OverviewSuggest Edit
Whirlpool is a manufacturer of home appliances and related products. The company offers laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other small domestic appliances. Its major brands include Whirlpool, KitchenAid, Maytag, Brastemp, Consul, Hotpoint, Indesit, and Bauknecht.
| Type | Public | |
| Founded | 1911 | |
| HQ | Benton Harbor, MI, US | Map |
| Website | whirlpoolcorp.com | |
| Employee Ratings | More | |
| Overall Culture | A- | More |
Recent NewsAll News
Key People/Management at Whirlpool
Marc Bitzer
Chairman of the Board, Chief Executive Officer
João Carlos Brega
Executive Vice President and President, Whirlpool Latin America
Roberto H. Campos
Senior Vice President, Global Product Organization
Dani Brown
Senior Vice President and Chief Information Officer
Elizabeth A. Door
Senior Vice President, Global Strategic Sourcing
Holger Gottstein
Senior Vice President, Strategy and Business Development
Whirlpool Office Locations
Whirlpool has offices in Benton Harbor, Clyde, Fall River, Findlay and in 78 other locations
Benton Harbor, MI, US (HQ)
2000 N. M-63
Benton Harbor, MI, US
600 West Main St
Clyde, OH, US
119 Birdseye St
Fall River, MA, US
88 Currant Rd
Findlay, OH, US
4901 N Main St
Greenville, OH, US
1701 Kitchen Aid Way
Whirlpool Financials and Metrics
Whirlpool Revenue
Whirlpool's revenue was reported to be $19.46 b in FY, 2020
| USD | |
|---|---|
Revenue (Q1, 2021) | 5.4b |
Gross profit (Q1, 2021) | 1.1b |
Gross profit margin (Q1, 2021), % | 21.4% |
Net income (Q1, 2021) | 440.0m |
EBIT (Q1, 2021) | 618.0m |
Market capitalization (14-May-2021) | 15.5b |
Closing stock price (14-May-2021) | 246.7 |
Cash (31-Mar-2021) | 2.4b |
EV | 18.3b |
Whirlpool's current market capitalization is $15.5 b.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 4.9b | 5.1b | 5.3b | 4.8b | 5.2b | 5.1b | 4.3b | 4.0b | 5.3b | 5.4b |
Cost of goods sold | 4.1b | 4.3b | 4.4b | 3.9b | 4.3b | 4.4b | 3.6b | 3.4b | 4.1b | 4.2b |
Gross profit | 812.0m | 880.0m | 895.0m | 812.0m | 932.0m | 741.0m | 700.0m | 631.0m | 1.2b | 1.1b |
Gross profit Margin, % | 17% | 17% | 17% | 17% | 18% | 15% | 16% | 16% | 22% | 21% |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.0b | 1.1b | 1.0b | 1.2b | 1.2b | 993.0m | 2.8b | 2.5b | 3.5b | 2.4b |
Accounts Receivable | 2.7b | 2.5b | 2.9b | 2.2b | 2.4b | 2.6b | 1.9b | 2.0b | 2.7b | 3.0b |
Prepaid Expenses | 1.0b | 946.0m | 862.0m | 960.0m | 961.0m | 911.0m | 851.0m | 906.0m | 847.0m | 748.0m |
Inventories | 3.3b | 3.0b | 2.9b | 3.0b | 3.0b | 2.9b | 2.5b | 2.1b | 2.2b | 2.5b |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 94.0m | (545.0m) | (329.0m) | 474.0m | 546.0m | 910.0m | 147.0m | 172.0m | 570.0m | 433.0m |
Depreciation and Amortization | 177.0m | 339.0m | 491.0m | 142.0m | 302.0m | 443.0m | 135.0m | 268.0m | 414.0m | 141.0m |
Inventories | (375.0m) | (399.0m) | (271.0m) | (475.0m) | (574.0m) | (525.0m) | (203.0m) | 223.0m | 158.0m | (332.0m) |
Accounts Payable | (259.0m) | (287.0m) | (122.0m) | (182.0m) | (182.0m) | (110.0m) | (244.0m) | (982.0m) | (162.0m) | 185.0m |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 231.0k |
