Sherwin Financial Statements From 2010 to 2023

SHW Stock  USD 231.78  0.00  0.00%   
Sherwin Williams financial statements provide useful quarterly and yearly information to potential Sherwin-Williams Co investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Sherwin Williams financial statements helps investors assess Sherwin Williams' valuation, profitability, and current liquidity needs.
There are over one hundred eleven available fundamental trend indicators for Sherwin-Williams Co, which can be analyzed over time and compared to other ratios. Please make sure you double-check Sherwin Williams' current fundamental trends against the trends from 2010 to 2023 to make sure the company is sustainable.
Sherwin Williams Earnings before Tax are fairly stable at the moment as compared to the past year. Sherwin Williams reported Earnings before Tax of 1.44 Billion in 2022. Average Equity is likely to climb to about 1.8 B in 2023, whereas Revenue Per Employee is likely to drop slightly above 273.4 K in 2023.
  
Check Sherwin Williams financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sherwin main balance sheet or income statement drivers, such as Direct Expenses of 8.5 B, Consolidated Income of 1.1 B or Cost of Revenue of 4.7 B, as well as many exotic indicators such as Interest Coverage of 13.05, Long Term Debt to Equity of 3.42 or Calculated Tax Rate of 24.04. Sherwin financial statements analysis is a perfect complement when working with Sherwin Williams Valuation or Volatility modules. It can also supplement Sherwin Williams' financial leverage analysis and stock options assessment as well as various Sherwin Williams Technical models . Additionally, take a look at the analysis of Sherwin Williams Correlation against competitors.

Sherwin Williams Revenues

15.04 Billion

Sherwin Williams Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Liabilities93.5 M88.3 M83.5 M
Down
Pretty Stable
Tax Assets96.5 M65.7 M84.8 M
Down
Slightly volatile
Accumulated Retained Earnings Deficit3.2 B3.6 BB
Up
Slightly volatile
Trade and Non Trade Receivables946.5 M1.1 B1.1 B
Up
Slightly volatile
Property Plant and Equipment Net885.3 M986.3 MB
Up
Slightly volatile
Trade and Non Trade Payables829.5 M931.1 M964.9 M
Up
Pretty Stable
Liabilities Non Current1.6 B1.8 BB
Up
Very volatile
Current Liabilities4.1 B5.1 B3.5 B
Up
Slightly volatile
Total Liabilities17.7 B16.4 B10.6 B
Up
Slightly volatile
Investments Current19 M19.1 M20.9 M
Down
Slightly volatile
Investments19 M19.1 M20.9 M
Down
Slightly volatile
Inventory865.2 M961.5 M981.4 M
Up
Slightly volatile
Goodwill and Intangible Assets1.2 B1.2 B1.4 B
Down
Very volatile
Shareholders Equity USDB2.2 B1.7 B
Up
Slightly volatile
Shareholders Equity2.1 B2.2 B2.3 B
Up
Slightly volatile
Total Debt USD1.4 B1.8 B1.7 B
Up
Slightly volatile
Debt Non Current901.1 M1.1 B1.2 B
Up
Pretty Stable
Debt Current719.8 M667.1 M549.8 M
Up
Slightly volatile
Total Debt1.4 B1.8 B1.7 B
Up
Slightly volatile
Cash and Equivalents USD864 M800.8 M643.5 M
Up
Slightly volatile
Cash and Equivalents281.2 M190.6 M301.5 M
Down
Pretty Stable
Assets Non Current2.6 B2.8 BB
Up
Pretty Stable
Current Assets3.9 B4.5 B3.7 B
Up
Slightly volatile
Total Assets14.8 B18.6 B12.5 B
Up
Slightly volatile
Accounts Payable1.7 B2.2 B1.5 B
Up
Slightly volatile
Receivables1.8 B2.1 B1.6 B
Up
Slightly volatile
Inventories1.5 B1.7 B1.4 B
Up
Slightly volatile

Sherwin Williams Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense334.1 M416.3 M391.7 M
Up
Slightly volatile
Weighted Average Shares Diluted242.3 M240.4 M270.2 M
Up
Very volatile
Weighted Average Shares237.8 M236.2 M264.8 M
Up
Very volatile
Selling General and Administrative Expense3.2 B3.8 B3.7 B
Up
Slightly volatile
Revenues USDB10.7 B10.5 B
Up
Slightly volatile
Revenues15 B18 B13.7 B
Up
Slightly volatile
Operating IncomeB2.4 B1.7 B
Up
Slightly volatile
Operating Expenses3.2 B3.8 B3.7 B
Up
Slightly volatile
Net Income Common Stock USD1.1 BB923.1 M
Up
Slightly volatile
Net Income Common Stock1.1 BB923.1 M
Up
Slightly volatile
Net Income1.4 B1.7 B1.2 B
Up
Slightly volatile
Interest Expense149.6 M138.7 M110.1 M
Up
Slightly volatile
Gross Profit4.4 B5.3 B5.1 B
Up
Slightly volatile
Earning Before Interest and Taxes USD1.7 B1.6 B1.4 B
Up
Slightly volatile
Earning Before Interest and Taxes EBIT1.7 B1.6 B1.4 B
Up
Slightly volatile
Cost of Revenue4.7 B5.3 B5.4 B
Up
Slightly volatile
Consolidated Income1.1 BB923.1 M
Up
Slightly volatile
Direct Expenses8.5 B10.3 B7.6 B
Up
Slightly volatile

Sherwin Williams Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based Compensation54.5 M64.9 M62.1 M
Up
Slightly volatile
Net Cash Flow from Operations1.7 BB1.6 B
Up
Slightly volatile
Net Cash Flow from Financing(2.2 B)(2.1 B)(730.5 M)
Down
Slightly volatile
Issuance Repayment of Debt Securities (1.4 M)(1.4 M)56.7 M
Down
Pretty Stable
Issuance Purchase of Equity Shares107.7 M99.9 M(219.9 M)
Up
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents664.2 M615.6 M403.4 M
Up
Slightly volatile
Depreciation Amortization and Accretion162.4 M177.9 M187.2 M
Up
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share41.1852.0348.5338
Up
Slightly volatile
Sales per Share57.5168.3852.7977
Up
Slightly volatile
Return on Sales0.110.130.1279
Up
Slightly volatile
Return on Invested Capital0.340.380.37
Up
Slightly volatile
Return on Average Equity51.7855.4953.619
Up
Pretty Stable
Return on Average Assets12.1410.4411.443
Down
Pretty Stable
Price to Sales Ratio1.541.91.8473
Up
Slightly volatile
Price to Earnings Ratio18.6419.6222.0127
Down
Pretty Stable
Price to Book Value9.7611.9613.0682
Up
Pretty Stable
Payout Ratio0.340.310.2844
Up
Very volatile
Profit Margin7.898.418.2207
Up
Slightly volatile
Gross Margin39.4138.5544.4888
Down
Slightly volatile
Free Cash Flow per Share5.556.425.2724
Up
Slightly volatile
Enterprise Value over EBITDA10.9412.1213.1367
Up
Very volatile
Enterprise Value over EBIT11.8712.614.3192
Down
Pretty Stable
Earnings per Basic Share USD11.9711.19.7824
Up
Slightly volatile
Earnings per Diluted Share5.086.284.4267
Up
Slightly volatile
Earnings per Basic Share5.176.394.5122
Up
Slightly volatile
EBITDA Margin13.5414.2214.3176
Up
Slightly volatile
Dividends per Basic Common Share3.263.022.6374
Up
Slightly volatile
Dividend Yield0.01730.01490.0133
Up
Very volatile
Debt to Equity Ratio3.833.552.1016
Up
Slightly volatile
Current Ratio1.191.021.1267
Down
Slightly volatile
Book Value per Share15.1918.216.6815
Up
Slightly volatile
Asset Turnover1.411.121.4012
Down
Slightly volatile
Total Assets Per Share56.4571.2347.7087
Up
Slightly volatile
Cash Flow Per Share6.627.746.2033
Up
Slightly volatile
Return on Investment31.3625.5830.5609
Down
Slightly volatile
Operating Margin11.3912.0211.9805
Up
Slightly volatile
Calculated Tax Rate24.0419.6523.4032
Down
Slightly volatile
Receivables Turnover10.8510.359.5124
Up
Very volatile
Inventory Turnover5.265.55.5938
Down
Very volatile
PPandE Turnover9.379.710.0341
Up
Pretty Stable
Cash and Equivalents Turnover10611781.8704
Up
Pretty Stable
Accounts Payable Turnover11.1310.1510.0878
Down
Very volatile
Accrued Expenses Turnover12.4611.6211.1162
Down
Very volatile
Interest Coverage13.059.2913.6836
Down
Slightly volatile
Long Term Debt to Equity3.423.171.8372
Up
Slightly volatile
Quick Ratio0.60.50.5771
Down
Pretty Stable
Net Current Assets as percentage of Total Assets(3.8)(3.7)3.305
Down
Slightly volatile
Revenue to Assets1.371.111.3471
Down
Slightly volatile

