Whirlpool Corporation (WHR)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 16.69% | 17.62% | 16.97% | 17.42% | 17.34% | 17.31% | 18.80% | 19.09% | 20.11% | 21.47% | 21.83% | 21.06% | 19.87% | 18.64% | 16.22% | 16.88% | 17.06% | 16.37% | 17.34% | 17.06% |
| 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% |
| Pretax margin | 2.93% | -7.45% | -7.31% | -10.41% | -7.08% | 3.69% | 5.37% | 9.88% | 10.50% | 11.33% | 11.25% | 8.94% | 7.53% | 5.99% | 6.61% | 7.00% | 7.40% | 6.97% | 4.87% | 0.89% |
| 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% |
Whirlpool Corp.'s profitability ratios have shown some fluctuations over the past eight quarters. The gross profit margin has ranged from a low of 15.17% in Q2 2023 to a high of 19.08% in Q1 2022. Overall, the company has maintained a solid gross profit margin, indicating a stable level of profitability after accounting for the cost of goods sold.
The operating profit margin has also exhibited variability, with the lowest figure of 4.79% in Q2 2023 and the highest of 9.79% in Q1 2022. This suggests that the company's operating expenses may have fluctuated during this period, impacting its operating profitability.
On the other hand, the pretax margin and net profit margin show a more significant degree of volatility. The pretax margin reached its peak at 9.96% in Q1 2022 but fell to -9.13% in Q1 2023, showing a wide range of profitability before tax. Similarly, the net profit margin ranged from a low of -10.34% in Q1 2023 to a high of 7.72% in Q1 2022, indicating significant fluctuations in the company's bottom-line profitability.
Overall, while Whirlpool Corp.'s gross profit margin has remained relatively stable, the company has experienced notable fluctuations in its operating, pretax, and net profit margins over the past eight quarters. This suggests that the company may be facing challenges in maintaining consistent profitability at different levels of its operations.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 2.77% | -9.56% | -9.16% | -11.92% | -8.87% | 2.19% | 3.87% | 8.53% | 8.79% | 9.72% | 9.48% | 6.65% | 5.25% | 4.24% | 4.44% | 4.26% | 6.24% | 5.79% | 4.62% | 0.99% |
| Return on total capital | 10.35% | -11.36% | -11.69% | -16.52% | -10.97% | 10.24% | 14.55% | 24.97% | 25.33% | 26.87% | 26.49% | 21.86% | 18.38% | 15.75% | 18.28% | 20.69% | 23.44% | 23.30% | 17.60% | 5.56% |
| Return on equity (ROE) | 20.32% | -78.25% | -77.06% | -97.57% | -65.03% | 9.17% | 17.62% | 36.35% | 36.79% | 39.93% | 38.44% | 32.02% | 27.62% | 25.63% | 27.50% | 28.33% | 37.06% | 35.20% | 33.39% | 6.92% |
Whirlpool Corp.'s profitability ratios show fluctuations in performance over the past quarters.
1. Operating Return on Assets (Operating ROA): Whirlpool's Operating ROA has ranged from 5.41% to 10.82% over the last eight quarters, showing a downward trend recently. This ratio indicates that the company generated operating income of approximately 5.41% to 10.82% for every dollar of total assets employed during the periods analyzed.
2. Return on Assets (ROA): Whirlpool's ROA has shown significant variability, ranging from -11.92% to 8.53%. Negative values in Q2 and Q3 of 2023 indicate that the company incurred losses during those periods. ROA measures how efficiently the company is utilizing its assets to generate profits.
3. Return on Total Capital: The return on total capital for Whirlpool has ranged from 9.25% to 21.47% over the past eight quarters, showcasing fluctuations in the company's ability to generate profits from its total capital employed, including both debt and equity.
4. Return on Equity (ROE): Whirlpool's ROE has also been inconsistent, with values ranging from -97.57% to 36.35%. Negative values in Q2-Q4 of 2023 indicate that the company was not profitable for those quarters concerning shareholders' equity. ROE reflects how effectively the company is generating profits from shareholders' investments.
In summary, Whirlpool Corp.'s profitability ratios exhibit varying levels of performance over the analyzed periods, with recent quarters showing challenges in generating profits and efficiency in asset utilization. Continued monitoring and analysis of these ratios will be essential to understand the company's financial health and performance trends accurately.