Market Summary
USD220.35+3.80
Market Closed1.75%
SHW Alerts
SHW Stock Price
SHW RSI Chart
SHW Valuation
SHW Price/Sales (Trailing)
SHW Profitability
SHW Fundamentals
SHW Revenue
SHW Earnings
Price Action
52 Week Range
194.75282.96
(Low)(High)
Last 7 days
-1.6%
Last 30 days
-7.1%
Last 90 days
-11.3%
Trailing 12 Months
-10.0%
SHW Financial Health
SHW Investor Care
Peers (Alternatives to Sherwin-Williams)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
SHW | 57.0B | 22.1B | -7.09% | -10.03% | 28.24 | 2.58 | 11.05% | 8.35% |
ECL | 45.2B | 14.2B | 7.67% | -4.79% | 41.38 | 3.18 | 11.42% | -3.38% |
LYB | 27.7B | 50.5B | -16.68% | -7.27% | 7.12 | 0.55 | 9.27% | -30.76% |
PPG | 26.8B | 17.7B | -2.11% | 3.18% | 24.98 | 1.52 | 5.06% | -28.70% |
IFF | 21.3B | 12.4B | -14.07% | -30.43% | -11.45 | 1.72 | 6.73% | -768.10% |
| MID-CAP | ||||||||
OLN | 6.9B | 9.4B | -19.85% | 0.94% | 5.18 | 0.73 | 5.23% | 2.33% |
ASH | 5.7B | 2.4B | -9.04% | 5.36% | 6.27 | 2.75 | 11.60% | 331.46% |
AXTA | 5.3B | 4.9B | -4.95% | 17.14% | 26.11 | 1.1 | 10.60% | -27.40% |
HUN | 5.1B | 8.0B | -12.87% | -28.62% | 11.13 | 0.64 | 4.60% | -55.98% |
SCL | 2.2B | 2.8B | -13.57% | -2.08% | 14.94 | 0.79 | 18.21% | 6.78% |
| SMALL-CAP | ||||||||
CCF | 960.2M | 353.5M | 7.02% | 16.57% | 23.04 | 2.72 | 17.39% | -4.89% |
HWKN | 889.5M | 929.9M | 2.50% | -7.95% | 15.07 | 0.96 | 30.14% | 17.90% |
TREC | 232.0M | - | 0.72% | 17.91% | 25.81 | 0.77 | - | - |
AGFS | 158.5M | 169.3M | - | 50.51% | -6.94 | 0.94 | 4.53% | -109.31% |
CMT | 143.5M | 377.4M | 9.13% | 64.39% | 11.76 | 0.38 | 22.73% | 161.25% |
Financials for Sherwin-Williams
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 2.2% | 22,149 | 21,681 | 20,780 | 20,287 | 19,945 |
| Gross Profit | 3.9% | 9,325 | 8,971 | 8,521 | 8,484 | 8,543 |
| S&GA Expenses | 2.0% | 6,015 | 5,895 | 5,735 | 5,654 | 5,573 |
| EBITDA | 7.1% | 3,228 | 3,013 | 2,728 | 2,804 | - |
| EBITDA Margin | 4.9% | 0.15* | 0.14* | 0.13* | 0.14* | - |
| Earnings Before Taxes | 7.8% | 2,573 | 2,387 | 2,121 | 2,201 | 2,249 |
| EBT Margin | 5.5% | 0.12* | 0.11* | 0.10* | 0.11* | - |
| Interest Expenses | 6.4% | 391 | 367 | 349 | 340 | 335 |
| Net Income | 4.2% | 2,020 | 1,938 | 1,755 | 1,826 | 1,864 |
| Net Income Margin | 2.0% | 0.09* | 0.09* | 0.08* | 0.09* | - |
| Free Cahsflow | 30.4% | 1,920 | 1,473 | 1,683 | 2,075 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 1.6% | 22,594 | 22,246 | 22,053 | 21,730 | 20,667 |
| Current Assets | -3.4% | 5,908 | 6,117 | 6,260 | 6,086 | 5,054 |
| Cash Equivalents | 52.3% | 199 | 131 | 313 | 401 | 166 |
| Inventory | 3.1% | 2,627 | 2,548 | 2,412 | 2,329 | 1,927 |
| Net PPE | 8.1% | 2,207 | 2,041 | 1,962 | 1,907 | 1,867 |
| Goodwill | 3.6% | 7,583 | 7,318 | 7,106 | 7,059 | 7,135 |
| Current Liabilities | -2.2% | 5,961 | 6,096 | 7,198 | 6,953 | 5,720 |
| . Short Term Borrowings | 3.5% | 978 | 945 | 2,012 | 1,740 | 764 |
| Long Term Debt | 11.6% | 9,590 | 8,594 | 8,853 | 8,852 | - |
