Sherwin-Williams Co (SHW)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 23,632,600 | 4,156,100 | 3,751,800 | 3,503,700 | 3,715,800 | 3,780,000 | 3,631,100 | 3,166,800 | 3,102,100 | 2,597,800 | 2,224,600 | 2,234,300 | 2,437,200 | 2,690,300 | 2,840,400 | 3,078,700 | 3,610,800 | 4,207,300 | 3,869,900 | 3,289,100 |
| 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,681,400K ÷ $23,632,600K
= 11.35%
Sherwin-Williams Co's return on equity (ROE) has exhibited fluctuations over the analyzed period from March 31, 2020, to December 31, 2024. The ROE started at a relatively high level of 49.19% in March 2020 and showed a general increasing trend, reaching a peak of 81.71% by March 31, 2022. This upward trend indicates an improvement in the company's ability to generate profits from shareholders' equity.
However, the ROE began to decline after reaching this peak, with values dropping to 61.54% by September 30, 2024, and significantly decreasing to 11.35% by December 31, 2024. This steep decline in ROE suggests a deterioration in the company's profitability relative to shareholders' equity.
Overall, the fluctuations in Sherwin-Williams Co's ROE over the analyzed period highlight the importance of monitoring and analyzing this metric continuously to assess the company's profitability and efficiency in utilizing shareholders' equity.
Peer comparison
Dec 31, 2024