Revenue segments as reported by the company.

The Americas Group

Paint Stores Group

Consumer Brands Group

Performance Coatings Group

Administrative

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative expenses

Other general (income) expense - net

Amortization

Impairment of trademarks

Interest expense

Interest and net investment income

Other (income) expense - net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Sherwin-Williams

The Sherwin-Williams Co. engages in the manufacture and trade of paint and coatings. It operates through the following segments: America Group, Consumer Brands Group, and Performance Coating Group. The America Group segment manages the exclusive outlets for Sherwin-Williams branded paints, stains, supplies, equipment, and floor coverings. The Consumer Brands Group segment sells portfolios of branded and private-label products through retailers in North America and in parts of Europe, Australia, New Zealand and China, and operates a global supply chain for paint and coatings. The Performance Coating Group segment offers coatings and finishes, and sells in the industrial wood, protective and marine, coil, packaging, and automotive markets. The company was founded by Henry Sherwin and Edward Williams in 1866 and is headquartered in Cleveland, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Sherwin-Williams reports robust Q4 earnings amidst 2023 challenges

Sherwin-Williams' strong Q4 performance and strategic investments position the company well for future growth despite anticipated challenges in 2023. With a focus on cost management, raw material costs, and sales performance, the company aims to navigate the tough operating environment and drive long-term value for shareholders.

Sherwin-Williams reports robust Q1 performance, eyes growth opportunities ahead

Sherwin-Williams delivered strong financial results in Q1 2023, with expectations of improved performance throughout the year.
While facing challenges such as market softness and labor costs, the company remains confident in its growth prospects and ability to outperform competitors.
By focusing on revenue-driving initiatives, managing costs, and leveraging its market position, Sherwin-Williams aims to drive profitability and maintain its competitive edge.

Sherwin-Williams surpasses Q2 expectations, eyes growth amidst challenges

Sherwin-Williams delivered an exceptional Q2 performance, exceeding expectations with strong sales growth and improved margins, driven by operational excellence and strategic investments.
While facing challenges such as softening demand in packaging and uncertain raw material costs, the company is well-positioned to capitalize on opportunities in market share growth and strategic acquisitions.
By focusing on efficiency, market responsiveness, and long-term growth initiatives, Sherwin-Williams is poised for sustained success and resilience in a dynamic market environment.
Investors can be optimistic about Sherwin-Williams' performance, given its strong operational metrics, strategic focus on growth, and proactive approach to addressing industry challenges.

Sherwin-Williams posts robust Q3 results, eyes growth opportunities in 2024

Sherwin-Williams reported strong Q3 results with notable margin expansion and growth in key segments, despite challenges in certain regions and business units.
The company's strategic focus on customer success, market share gains, and operational efficiency positions them well for future growth and profitability.
Investments in technology, customer loyalty, and growth initiatives underscore Sherwin-Williams' commitment to innovation and long-term success.
Despite facing challenges like softer demand and regional weaknesses, Sherwin-Williams remains confident in driving margin growth and outperforming the market in 2024.

Sherwin-Williams posts robust Q4 results, eyes market outperformance in 2024

Sherwin-Williams delivered strong financial results in Q4 2023, with a focus on outperforming the market in 2024 through strategic initiatives.
While facing challenges in certain segments and cost pressures, the company is well-positioned to drive growth and capitalize on market opportunities.
Investments in driving success and gross margin improvement showcase Sherwin-Williams' commitment to long-term value creation for shareholders.
Confidence in the strategy for increased sales and earnings in 2024 reflects the company's proactive approach to navigating market dynamics.

Sherwin-Williams reports solid Q1 results, eyes growth amid challenges

Sherwin-Williams showcased resilience with strong financial performance, strategic investments, and a positive outlook despite sector challenges.
The company's focus on market share gains, margin expansion, and customer relationships positions it well for future growth and profitability.
While facing some headwinds in certain segments, Sherwin-Williams remains committed to driving innovation, efficiency, and shareholder value.
Overall, Sherwin-Williams' Q1 performance and strategic initiatives reflect a balanced approach to navigating market dynamics and pursuing growth opportunities.

