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Sherwin-Williams reports 7.5 % net sales growth in Q2 2026
The coatings manufacturer has published its financial results for the second quarter of 2026, reporting consolidated net sales of USD 6.79 billion and a net income increase of 11.8 % year on year, with growth recorded across all three business segments.
Sherwin-Williams has reported its financial results for the second quarter ended 30 June 2026. Consolidated net sales rose 7.5 % to USD 6.79 billion, with net income reaching USD 843.6 million, or 12.4 % of net sales. EBITDA increased 13.8 % to USD 1.43 billion, representing 21.1 % of net sales. The sales increase was attributed to higher net sales across all three reportable segments, including a contribution from the October 2025 acquisition of Suvinil, and was partially offset by rising raw material costs and higher employee-related expenses.
Segment results and pricing actions
The Paint Stores Group reported net sales up 5.1 % to USD 3.89 billion, with same-store sales growth of 4.2 % and a double-digit percentage increase in protective and marine coatings. The Consumer Brands Group saw net sales grow 21.5 % to USD 983.5 million, supported by the Suvinil acquisition and favourable currency effects. The Performance Coatings Group posted a 6.3 % net sales increase to USD 1.91 billion, with General Industrial and Automotive Refinish each recording high-single digit percentage growth.
In response to broad-based cost inflation, the company announced an 8 % price increase in the Paint Stores Group effective 1 September 2026. For the full year 2026, Sherwin-Williams raised its guidance, projecting consolidated net sales up a mid to high-single digit percentage and adjusted diluted net income per share in the range of USD 11.80 to USD 12.20.
