See more : Mirage Energy Corporation (MRGE) Income Statement Analysis – Financial Results
Complete financial analysis of The Sherwin-Williams Company (SHW) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of The Sherwin-Williams Company, a leading company in the Chemicals – Specialty industry within the Basic Materials sector.
You may be interested
- United World Holding Group Ltd. (UWHGF) Income Statement Analysis – Financial Results
- Grab Holdings Limited (GRABW) Income Statement Analysis – Financial Results
- Volpara Health Technologies Limited (VPAHF) Income Statement Analysis – Financial Results
- ImmunoPrecise Antibodies Ltd. (IPA) Income Statement Analysis – Financial Results
- Qomolangma Acquisition Corp. (QOMOW) Income Statement Analysis – Financial Results
The Sherwin-Williams Company (SHW)
About The Sherwin-Williams Company
The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers and distributors. The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil coatings, packaging coatings, and performance-based resins and colorants. It serves retailers, dealers, jobbers, licensees, and other third-party distributors through its branches and direct sales staff, as well as through outside sales representatives. The company has operations primarily in the North and South America, the Caribbean, Europe, Asia, and Australia. As of February 17, 2022, it operated approximately 5,000 company-operated stores and facilities. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 23.05B | 22.15B | 19.94B | 18.36B | 17.90B | 17.53B | 14.98B | 11.86B | 11.34B | 11.13B | 10.19B | 9.53B | 8.77B | 7.78B | 7.09B | 7.98B | 8.01B | 7.81B | 7.19B | 6.11B | 5.41B | 5.18B | 5.07B | 5.21B | 5.00B | 4.93B | 4.88B | 4.13B | 3.27B | 3.10B | 2.95B | 2.75B | 2.54B | 2.27B | 2.12B | 1.95B | 1.79B | 1.55B | 2.19B |
| Cost of Revenue | 12.29B | 12.82B | 11.40B | 9.68B | 9.86B | 10.12B | 8.20B | 5.93B | 5.78B | 5.97B | 5.57B | 5.31B | 5.02B | 4.30B | 3.83B | 4.48B | 4.41B | 4.40B | 4.11B | 3.41B | 2.95B | 2.85B | 2.85B | 2.74B | 2.60B | 2.66B | 2.65B | 2.30B | 1.80B | 1.71B | 1.64B | 1.52B | 1.45B | 1.29B | 1.23B | 1.15B | 1.03B | 892.30M | 1.38B |
| Gross Profit | 10.76B | 9.33B | 8.54B | 8.68B | 8.04B | 7.42B | 6.78B | 5.92B | 5.56B | 5.16B | 4.62B | 4.22B | 3.74B | 3.48B | 3.26B | 3.50B | 3.60B | 3.41B | 3.08B | 2.70B | 2.46B | 2.34B | 2.22B | 2.47B | 2.40B | 2.28B | 2.24B | 1.83B | 1.47B | 1.39B | 1.31B | 1.22B | 1.09B | 973.30M | 890.30M | 800.50M | 764.50M | 660.60M | 819.60M |
| Gross Profit Ratio | 46.67% | 42.10% | 42.83% | 47.29% | 44.89% | 42.31% | 45.26% | 49.95% | 49.03% | 46.40% | 45.32% | 44.28% | 42.72% | 44.76% | 46.00% | 43.85% | 44.95% | 43.72% | 42.84% | 44.19% | 45.40% | 45.10% | 43.81% | 47.35% | 48.05% | 46.16% | 45.81% | 44.31% | 45.04% | 44.77% | 44.33% | 44.57% | 42.85% | 42.94% | 41.93% | 41.04% | 42.65% | 42.54% | 37.34% |
