Whirlpool (WHR) Financials

$40.86 -4.10 (-9.11%)

As of 03:30 PM Eastern

Annual Income Statements for Whirlpool

This table shows Whirlpool's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	783	888	350	-183	1,168	1,075	1,783	-1,519	481	-323	318
Consolidated Net Income / (Loss)	822	928	337	-159	1,182	1,065	1,806	-1,511	488	-305	341
Net Income / (Loss) Continuing Operations	822	928	337	-159	1,182	1,065	1,806	-1,511	488	-305	340
Total Pre-Tax Income	1,031	1,114	887	-21	1,530	1,447	2,332	-1,227	593	-188	516
Total Operating Income	1,242	1,368	1,136	279	1,549	1,615	2,348	-1,056	1,015	143	838
Total Gross Profit	3,660	3,692	3,602	3,537	3,511	3,842	4,409	3,073	3,170	2,581	2,386
Total Revenue	20,891	20,718	21,253	21,037	20,419	19,456	21,985	19,724	19,455	16,607	15,524
Operating Revenue	20,891	20,718	21,253	21,037	20,419	19,456	21,985	19,724	19,455	16,607	15,524
Total Cost of Revenue	17,231	17,026	17,651	17,500	16,908	15,614	17,576	16,651	16,285	14,026	13,138
Operating Cost of Revenue	17,231	17,026	17,651	17,500	16,908	15,614	17,576	16,651	16,285	14,026	13,138
Total Operating Expenses	2,418	2,324	2,466	3,258	1,962	2,227	2,061	4,129	2,155	2,439	1,548
Selling, General & Admin Expense	2,143	2,080	2,112	2,189	2,142	1,877	2,081	1,820	1,993	1,684	1,633
Amortization Expense	74	71	79	75	69	62	47	35	40	31	26
Other Operating Expenses / (Income)	-	-	0.00	0.00	-437	-7.00	-105	1,869	106	264	-280
Impairment Charge	-	0.00	0.00	747	0.00	7.00	0.00	384	0.00	381	106
Restructuring Charge	201	173	275	247	188	288	38	21	16	79	63
Total Other Income / (Expense), net	-211	-254	-249	-300	-19	-168	-16	-171	-422	-331	-321
Interest Expense	165	161	162	192	187	189	175	190	351	358	341
Other Income / (Expense), net	-46	-93	-87	-108	168	21	159	19	-71	27	20
Income Tax Expense	209	186	550	138	348	382	518	265	77	10	142
Other Gains / (Losses), net	-	-	-	-	-	0.00	-8.00	-19	-28	-107	-34
Net Income / (Loss) Attributable to Noncontrolling Interest	39	40	-13	24	14	-10	23	8.00	7.00	18	23
Basic Earnings per Share	$9.95	$11.67	$4.78	($2.72)	$18.34	$17.15	$28.73	($27.18)	$8.76	($5.87)	$5.68
Weighted Average Basic Shares Outstanding	78.70M	76.10M	73.30M	67.20M	63.70M	62.70M	62.10M	55.90M	55M	55.10M	56M
Diluted Earnings per Share	$9.83	$11.50	$4.70	($2.72)	$18.19	$16.98	$28.36	($27.18)	$8.72	($5.87)	$5.66
Weighted Average Diluted Shares Outstanding	79.70M	77.20M	74.40M	67.20M	64.20M	63.30M	62.90M	55.90M	55.20M	55.10M	56.20M
Weighted Average Basic & Diluted Shares Outstanding	-	74.47M	73.20M	67.30M	62.78M	62.98M	58.61M	54.50M	54.64M	55.38M	56.52M
Cash Dividends to Common per Share	$3.45	$3.90	$4.30	$4.55	$4.75	$4.85	$5.45	$7.00	$7.00	$7.00	$5.30

This table shows Whirlpool's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	83	492	-259	219	109	-392	71	65	73	109	-82
Consolidated Net Income / (Loss)	85	492	-253	225	114	-391	79	75	76	111	-82
Net Income / (Loss) Continuing Operations	85	492	-253	225	114	-391	79	74	76	111	-82
Total Pre-Tax Income	172	326	-177	30	179	-220	139	121	120	136	-51
Total Operating Income	257	412	-116	130	265	-136	184	204	206	244	18
Total Gross Profit	799	792	642	626	643	670	607	610	594	575	415
Total Revenue	4,926	5,088	4,490	3,989	3,993	4,135	3,621	3,773	4,033	4,097	3,273
Operating Revenue	4,926	5,088	4,490	3,989	3,993	4,135	3,621	3,773	4,033	4,097	3,273
Total Cost of Revenue	4,127	4,296	3,848	3,363	3,350	3,465	3,014	3,162	3,439	3,523	2,858
Operating Cost of Revenue	4,127	4,296	3,848	3,363	3,350	3,465	3,014	3,162	3,439	3,523	2,858
Total Operating Expenses	542	380	758	496	378	807	423	406	388	331	397
Selling, General & Admin Expense	473	557	477	394	395	418	406	397	405	425	359
Amortization Expense	18	1.00	11	7.00	7.00	6.00	7.00	7.00	7.00	5.00	6.00
Restructuring Charge	5.00	2.00	23	50	8.00	-2.00	10	2.00	6.00	45	32
Total Other Income / (Expense), net	-85	-86	-61	-100	-86	-84	-45	-82	-87	-107	-69
Interest Expense	95	92	90	93	92	83	77	86	92	86	77
Other Income / (Expense), net	10	6.00	29	-7.00	6.00	-1.00	32	4.00	5.00	-21	8.00
Income Tax Expense	86	-191	76	-206	45	95	43	29	33	37	14
Other Gains / (Losses), net	-1.00	-25	0.00	-11	-20	-76	-17	-18	-11	12	-17
Net Income / (Loss) Attributable to Noncontrolling Interest	2.00	-	6.00	6.00	5.00	1.00	7.00	9.00	3.00	4.00	0.00
Basic Earnings per Share	$1.53	$8.94	($4.72)	$3.96	$2.01	($7.12)	$1.29	$1.17	$1.30	$1.92	($1.43)
Weighted Average Basic Shares Outstanding	55M	55M	54.90M	54.90M	55.20M	55.10M	55.60M	55.90M	56.10M	56M	59.60M
Diluted Earnings per Share	$1.53	$8.91	($4.72)	$3.96	$2.00	($7.11)	$1.28	$1.17	$1.29	$1.92	($1.43)
Weighted Average Diluted Shares Outstanding	55.30M	55.20M	54.90M	55M	55.20M	55.10M	55.80M	56.10M	56.50M	56.20M	59.60M
Weighted Average Basic & Diluted Shares Outstanding	54.85M	54.64M	54.64M	54.89M	55.14M	55.38M	55.61M	55.89M	56.15M	56.52M	64.82M
Cash Dividends to Common per Share	$1.75	-	$1.75	$1.75	$1.75	-	$1.75	$1.75	$0.90	-	$0.90

