Sherwin-williams Company (the) · NYSE:SHW

Sherwin-williams Company (the) — The Sherwin-Williams Company — Q3 2026 Earnings Presentation

13 slides from Sherwin-williams Company (the)'s earnings presentation, Oct 27, 2026

  1. Slide 1: Q3 2026 Results

    Q3 2026 Results October 27, 2026

  2. Slide 2: Cautionary Statement Regarding Forward-Looking Information

    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION Certain statements contained in this presentation constitute “forward-looking statements” within the meaning of federal securities laws. These forward-looking statements are based upon management’s current expectations, predictions, estimate

  3. Slide 3: 3Q 2026 Financial Overview

    3Q 2026 FINANCIAL OVERVIEW  Consolidated sales grew at the high end of guidance; all three ($ in millions, except per share data) 3Q 2026 3Q 2025 Change reportable segments grew at or above guidance  Price/mix +MSD; acquisitions, volume and FX each +LSD Net Sales $6,860.0 $6,358.2 7.9%  Gross mar

  4. Slide 4: Paint Stores Group (PSG)

    PAINT STORES GROUP (PSG)  Sales grew 4.7%: price/mix (+MSD) and volume (+LSD)  Protective & Marine: growth driven by AI infrastructure, energy, water treatment and processing; 9th straight quarter of at least +HSD growth  Commercial: new business wins driving above-market growth; outperforming so

  5. Slide 5: Consumer Brands Group (CBG)

    CONSUMER BRANDS GROUP (CBG)  Sales grew 21.7%: acquisitions (+low 20s), price/mix (+LSD), FX (+LSD) and volume (-MSD)  North America: sales growth driven by new product offerings, favorable mix, and Pro-Who-Paints; DIY demand remains muted  Europe: sales growth reflects new business gains  Legac

  6. Slide 6: Performance Coatings Group (PCG)

    PERFORMANCE COATINGS GROUP (PCG)  Sales grew 8.8% and exceeded guidance: price/mix (+MSD), volume (+LSD), and FX (+LSD). Positive in all divisions & geographies.  General Industrial: growth includes robust volume led by strength in construction equipment and transportation  Packaging: growth incl

  7. Slide 7: Strong Financial Position

    STRONG FINANCIAL POSITION Operating Cash Flow ($ in millions) Near-Term Maturities of Long-Term Debt (1) ($ in millions) $1,613 $1,307.6 $1,104.5 $1,000 $900 $800 3Q 2025 3Q 2026 2026 2027 2028 2029 2030 Cash & Liquidity Position ($ in millions) Selected Financial Ratios 9/30/2026 9/30/2026 Cash $26

  8. Slide 8: Guidance

    GUIDANCE Fourth Quarter 2026 Updated Full Year 2026 Sales Sales  Up mid-single digit percentage  Up mid to high-single digit percentage  Inclusive of a low-single digit percentage from acquisitions  Segments  Segments  PSG: up mid-single digit percentage  PSG: up mid-single digit percentage 

  9. Slide 9: Updated 2026 Guidance: Additional Details

    UPDATED 2026 GUIDANCE ADDITIONAL DETAILS 4Q 2026 Sales Guidance Updated Full Year 2026 Sales Guidance Price / Acq. / Total Price / Acq. / Total Volume FX Volume FX Mix Div. Sales Mix Div. Sales Paint Stores Group +LSD +MSD NM NA +MSD Paint Stores Group +LSD +MSD NM NM +MSD +Mid- Consumer Brands Grou

  10. Slide 10: Appendix

    APPENDIX 3Q 2026 Results (October 27, 2026) 9

  11. Slide 11: Debt Summary

    DEBT SUMMARY AS OF SEPTEMBER 30, 2026 9/30/2026 Near Term Maturities of Long-Term Debt Balance Int. Rate Short-Term: $1,613 USD Domestic 2,353.6 4.34% Non-Domestic: - 0.00% EUR Total Short-Term Borrowings 2,353.6 4.34% $1,250 Long-Term: Revolving Credit Facility Borrowings - 4.21% $1,000 Term Loans

  12. Slide 12: Reconciliation of Non-GAAP Financial Measures: Adjustments to Segment Profit

    RECONCILIATION OF NON-GAAP FINANCIAL MEASURES ADJUSTMENTS TO SEGMENT PROFIT Three Months Ended September 30, 2026 Three Months Ended September 30, 2025 Paint Consumer Performance Paint Consumer Performance Stores Brands Coatings Stores Brands Coatings ($ in millions) Group Group Group Admin Consolid

  13. Slide 13: Reconciliation of Non-GAAP Financial Measures: Adjusted EPS, Free Cash Flow, EBITDA

    RECONCILIATION OF NON-GAAP FINANCIAL MEASURES ADJUSTED EPS, FREE CASH FLOW, FREE CASH FLOW CONVERSION, EBITDA & ADJUSTED EBITDA Three Months Ended Three Months Ended Three Months Ended September 30, 2026 September 30, 2025 ($ in millions) September 30, 2026 Tax Tax Pre-Tax Effect (1) After-Tax Pre-T

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