Q4 25 EPS
$2.23
BEAT +3.24%
Est. $2.16
Q4 25 Revenue
$5.60B
BEAT +0.83%
Est. $5.55B
vs S&P Since Q4 25
-13.9%
TRAILING MARKET
SHW -9.8% vs S&P +4.1%
Full Year 2025 Results
FY 25 EPS
$11.43
BEAT +0.49%
Est. $11.37
FY 25 Revenue
$23.57B
BEAT +0.20%
Est. $23.53B
Market Reaction
Did SHW Beat Earnings? Q4 2025 Results
Sherwin-Williams closed out fiscal 2025 on a solid note, posting Q4 adjusted diluted EPS of $2.23 against a consensus estimate of $2.16, a beat of 3.24%, while revenue of $5.60 billion topped the $5.55 billion estimate and grew 5.6% year-over-year. T… Read more Sherwin-Williams closed out fiscal 2025 on a solid note, posting Q4 adjusted diluted EPS of $2.23 against a consensus estimate of $2.16, a beat of 3.24%, while revenue of $5.60 billion topped the $5.55 billion estimate and grew 5.6% year-over-year. The single biggest driver behind the quarter's top-line strength was the first full period of contributions from the Suvinil acquisition, which alone added $164.50 million, or 3.1 percentage points of that revenue gain. Paint Stores Group complemented the picture with segment profit margins expanding to 20.8% from 19.9%, even as residential volumes remained under modest pressure. For the full year, the company recorded record net sales of $23.57 billion and record adjusted EPS of $11.43, while returning $2.45 billion to shareholders and raising its dividend for the 47th consecutive year. Looking to 2026, management framed guidance of $11.50 to $11.90 in adjusted EPS against a backdrop it described as a "softer-for-longer" demand environment, with analysts currently maintaining a moderate buy consensus on the stock.
Key Takeaways
- • Selling price increases in Paint Stores Group drove mid-single digit net sales impact
- • Suvinil acquisition contributed $164.5 million (3.1%) to consolidated revenue growth
- • Protective & marine end market grew at high-single digit percentage in PSG
- • Residential repaint and commercial grew at low-single digit percentage in PSG
- • Packaging sub-segment grew high-single digits in Performance Coatings Group
- • Favorable foreign currency translation contributed 2.6% to PCG sales growth
- • Effective cost control and SG&A growth held to low-single digit range
- • Previously announced restructuring efforts continued to yield savings
SHW YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
SHW Revenue by Segment
With YoY comparisons, source: SEC Filings
“Sherwin-Williams delivered strong fourth quarter results driven by solid core performance amid continued demand choppiness, and inclusive of the first full quarter of the Suvinil acquisition. Consolidated Net sales were at the high end of our guidance, adjusted EBITDA improved by a low-teens percentage and adjusted diluted net income per share increased by a mid-single digit percentage.”
— Heidi G. Petz, Q4 2025 Earnings Press Release
SHW Earnings Trends
SHW vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SHW EPS Trend
Earnings per share: estimate vs actual
SHW Revenue Trend
Quarterly revenue: estimate vs actual
SHW Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $2.35 | — | $5.67B | — |
| Q4 25 BEAT FY | $2.16 | $2.23 | +3.24% | $5.60B | +0.83% |
| FY Full Year | $11.37 | $11.43 | +0.49% | $23.57B | +0.20% |
| Q3 25 BEAT | $3.44 | $3.59 | +4.38% | $6.36B | +2.60% |
| Q2 25 MISS | $3.81 | $3.38 | -11.38% | $6.31B | +0.19% |
| Q1 25 BEAT | $2.16 | $2.25 | +4.12% | $5.31B | -1.85% |