Sherwin-Williams Reports Mixed Q1 2025 Results

Sherwin-Williams ( (SHW) ) has released its Q1 earnings. Here is a breakdown of the information Sherwin-Williams presented to its investors.

The Sherwin-Williams Company is a global leader in the manufacture, development, distribution, and sale of paint, coatings, and related products, serving professional, industrial, commercial, and retail customers worldwide.

In its first-quarter financial report for 2025, Sherwin-Williams announced a slight decrease in consolidated net sales by 1.1% to $5.31 billion compared to the previous year, while diluted net income per share saw a modest increase of 1.5% to $2.00. The company reaffirmed its full-year guidance for 2025, projecting a diluted net income per share between $10.70 and $11.10.

Key financial highlights include a 3.7% increase in adjusted diluted net income per share to $2.25 and a 4.6% rise in adjusted EBITDA to $937.0 million. The Paint Stores Group led sales with a 2.3% increase, driven by price hikes and growth in protective and marine coatings. However, the Consumer Brands and Performance Coatings Groups faced declines due to soft DIY demand and unfavorable currency impacts.

Sherwin-Williams continues to execute its strategic capital allocation, investing $351.7 million in share repurchases and raising dividends by 10.5% during the quarter. Despite challenges in certain segments, the company remains focused on growth opportunities and maintaining cost control.

Looking ahead, Sherwin-Williams anticipates persistent demand softness in several markets but remains committed to providing stability and reliability to its customers. The company aims to outperform the market through targeted investments and strategic initiatives, maintaining its full-year guidance for 2025.