Sherwin-Williams Company (The) (SHW) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $3.63
- Estimate
- $3.69
- Surprise
- -1.6%
- Revenue (period 2026-09-30)
- $6.86B
- Score at report (before → after)
- 5.4 → 5.4/10
Revenue source: xbrl.
How the report landed
Sherwin-Williams Company (The) (SHW) missed the $3.69 estimate with adjusted EPS of $3.63 — a modest 1.6% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.4/10) to Sell at 5.4/10 after the report.
Coverage in the report window
- Americans Aren't Rushing to Paint Their Homes, Sherwin-Williams Sees No Near-Term DIY Demand Catalyst — benzinga, 2026-10-27
- Sherwin-Williams CEO Heidi G. Petz, Said,"Gross margin was primarily impacted in the quarter by higher raw material and — benzinga, 2026-10-27
Where TrendMatrix's rating stands now
TrendMatrix currently rates SHW Sell at 5.4/10.
3 of the last 4 quarters beat the estimate; this quarter's -1.6% surprise compares with a +2.6% four-quarter average.
What supports the rating
- Strong earnings beat streak (3/4)
What argues against it
- Thin upside margin: 5.7%
- Sector modifier (Basic Materials): -0.1
- Leverage penalty (D/E 3.9): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $326.01
- Price target
- $344.59
- Stop
- $307.79
- Upside to target
- +5.7%
- Reward-to-risk
- 1.0:1
The stock trades at 30.0× trailing but 24.2× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 2.0× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-28 — shown for context, not personalized investment advice.
SHW at TrendMatrix's latest read
Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.
- Industry
- Specialty Chemicals
- Market cap
- $79.14B
- P/E (fwd)
- 24.2
- P/E (ttm)
- 30.0
- 52-week range
- $289.86–$377.77
- Off 52-week high
- 13.7%
- RSI (14)
- 59
- Volume vs avg
- 2.02×
- Score today
- 5.4/10