Sherwin-williams Company (the) · NYSE:SHW

Sherwin-williams Company (the) — The Sherwin-Williams Company — Q3 2025 Earnings Presentation

12 slides from Sherwin-williams Company (the)'s earnings presentation, Oct 28, 2025

  1. Slide 1: Q3 2025 Results

    Q3 2025 Results October 28, 2025

  2. Slide 2: Cautionary Statement Regarding Forward Looking Information

    CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION Certain statements contained in this presentation constitute “forward-looking statements” within the meaning of federal securities laws. These forward-looking statements are based upon management’s current expectations, predictions, estimate

  3. Slide 3: 3Q 2025 Financial Performance Overview

    3Q 2025 FINANCIAL PERFORMANCE OVERVIEW ($ in millions, 3Q 2025 3Q 2024 % Change  Consolidated sales increased at the high-end of guided except per share data) range – Paint Stores Group and Consumer Brands Sales $6,358.2 $6,162.5 3.2% Group were ahead of expectations, while Performance Coatings Gro

  4. Slide 4: Paint Stores Group (PSG)

    PAINT STORES GROUP (PSG)  Sales up 5.1%: price/mix (high end of +LSD) and volume (+LSD) – Delivered growth in all end markets despite continued demand choppiness – Protective and marine continued strong growth driven by strength in energy, water infrastructure, data centers and high-performance flo

  5. Slide 5: Consumer Brands Group (CBG)

    CONSUMER BRANDS GROUP (CBG)  Sales down 2.6% driven by soft DIY demand in North America and Latin America, partially offset by sales growth in Europe – Weak consumer confidence, continued inflation and macro-economic uncertainty contributing to soft demand  Segment profit decreased primarily due t

  6. Slide 6: Performance Coatings Group (PCG)

    PERFORMANCE COATINGS GROUP (PCG)  Sales up 1.7%: +LSD contributions from volume, FX and acquisitions partially offset by -LSD impacts from unfavorable price/mix  Sales +HSD in Europe and +LSD in North America; -LSD in Asia and -MSD in Latin America  Continued strong growth in Packaging led by sha

  7. Slide 7: Strong Financial Position

    STRONG FINANCIAL POSITION Operating Cash Flow ($ in millions) Near-Term Debt Maturities (1) ($ in millions) $1,307.6 $1,500 $1,074.7 $900 $800 $350 3Q 2024 3Q 2025 2025 2026 2027 2028 2029 Cash & Liquidity Position ($ in millions) Selected Financial Ratios 9/30/2025 9/30/2025 Cash $241.5 Total Debt

  8. Slide 8: Guidance

    GUIDANCE Fourth Quarter 2025 Updated Full Year 2025 Sales Sales  Up low to mid-single digit percentage  Up low-single digit percentage  Acquisitions add low-single digit percentage  Acquisitions add less than +1.0%  Segments  Segments  PSG: up low-single digit percentage  PSG: up low to mid-

  9. Slide 9: Appendix

    APPENDIX 3Q 2025 Results (October 28, 2025) 8

  10. Slide 10: Debt Summary

    DEBT SUMMARY AS OF SEPTEMBER 30, 2025 Maturities of Long-Term Debt 9/30/2025 $ in millions Balance Int. Rate USD $1,500 Short-Term: Domestic $ 1,549.5 4.66% EUR $1,250 Non-Domestic: 297.4 2.75% Total Short-Term Borrowings $ 1,846.9 4.35% Long-Term: $1,000 $900 10-year, 3.95% notes due 2026 350.0 3.9

  11. Slide 11: Regulation G Reconciliation

    REGULATION G RECONCILIATION ADJUSTMENTS TO SEGMENT PROFIT Three Months Ended September 30, 2025 Three Months Ended September 30, 2024 Paint Consumer Performance Paint Consumer Performance Stores Brands Coatings Stores Brands Coatings ($ in millions) Group Group Group Admin Consolidated Group Group G

  12. Slide 12: Regulation G Reconciliation

    REGULATION G RECONCILIATION ADJUSTED EPS and EBITDA Three Months Ended Three Months Ended September 30, 2025 September 30, 2024 Tax Tax Pre-Tax Effect (1) After-Tax Pre-Tax Effect (1) After-Tax Diluted net income per share $ 3.35 $ 3.18 Severance and other restructuring expenses $ 0.06 $ 0.02 0.04 $

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