Sherwin-Williams reports robust Q2 earnings, adjusts outlook for growth

Sherwin-Williams showcased strong performance in Q2, with positive growth across key segments and a favorable outlook for the full year.
While facing challenges in the Consumer Brands Group, the company is well-positioned to capitalize on opportunities through aggressive market strategies and cost stabilization.
Investors can be optimistic about Sherwin-Williams' continued growth trajectory and disciplined financial management, as evidenced by increased returns to shareholders and improved earnings guidance.

Sherwin-Williams reports solid Q3 performance amidst market challenges and opportunities

Sherwin-Williams delivered a solid performance in Q3 2024, with a focus on strategic investments, shareholder value, and market share gains amidst challenges like variable factors and choppy demand.
The company's emphasis on long-term strategy, disciplined investments, and confidence in their approach underscores operational resilience and a commitment to sustained growth.
By leveraging opportunities for future success, managing investments, and addressing challenges proactively, Sherwin-Williams aims to maintain its competitive edge and drive above-market growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

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Change in working capital

Cash from investing

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Purchase/sale of investments

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Change in stock

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The Sherwin-Williams Co. engages in the development, manufacture, distribution, and sale of paint and coatings. It operates through the following segments: America Group, Consumer Brands Group, and Performance Coating Group. The America Group segment manages the exclusive outlets for Sherwin-Williams branded paints, stains, supplies, equipment, and floor coverings. The Consumer Brands Group segment sells portfolios of branded and private-label products and operates a global supply chain for paint and coatings. The Performance Coating Group segment offers coatings and finishes, and sells in the industrial wood, protective and marine, coil, packaging, and automotive markets. The company was founded by Henry Sherwin and Edward Williams in 1866 and is headquartered in Cleveland, OH.

CLEVELAND , Nov. 14, 2024 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) announced today that John G. Morikis will retire from his position as Executive Chairman effective as of the close of business on December 31, 2024, following a 40-year career with the Company.

Sherwin-Williams Executive Chairman John Morikis to Retire; President and CEO Heidi Petz Elected Chair

NVIDIA

The Dow is less representative of value and dividend stocks and more focused on general industry leadership.

3 Ways Stock-Split Stocks Nvidia and Sherwin-Williams Are Modernizing the Dow Jones Industrial Average

Nvidia (NVDA) joined the Dow Jones Industrial Average Friday, replacing storied chipmaker Intel (INTC) as the artificial intelligence (AI) darling cements its position as the world's most valuable company.

Nvidia is Now a Dow Member, as is Paint-Maker Sherwin-Williams

For only the 53rd time in 128 years, the ageless Dow Jones will see its components change.

A New Era Begins Today for the Iconic Dow Jones Industrial Average

This week, two new stocks  are joining the Dow Jones Industrial Average, Nvidia Inc (NASDAQ:NVDA) and Sherwin-Williams Co (NYSE:SHW).

What the Latest Dow Shakeup Could Mean

After the market closed on November 1, the S&P Dow Jones Indices announced that NVIDIA Corp. NASDAQ: NVDA and The Sherwin-Williams Company NYSE: SHW will be added to the Dow Jones Industrial Average. NVDA stock will replace Intel Corp. NYSE: INTC, and SHW stock will replace Dow Inc. NASDAQ: DOW when trading begins on November 8, 2024.

NVIDIA, Sherwin-Williams Join the Dow: What Investors Should Know

Dow Inc

Intel

This will mark only the 53rd change for Wall Street's iconic index since its inception on May 26, 1896.

2 Ways the Dow Jones Industrial Average Will Change Forever on Friday

The smaller company will have the bigger impact on the price-weighted benchmark.

Why Nvidia Stock Is Less Important Than Sherwin-Williams for the Dow Jones Industrial Average

Technology giant NVIDIA Corp NVDA is set to join the Dow Jones Industrial Average on Nov. 8 replacing Intel Corporation INTC, a move predicted by several market experts to Benzinga months ago.

Nvidia Joining Dow Jones Industrial Average: Where Tech Giant Ranks In The Index, Why Sherwin-Williams Addition Could Be More Important

A Friday news dump of a Dow Jones Industrial Average (DJI) shakeup is still garnering plenty of attention today, especially as chip darling Nvidia (NVDA) gears up to replace sector peer Intel (INTC).

2 Stocks Moving on Dow Restructuring

Sherwin-Williams is joining the Dow, but that's not why investors should buy the stock.

