Whirlpool paid a reliable dividend for years before slashing it to zero, and three popular high-yield stocks are now showing the same early warning signs investors ignored then.
Whirlpool (NYSE:WHR | WHR Price Prediction) shows how fast a reliable payout can disappear. The appliance maker paid $1.75 per share per quarter through early 2025, then cut it to $0.90 and suspended its common dividend in the first quarter of 2026 to prioritize deleveraging. The shares have fallen 61.19% over the past year. Red flags appeared early. In 2025, operating cash flow of $481 million barely exceeded $389 million in capital spending, leaving almost nothing for the $299 million dividend. A high yield matters only if the company can keep paying it.
Here is the test: a dividend becomes unsustainable when it costs more than the company earns, when free cash flow (operating cash flow minus capital spending) can’t cover it, or when rising debt is filling the gap. All three stocks below are ordinary corporations, so earnings per share and free cash flow are the right measures. (We listed seven warning signs that a big yield is about to get slashed in our dividend trap guide here: Dividend Traps.)
Clorox: A Dividend Aristocrat Paying Out More Than It Earns
Clorox (NYSE:CLX) recently raised its quarterly payout from $1.24 to $1.25 per share, or $5 per year. At $86.39, that is a yield of about 5.8%. The shares are down 23.02% over the past year, so part of that yield comes from the falling price rather than from dividend growth.
Trailing dividends of $4.97 per share compare with trailing EPS of $4.81, a payout ratio of about 103%. Fiscal 2026 operating cash flow fell 37.61% to $612 million. After $207 million in capex, free cash flow was about $405 million, well short of the roughly $601 million the trailing dividend costs across the share count. Total liabilities rose 48.49% to $7.542 billion after the GOJO acquisition, against shareholders’ equity of just $252 million.
Cash flow took a one-time $476 million hit from the termination payment from the Glad joint venture. Fiscal 2027 adjusted EPS guidance of $5.70 to $6.00 would put the payout at about 88% at the low end. For the dividend to look safe, Clorox needs gross margin back near its roughly 42% target and free cash flow that covers the dividend without new borrowing. Our earlier look at whether Clorox’s earnings can keep up with its dividend covers the debate in more detail.
General Mills: A 127-Year Streak Running on Thinner Cash
General Mills (NYSE:GIS) pays $0.61 a quarter, or $2.44 a year, for a yield of about 7.1% at $34.36. The company points to 127 consecutive years of uninterrupted dividends. Much of the yield, though, comes from a 23.33% drop in the stock over the past year.
Trailing GAAP EPS stands at -$1.64 after $1.75 billion in goodwill and intangible impairments, most of them tied to North America Pet. Fiscal 2026 free cash flow fell 29.07% to $1.6263 billion. In the first quarter of fiscal 2027, operating cash flow of $297.8 million minus $90.5 million of capex left about $207.3 million, against $330.5 million in dividends paid. Shareholders’ equity fell 21.63%.
Adjusted EPS guidance of $3.00 to $3.20 puts the payout at about 81% at the low end, and management is targeting at least $750 million in savings. Still, management is guiding adjusted operating profit down 13% to 8% in constant currency. Organic sales need to steady before this payout looks comfortable. We noted the fine print behind General Mills’ dividend earlier this year.
Ford: Strong Cash Guidance Resting on a Shaky GAAP Base
Ford Motor (NYSE:F) pays a regular dividend of $0.15 a quarter, about 5.2% at $11.59. The shares are down only 1.67% over the past year, so this yield owes less to a collapsing price than the other two.
The problems are elsewhere. Trailing GAAP EPS is -$1.88, and second-quarter results included $4.2 billion in pre-tax special-item charges. Debt-to-equity is 4.66 and interest coverage is 2.02, although both figures include Ford Credit’s lending book. Free cash flow was -$1.874 billion in the first quarter, and second-quarter free cash flow fell 50.48%. Model e is still expected to lose approximately $4.0 billion this year.
For the optimist: adjusted free cash flow guidance of $6.0 to $7.0 billion comfortably covers the regular dividend’s roughly $2.35 billion annual cost. That guidance excludes major Middle East escalation, a U.S. downturn, and new tariffs, the risks that would test the payout.
Check the Coverage Before You Chase the Yield
When a dividend is cut, the stock usually drops alongside it, so investors take two losses at once. Run every high yielder through the same checks: earnings coverage, free cash flow, debt, and the stock’s price trend. A big yield is never a reason to buy on its own. For more payouts showing similar stress, see our list of high-yield stocks where the payout math is flashing warning signs.
Contact [email protected] for any questions or corrections.
Key Takeaways Whirlpool's Q3 earnings are projected to plunge 62.7%, while revenues are expected to decline 3% to $3.91B.Weak housing demand, subdued consumer sentiment and rising input costs may weigh on Whirlpool's Q3 results.KitchenAid's strong demand and market-share gains may support WHR's SDA unit despite major appliance weakness.
Whirlpool Corporation (WHR - Free Report) is expected to witness declines in its top and bottom lines when it reports third-quarter 2026 results on Oct. 26.
The household appliance company’s quarterly revenues are pegged at $3.91 billion, down 3% from the prior-year quarter’s figure. The consensus estimate for quarterly earnings has moved downward in the past 30 days to 78 cents per share. However, the consensus mark for earnings indicates a 62.7% fall from the year-ago quarter’s figure.
Whirlpool delivered a negative earnings surprise of 5% in the last reported quarter. The bottom line has missed estimates by 53.9%, on average, over the trailing four quarters.
Key Points to Note Ahead of WHR’s Q3 ResultsWhirlpool is likely to have faced continued demand-related challenges in the third quarter of 2026, particularly in the North American major domestic appliances business. The sluggish housing market and weak consumer sentiment may have weighed on appliance purchases, limiting demand for discretionary upgrades and new installations. With industry demand largely driven by replacement purchases rather than housing-related activity, Whirlpool's sales volumes are likely to have remained under pressure. The challenging demand environment may also have constrained the company's ability to generate stronger sales momentum despite ongoing product innovation.
The Zacks Consensus Estimate for MDA North America is currently pegged at $2657 million, indicating a decline of 2.4%.
Another concern for Whirlpool's third-quarter performance is likely to have been persistent cost inflation and tariff-related pressures. Elevated steel and base metal prices, along with rising resin and fuel costs, may have increased manufacturing and transportation expenses. Although Whirlpool has been implementing pricing actions and cost-saving initiatives to offset these pressures, higher input costs and continued tariff expenses may have limited the benefits. Moreover, several manufacturing footprint optimization initiatives are expected to deliver most of their savings over a longer period, potentially restricting their contribution to third-quarter profitability.
Whirlpool's Latin American business is also likely to have encountered challenges from intense promotional competition, particularly in Brazil. Aggressive promotional activity and an unfavorable product mix have been weighing on the region's profitability. Although the company introduced additional pricing actions in Brazil during August, the benefits were expected to build gradually through the quarter, potentially limiting their immediate impact. Meanwhile, consumer preference for lower-priced appliances in North America may have created additional product-mix pressure, as some buyers remained focused on maintaining their spending budgets despite higher appliance prices.
Performance across Whirlpool's business segments is likely to have remained mixed in the third quarter, with the Small Domestic Appliances (SDA) business expected to demonstrate greater resilience amid persistent macroeconomic challenges. KitchenAid's strong underlying consumer demand, premium product innovations, expanding direct-to-consumer presence and market-share gains may have supported SDA performance. The expected normalization of retailer inventories following earlier destocking could have provided additional support. Meanwhile, the major appliances business is likely to have remained pressured by sluggish housing activity, subdued consumer sentiment and continued product-mix challenges, as cost-conscious shoppers remained focused on lower-priced options.
The Zacks Consensus Estimate for SDA is currently pegged at $322 million, indicating growth of 11.8%.
What the Zacks Model Unveils for WHROur proven model doesn’t conclusively predict an earnings beat for Whirlpool this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.
Whirlpool currently has an Earnings ESP of -74.5% and a Zacks Rank #5 (Strong Sell). You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Valuation Picture of WHR StockWith a forward 12-month price-to-earnings ratio of 8.49x, which is below the five-year high of 21.11x and below the Household Appliances industry’s average of 12.87x, the stock offers compelling value for investors seeking exposure to the sector.
Image Source: Zacks Investment Research
The recent market movements show that WHR’s shares have lost 25.7% in the past three months compared with the industry's 12.5% decline.
Image Source: Zacks Investment Research
Stocks Poised to Beat Earnings EstimatesHere are some companies that, according to our model, have the right combination of elements to post an earnings beat:
Marriott Vacations Worldwide Corporation (VAC - Free Report) has an Earnings ESP of +10.02% and a Zacks Rank of 1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Marriott Vacations is expected to register a 45% increase in earnings for the to-be-reported quarter. VAC reported better-than-expected earnings in the trailing three out of four quarters and missed once, the average surprise being 1.3%.
V.F. Corporation (VFC - Free Report) currently has an Earnings ESP of +5.52% and a Zacks Rank of 3. VFC is likely to register top-line growth when it reports second-quarter fiscal 2027 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $2.7 billion, indicating a 3.9% decline from the figure reported in the year-ago quarter.
The consensus estimate for VFC’s earnings has remained stable at 51 cents per share in the past 30 days. The consensus estimate indicates a decline of 1.9% from the year-ago quarter’s actual. VFC has a trailing four-quarter earnings surprise of 33.9%, on average.
Cintas Corporation (CTAS - Free Report) currently has an Earnings ESP of +0.24% and a Zacks Rank of 2. CTAS is likely to register growth in its bottom and top lines when it reports second-quarter fiscal 2027 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $3 billion, indicating 7.9% growth from the figure reported in the year-ago quarter.
The consensus estimate for CTAS’ first-quarter earnings is pegged at $1.36 a share, implying a 12.4% increase from the year-earlier quarter. The consensus mark has been stable in the past seven days.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
, /PRNewswire/ -- The Whirlpool Corp. board of directors has appointed Karin Risi, a former Vanguard senior executive with more than 30 years of experience in asset and wealth management, effective immediately. Risi will serve on the Finance and Human Resources committees.
Karin Risi "Karin's exceptional leadership in asset management, strategic growth, digital innovation and global operations, combined with her extensive governance experience, makes her an invaluable addition to our board as we continue driving meaningful value and long-term success for our shareholders and consumers," said Marc Bitzer, chairman and CEO of Whirlpool Corp.
During her 28-year career at Vanguard, Risi served as managing director and chief strategy and product officer, overseeing enterprise strategy, business development, and global product development for a $12 trillion investment platform serving more than 50 million investors. She previously served as managing director of Vanguard Personal Investor, leading the business strategy, financial performance, digital transformation, and client experience for millions of individual investors. Risi also led the effort to build and launch Vanguard's Personal Advisor wealth management business, a strategic growth engine for the firm. Earlier in her career, she held leadership roles of increasing responsibility in investment analysis, corporate strategy, and institutional asset management.
Risi holds a bachelor's degree in finance and an MBA from Villanova University. She currently serves as an independent director of SEI Investments Company and HarbourVest Partners.
About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales - close to 90% of which were in the Americas - 41,000 employees, and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.
Whirlpool (WHR - Free Report) closed at $26.46 in the latest trading session, marking a -5.13% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.41% for the day. Meanwhile, the Dow lost 0.07%, and the Nasdaq, a tech-heavy index, added 1.11%.
The stock of maker of Maytag, KitchenAid and other appliances has fallen by 12.76% in the past month, lagging the Consumer Discretionary sector's gain of 0.85% and the S&P 500's gain of 1.46%.
Analysts and investors alike will be keeping a close eye on the performance of Whirlpool in its upcoming earnings disclosure. The company's upcoming EPS is projected at $1.01, signifying a 51.67% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $3.99 billion, down 1.07% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.25 per share and a revenue of $14.92 billion, indicating changes of -63.88% and -3.92%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Whirlpool. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Currently, Whirlpool is carrying a Zacks Rank of #5 (Strong Sell).
In terms of valuation, Whirlpool is currently trading at a Forward P/E ratio of 12.4. This indicates a discount in contrast to its industry's Forward P/E of 14.93.
We can also see that WHR currently has a PEG ratio of 12.4. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Household Appliances industry was having an average PEG ratio of 6.42.
The Household Appliances industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 236, this industry ranks in the bottom 5% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow WHR in the coming trading sessions, be sure to utilize Zacks.com.
, /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) will release its third-quarter financial results and presentation materials at 4:05 p.m. ET on Monday, October 26th, 2026. Whirlpool Corporation will hold a conference call to discuss its performance with the investment community at 8 a.m. ET on Tuesday, October 27th, 2026.
To participate in the conference call, dial 1 (888) 440-4038 and Conference ID 2610251. International participants should dial 1 (646) 960-0861 and Conference ID 2610251. Participants should dial in at least 10 minutes prior to the call, as they may experience longer than usual wait times.
The conference call will be webcast live on the Company's website at investors.whirlpoolcorp.com and may be accessed by clicking on the "News & Events" tab located at the top of the page, and by clicking on "Events & Presentations". To listen to the live webcast, participants should visit the site at least 15 minutes prior to the conference call to download any required streaming media software. Key financial statistics, the earnings presentation, and an archived recording of the conference call will be available on the Company's website for at least 30 days.
About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales - close to 90% of which were in the Americas - 41,000 employees, and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.
Website Disclosure
We routinely post important information for investors on our website, WhirlpoolCorp.com, in the "Investors" section. We also intend to update the Hot Topics Q&A portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.
Invesco Mortgage Capital (IVR), MFA Financial (MFA), and five others lead the October Dividend Power list with high yields and 'safer' dividends backed by free cash flow. Top ten Dividend Power stocks are projected to deliver average net gains of 86.23% by October 2027, with analyst targets indicating significant upside potential. Dividend Power strategy focuses on high earnings yield and top dividend yield, favoring underpriced, high-yielding 'underdog' stocks for contrarian, income-focused investors.
Whirlpool Corporation (NYSE:WHR – Get Free Report)’s share price reached a new 52-week low on Monday. The company traded as low as $28.23 and last traded at $28.5110, with a volume of 88,846 shares traded. The stock had previously closed at $28.83.
Analyst Upgrades and Downgrades A number of equities research analysts have issued reports on the stock. Wall Street Zen upgraded shares of Whirlpool from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. BNP Paribas Exane assumed coverage on Whirlpool in a research report on Monday, July 13th. They issued a “neutral” rating and a $43.00 price target on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday, August 5th. The Goldman Sachs Group set a $41.00 target price on Whirlpool in a research note on Monday. Finally, Raymond James Financial restated a “market perform” rating on shares of Whirlpool in a research note on Wednesday, August 19th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, Whirlpool has a consensus rating of “Reduce” and a consensus price target of $38.56.
View Our Latest Research Report on WHR
Whirlpool Stock Performance The firm’s 50 day moving average price is $36.79 and its 200-day moving average price is $42.02. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 9.87, a P/E/G ratio of 12.81 and a beta of 1.21. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.15 and a quick ratio of 0.71. Whirlpool (NYSE:WHR – Get Free Report) last released its earnings results on Monday, August 3rd. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.15). Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The company had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.55 billion. During the same quarter in the previous year, the company earned $1.34 earnings per share. Whirlpool’s revenue for the quarter was down 6.8% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, analysts anticipate that Whirlpool Corporation will post 2.25 earnings per share for the current year.
Institutional Inflows and Outflows Several institutional investors and hedge funds have recently made changes to their positions in the stock. Primecap Management Co. CA bought a new position in shares of Whirlpool during the 2nd quarter worth about $141,801,000. RWWM Inc. boosted its position in shares of Whirlpool by 191.6% during the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock valued at $130,628,000 after acquiring an additional 1,591,849 shares in the last quarter. Canada Pension Plan Investment Board acquired a new stake in shares of Whirlpool during the 2nd quarter valued at about $61,003,000. Nykredit A S bought a new stake in Whirlpool in the second quarter valued at about $51,953,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in Whirlpool in the second quarter valued at about $24,601,000. Institutional investors own 90.78% of the company’s stock.
