What is Sherwin Williams Co worth?
With the base-case assumptions below, a discounted cash flow model on Sherwin Williams Co's reported free cash flow gives $157.27 per share. The share price was $329.10 on September 25, 2026, 109% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 0.0% | 10.0% | $82.53 | -75% |
| Base | 5.0% | 9.0% | $157.27 | -52% |
| Bull | 10.0% | 8.0% | $296.81 | -10% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $210.74 | $227.02 | $246.91 | $271.78 | $303.75 |
| 8.0% | $170.88 | $181.43 | $193.91 | $208.87 | $227.17 |
| 9.0% | $141.72 | $148.94 | $157.27 | $166.98 | $178.46 |
| 10.0% | $119.50 | $124.63 | $130.45 | $137.10 | $144.77 |
| 11.0% | $102.01 | $105.77 | $109.98 | $114.71 | $120.07 |
Where the presets come from
Base: years 1 to 5 grow at Sherwin Williams Co's revenue growth rate over the last 5 fiscal years (5.1% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions