SHWThe Sherwin-Williams Company

$83B

Q3 2025 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$6.4B+3.2% YoY

Gross Profit

$3.1B49.2% margin

Operating Income

$1.2B18.4% margin

Net Income

$833M13.1% margin

EPS (Diluted)

$3.35

QoQ Revenue Growth

+0.7%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.1B

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$26.2B

Total Liabilities

$21.8B

Stockholders' Equity

$4.4B

Cash & Equivalents

$242M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.4B	$6.2B	+3.2%
Gross Profit	$3.1B	$3.0B	+3.2%
Operating Income	$1.2B	$1.1B	+3.7%
Net Income	$833M	$806M	+3.3%

Revenue Segments

Paint Stores Group

$3.8B49%

Consumer Group

$2.2B29%

Global Finishes Group

$1.8B22%

Geographic Segments

Non-US

$1.1B100%

SHW Q3 2025 Earnings — The Sherwin-Williams Company Revenue & Financial Results | Market Cap Arena