Whirlpool Company Profile (Get Free Report)
Whirlpool Corporation is a global manufacturer and marketer of home appliances, serving consumers through a portfolio of well-known brands that includes Whirlpool, Maytag, KitchenAid, Amana and JennAir. Its products are sold through retailers, distributors and other channels to residential customers in multiple markets.
The company’s primary product categories include refrigerators and freezers, cooking appliances, dishwashers, washing machines and dryers. Through KitchenAid and other brands, Whirlpool also offers small domestic appliances and related products designed for food preparation and household use.
Whirlpool traces its history to 1911, when the Upton Machine Company began producing electric washing machines.
Read More Five stocks we like better than Whirlpool 3 REITs That May Win in a Higher Interest Rate Environment Broadcom’s Anthropic Bet Gets Bigger as $60 Billion Financing Raises the Stakes Insider Buying Signals Opportunity in H.B. Fuller, FocalTherics, Cardinal 5 Retail Picks to Watch as the Holiday Shopping Season Nears Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.
In the latest trading session, Whirlpool (WHR - Free Report) closed at $28.83, marking a -1.13% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.6%. Elsewhere, the Dow saw an upswing of 0.83%, while the tech-heavy Nasdaq appreciated by 0.64%.
Coming into today, shares of the maker of Maytag, KitchenAid and other appliances had lost 18.75% in the past month. In that same time, the Consumer Discretionary sector lost 0.15%, while the S&P 500 gained 1.34%.
Investors will be eagerly watching for the performance of Whirlpool in its upcoming earnings disclosure. The company is forecasted to report an EPS of $1.01, showcasing a 51.67% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.99 billion, down 1.07% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $2.25 per share and a revenue of $14.92 billion, demonstrating changes of -63.88% and -3.92%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Whirlpool. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Whirlpool is currently sporting a Zacks Rank of #5 (Strong Sell).
Investors should also note Whirlpool's current valuation metrics, including its Forward P/E ratio of 12.96. This valuation marks a discount compared to its industry average Forward P/E of 14.93.
We can additionally observe that WHR currently boasts a PEG ratio of 12.96. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Household Appliances was holding an average PEG ratio of 6.67 at yesterday's closing price.
The Household Appliances industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 239, this industry ranks in the bottom 3% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow WHR in the coming trading sessions, be sure to utilize Zacks.com.
A 17% yield sounds like a windfall until you check what's holding it up. These five payouts carry specific cracks in coverage, cash flow, or debt that income investors need to see before the next dividend date arrives.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Yield hunters can find payouts well above 5% right now, led by AGNC Investment (NASDAQ:AGNC), whose forward yield sits near 16.98% at the current share price. A yield is only worth what the company can keep paying. Like the names in our earlier look at ultra-high-yield stocks where coverage is cracking, the five stocks below show specific strain that income investors should understand before counting on the check.
Quick test: a dividend holds up when the right earnings base (EPS, AFFO, or net spread income) and free cash flow cover it well, and the balance sheet can carry it without new debt. Remember the math, too: yield is dividend divided by price, so a falling stock drives the yield up even when the payout stays the same.
AGNC Investment (AGNC): A 17% Yield Riding Thin Spread Income AGNC pays $0.12 per share monthly, or $1.44 a year. Management highlighted its “75th consecutive monthly dividend payment of 12 cents per share.”
That yield reflects a sliding stock, which is down 17.23% over the past month and 10.15% year to date. For a mortgage REIT, GAAP EPS swings too much to be useful. The right gauge is net spread and dollar roll income, which came in at 40 cents per share in the second quarter, down two cents from the first quarter, against 36 cents of dividends declared. That margin is thin, leverage stands at 7.4 times tangible equity, and tangible book value fell 5.6% in the first quarter. AGNC already cut from $0.16 to $0.12 in 2020.
The bull case: agency MBS spreads near 145 basis points support what management calls returns in the “15 to 17% range.” Keep an eye on whether spread income stays above 36 cents a quarter.
United Parcel Service (UPS): A Dividend Frozen Through a Rough Overhaul United Parcel Service (NYSE:UPS | UPS Price Prediction) pays $1.64 quarterly, or $6.56 a year, a forward yield near 7.03%. The stock is down 8.97% over the past month and 35.08% over five years.
Against trailing GAAP EPS of $5.38, the payout ratio runs about 122%. On guided adjusted EPS of approximately $7.22, it is still roughly 91%. Cash flow is just as tight: UPS expects free cash flow of approximately $5.5 billion for 2026 against around $5.4 billion in dividends, while also making a $1.3 billion pension contribution. Cash fell from $5.89B to $4.65B over six months, and interest expense rose 14.3%. The payout has stayed flat even as consolidated volume dropped 3.6% in the second quarter. Holding a dividend through that kind of stress is a warning sign.
What would have to go right: delivering the approximately $3 billion in expected 2026 savings. Keep an eye on whether full-year free cash flow actually covers the dividend bill.
EPR Properties (EPR): Solid Coverage, Heavier Debt Load EPR Properties (NYSE:EPR) pays $0.31 monthly, or $3.72 annualized, for a yield near 6.75%. Measured by the right metric for a REIT, coverage looks healthy: the dividend is about 69% of the low end of 2026 FFOAA guidance of $5.41–$5.57. The stock is up 16.28% year to date, so a falling share price is not what’s driving this yield.
The pressure is on the balance sheet. Debt-to-total-assets rose to 54% from 50%, net debt to adjusted EBITDAre climbed to 5.3x from 5.1x, and $450M of senior notes mature in December 2026. Topgolf and AMC each account for 13.1% of revenue. EPR stopped its dividend after April 2020 and resumed at $0.25, below the prior $0.3825. Keep an eye on the terms of the December refinancing.
W. P. Carey (WPC): Impairments Creeping Into a Reset Dividend W. P. Carey (NYSE:WPC) pays $0.95 quarterly, or $3.80 forward, a yield near 5.94%. The payout has gone up every quarter since cutting it from $1.071 to $0.86 in 2023, after the office spinoff. AFFO coverage is sound, with the dividend at about 73% of the low end of guidance.
The warning signs are in asset quality. Real estate impairments hit $79.4M in the second quarter after $40.0M in the first, versus $6.9M a year earlier. Same-store rental income in Europe fell 2.6%, tenant Hellweg went bankrupt, and net debt to adjusted EBITDA is 5.5x. Occupancy of 98.5% and 95% fixed-rate debt work in its favor. Keep an eye on whether impairments keep rising.
Whirlpool (WHR): A Ghost Yield Showing How Traps Close Some screens still show Whirlpool (NYSE:WHR) yielding about 6.15%, based on $1.80 in trailing payments. That yield no longer exists. Whirlpool cut its quarterly dividend from 1.75 to 0.9 in 2025, then suspended it. Speaking on the August earnings call, Whirlpool’s CFO called it “the prudent decision to suspend the common dividend to maximize our cash preservation.”
Every trap signal showed up first. The stock is down 61.02% over one year, second-quarter ongoing EPS was $(0.21), free cash flow used approximately $1.1 billion, and net debt stood at $5.8 billion. Any reinstatement likely depends on hitting the target of net debt below $5 billion.
Don’t Let the Yield Make the Decision When a dividend gets cut, the share price typically drops with it, so investors can lose both income and principal. As our earlier list of huge yields with even bigger warning signs showed, a high yield alone is not enough to justify a purchase. Check coverage, cash flow, and debt before relying on the payout (we put the seven red flags that most consistently precede a cut into a free dividend-trap guide here: Dividend Traps).
Contact [email protected] for any questions or corrections.
Shares of Whirlpool Corporation (NYSE:WHR – Get Free Report) hit a new 52-week low during trading on Monday. The stock traded as low as $29.62 and last traded at $29.8530, with a volume of 122612 shares traded. The stock had previously closed at $30.31.
