Whirlpool (Whirlpool) Debt-to-Equity

: 3.32 (As of Dec. 2023)

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Whirlpool's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $817 Mil. Whirlpool's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7,026 Mil. Whirlpool's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,362 Mil. Whirlpool's debt to equity for the quarter that ended in Dec. 2023 was 3.32.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Whirlpool's Debt-to-Equity or its related term are showing as below:

WHR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.84 Med: 1.42 Max: 3.51
Current: 3.32

During the past 13 years, the highest Debt-to-Equity Ratio of Whirlpool was 3.51. The lowest was 0.84. And the median was 1.42.

WHR's Debt-to-Equity is ranked worse than
98.69% of 383 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs WHR: 3.32

Whirlpool Debt-to-Equity Historical Data

The historical data trend for Whirlpool's Debt-to-Equity 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.81

1.60

1.25

3.51

3.32

Whirlpool Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																3.51	4.02	4.12	4.00	3.32

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Whirlpool's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Whirlpool's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Whirlpool's Debt-to-Equity falls into.

Whirlpool Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Whirlpool's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(817	+	7026)	/	2362
	=	3.32

Whirlpool's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(817	+	7026)	/	2362
	=	3.32

Whirlpool (NYSE:WHR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Whirlpool Debt-to-Equity Related Terms

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

Whirlpool (Whirlpool) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Whirlpool Corp (NYSE:WHR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WHR:Germany WHR:Germany W1HR34:Brazil

Address

2000 North M-63, Benton Harbor, MI, USA, 49022-2692

Website

https://www.whirlpoolcorp.com

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