This table details how cash moves in and out of Whirlpool's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-254	277	-10	312	414	982	110	-1,086	-388	-391	-606
Net Cash From Operating Activities	1,225	1,203	1,264	1,229	1,230	1,500	2,176	1,390	915	835	470
Net Cash From Continuing Operating Activities	1,225	1,203	1,264	1,229	1,230	1,500	2,176	1,296	912	835	471
Net Income / (Loss) Continuing Operations	822	928	337	-159	1,182	1,065	1,806	-1,511	488	-305	341
Consolidated Net Income / (Loss)	822	928	337	-159	1,182	1,065	1,806	-1,511	488	-305	341
Depreciation Expense	668	655	654	645	587	568	494	475	361	333	338
Non-Cash Adjustments To Reconcile Net Income	-63	0.00	0.00	313	-437	0.00	-147	2,272	168	843	34
Changes in Operating Assets and Liabilities, net	-202	-380	273	430	-102	-133	23	60	-105	-36	-242
Net Cash From Investing Activities	-681	-612	-721	-399	636	-237	-660	-3,568	-553	-602	-504
Net Cash From Continuing Investing Activities	-681	-612	-721	-399	636	-237	-660	-3,568	-553	-602	-505
Purchase of Property, Plant & Equipment	-689	-660	-684	-590	-532	-410	-525	-570	-549	-451	-389
Acquisitions	-70	-12	-35	-25	0.00	0.00	-439	-3,075	-14	-245	-327
Sale of Property, Plant & Equipment	37	-	61	160	-	-	-	-	10	-	198
Sale and/or Maturity of Investments	0.00	0.00	113	60	-	-	-	-	0.00	0.00	13
Other Investing Activities, net	41	-3.00	-3.00	-4.00	-6.00	7.00	2.00	0.00	0.00	-1.00	0.00
Net Cash From Financing Activities	-707	-278	-553	-518	-1,424	-253	-1,339	1,206	-792	-476	-621
Net Cash From Continuing Financing Activities	-707	-278	-553	-518	-1,424	-253	-1,339	1,206	-792	-476	-620
Repayment of Debt	-292	-472	-578	-393	-1,679	-898	-336	-304	-716	-804	-1,520
Repurchase of Common Equity	-250	-525	-750	-1,153	-148	-121	-1,041	-903	0.00	-50	0.00
Payment of Dividends	-269	-319	-317	-347	-305	-311	-338	-390	-384	78	-300
Issuance of Debt	66	1,012	1,058	1,358	700	1,033	300	2,800	304	300	1,200
Issuance of Common Equity	38	26	34	17	8.00	44	76	3.00	4.00	0.00	0.00
Effect of Exchange Rate Changes	-91	-36	-	-	-28	-28	-67	-20	45	-149	49
Cash Interest Paid	178	198	181	183	194	193	169	161	370	352	350
Cash Income Taxes Paid	251	300	311	206	469	229	388	247	175	181	136

This table details how cash moves in and out of Whirlpool's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-186	447	-339	-149	-95	192	-251	44	-134	-265	-43
Net Cash From Operating Activities	48	1,237	-873	388	214	1,106	-721	19	33	1,139	-827
Net Cash From Continuing Operating Activities	55	1,229	-1,022	388	214	1,106	-721	19	33	1,140	-827
Net Income / (Loss) Continuing Operations	85	492	-253	224	114	-390	79	74	76	112	-82
Consolidated Net Income / (Loss)	85	492	-253	224	114	-390	79	74	76	112	-82
Depreciation Expense	84	99	89	81	79	84	83	80	83	92	99
Non-Cash Adjustments To Reconcile Net Income	46	-152	260	45	-32	492	75	46	8.00	-95	46
Changes in Operating Assets and Liabilities, net	-160	790	-1,118	38	53	920	-958	-181	-134	1,031	-890
Net Cash From Investing Activities	-121	-210	-115	-317	-34	-136	-72	-82	-85	-265	-225
Net Cash From Continuing Investing Activities	-121	-210	-115	-317	-34	-136	-72	-82	-85	-266	-225
Purchase of Property, Plant & Equipment	-121	-211	-115	-113	-87	-136	-72	-82	-85	-150	-68
Other Investing Activities, net	-	-	-	-	-	-	0.00	-	-	-	-157
Net Cash From Financing Activities	-93	-589	818	-317	-279	-698	503	80	-80	-1,124	985
Net Cash From Continuing Financing Activities	-93	-589	818	-317	-279	-698	503	80	-79	-1,124	985
Repayment of Debt	3.00	-495	201	-221	-183	-601	600	-1,023	-25	-1,072	2.00
Payment of Dividends	-97	-94	-95	-96	-96	-97	-97	-97	-54	-52	-58
Issuance of Debt	1.00	-	300	-	-	-	-	1,200	-	-	-40
Issuance of Preferred Equity	-	-	-	-	-	-	0.00	-	-	-	557
Issuance of Common Equity	-	-	462	-	-	-	0.00	-	-	-	524
Other Net Changes in Cash	-	-	-	-	-	-	-	-	-	-	24

This table presents Whirlpool's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	19,010	19,153	20,038	18,347	18,881	20,436	20,285	17,124	17,312	16,301	16,001
Total Current Assets	6,874	7,339	7,930	7,898	7,398	9,129	9,695	6,394	6,207	5,239	4,924
Cash & Equivalents	772	1,085	1,196	1,498	1,952	2,924	3,044	1,958	1,570	1,275	669
Accounts Receivable	2,530	2,711	2,665	2,210	2,198	3,109	3,100	1,555	1,529	1,317	1,276
Inventories, net	2,619	2,623	2,988	2,533	2,438	2,301	2,717	2,089	2,247	2,035	2,307
Prepaid Expenses	953	920	1,081	839	810	795	834	653	717	612	654
Other Current Nonoperating Assets	-	-	0.00	818	-	-	0.00	139	144	0.00	17
Plant, Property, & Equipment, net	3,774	3,810	4,033	3,414	3,301	3,199	2,805	2,102	2,234	2,275	2,194
Total Noncurrent Assets	8,362	8,004	8,075	7,035	8,182	8,108	7,785	8,628	8,871	8,787	8,882
Long-Term Investments	-	-	-	-	-	-	-	-	-	279	827
Goodwill	3,006	2,956	3,118	2,451	2,440	2,496	2,485	3,314	3,330	3,322	3,103
Intangible Assets	2,678	2,552	2,591	2,296	2,225	2,194	1,981	3,164	3,124	2,717	2,563
Noncurrent Deferred & Refundable Income Taxes	2,301	2,154	2,013	1,989	2,238	2,189	1,920	1,063	1,317	1,433	1,327
Other Noncurrent Operating Assets	377	342	353	299	1,279	1,229	1,399	1,087	1,100	1,036	1,062
Total Liabilities & Shareholders' Equity	19,010	19,153	20,038	18,347	18,881	20,436	20,285	17,124	17,312	16,301	16,001
Total Liabilities	13,336	13,425	14,910	15,142	14,763	15,641	15,272	14,618	14,775	13,368	13,286
Total Current Liabilities	7,744	7,662	8,505	9,678	8,369	8,330	8,510	5,931	6,948	7,323	6,513
Short-Term Debt	528	594	826	1,981	853	310	308	252	817	1,868	937
Accounts Payable	4,403	4,416	4,797	4,487	4,547	4,834	5,413	3,376	3,598	3,530	3,704
Accrued Expenses	1,381	1,391	1,527	1,517	1,601	1,468	1,463	1,104	1,094	1,137	1,203
Current Employee Benefit Liabilities	452	390	414	393	450	648	576	159	238	228	208
Other Current Liabilities	980	871	941	811	918	1,070	750	550	614	560	460
Total Noncurrent Liabilities	5,592	5,763	6,405	5,464	6,394	7,311	6,762	8,687	7,827	6,045	6,773
Long-Term Debt	3,470	3,876	4,392	4,046	4,140	5,059	4,929	7,363	6,414	4,758	5,583
Noncurrent Employee Benefit Liabilities	1,415	1,408	1,381	955	864	682	520	280	254	218	156
Other Noncurrent Operating Liabilities	707	479	632	463	1,390	1,570	1,313	1,044	1,159	1,069	1,034
Total Equity & Noncontrolling Interests	5,674	5,728	5,128	3,205	4,118	4,795	5,013	2,506	2,537	2,933	2,715
Total Preferred & Common Equity	4,743	4,773	4,198	2,291	3,195	3,885	4,846	2,336	2,362	2,683	2,726
Preferred Stock	-	-	-	-	-	-	-	-	-	-	0.00
Total Common Equity	4,743	4,773	4,198	2,291	3,195	3,885	4,846	2,336	2,362	2,683	2,726
Common Stock	2,752	2,783	2,851	2,880	2,918	3,036	3,139	3,175	3,192	3,526	3,550
Retained Earnings	6,722	7,314	7,352	6,933	7,870	8,725	10,170	8,261	8,358	1,311	1,330
Treasury Stock	-2,399	-2,924	-3,674	-4,827	-4,975	-5,065	-6,106	-7,010	-7,010	-609	-530
Accumulated Other Comprehensive Income / (Loss)	-2,332	-2,400	-2,331	-2,695	-2,618	-2,811	-2,357	-2,090	-2,178	-1,545	-1,624
Noncontrolling Interest	931	955	930	914	923	910	167	170	175	250	-11

