The Sherwin-Williams Company (SHW)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
The Sherwin-Williams Company (SHW) trades at $352.48 with AI Score 78/100 (Grade A). The Sherwin-Williams Company is a global leader in the paints and coatings industry. Market cap: $86.93B, Sector: Basic materials.
Price live · AI analysis from May 10, 2026SHW stock analysis for 2026: Analysts have set a consensus price target of $364.00 for The Sherwin-Williams Company, suggesting 3.3% upside from the current price of $352.48. The AI MoonshotScore is 78/100, indicating a strong bullish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
SHW: 1/1 perspectives are bullish.
How is this calculated? →The Sherwin-Williams Company (SHW) Materials & Commodity Exposure
The Sherwin-Williams Company, founded in 1866, is a global leader in paints and coatings. Operating through three segments, it serves diverse customers with architectural, industrial, and specialty coatings. With a strong distribution network and a wide range of products, Sherwin-Williams maintains a significant presence in the specialty chemicals sector.
What Is the Investment Thesis for SHW?
Sherwin-Williams presents a compelling investment case due to its established market leadership, diversified product portfolio, and extensive distribution network. The company's consistent profitability, reflected in its 10.9% profit margin and 49.1% gross margin, underscores its operational efficiency. Growth catalysts include expansion in emerging markets and continued innovation in specialty coatings. However, investors may want to evaluate potential risks such as raw material price volatility and economic downturns affecting construction and industrial sectors. With a P/E ratio of 24.2 and a dividend yield of 1.00%, Sherwin-Williams offers a blend of growth and income potential. The company's beta of 1.27 indicates a higher volatility compared to the market.
Based on FMP financials and quantitative analysis
SHW Key Highlights
- Market Cap of $86.93B reflects Sherwin-Williams' significant presence and value in the paints and coatings industry.
- P/E Ratio of 24.2 indicates investor expectations for future earnings growth.
- Profit Margin of 10.9% demonstrates the company's ability to generate profit from its revenue.
- Gross Margin of 49.1% showcases efficient cost management in production and sales.
- Dividend Yield of 1.00% provides a steady income stream for investors, enhancing the stock's attractiveness.
Who Are SHW's Competitors?
SHW is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BHP BHP Group Limited | $83.33 | +1.35% | $211.69B | 51 |
| SCCO Southern Copper Corporation | $172.01 | +1.90% | $143.51B | 99 |
| NEM Newmont Corporation | $97.04 | +4.01% | $103.60B | 100 |
| AEM Agnico Eagle Mines Limited | $153.86 | -0.64% | $76.94B | 61 |
| FCX Freeport-McMoRan Inc. | $60.96 | +0.71% | $87.63B | 78 |
| HGRAF HydroGraph Clean Power Inc. | $3.54 | -5.09% | $1.24B | 69 |
| LWLG Lightwave Logic, Inc. | $7.37 | -9.30% | $1.13B | 69 |
| COOSF Carbios SAS | $7.15 | +0.00% | $120.63M | 69 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SHW's Key Strengths?
- Strong brand recognition and reputation.
- Extensive distribution network with company-operated stores.
- Diversified product portfolio across multiple segments.
- Vertical integration providing cost advantages.
What Are SHW's Weaknesses?
- Exposure to raw material price volatility.
- Dependence on the construction and industrial sectors.
- Limited presence in some emerging markets.
- Higher beta indicates greater market sensitivity.
What Could Drive SHW Stock Higher?
- Infrastructure spending initiatives in North America and Europe are expected to drive demand for architectural and industrial coatings.
- New product launches in specialty coatings segment targeting automotive and aerospace industries by Q4 2026.
- Expansion of e-commerce platform and digital marketing efforts to increase online sales and customer engagement.
What Are the Key Risks for SHW?
- Insider selling — insiders were net sellers of roughly $10.4M recently.
- Volatility in raw material prices, such as titanium dioxide and resins, could impact profit margins.
- Economic slowdowns in key markets could reduce demand for paints and coatings.
- Increasing competition from global and regional players in the paints and coatings industry.
- Changes in environmental regulations could require costly adjustments to product formulations and manufacturing processes.
What Are the Growth Opportunities for SHW?
- Expansion in Emerging Markets: Sherwin-Williams has the opportunity to expand its presence in emerging markets, particularly in Asia and South America. These regions are experiencing rapid urbanization and infrastructure development, driving demand for paints and coatings. By establishing new stores and distribution centers in these markets, Sherwin-Williams can tap into a significant growth potential. The emerging markets paints and coatings market is projected to reach $XX billion by 2030, presenting a substantial opportunity for Sherwin-Williams to increase its revenue and market share.
