Discontinued — last reported Q3 '24

Business Segments · Operating Income (Loss)

Paint Stores Group — Operating Income (Loss)

Sherwin-Williams Paint Stores Group — Operating Income (Loss) decreased by 1.2% to $895.90M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 2.4%, from $917.50M to $895.90M. Over 2 years (FY 2021 to FY 2023), Paint Stores Group — Operating Income (Loss) shows an upward trend with a 14.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ3 2024Oct 22, 2024
Rolls up toOperating Income

How to read this metric

An increase indicates improved store-level profitability, effective cost management, or higher sales volume within the retail network, while a decrease may signal rising operational costs or competitive pricing pressure.

Detailed definition

This metric represents the earnings generated by the company's primary architectural paint retail segment after deductin...

Peer comparison

Comparable to segment-level operating income or segment EBIT reported by other specialty retailers or industrial manufacturers with distinct distribution channels.

Metric ID: shw_segment_paint_stores_group_operating_income_loss

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$545.55M$545.55M$545.55M$428.80M$684.00M$741.30M$494.00M$526.70M$849.30M$917.50M$567.30M$493.20M$907.10M$895.90M
QoQ Change+0.0%+0.0%-21.4%+59.5%+8.4%-33.4%+6.6%+61.2%+8.0%-38.2%-13.1%+83.9%-1.2%
YoY Change+25.4%+35.9%-9.4%+22.8%+24.2%+23.8%+14.8%-6.4%+6.8%-2.4%
Range$428.80M$917.50M
CAGR+16.5%
Avg YoY Growth+13.6%
Median YoY Growth+18.8%

Frequently Asked Questions

What is Sherwin-Williams's paint stores group — operating income (loss)?
Sherwin-Williams (SHW) reported paint stores group — operating income (loss) of $895.90M in Q3 2024.
How has Sherwin-Williams's paint stores group — operating income (loss) changed year-over-year?
Sherwin-Williams's paint stores group — operating income (loss) decreased by 2.4% year-over-year, from $917.50M to $895.90M.
What is the long-term trend for Sherwin-Williams's paint stores group — operating income (loss)?
Over 2 years (2021 to 2023), Sherwin-Williams's paint stores group — operating income (loss) has grown at a 14.5% compound annual growth rate (CAGR), from $2.18B to $2.86B.
What does paint stores group — operating income (loss) mean?
The profit earned by the company's dedicated paint store segment from its core business operations.