Sherwin-Williams Q4 revenue up 5.6%, beats estimates

Sherwin-Williams

29/01/2026 12:10

Overview

Paint and coatings firm's Q4 revenue rose 5.6%, beating analyst expectations

Adjusted EPS for Q4 increased 6.7%, surpassing analyst estimates

Suvinil acquisition contributed $164.5 mln to Q4 revenue

Outlook

Sherwin-Williams expects 2026 net sales to rise by low to mid-single digit %

Company forecasts 2026 adjusted EPS between $11.50 and $11.90

Sherwin-Williams anticipates softer demand environment into second half of 2026

Result Drivers

SUVINIL ACQUISITION - Suvinil acquisition added $164.5 mln to Q4 revenue, contributing 3.1% of the increase

PRICE INCREASES - Paint Stores Group sales rose due to mid-single digit price increases, despite a low-single digit volume decrease

PACKAGING GROWTH - Performance Coatings Group saw high-single digit growth in Packaging, offsetting other declines

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$5.60 bln
$5.54 bln (18 Analysts)
Q4 Adjusted EPS
Beat
$2.23
$2.16 (21 Analysts)
Q4 EPS
$1.92


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 12 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commodity chemicals peer group is "buy"

Wall Street's median 12-month price target for Sherwin-Williams Co is $392.50, about 12.3% above its January 28 closing price of $349.60

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 28 three months ago

Press Release: ID:nPnbWZ9t5a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)