SHW Stock — Sherwin Williams Co

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Next earnings release

Oct 27, 2026 Announced · in 4 wks

Next earnings call

Oct 27, 2026 Scheduled · in 4 wks

Latest filing: 10-Q

filed Jul 28, 2026

Q2 2026 earnings call transcript

call held Jul 28, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

View all 115 metrics

Revenue (TTM)

$24.41B

Trailing 12 months

Net income (TTM)

$2.69B

Trailing 12 months

Revenue growth YoY

+7.5%

Year over year

Operating margin

—

Trailing 12 months

P / E (TTM)

29.8

Trailing earnings · reciprocal yield 3.4%

FCF yield

4.0%

TTM · current market cap

Return on invested capital

—

Trailing 12 months

Net cash

−$9.53B

Latest balance sheet

Dividend yield

—

Trailing 12 months

Shares change YoY

-2.1%

Year over year · fewer shares

Price change (1Y)

-6.6%

Trailing year

Short interest

2.6%

Latest settlement · 4.3 days to cover

View all 115 metrics

AI Brief

Q2 FY26 earnings call · Jul 28, 2026

Q2 FY26

TL;DR. Sherwin-Williams reported Q2 consolidated sales up 7.5% to $6.79 billion with adjusted EPS up 9.5% to $3.70, and raised full-year 2026 sales guidance to a mid- to high-single-digit percentage and adjusted EPS guidance to $11.80–$12.20. However, reported gross margin slipped slightly as raw material inflation is expected to accelerate to the high single digits in the second half, partially offsetting an announced 8% Paint Stores price increase effective September 1.

Bullish

+ Raised full-year 2026 sales guidance to a mid- to high-single-digit percentage and adjusted EPS guidance to $11.80–$12.20
+ Q2 consolidated sales grew 7.5% and adjusted EPS rose 9.5% to $3.70, with adjusted EBITDA margin expanding 60 bps to 21.5%
+ Net operating cash improved 21% and the company returned $1.46 billion to shareholders through dividends and buybacks
+ Paint Stores Group sales grew 5.1% with mid-single-digit price/mix, protective and marine up double digits, and eighth straight quarter of at least high single-digit growth in P&M
+ Performance Coatings Group sales rose 6.3% with adjusted segment margin up 50 bps, including double-digit growth in Asia Pacific
+ Consumer Brands Group adjusted segment margin expanded 210 bps to 24.5% and sales grew 21.5% with Suvinil contribution

Bearish

− Reported gross margin decreased slightly to 49.2% from 49.4%, pressured by a moderate rise in raw material costs
− Raw material basket inflation expected to accelerate to high single digits in the second half, lifting full-year outlook to mid-single digits
− SG&A rose a mid-single-digit percentage and interest expense increased to $135.9 million from $112.4 million on higher short-term borrowings and long-term debt
− Paint Stores Group closed 57 stores YTD (~1% of total); net store count declined YTD with net additions guided to ~30 for the year
− New residential market remains very challenging with single-family starts and completions negative five of the last six months

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice

Overall

Neutral

SellHoldBuy

Technical Neutral Momentum Very Weak Sentiment Neutral Fundamentals Strong Quant / Vol Moderate

Market backdrop VIX 16.4 · calm Equity put/call 0.57

Technical

price trend

Neutral

50 / 200-day cross No cross

Price vs 200-day avg −4%

below

Price vs 50-day avg −5%

below

RSI (14) 42

neutral

MACD trend Positive

52-week position 35%

mid-range

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Very Weak

1-month return −3%

trailing

6-month return −5%

trailing

YTD return −1%

this year

Relative strength −17%

vs S&P · 6-mo

Sentiment

smart money

Neutral

Trend (MA cross) No cross

50d $339 › 200d $333 — 50d above 200d

Institutional flow Distributing

5 of 1,753 funds reported for Sep 30 · net -6.4K sh shares · +1 new

Insider flow Distributing

Net -$7.7M over 90 days · 100% sells

Short interest Falling

2.65% of float · ▼ -8.8% MoM · 4.3 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

1,753 holders — near 3-yr high, broad support

Squeeze score 51

elevated · 0–100

Fundamentals

Strong

Revenue growth +2%

Y/Y

Gross margin 64%

expanding

EPS growth −3%

Y/Y

Free cash flow $3.3B

Valuation P/E 30.4

below peers

Balance sheet $9.5B

net debt

Quant / Vol

risk profile

Moderate

Volatility 28%

annualized · 1-yr

Max drawdown −21%

past year

ATR 2.5%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Beat or met 2 of last 4

