Stock Analysis on Net
Stock Analysis on Net

Sherwin-Williams Co. (NYSE:SHW)

This company has been moved to the archive! The financial data has not been updated since July 27, 2022.

Common-Size Income Statement
Quarterly Data

Sherwin-Williams Co., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Net sales 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Cost of goods sold -58.30 -58.93 -60.53 -58.43 -55.18 -54.64 -52.58 -52.07 -52.02 -54.43 -53.97 -54.28 -55.28 -57.06 -58.60 -57.51 -57.30 -57.46 -54.80 -57.80 -53.50 -51.36
Gross profit 41.70% 41.07% 39.47% 41.57% 44.82% 45.36% 47.42% 47.93% 47.98% 45.57% 46.03% 45.72% 44.72% 42.94% 41.40% 42.49% 42.70% 42.54% 45.20% 42.20% 46.50% 48.64%
Selling, general and administrative expenses -25.87 -28.16 -30.24 -26.60 -26.73 -28.48 -32.80 -27.46 -28.05 -31.53 -32.92 -27.63 -27.29 -30.79 -30.47 -26.91 -27.40 -30.63 -33.26 -28.98 -30.66 -36.58
Other general income (expense), net -0.07 -0.05 0.20 0.02 0.10 -2.52 -0.33 -0.20 0.02 -0.09 -0.50 -0.25 -0.15 0.01 -3.63 -0.24 -0.57 -0.08 -0.37 -0.09 -0.05 -0.01
Amortization -1.34 -1.56 -1.60 -1.48 -1.45 -1.70 -1.76 -1.54 -1.68 -1.88 -1.91 -1.59 -1.60 -1.95 -1.95 -1.69 -1.55 -2.14 -2.21 -1.86 -0.77 -0.22
Impairment of trademarks 0.00 0.00 0.00 0.00 0.00 0.00 -0.05 0.00 0.00 0.00 -2.97 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.05 0.00 0.00 0.00
Operating income 14.42% 11.30% 7.83% 13.52% 16.75% 12.66% 12.48% 18.73% 18.27% 12.07% 7.75% 16.25% 15.68% 10.21% 5.36% 13.65% 13.19% 9.69% 9.31% 11.28% 15.01% 11.83%
Interest expense -1.58 -1.77 -1.78 -1.61 -1.55 -1.79 -1.84 -1.63 -1.91 -2.08 -2.04 -1.75 -1.83 -2.25 -2.20 -1.95 -1.96 -2.31 -2.25 -2.03 -1.52 -0.93
Interest income 0.02 0.02 0.06 0.01 0.01 0.01 0.02 0.03 0.01 0.01 0.59 0.01 0.01 0.01 0.06 0.01 0.01 0.04 0.04 0.05 0.08 0.05
Other income (expense), net -0.26 -0.33 0.38 -0.03 0.02 0.05 0.56 -0.04 -0.14 -0.54 0.93 0.08 -0.01 -0.58 -0.71 -2.92 0.02 0.23 0.05 0.19 0.05 0.16
Income from continuing operations before income taxes 12.60% 9.22% 6.49% 11.88% 15.23% 10.93% 11.23% 17.09% 16.23% 9.46% 7.23% 14.58% 13.85% 7.40% 2.51% 8.79% 11.27% 7.66% 7.16% 9.49% 13.62% 11.10%
Income taxes -2.76 -1.81 -0.10 -2.12 -3.17 -2.13 -2.16 -3.31 -3.29 -1.70 -1.19 -2.74 -4.20 -1.33 -0.03 -1.31 -2.82 -1.35 15.39 -2.47 -3.97 -2.44
Net income from continuing operations 9.84% 7.42% 6.38% 9.76% 12.06% 8.80% 9.07% 13.78% 12.94% 7.76% 6.04% 11.84% 9.66% 6.07% 2.48% 7.48% 8.45% 6.31% 22.55% 7.02% 9.65% 8.66%
Net loss from discontinued operations 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1.11 0.00
Net income 9.84% 7.42% 6.38% 9.76% 12.06% 8.80% 9.07% 13.78% 12.94% 7.76% 6.04% 11.84% 9.66% 6.07% 2.48% 7.48% 8.45% 6.31% 22.55% 7.02% 8.54% 8.66%

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Sherwin-Williams Co. operating income as a percentage of net sales increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
Income from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Sherwin-Williams Co. income from continuing operations before income taxes as a percentage of net sales increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Sherwin-Williams Co. net income as a percentage of net sales increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.