The Sherwin-Williams Company
Income Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Revenue | $7.09B | $7.98B | $8.01B |
| Cost of Revenue | $3.83B | $4.48B | $4.41B |
| Gross Profit | $3.26B | $3.50B | $3.60B |
| Gross Margin | 46.0% | 43.8% | 45.0% |
| Operating Expenses | |||
| Research & Development | $40.4M | $37.5M | — |
| SG&A Expense | $2.53B | $2.64B | $2.60B |
| Operating Income | $662.8M | $746.4M | $912.9M |
| Operating Margin | 9.3% | 9.4% | 11.4% |
| Interest Expense | $40.0M | $32.0M | — |
| Pretax Income | $622.8M | $714.5M | $912.9M |
| Income Tax Expense | $187.0M | $237.6M | $297.4M |
| Net Income | $435.8M | $476.9M | $615.6M |
| Net Margin | 6.1% | 6.0% | 7.7% |
| EPS (Basic) | $1.27 | $1.35 | $1.61 |
| EPS (Diluted) | $1.26 | $1.33 | $1.57 |
| Shares Outstanding (Basic) | 340.54B | 350.51B | 381.67B |
| Shares Outstanding (Diluted) | 346.27B | 358.03B | 392.77B |
| Dividends Per Share | $0.47 | $0.47 | $0.42 |