The Sherwin-Williams Company (NYSE:SHW) reported robust first-quarter 2026 financial results on Tuesday, April 28, 2026, driven by strategic acquisitions and favorable currency movements.
The Cleveland-based coatings leader posted net sales of $5.67 billion, a 6.8% increase compared to the same period last year.
Profitability metrics followed a similar upward trajectory, with net income rising 6.1% to $534.7 million.
Diluted earnings per share stood at $2.15, while adjusted diluted EPS—which excludes acquisition-related costs—reached $2.35, a 4.4% year-over-year increase.
EBITDA for the quarter rose to $998.2 million, representing a healthy 17.6% of sales.
The quarter’s performance was significantly influenced by the inclusion of Suvinil, the South American decorative paint brand acquired in October 2025.
This expansion into emerging markets, coupled with favorable foreign currency translation, helped offset a slight uptick in selling, general, and administrative (SG&A) expenses.
Additionally, the company continued to implement cost-saving initiatives to mitigate the impact of ongoing raw material price volatility.
Following the quarter's performance, the company reaffirmed its full-year 2026 guidance, projecting diluted EPS in the range of $10.70 to $11.10 and adjusted diluted EPS between $11.50 and $11.90.