Sherwin Historical Income Statement
| SHW Stock | USD 305.96 3.42 1.11% |
Historical analysis of Sherwin Williams income statement accounts such as Other Operating Expenses of 20.3 B, Operating Income of 3.9 B, EBIT of 3.9 B or Ebitda of 3.9 B can show how well Sherwin Williams Co performed in making a profits. Evaluating Sherwin Williams income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sherwin Williams's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Sherwin Williams latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sherwin Williams is a good buy for the upcoming year.
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About Sherwin Income Statement Analysis
Sherwin Williams Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Sherwin Williams shareholders. The income statement also shows Sherwin investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Sherwin Williams Income Statement Chart
Sherwin Williams Co Income Statement is one of the three primary financial statements used for reporting Sherwin's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Sherwin Williams revenue and expense. Sherwin Williams Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Sherwin Williams' Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to climb to about 3.3 B in 2024, whereas Minority Interest is likely to drop slightly above 1.4 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Sherwin Williams generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Sherwin Williams Co minus its cost of goods sold. It is profit before Sherwin Williams operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sherwin Williams. It is also known as Sherwin Williams overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Sherwin Williams operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Sherwin Williams Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Sherwin Williams' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sherwin Williams current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sherwin Williams Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. At this time, Sherwin Williams' Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to climb to about 3.3 B in 2024, whereas Minority Interest is likely to drop slightly above 1.4 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.5B | 9.3B | 10.8B | 11.3B | Total Revenue | 19.9B | 22.1B | 23.1B | 24.2B |
Sherwin Williams income statement Correlations
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Sherwin Williams Account Relationship Matchups
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Sherwin Williams income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 312.8M | 313.4M | 309.5M | 317.1M | 622.5M | 653.6M | |
| Interest Expense | 349.3M | 336.8M | 334.7M | 390.8M | 417.5M | 438.4M | |
| Total Revenue | 17.9B | 18.4B | 19.9B | 22.1B | 23.1B | 24.2B | |
| Gross Profit | 8.0B | 8.7B | 8.5B | 9.3B | 10.8B | 11.3B | |
| Other Operating Expenses | 15.5B | 15.5B | 17.3B | 19.2B | 19.4B | 20.3B | |
| Operating Income | 2.4B | 2.9B | 2.6B | 3.0B | 3.7B | 3.9B | |
| Ebit | 2.4B | 2.9B | 2.6B | 3.0B | 3.7B | 3.9B | |
| Ebitda | 2.7B | 3.2B | 2.9B | 3.3B | 3.7B | 3.9B | |
| Cost Of Revenue | 9.9B | 9.7B | 11.4B | 12.8B | 12.3B | 12.9B | |
| Total Operating Expenses | 5.6B | 5.8B | 5.9B | 6.3B | 7.1B | 7.4B | |
| Income Before Tax | 2.0B | 2.5B | 2.2B | 2.6B | 3.1B | 3.3B | |
| Total Other Income Expense Net | (436.7M) | (339.1M) | (334.7M) | (406.3M) | (582.8M) | (553.7M) | |
| Net Income | 1.5B | 2.0B | 1.9B | 2.0B | 2.4B | 2.5B | |
| Income Tax Expense | 440.5M | 488.8M | 384.2M | 553M | 721.1M | 757.2M | |
| Selling General Administrative | 5.3B | 5.5B | 5.7B | 6.0B | 7.0B | 7.4B | |
| Research Development | 103.1M | 97.1M | 115.9M | 119.3M | 196.6M | 206.4M | |
| Net Income Applicable To Common Shares | 1.5B | 2.0B | 1.9B | 2.0B | 2.3B | 2.4B | |
| Net Income From Continuing Ops | 1.5B | 2.0B | 1.9B | 2.0B | 2.4B | 1.4B | |
| Non Operating Income Net Other | 9.2M | (1.7M) | 24.4M | (39M) | (35.1M) | (33.3M) | |
| Non Recurring | 136.3M | 87.4M | 2.3M | 15.5M | 17.8M | 31.4M | |
| Tax Provision | 440.5M | 488.8M | 384.2M | 553M | 721.1M | 429.1M | |
| Interest Income | 25.9M | 1.2M | 8.1M | 55.5M | 25.2M | 18.5M | |
| Net Interest Income | (334.1M) | (336.8M) | (329.8M) | (382.8M) | (407.3M) | (427.7M) | |
| Reconciled Depreciation | 574.9M | 581.4M | 309.5M | 317.1M | 622.5M | 399.3M |
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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Sherwin Williams' public news can be used to forecast risks associated with an 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 equities 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.
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When determining whether Sherwin Williams is a strong investment it is important to analyze Sherwin Williams' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sherwin Williams' future performance. For an informed investment choice regarding Sherwin Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sherwin Williams Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. 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 the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Sherwin Stock analysis
When running Sherwin Williams' price analysis, check to measure Sherwin Williams' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sherwin Williams is operating at the current time. Most of Sherwin Williams' value examination focuses on studying past and present price action to predict the probability of Sherwin Williams' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sherwin Williams' price. Additionally, you may evaluate how the addition of Sherwin Williams to your portfolios can decrease your overall portfolio volatility.
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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 (0.07) | Dividend Share 2.42 | Earnings Share 9.25 | Revenue Per Share 90.258 | Quarterly Revenue Growth 0.004 |
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 if Sherwin Williams is a good investment 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.