Skip to Content
Morningstar

Sherwin-Williams Co SHW

Morningstar Rating
Unlock
Stock XNYS Rating as of
$306.45 +1.64 (0.54%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Sherwin-Williams Earnings: Resilient Residential Repaint Offsets Industrial Headwinds

Spencer Liberman

Wide-moat Sherwin-Williams reported first-quarter earnings that came with few surprises as the company navigated challenging architectural end markets in the US. Weakness in industrial end markets has continued to weigh on Sherwin’s performance coatings business, a trend that could persist through the remainder of the year. Nevertheless, we expect Sherwin to maintain strong momentum in residential repaint while growth in single family housing starts should drive additional sales. As such, we've increased our fair value estimate to $219 from $214 per share.

Read Full Report

Price vs Fair Value

View History
SHW is trading at a 45% premium.
Price
$309.26
Fair Value
$878.00
Uncertainty
Medium
1-Star Price
$833.60
5-Star Price
$415.30
Economic Moat
Pjxbw
Capital Allocation
Dnsnyydkkx

Bulls Say, Bears Say

Bulls

Professional painters have favored Sherwin products for decades, leading to strong brand loyalty and pricing power.

Bears

Residential repainting surged during the COVID-19 pandemic, which could result in a near-term glut.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if SHW is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$304.81
Day Range
$305.90–309.91
52-Week Range
$221.76–348.37
Bid/Ask
$306.00 / $307.00
Market Cap
$77.87 Bil
Volume/Avg
1.8 Mil / 1.4 Mil

Key Statistics

Price/Earnings (Normalized)
29.50
Price/Sales
3.43
Dividend Yield (Trailing)
0.83%
Dividend Yield (Forward)
0.93%
Total Yield
2.68%

Company Profile

Sherwin-Williams is the largest provider of architectural paint in the United States. The company has over 5,000 stores and sells premium paint at higher price points than most competitors. Sherwin-Williams also sells paint-related products in big-box stores and provides coatings for original equipment manufacturers.
Sector
Basic Materials
Industry
Specialty Chemicals
Stock Style Box
Large Core
Total Number of Employees
64,088
Website
https://www.sherwin-williams.com

Competitors

Valuation

View More
Metric
SHW
MAS
PPG
Price/Earnings (Normalized)
 29.5017.6916.76
Price/Book Value
 22.22—3.82
Price/Sales
 3.431.981.69
Price/Cash Flow
 21.3113.0614.74
Price/Earnings
SHW
MAS
PPG

Financial Strength

Metric
SHW
MAS
PPG
Quick Ratio
 0.411.020.96
Current Ratio
 0.831.741.47
Interest Coverage
 8.3912.987.51
Quick Ratio
SHW
MAS
PPG

Profitability

Metric
SHW
MAS
PPG
Return on Assets (Normalized)
 11.15%16.54%8.42%
Return on Equity (Normalized)
 73.63%—24.67%
Return on Invested Capital (Normalized)
 18.14%28.32%12.67%
Return on Assets
SHW
MAS
PPG
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Specialty Chemicals Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
LIN
Linde PLCBgcjrytzBrr$213.4 Bil
ECL
Ecolab IncXszpcmvmflHdqk$62.8 Bil
APD
Air Products & Chemicals IncRxzykmmnbnKnzt$52.2 Bil
LYB
LyondellBasell Industries NV Class AJtntcbtJxjvnl$32.4 Bil
DD
DuPont de Nemours IncDztjgyvywLttcq$30.8 Bil
PPG
PPG Industries IncBgqmvtdZlfzp$30.5 Bil
IFF
International Flavors & Fragrances IncDcznrxxsQlc$21.5 Bil
ALB
Albemarle CorpXvftbbtwDqnvx$13.7 Bil
SQM
Sociedad Quimica Y Minera De Chile SA ADRJvsxphkpVgqnykg$12.3 Bil

Sponsor Center