WHIRLPOOL CORP /DE/

10-K & 10-Q Filings

Whirlpool Corporation is a leading global manufacturer and marketer of major home appliances and related products, with approximately $19 billion in annual net sales and 59,000 employees in 2023. The company was founded in 1911 and is headquartered in Benton Charter Township, Michigan, USA. Whirlpool's strategic architecture includes a portfolio transformation journey, a sustained investment in innovation, and a strong cost position. The company's product portfolio includes major home appliances, such as laundry appliances, refrigerators and freezers, cooking appliances, and dishwashers, as well as small domestic appliances and commercial appliances. Whirlpool's brands include Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Bauknecht, Ignis, and Amana, among others. The company operates in four business segments: North America, Europe, Middle East and Africa (EMEA), Latin America, and Asia. In 2023, Whirlpool entered into a contribution agreement with Arcelik to contribute its European major domestic appliance business and sell its Middle East and Africa business. Whirlpool's website is www.whirlpoolcorp.com, and its ticker symbol is WHR on the New York Stock Exchange.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$18666.00
18143.00
18769.00
19872.00
20891.00
20718.00
21253.00
21037.00
20419.00
19456.00
21985.00
19724.00
19455.00
4649.00
4490.00
0.35%-3.42%Cost of Revenue (-)
$16089.00
15250.00
15471.00
16477.00
17201.00
17036.00
17651.00
17500.00
16886.00
15606.00
17576.00
16651.00
16285.00
3886.00
3848.00
0.10%-0.98%Gross Profit (+)
$2577.00
2893.00
3298.00
3395.00
3690.00
3682.00
3602.00
3537.00
3533.00
3850.00
4409.00
3073.00
3170.00
763.00
642.00
1.74%-15.86%Selling, General & Administrative (-)
$1621.00
1757.00
1828.00
2038.00
2130.00
2084.00
2112.00
2189.00
2142.00
1877.00
2081.00
1820.00
1993.00
487.00
477.00
1.74%-2.05%Depreciation & Amortization (-)
$28.00
30.00
25.00
33.00
74.00
71.00
79.00
75.00
69.00
62.00
47.00
35.00
40.00
11.00
11.00
3.02%0.00%Non-recurring Operating Expenses (-)
$136.00
237.00
196.00
201.00
173.00
275.00
247.00
188.00
288.00
38.00
21.00
16.00
23.00
-16.33%Operating Expenses (-)
$1785.00
2024.00
2049.00
2207.00
2405.00
2328.00
2466.00
3258.00
1962.00
2220.00
2061.00
4129.00
2155.00
720.00
758.00
1.58%5.28%Costs & Expenses (Total) (-)
$17874.00
17274.00
17520.00
18684.00
19606.00
19364.00
20117.00
20758.00
18848.00
17833.00
19637.00
20780.00
18440.00
4606.00
4606.00
0.26%0.00%Operating Income/Loss (+)
$792.00
869.00
1249.00
1188.00
1285.00
1354.00
1136.00
279.00
1571.00
1623.00
2348.00
-1056.00
1015.00
43.00
-116.00
2.09%-369.77%Non-operating Income/Expense (+)
$-607.00
-112.00
-155.00
-142.00
-89.00
-79.00
-87.00
-108.00
168.00
21.00
151.00
-99.00
-76.00
29.00
138.16%Interest Expense (-)
$213.00
199.00
177.00
165.00
165.00
161.00
162.00
192.00
187.00
189.00
175.00
190.00
351.00
75.00
90.00
4.25%20.00%Earnings before Tax (+)
$-28.00
558.00
917.00
881.00
1031.00
1114.00
887.00
-21.00
1552.00
1455.00
2332.00
-1227.00
593.00
-109.00
-177.00
-62.39%Tax Expense (-)
$-436.00
133.00
68.00
189.00
209.00
186.00