Debt/Equity | 1 x |
Debt/Assets | 2.6 x |
Financial Leverage | 0.4 x |
Whirlpool Operating Metrics
| FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | |
|---|---|---|---|---|---|---|---|---|---|
Units Sold | 71.7 m | 15.29 m | 16.12 m | 17.66 m | 68.44 m | 15.29 m | 16.25 m | 17.09 k | 67.41 k |
Units Sold (North America) | 30.77 m | 6 m | 6.25 m | 7.3 m | 27.7 m | 6 m | 6.18 m | 6.8 k | 26.41 k |
Units Sold (EMEA) | 23 m | 4.35 m | 4.71 m | 5.25 m | 20.05 m | 4.35 m | 4.8 m | 5.21 k | 20.02 k |
Units Sold (Latin America) | 9.09 m | 2.59 m | 2.69 m | 3.16 m | 11.84 m | 2.59 m | 2.74 m | 2.9 k | 12.08 k |
Whirlpool Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Yummly | May 02, 2017 | |
| ADC | May 19, 2015 | |
| Hefei Rongshida Sanyo Electric | October 24, 2014 | |
| Indesit Company | July 10, 2014 | $1 b |
| Maytag Corporation | August 22, 2005 | $2.7 b |
| Vitromatic S.A. de C.V. | July 08, 2002 | $150 m |
| Polar S.A. | May 01, 2002 | $27 m |
| 1900 Holdings Corporation | ||
| Aeradriatica S.p.A. | ||
| Airdun Limited |
Whirlpool Revenue Breakdown
Whirlpool revenue breakdown by business segment: 30.3% from Laundry, 30.5% from Refrigeration, 22.9% from Cooking, 7.8% from Dishwashing and 8.5% from Other
Whirlpool revenue breakdown by geographic segment: 7.4% from Asia, 15.5% from Latin America, 21.0% from EMEA and 56.1% from North America
Whirlpool Cybersecurity Score
Whirlpool Environment, Social & Governance (ESG) Ratings
Whirlpool Online and Social Media Presence
30.81k Twitter followers
Whirlpool has 30.81k Twitter Followers. The number of followers has increased 0.7% month over month and increased 7.8% quarter over quarter
Whirlpool's Trends
Twitter Engagement Stats for @whirlpoolcorp
15.2k
Tweets
1.3k
Following
30.8k
Followers
59
Tweets last 30 days
5.2
Avg. likes per Tweet
84.7%
Tweets with engagement
Whirlpool Company Culture
Overall Culture
A-
74/100
CEO Rating
A
76/100
Compensation
A
80/100
Diversity
A+
79/100
Whirlpool News and Updates
April 21, 2021
Whirlpool CEO sees strong home trends boosting appliance sales even as prices rise
Demand for housing goods and appliances is on the rise and it won't go away anytime soon, according to Mark Bitzer, the CEO of appliance maker Whirlpool.
April 21, 2021
Whirlpool stock rises after company beats Q1 views, raises guidance
Shares of Whirlpool Corp. rose more than 1% in the extended session Wednesday after the appliances maker reported first-quarter earnings that were above Wall Street expectations and raised its guidance. Whirlpool said it earned $433 million, or $6.81 a share, in the quarter, compared with $2.45 a s…
April 14, 2021
Bye-bye, front loaders! Whirlpool unveils the washing machine of your dreams
Front loader, your days are numbered.
The front-loading washing machine was meant to be the panacea of laundry. Launched with a big push in the late ’90s, the machines were supposed to use less water than the old top loaders and be easier on clothing, because they simply spin clothing in a basket in…
March 08, 2021
Is Whirlpool Stock Still Attractive After A Solid 3x Rally?
