Whirlpool Corporation (WHR)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 4,758,000 | 6,382,000 | 6,313,000 | 6,674,000 | 6,414,000 | 6,341,000 | 6,393,000 | 7,382,000 | 7,363,000 | 4,722,000 | 4,831,000 | 4,631,000 | 4,929,000 | 4,961,000 | 5,001,000 | 4,982,000 | 5,059,000 | 4,965,000 | 4,886,000 | 4,662,000 |
| Total stockholders’ equity | US$ in thousands | 2,683,000 | 3,042,000 | 3,097,000 | 2,354,000 | 2,362,000 | 2,064,000 | 2,018,000 | 2,061,000 | 2,336,000 | 4,178,000 | 4,036,000 | 4,575,000 | 4,846,000 | 4,964,000 | 4,951,000 | 4,222,000 | 3,885,000 | 3,371,000 | 3,018,000 | 3,060,000 |
| Debt-to-equity ratio | 1.77 | 2.10 | 2.04 | 2.84 | 2.72 | 3.07 | 3.17 | 3.58 | 3.15 | 1.13 | 1.20 | 1.01 | 1.02 | 1.00 | 1.01 | 1.18 | 1.30 | 1.47 | 1.62 | 1.52 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $4,758,000K ÷ $2,683,000K
= 1.77
The debt-to-equity ratio of Whirlpool Corporation has shown fluctuations over the provided time period, ranging from a low of 1.00 to a high of 3.58.
Initially, the ratio increased from 1.52 as of March 31, 2020, to a peak of 3.58 as of March 31, 2023, reflecting a significant rise in debt relative to equity.
Subsequently, the ratio declined to 2.04 as of June 30, 2024. This reduction indicates a decrease in the company's reliance on debt financing compared to equity, potentially signaling improved financial stability and risk management.
Overall, the trend suggests that Whirlpool Corporation's debt-to-equity ratio has experienced fluctuations, with periods of both increasing and decreasing leverage levels over the analyzed time frame.
Peer comparison
Dec 31, 2024