Sherwin-Williams earnings date and guidance
Sherwin-Williams reports third-quarter results on October 27, 2026. Sherwin-Williams must show that the September price increase is holding in realized pricing while volume holds and raw-material pressure eases.
What has Sherwin-Williams guided for 2026?
Management guides 2026 diluted EPS to $10.92–$11.32. Adjusted diluted EPS is $11.80–$12.20. The adjusted figure excludes selected expenses, including acquisition-related amortization and severance. Planned 2026 capital spending is $550.0 million. The September 1 Paint Stores price increase must prove durable in realized pricing and volume.
| The period guided | Low | High | The date it was given | |
|---|---|---|---|---|
| Diluted net income per share | Year to Dec 2026 | 10.92 | 11.32 | Jul 28, 2026 |
| Adjusted diluted net income per share | Year to Dec 2026 | 11.80 | 12.20 | Jul 28, 2026 |
| Capital expenditures | Year to Dec 2026 | 550.0 | 550.0 | Jul 28, 2026 |
What this means. The adjusted diluted net income per share is higher because it removes acquisition and restructuring costs from the company’s reported profit.
Did Sherwin-Williams keep its employee promise?
Employee promises provide a second test. Sherwin normally matched all employee contributions up to 6% of eligible pay. It paused that payment on October 1, 2025, and restored it on February 1, 2026. The company later contributed approximately US$36 million to make up the paused 2025 amount. That restored the benefit, but the evidence does not show how many layoffs the suspension prevented.
What have Sherwin-Williams results shown over the last eight quarters?
Revenue rose 7.5% to $6,789.3 million. Operating income increased 11.9% to $1,230.9 million, while net income increased 11.8% to $843.6 million. Gross margin slipped from 49.4% to 49.2%, so the improvement came from better control of expenses and other operating items rather than from production margin alone.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6,789.3 | 5,666.9 | 5,595.9 | 6,358.2 | 6,314.5 | 5,305.7 | 5,297.2 | 6,162.5 |
| Operating income | 1,230.9 | 804.6 | 778.7 | 1,177.4 | 1,100.4 | 756.4 | 698.2 | 1,133.1 |
| Net income | 843.6 | 534.7 | 476.8 | 833.1 | 754.7 | 503.9 | 480.1 | 806.2 |
| EPS, diluted | 3.43 | 2.15 | 1.92 | 3.35 | 3.00 | 2.00 | 1.90 | 3.18 |
What this means. The revenue figures from October 2025 onward include Suvinil, so the earlier and later quarters are not perfectly comparable.
What should Sherwin-Williams watchers look for next?
Sherwin-Williams will report third-quarter results on October 27, 2026. September’s price increase affected only the final month of that quarter, so investors should compare realized pricing with gallons sold and raw-material costs. Higher sales dollars alone will not prove that the increase protected profit.
The important signals are therefore broader than revenue and earnings: price realization, operating cash, the pace of buybacks, and any development that makes a legal or environmental obligation measurable. Together they will show whether Sherwin-Williams can pay for what comes next while keeping its financial room to act.