This table presents Whirlpool's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	17,511	16,864	16,981	16,889	17,370	17,343	17,160	16,514	16,759	16,893	16,177
Total Current Assets	7,919	6,095	6,194	6,112	6,192	5,860	5,582	5,408	5,627	5,794	4,969
Cash & Equivalents	1,794	1,359	1,309	1,123	1,231	1,179	1,084	1,024	1,068	934	626
Accounts Receivable	2,410	1,612	1,679	1,841	1,707	1,595	1,644	1,416	1,379	1,598	1,158
Inventories, net	2,884	2,351	2,484	2,388	2,381	2,309	2,277	2,391	2,600	2,593	2,241
Prepaid Expenses	831	630	578	620	646	777	577	577	581	669	928
Other Current Nonoperating Assets	-	143	144	140	227	0.00	0.00	-	-	-	17
Plant, Property, & Equipment, net	2,569	2,104	2,134	2,150	2,240	2,254	2,254	2,283	2,300	2,309	2,336
Total Noncurrent Assets	7,023	8,665	8,653	8,627	8,938	9,229	9,324	8,823	8,831	8,789	8,872
Long-Term Investments	-	-	-	-	-	-	-	-	-	-	813
Goodwill	2,177	3,328	3,331	3,329	3,328	3,328	3,328	3,323	3,325	3,321	3,103
Intangible Assets	1,800	3,154	3,144	3,134	3,115	3,110	3,104	2,711	2,705	2,698	2,557
Noncurrent Deferred & Refundable Income Taxes	1,741	1,096	1,094	1,072	1,283	1,376	1,503	1,440	1,486	1,475	1,338
Other Noncurrent Operating Assets	1,305	1,087	1,084	1,092	1,212	1,415	1,389	1,349	1,315	1,295	1,061
Total Liabilities & Shareholders' Equity	17,511	16,864	16,981	16,889	17,370	17,343	17,160	16,514	16,759	16,893	16,177
Total Liabilities	13,160	14,630	14,788	14,649	14,760	13,984	13,867	13,685	14,176	14,250	12,404
Total Current Liabilities	6,809	5,982	7,087	7,023	6,550	6,129	5,969	7,534	6,641	6,768	5,659
Short-Term Debt	256	309	1,327	1,323	1,000	1,128	959	2,469	1,458	1,425	889
Accounts Payable	4,445	3,467	3,520	3,433	3,404	3,420	3,456	3,510	3,520	3,617	3,252
Accrued Expenses	1,272	963	901	904	905	928	955	809	820	902	802
Current Employee Benefit Liabilities	240	151	211	224	152	172	189	188	211	205	172
Other Current Liabilities	596	631	660	661	512	481	410	558	631	619	543
Total Noncurrent Liabilities	6,351	8,648	7,701	7,626	8,210	7,855	7,898	6,151	7,535	7,482	6,745
Long-Term Debt	4,722	7,382	6,393	6,341	6,674	6,313	6,382	4,833	6,172	6,165	5,564
Noncurrent Employee Benefit Liabilities	405	249	240	229	241	223	209	210	207	202	152
Other Noncurrent Operating Liabilities	1,224	1,017	1,068	1,056	1,295	1,319	1,307	1,108	1,156	1,115	1,029
Total Equity & Noncontrolling Interests	4,351	2,234	2,193	2,240	2,610	3,359	3,293	2,829	2,583	2,644	3,772
Total Preferred & Common Equity	4,178	2,061	2,018	2,064	2,354	3,097	3,042	2,572	2,320	2,380	3,783
Preferred Stock	-	-	-	-	-	-	-	-	-	-	1.00
Total Common Equity	4,178	2,061	2,018	2,064	2,354	3,097	3,042	2,572	2,320	2,380	3,783
Common Stock	3,167	3,178	3,184	3,188	3,562	3,570	3,568	3,530	3,538	3,544	4,631
Retained Earnings	9,960	7,985	7,974	7,961	8,004	8,127	8,140	1,285	1,253	1,272	1,187
Treasury Stock	-7,010	-7,011	-7,010	-7,010	-7,055	-7,037	-7,014	-586	-568	-547	-510
Accumulated Other Comprehensive Income / (Loss)	-1,939	-2,091	-2,130	-2,075	-2,157	-1,563	-1,652	-1,657	-1,904	-1,888	-1,525
Noncontrolling Interest	173	173	175	176	256	262	251	257	264	263	-11

