Whirlpool Corporation (WHR)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -323,000 | 481,000 | -1,519,000 | 1,783,000 | 1,075,000 |
| Total assets | US$ in thousands | 16,301,000 | 17,312,000 | 17,124,000 | 20,285,000 | 20,436,000 |
| ROA | -1.98% | 2.78% | -8.87% | 8.79% | 5.26% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-323,000K ÷ $16,301,000K
= -1.98%
Whirlpool Corporation's Return on Assets (ROA) has shown fluctuating trends over the past five years, as indicated by the data provided. In December 2020, the ROA stood at 5.26%, showing a moderate return on its assets. Subsequently, in December 2021, there was a notable improvement with the ROA increasing to 8.79%, suggesting better efficiency in generating earnings from its assets.
However, the performance took a significant downturn in December 2022, with the ROA plummeting to -8.87%, indicating that the company's assets were not effectively utilized to generate profits and may have incurred losses during that period. The following year, in December 2023, there was a slight recovery as the ROA improved to 2.78%, but it remained below the levels seen in the previous years.
By December 2024, the ROA decreased again to -1.98%, suggesting ongoing challenges in effectively utilizing assets to generate profits. Overall, the fluctuating ROA trend indicates a need for Whirlpool Corporation to focus on improving asset efficiency and profitability in order to enhance its financial performance and shareholder value.
Peer comparison
Dec 31, 2024