2026 Global Top 10: No. 1, The Sherwin-Williams Co.
Sherwin-Williams ranks as top paint and coatings company for fourth year in a row.
The Sherwin-Williams Co., founded in 1866, develops, manufactures, distributes and sells paint, coatings and related products to professional, industrial, commercial and retail customers, primarily in North and South America, with additional operations in the Caribbean region, Europe, Asia and Australia. The company employs more than 64,000 people and operates through three segments: the Paint Stores Group, the Consumer Brands Group and the Performance Coatings Group.
Sherwin-Williams reported 2025 consolidated net sales of approximately $23.57 billion, up 2.1% from $23.10 billion in 2024. PCI estimates 2025 coatings sales as 84%, or approximately $19.8 billion. Sherwin-Williams does not separately report a coatings-only sales total.
1. The Sherwin-Williams Co.
2025 Coatings Sales: Approx. $19.8 billion
Headquarters: Cleveland, OH
Chair/President/CEO: Heidi G. Petz
The Paint Stores Group reported $13.61 billion in net sales, a 3.2% increase from 2024, accounting for approximately 58% of total sales. The group opened 83 new stores and closed three locations in 2025, for a net increase of 80 stores, bringing the total to 4,853 company-operated locations across the United States, Canada and the Caribbean. This segment markets Sherwin-Williams®-branded and other controlled-brand architectural paint and coatings, protective and marine products, OEM product finishes and related products. Brands include Sherwin-Williams®, A-100®, Captivate®, Cashmere®, Duration®, Emerald®, ProClassic®, Pro Industrial™, SuperDeck® and Woodscapes®.
The Consumer Brands Group reported $3.17 billion in sales, up 1.9% year over year, and accounted for approximately 13% of total sales. The increase was primarily due to the October 2025 acquisition of Suvinil, partially offset by unfavorable foreign currency translation in Latin America. The group includes 307 company-operated stores in Latin America and manufactures and distributes branded and private-label architectural paint, stains, varnishes, wood finishes, applicators, aerosols, caulks and adhesives through retailers, dealers and distributors in North America, Latin America and Europe. Brands include Cabot®, Dutch Boy®, Krylon®, Minwax®, HGTV HOME® by Sherwin-Williams, Purdy®, Ronseal®, Suvinil®, Thompson’s® WaterSeal® and Valspar®.
The Performance Coatings Group posted $6.80 billion in sales, essentially flat compared with 2024, representing approximately 29% of total sales. The company attributed the flat sales result to the offsetting favorable impact of acquisitions and foreign currency translation and the unfavorable impact of selling prices attributable to product mix. The group serves industrial customers worldwide and operated 317 company-operated branches at the end of 2025. It develops and sells industrial coatings for wood finishing, general industrial metal and plastic applications, automotive refinish, protective and marine coatings, coil coatings, packaging coatings and performance-based resins and colorants. Brands include Acrolon®, DeBeer Refinish®, Excelo®, Fluropon®, House of Kolor®, Matrix Edge®, M.L. Campbell®, Polane®, Powdura®, Sayerlack®, Ultra 9K® and ValPure®.
Notes: In February 2025, Sherwin-Williams entered into a definitive agreement to acquire BASF’s Brazilian architectural paints business, including the Suvinil and Glasu! brands, for $1.15 billion in an all-cash transaction.
Credit: Sherwin-Williams
In April 2025, Sherwin-Williams Protective & Marine received a 2025 MP Corrosion Innovation of the Year Award for its Heat-Flex corrosion-under-insulation mitigation coatings, recognizing the portfolio’s role in protecting high-temperature and corrosive assets.
In July 2025, the company said it was accelerating targeted restructuring actions amid softer demand. Its 2025 annual report recorded $111.0 million in pre-tax severance and other restructuring expenses, as well as a $17.8 million trademark impairment in the Performance Coatings Group tied primarily to restructuring activities in Asia, Latin America and Europe.
In October 2025, Sherwin-Williams completed its acquisition of the Suvinil business following regulatory approval. The business, which includes two production facilities and approximately 1,000 employees, joined the company’s Consumer Brands Group.
In November 2025, the board elected Benjamin E. Meisenzahl to become chief financial officer effective January 2026. He was named to succeed Allen J. Mistysyn, who moved to a short-term transition role before retiring after 35 years with the company.
Source: Annual Report, company website, press releases
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