Sherwin Historical Income Statement

SHW Stock  USD 346.89  4.89  1.43%   
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.
 
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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.
  
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.

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.

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 Profit8.5B9.3B10.8B11.3B
Total Revenue19.9B22.1B23.1B24.2B

Sherwin Williams income statement Correlations

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0.240.430.30.250.320.190.190.220.330.280.08-0.430.070.060.250.060.020.04-0.210.18-0.03-0.12-0.05-0.440.35
0.820.460.520.560.490.620.620.550.470.520.62-0.610.560.540.580.80.940.44-0.62-0.01-0.030.340.18-0.520.23
0.2-0.090.010.03-0.010.10.10.080.0-0.020.16-0.25-0.060.770.010.270.29-0.08-0.45-0.08-0.120.340.360.020.04
0.190.190.260.210.270.240.240.240.30.20.25-0.310.190.330.20.310.160.2-0.560.21-0.050.180.36-0.25-0.37
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Click cells to compare fundamentals

Sherwin Williams Account Relationship Matchups

Sherwin Williams income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization312.8M313.4M309.5M317.1M622.5M653.6M
Interest Expense349.3M336.8M334.7M390.8M417.5M438.4M
Total Revenue17.9B18.4B19.9B22.1B23.1B24.2B
Gross Profit8.0B8.7B8.5B9.3B10.8B11.3B
Other Operating Expenses15.5B15.5B17.3B19.2B19.4B20.3B
Operating Income2.4B2.9B2.6B3.0B3.7B3.9B
Ebit2.4B2.9B2.6B3.0B3.7B3.9B
Ebitda2.7B3.2B2.9B3.3B3.7B3.9B
Cost Of Revenue9.9B9.7B11.4B12.8B12.3B12.9B
Total Operating Expenses5.6B5.8B5.9B6.3B7.1B7.4B
Income Before Tax2.0B2.5B2.2B2.6B3.1B3.3B
Total Other Income Expense Net(436.7M)(339.1M)(334.7M)(406.3M)(582.8M)(553.7M)
Net Income1.5B2.0B1.9B2.0B2.4B2.5B
Income Tax Expense440.5M488.8M384.2M553M721.1M757.2M
Selling General Administrative5.3B5.5B5.7B6.0B7.0B7.4B
Research Development103.1M97.1M115.9M119.3M196.6M206.4M
Net Income Applicable To Common Shares1.5B2.0B1.9B2.0B2.3B2.4B
Net Income From Continuing Ops1.5B2.0B1.9B2.0B2.4B1.4B
Non Operating Income Net Other9.2M(1.7M)24.4M(39M)(35.1M)(33.3M)
Non Recurring136.3M87.4M2.3M15.5M17.8M31.4M
Tax Provision440.5M488.8M384.2M553M721.1M429.1M
Interest Income25.9M1.2M8.1M55.5M25.2M18.5M
Net Interest Income(334.1M)(336.8M)(329.8M)(382.8M)(407.3M)(427.7M)
Reconciled Depreciation574.9M581.4M309.5M317.1M622.5M399.3M

Currently Active Assets on Macroaxis

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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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
9.23
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.