Sherwin Historical Income Statement

SHW Stock

USD 393.96 2.18 0.55%

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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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 closely tied 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

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.

Interest Expense Total Revenue Gross Profit Other Operating Expenses Operating Income Discontinued Operations

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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 closely tied with the direction of predictive economic indicators such as signals in rate.

	2021	2022	2023	2024 (projected)
Gross Profit	8.5B	9.3B	10.8B	11.3B
Total Revenue	19.9B	22.1B	23.1B	24.2B

Gross Profit Total Revenue

Sherwin Williams income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Minority Interest	Net Income From Continuing Ops	Non Operating Income Net Other	Selling And Marketing Expenses	Non Recurring	Discontinued Operations	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.74	0.79	0.76	0.79	0.78	0.79	0.91	0.8	0.74	0.79	-0.66	0.78	0.5	0.76	0.66	0.32	0.78	-0.42	-0.49	-0.04	0.23	0.19	0.25	-0.74	-0.38
Interest Expense	0.74		0.95	0.93	0.95	0.93	0.93	0.92	0.96	0.93	0.87	-0.9	0.9	0.4	0.93	0.8	0.55	0.84	-0.54	-0.32	0.43	0.46	-0.09	0.19	-0.98	-0.04
Total Revenue	0.79	0.95		0.99	1.0	0.97	0.97	0.96	0.99	0.99	0.95	-0.87	0.95	0.55	0.99	0.85	0.65	0.84	-0.56	-0.28	0.3	0.52	0.01	0.26	-0.92	-0.14
Gross Profit	0.76	0.93	0.99		0.99	0.98	0.98	0.95	0.97	1.0	0.97	-0.87	0.97	0.59	1.0	0.87	0.7	0.84	-0.55	-0.26	0.25	0.56	0.03	0.21	-0.9	-0.09
Other Operating Expenses	0.79	0.95	1.0	0.99		0.96	0.96	0.95	1.0	0.99	0.93	-0.86	0.94	0.53	0.98	0.83	0.64	0.84	-0.54	-0.27	0.32	0.49	-0.01	0.27	-0.92	-0.16
Operating Income	0.78	0.93	0.97	0.98	0.96		1.0	0.96	0.95	0.96	0.99	-0.9	0.98	0.62	0.98	0.93	0.71	0.86	-0.61	-0.38	0.19	0.62	0.1	0.24	-0.91	-0.1
Ebit	0.79	0.93	0.97	0.98	0.96	1.0		0.97	0.95	0.96	0.99	-0.9	0.98	0.62	0.98	0.93	0.7	0.86	-0.6	-0.38	0.19	0.62	0.1	0.24	-0.91	-0.1
Ebitda	0.91	0.92	0.96	0.95	0.95	0.96	0.97		0.95	0.94	0.95	-0.84	0.95	0.57	0.95	0.83	0.55	0.89	-0.53	-0.39	0.15	0.44	0.09	0.25	-0.89	-0.2
Cost Of Revenue	0.8	0.96	0.99	0.97	1.0	0.95	0.95	0.95		0.98	0.91	-0.86	0.92	0.51	0.97	0.82	0.61	0.83	-0.55	-0.3	0.33	0.47	0.0	0.3	-0.94	-0.19
Total Operating Expenses	0.74	0.93	0.99	1.0	0.99	0.96	0.96	0.94	0.98		0.95	-0.85	0.96	0.55	0.99	0.84	0.68	0.84	-0.52	-0.21	0.28	0.52	-0.02	0.2	-0.89	-0.09
