Whirlpool Corporation (WHR)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 143,000 | 1,015,000 | -1,056,000 | 2,348,000 | 1,615,000 |
| Total assets | US$ in thousands | 16,301,000 | 17,312,000 | 17,124,000 | 20,285,000 | 20,436,000 |
| Operating ROA | 0.88% | 5.86% | -6.17% | 11.58% | 7.90% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $143,000K ÷ $16,301,000K
= 0.88%
Whirlpool Corporation's operating return on assets (Operating ROA) is a key metric that indicates the company's efficiency in generating profits from its assets.
From the data provided, we can observe fluctuations in Whirlpool's Operating ROA over the years:
- As of December 31, 2020, the Operating ROA stood at 7.90%, reflecting a decent return on the assets employed by the company.
- By December 31, 2021, the Operating ROA increased notably to 11.58%, indicating improved profitability relative to the assets held.
- However, there was a significant decline in performance by December 31, 2022, with the Operating ROA falling to -6.17%. This negative value suggests that the company's operating income was insufficient to cover the assets deployed during that period, indicating potential operational challenges.
- The Operating ROA recovered by December 31, 2023, reaching 5.86%, but remained below the levels seen in the previous years.
- By the end of December 31, 2024, the Operating ROA further decreased to 0.88%, indicating a decline in profitability relative to the company's assets.
Overall, the trend in Whirlpool Corporation's Operating ROA suggests fluctuating profitability and efficiency in utilizing its assets over the years, with notable variations in performance that could indicate shifts in the company's operational effectiveness and financial health.
Peer comparison
Dec 31, 2024