Sherwin-Williams Past Earnings Performance
Past criteria checks 5/6
Sherwin-Williams has been growing earnings at an average annual rate of 11.2%, while the Chemicals industry saw earnings growing at 13.9% annually. Revenues have been growing at an average rate of 6.6% per year. Sherwin-Williams's return on equity is 69%, and it has net margins of 10.5%.
Key information
11.2%
Earnings growth rate
13.1%
EPS growth rate
| Chemicals Industry Growth | 12.9% |
| Revenue growth rate | 6.6% |
| Return on equity | 69.0% |
| Net Margin | 10.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Sherwin-Williams: Like Watching Paint Dry
Apr 23Is The Sherwin-Williams Company (NYSE:SHW) Expensive For A Reason? A Look At Its Intrinsic Value
Apr 11
Is Now The Time To Look At Buying The Sherwin-Williams Company (NYSE:SHW)?
Mar 30Does Sherwin-Williams (NYSE:SHW) Have A Healthy Balance Sheet?
Mar 18Sherwin-Williams (NYSE:SHW) Could Become A Multi-Bagger
Feb 15Sherwin-Williams Q4: Near Term Outlook Remains Muted
Feb 05The Sherwin-Williams Company (NYSE:SHW) Investors Are Less Pessimistic Than Expected
Feb 03Sherwin-Williams: Rating Upgrade As I Turn Positive On Medium-Term Outlook
Jan 31A Look At The Fair Value Of The Sherwin-Williams Company (NYSE:SHW)
Jan 10Is The Sherwin-Williams Company (NYSE:SHW) Potentially Undervalued?
Dec 29Sherwin-Williams: Pricing And Moderation Of Raw Material Costs
Dec 28Is Now The Time To Put Sherwin-Williams (NYSE:SHW) On Your Watchlist?
Dec 17Does Sherwin-Williams (NYSE:SHW) Have A Healthy Balance Sheet?
Nov 23Sherwin-Williams: Macroeconomic Weakness Creating Headwinds For The Foreseeable Future
Oct 26Sherwin-Williams' (NYSE:SHW) Dividend Will Be $0.605
Oct 20Calculating The Fair Value Of The Sherwin-Williams Company (NYSE:SHW)
Oct 01Is Now The Time To Put Sherwin-Williams (NYSE:SHW) On Your Watchlist?
Sep 17Sherwin-Williams: A Well-Managed Business In A Turbulent Economic Landscape
Sep 11Sherwin-Williams: Stable Prospects, Looks Pricey
Aug 31Returns On Capital Are A Standout For Sherwin-Williams (NYSE:SHW)
Aug 20At US$274, Is It Time To Put The Sherwin-Williams Company (NYSE:SHW) On Your Watch List?
Aug 08Sherwin-Williams: A Must Watch Quality Stock
Jul 28Sherwin-Williams (NYSE:SHW) Has Affirmed Its Dividend Of $0.605
Jul 27Is Sherwin-Williams (NYSE:SHW) A Risky Investment?
Jul 24Is The Sherwin-Williams Company (NYSE:SHW) Worth US$248 Based On Its Intrinsic Value?
Jun 18With EPS Growth And More, Sherwin-Williams (NYSE:SHW) Makes An Interesting Case
Jun 06The Sherwin-Williams Company: Solid Dividend Portfolio Pick With No Upside
May 29There's Been No Shortage Of Growth Recently For Sherwin-Williams' (NYSE:SHW) Returns On Capital
May 05Sherwin-Williams' (NYSE:SHW) Dividend Will Be Increased To $0.605
Apr 23Sherwin-Williams (NYSE:SHW) Has A Pretty Healthy Balance Sheet
Apr 04Calculating The Fair Value Of The Sherwin-Williams Company (NYSE:SHW)
Mar 13Sherwin-Williams: Inflated Buybacks, Bleak Near-Term Outlook
Feb 24Sherwin Williams declares $0.605 dividend
Feb 15Should You Be Adding Sherwin-Williams (NYSE:SHW) To Your Watchlist Today?
Feb 11Is Now An Opportune Moment To Examine The Sherwin-Williams Company (NYSE:SHW)?
Jan 31Sherwin Williams Q4 2022 Earnings Preview
Jan 25Investors Will Want Sherwin-Williams' (NYSE:SHW) Growth In ROCE To Persist
Dec 27Is Sherwin-Williams (NYSE:SHW) A Risky Investment?
Dec 15A Look At The Fair Value Of The Sherwin-Williams Company (NYSE:SHW)
Dec 03Sherwin-Williams acquires German wood coatings companies
Nov 08Sherwin Williams Q3 2022 Earnings Preview
Oct 24What Is The Sherwin-Williams Company's (NYSE:SHW) Share Price Doing?
