OverviewSuggest Edit

Sherwin-Williams is a company engaged in the manufacture, development, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers. The company operates in three segments. The Americas Group segment offers architectural paint and coatings, protective and marine products, as well as OEM product finishes and related products. The Consumer Brands Group segment provides architectural paints, stains, varnishes, industrial products, wood finish products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives. The Performance Coatings Group segment offers industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil and packaging coatings, and performance-based resins and colorants.
TypePublic
Founded1866
HQCleveland, OH, US
Websitesherwin-williams.com
Employee Ratings3.8
Overall CultureB+

Locations

Sherwin-Williams is headquartered in
Cleveland, United States

Location Map

Latest Updates

Employees (est.) (Dec 2020)61,031
Job Openings2,832
Revenue (FY, 2020)$18.4 B(+3%)
Share Price (Jun 2021)$280.8
Cybersecurity ratingBMore

Key People/Management at Sherwin-Williams

John Morikis

John Morikis

Chairman, President & Chief Executive Officer
Thomas Gilligan

Thomas Gilligan

Senior Vice President - Human Resources
John Hullibarger

John Hullibarger

Vice President - Internal Audit & Loss Prevention
Eric R. Swanson

Eric R. Swanson

Vice President, Investor Relations
James R. Jaye

James R. Jaye

Senior Vice President - Investor Relations & Corporate Communications
Allen J. Mistysyn

Allen J. Mistysyn

Senior Vice President - Finance and Chief Financial Officer
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Sherwin-Williams Office Locations

Sherwin-Williams has an office in Cleveland
Cleveland, OH, US (HQ)
101 Prospect Ave E
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Sherwin-Williams Financials and Metrics

Sherwin-Williams Revenue

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Sherwin-Williams's revenue was reported to be $18.36 b in FY, 2020
USD

Revenue (FY, 2020)

18.4b

Gross profit (FY, 2020)

8.7b

Gross profit margin (FY, 2020), %

47.3%

Net income (FY, 2020)

2.0b

Market capitalization (7-Jun-2021)

74.7b

Closing stock price (7-Jun-2021)

280.8

Cash (31-Dec-2020)

226.6m

EV

84.6b
Sherwin-Williams's current market capitalization is $74.7 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

15.0b17.5b17.9b18.4b

Revenue growth, %

26%17%2%

Cost of goods sold

8.2b10.1b9.9b9.7b

Gross profit

6.8b7.4b8.0b8.7b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

4.0b8.7b4.7b4.0b4.9b4.9b4.1b4.6b5.1b

Cost of goods sold

2.3b5.0b2.7b2.3b2.7b2.6b2.3b2.4b2.7b

Gross profit

1.7b3.7b2.0b1.7b2.2b2.2b1.9b2.2b2.5b

Gross profit Margin, %

43%43%42%43%45%46%46%48%48%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

204.2m155.5m161.8m226.6m

Accounts Receivable

2.1b2.0b2.1b2.1b

Inventories

1.8b1.8b1.9b1.8b

Current Assets

4.5b4.3b4.6b4.6b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

158.6m155.0m181.5m94.4m145.6m189.6m238.5m188.1m619.9m

Accounts Receivable

2.3b2.6b2.6b2.3b2.7b2.5b2.3b2.5b2.5b

Inventories

2.0b1.9b1.9b2.0b1.9b1.8b2.0b1.8b1.7b

Current Assets

4.9b5.0b5.0b4.8b5.1b4.9b4.9b4.9b5.2b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

1.8b1.1b1.5b2.0b

Depreciation and Amortization

491.8m596.3m312.8m313.4m

Inventories

(90.0m)(119.5m)(75.5m)84.4m

Accounts Payable

166.7m113.8m36.2m227.2m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

250.1m653.7m1.0b245.2m716.2m1.3b321.7m917.6m1.6b

Depreciation and Amortization

156.6m303.1m450.5m143.5m286.6m429.4m144.6m288.1m234.2m

Cash From Operating Activities

40.7m579.1m1.4b(35.9m)758.0m1.7b54.9m1.1b2.6b

Purchases of PP&E

(42.3m)(101.8m)(166.2m)(51.4m)(127.9m)(224.8m)(106.6m)(142.3m)(193.8m)
USDFY, 2017

Revenue/Employee

284.3k

Debt/Equity

2.8 x

Debt/Assets

0.5 x

Financial Leverage

5.4 x
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Sherwin-Williams Operating Metrics

