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Whirlpool (Whirlpool) Net Income : $480 Mil (TTM As of Dec. 2023)


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What is Whirlpool Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Whirlpool's Net Income for the three months ended in Dec. 2023 was $491 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $480 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Whirlpool's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $8.75.


Whirlpool Net Income Historical Data

The historical data trend for Whirlpool's Net Income 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 Net Income Chart

Whirlpool Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,168.00 1,075.00 1,783.00 -1,519.00 481.00

Whirlpool Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income 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 -1,604.00 -179.00 85.00 83.00 491.00

Whirlpool Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

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

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=593+-77+0+-35
=481

Whirlpool's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=326+191+0+-26
=491

Net Income 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 $480 Mil.

* 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.


Whirlpool  (NYSE:WHR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Whirlpool's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Whirlpool Net Income Related Terms

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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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