Stocks · Basic Materials · Chemicals - Specialty

The Sherwin-Williams Company SHW

$318.46 -0.33% Close, Oct 5, 2026 · NYSE · Market cap $77.56B

Low risk

Next earnings report: Oct 27, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Net debt is 3.1× EBITDA, a high level of leverage.
  2. The shares trade at 29.4× trailing earnings, lower than 86% of the company's own readings over the past five years.
  3. Earnings beat analyst estimates in each of the last 4 quarters (average surprise over the last four: +4.0%).

PromtFinance scores

Each score is a percentile within the Basic Materials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.

Growth72Positive

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 48%
  • EPS growth (TTM, YoY)Top 47%
  • FCF growth (TTM, YoY)Top 21%
  • Revenue growth, 3-year CAGRTop 35%
  • Revenue growth accelerationTop 49%
Quality71Positive

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 16%
  • Gross marginTop 9%
  • Operating marginTop 28%
  • Cash conversion (OCF / net income)Bottom 47%
  • Accruals (lower is better)Bottom 41%
  • Net debt / EBITDA (lower is better)Bottom 28%
  • Interest coverTop 39%
Value57Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 43%
  • Free-cash-flow yieldTop 40%
  • EBITDA / enterprise valueBottom 37%
  • Sales / enterprise valueBottom 26%
  • P/E vs own 5-year history (lower is better)Top 19%
Momentum58Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 35%
  • 6-month returnTop 38%
  • 1-year return vs S&P 500Bottom 38%
  • Distance from 52-week highTop 21%
  • Trend checklist (0–4)Top 45%
Revisions67Positive

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 47%
  • Consecutive EPS beatsTop 17%
  • Share of analysts rating BuyTop 47%
  • Upside to consensus price targetBottom 31%
Stability83Strong

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 22%
  • Maximum drawdown, 3 yearsTop 3%
  • Beta vs S&P 500 (lower is better)Top 24%
  • Net debt / EBITDA (lower is better)Bottom 28%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)3.9%5.8%↑
EPS growth (YoY)-1.5%7.6%↑
Gross margin48.9%49.1%↑
Operating margin15.8%16.4%↑
FCF margin9.3%13.2%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)5.8%3.9%↑Top 48%
EPS growth (TTM, YoY)7.6%-1.5%↑Top 47%
Gross margin49.1%48.9%↑Top 9%
Operating margin16.4%15.8%↑Top 28%
Net margin11.0%11.0%↓—
Free-cash-flow margin13.2%9.3%↑—
Return on invested capital14.3%—Top 16%
Revenue growth, 3-year CAGR2.1%—Top 35%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
1.45×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-4.4%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.5%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+9.0 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
3.12×
Interest cover (operating income / interest)How many times operating profit covers interest.
7.7×

Shareholder returns

Dividend yield (dividends paid, TTM)
1.01%
Net buyback yield (TTM)
3.18%
Shareholder yield
4.19%
Share count change, 1 year
-1.9%
Share count change, 3-year CAGR
-1.5%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 28, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
4
Beats in the last 8 reports
6 of 8
Average EPS surprise, last 4
+4.0%
Average 2-day reaction, last 8
+1.5%
Positive 20 days after report
5 of 8

Analysts

Consensus price target
$390.09
Target vs current price
+22.5%
Analysts with a rating
38
Share rating Buy or Strong Buy
58%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 28, 2026+5.1%+8.3%+8.2%+5.9%—
Apr 28, 2026+3.5%-3.5%-7.6%-7.4%-7.6%
Jan 29, 2026+3.2%+1.4%+5.5%+3.1%-3.4%
Oct 28, 2025+4.1%+5.5%+2.8%+0.6%+3.7%
Jul 22, 2025-10.1%-0.4%-1.5%+5.1%-1.8%
Apr 29, 2025+4.7%+4.8%+8.3%+8.2%+2.4%
Jan 30, 2025+1.5%+1.4%+1.1%-1.4%-8.0%
Oct 22, 2024-4.8%-5.3%-4.8%-1.7%-7.3%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 28, 2026$3.70$3.52+5.1%$6.79B
Apr 28, 2026$2.35$2.27+3.5%$5.67B
Jan 29, 2026$2.23$2.16+3.2%$5.60B
Oct 28, 2025$3.59$3.45+4.1%$6.36B
Jul 22, 2025$3.38$3.76-10.1%$6.31B
Apr 29, 2025$2.25$2.15+4.7%$5.31B
Jan 30, 2025$2.09$2.06+1.5%$5.30B
Oct 22, 2024$3.37$3.54-4.8%$6.16B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)29.4×33.6×14thTop 43%
P/E (forward)26.3×———
EV / EBITDA20.5×——Bottom 37%
EV / Sales3.75×——Bottom 26%
Free-cash-flow yield4.14%——Top 40%
Earnings yield3.41%——Top 43%