- Product Innovation in Specialty Coatings: Sherwin-Williams can drive growth through continuous product innovation, particularly in specialty coatings for industrial and automotive applications. Developing high-performance coatings with enhanced durability, corrosion resistance, and aesthetic appeal can attract new customers and increase sales. The specialty coatings market is expected to grow at a CAGR of X% over the next five years, driven by increasing demand from the automotive, aerospace, and construction industries. Sherwin-Williams' focus on research and development can enable it to capture a significant share of this market.
- Strategic Acquisitions and Partnerships: Sherwin-Williams can pursue strategic acquisitions and partnerships to expand its product portfolio and geographic reach. Acquiring smaller companies with complementary technologies or market presence can accelerate growth and enhance competitiveness. Collaborating with other industry players can also provide access to new markets and distribution channels. The mergers and acquisitions activity in the paints and coatings industry is expected to remain strong, providing opportunities for Sherwin-Williams to strengthen its position and drive long-term growth.
- Enhancing E-commerce and Digital Presence: Sherwin-Williams can enhance its e-commerce platform and digital presence to reach a wider customer base and improve the customer experience. Investing in online marketing, social media, and mobile applications can attract new customers and drive online sales. The e-commerce channel for paints and coatings is growing rapidly, driven by increasing consumer preference for online shopping and convenience. Sherwin-Williams' digital transformation initiatives can enable it to capture a significant share of the online market and enhance its overall competitiveness.
- Focus on Sustainable and Eco-Friendly Coatings: Sherwin-Williams can capitalize on the growing demand for sustainable and eco-friendly coatings by developing and marketing products with low VOC emissions and environmentally friendly formulations. Consumers and businesses are increasingly seeking sustainable solutions, driving demand for green building materials and coatings. Sherwin-Williams' commitment to sustainability can attract environmentally conscious customers and enhance its brand reputation. The market for sustainable coatings is projected to grow at a CAGR of Y% over the next five years, presenting a significant opportunity for Sherwin-Williams to increase its revenue and market share.
What Opportunities Does SHW Have?
- Expansion in emerging markets with growing construction activities.
- Product innovation in specialty coatings and sustainable solutions.
- Strategic acquisitions and partnerships to expand market reach.
- Enhancing e-commerce and digital presence to reach more customers.
What Threats Does SHW Face?
- Economic downturns affecting construction and industrial demand.
- Increasing competition from other paints and coatings manufacturers.
- Changing consumer preferences and regulatory requirements.
- Disruptions in the supply chain affecting raw material availability.
What Are SHW's Competitive Advantages?
- Strong Brand Reputation: Sherwin-Williams has a well-established brand reputation built over 150 years, fostering customer loyalty and trust.
- Extensive Distribution Network: The company operates approximately 5,000 company-operated stores and facilities, providing a significant competitive advantage in distribution.
- Diversified Product Portfolio: Sherwin-Williams offers a wide range of paints, coatings, and related products, catering to diverse customer needs and reducing reliance on any single product category.
- Vertical Integration: The company's manufacturing capabilities and control over its supply chain provide cost advantages and ensure product quality.
What Does SHW Do?
The Sherwin-Williams Company, established in 1866 and headquartered in Cleveland, Ohio, has evolved into a global leader in the paints and coatings industry. The company develops, manufactures, distributes, and sells a wide array of paints, coatings, and related products to a diverse customer base, including professional, industrial, commercial, and retail clients. Sherwin-Williams operates through three primary segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group focuses on architectural paints and coatings, protective and marine products, and OEM product finishes, catering to architectural and industrial paint contractors, as well as do-it-yourself homeowners. The Consumer Brands Group supplies branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes, preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers and distributors. The Performance Coatings Group develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil coatings, packaging coatings, and performance-based resins and colorants. With approximately 5,000 company-operated stores and facilities as of February 2022, Sherwin-Williams maintains a robust distribution network, serving customers across North and South America, the Caribbean, Europe, Asia, and Australia. This extensive reach and diversified product portfolio solidify its competitive position in the global coatings market.
What Products and Services Does SHW Offer?
- Develops and manufactures paints, coatings, and related products.
- Distributes products to professional, industrial, commercial, and retail customers.
- Offers architectural paints and coatings for residential and commercial buildings.
- Provides protective and marine coatings for infrastructure and marine applications.
- Supplies industrial coatings for wood finishing and general industrial uses.
- Sells automotive refinish products for vehicle repair and maintenance.
- Offers a range of branded and private-label products through retailers and distributors.
How Does SHW Make Money?
- Manufactures and sells paints, coatings, and related products through company-operated stores and third-party distributors.
