How did Sherwin-Williams' revenue and expenses trend in Q4 2024?

Sherwin-Williams' revenue and expenses in Q4 2024 showed a flat to low-single-digit increase in sales, with gross margin at 48.47%:

1. Revenue Trend: The company's total revenue for Q4 2024, was $5.3 billion. This represents a slight increase from the previous quarter's revenue of $6.16 billion reported in Q3 2024, which had a year-over-year change of +0.8%. The recent quarter's revenue was also higher than the $5 billion reported for Q2 2024.
2. Gross Margin: The gross margin for Q4 2024, was 48.47%, indicating that the company retained 48.47% of its sales as gross profit after fulfilling its cost obligations. This is a standard metric used to assess a company's profitability and efficiency in generating income from its core operations.
3. Expenses Trend: The Selling, General, and Administrative (SG&A) expenses for Q4 2024, were $1.88 billion. This represents a significant expense in the quarter, which is essential for managing operational costs and maintaining profitability. The R&D expenses for the same period were not provided, making it difficult to assess the specific allocation of expenses towards innovation and development.

SHW Selling, General, and Administrative Expenses, Gross Profit...

In conclusion, Sherwin-Williams experienced a slight increase in revenue for Q4 2024, with gross margin remaining stable at 48.47%. The SG&A expenses were substantial, indicating the company's focus on managing operational costs to maintain profitability. The lack of R&D expense data prevents a comprehensive analysis of the company's investment in innovation, which may impact its long-term growth and competitiveness in the market.