P/E over the past five years

Range 28.8× – 43.3× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
-7.4%
Earnings per share growth (TTM)
+7.6%
Change in P/E multiple
-3.3%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-1.2%
200-day average slope (20 days)
-0.3%
Distance from 50-day average
-6.1%
Distance from 200-day average
-4.4%
RSI (14)
39.7
Relative volume
0.77×

Risk and drawdowns

Volatility, 60 days (annualized)
30.5%
Volatility vs own 5-year history
73th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
0.74
Correlation with S&P 500
0.43
Current drawdown from 1-year high
-14.5%
Maximum drawdown, 3 years
-26.7%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Dec 31, 2021Oct 20, 2022-42.9%202 days443 days (Jul 29, 2024)
Nov 25, 2024Jun 2, 2026-26.7%378 daysNot yet recovered
Nov 30, 2020Mar 4, 2021-11.8%64 days16 days (Mar 26, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$77.56B
P/E (TTM)
29.4
EPS, diluted (TTM)
$10.85
Revenue (TTM)
$24.41B
Dividend yield
1.00%
52-week range
$289.86 – $377.77
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$19.94B$22.15B$23.05B$23.10B$23.57B
Gross profit$8.54B$9.33B$10.76B$11.20B$11.54B
Operating income$2.66B$3.00B$3.61B$3.76B$3.80B
Net income$1.86B$2.02B$2.39B$2.68B$2.57B
EPS (diluted)$6.98$7.72$9.25$10.55$10.27
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$6.16B$5.30B$5.31B$6.31B$6.36B$5.60B$5.67B$6.79B
Net income$806.2M$480.1M$503.9M$754.7M$833.1M$476.8M$534.7M$843.6M
EPS (diluted)$3.18$1.90$2.00$3.00$3.35$1.92$2.15$3.43
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$2.24B$1.92B$3.52B$3.15B$3.45B
Capital expenditure-$372.0M-$644.5M-$888.4M-$1.07B-$797.6M
Free cash flow$1.87B$1.28B$2.63B$2.08B$2.65B
Dividends paid-$587.1M-$618.5M-$623.7M-$723.4M-$789.8M
Net share buybacks-$2.74B-$861.2M-$1.43B-$1.74B-$1.52B

Cash outflows are shown as negative numbers.

Cash and short-term investments
$293.5M
Total assets
$26.95B
Total liabilities
$23.10B
Total debt
$14.22B
Net debt
$13.92B
Shareholders’ equity
$3.85B

As of Jun 30, 2026 (filed Jul 28, 2026).

Dividends

Ex-dateAmountPaid
Aug 21, 2026$0.80Sep 11, 2026
May 22, 2026$0.80Jun 5, 2026
Mar 2, 2026$0.80Mar 13, 2026
Nov 14, 2025$0.79Dec 5, 2025
Aug 15, 2025$0.79Sep 5, 2025
May 16, 2025$0.79Jun 6, 2025
Mar 3, 2025$0.79Mar 14, 2025
Nov 15, 2024$0.72Dec 6, 2024

Short interest

Shares sold short
6,429,035
Days to cover
4.32
Change vs previous report
-8.8%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Apr 1, 2021
3-for-1
Mar 31, 1997
2-for-1
Apr 1, 1991
2-for-1
Apr 1, 1986
2-for-1
Mar 31, 1983
2-for-1