SHW
The Sherwin-Williams Company327.87
-0.58-0.18%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Q&A reaffirms soft demand, details pricing balance
Q&A reinforced prepared remarks' 'softer for longer' demand outlook persisting into 2026 H1, with no near-term catalysts despite falling mortgage rates toward 6% potentially sparking resale. Management stressed balancing 7% Paint Stores pricing—covering low-single-digit raw material inflation—with aggressive volume/share gains via store/rep investments yielding 30% incremental margins on low-single-digit growth. Suvinil details emerged: low-single-digit Q4 sales boost, high-teens EBITDA midterm post-synergies. PCG margins hit mix drag but eyed Q4 rebound. Share gains accelerate now, without pulling forward recovery upside. Pragmatic tone; investors eye volume durability.
Key Stats
Market Cap
81.75BP/E (TTM)
32.05Basic EPS (TTM)
10.23Dividend Yield
0.01%Recent Filings
8-K
Extends $75M credit to 2030
8-K
Extends $125M credit to 2030
8-K
CFO succession announced
Sherwin-Williams' CFO Allen Mistysyn retires effective December 31, 2025, after 35 years, transitioning to a short-term role. Board elects insider Benjamin Meisenzahl, 44, with 22 years tenure, as new SVP-Finance and CFO from January 1, 2026, at $800,000 base salary. Succession ensures seamless handoff. Leadership stays steady.
10-Q
Q3 FY2025 results
Sherwin-Williams posted Q3 net sales of $6.4B, up 3.2% y/y, with Paint Stores surging 5.1% y/y on price and volume. Gross margin ticked to 49.2%, yet diluted EPS rose 5.3% y/y to $3.35 on 249.0M shares, matching calculations. Cash stayed lean at $242M while total debt climbed to $11.5B, revolver with $3.1B availability; net operating cash hit $2.4B YTD, up 6.3% y/y. Paint Stores drives profits. Debt loads mount.
8-K
Q3 sales up 3.2%
IPO
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