| Research & Development | 196.60M | 119.30M | 115.90M | 97.10M | 103.10M | 51.92M | 58.47M | 58.04M | 57.67M | 50.02M | 47.04M | 44.65M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 6.65B | 5.99B | 5.67B | 5.51B | 5.31B | 4.68B | 4.41B | 3.81B | 3.58B | 3.52B | 3.21B | 2.95B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 420.70M | 24.90M | -101.80M | -27.70M | -39.10M | 357.80M | 374.10M | 351.00M | 338.19M | 299.20M | 262.49M | 247.47M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 7.07B | 6.01B | 5.57B | 5.48B | 5.27B | 5.03B | 4.79B | 4.16B | 3.91B | 3.82B | 3.47B | 3.20B | 2.96B | 2.73B | 2.57B | 2.64B | 2.60B | 2.51B | 2.33B | 2.07B | 1.88B | 1.78B | 1.73B | 1.74B | 1.67B | 1.60B | 1.57B | 1.31B | 1.08B | 1.02B | 981.30M | 914.70M | 825.90M | 745.70M | 685.60M | 628.60M | 585.50M | 493.70M | 652.90M |
| Other Expenses | 0.00 | 317.10M | 309.50M | 313.40M | 312.80M | -209.24M | -3.89M | -7.78M | -36.35M | -22.08M | -3.46M | 4.69M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 7.07B | 6.33B | 5.88B | 5.79B | 5.59B | 5.35B | 4.99B | 4.16B | 3.91B | 3.82B | 3.47B | 3.20B | 2.96B | 2.73B | 2.63B | 2.64B | 2.60B | 2.51B | 2.33B | 2.07B | 1.88B | 1.78B | 1.73B | 1.90B | 1.83B | 1.75B | 1.71B | 1.41B | 1.15B | 1.08B | 1.04B | 981.00M | 873.80M | 790.20M | 727.60M | 665.50M | 614.40M | 518.30M | 679.20M |
| Cost & Expenses | 19.53B | 19.16B | 17.28B | 15.47B | 15.45B | 15.47B | 13.19B | 10.09B | 9.69B | 9.79B | 9.04B | 8.51B | 7.98B | 7.03B | 6.46B | 7.12B | 7.00B | 6.91B | 6.44B | 5.48B | 4.83B | 4.63B | 4.58B | 4.64B | 4.43B | 4.40B | 4.36B | 3.71B | 2.95B | 2.79B | 2.68B | 2.50B | 2.33B | 2.08B | 1.96B | 1.82B | 1.64B | 1.41B | 2.05B |
| Interest Income | 25.20M | 8.00M | 4.90M | 3.60M | 25.90M | 5.29M | 8.57M | 4.96M | 1.40M | 3.00M | 3.24M | 2.91M | 3.71M | 2.93M | 2.39M | 3.93M | 14.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 417.50M | 390.80M | 334.70M | 336.80M | 349.30M | 366.73M | 263.47M | 154.09M | 61.79M | 64.21M | 62.71M | 42.79M | 42.50M | 70.60M | 40.03M | 65.68M | 71.63M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 622.50M | 998.00M | 973.30M | 999.80M | 968.70M | 772.58M | 507.20M | 197.71M | 198.56M | 198.95M | 187.79M | 179.20M | 180.90M | 175.31M | 170.90M | 165.51M | 163.48M | 145.92M | 152.24M | 137.28M | 116.56M | 115.65M | 148.10M | 160.03M | 155.80M | 147.90M | 139.20M | 103.60M | 77.90M | 60.50M | 55.10M | 66.30M | 47.90M | 44.50M | 42.00M | 36.90M | 28.90M | 24.60M | 26.30M |
| EBITDA | 4.16B | 3.97B | 3.57B | 3.87B | 3.31B | 2.51B | 2.25B | 1.88B | 1.82B | 1.48B | 1.34B | 1.13B | 964.95M | 923.69M | 833.75M | 945.67M | 1.15B | 1.07B | 959.32M | 787.62M | 708.83M | 691.18M | 652.66M | 1.09B | 760.40M | 699.10M | 677.50M | 540.90M | 399.50M | 376.60M | 326.40M | 319.20M | 267.30M | 212.50M | 184.10M | 129.70M | 156.00M | 122.80M | 163.30M |
| EBITDA Ratio | 18.07% | 14.88% | 14.50% | 17.27% | 15.26% | 12.44% | 13.35% | 14.85% | 14.21% | 11.88% | 11.28% | 10.85% | 8.98% | 9.67% | 9.18% | 9.78% | 14.92% | 13.73% | 13.34% | 12.88% | 13.11% | 13.33% | 12.88% | 20.99% | 15.20% | 14.17% | 13.88% | 13.09% | 12.20% | 12.15% | 11.07% | 11.62% | 10.52% | 9.37% | 8.67% | 6.65% | 8.70% | 7.91% | 7.44% |
| Operating Income | 3.52B | 2.98B | 2.58B | 2.86B | 2.42B | 1.86B | 1.79B | 1.56B | 1.41B | 1.12B | 960.88M | 854.98M | 606.56M | 576.77M | 480.20M | 614.65M | 1.03B | 926.56M | 807.08M | 650.34M | 592.26M | 575.53M | 504.56M | 934.04M | 604.60M | 551.20M | 538.30M | 437.30M | 321.60M | 316.10M | 271.30M | 252.90M | 219.40M | 168.00M | 142.10M | 92.80M | 127.10M | 98.20M | 137.00M |
