Whirlpool Corporation (WHR)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -323,000 | 481,000 | -1,519,000 | 1,783,000 | 1,075,000 |
| Revenue | US$ in thousands | 16,343,000 | 18,998,000 | 17,719,000 | 21,915,000 | 19,274,000 |
| Net profit margin | -1.98% | 2.53% | -8.57% | 8.14% | 5.58% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-323,000K ÷ $16,343,000K
= -1.98%
To analyze Whirlpool Corporation's net profit margin from 2020 to 2024, we observe a fluctuating trend. In 2020, the net profit margin was 5.58%, showing a moderate level of profitability. This margin increased significantly to 8.14% in 2021, indicating improved profitability. However, in 2022, the net profit margin declined sharply to -8.57%, reflecting a loss for that year.
In 2023, there was a partial recovery with a net profit margin of 2.53%, suggesting a return to positive profitability. However, in 2024, the margin decreased to -1.98%, signifying a decrease in profitability and a return to losses for the company. Overall, the net profit margin exhibited fluctuations, with periods of profitability and losses, highlighting the need for Whirlpool to focus on improving operational efficiency and managing costs effectively to sustain profitability in the future.
Peer comparison
Dec 31, 2024