| LT Debt, Current | 0% | 1.00 | 1.00 | 1.00 | 261 | 261 |
| LT Debt, Non Current | 0.0% | 9,591 | 9,589 | 8,594 | 8,592 | 8,591 |
| Shareholder's Equity | 19.4% | 3,102 | 2,598 | 2,225 | 2,234 | 2,437 |
| Retained Earnings | 7.0% | 3,523 | 3,293 | 2,763 | 2,342 | 2,122 |
| Additional Paid-In Capital | 1.1% | 3,964 | 3,920 | 3,880 | 3,843 | 3,793 |
| Shares Outstanding | -0.1% | 259 | 259 | 259 | 260 | 261 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 30.4% | 1,920 | 1,473 | 1,683 | 2,075 | 2,245 |
| Share Based Compensation | -11.6% | 100 | 113 | 112 | 111 | 98.00 |
| Cashflow From Investing | -23.6% | -1,607 | -1,300 | -877 | -665 | -476 |
| Cashflow From Financing | 21.5% | -282 | -359 | -716 | -1,323 | -1,834 |
| Dividend Payments | 1.9% | 619 | 607 | 597 | 586 | 587 |
| Buy Backs | -38.1% | 883 | 1,427 | 1,810 | 2,384 | 2,752 |
Risks for SHW
What is the probability of a big loss on SHW?
60%
Probability that Sherwin-Williams stock will be more than 20% underwater in next one year
34.2%
Probability that Sherwin-Williams stock will be more than 30% underwater in next one year.
5%
Probability that Sherwin-Williams stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does SHW drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Sherwin-Williams was unfortunately bought at previous high price.
Drawdowns
Returns for SHW
Cumulative Returns on SHW
15.5%
10-Year Cumulative Returns
13.4%
7-Year Cumulative Returns
10.6%
5-Year Cumulative Returns
10.0%
3-Year Cumulative Returns
What are the long-term rolling returns for SHW?
FIve years rolling returns for Sherwin-Williams.
Annualized Returns
Which funds bought or sold SHW recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -0.07 | 390,157 | 2,859,160 | 0.08% |
2023-03-13 | Claro Advisors LLC | new | - | 519,045 | 519,045 | 0.17% |
2023-03-10 | BAILLIE GIFFORD & CO | reduced | -3.96 | 1,030,570 | 10,132,600 | 0.01% |
2023-03-10 | MATHER GROUP, LLC. | added | 4.12 | 70,908 | 413,908 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -12.85 | 344,048 | 34,189,000 | 0.04% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -5.5 | 999,000 | 11,487,000 | 0.06% |
2023-03-03 | TIAA, FSB | added | 764 | 8,764,280 | 9,735,280 | 0.04% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 855,338 | 855,338 | 0.01% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | reduced | -50.95 | -325,050 | 427,950 | 0.24% |
2023-03-01 | SMITHBRIDGE ASSET MANAGEMENT INC/DE | new | - | 3,676,000 | 3,676,000 | 0.98% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
SHW Alerts
Sherwin-Williams News
Schedule 13G FIlings of Sherwin-Williams
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 8.14% | 21,083,709 | SC 13G/A | |
| Feb 01, 2023 | blackrock inc. | 6.5% | 16,754,718 | SC 13G/A | |
| Feb 10, 2022 | vanguard group inc | 7.86% | 20,613,398 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 6.5% | 17,169,250 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 7.74% | 7,030,205 | SC 13G/A | |
