Sherwin-Williams: Paint Giant's +56% YTD Reveals Golden Opportunity
The coatings colossus, continues to dominate the paint and coatings market
Overview of Sherwin-Williams Co (SHW) Stock Analysis
Sherwin-Williams (NYSE: SHW), the coatings colossus, continues to dominate the paint and coatings market. Let's dive into its financial health, market position, and future prospects.
Financial Overview
Snapshot:
Price: $340.00 USD (+0.38%)
Market Cap: $86.54 billion
P/E Ratio: 36.55
Dividend Yield: 0.84%
EPS (TTM): $9.30
Founded in 1866, Sherwin-Williams operates through three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. With over 61,000 employees worldwide, SHW's products color our world from homes to industrial applications.
2023 Performance Highlights:
Revenue: $23.08 billion
Net Income: $2.17 billion
Gross Profit: $10.36 billion (44.9% margin)
Operating Income: $3.13 billion (13.6% margin)
Diluted EPS: $8.32
Despite market challenges, Sherwin-Williams maintains robust profitability and operational efficiency.
Analyst Ratings Breakdown
A closer look at individual analyst ratings reveals a predominantly bullish sentiment: