SHW
The Sherwin-Williams Company327.87
-0.58-0.18%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Reaffirms discipline; adds PCG, pricing color
Q&A largely reaffirms prepared remarks on soft demand offset by share gains and cost discipline, but surfaces PCG's Q4 margin surge from SG&A cuts and new wins, with second-half recovery. Management expects low single-digit realization on Paint Stores' 7% hike, chasing volume in a jump-ball market yet trading to premiums for contractor productivity. Protective & Marine ties to data centers; packaging eyes BPA conversions in Asia/LatAm. Weather concerns dismissed; guide called realistic with upside if housing ticks up. Teams earn their SG&A.
Key Stats
Market Cap
81.75BP/E (TTM)
32.05Basic EPS (TTM)
10.23Dividend Yield
0.01%Recent Filings
10-K
FY2025 results
Sherwin-Williams posted FY2025 net sales of $23.574B, up 2.1% y/y, with Paint Stores driving 3.2% growth via pricing despite volume dips; same-store sales rose 1.7%. Q4 momentum stayed choppy amid softer demand, but gross margin expanded to 48.8% on moderating raw materials, while Paint Stores profit margin ticked to 22.5%. Net income dipped to $2.569B, diluted EPS $10.26 (down 2.7% y/y), reflecting restructuring and Suvinil acquisition costs. Debt climbed to $10.871B (up $983M y/y) post-Suvinil buy, yet $3.452B operating cash funded $798M capex, $790M dividends, $1.656B buybacks. Q4 repurchases totaled 350K shares. Elevated rates and inflation threaten housing momentum.
8-K
Extends $75M credit to 2030
8-K
Q4 sales up 5.6%, 2026 EPS guide
Sherwin-Williams posted 2025 net sales of $23.57 billion, up 2.1%, with Q4 sales jumping 5.6% to $5.60 billion fueled by Suvinil's $164.5 million contribution. Adjusted EPS rose 0.9% to $11.43 annually and 6.7% to $2.23 in Q4, despite restructuring hits. Cash flow hit $3.45 billion. 2026 guides adjusted EPS to $11.50-$11.90 amid soft demand.
8-K
Extends $75M credit to 2030
8-K
Extends $125M credit to 2030
IPO
Employees
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