| Feb 01, 2021 | blackrock inc. | 6.5% | 5,921,534 | SC 13G/A | |
| Feb 12, 2020 | vanguard group inc | 7.91% | 7,306,533 | SC 13G/A | |
| Feb 06, 2020 | blackrock inc. | 6.8% | 6,254,233 | SC 13G/A |
SHW Fair Value
Sherwin-Williams fair value in different scenarios
The table shows the Fair Value estimates for Sherwin-Williams for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 111.72 -49.30% | 138.14 -37.31% | 192.47 -12.65% | 256.14 16.24% | 339.88 54.25% |
| Current Inflation | 101.90 -53.76% | 124.23 -43.62% | 169.66 -23.00% | 222.71 1.07% | 292.60 32.79% |
| Very High Inflation | 89.85 -59.22% | 107.48 -51.22% | 142.91 -35.14% | 184.13 -16.44% | 238.62 8.29% |
Historical Sherwin-Williams Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Sherwin-Williams
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 08, 2023 | DEF 14A | DEF 14A | |
| Mar 08, 2023 | DEFA14A | DEFA14A | |
| Mar 08, 2023 | ARS | ARS | |
| Feb 28, 2023 | 8-K | Current Report | |
| Feb 27, 2023 | 4 | Insider Trading | |
| Feb 22, 2023 | 4 | Insider Trading | |
| Feb 22, 2023 | 4 | Insider Trading | |
| Feb 22, 2023 | 4 | Insider Trading | |
| Feb 22, 2023 | 4 | Insider Trading | |
| Feb 22, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for SHW
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-02-23 | Young Bryan J | sold | -607,090 | 220 | -2,750 | svp - corp strategy & devel. |
2023-02-17 | Young Bryan J | sold (taxes) | -361,968 | 226 | -1,600 | svp - corp strategy & devel. |
2023-02-17 | GARCEAU MARY L | sold (taxes) | -852,208 | 226 | -3,767 | svp, gen. counsel & secretary |
2023-02-17 | Rea Todd D | acquired | - | - | 1,080 | president, consumer brands grp |
2023-02-17 | Petz Heidi G | sold (taxes) | -331,653 | 226 | -1,466 | president & coo |
2023-02-17 | Young Bryan J | acquired | - | - | 4,500 | svp - corp strategy & devel. |
2023-02-17 | Sofish Gregory P. | acquired | - | - | 1,260 | svp - human resources |
2023-02-17 | Sladek Joseph F | sold (taxes) | -86,646 | 226 | -383 | pres. & gm, glob. supply chain |
2023-02-17 | Jorgenrud Karl J | sold (taxes) | -496,122 | 226 | -2,193 | president, perf coatings group |
2023-02-17 | Sofish Gregory P. | sold (taxes) | -86,646 | 226 | -383 | svp - human resources |
The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers and distributors. The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil coatings, packaging coatings, and performance-based resins and colorants. It serves retailers, dealers, jobbers, licensees, and other third-party distributors through its branches and direct sales staff, as well as through outside sales representatives. The company has operations primarily in the North and South America, the Caribbean, Europe, Asia, and Australia. As of February 17, 2022, it operated approximately 5,000 company-operated stores and facilities. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.