FY, 2016FY, 2017FY, 2018FY, 2019

Distribution Sites

33758379

Manufacturing Facilities

65107110108

Paint Stores (Eastern Division)

842856868879

Paint Stores (Mid Western Division)

1.07 k1.09 k1.11 k1.13 k
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Sherwin-Williams Acquisitions / Subsidiaries

Company NameDateDeal Size
The Valspar CorporationJune 01, 2017
Geocel HoldingsJune 04, 2012
Leighs PaintsJuly 07, 2011
M.A. Bruder & SonsMarch 19, 2007
Paint Sundry BrandsAugust 10, 2004$295 m
DuronMay 19, 2004$253 m
Acquire Sourcing, LLC
Comex North America, Inc.
Compania Sherwin-Williams, S.A. de C.V.
Contract Transportation Systems Co.
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Sherwin-Williams Revenue Breakdown

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Sherwin-Williams revenue breakdown by business segment: 56.8% from The Americas Group, 28.2% from Performance Coatings Group, 15.0% from Consumer Brands Group and 0.0% from Other

Human Capital Metrics

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Sherwin-Williams Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Sherwin-Williams Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Sherwin-Williams Online and Social Media Presence

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Sherwin-Williams Company Culture

  • Overall Culture

    B+

    73/100

  • CEO Rating

    B+

    73/100

  • Compensation

    B

    72/100

  • Diversity

    B

    72/100

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Sherwin-Williams News and Updates

The Sherwin-Williams Company Reports 2021 First Quarter Financial Results

The Sherwin-Williams Company announced its financial results for the first quarter ended March 31, 2021. All comparisons are to the first quarter of the prior year, unless otherwise noted.

HGTV Home® by Sherwin-Williams Announces Ovation Plus Interior Paint & Primer

HGTV Home® by Sherwin-Williams introduces its new interior paint and primer, Ovation Plus. This new offering brings consumers an exceptional blend of quality and reliability at a new introductory price point for the brand.

Sherwin-Williams to Announce First Quarter 2021 Financial Results on April 27, 2021

The Sherwin-Williams Company (NYSE: SHW) will issue a press release announcing its financial results for the first quarter ended March 31, 2021 prior to the opening of the market on Tuesday, April 27, 2021. At that time, a copy of the press release and information regarding Sherwin-Williams' financi…

Sherwin-Williams promotes two to new executive roles

Paint and wood coatings specialist Sherwin-Williams has named Peter J. Ippolito to the new role of senior vice president, strategic initiatives. His new position takes effect March 28. Ippolito is currently president, The Americas Group at Sherwin-Williams, a role he has held for just over three …

Sherwin-Williams Industrial Wood Coatings leverages eco-innovations to kick-start Asia Pacific development in China

Sherwin-Williams, a global industry leader in the development of technologically advanced paint and coatings for some 155 years, today rolled out its latest Asia Pacific marketing strategy for industrial wood coatings business. The ambitious plan highlights a series of eco-friendly innovations that …

Sherwin-Williams Signs Agreement to Divest Wattyl Business to Hempel A/S

CLEVELAND, Feb. 18, 2021 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) announced it has signed a purchase agreement with global coatings company Hempel A/S to divest Wattyl, an Australian and New Zealand manufacturer and seller of architectural and protective paint and coatings...
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Sherwin-Williams Frequently Asked Questions

  • When was Sherwin-Williams founded?

    Sherwin-Williams was founded in 1866.

  • Who are Sherwin-Williams key executives?

    Sherwin-Williams's key executives are John Morikis, Thomas Gilligan and John Hullibarger.

  • How many employees does Sherwin-Williams have?

    Sherwin-Williams has 61,031 employees.

  • What is Sherwin-Williams revenue?

    Latest Sherwin-Williams annual revenue is $18.4 b.

  • What is Sherwin-Williams revenue per employee?

    Latest Sherwin-Williams revenue per employee is $300.9 k.

  • Who are Sherwin-Williams competitors?

    Competitors of Sherwin-Williams include Berkshire Hathaway, Ecolab and DuPont.

  • Where is Sherwin-Williams headquarters?

    Sherwin-Williams headquarters is located at 101 Prospect Ave E, Cleveland.

  • Where are Sherwin-Williams offices?

    Sherwin-Williams has an office in Cleveland.

  • How many offices does Sherwin-Williams have?

    Sherwin-Williams has 1 office.