Sherwin Williams Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working Capital775 M718.3 M646.4 M
Up
Slightly volatile
Tangible Asset Value4.1 B4.8 B4.7 B
Up
Slightly volatile
Market Capitalization24.2 B22.5 B21 B
Up
Slightly volatile
Invested Capital Average3.1 B3.7 B3.6 B
Up
Slightly volatile
Invested Capital2.1 B1.8 B2.6 B
Down
Slightly volatile
Free Cash Flow800.9 M962.6 M927.4 M
Up
Slightly volatile
Enterprise Value25.5 B23.6 B22.2 B
Up
Slightly volatile
Average Equity1.8 B1.6 B1.5 B
Up
Very volatile
Earnings before Tax1.5 B1.4 B1.3 B
Up
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD1.9 B1.8 B1.6 B
Up
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.3 B2.8 B2.1 B
Up
Slightly volatile
Average Assets5.2 B5.9 BB
Up
Slightly volatile
Revenue Per Employee273.4 K291.3 K284.8 K
Up
Slightly volatile
Net Income Per Employee24.3 K27.2 K23.9 K
Up
Slightly volatile

Sherwin Fundamental Market Drivers

Forward Price Earnings23.8095
Cash And Short Term Investments198.8 M

Sherwin Upcoming Events

Upcoming Quarterly Report27th of January 2022
Next Financial Report26th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End27th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Sherwin Williams Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Sherwin Williams income statement, its balance sheet, and the statement of cash flows. Sherwin Williams investors use historical funamental indicators, such as Sherwin Williams's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sherwin Williams investors may use each financial statement separately, they are all related. The changes in Sherwin Williams's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sherwin Williams's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Sherwin Williams Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Sherwin Williams. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Cost of Revenue5.3 B4.7 B
Revenues18 B15 B
Revenue to Assets 1.11  1.37 
Revenue Per Employee291.3 K273.4 K

Sherwin Williams Investors Sentiment

The influence of Sherwin Williams' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sherwin. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Sherwin Williams' public news can be used to forecast risks associated with investment in Sherwin. The trend in average sentiment can be used to explain how an investor holding Sherwin can time the market purely based on public headlines and social activities around Sherwin-Williams Co. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Sherwin Williams' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sherwin Williams' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sherwin Williams' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sherwin Williams.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sherwin Williams in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sherwin Williams' short interest history, or implied volatility extrapolated from Sherwin Williams options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at the analysis of Sherwin Williams Correlation against competitors. Note that the Sherwin-Williams information on this page should be used as a complementary analysis to other Sherwin Williams' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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Is Sherwin Williams' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sherwin Williams. If investors know Sherwin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sherwin Williams listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.288
Market Capitalization
59.2 B
Quarterly Revenue Growth
0.098
Return On Assets
0.0867
Return On Equity
72.937
The market value of Sherwin-Williams is measured differently than its book value, which is the value of Sherwin that is recorded on the company's balance sheet. Investors also form their own opinion of Sherwin Williams' value that differs from its market value or its book value, called intrinsic value, which is Sherwin Williams' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sherwin Williams' market value can be influenced by many factors that don't directly affect Sherwin Williams' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sherwin Williams' value and its price as these two are different measures arrived at by different means. Investors typically determine Sherwin Williams value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sherwin Williams' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.