Here's Why Sherwin-Williams Stock Jumped Monday

Shares in paint maker Sherwin-Williams (SHW) are likely to remain in focus after jumping in extended trading Friday following news that the company will be included in the Dow Jones Industrial Average.

Sherwin-Williams Stock Price Levels to Watch After News of Inclusion In the Dow

Vistra Energy

NEW YORK , Nov. 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average (DJIA) and Dow Jones Utility Average (DJUA) effective prior to the open of trading on Friday, November 8: NVIDIA Corp. (NASD:NVDA) will replace Intel Corp. (NASD:INTC), and The Sherwin-Williams Co. (NYSE:SHW) will replace Dow Inc. (NYSE:DOW) in the Dow Jones Industrial Average. The index changes were initiated to ensure a more representative exposure to the semiconductors industry and the materials sector respectively.

NVIDIA and Sherwin-Williams Set to Join Dow Jones Industrial Average; Vistra to Join Dow Jones Utility Average

The swap reflects their reversal of fortunes within the tech industry and would have been unthinkable a few years ago.

Nvidia to Replace Intel in Dow Jones Industrial Average. Sherwin-Williams Also Joins.

American Water Works

Iron Mountain

Mutual-fund manager Peter Lynch is one of the most successful mutual-fund managers of all time. His average annual return of 29% from 1977 to 1990 would have turned a $10,000 investment into nearly $150,000.

3 Unknown Stocks That Could Triple Your Money

The Sherwin-Williams NYSE: SHW Q3 earnings report sparked a knee-jerk reaction in the market, opening a significant opportunity for investors. While the results did not match analysts' and market expectations, the diversified paint and coating business sustained growth and indicated business health will persist in 2025.

Sherwin-Williams Plunges Into Buying Opportunity: Time to Buy?

A tough environment for Sherwin-Williams might mean an opportunity for investors.

Why Sherwin-Williams Stock Dropped Today and Took Home Depot and Lowe's Down Too

The Sherwin-Williams Company (NYSE:SHW ) Q3 2024 Earnings Conference Call October 22, 2024 10:00 AM ET Company Participants Jim Jaye - Senior Vice President, Investor Relations & Communications Heidi Petz - President & Chief Executive Officer Al Mistysyn - Chief Financial Officer Conference Call Participants Vincent Andrews - Morgan Stanley Chris Parkinson - Wolfe Research John Roberts - Mizuho John McNulty - BMO David Begleiter - Deutsche Bank Mike Harrison - Seaport Research Partners Patrick Cunningham - Citi Greg Melich - Evercore ISI Aleksey Yefremov - KeyBanc Capital Park Markets Michael Sison - Wells Fargo Duffy Fischer - Goldman Sachs Michael Leithead - Barclays Ghansham Panjabi - Baird Kevin McCarthy - Vertical Research Partners Arun Viswanathan - RBC Capital Markets Jeff Zekauskas - JPMorgan Chuck Cerankosky - Northcoast Research Josh Spector - UBS Steve Byrne - Bank of America Adam Baumgarten - Zelman Garik Shmois - Loop Capital Markets Eric Bosshard - Cleveland Research Company Operator Good morning. Thank you for joining the Sherwin-Williams Company Review of the Third Quarter 2024 Results and our Outlook for the Fourth Quarter and Full Year of 2024.

The Sherwin-Williams Company (SHW) Q3 2024 Earnings Call Transcript

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 Stock Slips as 'Continued Softness' in DIY Demand Weighs on Results

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 (SHW) Reports Q3 Earnings: What Key Metrics Have to Say

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 Earnings and Revenues Lag Estimates in Q3

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 new housing market. Q3 results show moderate recovery with 2.2% same-store sales growth and a 5% price increase effective January 2025, boosting FY25 performance.

Sherwin-Williams Q3: 5% Price Increase In FY25, But Overvalued

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 (SHW) Q3 Earnings and Revenues Miss Estimates

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 undisciplined cost management. Seasonality is bullish for November, but current technical indicators suggest the stock needs a breather, with critical support at $346.

Sherwin-Williams' Q3 Earnings Simply Not Good Enough

The paints and coatings company fell short on quarterly estimates for earnings and sales.

News for Sherwin-Williams Stock (SHW)