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+

Latest Updates

Employees (est.) (Dec 2019)61,111(+15%)
Job Openings5
Revenue (FY, 2019)$17.9 B(+3%)
Share Price (Jan 2021)$728.1 (-1%)
Cybersecurity ratingBMore

Key People/Management at Sherwin-Williams

John Morikis

John Morikis

Chairman and Chief Executive Officer
Thomas Gilligan

Thomas Gilligan

Senior Vice President - Human Resources
John Hullibarger

John Hullibarger

Vice President - Internal Audit & Loss Prevention
David B. Sewell

David B. Sewell

President and Chief Operating Officer
Eric R. Swanson

Eric R. Swanson

Vice President, Investor Relations
James R. Jaye

James R. Jaye

Senior Vice President - Investor Relations & Corporate Communications
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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 $17.90 b in FY, 2019 which is a 2.1% increase from the previous period.
USD

Revenue (Q3, 2020)

5.1b

Gross profit (Q3, 2020)

2.5b

Gross profit margin (Q3, 2020), %

47.9%

Net income (Q3, 2020)

705.8m

Market capitalization (13-Jan-2021)

66.1b

Closing stock price (13-Jan-2021)

728.1

Cash (30-Sept-2020)

619.9m

EV

75.6b
Sherwin-Williams's current market capitalization is $66.1 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

15.0b17.5b17.9b

Revenue growth, %

26%17%2%

Cost of goods sold

8.2b10.1b9.9b

Gross profit

6.8b7.4b8.0b
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, 2019

Cash

204.2m155.5m161.8m

Accounts Receivable

2.1b2.0b2.1b

Inventories

1.8b1.8b1.9b

Current Assets

4.5b4.3b4.6b
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, 2019

Net Income

1.8b1.1b1.5b

Depreciation and Amortization

491.8m596.3m312.8m

Inventories

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

Accounts Payable

166.7m113.8m36.2m
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

EV/EBIT

26.8 x

EV/CFO

25.8 x

Revenue/Employee

284.3k

Debt/Equity

2.8 x

Debt/Assets

0.5 x

Financial Leverage

5.4 x

P/E Ratio

21.9
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Sherwin-Williams Operating Metrics

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

Distribution Sites

33 75 83 79

Manufacturing Facilities

65 107 110 108

Paint Stores (Eastern Division)

842 856 868 879

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

84/100

SecurityScorecard 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

Global UV Curable Coatings Market 2020-2025 with Royal DSM, PPG Industries, Akzo Nobel, BASF, and The Sherwin-Williams Co Dominating

Dublin, Dec. 30, 2020 (GLOBE NEWSWIRE) -- The "UV Curable Coatings Market Report 2020-2025" report has been added to ResearchAndMarkets.com's offering.

Sherwin-Williams Stock Is Unlikely To Sustain Its Current Level

Despite a 69% rise since the March 23 lows of this year, and at the current price of around $670 per share, we believe Sherwin-Williams stock has reached its near term potential based on its historical P/E multiples. The company, which is a global leader in the development, manufacture, and sale...

Sherwin-Williams boosts sales outlook for the second quarter

Sherwin-Williams Co. said Monday that it was raising its second-quarter sales outlook, to a decline in the mid-single-digit percentage range from a year ago. The paint seller had previously expected a decline in the low to mid-teens percentage range. The current FactSet consensus for second-quarter…

Sherwin-Williams affirms guidance, has seen minimal disruption in supply chain from COVID-19 pandemic

Sherwin-Williams Co. said Thursday that it was affirming its first-quarter financial guidance, saying it has so far experienced "minimal" disruption to its supply chain in the face of the COVID-19 pandemic. The company said it still expects sales growth of 2% to 5% from a year ago, with the America…

Sherwin-Williams to Announce Year-End 2019 Financial Results on January 30, 2020

CLEVELAND, Jan. 3, 2020 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) will issue a press release announcing its financial results for the fourth quarter and year ended December 31, 2019 prior to the opening of the market on Thursday, January 30, 2020. At that time, a copy of...

Why Sherwin-Williams Stock Has Outperformed

Sherwin-Williams (NYSE: SHW) manufactures paints, coatings, and related products that cater primarily to the North and South American markets. The company’s stock has risen by about 40% this year, trading at levels of around $560 currently. The growth is driven by multiple factors, including ...
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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 61,111 employees.

  • What is Sherwin-Williams revenue?

    Latest Sherwin-Williams annual revenue is $17.9 b.

  • What is Sherwin-Williams revenue per employee?

    Latest Sherwin-Williams revenue per employee is $292.9 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.