The Sherwin-Williams Company (SHW) Stock

The Sherwin-Williams Company (SHW) is a Consumer Discretionary stock trading at $346.62 (as of 2026-08-21), with a market capitalization of $84.16B and a trailing P/E of 30.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers and distributors. The Performance Coatings Group segment 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. It serves retailers, dealers, jobbers, licensees, and other third-party distributors through its branches and direct sales staff, as well as through outside sales representatives. The company has operations primarily in the North and South America, the Caribbean, Europe, Asia, and Australia. As of February 17, 2022, it operated approximately 5,000 company-operated stores and facilities. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.

Understand The Sherwin-Williams Company: how it makes money

Sherwin-Williams develops, manufactures, distributes, and sells paints and coatings (including architectural paints, protective and marine products, OEM finishes, and branded products) to professional, industrial, commercial, and retail customers, and it earns money through sales across its Americas (Paint Stores), Consumer Brands, and Performance Coatings segments.

The profit engine is segment profit, led by Paint Stores Group (PSG) segment profit (0.95B), with much smaller contributions from Consumer Brands Group (around 0.16B to 0.2B) and Performance Coatings Group (about 0.24B to 0.3B), so changes in PSG profitability will have an outsized impact on total operating performance.

Revenue by segment (latest quarter)
PSG$3.0B
CBG$0.7B
PCG$1.7B

Business quality (Mixed): The company reports segment information for three major businesses, and investors can track a clear operating profit split, with PSG segment profit standing out as the largest driver. The main limitation in this snapshot is that segment revenue totals shown from the provided candidates do not exactly sum to the consolidated revenue figure.

Valuation: At 33× earnings, SHW trades 73% above the Retail average (19×). Note: one-time items can distort reported P/E.

Bull case

  • PSG profitability is the largest piece of segment profit: PSG segment profit is 0.95B, higher than the provided Consumer Brands and Performance Coatings segment profit figures.
  • Multiple segment profit pools: The company has three segment businesses (PSG, CBG, and PCG), each with its own segment profit line, which can diversify where profit comes from.

Bear case

  • Profit contribution is concentrated in PSG: PSG segment profit (0.95B) is materially larger than Consumer Brands Group segment profit (0.16B to 0.2B) and Performance Coatings Group segment profit (about 0.24B to 0.3B), so weaker PSG performance could dominate overall results.
  • Performance Coatings profit varies between reported and adjusted: The provided KPI set shows different Performance Coatings Group segment profit values (for example, reported and adjusted figures around 0.24B to 0.31B), which can complicate interpretation of underlying momentum.
Valuation — source: SEC EDGAR (first-party)
Price$346.62
Market Cap$84.16B
P/E Ratio30.6
EV / EBITDA24.2
Price / Book21.83
Price / Sales3.44
FCF Yield4.0%
DCF Value (model)$98.70
DCF Upside vs Price-71.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$23.57B
Net Margin10.9%
Revenue Growth (YoY)2.1%
EPS Growth (YoY)-2.9%
FCF Growth (YoY)27.4%
Financial Health — source: SEC EDGAR
Altman Z-Score3.77 (safe)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E30.6
Sector P/E (Consumer Discretionary)20.7
Industry P/E (Retail)19.8
vs Sector48.1%
vs Industry54.9%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($7.53B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorConsumer Discretionary
IndustryRetail
CEOHeidi G. Petz
Employees63,890
CountryUS
IPO Date1980-03-17

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SHW earnings history · SHW institutional & insider holders · SHW KPIs & operating metrics · SHW financials · SHW investor presentations & press releases · SHW SEC filings · SHW peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.