This table displays calculated financial ratios and metrics derived from Whirlpool's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	5.13%	-0.83%	2.58%	-1.02%	-2.94%	-4.72%	13.00%	-10.28%	-1.36%	-14.64%	-6.52%
EBITDA Growth	16.06%	3.54%	-11.76%	-52.08%	182.35%	-4.34%	36.16%	-118.73%	332.21%	-61.46%	137.77%
EBIT Growth	14.34%	6.61%	-17.73%	-83.70%	904.09%	-4.72%	53.24%	-141.36%	191.03%	-81.99%	404.71%
NOPAT Growth	6.12%	15.08%	-62.13%	-54.75%	512.74%	-0.67%	53.66%	-140.47%	219.48%	-88.67%	506.78%
Net Income Growth	18.79%	12.90%	-63.69%	-147.18%	843.40%	-9.90%	69.58%	-183.67%	132.30%	-162.50%	211.80%
EPS Growth	20.32%	16.99%	-59.13%	-157.87%	768.75%	-6.65%	67.02%	-195.84%	132.08%	-167.32%	196.42%
Operating Cash Flow Growth	-17.17%	-1.80%	5.07%	-2.77%	0.08%	21.95%	45.07%	-36.12%	-34.17%	-8.74%	-43.71%
Free Cash Flow Firm Growth	158.41%	-23.25%	-57.41%	391.71%	-25.65%	-23.22%	67.96%	-210.04%	136.94%	-39.55%	21.10%
Invested Capital Growth	-2.38%	2.39%	0.41%	-19.07%	-3.32%	1.13%	-0.47%	18.15%	1.49%	-4.13%	-3.55%
Revenue Q/Q Growth	-2.08%	0.47%	0.22%	-0.20%	-1.34%	2.18%	0.08%	-4.33%	0.86%	-5.43%	-0.24%
EBITDA Q/Q Growth	6.58%	0.78%	-5.23%	5.84%	1.36%	19.72%	-6.97%	-140.29%	342.12%	-53.12%	44.44%
EBIT Q/Q Growth	9.72%	2.25%	-8.86%	51.33%	2.45%	27.51%	-6.94%	-210.91%	201.29%	-76.55%	72.29%
NOPAT Q/Q Growth	3.66%	-2.36%	-55.76%	17.72%	12.40%	20.91%	-11.14%	-260.14%	252.20%	-91.82%	630.47%
Net Income Q/Q Growth	10.93%	-0.32%	-57.61%	73.54%	9.44%	27.70%	-10.10%	-484.48%	130.35%	-152.77%	311.80%
EPS Q/Q Growth	14.84%	0.35%	-55.58%	68.11%	12.42%	26.91%	-9.51%	-538.39%	130.40%	-157.83%	267.95%
Operating Cash Flow Q/Q Growth	-15.52%	-0.33%	-6.02%	80.21%	-3.76%	-31.91%	-8.84%	16.61%	20.71%	-13.56%	7.55%
Free Cash Flow Firm Q/Q Growth	181.86%	25.36%	-57.32%	36.17%	-12.01%	-37.88%	-18.34%	-553.34%	134.94%	-42.34%	548.28%
Invested Capital Q/Q Growth	-10.13%	-11.79%	-11.87%	-18.83%	-16.25%	-6.56%	-4.24%	12.99%	-5.24%	-13.26%	-16.96%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	17.52%	17.82%	16.95%	16.81%	17.19%	19.75%	20.05%	15.58%	16.29%	15.54%	15.37%
EBITDA Margin	8.92%	9.32%	8.01%	3.88%	11.28%	11.33%	13.65%	-2.85%	6.71%	3.03%	7.70%
Operating Margin	5.95%	6.60%	5.35%	1.33%	7.59%	8.30%	10.68%	-5.35%	5.22%	0.86%	5.40%
EBIT Margin	5.73%	6.15%	4.94%	0.81%	8.41%	8.41%	11.40%	-5.26%	4.85%	1.02%	5.53%
Profit (Net Income) Margin	3.93%	4.48%	1.59%	-0.76%	5.79%	5.47%	8.21%	-7.66%	2.51%	-1.84%	2.20%
Tax Burden Percent	79.73%	83.30%	37.99%	757.14%	77.25%	73.60%	77.44%	123.15%	82.29%	162.23%	66.09%
Interest Burden Percent	86.20%	87.37%	84.56%	-12.28%	89.11%	88.45%	93.02%	118.32%	62.82%	-110.59%	60.14%
Effective Tax Rate	20.27%	16.70%	62.01%	0.00%	22.75%	26.40%	22.21%	0.00%	12.98%	0.00%	27.52%
Return on Invested Capital (ROIC)	10.99%	12.65%	4.73%	2.36%	16.43%	16.51%	25.29%	-9.40%	10.30%	1.18%	7.72%
ROIC Less NNEP Spread (ROIC-NNEP)	5.85%	6.25%	2.17%	-6.26%	16.03%	12.00%	24.40%	-28.23%	3.77%	-5.89%	2.44%
Return on Net Nonoperating Assets (RNNOA)	3.34%	3.62%	1.48%	-6.18%	15.85%	7.39%	11.54%	-30.79%	9.06%	-12.33%	4.35%
Return on Equity (ROE)	14.33%	16.28%	6.21%	-3.82%	32.28%	23.90%	36.83%	-40.19%	19.35%	-11.15%	12.08%
Cash Return on Invested Capital (CROIC)	13.40%	10.29%	4.32%	23.44%	19.81%	15.39%	25.76%	-26.05%	8.82%	5.40%	11.34%
Operating Return on Assets (OROA)	6.13%	6.68%	5.35%	0.89%	9.22%	8.32%	12.31%	-5.54%	5.48%	1.01%	5.31%
Return on Assets (ROA)	4.21%	4.86%	1.72%	-0.83%	6.35%	5.42%	8.87%	-8.08%	2.83%	-1.81%	2.11%
Return on Common Equity (ROCE)	12.03%	13.59%	5.13%	-2.97%	24.18%	18.98%	32.78%	-38.39%	18.03%	-10.29%	11.56%
Return on Equity Simple (ROE_SIMPLE)	17.33%	19.44%	8.03%	-6.94%	37.00%	27.41%	37.27%	-64.68%	20.66%	-11.37%	0.00%
Net Operating Profit after Tax (NOPAT)	990	1,140	432	195	1,197	1,189	1,826	-739	883	100	607
NOPAT Margin	4.74%	5.50%	2.03%	0.93%	5.86%	6.11%	8.31%	-3.75%	4.54%	0.60%	3.91%
Net Nonoperating Expense Percent (NNEP)	5.14%	6.40%	2.55%	8.62%	0.41%	4.51%	0.88%	18.82%	6.53%	7.07%	5.29%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-7.30%	9.04%	1.05%	6.58%
Cost of Revenue to Revenue	82.48%	82.18%	83.05%	83.19%	82.81%	80.25%	79.95%	84.42%	83.71%	84.46%	84.63%
SG&A Expenses to Revenue	10.26%	10.04%	9.94%	10.41%	10.49%	9.65%	9.47%	9.23%	10.24%	10.14%	10.52%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	11.57%	11.22%	11.60%	15.49%	9.61%	11.45%	9.37%	20.93%	11.08%	14.69%	9.97%
Earnings before Interest and Taxes (EBIT)	1,196	1,275	1,049	171	1,717	1,636	2,507	-1,037	944	170	858
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,864	1,930	1,703	816	2,304	2,204	3,001	-562	1,305	503	1,196
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.79	2.16	2.23	2.38	2.41	2.49	2.58	2.92	2.64	2.35	1.49
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	32.90	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.41	0.50	0.44	0.26	0.38	0.50	0.57	0.35	0.32	0.38	0.26
Price to Earnings (P/E)	10.81	11.60	26.79	0.00	6.61	8.99	7.01	0.00	12.98	0.00	12.74
Dividend Yield	3.19%	2.84%	3.30%	5.32%	3.89%	3.14%	2.65%	5.59%	6.15%	6.11%	7.35%
Earnings Yield	9.25%	8.62%	3.73%	0.00%	15.14%	11.13%	14.26%	0.00%	7.71%	0.00%	7.85%
Enterprise Value to Invested Capital (EV/IC)	1.42	1.61	1.57	1.47	1.63	1.80	2.06	1.49	1.40	1.44	1.17
Enterprise Value to Revenue (EV/Rev)	0.60	0.71	0.67	0.52	0.57	0.67	0.68	0.64	0.62	0.72	0.58
Enterprise Value to EBITDA (EV/EBITDA)	6.77	7.59	8.41	13.35	5.07	5.91	4.95	0.00	9.26	23.68	7.58
Enterprise Value to EBIT (EV/EBIT)	10.56	11.48	13.66	63.72	6.80	7.96	5.93	0.00	12.79	70.08	10.56
Enterprise Value to NOPAT (EV/NOPAT)	12.75	12.85	33.20	55.79	9.76	10.95	8.14	0.00	13.68	119.01	14.92
Enterprise Value to Operating Cash Flow (EV/OCF)	10.31	12.17	11.34	8.87	9.50	8.68	6.83	9.10	13.20	14.27	19.28
Enterprise Value to Free Cash Flow (EV/FCFF)	10.46	15.80	36.31	5.62	8.10	11.75	7.99	0.00	15.97	26.06	10.17
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.70	0.78	1.02	1.88	1.21	1.12	1.04	3.04	2.85	2.26	2.40
Long-Term Debt to Equity	0.61	0.68	0.86	1.26	1.01	1.06	0.98	2.94	2.53	1.62	2.06
Financial Leverage	0.57	0.58	0.68	0.99	0.99	0.62	0.47	1.09	2.40	2.09	1.78
Leverage Ratio	3.40	3.35	3.61	4.61	5.08	4.41	4.15	4.98	6.83	6.15	5.72
Compound Leverage Factor	2.93	2.92	3.05	-0.57	4.53	3.90	3.86	5.89	4.29	-6.80	3.44
