Sherwin-Williams Company (SHW)

In July 2025, Sherwin-Williams announced its second-quarter 2025 financial results and revised its full-year 2025 outlook downward, citing softer-than-anticipated demand. In September 2025, the company reported a 3.2% rise in net sales and increases in diluted EPS and adjusted EBITDA, and returned $864 million to shareholders. In October 2025, Sherwin-Williams further narrowed its 2025 EPS outlook and announced a 7% price increase for its Paint Stores Group, effective January 1, 2026. The company is scheduled to release its fourth-quarter and full-year 2025 financial results on January 29, 2026. Throughout this period, the company has noted continued "choppiness" in demand and an absence of organic revenue growth.

Demand for Sherwin-Williams products exhibits clear seasonality, with prolonged boosts in customer visits throughout the spring and summer months, particularly in May and August, partly attributed to summer relocations. The fourth quarter may see flat to low single-digit percentage net sales growth due to potential shutdowns by industrial customers. Overall, demand can be "choppy," with softness observed in the DIY market and in sectors such as housing, automotive, and aerospace, while the professional segment tends to be more resilient.

The Sherwin-Williams Co. is a global leader in the paints and coatings industry, headquartered in Cleveland, Ohio, and is engaged in the manufacture, development, distribution, and sale of paints, coatings, floorcoverings, and related products. The company operates within the Materials sector, specifically in the chemicals and paints/coatings industry, with an extensive product portfolio that includes architectural, industrial, and specialty coatings, as well as caulks, chemicals, sealants, and stains. Major brands include Sherwin-Williams, Valspar, HGTV HOME by Sherwin-Williams, Dutch Boy, Krylon, Minwax, Thompson's WaterSeal, Cabot, Purdy, Ronseal, Solver, Dupli-Color, Geocel, Huarun, Pratt & Lambert, and White Lightning.

The Sherwin-Williams Co. has a vast international footprint, with operations spanning over 120 countries, including North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. It operates more than 5,000 company-owned stores and facilities globally, with over 4,000 of these located in North America.

In the past year, The Sherwin-Williams Co. has maintained a strong brand reputation, receiving first-place honors in customer satisfaction for both interior and exterior paint in the J.D. Power 2025 U.S. Paint Satisfaction Study. The company's reputation is bolstered by its strong direct-to-professional distribution network and established brand equity, along with a commitment to innovation, quality, and customer service.

The ownership structure of The Sherwin-Williams Co. is predominantly held by institutional investors, who collectively own approximately 80% to 92.84% of the company's stock. Key institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual investors also hold stakes, though typically in smaller amounts, and insiders own a minor percentage, ranging from 0.30% to 1.34% of the company's shares.