Income Before Tax	0.79	0.87	0.95	0.97	0.93	0.99	0.99	0.95	0.91	0.95		-0.84	0.97	0.68	0.97	0.92	0.72	0.84	-0.59	-0.35	0.08	0.62	0.16	0.25	-0.84	-0.13
Total Other Income Expense Net	-0.66	-0.9	-0.87	-0.87	-0.86	-0.9	-0.9	-0.84	-0.86	-0.85	-0.84		-0.8	-0.63	-0.88	-0.88	-0.68	-0.69	0.65	0.52	-0.46	-0.65	-0.24	-0.22	0.93	-0.11
Net Income	0.78	0.9	0.95	0.97	0.94	0.98	0.98	0.95	0.92	0.96	0.97	-0.8		0.48	0.96	0.87	0.66	0.9	-0.49	-0.28	0.07	0.56	-0.06	0.19	-0.86	-0.14
Income Tax Expense	0.5	0.4	0.55	0.59	0.53	0.62	0.62	0.57	0.51	0.55	0.68	-0.63	0.48		0.6	0.69	0.6	0.3	-0.65	-0.41	0.06	0.54	0.77	0.33	-0.42	-0.06
Selling General Administrative	0.76	0.93	0.99	1.0	0.98	0.98	0.98	0.95	0.97	0.99	0.97	-0.88	0.96	0.6		0.9	0.72	0.83	-0.56	-0.32	0.23	0.6	0.06	0.23	-0.9	-0.11
Research Development	0.66	0.8	0.85	0.87	0.83	0.93	0.93	0.83	0.82	0.84	0.92	-0.88	0.87	0.69	0.9		0.81	0.7	-0.65	-0.54	0.06	0.8	0.27	0.31	-0.82	-0.13
Minority Interest	0.32	0.55	0.65	0.7	0.64	0.71	0.7	0.55	0.61	0.68	0.72	-0.68	0.66	0.6	0.72	0.81		0.55	-0.57	-0.24	0.02	0.94	0.29	0.16	-0.56	0.24
Net Income From Continuing Ops	0.78	0.84	0.84	0.84	0.84	0.86	0.86	0.89	0.83	0.84	0.84	-0.69	0.9	0.3	0.83	0.7	0.55		-0.36	-0.24	0.04	0.44	-0.08	0.2	-0.78	-0.03
Non Operating Income Net Other	-0.42	-0.54	-0.56	-0.55	-0.54	-0.61	-0.6	-0.53	-0.55	-0.52	-0.59	0.65	-0.49	-0.65	-0.56	-0.65	-0.57	-0.36		0.41	-0.21	-0.62	-0.45	-0.56	0.62	0.0
Selling And Marketing Expenses	-0.49	-0.32	-0.28	-0.26	-0.27	-0.38	-0.38	-0.39	-0.3	-0.21	-0.35	0.52	-0.28	-0.41	-0.32	-0.54	-0.24	-0.24	0.41		0.12	-0.37	-0.49	-0.41	0.43	0.14
Non Recurring	-0.04	0.43	0.3	0.25	0.32	0.19	0.19	0.15	0.33	0.28	0.08	-0.46	0.07	0.06	0.23	0.06	0.02	0.04	-0.21	0.12		-0.03	-0.12	-0.05	-0.44	0.35
Discontinued Operations	0.23	0.46	0.52	0.56	0.49	0.62	0.62	0.44	0.47	0.52	0.62	-0.65	0.56	0.54	0.6	0.8	0.94	0.44	-0.62	-0.37	-0.03		0.34	0.18	-0.52	0.23
Tax Provision	0.19	-0.09	0.01	0.03	-0.01	0.1	0.1	0.09	0.0	-0.02	0.16	-0.24	-0.06	0.77	0.06	0.27	0.29	-0.08	-0.45	-0.49	-0.12	0.34		0.36	0.02	0.04
Interest Income	0.25	0.19	0.26	0.21	0.27	0.24	0.24	0.25	0.3	0.2	0.25	-0.22	0.19	0.33	0.23	0.31	0.16	0.2	-0.56	-0.41	-0.05	0.18	0.36		-0.25	-0.37
Net Interest Income	-0.74	-0.98	-0.92	-0.9	-0.92	-0.91	-0.91	-0.89	-0.94	-0.89	-0.84	0.93	-0.86	-0.42	-0.9	-0.82	-0.56	-0.78	0.62	0.43	-0.44	-0.52	0.02	-0.25		0.04
Reconciled Depreciation	-0.38	-0.04	-0.14	-0.09	-0.16	-0.1	-0.1	-0.2	-0.19	-0.09	-0.13	-0.11	-0.14	-0.06	-0.11	-0.13	0.24	-0.03	0.0	0.14	0.35	0.23	0.04	-0.37	0.04

