Whirlpool Historical Income Statement

WHR Stock

USD 111.80 0.66 0.59%

Historical analysis of Whirlpool income statement accounts such as Depreciation And Amortization of 446.8 M, Interest Expense of 368.6 M, Total Revenue of 14.9 B or Gross Profit of 2.9 B can show how well Whirlpool performed in making a profits. Evaluating Whirlpool income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Whirlpool's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Whirlpool latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Whirlpool is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whirlpool. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in Whirlpool Stock, please use our How to Invest in Whirlpool guide.

About Whirlpool Income Statement Analysis

Whirlpool Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Whirlpool shareholders. The income statement also shows Whirlpool investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Whirlpool Income Statement Chart

At this time, Whirlpool's Reconciled Depreciation is relatively stable compared to the past year.

Total Revenue Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Whirlpool generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Whirlpool. It is also known as Whirlpool overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Whirlpool operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Whirlpool is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Whirlpool's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Whirlpool current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whirlpool. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in Whirlpool Stock, please use our How to Invest in Whirlpool guide.At this time, Whirlpool's Reconciled Depreciation is relatively stable compared to the past year.

	2021	2022	2023	2024 (projected)
Gross Profit	4.4B	3.1B	3.2B	2.9B
Total Revenue	22.0B	19.7B	19.5B	14.9B