Debt to Total Capital	41.34%	43.83%	50.44%	65.28%	54.80%	52.82%	51.09%	75.24%	74.03%	69.32%	70.60%
Short-Term Debt to Total Capital	5.46%	5.82%	7.98%	21.46%	9.36%	3.05%	3.00%	2.49%	8.36%	19.54%	10.15%
Long-Term Debt to Total Capital	35.88%	38.01%	42.45%	43.83%	45.44%	49.77%	48.09%	72.75%	65.66%	49.78%	60.45%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	9.63%	9.36%	8.99%	9.90%	10.13%	8.95%	1.63%	1.68%	1.79%	2.62%	-0.12%
Common Equity to Total Capital	49.04%	46.80%	40.58%	24.82%	35.07%	38.22%	47.28%	23.08%	24.18%	28.07%	29.52%
Debt to EBITDA	2.14	2.32	3.06	7.39	2.17	2.44	1.75	-13.55	5.54	13.17	5.45
Net Debt to EBITDA	1.73	1.75	2.36	5.55	1.32	1.11	0.73	-10.07	4.34	10.64	4.20
Long-Term Debt to EBITDA	1.86	2.01	2.58	4.96	1.80	2.30	1.64	-13.10	4.91	9.46	4.67
Debt to NOPAT	4.04	3.92	12.09	30.86	4.17	4.52	2.87	-10.30	8.19	66.19	10.73
Net Debt to NOPAT	3.26	2.97	9.32	23.19	2.54	2.06	1.20	-7.65	6.41	53.46	8.27
Long-Term Debt to NOPAT	3.50	3.40	10.18	20.72	3.46	4.26	2.70	-9.96	7.26	47.53	9.19
Altman Z-Score	2.13	2.28	2.09	1.81	2.22	2.23	2.75	1.94	2.18	1.30	1.33
Noncontrolling Interest Sharing Ratio	16.06%	16.54%	17.36%	22.13%	25.09%	20.57%	10.98%	4.48%	6.84%	7.77%	4.23%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.89	0.96	0.93	0.82	0.88	1.10	1.14	1.08	0.89	0.72	0.76
Quick Ratio	0.43	0.50	0.45	0.38	0.50	0.72	0.72	0.59	0.45	0.35	0.30
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,207	927	395	1,940	1,443	1,108	1,860	-2,047	756	457	891
Operating Cash Flow to CapEx	187.88%	182.27%	202.89%	285.81%	231.20%	365.85%	414.48%	243.86%	169.76%	234.55%	246.07%
Free Cash Flow to Firm to Interest Expense	7.32	5.76	2.44	10.11	7.71	5.86	10.63	-10.77	2.15	1.28	2.61
Operating Cash Flow to Interest Expense	7.42	7.47	7.80	6.40	6.58	7.94	12.43	7.32	2.61	2.33	1.38
Operating Cash Flow Less CapEx to Interest Expense	3.47	3.37	3.96	4.16	3.73	5.77	9.43	4.32	1.07	1.34	0.82
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.07	1.09	1.08	1.10	1.10	0.99	1.08	1.05	1.13	0.99	0.96
Accounts Receivable Turnover	7.89	7.91	7.91	8.63	9.26	7.33	7.08	8.47	12.62	11.67	11.97
Inventory Turnover	6.43	6.50	6.29	6.34	6.80	6.59	7.01	6.93	7.51	6.55	6.05
Fixed Asset Turnover	5.39	5.46	5.42	5.65	6.08	5.99	7.32	8.04	8.97	7.37	6.95
Accounts Payable Turnover	3.77	3.86	3.83	3.77	3.74	3.33	3.43	3.79	4.67	3.94	3.63
Days Sales Outstanding (DSO)	46.28	46.17	46.16	42.29	39.40	49.78	51.54	43.07	28.93	31.28	30.48
Days Inventory Outstanding (DIO)	56.76	56.19	58.01	57.58	53.66	55.39	52.10	52.68	48.59	55.72	60.31
Days Payable Outstanding (DPO)	96.73	94.53	95.26	96.82	97.51	109.65	106.40	96.33	78.16	92.75	100.49
Cash Conversion Cycle (CCC)	6.31	7.83	8.92	3.05	-4.46	-4.48	-2.75	-0.58	-0.63	-5.76	-9.69
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	8,900	9,113	9,150	7,405	7,159	7,240	7,206	8,514	8,641	8,284	7,721
Invested Capital Turnover	2.32	2.30	2.33	2.54	2.80	2.70	3.04	2.51	2.27	1.96	1.97
Increase / (Decrease) in Invested Capital	-217	213	37	-1,745	-246	81	-34	1,308	127	-357	-284
Enterprise Value (EV)	12,624	14,643	14,328	10,896	11,679	13,015	14,861	12,646	12,078	11,913	9,064
Market Capitalization	8,467	10,303	9,376	5,453	7,715	9,660	12,501	6,819	6,242	6,312	4,051
Book Value per Share	$60.66	$63.55	$58.42	$35.90	$50.55	$62.11	$79.78	$42.88	$43.06	$48.66	$48.55
Tangible Book Value per Share	($12.03)	($9.79)	($21.03)	($38.49)	($23.26)	($12.87)	$6.26	($76.03)	($74.60)	($60.86)	($52.36)
Total Capital	9,672	10,198	10,346	9,232	9,111	10,164	10,250	10,121	9,768	9,559	9,235
Total Debt	3,998	4,470	5,218	6,027	4,993	5,369	5,237	7,615	7,231	6,626	6,520
Total Long-Term Debt	3,470	3,876	4,392	4,046	4,140	5,059	4,929	7,363	6,414	4,758	5,583
Net Debt	3,226	3,385	4,022	4,529	3,041	2,445	2,193	5,657	5,661	5,351	5,024
Capital Expenditures (CapEx)	652	660	623	430	532	410	525	570	539	356	191
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,114	-814	-945	-1,297	-2,070	-1,815	-1,551	-1,243	-1,494	-1,491	-1,321
Debt-free Net Working Capital (DFNWC)	-342	271	251	201	-118	1,109	1,493	715	76	-216	-652
Net Working Capital (NWC)	-870	-323	-575	-1,780	-971	799	1,185	463	-741	-2,084	-1,589
Net Nonoperating Expense (NNE)	168	212	95	354	15	124	20	772	395	405	266
Net Nonoperating Obligations (NNO)	3,226	3,385	4,022	4,200	3,041	2,445	2,193	6,008	6,104	5,351	5,006
Total Depreciation and Amortization (D&A)	668	655	654	645	587	568	494	475	361	333	338
Debt-free, Cash-free Net Working Capital to Revenue	-5.33%	-3.93%	-4.45%	-6.17%	-10.14%	-9.33%	-7.05%	-6.30%	-7.68%	-8.98%	-8.51%
Debt-free Net Working Capital to Revenue	-1.64%	1.31%	1.18%	0.96%	-0.58%	5.70%	6.79%	3.63%	0.39%	-1.30%	-4.20%
Net Working Capital to Revenue	-4.16%	-1.56%	-2.71%	-8.46%	-4.76%	4.11%	5.39%	2.35%	-3.81%	-12.55%	-10.24%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$18.60	$17.24	$28.73	($27.18)	$8.76	($5.87)	$5.68
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	0.00	0.00	63.70M	62.70M	62.10M	55.90M	55M	55.10M	56M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$18.45	$17.07	$28.36	($27.18)	$8.72	($5.87)	$5.66
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00	0.00	64.20M	63.30M	62.90M	55.90M	55.20M	55.10M	56.20M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$18.60	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	0.00	62.78M	62.98M	58.61M	54.50M	54.64M	55.38M	56.52M
Normalized Net Operating Profit after Tax (NOPAT)	1,150	1,284	988	891	1,342	1,406	1,856	-456	897	422	730
Normalized NOPAT Margin	5.51%	6.20%	4.65%	4.24%	6.57%	7.23%	8.44%	-2.31%	4.61%	2.54%	4.70%
Pre Tax Income Margin	4.94%	5.38%	4.17%	-0.10%	7.49%	7.44%	10.61%	-6.22%	3.05%	-1.13%	3.32%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.25	7.92	6.48	0.89	9.18	8.66	14.33	-5.46	2.69	0.47	2.52
NOPAT to Interest Expense	6.00	7.08	2.66	1.02	6.40	6.29	10.44	-3.89	2.52	0.28	1.78
EBIT Less CapEx to Interest Expense	3.30	3.82	2.63	-1.35	6.34	6.49	11.33	-8.46	1.15	-0.52	1.96
NOPAT Less CapEx to Interest Expense	2.05	2.98	-1.18	-1.22	3.55	4.12	7.44	-6.89	0.98	-0.71	1.22
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	32.73%	34.38%	94.07%	-218.24%	25.80%	29.20%	18.72%	-25.81%	78.69%	-125.90%	87.98%
Augmented Payout Ratio	63.14%	90.95%	316.62%	-943.40%	38.32%	40.56%	76.36%	-85.57%	78.69%	-142.30%	87.98%

