Description
Sherwin-Williams’ Multi-Year Growth Story Is Taking Shape—And It’s Not Just About Paint!
Sherwin-Williams Company reported strong fourth-quarter and full-year 2025 results, although there were areas with mixed performance, reflecting the challenging operating environment the company navigated. The company’s consolidated sales in the fourth quarter increased by a mid-single-digit percentage, aided partly by the acquisition of Suvinil, which contributed to the sales boost. However, this also introduced some dilution to the gross margin, which, when excluding the acquisition, expanded slightly. From an operational perspective, Sherwin-Williams demonstrated effective cost control measures, with SG&A as a percentage of sales decreasing year-over-year. The company successfully increased its adjusted EBITDA by 13.4%, with an expansion in the EBITDA margin by 120 basis points, reaching 17.7%. Similarly, adjusted diluted net income per share experienced growth of 6.7%. The Paint Stores Group showed growth, particularly within its protective and marine segments, though residential repaint growth was slightly below expectations.
