The Sherwin-Williams (SHW) Revenue — Quarter Ended Jun 30, 2024
Revenue increased compared to both the prior quarter and the same quarter last year. The sequential growth was notably stronger than the year-over-year gain.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased compared to both the prior quarter and the same quarter last year. The sequential growth was notably stronger than the year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.3B
Revenue reported for this quarter.
Quarter-over-quarter
+16.8%
Change from the immediately preceding quarter.
Year-over-year
+0.5%
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, 2023 | $6.1B | +1.1% |
| Dec 31, 2023 | $5.3B | +0.4% |
| Mar 31, 2024 | $5.4B | -1.4% |
| Jun 30, 2024 | $6.3B | +0.5% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, reversing the prior sequential decline. The year-over-year comparison also showed a modest increase.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was slightly higher. The sequential improvement from the prior quarter was substantial, reflecting a rebound from the previous period's level.
What to watch
Monitor whether the sequential revenue momentum can be sustained in the coming quarters.