Sherwin Williams forecasts 2026 adjusted EPS of $11.85-$12.15
SHW•Sherwin Williams forecasts 2026 adjusted EPS of $11.85-$12.15 and GAAP EPS of $10.92-$11.22, with full-year sales expected to rise by a mid- to high-single-digit percentage. Third-quarter sales increased 7.9% to $6.86 billion, while gross margin fell 140 basis points to 47.8%.
1. 2026 outlook
Sherwin Williams forecasts 2026 adjusted earnings of $11.85-$12.15 per share and GAAP earnings of $10.92-$11.22 per share. Full-year sales are expected to rise by a mid- to high-single-digit percentage, including a low-single-digit contribution from acquisitions; fourth-quarter sales are forecast to increase by a mid-single-digit percentage.
2. Quarterly results and costs
Third-quarter sales rose 7.9% to $6.86 billion, while gross margin fell 140 basis points to 47.8%, reflecting higher costs and acquisition dilution. Raw material costs are expected to rise by a mid-single-digit percentage from the prior year.
