Sherwin-Williams Co (SHW)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $2,681,400K ÷ $23,632,600K
= 11.35%
Sherwin-Williams Co's return on assets (ROA) has demonstrated a consistent upward trend over the past few years, indicating the company's ability to generate more profit relative to its asset base. The ROA increased from 7.86% as of March 31, 2020, to 11.35% as of December 31, 2024. This improvement suggests efficient asset utilization and effective management in generating earnings from its assets.
However, it is important to note that there were fluctuations in the ROA during this period, with some quarters showing lower percentages, such as 7.86% in March 31, 2020, and 7.96% in June 30, 2022. Despite these fluctuations, the overall trend demonstrates a favorable performance in terms of generating earnings from its asset base.
Overall, based on the data provided, Sherwin-Williams Co has shown a positive trend in its return on assets, indicating effective management of assets to generate profits for the company.
Peer comparison
Dec 31, 2024