Analyst Upgrades and Downgrades A number of brokerages have weighed in on WHR. Mizuho decreased their price target on shares of Whirlpool from $45.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, July 21st. Wells Fargo & Company dropped their price objective on Whirlpool from $42.00 to $39.00 and set an “equal weight” rating for the company in a report on Friday, September 11th. Wall Street Zen raised Whirlpool from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 8th. Citigroup reiterated a “neutral” rating on shares of Whirlpool in a report on Thursday, August 6th. Finally, Bank of America lowered their price target on Whirlpool from $38.00 to $31.00 and set an “underperform” rating for the company in a research report on Friday, September 11th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $45.44.
Read Our Latest Stock Report on Whirlpool
Whirlpool Trading Down 1.0% The stock has a market capitalization of $1.96 billion, a PE ratio of 10.27, a PEG ratio of 13.47 and a beta of 1.21. The company has a current ratio of 1.15, a quick ratio of 0.71 and a debt-to-equity ratio of 1.74. The business’s 50-day moving average is $37.65 and its two-hundred day moving average is $42.90. Whirlpool (NYSE:WHR – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.15). Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The company had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.55 billion. During the same period last year, the business earned $1.34 earnings per share. The company’s revenue for the quarter was down 6.8% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, analysts predict that Whirlpool Corporation will post 2.25 earnings per share for the current year.
Institutional Inflows and Outflows A number of institutional investors have recently made changes to their positions in the company. Primecap Management Co. CA acquired a new position in Whirlpool in the second quarter worth $141,801,000. RWWM Inc. lifted its position in shares of Whirlpool by 191.6% in the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock worth $130,628,000 after buying an additional 1,591,849 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Whirlpool in the 2nd quarter valued at about $61,003,000. Nykredit A S bought a new stake in shares of Whirlpool during the 2nd quarter valued at about $51,953,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Whirlpool during the second quarter worth about $24,601,000. 90.78% of the stock is owned by institutional investors and hedge funds.
Whirlpool Company Profile (Get Free Report)
Whirlpool Corporation is a global manufacturer and marketer of home appliances, serving consumers through a portfolio of well-known brands that includes Whirlpool, Maytag, KitchenAid, Amana and JennAir. Its products are sold through retailers, distributors and other channels to residential customers in multiple markets.
The company’s primary product categories include refrigerators and freezers, cooking appliances, dishwashers, washing machines and dryers. Through KitchenAid and other brands, Whirlpool also offers small domestic appliances and related products designed for food preparation and household use.
Whirlpool traces its history to 1911, when the Upton Machine Company began producing electric washing machines.
Further Reading Five stocks we like better than Whirlpool 5 Oversold Corners of the Market That Could Bounce If Breadth Finally Improves 3 Small-Cap Stocks With Catalysts That Could Put Them in the Spotlight Follow the Money: 5 AI Stocks Buying Back Shares by the Billions First Citizens BancShares vs MP Materials: A Tale of 2 Regulation Bets Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.
In the latest close session, Whirlpool (WHR - Free Report) was down 2.32% at $30.67. The stock fell short of the S&P 500, which registered a loss of 0.17% for the day. Elsewhere, the Dow lost 0.26%, while the tech-heavy Nasdaq lost 0.09%.
The maker of Maytag, KitchenAid and other appliances's shares have seen a decrease of 23.12% over the last month, not keeping up with the Consumer Discretionary sector's loss of 8.3% and the S&P 500's loss of 0.24%.
Investors will be eagerly watching for the performance of Whirlpool in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $1.01, reflecting a 51.67% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $3.99 billion, reflecting a 1.07% fall from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.25 per share and a revenue of $14.92 billion, indicating changes of -63.88% and -3.92%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for Whirlpool. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Whirlpool is currently a Zacks Rank #2 (Buy).
In terms of valuation, Whirlpool is presently being traded at a Forward P/E ratio of 13.96. This signifies a discount in comparison to the average Forward P/E of 14.93 for its industry.
Also, we should mention that WHR has a PEG ratio of 13.96. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Household Appliances industry currently had an average PEG ratio of 7.2 as of yesterday's close.
The Household Appliances industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 110, which puts it in the top 45% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow WHR in the coming trading sessions, be sure to utilize Zacks.com.
In the latest trading session, Whirlpool (WHR - Free Report) closed at $32.64, marking a +2.1% move from the previous day. The stock outpaced the S&P 500's daily gain of 1.49%. Elsewhere, the Dow gained 0.71%, while the tech-heavy Nasdaq added 2.26%.
Heading into today, shares of the maker of Maytag, KitchenAid and other appliances had lost 20.77% over the past month, lagging the Consumer Discretionary sector's loss of 7% and the S&P 500's gain of 0.1%.
Analysts and investors alike will be keeping a close eye on the performance of Whirlpool in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $1.01, reflecting a 51.67% decrease from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $3.99 billion, indicating a 1.07% decline compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.25 per share and a revenue of $14.92 billion, representing changes of -63.88% and -3.92%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Whirlpool. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Whirlpool presently features a Zacks Rank of #2 (Buy).
Looking at its valuation, Whirlpool is holding a Forward P/E ratio of 14.21. This expresses a discount compared to the average Forward P/E of 15.06 of its industry.
It's also important to note that WHR currently trades at a PEG ratio of 14.21. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Household Appliances industry had an average PEG ratio of 7.31.
The Household Appliances industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 45, placing it within the top 19% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Nykredit A S acquired a new stake in Whirlpool Corporation (NYSE:WHR – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 954,309 shares of the company’s stock, valued at approximately $37,619,000. Nykredit A S owned about 1.46% of Whirlpool as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of the business. Primecap Management Co. CA acquired a new position in shares of Whirlpool during the second quarter valued at $141,801,000. RWWM Inc. boosted its holdings in shares of Whirlpool by 191.6% in the first quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock valued at $130,628,000 after acquiring an additional 1,591,849 shares in the last quarter. Canada Pension Plan Investment Board bought a new position in Whirlpool during the second quarter valued at about $61,003,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Whirlpool in the 2nd quarter worth approximately $24,601,000. Finally, Norges Bank bought a new position in shares of Whirlpool in the fourth quarter valued at $31,959,000. Institutional investors own 90.78% of the company’s stock.
Whirlpool Stock Performance Shares of NYSE:WHR opened at $31.98 on Friday. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of 10.95, a price-to-earnings-growth ratio of 14.68 and a beta of 1.18. The business’s fifty day moving average price is $38.85 and its two-hundred day moving average price is $44.93. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.15 and a quick ratio of 0.71. Whirlpool Corporation has a fifty-two week low of $31.95 and a fifty-two week high of $94.82.
Whirlpool (NYSE:WHR – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.15). The firm had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.55 billion. Whirlpool had a return on equity of 4.18% and a net margin of 1.17%.The firm’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, analysts predict that Whirlpool Corporation will post 2.25 EPS for the current fiscal year. Wall Street Analysts Forecast Growth A number of equities research analysts have issued reports on WHR shares. Citigroup reiterated a “neutral” rating on shares of Whirlpool in a research report on Thursday, August 6th. Stifel Nicolaus cut their target price on Whirlpool from $45.00 to $37.00 and set a “hold” rating on the stock in a report on Thursday, July 23rd. Wall Street Zen upgraded Whirlpool from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 8th. Wells Fargo & Company lowered their price objective on Whirlpool from $42.00 to $39.00 and set an “equal weight” rating on the stock in a report on Friday, September 11th. Finally, Mizuho decreased their target price on Whirlpool from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $45.44.
Read Our Latest Analysis on Whirlpool
Whirlpool Profile (Free Report)
Whirlpool Corporation is a global manufacturer and marketer of home appliances. The company develops products designed for food preservation, laundry, cooking, dishwashing and other household needs, serving consumers through retail, e-commerce and builder channels.
Its product portfolio includes refrigerators and freezers, washing machines and dryers, ranges and ovens, dishwashers, microwaves and other kitchen appliances. Whirlpool markets products under brands including Whirlpool, Maytag, KitchenAid, Amana and JennAir, with brand availability varying by market.
Founded in 1911 as the Upton Machine Company, Whirlpool is headquartered in Benton Harbor, Michigan.