550.00
138.00
354.00
384.00
518.00
265.00
77.00
68.00
76.00
11.76%Income/Loss (Continuing Operations) (+)
$408.00
425.00
849.00
692.00
822.00
928.00
337.00
-159.00
1198.00
1071.00
1814.00
-1492.00
516.00
-177.00
-253.00
1.98%-42.94%Profit/Loss (+)
$408.00
425.00
849.00
692.00
822.00
928.00
337.00
-159.00
1198.00
1071.00
1806.00
-1511.00
488.00
-176.00
-253.00
1.50%-43.75%Net Income/Loss (NCI) (-)
$18.00
24.00
22.00
42.00
39.00
40.00
-13.00
24.00
14.00
-10.00
23.00
8.00
7.00
3.00
6.00
-7.57%100.00%Net Income/Loss (+)
$390.00
401.00
827.00
650.00
783.00
888.00
350.00
-183.00
1184.00
1081.00
1783.00
-1519.00
481.00
-179.00
-259.00
1.76%-44.69%Net Income/Loss (Common) (+)
$390.00
401.00
827.00
650.00
783.00
888.00
350.00
-183.00
1184.00
1081.00
1783.00
-1519.00
481.00
-179.00
-259.00
1.76%-44.69%EPS (Basic)
$5.07
5.14
10.42
8.30
9.95
11.67
4.78
-2.72
18.60
17.24
28.73
-27.18
8.76
-3.27
-4.72
4.66%-44.34%EPS (Diluted)
$4.99
5.06
10.24
8.17
9.83
11.50
4.70
-2.72
18.45
17.07
28.36
-27.18
8.72
-3.27
-4.72
4.76%-44.34%Weighted Avg Shares (Basic)
76.80
78.10
79.30
78.30
78.70
76.10
73.30
67.20
63.70
62.70
62.10
55.90
55.00
54.80
54.90
-2.74%0.18%Weighted Avg Shares (Diluted)
78.10
79.30
80.80
79.60
79.70
77.20
74.40
67.20
64.20
63.30
62.90
55.90
55.20
54.80
54.90
-2.85%0.18%Cash
$1109.00
1168.00
1380.00
1026.00
772.00
1085.00
1196.00
1500.00
1952.00
2924.00
3044.00
1958.00
1570.00
1359.00
1231.00
2.94%-9.42%Receivables
$2105.00
2038.00
2005.00
2768.00
2530.00
2711.00
2665.00
2210.00
2198.00
3109.00
3100.00
1555.00
1529.00
1612.00
1707.00
-2.63%5.89%Inventory
$2354.00
2354.00
2408.00
2740.00
2619.00
2623.00
2988.00
2533.00
2438.00
2187.00
2717.00
2089.00
2247.00
2351.00
2381.00
-0.39%1.28%Prepaid Expenses (Current)
$606.00
709.00
680.00
1147.00
953.00
920.00
1081.00
839.00
810.00
795.00
834.00
653.00
717.00
630.00
646.00
1.41%2.54%Other Assets (Current)
$248.00
558.00
549.00
417.00
451.00
818.00
139.00
144.00
143.00
227.00
-4.43%58.74%Assets (Current)
$6422.00
6827.00
7022.00
8098.00
7325.00
7339.00
7930.00
7898.00
7398.00
9015.00
9695.00
6394.00
6207.00
6095.00
6192.00
-0.28%1.59%Property, Plant & Equipment (Net)
$
3774.00
3810.00
4033.00
3414.00
4222.00
4188.00
3751.00
2793.00
2955.00
2801.00
3099.00
10.64%Goodwill & Intangibles
$3484.00
1727.00
3426.00
2807.00
5684.00
5508.00
5709.00
4747.00
4665.00
4690.00
4466.00
6478.00
6454.00
6482.00
6443.00
5.27%-0.60%Other Assets
$5275.00
6842.00
5096.00
9097.00
2227.00
2496.00
2366.00
2288.00
2596.00
2457.00
2373.00
1459.00
1696.00
1486.00
1636.00
-9.02%10.09%Assets (Non-current)
$8759.00
8569.00
8522.00
11904.00
11685.00
11814.00
12108.00
10449.00
11483.00
11335.00
10590.00
10730.00
11105.00
10769.00
11178.00
2.00%3.80%Assets (Total)
$15181.00
15396.00
15544.00
20002.00
19010.00
19153.00
20038.00
18347.00
18881.00
20350.00
20285.00
17124.00
17312.00
16864.00
17370.00
1.10%3.00%Accounts Payable
$4828.00
4910.00
5031.00
6081.00
5530.00
5455.00
5885.00
5570.00
5649.00
6119.00
6598.00
4016.00
4327.00
4160.00
4015.00
-0.91%-3.49%Debt (Current)
$362.00
517.00
617.00
803.00
528.00
594.00
826.00
1981.00
853.00
310.00
308.00
252.00
817.00
309.00
500.00
