SHWThe Sherwin-Williams Company

$83B

Q3 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$6.1B+1.1% YoY

Gross Profit

$2.9B47.7% margin

Operating Income

$1.1B18.2% margin

Net Income

$762M12.4% margin

EPS (Diluted)

$2.95

QoQ Revenue Growth

-2.0%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.2B

Stock-Based Comp.

$27M

Balance Sheet

Total Assets

$23.0B

Total Liabilities

$19.2B

Stockholders' Equity

$3.8B

Cash & Equivalents

$503M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.1B	$6.0B	+1.1%
Gross Profit	$2.9B	$2.6B	+12.6%
Operating Income	$1.1B	$973M	+14.1%
Net Income	$762M	$685M	+11.2%

Revenue Segments

Paint Stores Group

$3.5B47%

Consumer Group

$2.2B29%

Global Finishes Group

$1.8B24%

SHW Q3 2023 Earnings — The Sherwin-Williams Company Revenue & Financial Results | Market Cap Arena