| Operating Income Ratio | 15.26% | 13.45% | 12.95% | 15.57% | 13.51% | 10.62% | 11.97% | 13.18% | 12.45% | 10.09% | 9.43% | 8.97% | 6.92% | 7.42% | 6.77% | 7.70% | 12.88% | 11.86% | 11.22% | 10.64% | 10.95% | 11.10% | 9.96% | 17.92% | 12.08% | 11.17% | 11.03% | 10.58% | 9.82% | 10.20% | 9.20% | 9.20% | 8.63% | 7.41% | 6.69% | 4.76% | 7.09% | 6.32% | 6.24% |
| Total Other Income/Expenses | -407.30M | -297.10M | -291.80M | -335.00M | -443.60M | -530.70M | -229.70M | -117.43M | -65.67M | -47.25M | -15.89M | -32.53M | -33.10M | -68.08M | -71.96M | -121.43M | -71.33M | -67.40M | -97.93M | -52.28M | -50.71M | -56.90M | -65.33M | -423.84M | -84.90M | -91.50M | -95.90M | -43.20M | -2.80M | -10.40M | -6.70M | -17.70M | -16.40M | 19.30M | 28.10M | 70.30M | 34.60M | 75.90M | -11.80M |
| Income Before Tax | 3.11B | 2.57B | 2.25B | 2.52B | 1.98B | 1.36B | 1.53B | 1.60B | 1.55B | 1.26B | 1.09B | 987.31M | 741.55M | 677.78M | 622.82M | 714.48M | 912.94M | 834.31M | 656.22M | 580.20M | 522.93M | 497.16M | 424.45M | 143.41M | 490.20M | 440.10M | 427.30M | 375.40M | 318.50M | 298.50M | 264.30M | 226.00M | 198.80M | 187.30M | 170.20M | 163.10M | 161.70M | 174.10M | 128.60M |
| Income Before Tax Ratio | 13.49% | 11.62% | 11.27% | 13.72% | 11.07% | 7.75% | 10.20% | 13.46% | 13.66% | 11.31% | 10.66% | 10.36% | 8.46% | 8.72% | 8.78% | 8.95% | 11.40% | 10.68% | 9.13% | 9.49% | 9.67% | 9.59% | 8.38% | 2.75% | 9.80% | 8.92% | 8.75% | 9.08% | 9.73% | 9.63% | 8.96% | 8.22% | 7.82% | 8.26% | 8.02% | 8.36% | 9.02% | 11.21% | 5.86% |
| Income Tax Expense | 721.10M | 553.00M | 384.20M | 488.80M | 440.50M | 250.90M | -285.58M | 462.53M | 495.12M | 392.34M | 333.40M | 307.11M | 299.69M | 215.30M | 186.97M | 237.60M | 297.37M | 258.25M | 191.60M | 185.66M | 190.87M | 186.46M | 161.29M | 127.38M | 186.30M | 167.20M | 166.70M | 146.20M | 117.80M | 111.90M | 99.10M | 81.40M | 70.60M | 64.60M | 61.30M | 62.00M | 67.90M | 78.10M | 54.00M |
| Net Income | 2.39B | 2.02B | 1.86B | 2.03B | 1.54B | 1.11B | 1.77B | 1.13B | 1.05B | 865.89M | 752.56M | 680.20M | 441.86M | 462.49M | 435.85M | 476.88M | 615.58M | 576.06M | 463.26M | 393.25M | 332.06M | 127.57M | 263.16M | 16.03M | 303.90M | 272.90M | 260.60M | 229.20M | 200.70M | 186.60M | 165.20M | 62.80M | 128.20M | 122.70M | 108.90M | 101.10M | 96.60M | 106.00M | 74.60M |
| Net Income Ratio | 10.36% | 9.12% | 9.35% | 11.06% | 8.61% | 6.32% | 11.83% | 9.55% | 9.29% | 7.78% | 7.39% | 7.13% | 5.04% | 5.95% | 6.14% | 5.98% | 7.69% | 7.38% | 6.44% | 6.43% | 6.14% | 2.46% | 5.19% | 0.31% | 6.07% | 5.53% | 5.34% | 5.55% | 6.13% | 6.02% | 5.60% | 2.29% | 5.04% | 5.41% | 5.13% | 5.18% | 5.39% | 6.83% | 3.40% |
| EPS | 9.35 | 7.83 | 7.10 | 7.48 | 5.60 | 3.97 | 6.36 | 4.11 | 3.79 | 2.98 | 2.47 | 2.21 | 1.41 | 1.43 | 1.28 | 1.36 | 1.61 | 1.44 | 1.13 | 0.93 | 0.76 | 0.28 | 0.56 | 0.03 | 0.60 | 0.53 | 0.50 | 0.45 | 0.39 | 0.36 | 0.31 | 0.12 | 0.24 | 0.24 | 0.21 | 0.19 | 0.18 | 0.20 | 0.14 |
| EPS Diluted | 9.25 | 7.72 | 6.98 | 7.36 | 5.50 | 3.89 | 6.22 | 4.00 | 3.72 | 2.93 | 2.42 | 2.16 | 1.38 | 1.40 | 1.26 | 1.33 | 1.57 | 1.40 | 1.09 | 0.91 | 0.75 | 0.28 | 0.56 | 0.03 | 0.60 | 0.52 | 0.50 | 0.44 | 0.39 | 0.36 | 0.31 | 0.12 | 0.24 | 0.24 | 0.21 | 0.19 | 0.18 | 0.20 | 0.14 |
