SHW Stock | | | USD 393.96 2.18 0.55% |
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 Net Income From Continuing Ops and its Total 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 closely tied with the direction of predictive economic indicators such as
signals in rate.
Net Income From Continuing Ops vs Total Revenue
Net Income From Continuing Ops vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sherwin Williams Net Income From Continuing Ops account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sherwin Williams' Net Income From Continuing Ops and Total Revenue is 0.84. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total 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' Net Income From Continuing Ops and Total 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 Net Income From Continuing Ops of Sherwin Williams Co are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income From Continuing Ops i.e., Sherwin Williams' Net Income From Continuing Ops and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Income From Continuing Ops
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.
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 closely tied 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 0.33 in 2024, whereas
Tax Provision is likely to drop slightly above 429.1
M in 2024.
| 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 |
Sherwin Williams fundamental ratios Correlations
Click cells to compare fundamentals
Sherwin Williams Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sherwin Williams fundamental ratios Accounts
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Additional Tools for Sherwin Stock Analysis
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measure Sherwin Williams' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sherwin Williams is operating at the current time. Most of Sherwin Williams' value examination focuses on studying past and present price action to
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