The Sherwin-Williams Company reported strong second-quarter 2026 results, with consolidated Net sales of $6.79 billion, up 7.5% year over year. Net income was $843.6 million (12.4% of Net sales), and diluted EPS rose 14.3% to $3.43; adjusted diluted EPS was $3.70, up 9.5%.
EBITDA reached $1.43 billion, or 21.1% of Net sales, and Adjusted EBITDA increased 13.8%. Net operating cash improved 21%, free cash flow conversion was 86%, and the company returned $2.23 billion to shareholders in the first half, including dividends and repurchases of 5.6 million shares.
By segment, Paint Stores Group Net sales were $3.89 billion, up 5.1% with same-store sales up 4.2%; Consumer Brands Group grew 21.5% to $983.5 million aided by the Suvinil acquisition; Performance Coatings Group rose 6.3% to $1.91 billion.
Sherwin-Williams raised full-year 2026 guidance, now expecting consolidated Net sales up a mid to high-single digit percentage and diluted EPS of $10.92–$11.32 (adjusted $11.80–$12.20). Management cited cost inflation and announced an 8% Paint Stores Group price increase effective September 1 and restructuring actions targeting about $17 million of annual savings.
Sherwin-Williams director Thomas Williams reported a compensation-related equity award rather than an open-market trade. He acquired 96.32 deferred stock units of common stock at a weighted average reference price of $350.40 per unit under the 2005 Director Deferred Fee Plan, in an exempt transaction. These units are economically equivalent to common shares and will generally be paid in stock after he leaves the board.
Following this award, Williams now indirectly holds 1,262.09 deferred stock units under the Deferred Fee Plan. Separately, he directly holds 2,371 common-stock-related interests, consisting of 1,334 restricted stock units and 1,037 shares of common stock, reflecting his ongoing equity-based stake in the company.
The Sherwin-Williams Company director Michael H. Thaman acquired 96.32 deferred stock units of common stock on July 6, 2026 at a weighted average price of $350.40 per share under the 2005 Director Deferred Fee Plan. Each deferred stock unit is the economic equivalent of one share of common stock and will be paid solely in stock, generally after he leaves the board. Following this grant, he holds 5,712.57 deferred stock units indirectly through the plan and 8,111 equity interests directly, consisting of 1,100 restricted stock units and 7,011 shares of common stock.
Sherwin-Williams director Robert James Gamgort reported a compensation-related stock award. He acquired 96.32 deferred stock units of common stock on July 6, 2026 in an exempt transaction under the company’s 2005 Director Deferred Fee Plan, at a weighted average price of $350.40 per unit.
Each deferred stock unit is economically equivalent to one share of common stock and will be settled in stock, generally after he leaves the board. Following this award, his Deferred Fee Plan account holds 585.55 deferred stock units held indirectly, while a separate line reflects 1,075 directly held shares previously reported.
Sherwin-Williams director Kerrii B. Anderson received an award of deferred stock units under the company’s 2005 Director Deferred Fee Plan. She acquired 28.54 deferred stock units, each economically equivalent to one share of common stock, based on a weighted average share price of $350.40.
These units are held indirectly through the Deferred Fee Plan and become payable in stock, generally after she leaves the board. Following this award, she holds 1,076.42 deferred stock units under the plan, and separately has 5,819 direct equity interests, consisting of 1,100 restricted stock units and 4,719 common shares.
The Sherwin-Williams Company entered into Amendment No. 11 to its Amended and Restated Credit Agreement with Goldman Sachs Bank USA, Goldman Sachs Mortgage Company and a syndicate of lenders. The amendment extends the maturity of $200,000,000 of commitments available for borrowing and issuing letters of credit from June 20, 2026 to June 20, 2031. These commitments are part of Sherwin-Williams’ existing credit facility first amended and restated on August 2, 2021.
Sherwin-Williams Co/The reported that Vanguard Capital Management beneficially owns 17,407,509 shares of Common Stock, representing 7.03% of the class. The filing states Vanguard has sole dispositive power over 17,407,509 shares and sole voting power over 2,262,963 shares; the filing is signed 04/30/2026.
The Sherwin-Williams Company reported higher first-quarter 2026 results. Net sales rose 6.8% to $5.667 billion, driven by growth in all segments and contributions from the Suvinil acquisition plus favorable foreign currency.
Net income increased to $534.7 million, with diluted earnings per share up 7.5% to $2.15. Adjusted diluted EPS reached $2.35. Gross margin improved to 49.1% from 48.2% as moderating raw material costs and mix offset higher selling, general and administrative expenses.
Net operating cash was $139.1 million versus a prior-year use of cash, while EBITDA was $998.2 million. The company ended the quarter with $216.9 million in cash, total debt of $11.7 billion and 246.6 million common shares outstanding. Management highlights disciplined capital deployment, ongoing share repurchases and strong liquidity, including $2.443 billion of unused credit capacity.
The Sherwin-Williams Company reported first quarter 2026 net sales of $5.67 billion, up 6.8% from a year earlier, as all three segments grew. Diluted net income per share rose 7.5% to $2.15, while adjusted diluted net income per share increased 4.4% to $2.35.
Net income grew 6.1% to $534.7 million and EBITDA increased 8.8% to $998.2 million. Paint Stores Group net sales rose 3.7% with same-store sales up 2.4%. Consumer Brands Group net sales jumped 19.2%, and Performance Coatings Group grew 6.5%. The company generated $139.1 million in operating cash and returned $772.7 million via dividends and repurchases of 1.6 million shares. Management reaffirmed full-year 2026 diluted EPS guidance of $10.70–$11.10 and adjusted diluted EPS of $11.50–$11.90, with net sales expected to increase by a low to mid-single digit percentage.
The Sherwin-Williams Company reported the results of its 2026 Annual Meeting of Shareholders. Shareholders elected nine directors to serve until the next annual meeting, with each nominee receiving substantially more votes "For" than "Against."
On an advisory basis, shareholders approved executive compensation and ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for 2026. Shareholders also approved, on an advisory basis, a management proposal to amend shareholders' ability to call a special meeting to a 25% ownership threshold, while a separate shareholder proposal on special meeting rights did not receive approval.