Sherwin-Williams Co (Sherwin-Williams Co) Interest Expense

: $-418 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sherwin-Williams Co's interest expense for the three months ended in Dec. 2023 was $ -95 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-418 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Sherwin-Williams Co's Operating Income for the three months ended in Dec. 2023 was $ 680 Mil. Sherwin-Williams Co's Interest Expense for the three months ended in Dec. 2023 was $ -95 Mil. Sherwin-Williams Co's Interest Coverage for the quarter that ended in Dec. 2023 was 7.19. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sherwin-Williams Co Interest Expense Historical Data

The historical data trend for Sherwin-Williams Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sherwin-Williams Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-349.30

-340.40

-334.70

-390.80

-417.50

Sherwin-Williams Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-108.30	-109.30	-111.70	-101.90	-94.60

Sherwin-Williams Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-418 Mil.

Sherwin-Williams Co (NYSE:SHW) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sherwin-Williams Co's Interest Expense for the three months ended in Dec. 2023 was $-95 Mil. Its Operating Income for the three months ended in Dec. 2023 was $680 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $9,887 Mil.

Sherwin-Williams Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	680.3	/	-94.6
	=	7.19

The higher the ratio, the stronger the company's financial strength is.

Sherwin-Williams Co (Sherwin-Williams Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sherwin-Williams Co (NYSE:SHW) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SHW:Mexico 1SHW:Italy SJ3:Germany SJ3:Germany S1HW34:Brazil

Address

101 West Prospect Avenue, Cleveland, OH, USA, 44115-1075

Website

https://www.sherwin-williams.com

Sherwin-Williams is the largest provider of architectural paint in the United States. The company has over 4,900 stores and sells premium paint at higher price points than most competitors. Sherwin-Williams also sells paint-related products in big-box stores and provides coatings for original equipment manufacturers.

Executives

Mary L Garceau	officer: SVP, Gen. Counsel & Secretary	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Heidi G Petz	officer: President, Consumer Brands Grp	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
John G Morikis	officer: President, Paint Stores Group	C/O THE SHERWIN WILLIAMS CO, 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Thomas L Williams	director	6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Gregory P. Sofish	officer: SVP - Human Resources	101 WEST PROSPECT AVENUE, 1180 MIDLAND BUILDING, CLEVELAND OH 44115
Justin T Binns	officer: President, Perf Coatings Grp	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Karl J Jorgenrud	officer: President, Perf Coatings Group	101 WEST PROSPECT AVENUE, 1180 MIDLAND, CLEVELAND OH 44115
Todd D Rea	officer: President, Consumer Brands Grp	101 W. PROSPECT AVENUE, 1180 MIDLAND, CLEVELAND OH 44115
Bryan J Young	officer: SVP - Corp Strategy & Devel.	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Joseph F Sladek	officer: Pres. & GM, Glob. Supply Chain	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Marta R Stewart	director	C/O NORFOLK SOUTHERN CORP, THREE COMMERCIAL PL, NORFOLK VA 23510-9219
Peter J. Ippolito	officer: President, The Americas Group	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Jane M. Cronin	officer: SVP - Corporate Controller	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Thomas P Gilligan	officer: SVP-Human Resources	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Brian E Padden	officer: President, Consumer Brands Grp	101 W. PROSPECT, CLEVELAND OH 44115