Sherwin-williams Company (the) · NYSE:SHW

Sherwin-williams Company (the) — The Sherwin-Williams Company — Q2 2025 Earnings Presentation

13 slides from Sherwin-williams Company (the)'s earnings presentation, Jul 22, 2025

  1. Slide 1: Q2 2025 Results

    SHERWIN-VVILLIAMS. Q2 2025 Results July 22, 2025

  2. Slide 2: Forward-Looking Statements

    FORWARD-LOOKING STATEMENTS 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, estimates, assumptions and beliefs conce

  3. Slide 3: 2Q 2025 Financial Performance Overview

    2Q 2025 FINANCIAL PERFORMANCE OVERVIEW ($ in millions,  Consolidated sales within guidance range – growth in Paint 2Q 2025 2Q 2024 % Change except per share data) Stores Group offset by continued softness in Consumer Brands Group and Performance Coatings Group Sales $6,314.5 $6,271.5 0.7%  Gross m

  4. Slide 4: Paint Stores Group (PSG)

    PAINT STORES GROUP (PSG)  Sales up 2.3%: +MSD contribution from price/mix, volume -LSD – Protective and marine strongest growth; driven by energy and high- performance flooring – Residential repaint continued above market performance led by continued growth investments – New residential and commerc

  5. Slide 5: Consumer Brands Group (CBG)

    CONSUMER BRANDS GROUP (CBG)  Sales down 4.1% driven by soft DIY demand in North America and an approximate 2% impact from unfavorable FX in Latin America, partially offset by sales growth in Europe – Soft existing home sales, lower consumer confidence and geopolitical dynamics contributing to conti

  6. Slide 6: Performance Coatings Group (PCG)

    PERFORMANCE COATINGS GROUP (PCG)  Sales decreased 0.3%: -LSD impacts from unfavorable price/mix nearly fully offset by +LSD contribution from acquisitions and slightly positive contributions from volume  Sales +MSD in Europe and +LSD in Asia and Latin America; sales -LSD in North America  Strong

  7. Slide 7: Strong Financial Position

    STRONG FINANCIAL POSITION Operating Cash Flow ($ in millions) Near-Term Debt Maturities (1) ($ in millions) $1,202.9 $1,500 $1,112.6 $800 $800 $350 $400 2Q 2025 2Q 2024 2025 2026 2027 2028 2029 Cash & Liquidity Position ($ in millions) Selected Financial Ratios 6/30/2025 6/30/2025 Cash $269.8 Total

  8. Slide 8: Guidance

    GUIDANCE Third Quarter 2025 Updated Full Year 2025 Sales Sales  Up or down low-single digit percentage  Up or down low-single digit percentage  Foreign exchange: less than -1.0%  Segments  Segments  PSG: up low-single digit percentage  PSG: up low-single digit percentage  CBG: down mid to hi

  9. Slide 9: Updated 2025 Guidance

    UPDATED 2025 GUIDANCE ADDITIONAL DETAILS & KEY COMPONENTS Updated 2025 Sales Guidance Current Economic Backdrop – SOFTER FOR LONGER Price / Acq. / Total  Home Mortgage Rates: Remain elevated near 7%; greater than 60% of Volume FX Mix Div. Sales outstanding mortgages are less than 4%. In June, Fanni

  10. Slide 10: Appendix

    APPENDIX 2Q 2025 Results (July 22, 2025) 9

  11. Slide 11: Debt Summary

    DEBT SUMMARY AS OF JUNE 30, 2025 Maturities of Long-Term Debt 6/30/2025 $ in millions Balance Int. Rate USD $1,500 Short-Term: Domestic $ 1,695.1 4.62% EUR $1,250 Non-Domestic 11.6 2.97% Total Short-Term Borrowings $ 1,706.7 4.61% Long-Term: 10-year, 3.45% notes due 2025 400.0 3.45% $800 $800 3-year

  12. Slide 12: Regulation G Reconciliation: Adjustments to Segment Profit

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

  13. Slide 13: Regulation G Reconciliation: Adjusted EPS and EBITDA

    REGULATION G RECONCILIATION ADJUSTED EPS and EBITDA Three Months Ended Three Months Ended June 30, 2025 June 30, 2024 Tax Tax Pre-Tax Effect (1) After-Tax Pre-Tax Effect (1) After-Tax Diluted net income per share $ 3.00 $ 3.50 Severance and other restructuring expenses $ 0.23 $ 0.05 0.18 $ - $ - - A

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