Return on Equity (ROE)
since 2005
Calculation
Sherwin-Williams Co., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income1 | ÷ | Shareholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 64.29% | = | 100 | × | 2,388,800) | ÷ | 3,715,800) |
| Dec 31, 2022 | 65.12% | = | 100 | × | 2,020,100) | ÷ | 3,102,100) |
| Dec 31, 2021 | 76.50% | = | 100 | × | 1,864,400) | ÷ | 2,437,200) |
| Dec 31, 2020 | 56.23% | = | 100 | × | 2,030,400) | ÷ | 3,610,800) |
| Dec 31, 2019 | 37.38% | = | 100 | × | 1,541,300) | ÷ | 4,123,300) |
| Dec 31, 2018 | 29.72% | = | 100 | × | 1,108,746) | ÷ | 3,730,745) |
| Dec 31, 2017 | 48.00% | = | 100 | × | 1,772,262) | ÷ | 3,692,188) |
| Dec 31, 2016 | 60.30% | = | 100 | × | 1,132,703) | ÷ | 1,878,441) |
| Dec 31, 2015 | 121.42% | = | 100 | × | 1,053,849) | ÷ | 867,910) |
| Dec 31, 2014 | 86.90% | = | 100 | × | 865,887) | ÷ | 996,470) |
| Dec 31, 2013 | 42.41% | = | 100 | × | 752,561) | ÷ | 1,774,535) |
| Dec 31, 2012 | 35.22% | = | 100 | × | 631,034) | ÷ | 1,791,804) |
| Dec 31, 2011 | 29.13% | = | 100 | × | 441,860) | ÷ | 1,516,919) |
| Dec 31, 2010 | 28.74% | = | 100 | × | 462,485) | ÷ | 1,609,440) |
| Dec 31, 2009 | 29.23% | = | 100 | × | 435,848) | ÷ | 1,490,950) |
| Dec 31, 2008 | 29.70% | = | 100 | × | 476,876) | ÷ | 1,605,648) |
| Dec 31, 2007 | 34.47% | = | 100 | × | 615,578) | ÷ | 1,785,727) |
| Dec 31, 2006 | 28.91% | = | 100 | × | 576,058) | ÷ | 1,992,360) |
| Dec 31, 2005 | 26.77% | = | 100 | × | 463,258) | ÷ | 1,730,612) |
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., ROE, long-term trends, comparison to competitors
| Sherwin-Williams Co. | Linde plc | |
|---|---|---|
| Dec 31, 2023 | 64.29% | 15.61% |
| Dec 31, 2022 | 65.12% | 10.36% |
| Dec 31, 2021 | 76.50% | 8.69% |
| Dec 31, 2020 | 56.23% | 5.29% |
| Dec 31, 2019 | 37.38% | 4.66% |
| Dec 31, 2018 | 29.72% | 8.49% |
| Dec 31, 2017 | 48.00% | 20.72% |
| Dec 31, 2016 | 60.30% | 29.87% |
| Dec 31, 2015 | 121.42% | 35.25% |
| Dec 31, 2014 | 86.90% | 30.13% |
| Dec 31, 2013 | 42.41% | 26.55% |
| Dec 31, 2012 | 35.22% | 27.90% |
| Dec 31, 2011 | 29.13% | 30.47% |
| Dec 31, 2010 | 28.74% | 20.63% |
| Dec 31, 2009 | 29.23% | 23.59% |
| Dec 31, 2008 | 29.70% | 30.21% |
| Dec 31, 2007 | 34.47% | 22.89% |
| Dec 31, 2006 | 28.91% | 21.70% |
| Dec 31, 2005 | 26.77% | 18.61% |
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., ROE, long-term trends, comparison to sector (chemicals)
| Sherwin-Williams Co. | Chemicals | |
|---|---|---|
| Dec 31, 2023 | 64.29% | 19.77% |
| Dec 31, 2022 | 65.12% | 14.30% |
| Dec 31, 2021 | 76.50% | 12.24% |
| Dec 31, 2020 | 56.23% | 8.90% |
| Dec 31, 2019 | 37.38% | 7.19% |
| Dec 31, 2018 | 29.72% | 9.92% |
| Dec 31, 2017 | 48.00% | 31.09% |
| Dec 31, 2016 | 60.30% | 38.16% |
| Dec 31, 2015 | 121.42% | 49.47% |
| Dec 31, 2014 | 86.90% | 38.67% |
| Dec 31, 2013 | 42.41% | 29.91% |
| Dec 31, 2012 | 35.22% | 29.57% |
| Dec 31, 2011 | 29.13% | 30.18% |
| Dec 31, 2010 | 28.74% | 22.39% |
| Dec 31, 2009 | 29.23% | 24.83% |
| Dec 31, 2008 | 29.70% | 30.06% |
| Dec 31, 2007 | 34.47% | 25.88% |
| Dec 31, 2006 | 28.91% | 23.89% |
| Dec 31, 2005 | 26.77% | 21.11% |
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., ROE, long-term trends, comparison to industry (materials)
| Sherwin-Williams Co. | Materials | |
|---|---|---|
| Dec 31, 2023 | 64.29% | 17.36% |
| Dec 31, 2022 | 65.12% | 16.42% |
| Dec 31, 2021 | 76.50% | 16.54% |
| Dec 31, 2020 | 56.23% | 8.40% |
| Dec 31, 2019 | 37.38% | 5.74% |
| Dec 31, 2018 | 29.72% | 12.42% |
| Dec 31, 2017 | 48.00% | 27.34% |
| Dec 31, 2016 | 60.30% | -11.75% |
| Dec 31, 2015 | 121.42% | -73.64% |
| Dec 31, 2014 | 86.90% | 5.03% |
| Dec 31, 2013 | 42.41% | 17.62% |
| Dec 31, 2012 | 35.22% | 21.12% |
| Dec 31, 2011 | 29.13% | 29.47% |
| Dec 31, 2010 | 28.74% | 30.11% |
| Dec 31, 2009 | 29.23% | 27.87% |
| Dec 31, 2008 | 29.70% | -82.36% |
| Dec 31, 2007 | 34.47% | 18.96% |
| Dec 31, 2006 | 28.91% | 33.59% |
| Dec 31, 2005 | 26.77% | 29.22% |
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).