The Sherwin-Williams (SHW) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter was slightly higher than the same quarter last year but declined from the immediately preceding quarter. The sequential decrease followed a period of growth in the prior quarter.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter was slightly higher than the same quarter last year but declined from the immediately preceding quarter. The sequential decrease followed a period of growth in the prior quarter.
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
-1.7%
Change from the immediately preceding quarter.
Year-over-year
+0.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$23.1B
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 |
|---|---|---|
| Dec 31, 2023 | $5.3B | +0.4% |
| Mar 31, 2024 | $5.4B | -1.4% |
| Jun 30, 2024 | $6.3B | +0.5% |
| Sep 30, 2024 | $6.2B | +0.7% |
Revenue performance
Reported revenue increased compared with the same quarter one year earlier, marking a continuation of year-over-year growth. However, the quarter-over-quarter comparison showed a decline.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased. Compared with the same quarter one year earlier, revenue increased.
What to watch
The sequential revenue decline after a prior-quarter increase may warrant attention in the next reporting period.