Discontinued — last reported Q3 '24
Operating Income
Sherwin-Williams Operating Income decreased by 6.5% to $1.32B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 1.7%, from $1.30B to $1.32B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
operating_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $994.90M | $817.70M | $654.80M | $960.70M | $1.10B | $839.40M | $1.23B | $1.30B | $884.30M | $1.41B | $1.32B |
| QoQ Change | — | -17.8% | -19.9% | +46.7% | +14.0% | -23.4% | +46.8% | +5.4% | -31.9% | +59.8% | -6.5% |
| YoY Change | — | — | — | -3.4% | +33.9% | +28.2% | +28.3% | +18.6% | +5.3% | +14.7% | +1.7% |
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Paint Stores Group | $494.00M | $526.70M | $849.30M | $917.50M | $567.30M | $493.20M | $907.10M | $895.90M |
| Performance Coatings Group | $157.30M | $218.90M | $272.70M | $279.70M | $220.30M | $237.70M | $301.50M | $259.70M |
| Consumer Brands Group | $35.10M | $93.80M | $110.30M | $101.60M | $3.60M | $153.40M | $204.40M | $165.50M |
| Total | — | $839.40M | $1.23B | $1.30B | — | $884.30M | $1.41B | $1.32B |
Consumer Brands Group, Paint Stores Group, Performance Coatings Group were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Operating Income at Other Companies
Frequently Asked Questions
- What is Sherwin-Williams's operating income?
- Sherwin-Williams (SHW) reported operating income of $1.32B in Q3 2024.
- How has Sherwin-Williams's operating income changed year-over-year?
- Sherwin-Williams's operating income increased by 1.7% year-over-year, from $1.30B to $1.32B.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.