Whirlpool’s stock, a manufacturer and marketer of major home appliances, is about 2.8x higher than the levels on March 23, 2020, when broader markets made a bottom due to the spread of Covid-19. This compares with a 68% rise for the S&P over the same period, with the resumption of economic...
February 12, 2021
Whirlpool Of India - A Pure Play In The Underpenetrated White Goods Space: Motilal Oswal Initiates Coverage
Whirlpool Of India - A Pure Play In The Underpenetrated White Goods Space: Motilal Oswal Initiates Coverage
February 06, 2021
Whirlpool Of India’s Performance Lagging Peers In Q3: ICICI Securities
Whirlpool Of India’s Performance Lagging Peers In Q3: ICICI Securities
Whirlpool Blogs
May 13, 2021
Whirlpool Corporation brands from multiple regions around the globe win big at iF and Red Dot Design Awards 2021
New Products and product suites from Whirlpool Corporation’s Whirlpool, KitchenAid, and Bauknecht brands received distinguished awards at two of the world’s top competitions for design excellence, the iF Design Awards and the Red Dot Awards. Coveted iF Labels were awarded to 11 of Whirlpool Corporat…
May 11, 2021
U.S. News & World Report Names Three Whirlpool Brand Laundry Innovations Among Best of 2021
One top-load washing machine and two top-load clothes dryers ranked for their functionality and ease of use. Whirlpool brand’s Top Load Washer with Quick Wash and Top Load Gas & Electric Dryers with Wrinkle Shield™ Plus have been recognized in U.S. News & World Report’s 360 Reviews roundup o…
May 07, 2021
Empowering our U.S. Veterans, May is Military Appreciation Month
Each year the month of May is set aside for National Military Appreciation Month in the United States. Whirlpool Corporation is proud of the commitment we make to our military everyday, a commitment founded on deep appreciation and carried out through our collaboration with American Corporate Part…
May 06, 2021
Whirlpool Corporation’s CEO: Our Commitment to Achieve Net Zero Emissions Target by 2030
We are pleased to announce our global commitment to reach a net zero emissions target in our plants and operations by 2030. The commitment will cover more than 30 of our manufacturing sites and large distribution centers around the world, spanning all direct (Scope 1) and power-related (Scope 2) emi…
April 29, 2021
Whirlpool Corporation Issues Inaugural Sustainability Bond to Support Environmental and Social Initiatives
For over 50 years, we have been committed to improving the environmental efficiency of our products and operations while making a positive impact on people and the planet. This week we proudly added another milestone along our sustainability journey with the issuance of our first Sustainability B…
April 26, 2021
Maytag brand app adds new features and functionality for users
Business data platform Statista reported there are 3.2 billion smartphone users across the world, with 88 percent of users’ time spent on apps. Research like this has identified that more and more people continue to rely on apps not just for social media, but to make their lives easier and to impr…
Whirlpool Frequently Asked Questions
When was Whirlpool founded?
Whirlpool was founded in 1911.
Who are Whirlpool key executives?
Whirlpool's key executives are Marc Bitzer, João Carlos Brega and Roberto H. Campos.
How many employees does Whirlpool have?
Whirlpool has 77,000 employees.
What is Whirlpool revenue?
Latest Whirlpool annual revenue is $19.5 b.
What is Whirlpool revenue per employee?
Latest Whirlpool revenue per employee is $252.7 k.
Who are Whirlpool competitors?
Competitors of Whirlpool include Midea, Electrolux and Arcelik.
Where is Whirlpool headquarters?
Whirlpool headquarters is located at 2000 N. M-63, Benton Harbor.
Where are Whirlpool offices?
Whirlpool has offices in Benton Harbor, Clyde, Fall River, Findlay and in 78 other locations.
How many offices does Whirlpool have?
Whirlpool has 84 offices.
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