Sherwin-Williams Co (SHW)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,784,400 | 3,786,900 | 3,815,500 | 3,696,000 | 3,534,800 | 3,460,700 | 3,278,900 | 3,014,100 | 3,006,300 | 2,781,400 | 2,497,500 | 2,543,300 | 2,685,500 | 2,852,700 | 3,118,400 | 3,056,800 | 2,854,200 | 2,749,284 | 2,581,817 | 2,515,503 |
| Total assets | US$ in thousands | 23,632,600 | 23,968,300 | 23,734,000 | 23,428,100 | 22,954,400 | 23,004,500 | 23,166,100 | 23,129,900 | 22,594,000 | 22,245,800 | 22,052,800 | 21,730,400 | 20,666,700 | 20,736,600 | 20,519,600 | 20,435,000 | 20,401,600 | 20,809,700 | 20,494,500 | 20,570,300 |
| Operating ROA | 16.01% | 15.80% | 16.08% | 15.78% | 15.40% | 15.04% | 14.15% | 13.03% | 13.31% | 12.50% | 11.33% | 11.70% | 12.99% | 13.76% | 15.20% | 14.96% | 13.99% | 13.21% | 12.60% | 12.23% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $3,784,400K ÷ $23,632,600K
= 16.01%
Operating Return on Assets (ROA) is a key profitability ratio that measures a company's ability to generate profits from its operational activities relative to its total assets. For Sherwin-Williams Co, the operating ROA has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024.
Starting at 12.23% as of March 31, 2020, Sherwin-Williams Co's operating ROA increased gradually, reaching a peak of 16.08% on June 30, 2024. This upward trend indicates an improvement in the company's operational efficiency and ability to generate profits from its asset base.
However, there were fluctuations in the operating ROA during this period, with some quarters showing slight decreases. For example, there was a decrease from 15.40% on December 31, 2023, to 15.78% on March 31, 2024, before rising again in the subsequent quarters.
Overall, the operating ROA of Sherwin-Williams Co demonstrates a generally positive trend, reflecting the company's ability to effectively utilize its assets to generate profits from its core operations. Investors and stakeholders may view this trend favorably, as it indicates the company's efficiency in generating returns from its asset base.
Peer comparison
Dec 31, 2024