Whirlpool
Market Cap
US$5.5b
Last Updated
2020/03/31 00:50 UTC
Data Sources
Company Financials +
Executive Summary
Whirlpool Corporation manufactures and markets home appliances and related products.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -3.4% per year for the next 3 years
Snowflake Analysis
6 star dividend payer and good value.
Similar Companies
Share Price & News
How has Whirlpool's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WHR's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
5.4%
WHR
8.2%
US Consumer Durables
7.2%
US Market
1 Year Return
-34.8%
WHR
-20.3%
US Consumer Durables
-10.4%
US Market
Return vs Industry: WHR underperformed the US Consumer Durables industry which returned -19.9% over the past year.
Return vs Market: WHR underperformed the US Market which returned -12.7% over the past year.
Shareholder returns
| WHR | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.4% | 8.2% | 7.2% |
| 30 Day | -31.4% | -29.9% | -12.6% |
| 90 Day | -40.5% | -33.7% | -19.4% |
| 1 Year | -32.5%-34.8% | -19.2%-20.3% | -8.5%-10.4% |
| 3 Year | -41.7%-47.0% | -20.4%-24.1% | 15.8%8.3% |
| 5 Year | -49.0%-55.6% | -15.6%-21.2% | 35.8%21.0% |
Price Volatility Vs. Market
How volatile is Whirlpool's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Why Whirlpool Corporation (NYSE:WHR) Is A Dividend Rockstar1 month ago | Simply Wall St
Is It Smart To Buy Whirlpool Corporation (NYSE:WHR) Before It Goes Ex-Dividend?1 month ago | Simply Wall St
Why Whirlpool Corporation (NYSE:WHR) Looks Like A Quality CompanyValuation
Is Whirlpool undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WHR ($84.26) is trading below our estimate of fair value ($175.52)
Significantly Below Fair Value: WHR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WHR is good value based on its PE Ratio (4.5x) compared to the Consumer Durables industry average (7.7x).
PE vs Market: WHR is good value based on its PE Ratio (4.5x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: WHR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: WHR is overvalued based on its PB Ratio (1.7x) compared to the US Consumer Durables industry average (0.8x).
Next Steps
Future Growth
How is Whirlpool forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
-3.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WHR's earnings are forecast to decline over the next 3 years (-3.4% per year).
Earnings vs Market: WHR's earnings are forecast to decline over the next 3 years (-3.4% per year).
High Growth Earnings: WHR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: WHR's revenue is expected to decline over the next 3 years (-0.7% per year).
High Growth Revenue: WHR's revenue is forecast to decline over the next 3 years (-0.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WHR's Return on Equity is forecast to be high in 3 years time (24.8%)
Next Steps
Past Performance
How has Whirlpool performed over the past 5 years?
-10.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WHR has high quality earnings.
Growing Profit Margin: WHR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: WHR's earnings have declined by -10.4% per year over the past 5 years.
Accelerating Growth: WHR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WHR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Durables industry (9.8%).
Return on Equity
High ROE: Whilst WHR's Return on Equity (29.09%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Whirlpool's financial position?
Financial Position Analysis
Short Term Liabilities: WHR's short term assets ($7.4B) do not cover its short term liabilities ($8.4B).
Long Term Liabilities: WHR's short term assets ($7.4B) exceed its long term liabilities ($6.4B).
Debt to Equity History and Analysis
Debt Level: WHR's debt to equity ratio (121.2%) is considered high.
Reducing Debt: WHR's debt to equity ratio has increased from 75.1% to 121.2% over the past 5 years.
Debt Coverage: WHR's debt is well covered by operating cash flow (24.6%).
Interest Coverage: WHR's interest payments on its debt are well covered by EBIT (7x coverage).
Balance Sheet
Inventory Level: WHR has a high level of physical assets or inventory.
Debt Coverage by Assets: WHR's debt is covered by short term assets (assets are 1.5x debt).
Next Steps
Dividend
What is Whirlpool's current dividend yield, its reliability and sustainability?
