Whirlpool Corporation (WHR)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 2,683,000 | 2,362,000 | 2,336,000 | 4,846,000 | 3,885,000 |
| ROE | -12.04% | 20.36% | -65.03% | 36.79% | 27.67% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-323,000K ÷ $2,683,000K
= -12.04%
Whirlpool Corporation's return on equity (ROE) has shown fluctuations over the years based on the provided data.
- As of December 31, 2020, Whirlpool's ROE was 27.67%, indicating that for every dollar of shareholder equity, the company generated a profit of 27.67 cents.
- By December 31, 2021, the ROE had increased to 36.79%, signifying improved profitability relative to the previous year.
- However, there was a significant decline in ROE by December 31, 2022, dropping to -65.03%. This negative ROE suggests that the company experienced a loss exceeding its shareholder equity during that period.
- Whirlpool managed to rebound in profitability by December 31, 2023, with an ROE of 20.36%, but it was still below the levels of 2021.
- Unfortunately, by December 31, 2024, the ROE deteriorated further to -12.04%, indicating ongoing challenges in generating profits relative to shareholder equity.
Overall, Whirlpool Corporation's ROE has been volatile, with both positive and negative swings, highlighting the company's varying levels of profitability and efficiency in utilizing shareholder equity over the years.
Peer comparison
Dec 31, 2024