Discontinued — last reported Q3 '24
Performance Coatings Group — Operating Income (Loss)
Sherwin-Williams Performance Coatings Group — Operating Income (Loss) decreased by 13.9% to $259.70M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 7.2%, from $279.70M to $259.70M. Over 2 years (FY 2021 to FY 2023), Performance Coatings Group — Operating Income (Loss) shows an upward trend with a 42.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates improved operational efficiency or stronger pricing power within the industrial coatings market, while a decrease suggests rising input costs, margin compression, or declining demand for industrial products.
Detailed definition
This metric represents the operating profit or loss generated by the Performance Coatings Group segment, calculated as n...
Peer comparison
Comparable to operating income metrics for industrial coating or specialty chemical segments at peer companies, often evaluated as a percentage of segment net sales to normalize for scale.
shw_segment_performance_coatings_group_operating_income_lossHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $144.80M | $110.40M | $87.20M | $144.50M | $196.80M | $236.30M | $157.30M | $218.90M | $272.70M | $279.70M | $220.30M | $237.70M | $301.50M | $259.70M |
| QoQ Change | — | -23.8% | -21.0% | +65.7% | +36.2% | +20.1% | -33.4% | +39.2% | +24.6% | +2.6% | -21.2% | +7.9% | +26.8% | -13.9% |
| YoY Change | — | — | — | — | +35.9% | +114.0% | +80.4% | +51.5% | +38.6% | +18.4% | +40.1% | +8.6% | +10.6% | -7.2% |
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Frequently Asked Questions
- What is Sherwin-Williams's performance coatings group — operating income (loss)?
- Sherwin-Williams (SHW) reported performance coatings group — operating income (loss) of $259.70M in Q3 2024.
- How has Sherwin-Williams's performance coatings group — operating income (loss) changed year-over-year?
- Sherwin-Williams's performance coatings group — operating income (loss) decreased by 7.2% year-over-year, from $279.70M to $259.70M.
- What is the long-term trend for Sherwin-Williams's performance coatings group — operating income (loss)?
- Over 2 years (2021 to 2023), Sherwin-Williams's performance coatings group — operating income (loss) has grown at a 42.8% compound annual growth rate (CAGR), from $486.20M to $991.60M.
- What does performance coatings group — operating income (loss) mean?
- The operating profit or loss generated specifically by the Performance Coatings business segment.