5.47%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WHR's dividend (5.7%) is higher than the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: WHR's dividend (5.7%) is in the top 25% of dividend payers in the US market (5.49%)
Stability and Growth of Payments
Stable Dividend: WHR's dividends per share have been stable in the past 10 years.
Growing Dividend: WHR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.6%), WHR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WHR's dividends in 3 years are forecast to be well covered by earnings (28.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.5yrs
Average management tenure
CEO
Marc Bitzer (54yo)
2.42s
Tenure
US$13,999,494
Compensation
Mr. Marc Robert Bitzer has been the Chief Executive Officer of Whirlpool Corporation since October 1, 2017 and has been its Chairman of the Board since January 01, 2019. Mr. Bitzer has been President of Wh ...
CEO Compensation Analysis
Compensation vs Market: Marc's total compensation ($USD14.00M) is above average for companies of similar size in the US market ($USD7.36M).
Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Former CEO & Director | 2.42yrs | US$14.00m | 0.13% $7.1m | |
| Executive VP & CFO | 3.58yrs | US$4.01m | 0.034% $1.8m | |
| Executive VP & President of Latin America | 11.25yrs | US$4.85m | 0.043% $2.4m | |
| Executive VP & President of North America | 5.42yrs | US$4.80m | 0.044% $2.4m | |
| President of the Europe | 0.83yr | US$2.71m | 0.00030% $16.5k | |
| Senior Director of Investor Relations | no data | no data | no data | |
| General Counsel & Senior VP of Corporate Affairs | 8.67yrs | no data | no data | |
| Corporate Vice President of Communications & Public Affairs | 15.25yrs | no data | no data | |
| Vice President of Sales & Marketing | no data | no data | no data | |
| Senior VP & Chief Human Resources Officer | 1yr | no data | no data |
4.5yrs
Average Tenure
53yo
Average Age
Experienced Management: WHR's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Former CEO & Director | 2.42yrs | US$14.00m | 0.13% $7.1m | |
| Independent Director | 15.67yrs | US$386.78k | 0.0043% $236.9k | |
| Independent Director | 22.83yrs | US$304.84k | 0.012% $649.3k | |
| Independent Director | 10.25yrs | US$324.81k | 0.015% $801.5k | |
| Independent Director | 16.42yrs | US$333.44k | 0.0059% $324.9k | |
| Independent Director | 9.67yrs | US$310.54k | 0.0016% $88.0k | |
| Presiding Director | no data | US$336.45k | 0.023% $1.3m | |
| Independent Director | 8.58yrs | US$291.56k | 0.010% $568.4k | |
| Independent Director | 6yrs | US$291.45k | 0.0092% $505.8k | |
| Independent Director | 7yrs | US$294.47k | 0.015% $824.1k |
9.7yrs
Average Tenure
65.5yo
Average Age
Experienced Board: WHR's board of directors are considered experienced (9.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WHR insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Whirlpool Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Whirlpool Corporation
- Ticker: WHR
- Exchange: NYSE
- Founded: 1911
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: US$5.497b
- Shares outstanding: 62.68m
- Website: https://www.whirlpoolcorp.com
Number of Employees
Location
- Whirlpool Corporation
- 2000 North M-63
- Benton Harbor
- Michigan
- 49022-2692
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WHR | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| 0LWH | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| WHR | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| WHR | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Jan 1968 |
| WHR * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1968 |
| WHR | BRSE (Berne Stock Exchange) | Yes | Common Stock | CH | CHF | Jan 1968 |
| W1HR34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 4 REPR 1 COM | BR | BRL | Jan 2020 |
Biography
Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company’s principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers. The company markets and distributes its products primarily under the Whirlpool, Maytag, KitchenAid, JennAir, Amana, Roper, Admiral, Affresh, Gladiator, Speed Queen, Hotpoint, Bauknecht, Indesit, Ignis, Laden, Privileg, KIC, Consul, Brastemp, Acros, Ariston, Diqua, and Royalstar brands. It sells its products to retailers, distributors, dealers, builders, and other manufacturers, as well as directly to consumers. The company was founded in 1911 and is headquartered in Benton Harbor, Michigan.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 00:50 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.