- Generates revenue from three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group.
- Focuses on product innovation and customer service to maintain a competitive edge.
- Leverages a strong brand reputation and extensive distribution network to drive sales.
What Industry Does SHW Operate In?
The Sherwin-Williams Company operates in the specialty chemicals industry, which is characterized by continuous innovation and evolving customer demands. The global paints and coatings market is projected to reach significant growth in the coming years, driven by increased construction activities and infrastructure development. Sherwin-Williams competes with other major players in the industry, focusing on product differentiation and customer service. The company's extensive distribution network and strong brand reputation provide a competitive edge in capturing market share. Key trends include the development of eco-friendly coatings and the adoption of advanced technologies in manufacturing processes.
Who Are SHW's Key Customers?
- Professional paint contractors.
- Do-it-yourself homeowners.
- Industrial and commercial businesses.
- Retailers and distributors.
SHW Valuation & Market Position
With a $86.93B market cap, The Sherwin-Williams Company sits in the large-cap segment of the market. Relative to its peer group, SHW's quantitative score of 78/100 is roughly in line with the peer average of 78/100.
FY2026 estForward Outlook
Wall Street analysts project The Sherwin-Williams Company revenue of about $24.73B for fiscal 2026, with EPS near $11.72. The estimate reflects 16 contributing analysts.
F-Score 7/9Financial Health
The Sherwin-Williams Company's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 3.79 places it in the safe zone, indicating low near-term bankruptcy risk.
ROE 58%Key Financial Metrics
Return on equity for The Sherwin-Williams Company stands at 58.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 9.9%, showing how much profit it generates from its asset base. SHW trades at a trailing price-to-earnings ratio of 24.18, roughly in line with the Basic Materials sector average of ~22x. Its free cash flow yield is 3.3%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.86 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 3.0%, the inverse of the P/E and a quick read on earnings relative to price.
Net buyingInsider Activity
Over the past six months, The Sherwin-Williams Company insiders filed 30 SEC Form 4 transactions — 12 sales and 18 purchases. On net that is roughly 36K shares acquired (about $10.4M) — insiders putting money in tends to read as conviction.
SHW Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Sherwin-Williams has a strong brand reputation, which often translates to customer loyalty and pricing power. Think of it like Apple in the tech world – people are willing to pay a premium.
- Recent insider buying activity could signal confidence in the company's future prospects. It's like the captain going down with the ship – or in this case, buying more shares.
- The community sentiment seems optimistic about the housing market recovery, which could drive demand for paints and coatings. It's similar to how increased car sales boost tire manufacturers.
- Positive market perception regarding infrastructure spending could benefit Sherwin-Williams as construction projects require paint and coatings. Imagine the impact of the New Deal on construction material suppliers.
Bear Case
- Negative community sentiment regarding raw material costs could squeeze profit margins. It's like airlines facing rising fuel prices.
- Recent insider selling activity might indicate concerns about short-term performance. It's not necessarily a disaster, but worth noting.
- Bearish community views on consumer spending habits could negatively impact DIY paint sales. Think of the impact of a recession on luxury goods.
- Market perception of a potential economic slowdown could reduce demand for paints and coatings in both residential and commercial sectors. Similar to how a housing market crash hurts lumber companies.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · January 2026
From the Earnings Call
“Reported gross margin expanded by 90 basis points inclusive of a dilutive impact from Suvenil. This was the fourteenth quarter out of the last 15 quarters we have delivered year-over-year gross margin expansion.”
— Jim Jaye, Senior Vice President, Investor Relations and Communications
“We opened 21 new stores during the quarter and, as planned, closed 27, or about half a percent of total PSG stores. We still expect to open 80 to 100 new stores for the year.”
— Heidi Petz, Chair, President and Chief Executive Officer
SHW Q1 FY2026 earnings call transcript · 2026-04-28
SHW Latest News
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Alphabet Joins Dow Jones Industrial Average: Here's How The Last Three Additions Performed
benzinga · Jun 24, 2026
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BMO Capital Cuts Sherwin-Williams (SHW) Price Target on Challenging Macro Outlook
Yahoo! Finance: SHW News · Jun 15, 2026
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Sherwin-Williams Color Campaign Links Design Identity With Undervalued Stock Story
Yahoo! Finance: SHW News · Jun 11, 2026
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When Should You Buy The Sherwin-Williams Company (NYSE:SHW)?
Yahoo! Finance: SHW News · Jun 11, 2026
SHW Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SHW.
Price Targets
Consensus target: $364.00
SHW MoonshotScore
What does this score mean?
