Recently, The Sherwin-Williams Company released its quarter three financial report of 2025. Amid macroeconomic pressures and sustained weak demand in certain markets, the company achieved steady growth in revenue and profit through adjusting product pricing strategies, implementing cost control,and expanding end-market each.
According to the financial report, The Sherwin-Williams Company achieved total revenue of US $6.36 billion billion in the third quarter, representing a 3.2% year-on-year increase, and net profit reached US $833 million , up 3.4% from the same period last year. Notably,the company's gross profit margin performed well, with an operating gross profit margin of 49.2%, an increase of 10 percentage points year-on-year. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) was $1.359 billion and EBITDA margin was 21.4%, a significant increase of 60 basis points over the same period last year, reflecting the company's continuous improvements in cost management and operational efficiency.
In early October, The Sherwin-Williams Company completed the acquisition of Suvinil, BASF’s Brazilian architectural paints business. As BASF’s only sizeable B2C operation, Suvinil generated approximately $525 million in sales for the fiscal year ended December 31, 2024. Leveraging its well-known brands "Suvinil" and "Glasu!", the company offers a comprehensive portfolio of innovative coating products to professional painters, designers, architects, general contractors, and end consumers. This acquisition not only strengthens Sherwin-Williams’ position in the Latin American architectural paints market but also achieves the in-depth integration of regional resources and global technology through Suvinil’s established brand influence, extensive distribution network, and production capabilities. Given the sustained growth potential of Brazil’s coatings market, Sherwin-Williams’ localized layout and brand integration strategy are expected to inject new momentum into its competitiveness in the global coatings industry.