Sherwin-Williams ( (SHW) ) has released its Q4 earnings. Here is a breakdown of the information Sherwin-Williams presented to its investors.
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The Sherwin-Williams Company is a global leader in the manufacture, development, distribution, and sale of paint, coatings, and related products to various customer segments, with its products being sold through a vast network of company-operated stores and other retail outlets worldwide.
Sherwin-Williams has reported record net sales of $23.10 billion for the year ending December 31, 2024, marking a notable increase from the previous year. The company also highlighted a strong increase in diluted net income per share, which rose by 14.1% to $10.55 for the year.
Key financial highlights include a 1.7% increase in net sales from the Paint Stores Group, which was partially offset by a decline in other segments due to unfavorable foreign currency translations. The company’s net operating cash generation was strong at $3.15 billion, and adjusted EBITDA showed a 6.0% growth, reflecting a robust performance across different segments. The company also returned $2.46 billion to shareholders through dividends and share repurchases.
Looking ahead, Sherwin-Williams has provided guidance for 2025, anticipating continued growth in net sales and adjusted diluted net income per share. Despite expected demand softness in certain markets, the company remains focused on leveraging growth opportunities, supported by its strategic initiatives and investments to sustain above-market growth trajectories.