Featured Stories Five stocks we like better than Whirlpool J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning 2 Stocks Breaking Out Post-FOMC With One Thing in Common Lennar’s Q3 Miss Hides a Stronger Operating Story Beneath the Housing Slump These 3 Stocks Are Drawing Insider Buyers for Very Different Reasons Want to see what other hedge funds are holding WHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whirlpool Corporation (NYSE:WHR – Free Report).
Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.
A fat dividend yield can signal a stock worth buying or a company quietly falling apart, and telling the difference requires looking past the payout itself at the cash flow, debt load, and share price collapse hiding behind the number.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Yield is a promise, not a payment. When a stock advertises a payout that looks two or three times the market average, it usually means the market has already decided something is wrong. The screen below flags six US-listed names where the numbers behind the yield show real strain: shrinking cash flow, stretched coverage, or a share price that collapsed and inflated the yield mechanically. None of these companies has announced a cut. Each has warning signs a retirement-focused reader should understand before buying the yield.
A dividend becomes a trap when the company can no longer cover it from the right earnings base (EPS for corporates, FFO/AFFO for REITs, distributable cash flow for MLPs), when free cash flow falls short, or when the balance sheet is funding the payout with new debt. High yield alone is never enough.
Kraft Heinz (KHC) Kraft Heinz (NYSE:KHC | KHC Price Prediction) yields 6.47% on a $0.40 quarterly dividend that has not moved since the 2019-03-07 ex-date. The share price does the work: KHC trades at $24.49, down 54.96% over ten years. That is a yield inflated by capital destruction.
Q2 FY26 GAAP results included a $7.4 billion non-cash goodwill and intangible impairment, producing a $5.46 billion net loss, and North America adjusted operating income fell 15.8%. Trailing EPS is negative $2.88, and management’s $2.03 to $2.09 adjusted EPS guide for 2026 leaves room to cover the $1.60 annual payout, but only if the brand-investment push works.
Whirlpool (WHR) Whirlpool (NYSE:WHR) shows the clearest red flag on this list: the dataset contains no dividend record with an ex-date in May 2026, meaning the Q2 2026 common dividend was skipped after the company had already cut the quarterly payout from $1.75 to $0.90 starting with the 2025-08-29 ex-date. A mid-year skip after a cut is not reassurance.
The stock is down 61.21% over the past year to $32.11. Operating cash flow was negative $120 million in the quarter ended June 30, 2026, on top of negative $827 million the quarter before. Whirlpool issued $2.0 billion in secured bonds and put a $2.0 billion ABL facility in place, and that secured debt now sits senior to the common. The board has clear optionality to cut again.
Medical Properties Trust (MPW) Medical Properties Trust (NYSE:MPW) is an already-cut, still-stressed cautionary tale. The current healthcare REIT pays $0.09 per share quarterly, sharply reduced from historical levels. Using the right coverage lens for a REIT, Q2 FY26 NFFO was $0.15 per share, thin cover on the reduced payout once refinancing costs rise.
MPW carries adjusted net debt to EBITDAre of 8.9x, interest coverage of 1.9x, and roughly $9.5 billion in principal debt. It just issued $2.4 billion of secured notes at 9.25% due 2032 to retire lower-cost paper (the prior weighted-average rate was 5.369%). Add Prospect Medical bankruptcy recovery uncertainty and Swiss Medical Network rent coverage of only 0.3% of revenues on 5.8% of total assets, and the case for a further reduction is on the table.
United Parcel Service (UPS) United Parcel Service (NYSE:UPS) yields 6.64% on an annualized $6.56 dividend. Coverage looks stretched: FY2025 dividend payout was $5.398 billion against operating cash flow of $8.45 billion and capex of $3.685 billion. In the June 2026 quarter, operating cash flow of $887 million came in below the $1.356 billion dividend payout.
Q2 FY26 operating income fell 49.0% and net income fell 52.9% year over year, with consolidated volume down 3.6%. Management’s guided $5.4 billion in dividend payments versus $8.65 billion of adjusted operating profit and $7.22 adjusted EPS leaves a narrow margin if transformation savings slip.
Icahn Enterprises (IEP) Icahn Enterprises (NASDAQ:IEP) posts an eye-popping 28.6% yield only because the units trade at $6.98, down 62.22% over five years. The partnership has already reduced the payout twice recently: from $2.00 to $1.00 beginning with the 2023-08-17 ex-date, then to $0.50 beginning with the 2024-11-18 ex-date.
Q2 FY26 posted a $388 million net loss, adjusted EBITDA attributable to IEP swung to a $134 million loss, and indicative NAV dropped $765 million in one quarter to roughly $2.60 billion. Cash fell to $1.22 billion, down 67.7% year over year. The DRIP defaults to additional units rather than cash, a classic cash-preservation signal.
Clorox (CLX) Clorox (NYSE:CLX) is the softer entry, with a $1.25 quarterly dividend that has ratcheted higher each year and a one-year price decline of 29.65% to $83.37. Yield has risen because the stock has fallen.
Post-GOJO, total liabilities jumped to $7.54 billion, up 48.5% year over year, while shareholders’ equity shrank to $252 million, and cash sits at just $143 million. Full-year operating cash flow was $612 million against $602 million in dividend payments, and the quarter ended March 2026 showed operating cash flow of negative $122 million. FY2027 adjusted EPS guidance of $5.70 to $6.00 still covers the payout, but the cushion is thinner than income investors are used to.
What Income Investors Should Watch Cuts rarely happen in isolation. When a payout is reduced, the shares usually follow, punishing the very yield hunters the dividend attracted in the first place. Track free cash flow versus the payout, watch refinancings priced well above legacy debt, and treat a skipped or reduced dividend as new information (we cataloged the seven warning signs that a big yield is about to be cut in a free report you can grab here). Yield alone is never a buy thesis.
Contact [email protected] for any questions or corrections.
Engineers Gate Manager LP acquired a new stake in Whirlpool Corporation (NYSE:WHR – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 33,474 shares of the company’s stock, valued at approximately $1,320,000. Engineers Gate Manager LP owned about 0.05% of Whirlpool as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in the business. Newport Trust Company LLC increased its position in shares of Whirlpool by 10.2% during the fourth quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company’s stock valued at $172,505,000 after acquiring an additional 221,564 shares during the last quarter. Primecap Management Co. CA acquired a new position in shares of Whirlpool in the 2nd quarter worth approximately $141,801,000. RWWM Inc. boosted its position in shares of Whirlpool by 191.6% during the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock worth $130,628,000 after purchasing an additional 1,591,849 shares during the period. Geode Capital Management LLC boosted its position in shares of Whirlpool by 2.3% during the 4th quarter. Geode Capital Management LLC now owns 1,279,044 shares of the company’s stock worth $92,472,000 after purchasing an additional 29,162 shares during the period. Finally, Canada Pension Plan Investment Board acquired a new stake in Whirlpool in the 2nd quarter valued at approximately $61,003,000. 90.78% of the stock is currently owned by hedge funds and other institutional investors.
Whirlpool Trading Up 2.2% NYSE:WHR opened at $33.15 on Friday. The stock has a 50-day simple moving average of $39.03 and a 200-day simple moving average of $45.02. The stock has a market cap of $2.16 billion, a P/E ratio of 11.35, a P/E/G ratio of 14.41 and a beta of 1.18. Whirlpool Corporation has a 1 year low of $32.12 and a 1 year high of $94.82. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.71 and a current ratio of 1.15.
Whirlpool (NYSE:WHR – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.15). The company had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.55 billion. Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The business’s revenue for the quarter was down 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.34 earnings per share. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, analysts anticipate that Whirlpool Corporation will post 2.25 earnings per share for the current fiscal year. Wall Street Analysts Forecast Growth Several equities research analysts recently issued reports on the company. Stifel Nicolaus cut their price objective on Whirlpool from $45.00 to $37.00 and set a “hold” rating on the stock in a report on Thursday, July 23rd. Citigroup reissued a “neutral” rating on shares of Whirlpool in a research note on Thursday, August 6th. Zacks Research raised shares of Whirlpool from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 6th. Wall Street Zen upgraded shares of Whirlpool from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. Finally, Royal Bank Of Canada raised their price target on shares of Whirlpool from $30.00 to $32.00 and gave the company an “underperform” rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $45.44.