7.02%61.81%Other Liabilities (Current)
$1107.00
1083.00
1146.00
1519.00
1686.00
1613.00
1794.00
2127.00
1867.00
1901.00
1604.00
1663.00
1804.00
1513.00
2035.00
4.15%34.50%Liabilities (Current)
$6297.00
6510.00
6794.00
8403.00
7744.00
7662.00
8505.00
9678.00
8369.00
8330.00
8510.00
5931.00
6948.00
5982.00
6550.00
0.82%9.50%Debt (Non-current)
$2129.00
1944.00
1846.00
3544.00
3470.00
3876.00
4392.00
4046.00
4918.00
5059.00
4929.00
7363.00
6414.00
7382.00
6674.00
9.63%-9.59%Other Liabilities
$2475.00
2575.00
1870.00
2259.00
2122.00
1887.00
2013.00
1418.00
1476.00
2252.00
1833.00
1324.00
1413.00
1266.00
1536.00
-4.56%21.33%Liabilities (Non-current)
$4604.00
4519.00
3716.00
5803.00
5592.00
5763.00
6405.00
5464.00
6394.00
7311.00
6762.00
8687.00
7827.00
8648.00
8210.00
4.52%-5.06%Liabilities (Total)
$10901.00
11029.00
10510.00
14206.00
13336.00
13425.00
14910.00
15142.00
14763.00
15641.00
15272.00
14618.00
14775.00
14630.00
14760.00
2.57%0.89%Treasury Stock
$1822.00
1777.00
2124.00
2149.00
2399.00
2924.00
3674.00
4827.00
4975.00
5065.00
6106.00
7010.00
7010.00
7011.00
7055.00
11.88%0.63%Retained Earnings
$4922.00
5147.00
5784.00
6209.00
6722.00
7314.00
7352.00
6933.00
7870.00
8639.00
10170.00
8261.00
8358.00
7985.00
8004.00
4.51%0.24%AOCI
$-1226.00
-1531.00
-1298.00
-1840.00
-2332.00
-2400.00
-2331.00
-2695.00
-2618.00
-2811.00
-2357.00
-2090.00
-2178.00
-2091.00
-2157.00
-3.16%Shareholder's Equity
$4280.00
4367.00
5034.00
5796.00
5674.00
5728.00
5128.00
3205.00
4118.00
4709.00
5013.00
2506.00
2537.00
2234.00
2610.00
-4.26%16.83%Liabilities & Equity
$15181.00
15396.00
15544.00
20002.00
19010.00
19153.00
20038.00
18347.00
18881.00
20350.00
20285.00
17124.00
17312.00
16864.00
17370.00
1.10%3.00%Net Income/Loss
$408.00
425.00
849.00
692.00
822.00
928.00
337.00
-159.00
1198.00
1071.00
1806.00
-1511.00
488.00
-176.00
-253.00
1.50%-43.75%Depreciation & Amortization
$558.00
551.00
540.00
560.00
668.00
655.00
654.00
645.00
587.00
568.00
494.00
475.00
361.00
89.00
89.00
-3.56%0.00%Increase/Decrease in Working Capital
$641.00
-60.00
101.00
-218.00
202.00
380.00
-273.00
4.00
118.00
139.00
-23.00
-173.00
40.00
612.00
956.00
-20.64%56.21%Adjustments to Reconcile Net Income
$122.00
271.00
413.00
787.00
403.00
275.00
927.00
1388.00
32.00
429.00
370.00
2901.00
427.00
-301.00
-620.00
11.00%-105.98%Net Cash (Operating)
$530.00
696.00
1262.00
1479.00
1225.00
1203.00
1264.00
1229.00
1230.00
1500.00
2176.00
1390.00
915.00
-477.00
-873.00
4.66%-83.02%Capital Expenditure
$592.00
494.00
584.00
2545.00
759.00
672.00
719.00
615.00
532.00
410.00
964.00
3645.00
563.00
110.00
115.00
-0.42%4.55%Net Cash (Investing)
$-596.00
-494.00
-582.00
-2456.00
-681.00
-588.00
-655.00
-399.00
636.00
-237.00
-660.00
-3568.00
-553.00
-110.00
-115.00
-4.55%Increase/Decrease in Debt
$-15.00
-33.00
10.00
940.00
-217.00
545.00
494.00
972.00
-972.00
134.00
-1.00
2496.00
-412.00
62.00
501.00
708.06%Increase/Decrease in Equity
$14.00
43.00
-255.00
13.00
-212.00
-499.00
-716.00
-1136.00
-140.00
-77.00
-965.00
-900.00
4.00
1.00
-50.00
-9.91%-5100.00%Interest Expenses
$208.00
197.00
179.00
172.00
178.00
198.00
181.00
183.00
194.00
193.00
