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Whirlpool (Whirlpool) ROE % : -43.94% (As of Mar. 2024)


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What is Whirlpool ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Whirlpool's annualized net income for the quarter that ended in Mar. 2024 was $-1,036 Mil. Whirlpool's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $2,358 Mil. Therefore, Whirlpool's annualized ROE % for the quarter that ended in Mar. 2024 was -43.94%.

The historical rank and industry rank for Whirlpool's ROE % or its related term are showing as below:

WHR' s ROE % Range Over the Past 10 Years
Min: -42.3   Med: 17.47   Max: 42.58
Current: 22.14

During the past 13 years, Whirlpool's highest ROE % was 42.58%. The lowest was -42.30%. And the median was 17.47%.

WHR's ROE % is ranked better than
89.61% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 6.475 vs WHR: 22.14

Whirlpool ROE % Historical Data

The historical data trend for Whirlpool's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Whirlpool ROE % Chart

Whirlpool Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.58 30.37 40.84 -42.30 20.48

Whirlpool Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -32.57 16.67 16.27 88.75 -43.94

Competitive Comparison of Whirlpool's ROE %

For the Furnishings, Fixtures & Appliances subindustry, Whirlpool's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Whirlpool's ROE % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Whirlpool's ROE % distribution charts can be found below:

* The bar in red indicates where Whirlpool's ROE % falls into.



Whirlpool ROE % Calculation

Whirlpool's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=481/( (2336+2362)/ 2 )
=481/2349
=20.48 %

Whirlpool's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-1036/( (2362+2354)/ 2 )
=-1036/2358
=-43.94 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Whirlpool  (NYSE:WHR) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-1036/2358
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1036 / 17960)*(17960 / 17341)*(17341 / 2358)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.77 %*1.0357*7.3541
=ROA %*Equity Multiplier
=-5.98 %*7.3541
=-43.94 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-1036/2358
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1036 / -708) * (-708 / 616) * (616 / 17960) * (17960 / 17341) * (17341 / 2358)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.4633 * -1.1494 * 3.43 % * 1.0357 * 7.3541
=-43.94 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Whirlpool ROE % Related Terms

Thank you for viewing the detailed overview of Whirlpool's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Whirlpool (Whirlpool) Business Description

Traded in Other Exchanges
Address
2000 North M-63, Benton Harbor, MI, USA, 49022-2692
Whirlpool Corp is a manufacturer and marketer of home appliances and related products. Its reportable segments consist of North America; Europe, the Middle East and Africa ("EMEA"); Latin America and Asia. Product categories include refrigeration, laundry, cooking, and dishwashing. The company has also a portfolio of small domestic appliances, including the KitchenAid stand mixer. The company's international brands include Whirlpool, KitchenAid, Maytag, Consul, and Brastemp among others.
Executives
Rudolph Wilson director 2000 N. M-63, BENTON HARBOR MI 49085
James W Peters officer: EXEC VICE PRESIDENT AND CFO 2000 M-63N, BENTON HARBOR MI 49022
Marc R Bitzer director, officer: CHIEF EXECUTIVE OFFICER 2000 M-63N, BENTON HARBOR MI 49022
Juan Carlos Puente officer: EVP & PRES. WHIRLPOOL LAR 2000 N. M-63, BENTON HARBOR MI 49022
Carey L Martin officer: EVP & Chief HR Officer 2000 N. M-63, BENTON HARBOR MI 49022
Ava Harter officer: EVP & Chief Legal Officer ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Christopher S Conley officer: Vice President and Controller 2000 N M-63, BENTON HARBOR MI 49022
Gary T Dicamillo director 888 WASHINGTON STREET, DEDHAM MA 02027
Everhart Carl E. Winn officer: EVP & PRESIDENT, NA 2000 N. M-63, BENTON HARBOR MI 49022
Joseph T. Liotine officer: EXEC VICE PRESIDENT & PRES NA 2000 M-63N, BENTON HARBOR MI 49022
Gilles Morel officer: EVP AND PRESIDENT, EMEA 2000 N-M63, BENTON HARBOR MI 49022
Shengpo Wu officer: PRESIDENT, ASIA ONE AMERICAN ROAD, DEARBORN MI 48126
Joao Carlos Brega officer: EXECUTIVE VICE PRESIDENT 2000 M-63N, BENTON HARBOR MI 49022
Jennifer A. Laclair director ALLY DETROIT CENTER, 500 WOODWARD AVENUE, DETROIT MI 48226
Greg Creed director 1441 GARDINER LANE, LOUISVILLE KY 40213

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