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Sherwin-Williams SHW Paint Stores Group — Number of stores closed

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FRA
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Other financials

Income statement

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Revenue$6.8B+7.5%
Gross profit$3.3B+7.0%
Operating income$1.3B+1.7%
Net income$843.6M+11.8%
EPS (diluted)$3.43+14.3%

Balance sheet

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Cash & equivalents$293.5M+8.8%
Total debt$16.5B+13.7%
Total equity$3.9B-12.4%
Total assets$27.0B+6.3%

Cash flow

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Operating cash flow$1.3B+21.1%
CapEx$108.4M-40.3%
Free cash flow$1.2B+33.1%

Valuation

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Market cap$82.74B-4.6%
Enterprise value$98.91B-2.0%
P/E30.8×-3.3×
P/S3.4×-0.4×

Profitability

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Gross margin49%+0.1pp
Net margin11%0.0pp
FCF margin13.2%+3.8pp

Returns & leverage

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Return on equity65.1%+2.7pp
Debt / equity4.3×+1.0×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by Sherwin-Williams in its filing.

Tagged under the XBRL concept shw:NumberOfStoresClosed.

The source filing: Sherwin-Williams’s 10-K, filed February 19, 2026.

Filed
Feb 19, 2026, 2:54 PM EST
Fiscal year
FY2025
Accession
0000089800-26-000008

The Paint Stores Group consisted of 4,853 company-operated specialty paint stores in the United States, Canada and the Caribbean region at December 31, 2025. Each store in this segment is engaged in servicing the needs of architectural and industrial paint contractors and do-it-yourself homeowners. These stores market and sell Sherwin-Williams® and other controlled brand architectural paint and coatings, protective and marine products, OEM product finishes and related products. The majority of these products are produced by manufacturing facilities in the Consumer Brands Group. In addition, each store sells select purchased associated products. The loss of any single customer would not have a material adverse effect on the business of this segment. During 2025, this segment opened 80 net new stores, consisting of 83 new stores opened and 3 stores closed. In 2024 and 2023, this segment opened 79 and 70 net new stores, respectively. In accordance with ASC 280-10-50-9, the Paint Stores Group as a whole is considered the operating segment, and because it meets the criteria in ASC 280-10-50-10, it is also considered a Reportable Segment.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Sherwin-Williams's paint stores group — number of stores closed?
Sherwin-Williams (SHW) reported paint stores group — number of stores closed of 0.8 in Q4 2025.
How has Sherwin-Williams's paint stores group — number of stores closed changed year-over-year?
Sherwin-Williams's paint stores group — number of stores closed decreased by 40.0% year-over-year, from 1.3 to 0.8.
What is the long-term trend for Sherwin-Williams's paint stores group — number of stores closed?
Over 2 years (2023 to 2025), Sherwin-Williams's paint stores group — number of stores closed has grown at a -29.3% compound annual growth rate (CAGR), from 6 to 3.
What does paint stores group — number of stores closed mean?
The total number of retail or service locations that ceased operations during the reporting period. This metric helps identify the rate of network optimization or the exit from underperforming markets.

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