This table displays calculated financial ratios and metrics derived from Whirlpool's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	56,518,699.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	56,518,699.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-1.45
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.97%	3.35%	-3.42%	-16.76%	-18.94%	-18.73%	-19.35%	-5.41%	1.00%	-0.92%	-9.61%
EBITDA Growth	-1.96%	138.96%	-96.36%	-46.60%	-0.28%	-110.25%	14,850.00%	41.18%	-16.00%	694.34%	-58.19%
EBIT Growth	11.25%	128.67%	-155.88%	-58.02%	1.50%	-132.78%	348.28%	69.11%	-22.14%	262.77%	-87.96%
NOPAT Growth	-20.89%	165.18%	-369.77%	665.03%	54.38%	-114.57%	256.50%	-84.83%	-24.72%	286.57%	-90.08%
Net Income Growth	-41.38%	130.67%	-43.75%	158.62%	34.12%	-179.47%	131.23%	-66.67%	-33.33%	128.39%	-203.80%
EPS Growth	-41.15%	131.27%	-44.34%	155.48%	30.72%	-179.80%	127.12%	-70.45%	-35.50%	127.00%	-211.72%
Operating Cash Flow Growth	-90.20%	14.54%	-83.02%	262.62%	345.83%	-10.59%	17.41%	-95.10%	-84.58%	2.98%	-14.70%
Free Cash Flow Firm Growth	-1,054.83%	122.78%	41.95%	129.19%	84.02%	-50.26%	170.49%	91.13%	272.53%	-14.64%	-17.84%
Invested Capital Growth	21.02%	1.49%	5.84%	7.76%	4.73%	-4.13%	-3.15%	-4.94%	-2.64%	-3.55%	-3.68%
Revenue Q/Q Growth	2.80%	3.29%	-11.75%	-11.16%	0.10%	3.56%	-12.43%	4.20%	6.89%	1.59%	-20.11%
EBITDA Q/Q Growth	-8.12%	47.29%	-99.61%	10,100.00%	71.57%	-115.14%	664.15%	-3.68%	2.08%	7.14%	-60.32%
EBIT Q/Q Growth	-8.87%	56.55%	-120.81%	241.38%	120.33%	-150.55%	257.66%	-3.70%	1.44%	5.69%	-88.34%
NOPAT Q/Q Growth	-3.87%	408.47%	-112.43%	1,359.44%	-80.60%	-147.99%	233.49%	22.06%	-3.71%	18.93%	-92.91%
Net Income Q/Q Growth	-2.30%	478.82%	-151.42%	188.93%	-49.33%	-442.98%	120.20%	-5.06%	1.33%	46.05%	-173.87%
EPS Q/Q Growth	-1.29%	482.35%	-152.97%	183.90%	-49.49%	-455.50%	118.00%	-8.59%	10.26%	48.84%	-174.48%
Operating Cash Flow Q/Q Growth	-55.14%	2,477.08%	-170.57%	144.44%	-44.85%	416.82%	-165.19%	102.64%	73.68%	3,351.52%	-172.61%
Free Cash Flow Firm Q/Q Growth	-28.88%	136.17%	-214.02%	154.93%	-170.56%	212.54%	61.60%	48.93%	-36.30%	15.02%	-24.70%
Invested Capital Q/Q Growth	2.14%	-5.24%	8.82%	2.32%	-0.74%	-13.26%	9.93%	0.43%	1.66%	-16.96%	13.61%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	16.22%	15.57%	14.30%	15.69%	16.10%	16.20%	16.76%	16.17%	14.73%	14.03%	12.68%
EBITDA Margin	7.13%	10.16%	0.04%	5.11%	8.77%	-1.28%	8.26%	7.63%	7.29%	7.69%	3.82%
Operating Margin	5.22%	8.10%	-2.58%	3.26%	6.64%	-3.29%	5.08%	5.41%	5.11%	5.96%	0.55%
EBIT Margin	5.42%	8.22%	-1.94%	3.08%	6.79%	-3.31%	5.97%	5.51%	5.23%	5.44%	0.79%
Profit (Net Income) Margin	1.73%	9.67%	-5.63%	5.64%	2.86%	-9.46%	2.18%	1.99%	1.88%	2.71%	-2.51%
Tax Burden Percent	49.42%	150.92%	142.94%	750.00%	63.69%	177.73%	56.83%	61.98%	63.33%	81.62%	160.78%
Interest Burden Percent	64.42%	77.99%	203.45%	24.39%	66.05%	160.58%	64.35%	58.17%	56.87%	60.99%	-196.15%
Effective Tax Rate	50.00%	-58.59%	0.00%	-686.67%	25.14%	0.00%	30.94%	23.97%	27.50%	27.21%	0.00%
Return on Invested Capital (ROIC)	6.04%	29.13%	-3.82%	51.12%	9.35%	-4.52%	5.97%	6.80%	6.12%	8.56%	0.65%
ROIC Less NNEP Spread (ROIC-NNEP)	5.18%	26.46%	-6.37%	38.84%	8.06%	-9.68%	5.23%	5.55%	4.98%	7.24%	-1.02%
Return on Net Nonoperating Assets (RNNOA)	7.91%	63.55%	-17.68%	90.93%	19.14%	-20.28%	12.57%	11.98%	10.83%	12.91%	-1.75%
Return on Equity (ROE)	13.95%	92.68%	-21.50%	142.05%	28.48%	-24.80%	18.54%	18.78%	16.94%	21.47%	-1.10%
Cash Return on Invested Capital (CROIC)	-25.99%	8.82%	2.17%	4.82%	8.49%	5.40%	8.85%	5.24%	1.46%	11.34%	8.66%
Operating Return on Assets (OROA)	6.08%	9.28%	-2.18%	3.32%	7.00%	-3.27%	5.54%	5.02%	4.78%	5.23%	0.74%
Return on Assets (ROA)	1.94%	10.93%	-6.35%	6.08%	2.94%	-9.34%	2.03%	1.81%	1.72%	2.60%	-2.33%
Return on Common Equity (ROCE)	13.21%	86.34%	-19.60%	130.87%	26.29%	-22.87%	16.79%	17.12%	15.47%	20.56%	-1.06%
Return on Equity Simple (ROE_SIMPLE)	-77.91%	0.00%	17.46%	17.73%	19.00%	0.00%	1.05%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	129	653	-81	1,023	198	-95	127	155	149	178	13
NOPAT Margin	2.61%	12.84%	-1.81%	25.64%	4.97%	-2.30%	3.51%	4.11%	3.70%	4.34%	0.39%
Net Nonoperating Expense Percent (NNEP)	0.86%	2.66%	2.56%	12.27%	1.28%	5.16%	0.74%	1.25%	1.14%	1.32%	1.68%
Return On Investment Capital (ROIC_SIMPLE)	-	6.69%	-	-	-	-1.00%	1.25%	1.52%	1.46%	1.92%	0.12%
Cost of Revenue to Revenue	83.78%	84.43%	85.70%	84.31%	83.90%	83.80%	83.24%	83.81%	85.27%	85.99%	87.32%
SG&A Expenses to Revenue	9.60%	10.95%	10.62%	9.88%	9.89%	10.11%	11.21%	10.52%	10.04%	10.37%	10.97%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	11.00%	7.47%	16.88%	12.43%	9.47%	19.52%	11.68%	10.76%	9.62%	8.08%	12.13%
Earnings before Interest and Taxes (EBIT)	267	418	-87	123	271	-137	216	208	211	223	26
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	351	517	2.00	204	350	-53	299	288	294	315	125
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.32	2.64	2.74	1.80	1.93	2.35	1.94	2.43	1.85	1.49	0.81
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.36	0.32	0.33	0.30	0.33	0.38	0.32	0.36	0.28	0.26	0.20
Price to Earnings (P/E)	0.00	12.98	16.06	10.44	10.47	0.00	713.09	0.00	0.00	12.74	18.47
Dividend Yield	5.60%	6.15%	5.96%	6.85%	6.54%	6.11%	7.77%	6.90%	7.82%	7.35%	8.25%
Earnings Yield	0.00%	7.71%	6.23%	9.58%	9.55%	0.00%	0.14%	0.00%	0.00%	7.85%	5.41%
Enterprise Value to Invested Capital (EV/IC)	1.49	1.40	1.40	1.26	1.30	1.44	1.27	1.36	1.22	1.17	0.92
Enterprise Value to Revenue (EV/Rev)	0.70	0.62	0.68	0.65	0.71	0.72	0.73	0.80	0.73	0.58	0.53
Enterprise Value to EBITDA (EV/EBITDA)	0.00	9.26	10.50	11.27	11.54	23.68	14.41	14.10	13.66	7.58	7.88
Enterprise Value to EBIT (EV/EBIT)	0.00	12.79	14.75	16.79	17.08	70.08	24.37	22.34	22.72	10.56	12.05
Enterprise Value to NOPAT (EV/NOPAT)	0.00	13.68	18.32	10.62	10.12	119.01	22.06	754.37	0.00	14.92	18.34
Enterprise Value to Operating Cash Flow (EV/OCF)	17.90	13.20	25.32	15.13	12.82	14.27	11.68	20.17	25.89	19.28	22.12
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	15.97	66.23	27.07	15.62	26.06	14.08	25.36	82.27	10.17	10.40
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	3.42	2.85	2.94	2.22	2.23	2.26	2.58	2.95	2.87	2.40	1.71
Long-Term Debt to Equity	2.83	2.53	2.56	1.88	1.94	1.62	1.71	2.39	2.33	2.06	1.48
Financial Leverage	1.53	2.40	2.78	2.34	2.37	2.09	2.40	2.16	2.17	1.78	1.71
Leverage Ratio	5.22	6.83	7.07	6.18	6.15	6.15	6.23	5.74	5.74	5.72	4.95
