Whirlpool

OverviewSuggest Edit

Whirlpool is a manufacturer of home appliances and related products. The company offers washers and dryers, refrigerators and freezers, dishwashers, ranges, hoods, food processors, coffee makers, and other small domestic appliances. Its major brands include Whirlpool, KitchenAid, Maytag, Brastemp, Consul, Hotpoint, Indesit, and Bauknecht.
TypePublic
Founded1911
HQBenton Harbor, MI, US
Websitewhirlpoolcorp.com
Employee Ratings4
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2021)69,000(-11%)
Job Openings443
Revenue (FY, 2021)$22 B(+13%)
Share Price (May 2022)$173.9(+4%)
Cybersecurity ratingBMore
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Key People/Management at Whirlpool

Marc R. Bitzer

Marc R. Bitzer

Chairman of the Board and Chief Executive Officer
Samuel R. Allen

Samuel R. Allen

Board Member
Joao Carlos Brega

Joao Carlos Brega

Executive Vice President and President, Whirlpool Latin America
Roberto H. Campos

Roberto H. Campos

Senior Vice President, Global Product Organization
Greg Creed

Greg Creed

Board Member
Gary T. Dicamillo

Gary T. Dicamillo

Board Member
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Whirlpool Office Locations

Whirlpool has offices in Benton Harbor, Clyde, Fall River, Findlay and in 69 other locations
Benton Harbor, MI, US (HQ)
2000 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
Show all (77)

Whirlpool Financials and Metrics

Whirlpool Revenue

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View revenue for all periods
Whirlpool's revenue was reported to be $21.99 b in FY, 2021 which is a 13% increase from the previous period.
USD

Revenue (Q1, 2022)

4.9b

Gross profit (Q1, 2022)

851.0m

Net income (Q1, 2022)

316.0m

EBIT (Q1, 2022)

461.0m

Market capitalization (25-May-2022)

10.6b

Closing stock price (25-May-2022)

173.9

Cash (31-Dec-2021)

3.0b
Whirlpool's current market capitalization is $10.6 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

20.4b19.5b22.0b

Revenue growth, %

(3%)(5%)13%

Cost of goods sold

16.9b15.6b17.6b

Gross profit

3.5b3.9b4.4b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

4.3b4.0b5.3b5.4b5.3b5.5b4.9b

Cost of goods sold

3.6b3.4b4.1b4.2b4.2b4.4b4.1b

Gross profit

700.0m631.0m1.2b1.1b1.1b1.1b851.0m

Gross profit Margin, %

16%16%22%21%20%20%
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

1.5b2.0b2.9b3.0b

Accounts Receivable

2.2b2.2b3.1b3.1b

Prepaid Expenses

839.0m810.0m834.0m

Inventories

2.5b2.4b2.2b2.7b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2020Q3, 2021

Cash

1.2b1.2b993.0m2.8b2.5b3.5b2.4b3.0b2.9b

Accounts Receivable

2.2b2.4b2.6b1.9b2.0b2.7b3.0b3.1b3.2b

Prepaid Expenses

960.0m961.0m911.0m851.0m906.0m847.0m

Inventories

3.0b3.0b2.9b2.5b2.1b2.2b2.5b2.7b2.9b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(159.0m)1.2b1.1b

Depreciation and Amortization

645.0m587.0m568.0m

Inventories

73.0m(39.0m)241.0m

Accounts Payable

210.0m140.0m341.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

474.0m546.0m910.0m147.0m172.0m570.0m440.0m1.0b1.5b313.0m

Depreciation and Amortization

142.0m302.0m443.0m135.0m268.0m414.0m141.0m259.0m378.0m112.0m

Inventories

(475.0m)(574.0m)(525.0m)(203.0m)223.0m158.0m(332.0m)(527.0m)(785.0m)(384.0m)

Accounts Payable

(182.0m)(182.0m)(110.0m)(244.0m)(982.0m)(162.0m)185.0m260.0m617.0m(217.0m)
USDFY, 2018

Debt/Equity

2.6 x

Debt/Assets

0.3 x

Financial Leverage

8 x
Show all financial metrics

Whirlpool Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Units Sold

68.44 m15.29 m16.25 m17.09 k67.41 k

Units Sold (North America)

27.7 m6 m6.18 m6.8 k26.41 k

Units Sold (EMEA)

20.05 m4.35 m4.8 m5.21 k20.02 k

Units Sold (Latin America)

11.84 m2.59 m2.74 m2.9 k12.08 k

Whirlpool Acquisitions / Subsidiaries

Company NameDateDeal Size
YummlyMay 02, 2017
ADCMay 19, 2015
Hefei Rongshida Sanyo ElectricOctober 24, 2014
Indesit CompanyJuly 10, 2014$1 b
Maytag CorporationAugust 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
Bauknecht AG
Bauknecht Hausgeräte GmbH
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Whirlpool Revenue Breakdown

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Whirlpool revenue breakdown by business segment: 25.6% from Cooking, 8.6% from Dishwashing, 27.8% from Laundry, 30.4% from Refrigeration, 5.4% from Spare parts and warranties and 2.1% from Other

Whirlpool revenue breakdown by geographic segment: 23.1% from EMEA, 14.4% from Latin America, 56.8% from North America and 5.6% from Asia

Whirlpool Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Whirlpool Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Whirlpool Online and Social Media Presence

