Sherwin-Williams Co (SHW)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 48.47% | 48.46% | 48.07% | 47.30% | 46.67% | 45.35% | 44.06% | 42.90% | 42.10% | 41.38% | 41.01% | 41.82% | 42.83% | 44.69% | 46.36% | 47.19% | 47.29% | 46.97% | 46.34% | 45.49% |
| Operating profit margin | 16.38% | 16.43% | 16.58% | 16.09% | 15.33% | 15.03% | 14.28% | 13.34% | 13.57% | 12.83% | 12.02% | 12.54% | 13.46% | 14.50% | 15.87% | 16.20% | 15.54% | 15.28% | 14.56% | 13.97% |
| 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% |
| 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% |
The profitability ratios for Sherwin-Williams Co have shown some fluctuations over the periods analyzed:
1. Gross Profit Margin: The gross profit margin has generally displayed a decreasing trend from 45.49% as of March 31, 2020, to 48.47% by December 31, 2024. However, there were periods of both increase and decrease in between, with some fluctuations, but overall a positive trend.
2. Operating Profit Margin: The operating profit margin has varied during the periods analyzed, with an initial increase from 13.97% on March 31, 2020, reaching a peak of 16.58% by June 30, 2024. Overall, the operating profit margin has shown a slight upward trend over the years.
3. Pre-Tax Margin: The pre-tax margin has fluctuated between 10.21% on June 30, 2022, and 14.94% by December 31, 2024. There were periods of increase and decrease in between, indicating some volatility in the company's profitability before registering an uptrend towards the end of 2024.
4. Net Profit Margin: The net profit margin has also experienced fluctuations over the years, varying from 8.45% on June 30, 2022, to 11.61% by December 31, 2024. Despite some ups and downs, the net profit margin generally shows an increasing trend, indicating improving profitability for Sherwin-Williams Co.
In conclusion, while there have been fluctuations in profitability ratios for Sherwin-Williams Co, there is an overall positive trend in gross profit margin, operating profit margin, pre-tax margin, and net profit margin, reflecting an improvement in the company's profitability over the periods analyzed.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 11.35% | 10.67% | 10.59% | 10.31% | 10.41% | 10.51% | 10.11% | 9.19% | 8.94% | 8.71% | 7.96% | 8.40% | 9.02% | 9.49% | 10.58% | 10.37% | 9.95% | 9.00% | 8.50% | 7.86% |
| Return on total capital | 16.13% | 90.52% | 99.89% | 103.86% | 97.86% | 76.38% | 75.81% | 77.71% | 73.67% | 106.48% | 111.56% | 114.18% | 110.88% | 106.52% | 110.08% | 99.14% | 78.91% | 49.82% | 49.82% | 56.57% |
| Return on equity (ROE) | 11.35% | 61.54% | 66.98% | 68.97% | 64.29% | 63.99% | 64.51% | 67.16% | 65.12% | 74.59% | 78.89% | 81.71% | 76.50% | 73.13% | 76.43% | 68.81% | 56.23% | 44.49% | 45.03% | 49.19% |
Sherwin-Williams Co's profitability ratios show a positive trend over the past few years.
- Operating Return on Assets (Operating ROA): This ratio increased steadily from 12.23% as of March 31, 2020, to 16.01% as of December 31, 2024. This indicates that the company's operating income generated from its assets has been improving.
- Return on Assets (ROA): Similarly, the ROA also displayed growth, rising from 7.86% as of March 31, 2020, to 11.35% as of December 31, 2024. This shows that the company's net income relative to its total assets has been increasing over the period.
- Return on Total Capital: The return on total capital ratio fluctuated over the years but generally showed an increase, peaking at 114.18% as of March 31, 2022. However, it decreased significantly to 16.13% by December 31, 2024, indicating a decrease in returns generated relative to the total capital employed.
- Return on Equity (ROE): The ROE also exhibited a positive trajectory, reaching a high of 81.71% as of March 31, 2022, before declining to 11.35% by December 31, 2024. This suggests that the company's profitability in relation to shareholders' equity has been fluctuating.
Overall, Sherwin-Williams Co's profitability ratios reflect a mix of improvements and fluctuations in profitability over the analyzed period, highlighting the company's ability to generate returns from its assets and equity, albeit with some variability in performance.