Compound Leverage Factor	3.36	5.33	14.38	1.51	4.06	9.87	4.01	3.34	3.26	3.49	-9.71
Debt to Total Capital	77.38%	74.03%	74.62%	68.90%	69.03%	69.32%	72.08%	74.71%	74.16%	70.60%	63.11%
Short-Term Debt to Total Capital	13.36%	8.36%	9.72%	10.44%	9.02%	19.54%	24.37%	14.28%	13.92%	10.15%	8.69%
Long-Term Debt to Total Capital	64.02%	65.66%	64.90%	58.45%	60.02%	49.78%	47.71%	60.43%	60.24%	60.45%	54.42%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%
Noncontrolling Interests to Total Capital	1.78%	1.79%	2.49%	2.43%	2.36%	2.62%	2.54%	2.58%	2.57%	-0.12%	-0.11%
Common Equity to Total Capital	20.84%	24.18%	22.89%	28.68%	28.61%	28.07%	25.39%	22.72%	23.26%	29.52%	37.00%
Debt to EBITDA	-14.22	5.54	6.13	6.93	6.84	13.17	9.13	8.63	9.17	5.45	6.31
Net Debt to EBITDA	-12.14	4.34	5.15	5.83	5.83	10.64	7.85	7.42	8.04	4.20	4.91
Long-Term Debt to EBITDA	-11.76	4.91	5.33	5.88	5.95	9.46	6.04	6.98	7.45	4.67	5.44
Debt to NOPAT	-13.21	8.19	10.70	6.53	6.00	66.19	13.97	461.72	-66.29	10.73	14.70
Net Debt to NOPAT	-11.27	6.41	8.98	5.49	5.11	53.46	12.01	397.09	-58.13	8.27	11.42
Long-Term Debt to NOPAT	-10.93	7.26	9.30	5.54	5.22	47.53	9.25	373.49	-53.84	9.19	12.67
Altman Z-Score	2.07	2.08	1.98	1.97	1.97	1.23	1.17	1.24	1.18	1.20	1.14
Noncontrolling Interest Sharing Ratio	5.30%	6.84%	8.86%	7.87%	7.72%	7.77%	9.43%	8.84%	8.67%	4.23%	3.73%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.87	0.89	0.95	0.96	0.94	0.72	0.72	0.85	0.86	0.76	0.88
Quick Ratio	0.42	0.45	0.45	0.45	0.46	0.35	0.32	0.37	0.37	0.30	0.32
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,456	526	-600	330	-233	262	423	630	401	462	348
Operating Cash Flow to CapEx	39.67%	589.05%	-759.13%	343.36%	629.41%	813.24%	-1,001.39%	23.17%	38.82%	759.33%	-1,216.18%
Free Cash Flow to Firm to Interest Expense	-15.32	5.72	-6.67	3.54	-2.53	3.15	5.49	7.33	4.36	5.37	4.51
Operating Cash Flow to Interest Expense	0.51	13.45	-9.70	4.17	2.33	13.33	-9.36	0.22	0.36	13.24	-10.74
Operating Cash Flow Less CapEx to Interest Expense	-0.77	11.16	-10.98	2.96	1.96	11.69	-10.30	-0.73	-0.57	11.50	-11.62
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.12	1.13	1.13	1.08	1.03	0.99	0.93	0.91	0.91	0.96	0.93
Accounts Receivable Turnover	9.08	12.62	11.63	11.30	10.08	11.67	10.08	10.44	9.60	11.97	11.79
Inventory Turnover	6.17	7.51	6.87	6.52	6.37	6.55	5.53	5.29	5.37	6.05	5.61
Fixed Asset Turnover	8.18	8.97	8.88	8.43	7.97	7.37	6.96	6.82	6.82	6.95	6.57
Accounts Payable Turnover	4.13	4.67	4.73	4.51	4.31	3.94	3.82	3.74	3.70	3.63	3.84
Days Sales Outstanding (DSO)	40.22	28.93	31.39	32.31	36.22	31.28	36.21	34.97	38.02	30.48	30.95
Days Inventory Outstanding (DIO)	59.15	48.59	53.15	55.95	57.30	55.72	66.02	68.96	67.95	60.31	65.12
Days Payable Outstanding (DPO)	88.38	78.16	77.18	81.01	84.62	92.75	95.65	97.49	98.69	100.49	95.06
Cash Conversion Cycle (CCC)	10.98	-0.63	7.36	7.25	8.90	-5.76	6.58	6.44	7.28	-9.69	1.01
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	9,119	8,641	9,403	9,621	9,550	8,284	9,107	9,146	9,298	7,721	8,772
Invested Capital Turnover	2.32	2.27	2.11	1.99	1.88	1.96	1.70	1.65	1.65	1.97	1.70
Increase / (Decrease) in Invested Capital	1,584	127	519	693	431	-357	-296	-475	-252	-284	-335
Enterprise Value (EV)	13,567	12,078	13,140	12,108	12,382	11,913	11,527	12,466	11,312	9,064	8,051
Market Capitalization	6,850	6,242	6,441	5,584	5,874	6,312	4,992	5,640	4,393	4,051	3,047
Book Value per Share	$37.65	$43.06	$42.88	$56.68	$55.42	$48.66	$46.44	$41.72	$42.58	$48.55	$66.93
Tangible Book Value per Share	($80.25)	($74.60)	($74.48)	($61.15)	($61.75)	($60.86)	($62.51)	($66.71)	($65.10)	($52.36)	($33.21)
Total Capital	9,904	9,768	10,284	10,800	10,634	9,559	10,131	10,213	10,234	9,235	10,225
Total Debt	7,664	7,231	7,674	7,441	7,341	6,626	7,302	7,630	7,590	6,520	6,453
Total Long-Term Debt	6,341	6,414	6,674	6,313	6,382	4,758	4,833	6,172	6,165	5,583	5,564
Net Debt	6,541	5,661	6,443	6,262	6,257	5,351	6,278	6,562	6,656	5,024	5,014
Capital Expenditures (CapEx)	121	210	115	113	34	136	72	82	85	150	68
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-711	-1,494	-589	-320	-512	-1,491	-681	-624	-483	-1,321	-427
Debt-free Net Working Capital (DFNWC)	412	76	642	859	572	-216	343	444	451	-652	199
Net Working Capital (NWC)	-911	-741	-358	-269	-387	-2,084	-2,126	-1,014	-974	-1,589	-690
Net Nonoperating Expense (NNE)	44	161	172	798	84	296	48	80	73	67	95
Net Nonoperating Obligations (NNO)	6,879	6,104	6,793	6,262	6,257	5,351	6,278	6,563	6,654	5,006	5,000
Total Depreciation and Amortization (D&A)	84	99	89	81	79	84	83	80	83	92	99
Debt-free, Cash-free Net Working Capital to Revenue	-3.69%	-7.68%	-3.05%	-1.73%	-2.92%	-8.98%	-4.33%	-4.02%	-3.10%	-8.51%	-2.81%
Debt-free Net Working Capital to Revenue	2.14%	0.39%	3.33%	4.65%	3.26%	-1.30%	2.18%	2.86%	2.90%	-4.20%	1.31%
Net Working Capital to Revenue	-4.72%	-3.81%	-1.86%	-1.45%	-2.20%	-12.55%	-13.51%	-6.53%	-6.26%	-10.24%	-4.55%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.53	$8.94	($4.72)	$3.96	$2.01	($7.12)	$1.29	$1.17	$1.30	$1.92	($1.43)
Adjusted Weighted Average Basic Shares Outstanding	55M	55M	54.90M	54.90M	55.20M	55.10M	55.60M	55.90M	56.10M	56M	59.60M
Adjusted Diluted Earnings per Share	$1.53	$8.91	($4.72)	$3.96	$2.00	($7.11)	$1.28	$1.17	$1.29	$1.92	($1.43)
Adjusted Weighted Average Diluted Shares Outstanding	55.30M	55.20M	54.90M	55M	55.20M	55.10M	55.80M	56.10M	56.50M	56.20M	59.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	54.85M	54.64M	54.64M	54.89M	55.14M	55.38M	55.61M	55.89M	56.15M	56.52M	64.82M
Normalized Net Operating Profit after Tax (NOPAT)	131	290	-65	126	204	-97	134	157	154	210	35
Normalized NOPAT Margin	2.66%	5.70%	-1.45%	3.16%	5.12%	-2.34%	3.70%	4.15%	3.81%	5.13%	1.07%
Pre Tax Income Margin	3.49%	6.41%	-3.94%	0.75%	4.48%	-5.32%	3.84%	3.21%	2.98%	3.32%	-1.56%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.81	4.54	-0.97	1.32	2.95	-1.65	2.81	2.42	2.29	2.59	0.34
NOPAT to Interest Expense	1.35	7.10	-0.90	11.00	2.16	-1.15	1.65	1.80	1.62	2.07	0.16
EBIT Less CapEx to Interest Expense	1.54	2.26	-2.24	0.11	2.58	-3.29	1.87	1.47	1.37	0.85	-0.55
NOPAT Less CapEx to Interest Expense	0.08	4.82	-2.18	9.78	1.79	-2.79	0.72	0.85	0.70	0.32	-0.72
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-23.94%	78.69%	92.94%	69.58%	65.92%	-125.90%	1,429.63%	-314.63%	-214.29%	87.98%	145.00%
Augmented Payout Ratio	-23.94%	78.69%	105.11%	78.69%	74.57%	-142.30%	1,429.63%	-314.63%	-214.29%	87.98%	145.00%