Get Our Latest Report on WHR
About Whirlpool (Free Report)
Whirlpool Corporation is a global manufacturer and marketer of home appliances. The company develops products designed for food preservation, laundry, cooking, dishwashing and other household needs, serving consumers through retail, e-commerce and builder channels.
Its product portfolio includes refrigerators and freezers, washing machines and dryers, ranges and ovens, dishwashers, microwaves and other kitchen appliances. Whirlpool markets products under brands including Whirlpool, Maytag, KitchenAid, Amana and JennAir, with brand availability varying by market.
Founded in 1911 as the Upton Machine Company, Whirlpool is headquartered in Benton Harbor, Michigan.
Featured Articles Five stocks we like better than Whirlpool Aeluma’s Selloff Could Be Setting Up Its Next Big Move Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip? The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks The Fed’s Rate Hike Could Backfire If Oil Prices Collapse
Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.
Whirlpool (WHR - Free Report) closed at $34.00 in the latest trading session, marking a -3.44% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.48%. At the same time, the Dow lost 0.29%, and the tech-heavy Nasdaq lost 0.56%.
Coming into today, shares of the maker of Maytag, KitchenAid and other appliances had lost 14.89% in the past month. In that same time, the Consumer Discretionary sector lost 3.76%, while the S&P 500 lost 0.82%.
The investment community will be paying close attention to the earnings performance of Whirlpool in its upcoming release. The company's earnings per share (EPS) are projected to be $1.01, reflecting a 51.67% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $3.99 billion, down 1.07% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.25 per share and revenue of $14.92 billion. These totals would mark changes of -63.88% and -3.92%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Whirlpool. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Whirlpool is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, Whirlpool is currently trading at a Forward P/E ratio of 15.65. This signifies no noticeable deviation in comparison to the average Forward P/E of 15.65 for its industry.
It's also important to note that WHR currently trades at a PEG ratio of 15.65. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Household Appliances industry had an average PEG ratio of 8.04 as trading concluded yesterday.
The Household Appliances industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 104, positioning it in the top 43% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
PLL Championship Week kicks off Sept. 15 with NYPD-FDNY, PLL and WLL stars playing under blue lights, with free giveaways, an appliance sweepstakes, and more.
, /PRNewswire/ -- As the Premier Lacrosse League (PLL) brings Championship Week to New York City, Pier 17 will light up on Tuesday, Sept. 15, when the PLL and Whirlpool brand present Lacrosse After Dark: Blue Light Edition, a glowing nighttime event inspired by the appliance brand's latest laundry innovation, UV Clean Technology. Set against the stunning Manhattan skyline and Brooklyn Bridge, the activation will feature NYPD and FDNY lacrosse teams alongside professional athletes from the PLL and Women's Lacrosse League (WLL).
Premier Lacrosse League And Whirlpool Brand Team Up For "Lacrosse After Dark" At Pier 17 In NYC Fans can attend the free event and put their skills to the test to win prizes, plus a chance to win VIP tickets to the championship game and their own Whirlpool® Front Load Laundry Tower with UV Clean Technology, which reduces bacteria in the wash without requiring high heat or harsh chemicals. As part of the broader collaboration with the NYPD and FDNY, Whirlpool brand will also donate a number of laundry towers with UV Clean to police precincts and firehouses across New York City.
"Whirlpool continues to help us create extraordinary ways to showcase the sport of lacrosse, and this one is especially meaningful," said Paul Rabil, co-founder and president of the Premier Lacrosse League. "We're bringing the NYPD, FDNY and the best players in the world together, while Whirlpool's donation of washers and dryers to precincts and firehouses in NYC will make an impact long after the lights are out."
Taking place from 6:30 to 9:30 p.m, the evening will begin with a special matchup between the NYPD and FDNY lacrosse teams honoring the heroes and spirit of New York City. At 7:30 p.m., the blue lights will turn on for a skills competition featuring PLL and WLL players participating in cross-bar, accuracy and other challenges. Select fans will also have the opportunity to test their skills and compete for prizes. The event will conclude with a high-energy showcase game featuring some of the best professional lacrosse players in the world from the PLL and WLL.
"This collaboration with the Premier Lacrosse League gives us a unique opportunity to showcase UV Clean Technology in a way fans will have to see to believe," said Morgan LaLonde, Senior Brand Manager at Whirlpool brand. "All while celebrating New York City's first responders through an event that brings together community, competition and innovation."
The partnership between the PLL and the Whirlpool brand began in 2023 as the league welcomed its eight teams into home markets. Since then, Whirlpool brand has become the inaugural founding partner of the Maryland Whipsnakes and a founding partner of the Women's Lacrosse League (WLL). Together, the organizations strive to expand access to the game through community initiatives and equipment restoration, all while creating unexpected lacrosse experiences in iconic locations—including a 2025 event that transformed a boat on the Chicago River into the first-ever floating turf field.
Lacrosse After Dark: Blue Light Edition is part of PLL Championship Week in New York, culminating with the 2026 PLL Championship on Sunday, Sept. 20, featuring the Philadelphia Waterdogs and Denver Outlaws and airing nationally on ABC.
About the Premier Lacrosse League
The Premier Lacrosse League (PLL) powered by Ticketmaster is a men's professional lacrosse league in North America, composed of eight teams rostered by the best players in the world. Co-founded by lacrosse superstar, philanthropist, and investor Paul Rabil and his brother, serial entrepreneur and investor, Mike Rabil, the PLL is backed by an investment group composed of Joe Tsai Sports, The Chernin Group, Arctos, Brett Jefferson Holdings, The Raine Group, Creative Artists Agency (CAA), The Kraft Group, Bolt Capital and other top investors in sports and media. The PLL is distributed through an exclusive media rights agreement with ABC, ESPN, ESPN2, and ESPN+. The PLL was named 2023 Best Place to Work in Sports, and 2020 Sports Breakthrough by the Sports Business Journal, and recognized as a 2021 Best Employer in Sports by Front Office Sports. For more on the league, visit www.premierlacrosseleague.com and follow on social media: Instagram (@PLL), Twitter (@PremierLacrosse), Facebook (@PremierLacrosseLeague), YouTube (YouTube.com/PLL) and TikTok (@pll).
About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales - close to 90% of which were in the Americas - 41,000 employees, and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.
Press Contact:
Eric Nemeth
premierlacrosseleague.com/
Whirlpool's dividend suspension came with a 49% stock plunge, and four other high-yielding names are flashing the same warning signs that trapped income investors before the ax fell.
Income investors who chase the biggest yield often end up owning the biggest cut. Whirlpool has already shown how fast the trap can spring: management “made the prudent decision to suspend the common dividend to maximize our cash preservation, improving near-term liquidity” during a year in which the stock has fallen 49.15% year to date. Every name below carries at least one of the same warning signs.
A dividend becomes unsustainable when the payout consistently outruns the earnings base a company actually generates (EPS for ordinary corporates), when free cash flow after capital spending will not cover it, or when the payout is being held together with borrowing while revenue and margins shrink.
Whirlpool (NYSE: WHR): Suspension Already In Effect Whirlpool (NYSE:WHR | WHR Price Prediction) is the cautionary tale that sets the tone for this list. The appliance maker had been paying a quarterly dividend before the board suspended it, and the shares have been decimated: down 60.9% over the past year and 78.62% over five years, taking the market cap to roughly $2.30 billion.
The math from recent earnings was brutal. Ongoing EPS came in at -$0.56 in Q1 2026 and -$0.21 in Q2, and free cash flow was “a consumption of approximately $1.1 billion” in the second quarter alone. Net debt sat at $5.8 billion, and interest expense for the year is guided near $350 million. Full-year free cash flow guidance of $300 million would not have supported the prior payout.
Even if Whirlpool eventually restores a dividend, covenants on the $2.00 billion of secured bonds and asset-based facility will constrain how much cash can leave the company.
Kraft Heinz (NASDAQ: KHC): Payout Frozen, Brands Impaired Kraft Heinz (NASDAQ:KHC) has held its quarterly dividend at $0.40 per share in every recorded quarter from 2020 through the latest 2026 declaration. That looks stable until you compare it to the $0.625 paid in 2018: a payout that has stayed flat for years signals a “held” dividend under stress.
