Whirlpool Corporation (WHR)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 17,312,000 | 16,889,000 | 16,981,000 | 16,864,000 | 17,124,000 | 17,511,000 | 18,352,000 | 19,487,000 | 20,285,000 | 20,394,000 | 20,081,000 | 20,338,000 | 20,436,000 | 20,359,000 | 18,676,000 | 20,338,000 | 18,973,000 | 18,406,000 | 19,855,000 | 19,686,000 |
| Operating ROA | 5.86% | -4.91% | -5.09% | -8.74% | -6.17% | 4.97% | 6.54% | 11.24% | 11.57% | 12.60% | 12.85% | 9.68% | 7.89% | 6.49% | 7.77% | 7.72% | 8.28% | 7.91% | 5.35% | 2.03% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,015,000K ÷ $17,312,000K
= 5.86%
Whirlpool Corp.'s operating return on assets (operating ROA) has shown a downward trend over the past eight quarters, with a decrease from 10.82% in Q1 2022 to 6.57% in Q4 2023. This suggests a decline in the company's efficiency in generating operating income from its assets.
The drop in operating ROA may indicate challenges in effectively utilizing its assets to generate revenue or controlling operating expenses. It is essential for the company to closely monitor and manage its asset utilization and profitability to improve its financial performance and competitiveness in the market.
Further analysis of the components contributing to the operating ROA, such as operating income and total assets, would provide deeper insights into the factors influencing the metric and enable the identification of areas for improvement.
Peer comparison
Dec 31, 2023