Sherwin-Williams(US:SHW)2025-06-23 12:14Business Strategy and Priorities - The company aims to deliver above-market growth, Return on Sales (ROS), cash generation, and Return on Net Assets Employed (RONAE) [7] - "Success by Design" is a proactive approach focused on customer success through sustainability, digitization, talent & culture, simplification, and supply chain responsiveness [9] - The company focuses on providing differentiated solutions that drive customer productivity and profitability [8, 14] Financial Performance and Metrics - The company's net sales have grown with a 5-year Compound Annual Growth Rate (CAGR) of 5.2% [55] - Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) has grown with a 5-year CAGR of 7.7% [55] - Adjusted Earnings Per Share (EPS) has grown with a 5-year CAGR of 10.0% [55] - The company targets less than 2.0% of sales for capital expenditure (CAPEX) investment [62] Segment Performance (2024 Net Sales) - Paint Stores Group net sales were $13.2 billion with a segment margin of 22.0% [22] - Consumer Brands Group net sales were $3.1 billion with an adjusted segment margin of 21.0% [31] - Performance Coatings Group net sales were $6.8 billion with an adjusted segment margin of 18.0% [39] Capital Allocation - The company targets returning 30% of prior year Generally Accepted Accounting Principles (GAAP) earnings as dividends [62] - The company has increased dividends for 46 consecutive years [62, 66] - The company repurchased 56.3 million shares in the last decade at an average price of $206.94 per share [62]