Q2 FY26 delivered $7.4 billion in non-cash goodwill and intangible impairments, a direct signal of brand-value erosion, and produced a GAAP net loss of $5.46 billion on revenue of $6.26 billion. Full-year adjusted EPS is guided at $2.03 to $2.09 against an annualized dividend rate of $1.60, with interest expense of roughly $890 million and organic sales guided -0.5% to -2.0%.
The bull case is that management is “preserving a very strong balance sheet and cash flow” while stepping up marketing. That still leaves adjusted EPS coverage of the payout tight if the brand investment does not restore volume.
Conagra Brands (NYSE: CAG): The Cut Already Happened, Risk Remains Conagra Brands (NYSE:CAG) is the second name on this list where the trap has already snapped. The quarterly dividend was reduced from $0.35 to $0.175 per share, an annualized rate of $0.70, with the first reduced payment made on September 2, 2026.
Even at the lower rate, the recent earnings picture is not comfortable. FY27 adjusted EPS is guided at $1.40 to $1.50, net debt stands at $7.05 billion at 3.83x adjusted EBITDA, and organic net sales are guided -1% to -3%. FY26 saw $2.9 billion of impairments, and Q1 FY27 produced a GAAP net loss of $1.62 billion. The shares have fallen 19.06% over the past year.
For the reset payout to hold, management needs the pricing, productivity, and volume recovery detailed on the call to actually stick.
Dow (NYSE: DOW): Payout Already Halved, Cycle Still Volatile Dow (NYSE:DOW) trimmed its quarterly dividend from $0.70 to $0.35 beginning with the ex-dividend date of August 29, 2025. Shares have rebounded, up 28.34% year to date, but the five-year return remains -36.93%.
Q1 2026 delivered a GAAP net loss of $445 million, before a Q2 rebound to $802 million in net income on a 30% surge in polyethylene prices. Management has made the priorities plain: “With improved earnings and cash conversion, we will prioritize any excess cash towards the deleveraging”, with Q3 EBITDA guided down to approximately $1.7 billion. Annual 2025 operating cash flow of $1.03 billion was well short of capital expenditures of $2.48 billion.
The reset payout is safer than the old one, but a cyclical chemicals business with an investment-grade commitment and a heavy capex plan leaves less room than a 4%-plus headline yield suggests.
T. Rowe Price (NASDAQ: TROW): Coverage Fine Today, Trend Line Not T. Rowe Price (NASDAQ:TROW) is the softest warning on this list. The regular quarterly dividend has stepped up to $1.30, and adjusted diluted EPS of $2.57 in Q2 FY26 covers it comfortably. The balance sheet carries no debt burden.
The problem in the case of T. Rowe Price is its direction. The firm ended Q2 with $1.9 trillion in assets under management and $6.5 billion in Q2 net outflows, after $13.70 billion of outflows in Q1. The effective fee rate has slipped to 38.1 basis points, and management said “Fundamental active equity remains under pressure, and we expect that to continue in the second half of the year”, with second-half flows likely “meaningfully more challenging than the first half.”
The near-term payout looks safe. The real exposure is a market drawdown that would compress AUM, fees, and earnings all at once, precisely when a retiree needs stability most.
What Income Investors Should Take Away Dividend cuts usually take the share price with them, which is exactly what happened at Whirlpool, Conagra, and Dow. Yield alone is never a buy thesis, and a payout that has been “held” through obvious operating stress is a warning worth heeding (we cataloged the seven signs a big yield is about to be cut in a free dividend trap guide). The right questions are always the same: does EPS cover the payout, does free cash flow cover it after capex, and is leverage rising to fund it? When two of those answers are no, the yield on the screen is telling a very different story than the checkbook.
Contact [email protected] for any questions or corrections.
Whirlpool (WHR - Free Report) closed the most recent trading day at $37.61, moving -4.3% from the previous trading session. This move lagged the S&P 500's daily loss of 0.58%. Meanwhile, the Dow experienced a drop of 1.18%, and the technology-dominated Nasdaq saw a decrease of 0.32%.
Coming into today, shares of the maker of Maytag, KitchenAid and other appliances had lost 6.81% in the past month. In that same time, the Consumer Discretionary sector lost 2.32%, while the S&P 500 lost 0.36%.
The investment community will be paying close attention to the earnings performance of Whirlpool in its upcoming release. The company is predicted to post an EPS of $1.01, indicating a 51.67% decline compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.99 billion, down 1.07% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.25 per share and a revenue of $14.92 billion, representing changes of -63.88% and -3.92%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Whirlpool. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Whirlpool currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Whirlpool currently has a Forward P/E ratio of 17.47. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 17.47.
It's also important to note that WHR currently trades at a PEG ratio of 17.47. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Household Appliances industry held an average PEG ratio of 8.95.
The Household Appliances industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 102, this industry ranks in the top 42% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Whirlpool is upgraded to 'buy' as decisive capital actions provide a multi-year runway for deleveraging and long-term value realization. WHR faces persistent demand headwinds from weak housing, inflation, and high rates, but cost cuts and price hikes aim to stabilize margins. Recent refinancing extends debt maturities, prioritizing bondholders and liquidity, with free cash flow yield projected at 15% and ~60% upside over four years.
A month has gone by since the last earnings report for Whirlpool (WHR - Free Report) . Shares have lost about 15% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Whirlpool due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
Whirlpool's Q2 Earnings Miss on Lower Volume and Cost PressuresWhirlpool reported a wider-than-expected ongoing loss and a sales miss for the second quarter of 2026, with both metrics deteriorating year over year. The company posted an ongoing loss of 21 cents per share for the second quarter of 2026, wider than the Zacks Consensus Estimate of a 20-cent loss. The result compared unfavorably with ongoing earnings of $1.34 per share a year ago.
Net sales declined 6.8% year over year to $3,517 million and missed the consensus mark of $3,602 million by 2.4%. Organic net sales fell 1.7% to $3,437 million, reflecting lower volumes and retailer inventory pressure, partly offset by pricing actions.
WHR's Profitability Faces Cost PressureGross profit fell 27.5% year over year to $442 million. The gross margin contracted about 360 basis points to 12.6% as lower volumes and inflationary pressures weighed on profitability.
Selling, general and administrative (SG&A) expenses declined 6.5% to $371 million. Ongoing EBIT plunged 69.1% to $62 million, while the ongoing EBIT margin narrowed 350 basis points to 1.8%. Tariffs, raw-material inflation and fuel costs remained key headwinds. GAAP net earnings available to common shareholders rose 14.2% to $75 million, aided by a $139 million gain on business disposals.
WHR’s Region-Wise Performance DetailsNet sales for the MDA North America segment declined 1.5% year over year to $2,408 million. Excluding currency effects, sales also fell 1.5% due to lower volumes stemming from an industry decline, partly offset by favorable price/mix. Segment EBIT dropped 55.4% to $64 million from $144 million, while the EBIT margin contracted 320 basis points to 2.7%. The margin decline reflected lower volumes and higher tariff, raw-material and fuel costs, partly offset by favorable price/mix. Sequentially, net sales rose 8% and the EBIT margin improved 240 basis points, aided by previously announced pricing actions.
Net sales from MDA Latin America increased 7.8% year over year to $868 million. Excluding currency impacts, however, sales declined 1.7% due to unfavorable price/mix in Brazil despite higher volumes. Segment EBIT fell 45.7% to $26 million from $48 million, and the EBIT margin contracted 300 basis points to 3%. The margin was pressured by unfavorable price/mix, partly offset by a favorable Brazil tax case-related gain. Whirlpool also announced price increases and structural cost actions aimed at restoring margins in Brazil.
Net sales in SDA Global edged up 0.5% year over year to $202 million. Excluding currency effects, sales decreased 1.2% as lower retailer inventories more than offset strong sell-out trends. Segment EBIT declined 30.8% to $24 million from $35 million, while the EBIT margin narrowed 540 basis points to 11.9%. The margin performance reflected planned marketing investments, partly supported by new product launches and direct-to-consumer expansion. Underlying demand remained positive, supported by strong sell-out and market-share gains globally.