The MoonshotScore rates SHW's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
Alphabet Joins Dow Jones Industrial Average: Here's How The Last Three Additions Performed
BMO Capital Cuts Sherwin-Williams (SHW) Price Target on Challenging Macro Outlook
Sherwin-Williams Color Campaign Links Design Identity With Undervalued Stock Story
When Should You Buy The Sherwin-Williams Company (NYSE:SHW)?
Latest The Sherwin-Williams Company Analysis
Leadership: Heidi G. Petz
CEO
Heidi G. Petz serves as the Chief Executive Officer of The Sherwin-Williams Company. Her career within Sherwin-Williams has spanned several decades, during which she has held various leadership positions across different segments of the company. Petz has demonstrated expertise in strategic planning, operational management, and market development. Her deep understanding of the paints and coatings industry, combined with her proven leadership skills, positions her well to guide Sherwin-Williams in a dynamic global market. She is responsible for managing a workforce of 63,890 employees.
Track Record: Under Heidi G. Petz's leadership, Sherwin-Williams has focused on expanding its market share through strategic acquisitions and product innovation. She has overseen the implementation of key initiatives aimed at enhancing operational efficiency and improving customer satisfaction. Her tenure has been marked by a commitment to sustainable business practices and a focus on long-term value creation for shareholders. Specific milestones and achievements under her leadership are currently unavailable.
SHW Basic Materials Stock FAQ
What does The Sherwin-Williams Company do?
The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to a diverse range of customers, including professional, industrial, commercial, and retail clients. Operating through three segments—The Americas Group, Consumer Brands Group, and Performance Coatings Group—the company provides architectural paints, industrial coatings, and specialty finishes. With a strong distribution network of approximately 5,000 company-operated stores and facilities, Sherwin-Williams serves markets across North and South America, the Caribbean, Europe, Asia, and Australia, maintaining a leading position in the global paints and coatings industry.
What do analysts say about SHW stock?
Analyst consensus on Sherwin-Williams (SHW) stock reflects a generally positive outlook, driven by the company's strong market position and consistent financial performance. Key valuation metrics, such as the P/E ratio of 24.2, indicate investor expectations for future earnings growth. Growth considerations include the company's expansion in emerging markets, product innovation, and strategic acquisitions. However, analysts also note potential risks, such as raw material price volatility and economic downturns. Overall, analyst ratings suggest a cautious optimism, emphasizing the importance of monitoring industry trends and company-specific developments.
What are the main risks for SHW?
The Sherwin-Williams Company faces several key risks, including volatility in raw material prices, such as titanium dioxide and resins, which can impact profit margins. Economic slowdowns in key markets, particularly in the construction and industrial sectors, could reduce demand for paints and coatings. Increasing competition from global and regional players poses a threat to market share. Additionally, changes in environmental regulations may require costly adjustments to product formulations and manufacturing processes, potentially increasing operating expenses and affecting profitability. Effective risk management strategies are crucial for mitigating these challenges.
How does The Sherwin-Williams Company compare to competitors in its industry?
The Sherwin-Williams Company distinguishes itself through its extensive company-operated store network, providing a direct channel to professional and DIY customers, unlike competitors reliant on third-party distribution. Its diversified product portfolio, spanning architectural, industrial, and specialty coatings, allows it to cater to a broader market. While competitors like BHP Group Limited and Southern Copper Corporation operate in related raw material sectors, Sherwin-Williams' focus on finished coatings and strong brand reputation provide a competitive edge. This strategic emphasis on distribution and product breadth solidifies its position in the specialty chemicals industry.
What are the key financial metrics investors watch for SHW?
Investors closely monitor several key financial metrics for The Sherwin-Williams Company (SHW). Revenue growth indicates the company's ability to expand its market presence and increase sales. Gross margin, currently at 49.1%, reflects the efficiency of its production and cost management. Profit margin, at 10.9%, demonstrates the company's overall profitability. The P/E ratio of 24.2 provides insights into investor expectations for future earnings. Additionally, dividend yield, at 1.00%, is a key metric for income-seeking investors. These metrics collectively provide a comprehensive view of SHW's financial health and performance.
What are the key factors to evaluate for SHW?
The Sherwin-Williams Company (SHW) holds an AI score of 78/100 (high). P/E: 24.2x vs the S&P 500's ~20-25x. Analysts target $364.00 (+3%). Not financial advice.
How frequently does SHW data refresh on this page?
SHW prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven SHW's recent stock price performance?
The Sherwin-Williams Company (SHW) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand recognition and reputation. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available financial data and company reports as of 2022-02-17. Market conditions and company performance may have changed since then.
- Emerging market data is based on industry reports and projections, which are subject to uncertainty.
- CEO track record information is limited due to the recentness of their appointment.