For the full year, Net sales grew slightly to a record $23.10 billion, as above-market growth in the Paint Stores Group offset softness in our other segments, and gross margin expanded 180 basis points to 48.5%. Adjusted diluted earnings per share grew 9.5% to a record $11.33 per share.
Sherwin-Williams revenue for the twelve months ending December 31, 2024 was $23.099B, a 0.2% increase year-over-year. Sherwin-Williams annual revenue for 2024 was $23.099B, a 0.2% increase from 2023. Sherwin-Williams annual revenue for 2023 was $23.052B, a 4.08% increase from 2022.
Sherwin-Williams's latest twelve months gross profit margin is 48.5% Sherwin-Williams's gross profit margin for fiscal years ending December 2019 to 2023 averaged 44.8%. Sherwin-Williams's operated at median gross profit margin of 44.9% from fiscal years ending December 2019 to 2023.
Total debt on the balance sheet as of September 2024 : $12.09 Billion USD. According to Sherwin-Williams's latest financial reports the company's total debt is $12.09 Billion USD.
Sherwin-Williams annual net income for 2021 was $1.864B, a 8.18% decline from 2020.
Paint and coating manufacturer Sherwin-Williams (NYSE:SHW) met Wall Street's revenue expectations in Q4 CY2024, but sales were flat year on year at $5.30 billion. Its non-GAAP profit of $2.09 per share was 1.6% above analysts' consensus estimates.
John Morikis, chairman and CEO of Sherwin-Williams Co., was paid the equivalent of $12.75 million in 2022, according to figures reported in the company's annual proxy statement.
The main competitors of Sherwin-Williams include Ecolab (ECL), International Flavors & Fragrances (IFF), RPM International (RPM), Albemarle (ALB), Celanese (CE), Balchem (BCPC), NewMarket (NEU), H.B. Fuller (FUL), Sensient Technologies (SXT), and Ashland (ASH).
Largest shareholders include Vanguard Group Inc, BlackRock, Inc., State Street Corp, Price T Rowe Associates Inc /md/, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Fmr Llc, Morgan Stanley, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, and Alliancebernstein L.p. .
Is Sherwin-Williams a good company to work for? Sherwin-Williams has an overall rating of 3.7 out of 5, based on over 10,075 reviews left anonymously by employees. 70% of employees would recommend working at Sherwin-Williams to a friend and 61% have a positive outlook for the business.
For the full year, Net sales grew slightly to a record $23.10 billion, as above-market growth in the Paint Stores Group offset softness in our other segments, and gross margin expanded 180 basis points to 48.5%. Adjusted diluted earnings per share grew 9.5% to a record $11.33 per share.
Banks (particularly money centers) have the highest average profit margins of any industry at 100% gross and 30.89% net.
Sherwin-Williams, a 157 year-old manufacturing company, is headquartered in Cleveland and has 64,000 employees. Petz is the 10th CEO in its history. The company was No. 58 on the 2023 IndustryWeek U.S. 500, showing 11.1% in revenue growth year-over-year and a 9.1% profit margin.
The estimated total pay range for a Color Consultant at Sherwin-Williams is $19–$29 per hour, which includes base salary and additional pay. The average Color Consultant base salary at Sherwin-Williams is $24 per hour.
The intrinsic value of one SHW stock under the Base Case scenario is 273.87 USD. Compared to the current market price of 359.6 USD, Sherwin-Williams Co is Overvalued by 24%.
Sherwin-Williams is not owned by hedge funds. Sherwin Williams Company, ESOP is currently the largest shareholder, with 8.4% of shares outstanding. For context, the second largest shareholder holds about 7.9% of the shares outstanding, followed by an ownership of 6.6% by the third-largest shareholder.
There are about 6,640 Benjamin Moore stores in the United States. Sherwin-Williams, as of 2024, has 3,925 store locations in America.
Is SHW a Buy, Sell or Hold? Sherwin-Williams Company has a consensus rating of Moderate Buy which is based on 11 buy ratings, 4 hold ratings and 1 sell ratings.
Sherwin-Williams paint is thick because it uses more solids, which makes it easier to work with and will cover more surface area. Furthermore, most surfaces can be completely covered in one to two coats. Painting contractors aim to please because their reputation is on the line with every painting project.
“The acquisition of Valspar accelerates Sherwin-Williams' global growth strategy and creates the global leader in paints and coatings. “The combination of these two companies creates a world-class brand portfolio, expanded product range, premier technology and innovation platforms, and an extensive global footprint.
178 - Sherwin-Williams: $22.1 billion. The paint and coating manufacturing company, headquartered in Cleveland, moved down three spots in this year's Fortune 500 list despite increasing its revenue from last year's figure of $19.9 billion. No. 191 - Goodyear Tire & Rubber Company: $20.8 billion.
The estimated total pay range for a Vice President at Sherwin-Williams is $241K–$400K per year, which includes base salary and additional pay.
Our mission to cover the earth began more than 150 years ago when in 1866 Henry Sherwin and Edward Williams founded the Company in Cleveland, Ohio.