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Whirlpool Company Culture

  • Overall Culture

    A-

    74/100

  • CEO Rating

    B+

    75/100

  • Compensation

    A+

    80/100

  • Diversity

    A+

    80/100

Learn more on Comparably

Whirlpool News and Updates

Whirlpool Of India Q4 Review - Industry Slowdown, Margin Headwinds Continue: Yes Securities

Whirlpool of India Q4 Review - Industry Slowdown, Margin Headwinds Continue: Yes Securities

Ex-Dividend Reminder: Whirlpool, Unilever And Cummins

On 5/19/22, Whirlpool, Unilever, and Cummins will all trade ex-dividend for their respective upcoming dividends. Whirlpool will pay its quarterly dividend of $1.75 on 6/15/22, Unilever plc will pay its quarterly dividend of $0.4555 on 6/16/22, and Cummins will pay its quarterly dividend of $1.45

Whirlpool stock downgraded to sell on concerns about stagflation, rising interest rates

Analyst Kenneth Leon at CFRA on Friday lowered his rating on Whirlpool Corp. shares to sell, from buy, and lowered his price target by $20 to $180 as rising interest rates and a "potential risk of global stagflation" could hurt consumer-discretionary spending for household appliances. "We believe (…

Whirlpool Corporation Helps Builder Customers With New Builder Support Representative Program

BENTON HARBOR, Mich., Feb. 8, 2022 /PRNewswire/ -- Whirlpool Corporation is announcing the expansion of a program designed to provide local market assistance to builders who are facing a variety of challenges in the growing economy. The Builder Support Representative Program ensures that...

Buy stocks like Whirlpool — not NFTs, asset manager says

Investors should be looking to pick up stocks like Whirlpool and avoid the likes of CryptoPunks NFTs, according to Jeff Henriksen, CEO and founder of Thorpe Abbotts Capital.

Whirlpool Corporation to Feature Purposeful Appliance Innovations at IBS 2022

BENTON HARBOR, Mich., Feb. 1, 2022 /PRNewswire/ -- There's no one-size-fits-all appliance solution for today's consumers, which means building industry professionals are challenged to meet constantly changing needs and preferences. Whirlpool Corporation, the world's leading kitchen and...
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Whirlpool Blogs

Daughter of Cleveland, Tenn. plant employee turns Whirlpool Sons and Daughters Scholarship into degree and job serving her community

Few people are more motivating and inspiring than Whirlpool Corporation’s Cleveland Manufacturing New Employee Trainer, Clarissa Shepherd. It’s easy to see that her daughter, Sierra, learned excellence, enthusiasm and integrity by example. Some of the work I do includes teaching grant-funded program…

In the hot seat: Ludo Beaufils

 What’s a big deal for Ludo? Watch Whirlpool Corporation’s Vice President of Global Platforms, Ludo Beaufils as we put him “In The Hot Seat” to uncover his best work advice, what instrument he plays, and even how to correctly pronounce his name!

Whirlpool Corp. Fall River plant creates ‘Culture Committee’ to recognize employees, make improvements and serve the community

Fall River Massachusetts is the home to Whirlpool Corp.’s commercial dryer plant, where a “Culture Committee” has been established to engage employees with their community and make improvements at the plant. “Alex Silva, a supervisor on one of the lines and the Change Management Lead, approached me …

A successful season for Whirlpool Corp. sponsored FIRST Robotics teams

  After a couple of quiet years due to COVID-19, Whirlpool Corporation’s local FIRST Robotics teams were back with a full season of competition. Whirlpool supports seven different teams in its headquarters community with funding, coaching and mentoring. One of those stand-out clubs is the Benton Har…

UK Students challenged to ‘improve life at home’ with ideas to make appliances more sustainable for people and for the planet

Whirlpool Corp.’s vision is “to improve life at home,” which includes care for the planet that everyone lives on. With this in mind, the company has recently launched a new campaign called “Purposeful Innovation,” which aims to inspire the next generation to develop sustainable kitchens of the futur…

Senator West teams up with Whirlpool Corp. to provide refrigerators to Dallas community organizations addressing food inequality

“Feel Good Fridges” filled with food help community organizations close the hunger gap in North Texas State Senator Royce West and Whirlpool Corp. are collaborating to bring “Feel Good Fridges” to Dallas in collaboration with local community organizations. Through donations of refurbished “community…
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Whirlpool Frequently Asked Questions

  • When was Whirlpool founded?

    Whirlpool was founded in 1911.

  • Who are Whirlpool key executives?

    Whirlpool's key executives are Marc R. Bitzer, Samuel R. Allen and Joao Carlos Brega.

  • How many employees does Whirlpool have?

    Whirlpool has 69,000 employees.

  • What is Whirlpool revenue?

    Latest Whirlpool annual revenue is $22 b.

  • What is Whirlpool revenue per employee?

    Latest Whirlpool revenue per employee is $318.6 k.

  • Who are Whirlpool competitors?

    Competitors of Whirlpool include Samsung Electronics, Midea and Electrolux.

  • Where is Whirlpool headquarters?

    Whirlpool headquarters is located at 2000 M-63, Benton Harbor.

  • Where are Whirlpool offices?

    Whirlpool has offices in Benton Harbor, Clyde, Fall River, Findlay and in 69 other locations.

  • How many offices does Whirlpool have?

    Whirlpool has 77 offices.