Back to rankings

Sherwin-Williams Co (SHW)

Fair Value
Basic MaterialsSpecialty ChemicalsUnited States

Fundamental

55

Price

$323.27

Market Cap

$80.79B

Part 1 · What the company is worth

Overview

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paint, coatings, and related products to professional, industrial, commercial and retail customers. The company operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group. The Paint Stores Group segment offers architectural paint and coatings; protective and marine products; and OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners under the Sherwin-Williams brand. 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, including home centers and hardware stores, and dedicated dealers 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. This segment serves retailers, dealers, jobbers, licensees, and other third-party distributors. The company operates in North America, South America, the Caribbean, Europe, Asia, and Australia. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$24.41B

Trailing 12 months (through 6/30/2026)

Net Income

$2.69B

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$2.65B

Total Equity

$4.60B

Total Liabilities

$21.30B

Current Ratio

0.73

Interest Coverage

-

Debt/EBITDA

3.02

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

CyclicalFairly Valued

Fair Value

$284.20

Current Price

$323.27

Margin of Safety

-13.7%

Fair Value Range

$186.47 - $381.93

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$389.09
Discounted cash flow (DCF):Not applicable to this type of company
Earnings multiple (P/E):$270.08
Graham growth formula:Not applicable to this type of company
Earnings power value (EPV):$108.61
Justified P/B:Not applicable to this type of company
Dividend discount (Gordon):Not applicable to this type of company
P/FFO, funds from operations:Not applicable to this type of company
Mid-cycle earnings:$296.86
Revenue multiple:Not applicable to this type of company
Analyst Consensus:Buy (18B / 14H / 0S)
Last Earnings Surprise:+4.09%

Valuation Metrics

P/E Ratio

29.82

ROE

55.9%

P/B Ratio

20.36

P/FCF

24.42

Gross Margin

49.0%

ROIC

-

Profitability Radar

Value Creation (Economic Moat)

ROIC

-

WACC

9.1%

ROIC − WACC

-

Fundamental Analysis Criteria

Passed (15)

  • EPS shows upward trend
  • Price CAGR 13.70%
  • Gross Margin 49.0%
  • P/FCF 24.42
  • Positive Free Cash Flow
  • CapEx intensity
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 62.1%
  • Revenue Growth 5Y 5.1%
  • Analyst Consensus 56% Buy
  • Earnings Surprise avg 3.2%
  • Earnings Quality (OCF/NI) 1.45
  • Share Dilution -1.5%
  • Piotroski F-Score 7/9

Failed (9)

  • EPS CAGR 4.43%
  • P/B Ratio 20.36
  • Debt/Equity ratio
  • Current Ratio
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • PEG Ratio 4.31
  • Net Margin Trend 11.0% vs 11.0%

Unavailable (4)

  • ROIC NaN%
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Interest Coverage

Piotroski F-Score

7/9

Strong financial health

score
criteria

Earnings Quality

1.45

High quality: earnings backed by cash

Share Dilution

-1.5%

Buying back shares. Shareholder friendly

Institutional Holdings

Governance

Executive Team

NameTitleAge
Ms. Heidi G. PetzChairman, CEO & President50
Ms. Mary L. GarceauSenior VP, Chief Legal Officer & Secretary52
Mr. Justin T. BinnsPresident of Global Architectural49
Mr. Karl J. JorgenrudPresident of Global Industrial48
Mr. Benjamin E. MeisenzahlSenior VP of Finance & CFO43
Mr. J. Paul LangSenior VP of Enterprise Finance & Chief Accounting Officer48
Mr. James R. JayeSenior Vice President of Investor Relations & Corporate Communications-
Karl SchmittSenior Vice President of Marketing-
Ms. Marlena K. BoyceSVP & Chief Human Resources Officer46
Mr. Bryan J. YoungSenior Vice President of Corporate Strategy & Development49

Audit Risk

8

Board Risk

6

Compensation Risk

6

Shareholder Rights Risk

5

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-02-19

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-07-28

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-09-29

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Latest News

Recent headlines for SHW, sourced from Markets Gazette.

  • 4/28/2026POSITIVE
    Sherwin-Williams Sales Jump Most Since 2023 on Forex Tailwinds

    Sherwin-Williams Co. reported a significant surge in sales, marking the strongest growth in three years. This impressive performance was primarily driven by robust demand from the industrial sector, which more than compensated for weaker sales in the DIY segment within North America. Additionally, favorable foreign exchange rates provided a substantial tailwind, boosting the company's international earnings when translated back into U.S. dollars. Investors will be watching to see if the industrial strength can sustain momentum and if the company can navigate the ongoing softness in consumer-driven DIY markets.

  • 4/28/2026NEUTRAL
    Sherwin-Williams Sees Input Costs Rising After Sales Beat

    Sherwin-Williams Co. reported first-quarter results that surpassed sales expectations, aided by favorable currency movements. However, the company issued a cautionary note regarding potential headwinds from rising input costs later in the year. This dual outlook presents a mixed picture for investors: while recent performance is strong, future profitability could be pressured by increasing raw material and operational expenses. The company's ability to manage these cost pressures will be crucial for sustained performance.

via Markets Gazette