AI-extracted from the 10-Q filed 2026-07-28 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q2 net sales rose 7.5% to $6.789B with all three segments growing, led by a 21.5% Consumer Brands gain from the Suvinil acquisition, lifting diluted EPS 14.3% to $3.43.
Protective and marinedouble-digit percentage increase
Led growth across professional customer end markets
Performance Coatings Group$1,913.8M+6.3% YoY
Selling price increases from product mix, low-single digit volume growth and 2.0% favorable currency
Within Performance Coatings Group
General Industrial and Automotive Refinishhigh-single digit increases
Led Performance Coatings growth; Packaging, Industrial Wood and Coil each up mid-single digits
Consumer Brands Group$983.5M+21.5% YoY
Suvinil acquisition (16.0% impact), higher North America sales and 1.6% favorable foreign currency translation
Largest Expense Items
Cost of goods sold$3,451.3M+8.0% YoY
Higher net sales including Suvinil, a moderate rise in raw material costs and unfavorable foreign currency impact
Selling, general and administrative$2,103.7M+$92.1M YoY
Employee-related costs supporting higher sales, incremental Suvinil SG&A and new global headquarters and technology center costs
Interest expense$135.9M+$23.5M YoY
Increase in short-term borrowings and long-term debt plus real estate financing on the new global headquarters
Margins: Gross margin slipped to 49.2% from 49.4%, primarily due to the dilutive impact of the Suvinil acquisition and a moderate rise in raw material costs; SG&A fell 90 basis points to 31.0% of net sales.
Watch Items from the Filing
Management expects the softer-for-longer demand environment to continue in the second half of 2026, coupled with inflation in raw materials, energy, logistics and packaging.
Total debt rose to $12.072B from $10.686B a year ago; net working capital was a deficit of $2.628B and the current ratio fell to 0.73 from 0.78.
No amounts accrued for pending lead pigment and lead-based paint litigation; three Wisconsin cases involve four plaintiffs under risk contribution theory with potential joint and several liability.
Environmental accruals total $211.9M long-term plus $52.4M current, with an unaccrued maximum $73.9M above minimum accruals; three Major Sites represent 81.3% of the accrual.
Repurchased 4.0 million shares for $1,261.4M in the quarter at an average $315.37, with 24.0 million shares remaining authorized.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
47 transactions in SHW reported by 17 members of Congress under the STOCK Act, most recent trade May 12, 2026. Reported transactions, not recommendations.
About SHERWIN WILLIAMS CO (SHW): stock profile, AI score and financials
SHERWIN WILLIAMS CO (SHW) stock profile, AI quality score, and SEC EDGAR financial data, a Materials sector company. 13F Pro's AI-powered ranking engine scores SHW at 64.2/100 on a composite quality score built from its SEC filings, placing it at rank #556 of 2,925 stocks — the top 25% of the AI-ranked universe. SHW scores in the top quartile across revenue scale (93.5), balance sheet strength (86.0), institutional flow (78.1). Areas of concern include revenue growth (35.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), SHERWIN WILLIAMS CO reports quarterly revenue of $6.8B, net income of $843.6M, an operating margin of 16.4%. Top institutional holders of SHW by reported 13-F value include BlackRock, STATE STREET, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. SHW trades on the NYSE exchange and files with the SEC under CIK 89800. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate SHW daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for SHERWIN WILLIAMS CO directly from SEC EDGAR.