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SHW (Sherwin-Williams Co) EBIT : $3,722 Mil (TTM As of Sep. 2024)


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What is Sherwin-Williams Co EBIT?

Sherwin-Williams Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $1,126 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $3,722 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sherwin-Williams Co's annualized ROC % for the quarter that ended in Sep. 2024 was 17.49%. Sherwin-Williams Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 73.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sherwin-Williams Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.53%.


Sherwin-Williams Co EBIT Historical Data

The historical data trend for Sherwin-Williams Co's EBIT 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.

* Premium members only.

Sherwin-Williams Co EBIT Chart

Sherwin-Williams Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,331.10 2,859.60 2,583.30 2,963.90 3,527.40

Sherwin-Williams Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,110.90 568.60 743.00 1,284.20 1,126.20

Competitive Comparison of Sherwin-Williams Co's EBIT

For the Specialty Chemicals subindustry, Sherwin-Williams Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sherwin-Williams Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sherwin-Williams Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sherwin-Williams Co's EV-to-EBIT falls into.



Sherwin-Williams Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,722 Mil.

* 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.


Sherwin-Williams Co  (NYSE:SHW) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Sherwin-Williams Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=4524.4 * ( 1 - 21.18% )/( (20349.2 + 20421.2)/ 2 )
=3566.13208/20385.2
=17.49 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Sherwin-Williams Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4504.8/( ( (5027.4 + max(1049.8, 0)) + (5234.7 + max(945.2, 0)) )/ 2 )
=4504.8/( ( 6077.2 + 6179.9 )/ 2 )
=4504.8/6128.55
=73.51 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3048.1 + 2289.1 + 513.4) - (4800.8 + 0 + 0)
=1049.8

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2973.4 + 2267.4 + 495.3) - (4790.9 + 0 + 9.0949470177293E-13)
=945.2

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Sherwin-Williams Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=3722/105449.483
=3.53 %

* 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.


Sherwin-Williams Co EBIT Related Terms

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Sherwin-Williams Co Business Description

Address
101 West Prospect Avenue, Cleveland, OH, USA, 44115-1075
Sherwin-Williams is the largest provider of architectural paint in the United States. The company has over 5,000 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
Jane M. Cronin officer: SVP - Corporate Controller 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Gregory P. Sofish officer: SVP - Human Resources 101 WEST PROSPECT AVENUE, 1180 MIDLAND BUILDING, CLEVELAND OH 44115
Allen J Mistysyn officer: VP-Corporate Controller 101 WEST 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
Bryan J Young officer: SVP - Corp Strategy & Devel. 101 W. PROSPECT AVENUE, 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
Heidi G Petz officer: President, Consumer Brands Grp 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Thomas L Williams director 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
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
Thomas P Gilligan officer: SVP-Human Resources 101 W. PROSPECT AVENUE, CLEVELAND OH 44115