SHERWIN WILLIAMS CO

Sherwin-Williams Company (NYSE: SHW) operates as a leading global manufacturer and retailer of paint, coatings, and related products serving professional, industrial, commercial, and retail customers across more than 120 countries. The company maintains its principal operations at investors.sherwin.com and conducts business through three primary reportable segments that collectively drive its market position.

The Paint Stores Group operates 4,853 company-owned specialty paint stores across the United States, Canada, and the Caribbean, serving architectural and industrial paint contractors alongside do-it-yourself homeowners. This segment distributes Sherwin-Williams branded architectural paints, protective and marine products, OEM finishes, and complementary items. The Consumer Brands Group manufactures and distributes a broad portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes, and related items to retailers including home centers and hardware stores throughout North America, Latin America, and Europe. This segment also operates 307 specialty paint stores in Latin America and generated approximately 63 percent of its sales through intersegment transfers to the Paint Stores Group in 2025. The Performance Coatings Group develops and sells industrial coatings for wood finishing, general industrial applications, automotive refinish, protective and marine coatings, coil coatings, and packaging coatings worldwide, operating 317 company-owned branches alongside direct sales channels.

The company employs 64,249 people globally, with approximately 73 percent based in the United States. Sherwin-Williams maintains significant manufacturing and distribution infrastructure supporting its operations across multiple continents. The company owns or licenses numerous trademarks including Sherwin-Williams, Minwax, Krylon, Dutch Boy, Valspar, Cabot, and Dupli-Color, among others, reflecting its extensive portfolio of recognized brands.

Founded in 1866 and incorporated in Ohio in 1884, Sherwin-Williams has grown into a diversified coatings manufacturer with a vertically integrated business model combining manufacturing, distribution, and retail operations. The company's competitive advantages include its extensive distribution network, proprietary brand portfolio, manufacturing capabilities, technical expertise, and established customer relationships across professional and consumer segments. In October 2025, the company completed its acquisition of Suvinil, a leading architectural paint provider in Brazil with approximately $525 million in annual sales, expanding its South American presence.