
Sherwin-Williams Achieves Record $23B Sales and 19.8% EPS Growth Amid Segment Realignment
The Sherwin-Williams CompanyDescription
What this story covers
Sherwin-Williams reported record 2023 net sales of 23 point 052 billion dollars, up 4 point 1 percent, with earnings per share rising 19 point 8 percent to 9 dollars 25 cents. Key segments showed strength in Paint Stores (7 point 3 percent sales growth) despite headwinds. Segment realignment enhanced efficiency; acquisitions like SIC bolstered performance. Outlook anticipates moderated raw costs but ongoing inflation pressures, supported by solid liquidity and balanced capital deployment. Risks include economic cycles, supply disruptions, and litigation.
Story snapshot
CompanyThe Sherwin-Williams Company
TickerSHW
VariantStandard detailed
Duration13:31
Filing type10-K
PeriodAnnual 2023
IndustryIndustrials & Manufacturing
Accession0000089800-24-000033
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