Sherwin-Williams Co (SHW)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,681,400 | 2,557,500 | 2,512,800 | 2,416,600 | 2,388,800 | 2,418,900 | 2,342,500 | 2,126,700 | 2,020,100 | 1,937,800 | 1,754,900 | 1,825,600 | 1,864,400 | 1,967,400 | 2,171,000 | 2,118,300 | 2,030,400 | 1,872,022 | 1,742,722 | 1,617,822 |
| Revenue (ttm) | US$ in thousands | 23,098,500 | 23,053,500 | 23,007,700 | 22,976,800 | 23,051,900 | 23,030,200 | 22,960,900 | 22,592,600 | 22,148,900 | 21,680,500 | 20,779,800 | 20,287,300 | 19,944,600 | 19,671,300 | 19,646,800 | 18,871,000 | 18,361,700 | 17,987,300 | 17,732,750 | 18,006,610 |
| Net profit margin | 11.61% | 11.09% | 10.92% | 10.52% | 10.36% | 10.50% | 10.20% | 9.41% | 9.12% | 8.94% | 8.45% | 9.00% | 9.35% | 10.00% | 11.05% | 11.23% | 11.06% | 10.41% | 9.83% | 8.98% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,681,400K ÷ $23,098,500K
= 11.61%
The net profit margin of Sherwin-Williams Co has fluctuated over the past few years, showing variations in profitability. The trend indicates a general increase from March 2020 to December 2021, with the margin peaking at 11.23% in March 2021. However, there was a slight decline in profitability in the subsequent quarters.
From March 2022 to June 2024, the net profit margin experienced some volatility, initially dropping to 8.45% in June 2022, before gradually improving again. The margin reached a high of 11.61% in December 2024, showcasing a recovery in profitability.
Overall, the net profit margin of Sherwin-Williams Co has shown resilience, with some fluctuations but maintaining levels above 8% in most quarters. It is essential for stakeholders to monitor the company's profitability closely to assess its financial performance accurately.
Peer comparison
Dec 31, 2024