Whirlpool Corporation (WHR)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,015,000 | -829,000 | -865,000 | -1,474,000 | -1,056,000 | 870,000 | 1,201,000 | 2,190,000 | 2,347,000 | 2,569,000 | 2,580,000 | 1,968,000 | 1,613,000 | 1,321,000 | 1,451,000 | 1,571,000 | 1,571,000 | 1,456,000 | 1,062,000 | 399,000 |
| 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 |
| Operating profit margin | 5.34% | -4.83% | -5.05% | -8.60% | -5.96% | 4.32% | 5.76% | 10.17% | 10.71% | 11.71% | 11.86% | 9.67% | 8.35% | 6.99% | 7.55% | 7.75% | 7.59% | 6.94% | 5.13% | 1.92% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,015,000K ÷ $18,998,000K
= 5.34%
Whirlpool Corp.'s operating profit margin has displayed some fluctuations over the recent quarters. In Q4 2023, the operating profit margin stood at 5.84%, experiencing a slight increase from the previous quarter. However, compared to the same quarter in the prior year, there has been a decline in the margin, which was at 6.18%.
Looking at the trend over the past eight quarters, there has been a gradual decline in the operating profit margin, starting from 9.79% in Q1 2022 to the current 5.84% in Q4 2023. This downward trend suggests that Whirlpool Corp. may be facing challenges in maintaining or increasing its profitability from its core operations.
It is important for investors and stakeholders to closely monitor Whirlpool Corp.'s strategies and performance indicators to understand the factors influencing the operating profit margin and to assess the company's overall financial health and efficiency in generating profits.
Peer comparison
Dec 31, 2023