Company profile

Ticker
SHW
Exchange
Website
CEO
John George Morikis
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
340526850

SHW stock data

(
)

Calendar

29 Apr 20
12 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 4.15B 4.11B 4.87B 4.88B
Net income 321.7M 248.6M 576.5M 471M
Diluted EPS 3.46 2.66 6.16 5.03
Net profit margin 7.76% 6.04% 11.84% 9.66%
Operating income 585.5M 471.72M 915.99M 903.37M
Net change in cash 76.7M -27.85M 44.07M 51.18M
Cash on hand 238.5M 161.8M 189.65M 145.58M
Cost of revenue 2.26B 2.64B 2.7B
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 17.9B 17.53B 14.98B 11.86B
Net income 1.54B 1.11B 1.73B 1.13B
Diluted EPS 16.49 11.67 18.2 11.99
Net profit margin 8.61% 6.32% 11.53% 9.55%
Operating income 2.81B 2.61B 2.24B 2.16B
Net change in cash 6.3M -48.7M -685.59M 684.05M
Cash on hand 161.8M 155.5M 204.2M 889.79M
Cost of revenue 9.86B 10.12B 8.26B 5.93B

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
6 Jul 20 Anderson Kerrii B Common Stock Grant Aquire A No 588.25 13.28 7.81K 76.68
6 Jul 20 Richard J Kramer Common Stock Grant Aquire A No 588.25 61.62 36.25K 3,087.81
6 Jul 20 Poon Christine A Common Stock Grant Aquire A No 588.25 13.28 7.81K 643.45
6 Jul 20 Steven H Wunning Common Stock Grant Aquire A No 588.25 68 40K 1,976.15
6 Jul 20 Michael H Thaman Common Stock Grant Aquire A No 588.25 53.12 31.25K 902.95
76.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1012 1082 -6.5%
Opened positions 90 165 -45.5%
Closed positions 160 70 +128.6%
Increased positions 351 339 +3.5%
Reduced positions 404 384 +5.2%
13F shares
Current Prev Q Change
Total value 280.65B 320.99B -12.6%
Total shares 69.16M 71.35M -3.1%
Total puts 328.1K 374.8K -12.5%
Total calls 395.5K 383.9K +3.0%
Total put/call ratio 0.8 1.0 -15.0%
Largest owners
Shares Value Change
Vanguard 7.49M $3.44B +2.5%
BLK BlackRock 5.95M $2.73B -4.9%
FMR 3.6M $1.65B +4.9%
Capital World Investors 3.53M $1.62B -2.6%
STT State Street 3.45M $1.59B -3.0%
Massachusetts Financial Services 3.41M $1.57B -6.7%
FSZ Fiera Capital 1.62M $746.31M +1.4%
JPM JPMorgan Chase & Co. 1.46M $670.33M +20.6%
Geode Capital Management 1.11M $511.06M -1.2%
N Price T Rowe Associates 1.01M $462.84M -4.8%
Largest transactions
Shares Bought/sold Change
BAC Bank of America 591.68K -1.01M -63.1%
Norges Bank 0 -781.68K EXIT
Vontobel Asset Management 485.08K +361.14K +291.4%
Capital Research Global Investors 869.62K +360.09K +70.7%
Sculptor Capital 0 -308.03K EXIT
BLK BlackRock 5.95M -305.02K -4.9%
Diamond Hill Capital Management 309.97K +292.83K +1708.5%
AMP Ameriprise Financial 602.48K +279.29K +86.4%
MS^L Morgan Stanley 870.54K +277.41K +46.8%
JPM JPMorgan Chase & Co. 1.46M +248.73K +20.6%

