The Sherwin-Williams Company (SHW), headquartered in Cleveland, Ohio, develops, manufactures, distributes, and sells paints, coating, and related products to professional, industrial, commercial, and retail customers. Valued at $90.1 billion by market cap, the company’s Sherwin-Williams branded products are sold exclusively through a chain of more than 5,000 company-operated stores and facilities, while additional brands are sold through leading mass merchandisers, home centers, and more.
Shares of this leading provider of paint and coatings have outperformed the broader market considerably over the past year. SHW has gained 32.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.8%. However, in 2024, SHW’s stock rose 14.8%, compared to the SPX’s 17.8% rise on a YTD basis.
