The Sherwin-Williams (SHW) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was stronger than the year-over-year gain.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was stronger than the year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.2B
Revenue reported for this quarter.
Quarter-over-quarter
+14.7%
Change from the immediately preceding quarter.
Year-over-year
+6.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$23B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $6B | +17.5% |
| Dec 31, 2022 | $5.2B | +9.8% |
| Mar 31, 2023 | $5.4B | +8.9% |
| Jun 30, 2023 | $6.2B | +6.3% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trend seen in recent periods.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher, though the pace of growth moderated relative to the sequential increase.
What to watch
The filing context does not provide specific risk or management commentary for this quarter.