earnings
confidence high
sentiment negative
materiality 0.80
Sherwin-Williams reports record 2022 sales $22.15B; 2023 adj. EPS guidance $7.95-$8.65 vs $8.73
SHERWIN WILLIAMS CO
2022-FY EPS reported
$7.72
revenue$22,148,900,000
- Full year net sales $22.15B (+11.1% YoY); diluted EPS $7.72, adjusted diluted EPS $8.73 (up from $8.15).
- Q4 net sales $5.23B (+9.8% YoY); diluted EPS $1.48, adjusted diluted EPS $1.89 (+41% YoY).
- The Americas Group Q4 sales +15.7% to $3.07B, segment profit +31.6% to $526.7M.
- 2023 guidance: full year net sales down mid-single digit to flat; diluted EPS $6.79-$7.59.
- Returned ~$1.5B to shareholders via dividends ($619M) and share repurchases ($883M) in 2022.