---
schema_version: "secwatch.filing_event.v1"
accession: "0000089800-24-000011"
form_type: "8-K"
ticker: "SHW"
cik: "0000089800"
company_name: "SHERWIN WILLIAMS CO"
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:53:19.932627+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sherwin-Williams FY23 record sales $23.05B, adj EPS up 18.6%; guides FY24 adj EPS $10.85-$11.35

## Summary
- Full year 2023 net sales $23.05B (+4.1%); diluted EPS $9.25 (adjusted $10.35, +18.6% YoY).
- Q4 net sales $5.252B (+0.4%); diluted EPS $1.39 (adjusted $1.81, -4.2% YoY).
- Paint Stores Group same-store sales +2.1% in Q4; segment margin expanded to 19.3% from 17.2%.
- FY23 net operating cash $3.52B; returned $2.06B to shareholders via dividends and buybacks.
- FY24 guidance: adjusted diluted EPS $10.85-$11.35; low to mid-single-digit sales growth; 5% price increase in PSG effective Feb 1.

## SEC filing metadata
- accession: 0000089800-24-000011
- form_type: 8-K
- ticker: SHW
- cik: 0000089800
- company_name: SHERWIN WILLIAMS CO
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/89800/000008980024000011/0000089800-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/89800/000008980024000011/shw-20240125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000089800-24-000011
- JSON: https://secwatch.observer/filing/0000089800-24-000011.json
- Plain text: https://secwatch.observer/filing/0000089800-24-000011.txt

## Key facts
- Earnings Releases
  SHERWIN WILLIAMS CO reported the fourth quarter and year ended December 31, 2023 results: revenue $5,252.2, net income $474.0, EPS $1.39. Guidance reaffirmed.
  - Period: the fourth quarter and year ended December 31, 2023
  - Revenue: $5,252.2
  - Net income: $474.0
  - EPS: $1.39
  - Guidance: reaffirmed
  - Result: reported results
  source text: recent acquisitions and delivered strong adjusted segment margin.” FOURTH QUARTER CONSOLIDATED RESULTS Three Months Ended December 31, 2023 2022 $ Change % Change Net sales $ 5,252.2 $ 5,230.5 $ 21.7 0.4 % Income before income taxes $ 474.0 $ 494.9 $ (20.9) (4.2) % As a % of net sales 9.0% 9.5% Net income per share - diluted $ 1.39 $ 1.48 $ (0.09) (6.1) %
  evidence_url: https://www.sec.gov/Archives/edgar/data/89800/000008980024000011/0000089800-24-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.