Recent Updates — SHW

On September 24, 2026, The Sherwin-Williams Company entered into a new $750 million senior unsecured term loan credit agreement maturing on September 23, 2027. This facility includes a financial covenant limiting the consolidated leverage ratio to 3.75 to 1.00, with a temporary increase to 4.25 to 1.00 permitted following qualifying acquisitions. Concurrently, Sherwin-Williams repaid and terminated its existing $750 million credit agreement dated August 8, 2025. Additionally, subsidiary SW Luxembourg entered into a €100 million EUR-denominated term loan agreement with ING Bank N.V., also maturing on September 23, 2027, which is guaranteed by Sherwin-Williams. The company operates in the manufacturing and distribution of paints, coatings, and related products.

The Sherwin-Williams Company reported second quarter 2026 financial results, announcing consolidated net sales of $6.79 billion, a 7.5% increase year-over-year. Diluted net income per share rose 14.3% to $3.43, while net income increased 11.8% to $843.6 million. The company raised its full-year 2026 diluted net income per share guidance to a range of $10.92 to $11.32. Additionally, Sherwin-Williams announced an 8% price increase in its Paint Stores Group effective September 1 to offset cost inflation. The Sherwin-Williams Company is a global leader in the manufacture, development, distribution, and sale of paint, coatings, and related products.

The Sherwin-Williams Company entered into Amendment No. 11 to its Amended and Restated Credit Agreement on June 9, 2026, extending the maturity of $200,000,000 in available borrowing and letter of credit commitments from June 20, 2026, to June 20, 2031. Sherwin-Williams operates in the paint and coatings industry as a manufacturer and supplier.