Sherwin Operating Margin vs Cost of Revenue Analysis

SHW Stock  USD 303.73  1.37  0.45%   
Sherwin Williams financial indicator trend analysis is much more than just breaking down Sherwin Williams prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sherwin Williams is a good investment. Please check the relationship between Sherwin Williams Operating Profit Margin and its Cost Of Revenue accounts. 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.

Operating Profit Margin vs Cost Of Revenue

Operating Margin vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sherwin Williams Operating Margin account and Cost of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sherwin Williams' Operating Margin and Cost of Revenue is 0.82. Overlapping area represents the amount of variation of Operating Margin that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of Sherwin Williams Co, assuming nothing else is changed. The correlation between historical values of Sherwin Williams' Operating Margin and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Margin of Sherwin Williams Co are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Operating Margin i.e., Sherwin Williams' Operating Margin and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Operating Profit Margin

Cost Of Revenue

Cost of Revenue is found on Sherwin Williams income statement and represents the costs associated with goods and services Sherwin Williams provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Sherwin Williams' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.32 in 2024, whereas Tax Provision is likely to drop slightly above 429.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit8.5B9.3B10.8B11.3B
Total Revenue19.9B22.1B23.1B24.2B

Sherwin Williams fundamental ratios Correlations

0.990.930.940.820.910.990.53-0.321.00.27-0.320.98-0.510.990.970.76-0.041.00.940.760.970.930.8-0.5-0.49
0.990.90.930.790.911.00.51-0.360.990.21-0.360.97-0.461.00.960.77-0.031.00.920.760.960.930.79-0.45-0.45
0.930.90.920.740.850.890.49-0.240.920.54-0.240.93-0.570.90.90.65-0.050.920.90.750.920.840.82-0.54-0.53
0.940.930.920.660.960.930.44-0.260.920.35-0.260.97-0.570.910.970.73-0.040.950.960.910.970.770.9-0.58-0.57
0.820.790.740.660.620.780.69-0.130.820.18-0.130.77-0.560.820.730.75-0.080.790.740.420.720.870.46-0.52-0.51
0.910.910.850.960.620.90.33-0.280.90.27-0.280.91-0.440.880.930.70.070.920.90.870.930.720.94-0.49-0.48
0.991.00.890.930.780.90.51-0.40.990.2-0.40.96-0.451.00.960.76-0.031.00.910.750.950.930.78-0.44-0.44
0.530.510.490.440.690.330.51-0.110.530.23-0.110.52-0.460.520.510.48-0.780.510.50.370.430.60.27-0.23-0.21
-0.32-0.36-0.24-0.26-0.13-0.28-0.4-0.11-0.360.041.0-0.26-0.07-0.36-0.29-0.10.03-0.34-0.08-0.18-0.3-0.39-0.22-0.05-0.06
1.00.990.920.920.820.90.990.53-0.360.27-0.360.96-0.481.00.950.74-0.031.00.910.740.950.950.79-0.46-0.45
0.270.210.540.350.180.270.20.230.040.270.040.29-0.310.210.190.03-0.210.250.270.350.270.220.44-0.25-0.23
-0.32-0.36-0.24-0.26-0.13-0.28-0.4-0.111.0-0.360.04-0.26-0.07-0.36-0.29-0.10.03-0.34-0.08-0.18-0.3-0.39-0.22-0.05-0.06
0.980.970.930.970.770.910.960.52-0.260.960.29-0.26-0.650.960.980.79-0.060.980.980.810.990.860.8-0.62-0.62
-0.51-0.46-0.57-0.57-0.56-0.44-0.45-0.46-0.07-0.48-0.31-0.07-0.65-0.48-0.57-0.70.1-0.51-0.67-0.39-0.63-0.4-0.30.940.94
0.991.00.90.910.820.881.00.52-0.361.00.21-0.360.96-0.480.950.77-0.010.990.910.70.950.950.75-0.46-0.46
0.970.960.90.970.730.930.960.51-0.290.950.19-0.290.98-0.570.950.74-0.070.970.970.830.970.830.83-0.56-0.55
0.760.770.650.730.750.70.760.48-0.10.740.03-0.10.79-0.70.770.740.040.770.790.560.810.680.46-0.69-0.69
-0.04-0.03-0.05-0.04-0.080.07-0.03-0.780.03-0.03-0.210.03-0.060.1-0.01-0.070.04-0.02-0.05-0.170.03-0.09-0.02-0.19-0.2
1.01.00.920.950.790.921.00.51-0.341.00.25-0.340.98-0.510.990.970.77-0.020.940.770.970.920.8-0.5-0.5
0.940.920.90.960.740.90.910.5-0.080.910.27-0.080.98-0.670.910.970.79-0.050.940.820.960.790.8-0.65-0.65
0.760.760.750.910.420.870.750.37-0.180.740.35-0.180.81-0.390.70.830.56-0.170.770.820.80.540.9-0.41-0.38
0.970.960.920.970.720.930.950.43-0.30.950.27-0.30.99-0.630.950.970.810.030.970.960.80.830.81-0.64-0.64
0.930.930.840.770.870.720.930.6-0.390.950.22-0.390.86-0.40.950.830.68-0.090.920.790.540.830.58-0.33-0.33
0.80.790.820.90.460.940.780.27-0.220.790.44-0.220.8-0.30.750.830.46-0.020.80.80.90.810.58-0.36-0.33
-0.5-0.45-0.54-0.58-0.52-0.49-0.44-0.23-0.05-0.46-0.25-0.05-0.620.94-0.46-0.56-0.69-0.19-0.5-0.65-0.41-0.64-0.33-0.361.0
-0.49-0.45-0.53-0.57-0.51-0.48-0.44-0.21-0.06-0.45-0.23-0.06-0.620.94-0.46-0.55-0.69-0.2-0.5-0.65-0.38-0.64-0.33-0.331.0
Click cells to compare fundamentals