169.00
161.00
370.00
4.92%Dividends Paid
$148.00
155.00
187.00
224.00
269.00
294.00
312.00
306.00
305.00
311.00
338.00
390.00
384.00
97.00
95.00
8.27%-2.06%Net Cash (Financing)
$-166.00
-148.00
-434.00
705.00
-707.00
-278.00
-553.00
-518.00
-1424.00
-253.00
-1339.00
1206.00
-792.00
-38.00
818.00
2252.63%Cash Taxes Paid
$136.00
177.00
158.00
140.00
251.00
300.00
311.00
206.00
469.00
229.00
388.00
247.00
175.00
2.12%Effect of Exchange Rate
$-27.00
5.00
-34.00
-82.00
-91.00
-24.00
55.00
-67.00
-28.00
-28.00
-67.00
-20.00
45.00
27.00
-20.00
-174.07%Increase/Decrease in Cash
$-259.00
59.00
212.00
-354.00
-254.00
313.00
111.00
245.00
414.00
982.00
110.00
-1086.00
-388.00
-599.00
-339.00
43.41%Cash (Beginning)
$1368.00
1109.00
1168.00
1380.00
1026.00
772.00
1085.00
1293.00
1538.00
1952.00
2934.00
3044.00
1958.00
1958.00
1570.00
3.03%-19.82%Cash (Ending)
$1109.00
1168.00
1380.00
1026.00
772.00
1085.00
1196.00
1538.00
1952.00
2934.00
3044.00
1958.00
1570.00
1359.00
1231.00
2.94%-9.42%NOPAT
$13124.57
593.35
1033.80
999.21
972.16
989.37
737.70
-2457.86
1096.26
1367.56
1957.34
-843.42
715.46
16.17
-66.19
-21.53%-509.24%Gross Margin %
13.81%
15.95%
17.57%
17.08%
17.66%
17.77%
16.95%
16.81%
17.30%
19.79%
20.05%
15.58%
16.29%
16.41%
14.30%
Operating Margin %
4.24%
4.79%
6.65%
5.98%
6.15%
6.54%
5.35%
1.33%
7.69%
8.34%
10.68%
-5.35%
5.22%
0.92%
-2.58%
NOPAT Margin %
70.31%
3.27%
5.51%
5.03%
4.65%
4.78%
3.47%
-11.68%
5.37%
7.03%
8.90%
-4.28%
3.68%
0.35%
-1.47%
Net Margin %
2.09%
2.21%
4.41%
3.27%
3.75%
4.29%
1.65%
-0.87%
5.80%
5.56%
8.11%
-7.70%
2.47%
-3.85%
-5.77%
Tax Rate %
-1557.14%
31.72%
17.23%
15.89%
24.35%
26.93%
35.06%
980.95%
30.22%
15.74%
16.64%
20.13%
29.51%
62.39%
42.94%
ROA
86.45%
3.85%
6.65%
5.00%
5.11%
5.17%
3.68%
-13.40%
5.81%
6.72%
9.65%
-4.93%
4.13%
0.10%
-0.38%
ROE
306.65%
13.59%
20.54%
17.24%
17.13%
17.27%
14.39%
-76.69%
26.62%
29.04%
39.05%
-33.66%
28.20%
0.72%
-2.54%
ROIC
306.90%
23.32%
24.07%
27.39%
9.76%
9.52%
6.77%
-28.55%
11.30%
13.89%
20.25%
-7.90%
6.98%
0.17%
-0.68%
Asset Turnover
1.23
1.18
1.21
0.99
1.10
1.08
1.06
1.15
1.08
0.96
1.08
1.15
1.12
0.28
0.26
Inventory Turnover
6.83
6.48
6.42
6.01
6.57
6.49
5.91
6.91
6.93
7.14
6.47
7.97
7.25
1.65
1.62
Equity Multiplier
3.55
3.53
3.09
3.45
3.35
3.34
3.91
5.72
4.58
4.32
4.05
6.83
6.82
7.55
6.66
Current Ratio
1.02
1.05
1.03
0.96
0.95
0.96
0.93
0.82
0.88
1.08
1.14
1.08
0.89
1.02
0.95
Quick Ratio
0.51
0.49
0.50
0.45
0.43
0.50
0.45
0.38
0.50
0.72
0.72
0.59
0.45
0.50
0.45
Debt/Equity Ratio
0.58
0.56
0.49
0.75
0.70
0.78
1.02
1.88
1.40
1.14
1.04
3.04
2.85
3.44
2.75
Interest Coverage Ratio
3.81
4.41
6.98
6.91
7.22
6.84
6.28
1.52
8.10
8.41
13.89
-6.56
2.74
Working Capital/Sales
0.04
0.05
0.05
0.04
0.02
0.05
0.05
0.02
0.04
0.05
0.07
0.07
0.04
0.03
0.03
Dividend Payout Ratio %
1.13%
26.12%
18.09%
22.42%
27.67%
29.72%
42.29%
12.45%
27.82%
22.74%
17.27%
46.24%
53.67%
599.72%
143.52%
Total Payout
$357.00
342.00
611.00
-557.00
876.00
446.00
715.00
653.00
1611.00
447.00
1473.00
-1045.00
1162.00
34.00
-356.00
10.33%-1147.06%Payout Ratio %
2.72%
57.64%
59.10%
-55.74%
90.11%
45.08%
96.92%
26.57%
146.95%
32.69%
75.26%
-123.90%
162.41%
210.21%
-537.83%