Whirlpool Corporation (WHR)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 480,000 | -1,615,000 | -1,555,000 | -2,011,000 | -1,519,000 | 383,000 | 711,000 | 1,663,000 | 1,783,000 | 1,982,000 | 1,903,000 | 1,352,000 | 1,073,000 | 864,000 | 830,000 | 867,000 | 1,184,000 | 1,066,000 | 918,000 | 194,000 |
| Revenue (ttm) | US$ in thousands | 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 | 20,708,000 | 20,986,000 | 20,698,000 | 20,736,000 |
| Net profit margin | 2.53% | -9.41% | -9.09% | -11.73% | -8.57% | 1.90% | 3.41% | 7.72% | 8.14% | 9.03% | 8.75% | 6.64% | 5.55% | 4.57% | 4.32% | 4.27% | 5.72% | 5.08% | 4.44% | 0.94% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $480,000K ÷ $18,998,000K
= 2.53%
To analyze Whirlpool Corp.'s net profit margin, we can observe fluctuations in the company's profitability over the past eight quarters. The net profit margin measures the percentage of revenue that translates into profit after all expenses have been deducted.
From the provided data, we can see that the net profit margin has shown significant variability in recent quarters. In Q1 2023, the net profit margin was -10.34%, indicating that the company experienced a loss during that period. This was a notable decline compared to previous quarter performance.
In contrast, in Q1 2022, the company achieved a relatively healthy net profit margin of 7.72%, suggesting strong profitability during that quarter. However, it is important to note that the profit margin has been fluctuating, as evidenced by the negative margins in Q2 and Q3 of 2023 and Q4 of 2022.
Overall, the trend in Whirlpool Corp.'s net profit margin appears to be volatile, reflecting potential challenges in sustaining profitability. Further analysis of the company's operating expenses, revenue trends, and potential external factors impacting profitability would be necessary to gain a deeper understanding of the dynamics affecting Whirlpool Corp.'s financial performance.
Peer comparison
Dec 31, 2023