Financial report summary

?
Competition
Hybrid Coating
Risks
  • Adverse changes in general business and economic conditions in the United States and worldwide may adversely affect our results of operations, cash flow, liquidity or financial condition.
  • A weakening or reversal of the general economic recovery in the United States and other countries and regions in which we do business, or the continuation or worsening of economic downturns in other countries and regions, may adversely affect our results of operations, cash flow, liquidity or financial condition.
  • Protracted duration of economic downturns in cyclical segments of the economy may depress the demand for some of our products and adversely affect our sales, earnings, cash flow or financial condition.
  • Increases in the cost of raw materials and energy may adversely affect our earnings or cash flow.
  • Although we have an extensive customer base, the loss of any of our largest customers could adversely affect our sales, earnings or cash flow.
  • Increased competition may reduce our sales, earnings or cash flow performance.
  • We require a significant amount of cash to service the substantial amount of debt we have outstanding. Our ability to generate cash depends on many factors beyond our control. We also depend on the business of our subsidiaries to satisfy our cash needs. If we cannot generate the required cash, we may not be able to make the necessary payments required under our indebtedness.
  • Our results of operations, cash flow or financial condition may be negatively impacted if we do not successfully integrate future acquisitions into our existing operations and if the performance of the businesses we acquire do not meet our expectations.
  • Risks and uncertainties associated with our expansion into and our operations in Asia, Europe, South America and other foreign markets could adversely affect our results of operations, cash flow, liquidity or financial condition.
  • Policy changes affecting international trade could adversely impact the demand for our products and our competitive position.
  • Fluctuations in foreign currency exchange rates could adversely affect our results of operations, cash flow, liquidity or financial condition.
  • We are subject to a wide variety of complex domestic and foreign laws, rules and regulations, for which compliance could adversely affect our results of operations, cash flow or financial condition.
  • Adverse weather conditions or impacts of climate change and natural disasters may temporarily reduce the demand for some of our products and could have a negative effect on our sales, earnings or cash flow.
  • Inability to protect or enforce our material trademarks and other intellectual property rights could have an adverse effect on our business.
  • Security breaches and other disruptions to our information technology infrastructure could interfere with our operations, compromise our information and the information of our customers and suppliers and severely harm our business.
  • We are required to comply with numerous complex and increasingly stringent domestic and foreign health, safety and environmental laws and regulations, the cost of which is likely to increase and may adversely affect our results of operations, cash flow or financial condition.
  • We are involved with environmental investigation and remediation activities at some of our currently and formerly owned sites, as well as a number of third-party sites, for which our ultimate liability may exceed the current amount we have accrued.
  • The nature, cost, quantity and outcome of pending and future litigation, such as litigation arising from the historical manufacture and sale of lead pigments and lead-based paint, could have a material adverse effect on our results of operations, cash flow, liquidity and financial condition.
Management Discussion
  • The Company has historically experienced, and expects to continue to experience, variability in quarterly results. The results of operations for the three months ended March 31, 2020 are not indicative of the results to be expected for the full year as business is seasonal in nature with the majority of Net sales for the Reportable Segments traditionally occurring during the second and third quarters. However, periods of economic downturn can alter the Company's seasonal patterns.
  • Consolidated net sales increased in the first three months of 2020 due primarily to higher architectural paint sales volume in North American stores and increased sales in the packaging and coil divisions within our Performance Coatings Group across all regions, partially offset by impacts of COVID-19, continued demand softness in some end markets outside the U.S. and unfavorable currency translation rate changes. Currency translation rate changes decreased net sales by 1.4% in the first three months of 2020. Net sales of all consolidated foreign subsidiaries were down 6.6% to $827.8 million in the first three months compared to $886.0 million in the same period last year. The decrease in net sales for all consolidated foreign subsidiaries in the first three months was due primarily to impacts of COVID-19, continued demand softness in some end markets and unfavorable currency translation rate changes. Net sales of all operations other than consolidated foreign subsidiaries were up 5.2% to $3.319 billion in the first three months compared to $3.155 billion in the same period last year.
  • Net sales in The Americas Group increased in the first three months of 2020 due primarily to higher architectural paint sales volume across all end markets in North American stores, partially offset by unfavorable currency translation rate changes. Currency translation rate changes decreased The Americas Group net sales by 1.1% in the first quarter. Net sales from stores open for more than twelve calendar months in the U.S. and Canada increased 7.4% in the first three months compared to last year’s comparable period. Sales of non-paint products increased 5.2% over last year's first three months. A discussion of changes in volume versus pricing for sales of products other than paint is not pertinent due to the wide assortment of general merchandise sold.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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