Sherwin-Williams Q3 Sales Rise 7.9% to $6.86B as Margins Squeezed
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Cleveland – – October 28, 2026 -- Sherwin-Williams (NYSE: SHW) lifted third-quarter consolidated net sales 7.9% to $6.86 billion, but net income fell 1.5% to $821.0 million, or 12.0% of sales, as raw material and supply chain costs weighed on margins.
Diluted earnings per share rose 0.9% to $3.38 from $3.35. Adjusted diluted EPS gained 1.1% to $3.63 from $3.59. EBITDA increased 3.4% to $1.39 billion, or 20.3% of sales, while adjusted EBITDA rose 3.3% to $1.40 billion, or 20.5% of sales.
Price increases and Suvinil acquisition drive sales growth
Selling price increases added a mid-single-digit percentage to net sales. The October 2025 acquisition of Suvinil also contributed, and all three reportable segments grew. Net sales at Paint Stores Group stores open more than twelve months rose 3.9%.