Q3 FY26 · Ended Sep 30, 2026 · View SEC filing
Sales grew, but pre-tax profit barely moved
Net sales rose 7.9%, yet product costs and interest grew faster, so almost none of the gain reached pre-tax income.
For investorsWhat has to happen for the gross margin to recover
For foundersOwning the factory and the shelf
Net income fell 1.45%, but buybacks shrank the diluted share count enough to lift earnings per share to $3.38.
The segment's plants ship more to the paint stores than to outside customers, so its reported sales understate its role.
Stores raised prices by a mid-single digit percentage and still grew volume, a sign buyers value the job over the can.
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Business Lens describes Sherwin-Williams from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
