Net Profit Margin
since 2005
Calculation
Sherwin-Williams Co., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 10.36% | = | 100 | × | 2,388,800) | ÷ | 23,051,900) |
| Dec 31, 2022 | 9.12% | = | 100 | × | 2,020,100) | ÷ | 22,148,900) |
| Dec 31, 2021 | 9.35% | = | 100 | × | 1,864,400) | ÷ | 19,944,600) |
| Dec 31, 2020 | 11.06% | = | 100 | × | 2,030,400) | ÷ | 18,361,700) |
| Dec 31, 2019 | 8.61% | = | 100 | × | 1,541,300) | ÷ | 17,900,800) |
| Dec 31, 2018 | 6.32% | = | 100 | × | 1,108,746) | ÷ | 17,534,493) |
| Dec 31, 2017 | 11.83% | = | 100 | × | 1,772,262) | ÷ | 14,983,788) |
| Dec 31, 2016 | 9.55% | = | 100 | × | 1,132,703) | ÷ | 11,855,602) |
| Dec 31, 2015 | 9.29% | = | 100 | × | 1,053,849) | ÷ | 11,339,304) |
| Dec 31, 2014 | 7.78% | = | 100 | × | 865,887) | ÷ | 11,129,533) |
| Dec 31, 2013 | 7.39% | = | 100 | × | 752,561) | ÷ | 10,185,532) |
| Dec 31, 2012 | 6.62% | = | 100 | × | 631,034) | ÷ | 9,534,462) |
| Dec 31, 2011 | 5.04% | = | 100 | × | 441,860) | ÷ | 8,765,699) |
| Dec 31, 2010 | 5.95% | = | 100 | × | 462,485) | ÷ | 7,776,424) |
| Dec 31, 2009 | 6.14% | = | 100 | × | 435,848) | ÷ | 7,094,249) |
| Dec 31, 2008 | 5.98% | = | 100 | × | 476,876) | ÷ | 7,979,727) |
| Dec 31, 2007 | 7.69% | = | 100 | × | 615,578) | ÷ | 8,005,292) |
| Dec 31, 2006 | 7.38% | = | 100 | × | 576,058) | ÷ | 7,809,759) |
| Dec 31, 2005 | 6.44% | = | 100 | × | 463,258) | ÷ | 7,190,661) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Sherwin-Williams Co., net profit margin, long-term trends, comparison to competitors
| Sherwin-Williams Co. | Linde plc | |
|---|---|---|
| Dec 31, 2023 | 10.36% | 18.87% |
| Dec 31, 2022 | 9.12% | 12.43% |
| Dec 31, 2021 | 9.35% | 12.42% |
| Dec 31, 2020 | 11.06% | 9.18% |
| Dec 31, 2019 | 8.61% | 8.09% |
| Dec 31, 2018 | 6.32% | 29.40% |
| Dec 31, 2017 | 11.83% | 10.90% |
| Dec 31, 2016 | 9.55% | 14.24% |
| Dec 31, 2015 | 9.29% | 14.36% |
| Dec 31, 2014 | 7.78% | 13.80% |
| Dec 31, 2013 | 7.39% | 14.72% |
| Dec 31, 2012 | 6.62% | 15.07% |
| Dec 31, 2011 | 5.04% | 14.86% |
| Dec 31, 2010 | 5.95% | 11.81% |
| Dec 31, 2009 | 6.14% | 14.00% |
| Dec 31, 2008 | 5.98% | 11.22% |
| Dec 31, 2007 | 7.69% | 12.52% |
| Dec 31, 2006 | 7.38% | 11.87% |
| Dec 31, 2005 | 6.44% | 9.48% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Chemicals)
Sherwin-Williams Co., net profit margin, long-term trends, comparison to sector (chemicals)
| Sherwin-Williams Co. | Chemicals | |
|---|---|---|
| Dec 31, 2023 | 10.36% | 15.36% |
| Dec 31, 2022 | 9.12% | 11.11% |
| Dec 31, 2021 | 9.35% | 11.22% |
| Dec 31, 2020 | 11.06% | 9.94% |
| Dec 31, 2019 | 8.61% | 8.29% |
| Dec 31, 2018 | 6.32% | 16.93% |
| Dec 31, 2017 | 11.83% | 11.43% |
| Dec 31, 2016 | 9.55% | 11.76% |
| Dec 31, 2015 | 9.29% | 11.76% |
| Dec 31, 2014 | 7.78% | 10.94% |
| Dec 31, 2013 | 7.39% | 11.34% |
| Dec 31, 2012 | 6.62% | 11.19% |
| Dec 31, 2011 | 5.04% | 10.56% |
| Dec 31, 2010 | 5.95% | 9.26% |
| Dec 31, 2009 | 6.14% | 10.53% |
| Dec 31, 2008 | 5.98% | 8.99% |
| Dec 31, 2007 | 7.69% | 10.30% |
| Dec 31, 2006 | 7.38% | 9.69% |
| Dec 31, 2005 | 6.44% | 8.01% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Materials)
Sherwin-Williams Co., net profit margin, long-term trends, comparison to industry (materials)
| Sherwin-Williams Co. | Materials | |
|---|---|---|
| Dec 31, 2023 | 10.36% | 13.25% |
| Dec 31, 2022 | 9.12% | 12.31% |
| Dec 31, 2021 | 9.35% | 13.59% |
| Dec 31, 2020 | 11.06% | 8.58% |
| Dec 31, 2019 | 8.61% | 5.93% |
| Dec 31, 2018 | 6.32% | 15.85% |
| Dec 31, 2017 | 11.83% | 11.29% |
| Dec 31, 2016 | 9.55% | -4.09% |
| Dec 31, 2015 | 9.29% | -25.36% |
| Dec 31, 2014 | 7.78% | 2.79% |
| Dec 31, 2013 | 7.39% | 12.00% |
| Dec 31, 2012 | 6.62% | 13.84% |
| Dec 31, 2011 | 5.04% | 16.32% |
| Dec 31, 2010 | 5.95% | 16.25% |
| Dec 31, 2009 | 6.14% | 14.28% |
| Dec 31, 2008 | 5.98% | -25.65% |
| Dec 31, 2007 | 7.69% | 13.89% |
| Dec 31, 2006 | 7.38% | 13.78% |
| Dec 31, 2005 | 6.44% | 11.48% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).