Sherwin-Williams Co (SHW)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 3,451,800 | 3,310,200 | 3,296,400 | 3,135,100 | 3,109,900 | 3,130,800 | 2,999,000 | 2,726,800 | 2,573,100 | 2,387,100 | 2,121,400 | 2,200,700 | 2,248,600 | 2,443,600 | 2,707,700 | 2,635,900 | 2,519,200 | 2,312,700 | 2,146,933 | 2,075,234 |
| 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 |
| Pretax margin | 14.94% | 14.36% | 14.33% | 13.64% | 13.49% | 13.59% | 13.06% | 12.07% | 11.62% | 11.01% | 10.21% | 10.85% | 11.27% | 12.42% | 13.78% | 13.97% | 13.72% | 12.86% | 12.11% | 11.52% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,451,800K ÷ $23,098,500K
= 14.94%
The pretax margin of Sherwin-Williams Co has shown fluctuations over the period, with an increasing trend from March 31, 2020, to June 30, 2024. The pretax margin stood at 11.52% on March 31, 2020, and gradually rose to 14.94% by December 31, 2024.
There were some quarterly fluctuations in the pretax margin during this period, which indicates changes in the company's profitability before accounting for taxes. The pretax margin peaked at 14.94% on December 31, 2024, showing the highest level of profitability in the observed period.
Investors and analysts closely monitor pretax margin as it reflects how efficiently a company is generating profits from its operations before accounting for tax expenses. Higher pretax margins indicate better operational efficiency and profitability, whereas declining margins may raise concerns about the company's cost management or revenue generation strategies.
Peer comparison
Dec 31, 2024