
Contract Type: SPOT
ISIN: US8243481061
Asset ID: equity_fb74255e-7cd4-55af-9674-c7db208f3b91

Ownership

Shares Outstanding

Shares outstanding

Annual reported shares outstanding. Values in shares.

Top holders

BlackRock Inc17,475,434 shares · 7.20% · Reported 2026-03-31
State Street Corp15,597,315 shares · 6.42% · Reported 2026-03-31
Vanguard Capital Management, LLC15,144,546 shares · 6.24% · Reported 2026-03-31
Vanguard MStar Total Stk Mkt Idx Invest7,460,528 shares · 3.07% · Reported 2026-07-31
FMR Inc6,986,106 shares · 2.88% · Reported 2026-03-31
Morgan Stanley - Brokerage Accounts6,192,219 shares · 2.55% · Reported 2026-03-31
Vanguard 500 Index Investor6,021,184 shares · 2.48% · Reported 2026-07-31

View more holders (8)

Vanguard Portfolio Management, LLC5,896,629 shares · 2.43% · Reported 2026-03-31
Geode Capital Management, LLC5,331,803 shares · 2.20% · Reported 2026-03-31
State Street®SPDR®DowJonesIndstrAvgETFTr5,075,224 shares · 2.09% · Reported 2026-08-31
NORGES BANK4,019,051 shares · 1.66% · Reported 2026-06-30
T. Rowe Price Associates, Inc.3,987,023 shares · 1.64% · Reported 2026-03-31
AllianceBernstein L.P.3,574,736 shares · 1.47% · Reported 2026-03-31
Viking Global Investors LP3,112,767 shares · 1.28% · Reported 2026-03-31
iShares Core S&P 500 ETF3,054,230 shares · 1.26% · Reported 2026-08-31

Earnings, Profitability & Valuation

Earnings & Revenue

AI Review

The reports agree that the company is a highly efficient cash-generating machine, with annual free cash flow consistently reaching nearly three billion dollars. However, there is a clear split on the near-term outlook. While recent earnings reports showed solid revenue and profit growth, this was largely driven by price increases and the integration of recent acquisitions rather than actual paint volume growth. Some experts believe the company's incredible pricing power will allow it to easily pass on rising costs and keep growing earnings. Others warn that flat volume growth and rising chemical costs will soon catch up to the company, leading to a temporary drop in profits. Overall, the company's ability to buy back its own shares provides a strong safety net for earnings per share, but paying a very high price for a slow-growing business remains a key point of concern.

Revenue, Net Income, and Free Cash Flow

Revenue
Free cash flow
Net income

Annual reported financial results, converted using the statement's recorded USD conversion. Missing values are omitted. Values in USD.

Valuation

Historical P/E Ratio

Published P/E

Published valuation snapshots. Trailing four-quarter earnings where available; annual earnings otherwise. Non-positive earnings are omitted. Values in times earnings.

Profitability & Margins

AI Review

The company boasts exceptional profitability, with gross margins near forty-nine percent and operating margins around sixteen percent. However, the reports sharply diverge on whether these peak margins are sustainable. Optimistic views suggest that the company's absolute pricing power over professional painters will allow it to maintain and even expand these margins, especially as raw material costs eventually normalize. In contrast, cautious reports warn of an impending margin squeeze. They point out that the recent global energy shock will inevitably raise the cost of chemical inputs, and there is a typical six-to-nine month delay before the company can raise prices to offset these costs. If the consumer becomes too exhausted to accept further price hikes, margins will contract. Investors should closely watch in the upcoming quarters, as any decline could trigger a sharp drop in the stock price.

Profitability Margins

Gross margin
Operating margin
Net margin
Free cash flow margin

Annual gross, operating, net income and free cash flow divided by revenue for matching reporting dates. Values in percent.

Complete Research Workspace

Unlock the complete Profile & Fundamentals

Sign in to verify your access, or upgrade to the Base plan to open the complete profile & fundamentals and available source data.

Sign in to check access View Base plan

Paywalled preview begins: Reported Data Tables — chart preview

From this section to the end-of-preview notice below, research is provided as simplified HTML text and tables. Full access provides the complete interactive interface, charts and additional datasets.

Reported Data Tables — chart preview

The following tables contain the same values as the financial charts above. Monetary values are USD; margins are percentages. Missing inputs are not estimated. Use is subject to the iPulse AI Terms of Service and applicable source rights.

Source: eodhd. Statement snapshots with chart transformations and ratios calculated by iPulse AI. Snapshot retrieved 2026-09-15.

Annual earnings and profitability
Period end	Revenue	Free cash flow	Net income	Gross margin	Operating margin	Net margin	Free cash flow margin
2016-12-31	11,855,602,000	1,069,546,000	1,132,703,000	49.94	14.45	9.55	9.02
2017-12-31	14,983,788,000	1,661,200,000	1,772,262,000	44.84	11.34	11.83	11.09
2018-12-31	17,534,493,000	1,692,700,000	1,108,746,000	42.31	10.78	6.32	9.65
2019-12-31	17,900,800,000	1,992,400,000	1,541,300,000	44.89	13.55	8.61	11.13
2020-12-31	18,361,700,000	3,104,800,000	2,030,400,000	47.29	15.54	11.06	16.91
2021-12-31	19,944,600,000	1,872,600,000	1,864,400,000	42.83	13.36	9.35	9.39
2022-12-31	22,148,900,000	1,275,400,000	2,020,100,000	42.1	13.55	9.12	5.76
2023-12-31	23,051,900,000	2,633,500,000	2,388,800,000	46.67	16.02	10.36	11.42
2024-12-31	23,098,500,000	2,083,200,000	2,681,400,000	48.47	16.29	11.61	9.02
2025-12-31	23,574,300,000	2,654,000,000	2,568,500,000	48.94	16.14	10.9	11.26

Published valuation snapshots
Period end	P/E (times earnings)	Earnings basis
2025-12-31	31.39	Trailing four quarters
2024-12-31	32.21	Trailing four quarters
2023-12-31	33.54	Trailing four quarters
2022-12-31	30.59	Annual net income
2021-12-31	49.98	Annual net income

Shares outstanding — chart values
Reporting date	Shares outstanding
2017-01-01	286,673,100
2018-01-01	283,253,700
2019-01-01	280,742,100
2020-01-01	273,804,300
2021-01-01	264,600,000
2022-01-01	260,400,000
2023-01-01	256,900,000
2024-01-01	254,100,000
2025-01-01	248,800,000
2026-01-01	247,100,000

End of the paywalled preview

The excerpt from Reported Data Tables — chart preview to this notice is the simplified paywalled content included on this page. A signed-in, verified account with the required subscription provides the full interactive interface and the additional research, datasets and tools listed below.

Those additional materials are not included in this preview and cannot be revealed by removing its visual restrictions.

Additional with full access

Earnings, Profitability & Valuation
- Complete profitability ratios
- EPS history and estimate comparisons
- Execution vs expectations
- Annual and quarterly financial views
Capital Expenditure & R&D
- Capital allocation AI review
- Annual capital expenditure
- Investment intensity trends
- Capex and R&D intensity indicators
Balance Sheet
- Balance sheet AI review
- Assets, debt and equity
- Capital structure
- Liquidity and leverage
- Retained earnings
Dividends & Actions
- Cash dividends paid
- Dividend indicators
- Buybacks and issuance
- Combined shareholder returns
- Available corporate actions
Company Events
- Dated insider transactions
- Material company activity

Explore complete public research examples

These public assets show the complete asset profiles, fundamental datasets and analysis. Their findings concern those assets, not this report.