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Whirlpool (Whirlpool) Gross Profit : $3,170 Mil (TTM As of Dec. 2023)


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What is Whirlpool Gross Profit?

Whirlpool's gross profit for the three months ended in Dec. 2023 was $792 Mil. Whirlpool's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $3,170 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Whirlpool's gross profit for the three months ended in Dec. 2023 was $792 Mil. Whirlpool's Revenue for the three months ended in Dec. 2023 was $5,088 Mil. Therefore, Whirlpool's Gross Margin % for the quarter that ended in Dec. 2023 was 15.57%.

Whirlpool had a gross margin of 15.57% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Whirlpool was 20.05%. The lowest was 15.58%. And the median was 17.14%.

Warning Sign:

Whirlpool Corp gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


Whirlpool Gross Profit Historical Data

The historical data trend for Whirlpool's Gross Profit 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 Gross Profit Chart

Whirlpool Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,511.00 3,842.00 4,409.00 3,073.00 3,170.00

Whirlpool Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 645.00 763.00 816.00 799.00 792.00

Competitive Comparison of Whirlpool's Gross Profit

For the Furnishings, Fixtures & Appliances subindustry, Whirlpool's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Whirlpool's Gross Profit falls into.



Whirlpool Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Whirlpool's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=19455 - 16285
=3,170

Whirlpool's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=5088 - 4296
=792

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,170 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Whirlpool's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=792 / 5088
=15.57 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Whirlpool  (NYSE:WHR) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Whirlpool had a gross margin of 15.57% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Whirlpool Gross Profit Related Terms

Thank you for viewing the detailed overview of Whirlpool's Gross Profit 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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