Gross Profit Total Revenue

Whirlpool income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Minority Interest	Extraordinary Items	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.33	0.85	0.77	0.85	0.3	0.43	0.56	0.85	0.8	0.17	-0.33	0.15	0.13	0.47	0.91	0.29	-0.53	0.28	0.18	0.4	0.0	0.05	0.11	0.33
Interest Expense	0.33		0.29	0.03	0.32	-0.18	0.02	0.08	0.33	0.19	-0.24	-0.2	-0.04	-0.77	-0.31	0.52	0.16	-0.4	-0.17	0.02	-0.33	-0.2	0.12	-0.32	0.06
Total Revenue	0.85	0.29		0.92	1.0	0.56	0.42	0.53	1.0	0.93	0.24	-0.27	0.19	0.25	0.52	0.81	0.0	-0.26	0.17	0.18	0.63	0.23	-0.08	0.23	-0.07
Gross Profit	0.77	0.03	0.92		0.89	0.73	0.62	0.7	0.88	0.91	0.51	-0.19	0.41	0.49	0.65	0.65	-0.13	-0.1	0.31	0.09	0.74	0.39	-0.23	0.33	-0.15
Other Operating Expenses	0.85	0.32	1.0	0.89		0.51	0.38	0.49	1.0	0.93	0.19	-0.3	0.15	0.21	0.51	0.82	0.02	-0.28	0.12	0.21	0.61	0.2	-0.05	0.19	-0.06
Operating Income	0.3	-0.18	0.56	0.73	0.51		0.52	0.53	0.51	0.47	0.67	0.48	0.58	0.55	0.3	0.2	-0.33	0.01	0.48	-0.5	0.57	0.59	-0.12	0.66	-0.27
Ebit	0.43	0.02	0.42	0.62	0.38	0.52		0.99	0.37	0.46	0.91	0.02	0.92	0.31	0.47	0.39	0.04	-0.2	0.71	-0.21	0.27	0.35	-0.14	0.29	0.2
Ebitda	0.56	0.08	0.53	0.7	0.49	0.53	0.99		0.48	0.55	0.86	-0.04	0.86	0.3	0.51	0.51	0.08	-0.28	0.7	-0.17	0.32	0.32	-0.11	0.29	0.24
Cost Of Revenue	0.85	0.33	1.0	0.88	1.0	0.51	0.37	0.48		0.92	0.18	-0.29	0.14	0.19	0.48	0.82	0.02	-0.29	0.13	0.2	0.59	0.19	-0.04	0.2	-0.05
Total Operating Expenses	0.8	0.19	0.93	0.91	0.93	0.47	0.46	0.55	0.92		0.3	-0.41	0.22	0.31	0.73	0.78	0.0	-0.14	0.03	0.28	0.77	0.26	-0.14	0.05	-0.19
Income Before Tax	0.17	-0.24	0.24	0.51	0.19	0.67	0.91	0.86	0.18	0.3		0.33	0.96	0.48	0.43	0.13	-0.09	-0.07	0.72	-0.46	0.34	0.49	-0.09	0.44	0.05
Total Other Income Expense Net	-0.33	-0.2	-0.27	-0.19	-0.3	0.48	0.02	-0.04	-0.29	-0.41	0.33		0.34	0.14	-0.38	-0.32	-0.07	-0.19	0.45	-0.93	-0.19	0.24	0.33	0.56	0.08
Net Income	0.15	-0.04	0.19	0.41	0.15	0.58	0.92	0.86	0.14	0.22	0.96	0.34		0.23	0.29	0.16	0.03	-0.16	0.73	-0.5	0.17	0.35	-0.05	0.36	0.11
Income Tax Expense	0.13	-0.77	0.25	0.49	0.21	0.55	0.31	0.3	0.19	0.31	0.48	0.14	0.23		0.57	-0.08	-0.41	0.24	0.29	-0.05	0.64	0.65	-0.15	0.47	-0.13
Selling General Administrative	0.47	-0.31	0.52	0.65	0.51	0.3	0.47	0.51	0.48	0.73	0.43	-0.38	0.29	0.57		0.41	0.05	0.1	0.11	0.3	0.68	0.29	-0.08	0.07	-0.1
Research Development	0.91	0.52	0.81	0.65	0.82	0.2	0.39	0.51	0.82	0.78	0.13	-0.32	0.16	-0.08	0.41		0.38	-0.65	0.17	0.11	0.34	-0.07	0.28	-0.03	0.3
Minority Interest	0.29	0.16	0.0	-0.13	0.02	-0.33	0.04	0.08	0.02	0.0	-0.09	-0.07	0.03	-0.41	0.05	0.38		-0.62	0.26	-0.02	-0.24	-0.82	0.44	-0.14	0.68
Extraordinary Items	-0.53	-0.4	-0.26	-0.1	-0.28	0.01	-0.2	-0.28	-0.29	-0.14	-0.07	-0.19	-0.16	0.24	0.1	-0.65	-0.62		-0.37	0.38	0.24	0.27	-0.71	0.06	-0.7
Net Income From Continuing Ops	0.28	-0.17	0.17	0.31	0.12	0.48	0.71	0.7	0.13	0.03	0.72	0.45	0.73	0.29	0.11	0.17	0.26	-0.37		-0.49	-0.06	0.09	0.14	0.71	0.61
Non Recurring	0.18	0.02	0.18	0.09	0.21	-0.5	-0.21	-0.17	0.2	0.28	-0.46	-0.93	-0.5	-0.05	0.3	0.11	-0.02	0.38	-0.49		0.2	-0.25	-0.44	-0.41	-0.13
Non Operating Income Net Other	0.4	-0.33	0.63	0.74	0.61	0.57	0.27	0.32	0.59	0.77	0.34	-0.19	0.17	0.64	0.68	0.34	-0.24	0.24	-0.06	0.2		0.4	-0.33	0.2	-0.45
Tax Provision	0.0	-0.2	0.23	0.39	0.2	0.59	0.35	0.32	0.19	0.26	0.49	0.24	0.35	0.65	0.29	-0.07	-0.82	0.27	0.09	-0.25	0.4		-0.18	0.3	-0.44
Interest Income	0.05	0.12	-0.08	-0.23	-0.05	-0.12	-0.14	-0.11	-0.04	-0.14	-0.09	0.33	-0.05	-0.15	-0.08	0.28	0.44	-0.71	0.14	-0.44	-0.33	-0.18		-0.03	0.46
Net Interest Income	0.11	-0.32	0.23	0.33	0.19	0.66	0.29	0.29	0.2	0.05	0.44	0.56	0.36	0.47	0.07	-0.03	-0.14	0.06	0.71	-0.41	0.2	0.3	-0.03		0.18
Reconciled Depreciation	0.33	0.06	-0.07	-0.15	-0.06	-0.27	0.2	0.24	-0.05	-0.19	0.05	0.08	0.11	-0.13	-0.1	0.3	0.68	-0.7	0.61	-0.13	-0.45	-0.44	0.46	0.18

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Whirlpool Account Relationship Matchups

