Sherwin-Williams Is Painting Over Housing Market Woes With Strategy & Scale; Will It Work?

Sherwin-Williams has emerged as one of the more resilient players in a housing market mired by high mortgage rates, weak affordability, and sluggish turnover. Despite the macroeconomic headwinds, the company’s stock has surged nearly 23% over the past 12 months and is outperforming the S&P 500 in 2025. This performance is backed not by housing strength, but by Sherwin-Williams’ ability to execute on pricing, grow market share, and deliver operational efficiencies amidst volatility. The company has expanded store count, improved margins, and maintained steady performance in key segments like residential repaint. Its latest earnings call revealed a commitment to SG&A discipline, supply chain optimization, and digital transformation. The firm is also doubling down on international expansion through its Suvinil acquisition in Brazil. While homebuilders temper expectations and consumer behavior remains cautious, Sherwin Williams is betting on long-term structural undersupply and a value proposition built around customer productivity and localized manufacturing.