Sherwin-Williams Co (SHW)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 3,773,000 | 3,692,700 | 2,979,400 | 2,583,300 | 2,858,300 |
| Total assets | US$ in thousands | 23,632,600 | 22,954,400 | 22,594,000 | 20,666,700 | 20,401,600 |
| Operating ROA | 15.97% | 16.09% | 13.19% | 12.50% | 14.01% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $3,773,000K ÷ $23,632,600K
= 15.97%
Sherwin-Williams Co's operating return on assets (operating ROA) has exhibited fluctuations over the years as follows:
- In December 31, 2020, the operating ROA was 14.01%.
- By December 31, 2021, the operating ROA decreased to 12.50%.
- In December 31, 2022, there was a slight improvement in the operating ROA to 13.19%.
- A more significant increase was observed by December 31, 2023, with the operating ROA reaching 16.09%.
- Subsequently, by December 31, 2024, the operating ROA remained relatively stable at 15.97%.
This pattern indicates some variability in the company's ability to generate operating income relative to its assets over the specified period. It is important for investors and stakeholders to closely monitor these changes to assess the company's operational efficiency and profitability in leveraging its assets effectively.
Peer comparison
Dec 31, 2024