| Weighted Avg Shares Out | 255.40M | 258.00M | 262.50M | 271.28M | 275.41M | 278.98M | 278.73M | 275.52M | 276.59M | 288.57M | 302.69M | 305.14M | 310.41M | 321.06M | 340.54M | 350.51M | 381.67M | 400.97M | 409.96M | 422.85M | 435.01M | 450.23M | 467.14M | 480.78M | 503.70M | 518.16M | 517.75M | 513.13M | 514.62M | 518.33M | 532.90M | 523.33M | 526.85M | 518.45M | 518.57M | 522.93M | 526.91M | 538.98M | 545.85M |
| Weighted Avg Shares Out (Dil) | 258.30M | 261.80M | 267.10M | 275.83M | 280.34M | 284.96M | 284.78M | 283.46M | 282.07M | 294.23M | 309.15M | 311.79M | 317.02M | 326.36M | 346.27M | 358.03M | 392.77M | 412.45M | 423.71M | 433.74M | 440.78M | 455.59M | 469.93M | 480.78M | 506.50M | 521.46M | 521.20M | 516.99M | 514.62M | 518.33M | 532.90M | 523.33M | 526.85M | 518.45M | 518.57M | 522.93M | 526.91M | 538.98M | 545.85M |
Sherwin-Williams Stock Slips as 'Continued Softness' in DIY Demand Weighs on Results
Sherwin-Williams (SHW) shares slipped Tuesday morning after the paint manufacturer's third-quarter earnings missed estimates as demand in the do-it-yourself (DIY) painting market slumped.
Sherwin-Williams (SHW) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Sherwin-Williams (SHW) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Sherwin-Williams Earnings and Revenues Lag Estimates in Q3
The increase in SHW's sales in Q3 is due to higher Paint Stores Group sales and the impact of the 2023 acquisition.
Sherwin-Williams Q3: 5% Price Increase In FY25, But Overvalued
I reiterate a 'Sell' rating for The Sherwin-Williams Company, citing overvaluation despite strong leadership and a fair value estimate of $290 per share. Sherwin-Williams' investment in the residential repaint market is crucial for stability and growth, especially amid a weak...
Sherwin-Williams (SHW) Q3 Earnings and Revenues Miss Estimates
Sherwin-Williams (SHW) came out with quarterly earnings of $3.37 per share, missing the Zacks Consensus Estimate of $3.56 per share. This compares to earnings of $3.20 per share a year ago.
Sherwin-Williams' Q3 Earnings Simply Not Good Enough
Sherwin Williams missed earnings estimates, showing signs of an exhausted uptrend and potential for a significant selloff if key support levels are broken. Despite reaffirming guidance, the stock's valuation remains high, and margins are pressured by rising SG&A expenses, indicating...
Sherwin-Williams Stock Drops After Earnings Miss. CEO Cites Demand ‘Choppiness.
The paints and coatings company fell short on quarterly estimates for earnings and sales.
Sherwin-Williams Posts Weak Results, Joins Logitech And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
U.S. stock futures were lower this morning, with the Nasdaq futures falling around 100 points on Tuesday.
The Sherwin-Williams Company Reports 2024 Third Quarter Financial Results
CLEVELAND , Oct. 22, 2024 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) announced its financial results for the third quarter ended September 30, 2024. All comparisons are to the third quarter of the prior year, unless otherwise noted.
What's in Store for Sherwin-Williams Stock in Q3 Earnings?
SHW is expected to have gained from its efforts to expand its retail business in response to strong domestic demand and cost actions in Q3.
Source: https://incomestatements.info
Category: Stock Reports