The Sherwin-Williams Company
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. The Sherwin-Williams Company's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $23,051,900,000. The net income raised on $2,388,800,000 and profit margin reached 10%. Total operating expenses were $7,065,400,000.
Profit Margin
| 2014 | 11.12B | 865.88M | 7.78% |
|---|---|---|---|
| 2015 | 11.33B | 1.05B | 9.29% |
| 2016 | 11.85B | 1.13B | 9.55% |
| 2017 | 14.98B | 1.77B | 11.83% |
| 2018 | 17.53B | 1.10B | 6.32% |
| 2019 | 17.90B | 1.54B | 8.61% |
| 2020 | 18.36B | 2.03B | 11.06% |
| 2021 | 19.94B | 1.86B | 9.35% |
| 2022 | 22.14B | 2.02B | 9.12% |
| 2023 | 23.05B | 2.38B | 10.36% |
0L5V.L Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 23.05B | 22.14B | 19.94B | 18.36B | 17.90B | 17.53B | 14.98B | 11.85B | 11.33B | 11.12B |
Cost of revenue | 12.29B | 12.82B | 11.40B | 9.67B | 9.86B | 10.11B | 8.20B | 5.93B | 5.78B | 5.96B |
Gross profit | 10.75B | 9.32B | 8.54B | 8.68B | 8.03B | 7.41B | 6.78B | 5.92B | 5.55B | 5.16B |
Operating exp. | ||||||||||
Research and development | 196.6M | 119.3M | 115.9M | 97.1M | 103.1M | 51.92M | 58.47M | 58.04M | 57.66M | 50.01M |
Selling and marketing | 420.7M | 24.9M | -101.8M | -27.7M | -39.1M | 357.8M | 374.1M | 351.00M | 338.18M | 299.20M |
Total operating expenses | 7.06B | 6.33B | 5.88B | 5.79B | 5.58B | 5.35B | 4.99B | 4.15B | 3.91B | 3.82B |
Operating income | 3.51B | 2.97B | 2.58B | 2.85B | 2.41B | 1.86B | 1.79B | 1.56B | 1.41B | 1.12B |
Other income (expenses), net | -407.3M | -406.3M | -334.7M | -335M | -436.7M | -345.57M | -229.7M | -18.46M | -65.67M | -47.24M |
Income before tax | 3.10B | 2.57B | 2.24B | 2.51B | 1.98B | 1.35B | 1.52B | 1.59B | 1.54B | 1.25B |
Income tax expense | 721.1M | 553M | 384.2M | 488.8M | 440.5M | 250.90M | -285.58M | 462.53M | 495.11M | 392.33M |
Net income | 2.38B | 2.02B | 1.86B | 2.03B | 1.54B | 1.10B | 1.77B | 1.13B | 1.05B | 865.88M |
Earnings per share | ||||||||||
Basic EPS | 9.35 | 7.83 | 7.1 | 7.48 | 5.6 | 3.97 | 6.36 | 4.11 | 3.79 | 2.98 |
Diluted EPS | 9.25 | 7.72 | 6.98 | 7.36 | 5.5 | 3.89 | 6.22 | 4 | 3.72 | 2.93 |
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