Sherwin-williams Company (the) · NYSE:SHW

Sherwin-williams Company (the) — The Sherwin-Williams Company — Q1 2025 Earnings Presentation

12 slides from Sherwin-williams Company (the)'s earnings presentation, Apr 29, 2025

  1. Slide 1: Q1 2025 Results

    Q1 2025 Results April 29, 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: 1Q 2025 Financial Performance Overview

    1Q 2025 FINANCIAL PERFORMANCE OVERVIEW ($ in millions,  Consolidated sales within guidance range – growth in except per share data) 1Q 2025 1Q 2024 % Change Paint Stores Group offset by softness in Consumer Brands Group and Performance Coatings Group Sales $5,305.7 $5,367.3 -1.1%  Gross margin exp

  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; continued solid pipeline of projects – Residential repaint above market performance led by prior growth investments – New residential growth driven by new account growth

  5. Slide 5: Consumer Brands Group (CBG)

    CONSUMER BRANDS GROUP (CBG)  Sales down 6.0%: greater than half of the decrease was due to unfavorable FX with the remainder driven primarily by soft DIY demand in North America – North America sales soft – DIY consumer remains under pressure – Latin America sales decline driven by mid-teens unfavo

  6. Slide 6: Performance Coatings Group (PCG)

    PERFORMANCE COATINGS GROUP (PCG)  Sales decreased 4.8%: -LSD impacts from unfavorable FX, price/mix and volume partially offset by +LSD contribution from acquisitions  Sales declined in all regions: -MSD in Europe and North America, -LSD in Asia and Latin America  Sales growth led by Packaging: r

  7. Slide 7: Strong Financial Position

    STRONG FINANCIAL POSITION Operating Cash Flow (1) ($ in millions) Near-Term Debt Maturities (2) ($ in millions) $1,500 $800 $800 $350 $400 ($61.1) ($58.9) 1Q 2025 1Q 2024 2025 2026 2027 2028 2029 Cash & Liquidity Position ($ in millions) Selected Financial Ratios 3/31/2025 3/31/2025 Cash $199.8 Tota

  8. Slide 8: Guidance

    GUIDANCE Second Quarter 2025 Full Year 2025 Sales Sales  Up low-single digit percentage  Up or down low-single digit percentage  Foreign exchange: approximately -1.0%  Segments  Segments  PSG: up low-single digit percentage  PSG: up low to mid-single digit percentage  CBG: flat to down low-s

  9. Slide 9: Appendix

    APPENDIX 1Q 2025 Results (April 29, 2025) 8

  10. Slide 10: Debt Summary

    DEBT SUMMARY AS OF MARCH 31, 2025 Maturities of Long-Term Debt 3/31/2025 $ in millions Balance Int. Rate USD $1,500 Short-Term: Domestic $ 1,782.2 4.58% EUR $1,250 Non-Domestic 16.3 3.08% Total Short-Term Borrowings $ 1,798.5 4.57% Long-Term: 10-year, 3.45% notes due 2025 400.0 3.45% $800 $800 3-yea

  11. Slide 11: Regulation G Reconciliation

    REGULATION G RECONCILIATION ADJUSTMENTS TO SEGMENT PROFIT Three Months Ended March 31, 2025 Three Months Ended March 31, 2024 Paint Consumer Performance Paint Consumer Performance Stores Brands Coatings Stores Brands Coatings ($ in millions) Group Group Group Admin Consolidated Group Group Group Adm

  12. Slide 12: Regulation G Reconciliation

    REGULATION G RECONCILIATION ADJUSTED EPS and EBITDA Three Months Ended Three Months Ended March 31, 2025 March 31, 2024 Tax Tax Pre-Tax Effect (1) After-Tax Pre-Tax Effect (1) After-Tax Diluted net income per share $ 2.00 $ 1.97 Severance and other restructuring expenses $ 0.08 $ 0.02 0.06 $ - $ - -

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