Financials Breakdown Chart

Key Financial Trends

Here are the key trends for Whirlpool (NYSE: WHR) based on the quarterly statements over the last four years (2022–2025). The focus is on how revenue, profits, cash flow, and balance-sheet leverage have evolved, with an emphasis on notable year-to-year changes and quarter-to-quarter shifts.

Strong near-term profitability in Q4 2025: Net income attributable to common shareholders was $109,000,000 and diluted earnings per share (EPS) were $1.92 in Q4 2025, turning positive after a prior-year Q4 (2024) showing a loss of $392,000,000 and a diluted EPS of $(7.12). This marks a clear quarterly turnaround in profitability.
Positive operating momentum in Q4 2025: Operating income reached $244,000,000 on $4.097 billion of revenue, with gross profit of $575,000,000. This contrasts with Q4 2024, which showed an operating loss, highlighting a meaningful improvement in operating performance.
Robust year-end cash generation in Q4 2025: Net cash from continuing operating activities was $1.14 billion, supporting stronger cash flow generation at year-end despite some earlier-quarter cash-flow variability.
Sequential earnings improvement into Q4 2025: Diluted EPS rose to $1.92 in Q4 2025 from $1.29 in Q3 2025, indicating improving quarterly profitability toward the year-end.
Revenue trend shows a past peak earlier in the period: Revenue has fluctuated in the mid-to-high 4 billions, with a peak around 2023 (e.g., Q4 2023 revenue of about $5.09 billion) followed by lower levels in 2024–2025 (e.g., Q4 2024 around $4.13 billion and Q4 2025 around $4.10 billion). This suggests softer revenue in the most recent years relative to the 2023 peak.
Leverage and liquidity profile remains sizable but stable in the period: By Q3 2025, total liabilities were about $14.25 billion and total equity around $2.38 billion, with long-term debt near $6.16 billion. This indicates elevated leverage but a consistent liability base alongside a relatively modest equity cushion.
Debt load remains elevated and stable at around $6.2B (long-term debt) through 2025: Long-term debt was approximately $6.16–$6.17 billion across 2025 quarters, contributing to a high overall leverage level relative to equity.
Capital expenditure cadence stays substantial: Quarterly purchases of property, plant & equipment (PPE) were notable, e.g., about $150 million in Q4 2025 and around $85 million in Q3 2025, indicating ongoing investments in capacity or efficiency but also a material cash outflow.
Cash flow from financing and overall cash balance pressured in several quarters: Net change in cash and equivalents was negative in multiple periods (e.g., about $(265) million in Q4 2025; $(251) million in Q1 2025), reflecting cash outflows from financing or investing activities and ongoing liquidity management challenges.
Persistent cash-flow volatility amid high capex and debt load: While Q4 2025 showed solid earnings and operating cash flow, the combination of sizable PPE investments and debt service continues to produce variability in quarterly free cash flow and net changes in cash across the period.
Dividend/payout pattern shows variation within the year: The data include quarterly per-share dividend figures that vary across 2025 (for example, a quarterly dividend per share around $0.90 in several quarters versus a higher figure in early 2025), suggesting some policy adjustments or timing effects rather than a fixed annual payout.

05/11/26 12:37 PM ETAI Generated. May Contain Errors.

Whirlpool Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Whirlpool's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Whirlpool's net income appears to be on a downward trend, with a most recent value of $341 million in 2025, falling from $822 million in 2015. The previous period was -$305 million in 2024. View Whirlpool's forecast to see where analysts expect Whirlpool to go next.

Whirlpool's total operating income in 2025 was $838 million, based on the following breakdown:

Total Gross Profit: $2.39 billion
Total Operating Expenses: $1.55 billion

Over the last 10 years, Whirlpool's total revenue changed from $20.89 billion in 2015 to $15.52 billion in 2025, a change of -25.7%.

Whirlpool's total liabilities were at $13.29 billion at the end of 2025, a 0.6% decrease from 2024, and a 0.4% decrease since 2015.

In the past 10 years, Whirlpool's cash and equivalents has ranged from $669 million in 2025 to $3.04 billion in 2021, and is currently $669 million as of their latest financial filing in 2025.

Over the last 10 years, Whirlpool's book value per share changed from 60.66 in 2015 to 48.55 in 2025, a change of -20.0%.

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Financial statements for NYSE:WHR last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Whirlpool (WHR) Financials

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Whirlpool (WHR) Financials

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Financials Breakdown Chart

Key Financial Trends

Whirlpool Financials - Frequently Asked Questions

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