Oct 19Sherwin-Williams Has More Downside As Housing Activity Slows
Oct 18Sherwin-Williams to acquire Italian wood coatings company Industria Chimica
Oct 11We Think Sherwin-Williams (NYSE:SHW) Can Stay On Top Of Its Debt
Sep 12Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow Sherwin-Williams makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 22,977 | 2,417 | 7,151 | 0 |
| 31 Dec 23 | 23,052 | 2,389 | 7,044 | 0 |
| 30 Sep 23 | 23,030 | 2,419 | 6,507 | 0 |
| 30 Jun 23 | 22,961 | 2,343 | 6,366 | 0 |
| 31 Mar 23 | 22,593 | 2,127 | 6,219 | 0 |
| 31 Dec 22 | 22,149 | 2,020 | 6,336 | 0 |
| 30 Sep 22 | 21,681 | 1,938 | 6,137 | 0 |
| 30 Jun 22 | 20,780 | 1,755 | 5,896 | 0 |
| 31 Mar 22 | 20,287 | 1,826 | 5,737 | 0 |
| 31 Dec 21 | 19,945 | 1,864 | 5,886 | 0 |
| 30 Sep 21 | 19,671 | 1,967 | 5,609 | 0 |
| 30 Jun 21 | 19,647 | 2,171 | 5,647 | 0 |
| 31 Mar 21 | 18,871 | 2,118 | 5,501 | 0 |
| 31 Dec 20 | 18,362 | 2,030 | 5,483 | 0 |
| 30 Sep 20 | 17,987 | 1,872 | 5,359 | 0 |
| 30 Jun 20 | 17,733 | 1,743 | 5,298 | 0 |
| 31 Mar 20 | 18,007 | 1,618 | 5,339 | 0 |
| 31 Dec 19 | 17,901 | 1,541 | 5,315 | 0 |
| 30 Sep 19 | 17,851 | 1,394 | 5,235 | 0 |
| 30 Jun 19 | 17,714 | 1,171 | 5,157 | 0 |
| 31 Mar 19 | 17,610 | 1,104 | 5,128 | 0 |
| 31 Dec 18 | 17,535 | 1,109 | 5,055 | 0 |
| 30 Sep 18 | 17,450 | 1,861 | 4,976 | 0 |
| 30 Jun 18 | 17,225 | 1,823 | 5,032 | 0 |
| 31 Mar 18 | 16,187 | 1,780 | 4,857 | 0 |
| 31 Dec 17 | 14,984 | 1,770 | 4,782 | 0 |
| 30 Sep 17 | 13,787 | 1,119 | 4,489 | 0 |
| 30 Jun 17 | 12,559 | 1,190 | 4,200 | 0 |
| 31 Mar 17 | 12,043 | 1,207 | 4,110 | 0 |
| 31 Dec 16 | 11,856 | 1,133 | 4,075 | 0 |
| 30 Sep 16 | 11,678 | 1,128 | 4,038 | 0 |
| 30 Jun 16 | 11,550 | 1,115 | 3,995 | 0 |
| 31 Mar 16 | 11,463 | 1,087 | 3,956 | 0 |
| 31 Dec 15 | 11,339 | 1,054 | 3,886 | 0 |
| 30 Sep 15 | 11,304 | 988 | 3,767 | 0 |
| 30 Jun 15 | 11,302 | 938 | 3,762 | 0 |
| 31 Mar 15 | 11,213 | 877 | 3,728 | 0 |
| 31 Dec 14 | 11,130 | 866 | 3,823 | 0 |
| 30 Sep 14 | 11,017 | 844 | 3,800 | 0 |
| 30 Jun 14 | 10,714 | 781 | 3,701 | 0 |
| 31 Mar 14 | 10,385 | 747 | 3,573 | 0 |
| 31 Dec 13 | 10,186 | 748 | 3,468 | 0 |
| 30 Sep 13 | 9,950 | 700 | 3,397 | 0 |
| 30 Jun 13 | 9,706 | 672 | 3,308 | 0 |
Quality Earnings: SHW has high quality earnings.
Growing Profit Margin: SHW's current net profit margins (10.5%) are higher than last year (9.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SHW's earnings have grown by 11.2% per year over the past 5 years.
Accelerating Growth: SHW's earnings growth over the past year (13.6%) exceeds its 5-year average (11.2% per year).
Earnings vs Industry: SHW earnings growth over the past year (13.6%) exceeded the Chemicals industry -11.9%.
Return on Equity
High ROE: Whilst SHW's Return on Equity (68.97%) is outstanding, this metric is skewed due to their high level of debt.