SHW Income Statement
2022-12-31Statements of Consolidated Income - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Income Statement [Abstract] | |||
| Net sales | $ 22,148.9 | $ 19,944.6 | $ 18,361.7 |
| Cost of goods sold | 12,823.8 | 11,401.9 | 9,679.1 |
| Gross profit | $ 9,325.1 | $ 8,542.7 | $ 8,682.6 |
| Gross profit, percent to net sales | 42.10% | 42.80% | 47.30% |
| Selling, general and administrative expenses | $ 6,014.5 | $ 5,572.5 | $ 5,477.9 |
| Selling, general and administrative expenses, percent to net sales | 27.20% | 27.90% | 29.80% |
| Other general (income) expense - net | $ (24.9) | $ 101.8 | $ 27.7 |
| Amortization | 317.1 | 309.5 | 313.4 |
| Impairment of trademarks | 15.5 | 0.0 | 2.3 |
| Interest expense | 390.8 | 334.7 | 340.4 |
| Interest income | (8.0) | (4.9) | (3.6) |
| Other expense (income) - net | 47.0 | (19.5) | 5.3 |
| Income before income taxes | 2,573.1 | 2,248.6 | 2,519.2 |
| Income tax expense | 553.0 | 384.2 | 488.8 |
| Net income | $ 2,020.1 | $ 1,864.4 | $ 2,030.4 |
| Net income per share: | |||
| Basic (in dollars per share) | $ 7.83 | $ 7.10 | $ 7.48 |
| Diluted (in dollars per share) | $ 7.72 | $ 6.98 | $ 7.36 |
| Weighted average shares outstanding: | |||
| Basic (in shares) | 258.0 | 262.5 | 271.3 |
| Diluted (in shares) | 261.8 | 267.1 | 275.8 |
SHW Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 |
|---|---|---|---|
| Current assets: | |||
| Cash and cash equivalents | $ 198.8 | $ 165.7 | $ 226.6 |
| Accounts receivable, less allowance | 2,563.6 | 2,352.4 | 2,078.1 |
| Inventories | 2,626.5 | 1,927.2 | 1,804.1 |
| Other current assets | 518.8 | 608.4 | 482.6 |
| Total current assets | 5,907.7 | 5,053.7 | 4,591.4 |
| Property, plant and equipment, net | 2,207.0 | 1,867.3 | 1,834.5 |
| Goodwill | 7,583.2 | 7,134.6 | 7,049.1 |
| Intangible assets, net | 4,002.0 | 4,001.5 | 4,471.2 |
| Operating lease right-of-use assets | 1,866.8 | 1,820.6 | 1,761.1 |
| Other assets | 1,027.3 | 789.0 | 694.3 |
| Total Assets | 22,594.0 | 20,666.7 | 20,401.6 |
| Current liabilities: | |||
| Short-term borrowings | 978.1 | 763.5 | 0.1 |
| Accounts payable | 2,436.5 | 2,403.0 | 2,117.8 |
| Compensation and taxes withheld | 784.5 | 716.6 | 752.7 |
| Accrued taxes | 197.4 | 160.3 | 183.5 |
| Current portion of long-term debt | 0.6 | 260.6 | 25.1 |
| Current portion of operating lease liabilities | 425.3 | 409.7 | 387.3 |
| Other accruals | 1,138.3 | 1,005.8 | 1,127.9 |
| Total current liabilities | 5,960.7 | 5,719.5 | 4,594.4 |
| Long-term debt | 9,591.0 | 8,590.9 | 8,266.9 |
| Postretirement benefits other than pensions | 139.3 | 259.4 | 275.6 |
| Deferred income taxes | 681.6 | 768.2 | 846.1 |
| Long-term operating lease liabilities | 1,512.9 | 1,470.7 | 1,434.1 |
| Other long-term liabilities | 1,606.4 | 1,420.8 | 1,373.7 |
| Shareholders’ equity: | |||
| Common stock - $0.33-1/3 par value: 258.9, 261.1, and 268.7 million shares outstanding at December 31, 2022, 2021 and 2020, respectively | 91.2 | 90.8 | 89.9 |
| Other capital | 3,963.9 | 3,793.0 | 3,491.4 |
| Retained earnings | 3,523.2 | 2,121.7 | 844.3 |
| Treasury stock, at cost | (3,775.6) | (2,869.9) | (96.5) |
| Accumulated other comprehensive loss | (700.6) | (698.4) | (718.3) |
| Total shareholders’ equity | 3,102.1 | 2,437.2 | 3,610.8 |
| Total Liabilities and Shareholders’ Equity | $ 22,594.0 | $ 20,666.7 | $ 20,401.6 |