Latest guidance · from the 8-K filed Jul 28, 2026

Diluted net income per share · Full Year 2026 Initiated $10.92 – $11.32

prior FY $10.26 midpoint +8.4% Y/Y

Adjusted diluted net income per share · Full Year 2026 Initiated $11.80 – $12.20

Guided vs delivered · last 4 settled

Diluted net income per share Full Year 2024

guided $10.30 – $10.60

guided $10.30 – $10.60 $10.55 In line

Diluted net income per share Full Year 2023

guided $9.21 – $9.41

guided $9.21 – $9.41 $9.25 In line

Diluted net income per share full year 2021

guided $7.16 – $7.36

guided $7.16 – $7.36 $6.98 Miss −3.9%

Diluted net income per share full year 2020

guided $21.49 – $21.79

guided $21.49 – $21.79 $7.36 Miss −66.0%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Neutral

1 · 5 · 1

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−4% Neutral

Price vs 50-day avg

−5% Bearish

RSI (14)

42 Neutral

MACD trend

Positive Bullish

52-week position

35% Neutral

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Mixed

Trend (MA cross) No cross

50d $339 › 200d $333 — 50d above 200d

Institutional flow Distributing

5 of 1,753 funds reported for Sep 30 · net -6.4K sh shares · +1 new

Insider flow Distributing

Net -$7.7M over 90 days · 100% sells

Short interest Falling

2.65% of float · ▼ -8.8% MoM · 4.3 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

1,753 holders — near 3-yr high, broad support

Price context

position in its 52-week range

Range low $293 Now $321 · 35% Range high $373

vs 200-day avg -4% vs 50-day avg -5%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
Adjusted diluted net income per share non-GAAP	$3.7	the three months ended June 30, 2026 filing	—
Adjusted EBITDA non-GAAP	$1.46B	Three Months Ended June 30, 2026 filing	—
GAAP → non-GAAP reconciliation GAAP EBITDA $1.43B +$23.8M Severance and other restructuring expenses = Adjusted EBITDA $1.46B
EBITDA non-GAAP	$1.43B	Three Months Ended June 30, 2026 filing	—
GAAP → non-GAAP reconciliation GAAP Net income $843.6M +$135.9M Interest expense +$268.9M Income taxes +$98.5M Depreciation +$87.9M Amortization = EBITDA $1.43B
Net sales from stores in the Paint Stores Group open more than twelve calendar months	4.2%	the three months ended June 30, 2026 filing	—

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Specialty Chemicals — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
SHW Sherwin Williams Co this stock	$79.89B	-1.0%	+2.1%	30.4	2.6%
LIN Linde PLC	$216.61B	+10.1%	+3.0%	30.3	1.3%
AIQUF L Air Liquide SA /Fi	$121.25B	-1.1%	—	—	0.0%
ECL Ecolab Inc.	$78.35B	+3.3%	+2.2%	37.5	1.9%
APD Air Products & Chemicals, Inc.	$62.12B	+10.7%	-0.5%	—	1.8%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Reducing

Holders

1,754

% held: 83.6%
Reported: 5 of 1,753
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

906

View

Short & Settlement

Short Interest Falling

Shares short

6.4M

Days to cover: 4.3d
Change: -620.1K sh

View

Short Volume

Short vol %

44%

As of: Oct 1, 2026

Short Total

View

Fails to Deliver

FTD shares

23.4K

Value: $7.6M
As of: Sep 9, 2026

View

Off-Exchange

Off-exchange %

56.9%

Week of: Aug 24, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net selling

Net (90d)

-$7.7M

Buyers / Sellers: 0 / 2

Buyers Sellers

View

Congressional Trades Sell

Member

Maria Elvira Salazar

Amount: $1.0K–$15.0K
Traded: May 12, 2026

View

Financials

Revenue (FY)

$23.6B

Net income (FY): $2.6B
EPS diluted: $10.26

View

Filings

SEC Filings

Latest

8-K

Filed: Sep 29, 2026
This year: 12

View

Proposed Sales

Value

$4.8M

Shares: 13.5K
Filed: Aug 17, 2026

View

Earnings & Events

Webcasts Upcoming

Next webcast

Oct 27, 2026

Last webcast: Sep 24, 2026

View

Investor Relations

	5D	20D	120D	MTD	YTD
SHW	+0.1%	-3.2%	-4.6%	-0.8%	-1.0%
SPY	-0.4%	-0.2%	+12.4%	+0.2%	+12.0%
vs SPY	+0.5%	-3.0%	-17.0%	-1.0%	-13.0%

SHW · Sherwin Williams Co

Price & Indicators

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Metrics snapshot

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance