Companies · SHW
Sherwin-Williams
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Latest analysis
Updated Nov 2, 2026
Sherwin-Williams expands credit facility with $75M additional commitments to November 2031.
Sherwin-Williams amended its credit agreement on November 2, 2026 to add $75 million in borrowing commitments maturing December 20, 2031. The amendment is a routine liquidity management action with no indication of new operational constraints or strategic shifts. This is a financing documentation event, not a business performance report.
Tone: neutralRevenue
$23.6B
SHW 10-K · FY 2025
Employees
64,249
Revenue FY2024
$23.1B
Founded
1866
Profile
SHW 10-K Item 1 · Feb 19, 2026Sherwin-Williams is a vertically integrated paint and coatings manufacturer founded in 1866, operating through three reportable segments: Paint Stores Group, Consumer Brands Group and Performance Coatings Group. The company develops, manufactures, distributes and sells paint, coatings and related products to professional, industrial, commercial and retail customers. Its geographic footprint spans North and South America, the Caribbean, Europe, Asia and Australia.
Read filing description ↓ Collapse description ↑
The Sherwin-Williams Company, founded in 1866 and incorporated in Ohio in 1884, is engaged in the development, manufacture, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America with additional operations in the Caribbean region, Europe, Asia and Australia. The Company is structured into three reportable segments. The Paint Stores Group consisted of 4,853 company-operated specialty paint stores in the United States, Canada and the Caribbean region at December 31, 2025, servicing architectural and industrial paint contractors and do-it-yourself homeowners. The Consumer Brands Group manufactures and distributes a broad portfolio of branded and private-label architectural paint, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks and adhesives to retailers, including home centers and hardware stores, dedicated dealers and distributors throughout North America, Latin America and Europe; it also operated 307 company-operated specialty paint stores in Latin America. The Performance Coatings Group develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish, protective and marine coatings, coil coatings, packaging coatings and performance-based resins and colorants worldwide, distributing through 317 company-operated branches, a direct sales staff and outside sales representatives. The Administrative function includes the administrative expenses and assets of the Company's global headquarters and research and development center, along with a real estate management unit.
Primary products
- architectural paint and coatings
- protective and marine products
- OEM product finishes
- stains
- varnishes
- industrial products
Business segments
End markets
Geographies
“We are a leading manufacturer and retailer of paint, coatings and related products to professional, industrial, commercial and retail customers, however, our competitive position varies for our different products and markets.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Consolidated net sales increased 2.1% in 2025 to $23.574 billion, primarily driven by higher net sales in the Paint Stores Group (up 3.2%) and Consumer Brands Group (up 1.9%), with Performance Coatings Group essentially flat.
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Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.