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Sherwin Williams Account Relationship Matchups

Sherwin Williams income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	312.8M	999.8M	973.3M	998M	622.5M	653.6M
Interest Expense	349.3M	336.8M	334.7M	390.8M	417.5M	438.4M
Total Revenue	17.9B	18.4B	19.9B	22.1B	23.1B	24.2B
Gross Profit	8.0B	8.7B	8.5B	9.3B	10.8B	11.3B
Other Operating Expenses	15.5B	15.5B	17.3B	19.2B	19.4B	20.3B
Operating Income	2.4B	2.9B	2.6B	3.0B	3.7B	3.9B
Ebit	2.4B	2.9B	2.6B	3.0B	3.7B	3.9B
Ebitda	2.7B	3.9B	3.6B	4.0B	3.7B	3.9B
Cost Of Revenue	9.9B	9.7B	11.4B	12.8B	12.3B	12.9B
Total Operating Expenses	5.6B	5.8B	5.9B	6.3B	7.1B	7.4B
Income Before Tax	2.0B	2.5B	2.2B	2.6B	3.1B	3.3B
Total Other Income Expense Net	(436.7M)	(335M)	(291.8M)	(297.1M)	(582.8M)	(553.7M)
Net Income	1.5B	2.0B	1.9B	2.0B	2.4B	2.5B
Income Tax Expense	440.5M	488.8M	384.2M	553M	721.1M	757.2M
Selling General Administrative	5.3B	5.5B	5.7B	6.0B	7.0B	7.4B
Research Development	103.1M	97.1M	115.9M	119.3M	196.6M	206.4M
Net Income Applicable To Common Shares	1.5B	2.0B	1.9B	2.0B	2.3B	2.4B
Net Income From Continuing Ops	1.5B	2.0B	1.9B	2.0B	2.4B	1.4B
Non Operating Income Net Other	9.2M	(1.7M)	24.4M	(39M)	(35.1M)	(33.3M)
Selling And Marketing Expenses	39.1M	27.7M	101.8M	24.9M	15.5M	14.7M
Non Recurring	136.3M	87.4M	2.3M	15.5M	17.8M	31.4M
Tax Provision	440.5M	488.8M	384.2M	553M	721.1M	429.1M
Interest Income	25.9M	1.2M	8.1M	55.5M	25.2M	18.5M
Net Interest Income	(334.1M)	(336.8M)	(329.8M)	(382.8M)	(407.3M)	(427.7M)
Reconciled Depreciation	574.9M	581.4M	309.5M	317.1M	622.5M	399.3M

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Sherwin Historical Income Statement

About Sherwin Income Statement Analysis

Sherwin Williams Income Statement Chart

Interest Expense

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Sherwin Williams income statement Correlations

Sherwin Williams Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sherwin Williams income statement Accounts

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COMMON DESTINATIONS

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COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Gross Profit
Selling General Administrative	+ 1.0	Gross Profit
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Gross Profit	+ 0.99	Total Revenue

Net Interest Income	- 0.98	Interest Expense
Net Interest Income	- 0.94	Cost Of Revenue
Net Interest Income	- 0.92	Other Operating Expenses
Net Interest Income	- 0.92	Total Revenue
Net Interest Income	- 0.91	Ebit
Net Interest Income	- 0.91	Operating Income