Whirlpool income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	506M	568M	494M	475M	361M	446.8M
Interest Expense	187M	189M	175M	190M	351M	368.6M
Total Revenue	20.4B	19.5B	22.0B	19.7B	19.5B	14.9B
Gross Profit	3.5B	3.9B	4.4B	3.1B	3.2B	2.9B
Other Operating Expenses	19.1B	17.5B	19.7B	18.5B	18.4B	13.9B
Operating Income	1.6B	1.6B	2.3B	1.2B	1.0B	872.9M
Ebit	1.6B	1.9B	2.5B	(1.0B)	944M	917.6M
Ebitda	2.1B	2.5B	3.0B	(562M)	1.3B	1.4B
Cost Of Revenue	16.9B	15.6B	17.6B	16.7B	16.3B	12.0B
Total Operating Expenses	2.3B	2.2B	1.9B	2.1B	1.9B	2.0B
Income Before Tax	1.6B	1.5B	2.3B	(1.2B)	593M	569.4M
Total Other Income Expense Net	(19M)	(168M)	(16M)	(171M)	(422M)	(400.9M)
Net Income	1.2B	1.1B	1.8B	(1.5B)	481M	376.1M
Income Tax Expense	354M	384M	518M	265M	77M	73.2M
Selling General Administrative	2.1B	1.9B	2.1B	1.8B	2.0B	2.0B
Research Development	541M	455M	485M	465M	473M	506.4M
Net Income Applicable To Common Shares	1.2B	1.1B	1.8B	(1.5B)	(1.7B)	(1.7B)
Minority Interest	14M	(10M)	(23M)	(8M)	(6M)	(5.7M)
Net Income From Continuing Ops	1.2B	1.1B	1.8B	(1.5B)	(1.6B)	(1.5B)
Non Recurring	188M	295M	38M	405M	465.8M	300.1M
Non Operating Income Net Other	(87M)	(108M)	168M	(8M)	(9.2M)	(9.7M)
Tax Provision	354M	384M	518M	265M	337M	359.5M
Interest Income	168M	21M	159M	171M	153.9M	134.1M
Net Interest Income	(19M)	(168M)	(16M)	(171M)	(426M)	(404.7M)
Reconciled Depreciation	587M	568M	494M	475M	393M	436.1M

Pair Trading with Whirlpool

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Whirlpool position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Whirlpool will appreciate offsetting losses from the drop in the long position's value.

Moving together with Whirlpool Stock

0.68

FLXS

Flexsteel Industries

Pair Corr

Moving against Whirlpool Stock

0.68	HBB	Hamilton Beach Brands	Pair Corr
0.54	LCUT	Lifetime Brands	Pair Corr
0.35	MHK	Mohawk Industries	Pair Corr
0.32	EFOI	Energy Focu	Pair Corr

The ability to find closely correlated positions to Whirlpool could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whirlpool when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Whirlpool - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Whirlpool to buy it.

The correlation of Whirlpool is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Whirlpool moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whirlpool moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Whirlpool can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Whirlpool Stock Analysis

When running Whirlpool's price analysis, check to measure Whirlpool's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Whirlpool is operating at the current time. Most of Whirlpool's value examination focuses on studying past and present price action to predict the probability of Whirlpool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whirlpool's price. Additionally, you may evaluate how the addition of Whirlpool to your portfolios can decrease your overall portfolio volatility.

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Whirlpool Historical Income Statement

About Whirlpool Income Statement Analysis

Whirlpool Income Statement Chart

Total Revenue

Other Operating Expenses

Operating Income

Whirlpool income statement Correlations

Whirlpool Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Whirlpool income statement Accounts

Pair Trading with Whirlpool

Moving together with Whirlpool Stock

Moving against Whirlpool Stock

Additional Tools for Whirlpool Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebitda	+ 0.99	Ebit
Net Income	+ 0.96	Income Before Tax
Total Operating Expenses	+ 0.93	Total Revenue

Non Recurring	- 0.93	Total Other Income Expense Net
Tax Provision	- 0.82	Minority Interest
Income Tax Expense	- 0.77	Interest Expense
Interest Income	- 0.71	Extraordinary Items
Reconciled Depreciation	- 0.7	Extraordinary Items
Extraordinary Items	- 0.65	Research Development