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Earnings Score 45 Bullish

Sherwin-Williams Reports Q1 Growth with Revenue Climbing to $5.67 Billion

Apr 28, 2026 11:09 UTC
SHW
Short term

Sherwin-Williams Co (SHW) posted an increase in both revenue and earnings for the first quarter of 2026. The company provided full-year EPS guidance ranging from $11.50 to $11.90.

  • Q1 GAAP earnings rose to $534.7 million
  • Earnings per share increased to $2.15 from $2.00
  • Revenue grew 6.8% to $5.666 billion
  • Adjusted EPS reported at $2.35
  • Full-year EPS guidance projected between $11.50 and $11.90

Sherwin-Williams Co (SHW) has reported a positive start to the 2026 fiscal year, with first-quarter earnings and revenue both exceeding the figures recorded during the same period last year. The results indicate steady demand across the company's core paint and coatings segments. Financial performance for the quarter showed a clear upward trend. GAAP earnings reached $534.7 million, translating to $2.15 per share, compared to $503.9 million or $2.00 per share in the prior year. On an adjusted basis, the company reported earnings of $2.35 per share for the period. Top-line growth was equally robust, with revenue rising 6.8% to $5.666 billion, up from $5.305 billion in the first quarter of the previous year. This growth suggests a resilient appetite for the company's product offerings despite broader economic fluctuations. Looking ahead, the company has established a full-year earnings per share guidance of between $11.50 and $11.90. This outlook reflects management's confidence in sustained operational performance and market positioning throughout the remainder of the fiscal year.

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