SHW Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	23,052	22,149	19,945	18,362	17,901	Upgrade
Revenue Growth (YoY)	4.08%	11.05%	8.62%	2.57%	2.09%	Upgrade
Cost of Revenue	12,294	12,824	11,402	9,679	9,865	Upgrade
Gross Profit	10,758	9,325	8,543	8,683	8,036	Upgrade
Selling, General & Admin	7,133	6,307	5,984	5,506	5,314	Upgrade
Other Operating Expenses	57.9	15.5	0	315.7	434.9	Upgrade
Operating Expenses	7,190	6,322	5,984	5,821	5,749	Upgrade
Operating Income	3,568	3,003	2,559	2,861	2,287	Upgrade
Interest Expense / Income	417.5	390.8	334.7	340.4	349.3	Upgrade
Other Expense / Income	40.3	39	-24.4	1.7	-43.9	Upgrade
Pretax Income	3,110	2,573	2,249	2,519	1,982	Upgrade
Income Tax	721.1	553	384.2	488.8	440.5	Upgrade
Net Income	2,389	2,020	1,864	2,030	1,541	Upgrade
Net Income Growth	18.25%	8.35%	-8.18%	31.73%	39.02%	Upgrade
Shares Outstanding (Basic)	255	258	263	271	275	Upgrade
Shares Outstanding (Diluted)	258	262	267	276	280	Upgrade
Shares Change	-1.34%	-1.98%	-3.15%	-1.61%	-1.64%	Upgrade
EPS (Basic)	9.35	7.83	7.10	7.48	5.60	Upgrade
EPS (Diluted)	9.25	7.72	6.98	7.36	5.50	Upgrade
EPS Growth	19.82%	10.60%	-5.16%	33.82%	41.39%	Upgrade
Free Cash Flow	2,634	1,275	1,873	3,105	1,992	Upgrade
Free Cash Flow Per Share	10.31	4.94	7.13	11.44	7.24	Upgrade
Dividend Per Share	2.420	2.400	2.200	1.787	1.507	Upgrade
Dividend Growth	0.83%	9.09%	23.11%	18.58%	31.39%	Upgrade
Gross Margin	46.67%	42.10%	42.83%	47.29%	44.89%	Upgrade
Operating Margin	15.48%	13.56%	12.83%	15.58%	12.78%	Upgrade
Profit Margin	10.36%	9.12%	9.35%	11.06%	8.61%	Upgrade
Free Cash Flow Margin	11.42%	5.76%	9.39%	16.91%	11.13%	Upgrade
Effective Tax Rate	23.19%	21.49%	17.09%	19.40%	22.23%	Upgrade
EBITDA	4,603	3,962	3,557	3,822	3,277	Upgrade
EBITDA Margin	19.97%	17.89%	17.83%	20.82%	18.31%	Upgrade
Depreciation & Amortization	1,075	998	973.3	962.7	945.7	Upgrade
EBIT	3,527	2,964	2,583	2,860	2,331	Upgrade
EBIT Margin	15.30%	13.38%	12.95%	15.57%	13.02%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).