Whirlpool Corporation (WHR)
Gross profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,582,000 | 2,703,000 | 2,859,000 | 3,049,000 | 3,170,000 | 3,023,000 | 2,904,000 | 2,985,000 | 3,073,000 | 3,490,000 | 3,918,000 | 4,111,000 | 4,408,000 | 4,710,000 | 4,750,000 | 4,285,000 | 3,840,000 | 3,524,000 | 3,117,000 | 3,424,000 |
| 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 |
| Gross profit margin | 15.89% | 15.63% | 15.83% | 16.22% | 16.69% | 17.62% | 16.97% | 17.42% | 17.34% | 17.31% | 18.80% | 19.09% | 20.11% | 21.47% | 21.83% | 21.06% | 19.87% | 18.64% | 16.22% | 16.88% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,582,000K ÷ $16,254,000K
= 15.89%
Whirlpool Corporation's gross profit margin has fluctuated over the past few years, reflecting changes in its financial performance. The trend indicates a general increase from March 2020 to September 2021, reaching a peak of 21.83% in June 2021. Subsequently, there was a slight decline until December 2021. However, the margin decreased significantly in the following quarters, dropping to 15.63% by September 2024.
This downward trend in gross profit margin could suggest potential challenges for Whirlpool in managing its cost of goods sold relative to its revenues. A decreasing gross profit margin may indicate pricing pressures, higher production costs, or inefficiencies in the company's operations. Investors and stakeholders may view these trends as a cause for concern regarding Whirlpool's profitability and overall financial health. Further analysis of the company's cost structure and revenue streams would be necessary to understand the underlying factors driving these changes in gross profit margin.
Peer comparison
Dec 31, 2024