Whirlpool Corporation (WHR)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 16,254,000 | 17,298,000 | 18,058,000 | 18,799,000 | 18,998,000 | 17,159,000 | 17,116,000 | 17,137,000 | 17,721,000 | 20,158,000 | 20,845,000 | 21,538,000 | 21,915,000 | 21,939,000 | 21,757,000 | 20,351,000 | 19,321,000 | 18,905,000 | 19,220,000 | 20,282,000 |
| Total assets | US$ in thousands | 16,301,000 | 17,160,000 | 17,343,000 | 17,370,000 | 17,312,000 | 16,889,000 | 16,981,000 | 16,864,000 | 17,124,000 | 17,511,000 | 18,352,000 | 19,487,000 | 20,285,000 | 20,394,000 | 20,081,000 | 20,338,000 | 20,436,000 | 20,359,000 | 18,676,000 | 20,338,000 |
| Total asset turnover | 1.00 | 1.01 | 1.04 | 1.08 | 1.10 | 1.02 | 1.01 | 1.02 | 1.03 | 1.15 | 1.14 | 1.11 | 1.08 | 1.08 | 1.08 | 1.00 | 0.95 | 0.93 | 1.03 | 1.00 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $16,254,000K ÷ $16,301,000K
= 1.00
Whirlpool Corporation's total asset turnover ratio has shown fluctuations over the past few years, ranging between 0.93 and 1.15. The ratio stood at 1.00 as of March 31, 2020, then increased to 1.08 by June 30, 2021, before reaching a peak of 1.15 on September 30, 2022. From December 31, 2022, to December 31, 2024, the ratio gradually decreased to 1.00, indicating a potential decline in the company's efficiency in generating sales from its total assets. Overall, the company has maintained a relatively healthy total asset turnover ratio, indicating efficient utilization of its assets to generate revenue. Further analysis and comparison with industry benchmarks would provide more insights into Whirlpool Corporation's asset utilization efficiency.
Peer comparison
Dec 31, 2024