📈 Net Income History (16 Quarters)
🧮 SHW Net Income Breakdown
Understanding Net Income
Net income, also called the "bottom line" or net profit, is the money a company keeps after paying all expenses including cost of goods, operating costs, interest, and taxes. For SHW, the trailing twelve month net income is $2.7B.
Why Net Income Matters
Net income is the ultimate measure of accounting profitability. It determines earnings per share (EPS), affects stock valuations through the P/E ratio, and represents the theoretical amount available to shareholders. However, net income can be influenced by accounting choices, which is why value investors often look at cash flow metrics alongside it.
SHW's net income growth rate of 5.54% (based on log-linear regression of 16 quarters) indicates modest positive profit growth.
Net Income vs Cash Flow Metrics
Free Cash Flow: $2.9B →
Actual cash generated after capital expenditures. FCF often differs from net income due to depreciation, working capital changes, and capex timing.
Owner Earnings: $3.3B →
Buffett's preferred metric that adds back depreciation but subtracts maintenance capex. Often considered more accurate than net income.
EPS (Diluted): $10.84 →
Net income divided by diluted shares outstanding. The primary driver of the P/E ratio used in valuations.
Revenue: $24.4B →
The top line that net income is derived from. Net margin shows what percentage of revenue becomes profit.
P/E Ratio Analysis
SHW's P/E ratio of 31.8x means investors pay $31.85 for every $1 of annual earnings. A P/E between 25-40 suggests investors expect above-average earnings growth.
Net Margin: Profitability Efficiency
Net margin of 11.01% shows what percentage of SHW's revenue converts to profit after all costs. Net margins between 10-20% are solid and typical of well-managed businesses.
Summary: SHW Net Income Trend
THE SHERWIN-WILLIAMS COMPANY (SHW) has a net margin of 11.01%, which Zyberno classifies as good — above the 8% threshold Zyberno applies to businesses across industries. Net income grew at 5.54% annually — positive but below the 10% level Zyberno considers strong growth. For complete financial analysis, view the full SHW stock report on Zyberno.
Frequently Asked Questions
What is SHW's current net income?
THE SHERWIN-WILLIAMS COMPANY's TTM net income is $2.7B, growing at 5.54% annually — positive but below the 10% level Zyberno considers strong growth.
Is SHW's net income growing?
THE SHERWIN-WILLIAMS COMPANY (SHW) has a net margin of 11.01%, which Zyberno classifies as good — above the 8% threshold Zyberno applies to businesses across industries. Net income grew at 5.54% annually — positive but below the 10% level Zyberno considers strong growth.
What is SHW's net profit margin?
THE SHERWIN-WILLIAMS COMPANY (SHW) has a net margin of 11.01%, which Zyberno classifies as good — above the 8% threshold Zyberno applies to businesses across industries. Net income grew at 5.54% annually — positive but below the 10% level Zyberno considers strong growth.
What is SHW's P/E ratio?
SHW's P/E ratio is 31.8x, meaning the market values the company at 31.8 times its annual earnings.
How does net income differ from free cash flow?
Net income is an accounting measure that includes non-cash items like depreciation, while free cash flow shows actual cash generated. SHW's net income is $2.7B versus free cash flow of $2.9B. Large differences often indicate significant capital expenditures or working capital changes.
📊 Full SHW Stock Report →
See SHW's intrinsic value, margin of safety, DCF valuation, and complete financial analysis with 250+ metrics.
💵 SHW Free Cash Flow →
Compare to Free Cash Flow which subtracts all capital expenditures, not just maintenance CapEx.
💰 SHW Owner Earnings →
Compare to Buffett's Owner Earnings metric which uses maintenance CapEx instead of total capital expenditures.
📈 SHW Earnings Per Share →
Analyze EPS trends, P/E ratio, earnings yield, and per-share profitability metrics.
🎯 SHW Earnings Surprise (SUE) →
See whether SHW is beating or missing its own earnings trend — Standardized Unexpected Earnings and post-earnings drift.
📊 SHW Revenue →
Analyze revenue trends, growth rate, P/S ratio, and top-line sales performance.
💰 SHW Net Income →
Analyze the bottom-line profit, P/E ratio, and net profit margin trends.
🔶 SHW Operating Income →
Analyze EBIT, operating margin, and core business profitability before interest and taxes.
💜 SHW Gross Profit →
Analyze gross margin, pricing power, and profitability before operating expenses.