← SHERWIN WILLIAMS CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $11.9b |
$15.0b
+26.39%
|
$17.5b
+17.02%
|
$17.9b
+2.09%
|
$18.4b
+2.57%
|
$19.9b
+8.62%
|
$22.1b
+11.05%
|
$23.1b
+4.08%
|
$23.1b
+0.20%
|
$23.6b
+2.06%
|
|
| Percent to Net sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Cost of Revenue | $5.9b |
$8.2b
+38.25%
|
$10.1b
+23.33%
|
$9.9b
-2.48%
|
$9.7b
-1.88%
|
$11.4b
+17.80%
|
$12.8b
+12.47%
|
$12.3b
-4.13%
|
$11.9b
-3.18%
|
$12.1b
+1.31%
|
|
| Cost of goods sold | $5.9b |
$8.2b
+38.25%
|
$10.1b
+23.33%
|
$9.9b
-2.48%
|
$9.7b
-1.88%
|
$11.4b
+17.80%
|
$12.8b
+12.47%
|
$12.3b
-4.13%
|
$11.9b
-3.18%
|
$12.1b
+1.31%
|
|
| Gross Profit | $5.9b |
$6.8b
+14.50%
|
$7.4b
+9.40%
|
$8.0b
+8.32%
|
$8.7b
+8.04%
|
$8.5b
-1.61%
|
$9.3b
+9.16%
|
$10.8b
+15.37%
|
$11.2b
+4.06%
|
$11.5b
+2.86%
|
|
| Research and Development Expense | $58.0m | $58.5m | $51.9m | — | — | — | — | — | — | — | |
| Selling, General and Administrative Expense | $4.2b | $4.8b | $5.0b | $5.3b | $5.5b | $5.6b | $6.0b | $7.1b | $7.4b | $7.7b | |
| Amortization of Intangible Assets | $25.6m | $206.8m | $318.1m | $312.8m | $313.4m | $309.5m | $317.1m | $330.2m | $326.6m | $336.6m | |
| Restructuring Costs | — | — | — | — | — | — | $47.3m | $15.3m | $0 | $111.0m | |
| Operating expenses: | |||||||||||
| Operating Income (Loss) | $2.2b |
$2.3b
+6.01%
|
$2.6b
+13.82%
|
$2.8b
+7.58%
|
$3.4b
+20.12%
|
$3.1b
-8.60%
|
$3.4b
+10.17%
|
$4.2b
+22.50%
|
$3.5b
-17.06%
|
$3.3b
-3.29%
|
|
| Other Operating Income (Expense), Net | — | — | — | — | — | ($101.8m) | $24.9m | ($67.1m) | $38.8m | $10.2m | |
| Interest Expense | $154.1m | $263.5m | $366.7m | $349.3m | $340.4m | $334.7m | $390.8m | $417.5m | $415.7m | $465.0m | |
| Interest Expense, Debt | $75.5m | $257.4m | $343.1m | $321.3m | $320.5m | $320.4m | $348.4m | $374.6m | $354.7m | $396.2m | |
| Investment Income, Interest | — | — | — | — | — | — | $8.0m | $25.2m | — | — | |
| Interest income | ($5.0m) | ($8.6m) | ($5.3m) | — | ($3.6m) | ($4.9m) | ($8.0m) | ($25.2m) | ($11.0m) | ($11.2m) | |
| Investment Income, Net | $5.0m | $8.6m | $5.3m | — | — | — | — | — | $11.0m | $11.2m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($7.3m) | ($450k) | ($7.5m) | ($19.7m) | ($7.2m) | ($12.0m) | ($33.6m) | ($80.5m) | ($3.9m) | ($45.4m) | |
| Gain (Loss) Related to Litigation Settlement | — | — | ($136.3m) | $34.7m | $0 | — | — | — | — | — | |
| Other income (expense): | |||||||||||
| Other Nonoperating Income (Expense) | $4.6m | $17.0m | ($20.1m) | ($16.7m) | ($5.3m) | $19.5m | ($47.0m) | ($65.5m) | $44.7m | ($20.9m) | |
| Other expense (income) - net | ($4.6m) | ($17.0m) | $20.1m | $16.7m | $5.3m | ($19.5m) | $47.0m | $65.5m | ($44.7m) | $20.9m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $1.5b | $1.5b | $1.3b | $1.9b | $2.3b | $2.1b | $2.4b | $2.8b | $3.0b | $3.0b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $1.6b | $1.5b | $1.4b | $2.0b | $2.5b | $2.2b | $2.6b | $3.1b | $3.5b | $3.3b | |
| Current Income Tax Expense (Benefit) | $530.8m | $362.1m | $394.3m | $571.6m | $634.1m | $464.5m | $697.8m | $810.0m | $845.3m | $616.5m | |
| Income Tax Expense (Benefit) | $462.5m | ($285.6m) | $250.9m | $440.5m | $488.8m | $384.2m | $553.0m | $721.1m | $770.4m | $769.7m | |
| Net Income (Loss) Attributable to Parent | $1.1b |
$1.8b
+56.46%
|
$1.1b
-37.44%
|
$1.5b
+39.01%
|
$2.0b
+31.73%
|
$1.9b
-8.18%
|
$2.0b
+8.35%
|
$2.4b
+18.25%
|
$2.7b
+12.25%
|
$2.6b
-4.21%
|
|
| Earnings Per Share, Basic | $1.37 | $2.12 | $1.32 | $1.87 | $2.49 | $7.10 | $7.83 | $9.35 | $10.68 | $10.37 | |
| Earnings Per Share, Diluted | $1.33 | $2.07 | $1.30 | $1.83 | $2.45 | $6.98 | $7.72 | $9.25 | $10.55 | $10.26 | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | $20 | $12 | $17 | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | $19 | $12 | $16 | — | — | — | — | — | — | |
| Weighted Average Number of Shares Outstanding, Basic | 826.5m | 836.2m | 836.9m | 826.2m | 813.8m | 262.5m | 258.0m | 255.4m | 251.0m | 247.6m | |
| Basic (in shares) | — | — | $93.0m | $91.8m | $90.4m | $262.5m | $258.0m | $255.4m | $251.0m | $247.6m | |
| Diluted (in shares) | — | — | $95.0m | $93.4m | $91.9m | $267.1m | $261.8m | $258.3m | $254.1m | $250.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | 850.4m | 854.3m | 854.9m | 841.0m | 827.5m | 267.1m | 261.8m | 258.3m | 254.1m | 250.4m | |
| Additional Financial Items | |||||||||||
| Environmental Remediation Expense | $42.9m | $15.4m | $176.3m | $23.0m | $37.1m | ($4.0m) | ($7.1m) | — | — | — | |
| Goodwill, Impairment Loss | $10.5m | — | — | — | — | — | — | — | — | — | |
| Other General Expense | — | — | — | — | — | — | — | $5.6m | $12.4m | $8.5m | |
| Other general (income) expense - net | $12.4m | $20.9m | $189.1m | $39.1m | $27.7m | $101.8m | ($24.9m) | $67.1m | ($38.8m) | ($10.2m) | |
| Impairment | — | — | — | — | — | $0 | $15.5m | $57.9m | $0 | $17.8m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | $1.1b | $1.5b | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $1.8b | $1.1b | $1.5b | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | ($41.5m) | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | $0 | $0 | — | — | — | — | — | — | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | ($10.8m) | $8.0m | $4.9m | $4.4m | $4.0m | ($21.1m) | ($13.1m) | ($13.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.