Sherwin Williams Account Relationship Matchups

Sherwin Williams fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.5B20.4B20.7B22.6B23.0B24.1B
Short Long Term Debt Total10.4B10.1B11.5B12.5B11.8B12.4B
Other Current Liab1.4B1.8B1.6B1.4B2.0B2.1B
Total Current Liabilities4.5B4.6B5.7B6.0B6.6B7.0B
Total Stockholder Equity4.1B3.6B2.4B3.1B3.7B1.9B
Property Plant And Equipment Net3.5B3.6B3.7B4.1B4.7B5.0B
Net Debt10.3B9.9B11.3B12.3B11.5B12.1B
Retained Earnings7.4B844.3M2.1B3.5B5.3B2.7B
Cash161.8M226.6M165.7M198.8M276.8M208.4M
Non Current Assets Total15.9B15.8B15.6B16.7B17.4B18.3B
Non Currrent Assets Other604.4M694.3M789M(368.1M)1.2B1.3B
Cash And Short Term Investments161.8M226.6M165.7M198.8M276.8M209.0M
Net Receivables2.1B2.1B2.4B2.6B2.5B2.6B
Common Stock Shares Outstanding280.3M275.8M267.1M261.8M258.3M330.4M
Liabilities And Stockholders Equity20.5B20.4B20.7B22.6B23.0B24.1B
Non Current Liabilities Total11.9B12.2B12.5B13.5B12.5B13.1B
Inventory1.9B1.8B1.9B2.6B2.3B2.4B
Other Current Assets509.4M482.6M608.4M518.8M438.4M253.1M
Other Stockholder Equity(2.7B)3.4B923.1M188.3M(1.0B)(988M)
Total Liab16.4B16.8B18.2B19.5B19.1B20.1B
Total Current Assets4.6B4.6B5.1B5.9B5.5B5.8B
Short Term Debt1.0B412.5M1.4B1.4B1.9B2.0B
Accounts Payable1.9B2.1B2.4B2.4B2.3B2.4B
Intangible Assets4.7B4.5B4.0B4.0B3.9B4.1B
Property Plant And Equipment Gross3.5B3.6B3.7B4.1B7.8B8.2B
Accumulated Other Comprehensive Income(679.5M)(718.3M)(698.4M)(700.6M)(624.3M)(655.5M)
Common Stock Total Equity119.4M89.9M90.8M91.2M82.1M130.7M
Common Stock119.4M89.9M90.8M91.2M91.8M128.4M
Other Liab2.4B2.5B2.4B2.4B2.8B2.9B
Other Assets428.2M2.5B789M1.0B1.2B669.8M
Long Term Debt8.1B8.3B8.6B9.6B8.4B8.8B
Good Will7.0B7.0B7.1B7.6B7.6B8.0B
Treasury Stock(4.9B)(5.8B)(96.5M)(2.9B)(2.6B)(2.7B)
Property Plant Equipment1.8B1.8B3.7B2.2B2.5B1.3B
Net Tangible Assets(6.2B)(6.5B)(8.7B)(7.0B)(6.3B)(6.0B)
Retained Earnings Total Equity7.4B844.3M2.1B3.5B4.1B3.8B
Long Term Debt Total8.1B8.3B8.6B9.6B11.0B11.6B
Capital Surpluse3.2B3.5B3.8B4.0B4.6B2.7B

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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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against 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
(0.07)
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.