SHERWIN WILLIAMS CO reported first quarter ended March 31, 2026 results: revenue $5,666.9 million, net income $534.7 million, EPS $2.15 per share. Guidance reaffirmed.
“the first quarter ended March 31, 2026. All comparisons are to the first quarter of the prior year, unless otherwise noted. SUMMARY • Consolidated Net sales increased 6.8% to $5.67 billion in the quarter ◦ Net sales from stores in the Paint Stores Group open more than twelve calendar months increased 2.4% in the quarter • Diluted net income per share increased 7.5%”
Debt Financings
SHERWIN WILLIAMS CO amended credit facility of $75,000,000 with Citicorp USA, Inc. maturing December 20, 2030.
“Amendment No. 1 amends that certain Amended and Restated Credit Agreement, dated as of November 17, 2025 (the “Credit Agreement”), among Sherwin-Williams, CUSA, as administrative agent and issuing bank, and the lenders party thereto. The primary purpose of Amendment No. 1 is to extend the maturity of $75,000,000 of the commitments available for borrowing and issuing letters of credit under the Credit Agreement from June 20, 2026 to December 20, 2030.”
Material Agreements
SHERWIN WILLIAMS CO amended Amendment No. 1 to the Amended and Restated Credit Agreement with Citicorp USA, Inc. (effective 2026-02-09).
“On February 9, 2026, The Sherwin-Williams Company (“Sherwin-Williams”) entered into that certain Amendment No. 1 to the Amended and Restated Credit Agreement (“Amendment No. 1”) with Citicorp USA, Inc. (“CUSA”), as administrative agent and issuing bank, and the lenders party thereto.”
Debt Financings
SHERWIN WILLIAMS CO incurred term loan of €250 million with Citibank, N.A., as administrative agent maturing 364-day.
“(“SW Luxembourg”) entered into a 364-day senior unsecured delayed draw Term Loan Credit Agreement (the “DDTL Credit Agreement”) with the lenders party thereto and Citibank, N.A., as administrative agent. The DDTL Credit Agreement provided for (i) a $750 million US dollar-denominated senior unsecured delayed draw term loan tranche (the “USD DDTL Tranche”) with the Company, as borrower, and (ii) a €250 million Euro-denominated senior unsecured delayed draw term loan tranche (the “EUR DDTL Tranche”) with SW Luxembourg, as borrower.”
Debt Financings
SHERWIN WILLIAMS CO incurred term loan of $750 million with Citibank, N.A., as administrative agent maturing 364-day.
“On September 25, 2025, the Company borrowed $750 million under the USD DDTL Tranche”
Debt Financings
SHERWIN WILLIAMS CO amended revolving credit of Not changed (Existing Revolving Credit Agreement principal amount not disclosed) with Citibank, N.A., as administrative agent at Removed credit spread adjustment with respect to Term SOFR; modified pricing gri maturing Extended from July 31, 2029 to August 8, 2030.
“The Revolver Amendment, among other things, (i) extends the maturity date of the Existing Revolving Credit Agreement from July 31, 2029 to August 8, 2030, (ii) removes the credit spread adjustment with respect to Term SOFR (as defined in the Revolving Credit Agreement) and (iii) modifies the pricing grid.”
Debt Financings
SHERWIN WILLIAMS CO incurred term loan of $750,000,000 USD delayed draw term loan and €250,000,000 delayed draw term loan with Citibank, N.A., as administrative agent at Not specified (senior unsecured; terms subject to pricing grid, no explicit rate maturing 364 days from funding date (single draw available until October 31, 2025).
“Credit Agreement”) with the lenders party thereto and Citibank, N.A., as administrative agent (the “DDTL Administrative Agent”). The DDTL Credit Agreement provides for (i) a $750 million US dollar-denominated senior unsecured delayed draw term loan tranche (the “USD DDTL Tranche”) with the Company, as borrower, and (ii) a €250 million Euro-denominated senior”
J. Paul Lang was elected as SVP – Enterprise Finance & Chief Accounting Officer at SHERWIN WILLIAMS CO.
“On November 14, 2024, the Board elected J. Paul Lang, age 48, to serve as SVP – Enterprise Finance & Chief Accounting Officer of Sherwin-Williams, effective January 1, 2025.”
Jane M. Cronin retired as Senior Vice President – Enterprise Finance at SHERWIN WILLIAMS CO.
“On November 13, 2024, Jane M. Cronin, Senior Vice President – Enterprise Finance (principal accounting officer) (“SVP – Enterprise Finance”) of Sherwin-Williams, notified Sherwin-Williams of her decision to retire from her position as SVP – Enterprise Finance, effective as of the close of business on December 31, 2024.”
Heidi G. Petz was elected as Chair of the Board at SHERWIN WILLIAMS CO.
“On November 14, 2024, the Board elected Heidi G. Petz, currently President and Chief Executive Officer, and a director of Sherwin-Williams, to serve in the additional position of Chair of the Board, effective January 1, 2025.”
John G. Morikis retired as Executive Chairman at SHERWIN WILLIAMS CO.
“On November 13, 2024, John G. Morikis, Executive Chairman of the Board of Directors (the “Board”) of The Sherwin-Williams Company (“Sherwin-Williams”), notified Sherwin-Williams of his decision to retire from his position as Executive Chairman, effective as of the close of business on December 31, 2024.”
Earnings Releases
SHERWIN WILLIAMS CO reported first quarter ended March 31, 2024 results: revenue $5.37 billion, EPS $1.97 per share. Guidance reaffirmed.
“ended March 31, 2024. All comparisons are to the first quarter of the prior year, unless otherwise noted. SUMMARY • Consolidated net sales decreased 1.4% in the quarter to $5.37 billion ◦ Net sales from stores in the Paint Stores Group open more than twelve calendar months were approximately flat in the quarter • Diluted net income per share increased 7.1% to”
Shareholder Votes
SHERWIN WILLIAMS CO shareholders approved Shareholder proposal to adopt a simple majority vote at the 2024-04-17 meeting.
“Proposal 4 . The shareholders approved a shareholder proposal to adopt a simple majority vote.”
Shareholder Votes
SHERWIN WILLIAMS CO shareholders approved Ratification of Ernst & Young LLP as independent auditor for 2024 at the 2024-04-17 meeting.
“Proposal 3 . The shareholders approved the ratification of the appointment of Ernst & Young LLP as Sherwin-Williams' independent registered public accounting firm for 2024.”
Shareholder Votes
SHERWIN WILLIAMS CO shareholders approved Advisory approval of named executive officer compensation at the 2024-04-17 meeting.
“Proposal 2 . The shareholders approved, on an advisory basis, the compensation of the named executive officers.”
Shareholder Votes
SHERWIN WILLIAMS CO shareholders approved Election of 11 nominees as directors at the 2024-04-17 meeting.
“Proposal 1 . The shareholders elected the following 11 nominees as directors of Sherwin-Williams to serve until the next Annual Meeting and until their successors are elected.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.