Sherwin-Williams Co.
Sherwin-Williams Reports Strong 2024 Results and Provides 2025 Guidance
Summary
The Sherwin-Williams Company reported strong financial results for the year and fourth quarter ended December 31, 2024, with consolidated net sales reaching a record $23.10 billion. Diluted net income per share increased by 14.1% to $10.55 for the year and by 36.7% to $1.90 for the fourth quarter. Adjusted diluted net income per share also increased, by 9.5% to $11.33 for the year and by 15.5% to $2.09 for the fourth quarter. The company provided full-year 2025 guidance with diluted net income per share expected in the range of $10.70 to $11.10, including acquisition-related amortization expense and restructuring expense. Adjusted diluted net income per share guidance is in the range of $11.65 to $12.05.
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About Sherwin-Williams Co.
Sherwin-Williams Co. is a global leader in the production and distribution of paints and coatings. Established in 1866 and headquartered in Cleveland, Ohio, the company serves both professional and retail customers. Sherwin-Williams provides a comprehensive range of products, including interior and exterior paints, protective coatings, and industrial finishes, catering to various sectors such as construction, automotive, and aerospace industries. The company operates through its numerous retail stores, with a significant presence in North America, and extends its reach via third-party retailers and distributors worldwide. Its innovation-driven approach focuses on developing sustainable solutions and high-quality products to meet the diverse needs of its clientele. In the financial market, Sherwin-Williams Co. is recognized for its stability and influence in the materials sector, playing a pivotal role in advancing industry standards and technological advancements in paints and coatings. Its strategic initiatives and robust R&D capabilities underscore its commitment to growth and its impact on global construction and manufacturing applications.
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