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.

Revenue Y/Y

OpEx Y/Y

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

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

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.

American Express

Occidental Petroleum

It's easy to understand why investors closely follow insider activity, as it can provide a snapshot of current sentiment surrounding a company's future.

These 3 Companies Have Seen Recent Insider Activity

Caterpillar

Emerson Electric

McDonald's

Medtronic

Stanley Black & Decker

Walmart

Dividend stocks might be your portfolio's antidote to protect itself against a dark economic winter. Historically, dividend-paying companies, often established and financially stable, are more resilient to economic downturns.

7 Dividend Stock Picks to Protect Your Portfolio From a Dark Winter

Sherwin-Williams Co (NYSE:SHW ) Q3 2023 Earnings Conference Call October 25, 2023 11:00 AM ET Company Participants James Jaye - SVP, IR & Corporate Communications Heidi Petz - President, COO & Director John Morikis - Chairman & CEO Allen Mistysyn - SVP, Finance & CFO Conference Call Participants John McNulty - BMO Capital Markets Vincent Andrews - Morgan Stanley Jeffrey Zekauskas - JPMorgan Chase & Co. Gregory Melich - Evercore ISI Stephen Byrne – Bank of America Merrill Lynch Garik Shmois - Loop Capital Markets Adam Baumgarten - Zelman & Associates Aron Ceccarelli - Berenberg Kevin McCarthy - Vertical Research Partners Patrick Fischer - Goldman Sachs Group Aleksey Yefremov - KeyBanc Capital Markets Ghansham Panjabi - Robert W. Baird & Co. Michael Harrison - Seaport Research Partners David Begleiter - Deutsche Bank Eric Bosshard - Cleveland Research Company Joshua Spector - UBS Arun Viswanathan - RBC Capital Markets Operator Good morning.

Sherwin-Williams Co (SHW) Q3 2023 Earnings Call Transcript

The rise in sales of Sherwin-Williams (SHW) is primarily attributable to selling price increases in all segments in Q3.

Sherwin-Williams (SHW) Beats on Q3 Earnings & Sales, Ups View

While the top- and bottom-line numbers for Sherwin-Williams (SHW) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Sherwin-Williams (SHW) Q3 Earnings: A Look at Key Metrics

PulteGroup

Vanguard Real Estate ETF

Is Warren Buffett ever wrong? If you are sighing at the fact that you hesitated to buy construction stocks due to tales of doom and gloom, then today is your lucky day, as MarketBeat is bringing you yet another way to measure this market more clearly and maybe even ride the rest of the wave higher.

Buffett is Right Again about the Housing Market

Sherwin-Williams (SHW) came out with quarterly earnings of $3.20 per share, beating the Zacks Consensus Estimate of $2.77 per share. This compares to earnings of $2.83 per share a year ago.

Sherwin-Williams (SHW) Q3 Earnings and Revenues Surpass Estimates

CLEVELAND , Oct. 24, 2023 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) announced its financial results for the third quarter ended September 30, 2023. All comparisons are to the third quarter of the prior year, unless otherwise noted.

The Sherwin-Williams Company Reports 2023 Third Quarter Financial Results

Sherwin-Williams (SHW) is expected to have benefited from strong demand in its domestic markets, cost-saving from restructuring initiatives and pricing actions in Q3.

What's in the Cards for Sherwin-Williams (SHW) in Q3 Earnings?

Amazon

Johnson & Johnson

Microsoft

PepsiCo

Procter & Gamble

The Holy Grail for long-term investors is finding the best forever stocks that offer stability and growth potential. These stocks, known for their resilience, innovation and proven track records, are often cornerstones in portfolios.

