Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Revenue | $19,456 | $21,985 | $19,724 | $19,455 | $16,607 |
Gross Profit | $3,850 | $4,409 | $3,073 | $3,170 | $2,581 |
Operating Income | $1,623 | $2,348 | -$1,056 | $1,015 | $143 |
Net Income | $1,081 | $1,783 | -$1,519 | $481 | -$323 |
Edwyn
Over the analyzed five-year period, Whirlpool Corp’s revenue and profitability metrics show notable fluctuations. Revenues increased by approximately 13% from 2020 (USD 19,456M) to 2021 (USD 21,985M), indicating strong performance amid a competitive home appliance industry. However, the recovery was short-lived as revenues dropped by around 10% to USD 19,724M in 2022, and further declined by roughly 15% to USD 16,607M in 2024. Gross profit follows a similar trend: after an increase from USD 3,850M in 2020 to USD 4,409M in 2021, it declined to USD 3,073M in 2022, with continued pressure in the subsequent years, reflecting potential challenges in cost management or reductions in pricing power. Operating and net income metrics experienced even more pronounced volatility. Operating income soared from USD 1,623M in 2020 to USD 2,348M in 2021, a strong performance leap, but then swung to a negative USD 1,056M in 2022—a decline exceeding 140% which may be attributed to operational disruptions or increased cost pressures. While a partial recovery appears in 2023 with operating income of USD 1,015M, the subsequent drop to USD 143M in 2024 reaffirms ongoing challenges. Similarly, net income peaked at USD 1,783M in 2021, reverted to a loss of USD 1,519M in 2022, made a modest comeback in 2023 with USD 481M, only to decline again to a loss of USD 323M in 2024. Overall, the data-driven trends suggest that while Whirlpool Corp experienced periods of strong performance, recent swings in key metrics indicate potential concerns over operational efficiency and market pressures that could challenge long-term financial sustainability.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.