The 7 Best Forever Stocks To Buy Now: October 2023

Albertsons Companies

Ford Motor Company

Whirlpool

Bank of New York Mellon

Daily Dividend Report: Whirlpool, Bank Of NY Mellon, Albertsons, Sherwin-Williams, Ford

Sherwin-Williams (SHW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sherwin-Williams (SHW) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

CLEVELAND , Oct. 17, 2023 /PRNewswire/ -- The Board of Directors of The Sherwin-Williams Company (NYSE: SHW) today announced a regular quarterly dividend of $0.605 per common share payable on December 8, 2023, to shareholders of record on November 17, 2023. Investor Relations Contacts: Media Contact: Jim Jaye Julie Young Senior Vice President, Investor Relations & Corporate Communications      Vice President, Global Corporate Communications Sherwin-Williams Sherwin-Williams Direct: 216.515.8682 Direct: 216.515.8849 investor.relations@sherwin.com corporatemedia@sherwin.com Eric Swanson Vice President, Investor Relations Sherwin-Williams Direct: 216.566.2766 investor.relations@sherwin.com View original content to download multimedia:https://www.prnewswire.com/news-releases/sherwin-williams-declares-dividend-of-0-605-per-common-share-301959066.html SOURCE The Sherwin-Williams Company

Sherwin-Williams Declares Dividend of $0.605 per Common Share

Sherwin-Williams (SHW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Sherwin-Williams (SHW) is Poised to Beat Earnings Estimates Again

Corteva Inc

Kenvue

NextEra Energy

Exxon Mobil

YUM! Brands

Zimmer Biomet Hlds

While publicly traded securities that benefit from significant upside potential usually carry a higher-risk profile, with high-growth S&P 500 stocks, you can almost get the best of both worlds. To be fair, we need to set some expectations.

7 High-Growth S&P 500 Stocks to Buy Now

Paint company Sherwin-Williams Co. SHW, +0.55% said Wednesday its board has elected Heidi Petz, who has been president and chief operating office for the last two years, as its chief executive, effective Jan. 1. Petz will replace current CEO John G.

Sherwin-Williams names COO Heidi Petz as new CEO, effective Jan. 1

CEO selection is result of well-developed process ensuring a seamless transition focused on strength, momentum and growth CLEVELAND , Oct. 11, 2023 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) announced today that its Board of Directors has elected Heidi G. Petz to serve as the Company's next Chief Executive Officer (CEO), effective January 1, 2024.

Sherwin-Williams Board of Directors Elects Heidi Petz CEO Effective January 1, 2024

Apple

Applied Materials

Amphenol

Costco

Graco

Home Depot

Intuit

Jack Henry & Associates

Lowe's

Mastercard

Monolithic Power Systems

Northrop Grumman

Roper Technologies

Charles Schwab

Tractor Supply

Visa

Vanguard Dividend Appreciation ETF

There are 18 stocks on my dividend growth watchlist for October 2023. More than half of the stocks on my watchlist are undervalued based on dividend yield theory. An equally weighted portfolio of these stocks would have outperformed the Vanguard Dividend Appreciation ETF by nearly 7% year-to-date.

Dividend Growth Stock Watchlist - October 2023

Albemarle

Air Products and Chemicals

Bunge Global SA

Freeport-McMoRan

Nucor

Southern Copper

Long-term investors frequently buy into sectors that are underperforming the market in the current year. History suggests that cyclical factors can provide a catalyst for those stocks to outperform the market the following year.

7 Materials Stocks Ready to Make Some Major Moves

CLEVELAND , Sept. 29, 2023 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) will issue a press release announcing its financial results for the third quarter ended September 30, 2023, prior to the opening of the market on Tuesday, October 24, 2023.

Sherwin-Williams to Announce Third Quarter 2023 Financial Results on October 24, 2023

New Linde PLC

In these moments of the market where volatility is returning to its territory, it is when good investment opportunities arise because there are good discounts in companies with incredible performance that we can take advantage of for the moments when they explode to the upside. This upside also includes materials stocks.

Don't Miss the Boom: 3 Materials Stocks Set to Explode Higher

News for Sherwin-Williams Stock (SHW)