Whirlpool’s Financial Health SnapshotWhirlpool ended the second quarter with cash and cash equivalents of $1,239 million, long-term debt of $6.8 billion and total stockholders’ equity of $3.9 billion. The company completed a $2 billion asset-based lending facility and issued $2 billion of secured bonds, clearing debt maturities until 2028.
For the first six months of 2026, Whirlpool used $947 million in operating cash, compared with $702 million used a year earlier. For the first-half of 2026, free cash flow was a negative $1,108 million from $856 million. Capital expenditures for the period increased to $162 million from $154 million.
Whirlpool Updates 2026 OutlookFor 2026, Whirlpool now expects net sales of approximately $15 billion and an ongoing EBIT margin of about 4% on the largest price increases. Net sales reflect nearly 1.5% growth compared with 2025 on like-for-like net sales of about $14.7 billion. Structural cost-reduction initiatives are expected to generate more than $150 million in savings, equivalent to approximately 100 basis points of margin expansion.
The company lowered its GAAP earnings guidance to $2.25-$2.75 per share from $2.45-$2.95 and reduced ongoing earnings guidance to $2.50-$3.00 from $3.00-$3.50, reflecting a new interest-expense outlook. It expects a GAAP tax rate of about 20% and an adjusted tax rate of approximately 25%. Cash provided by operating activities is projected at roughly $700 million, while free cash flow is expected to exceed $300 million. Whirlpool also targets year-end net debt of less than $5 billion.
How Have Estimates Been Moving Since Then?It turns out, fresh estimates flatlined during the past month.
VGM ScoresAt this time, Whirlpool has a poor Growth Score of F, a score with the same score on the momentum front. However, the stock has a grade of B on the value side, putting it in the second quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook Whirlpool has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
In the latest close session, Whirlpool (WHR - Free Report) was down 7.1% at $37.94. The stock's performance was behind the S&P 500's daily loss of 0.71%. At the same time, the Dow lost 0.79%, and the tech-heavy Nasdaq lost 1.03%.
Heading into today, shares of the maker of Maytag, KitchenAid and other appliances had gained 4.16% over the past month, outpacing the Consumer Discretionary sector's gain of 2.08% and the S&P 500's gain of 2.72%.
The investment community will be paying close attention to the earnings performance of Whirlpool in its upcoming release. The company's upcoming EPS is projected at $1.01, signifying a 51.67% drop compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.99 billion, down 1.07% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.25 per share and revenue of $14.92 billion. These totals would mark changes of -63.88% and -3.92%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Whirlpool. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 30.77% downward. Whirlpool is currently a Zacks Rank #3 (Hold).
Looking at valuation, Whirlpool is presently trading at a Forward P/E ratio of 18.15. This represents no noticeable deviation compared to its industry average Forward P/E of 18.15.
It is also worth noting that WHR currently has a PEG ratio of 18.15. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Household Appliances industry had an average PEG ratio of 9.31.
The Household Appliances industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 97, positioning it in the top 40% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow WHR in the coming trading sessions, be sure to utilize Zacks.com.
Callan Family Office LLC bought a new position in shares of Whirlpool Corporation (NYSE:WHR – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 23,489 shares of the company’s stock, valued at approximately $926,000.
Other institutional investors have also bought and sold shares of the company. Kelleher Financial Advisors acquired a new position in Whirlpool during the second quarter worth $28,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Whirlpool by 172.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock valued at $28,000 after purchasing an additional 246 shares in the last quarter. Silvant Capital Management LLC acquired a new stake in shares of Whirlpool in the 2nd quarter valued at $29,000. Garton & Associates Financial Advisors LLC bought a new stake in shares of Whirlpool in the 4th quarter worth about $35,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Whirlpool by 129.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after purchasing an additional 208 shares during the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.
Whirlpool Stock Down 0.5% Shares of NYSE WHR opened at $40.13 on Tuesday. Whirlpool Corporation has a 12-month low of $35.45 and a 12-month high of $96.57. The firm’s 50-day simple moving average is $39.30 and its 200 day simple moving average is $50.86. The company has a quick ratio of 0.71, a current ratio of 1.15 and a debt-to-equity ratio of 1.74. The company has a market cap of $2.62 billion, a price-to-earnings ratio of 13.74, a price-to-earnings-growth ratio of 17.93 and a beta of 1.16.
Whirlpool (NYSE:WHR – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.15). Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The company had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.55 billion. During the same quarter in the previous year, the business posted $1.34 EPS. The company’s revenue was down 6.8% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, research analysts expect that Whirlpool Corporation will post 2.25 earnings per share for the current fiscal year. Wall Street Analyst Weigh In WHR has been the subject of several analyst reports. Wall Street Zen raised shares of Whirlpool from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. Citigroup reaffirmed a “neutral” rating on shares of Whirlpool in a research note on Thursday, August 6th. Bank of America dropped their price objective on shares of Whirlpool from $43.00 to $36.00 and set an “underperform” rating for the company in a report on Monday, June 22nd. BNP Paribas Exane started coverage on shares of Whirlpool in a research note on Monday, July 13th. They issued a “neutral” rating and a $43.00 target price for the company. Finally, Zacks Research raised Whirlpool from a “strong sell” rating to a “hold” rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Whirlpool presently has a consensus rating of “Reduce” and an average target price of $46.33.
Get Our Latest Report on Whirlpool
About Whirlpool (Free Report)
Whirlpool Corporation is a leading global manufacturer and marketer of home appliances, with a product portfolio that spans major categories such as laundry, refrigeration, cooking, dishwashing and small electrics. Headquartered in Benton Harbor, Michigan, the company designs, produces and distributes its appliances through a network of wholly owned manufacturing facilities, joint ventures and third-party partners. Whirlpool serves both retail and professional markets, offering products under its flagship Whirlpool brand as well as several well-known names including Maytag, KitchenAid, JennAir, Amana, Brastemp and Consul.
In its laundry segment, Whirlpool provides top- and front-load washing machines, dryers and combination units designed to balance energy efficiency, capacity and convenience.
Further Reading Five stocks we like better than Whirlpool Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here Want to see what other hedge funds are holding WHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whirlpool Corporation (NYSE:WHR – Free Report).
Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.
Sweepstakes celebrates generations of memorable moments with Whirlpool, KitchenAid, Maytag, JennAir, Amana and InSinkErator
, /PRNewswire/ -- For 115 years, Whirlpool Corporation appliances have been part of America's most important moments from childhood kitchen memories to daily laundry routines. To celebrate, Whirlpool is inviting consumers to share photos of memories featuring its iconic brands and enter a sweepstakes for 115 new appliances — one for every year they've all been a part of America's homes.
The Whirlpool Corporation 115 Anniversary Sweepstakes invites consumers to submit photos at www.whirlpoolcorp115sweeps.com clearly showing Whirlpool, KitchenAid, JennAir, Maytag, Amana and/or InSinkErator playing a meaningful part of their story.
Whirlpool Corporation is the only American-owned kitchen and laundry appliance company and its products can be found in 3 out of 4 U.S. homes. The sweepstakes is designed to commemorate the company's legacy, brought to life in homes throughout the country.
"Generation after generation, Whirlpool has been proud to earn and maintain the trust of its consumers by delivering innovative home appliances that improve life at home every day," said Marc Bitzer, Whirlpool Corporation Chairman and CEO. "This milestone is a celebration of the memories we've helped create and a glimpse into the special moments – large and small – that we'll continue to be a part of for decades to come. After 115 years, we are proud to be the only major appliance company that started in America, stayed in America, and continues to invest in workers and factories across the country."
How to Enter
To learn more about the anniversary sweepstakes, giveaway and to submit a photo for a chance to win, visit www.whirlpoolcorp115sweeps.com and follow the on-screen instructions. Each submission should also include a caption of up to 300 characters that tells the story of the memory the photo contains. Participants will also be able to see a gallery of the photos others have submitted.
Entry deadline:
Entries may be submitted beginning at noon ET on August 20, 2026 and must be received by 11:59pm ET on September 27, 2026. Winners will be notified via email on September 28, 2026.
Prizes:
The sweepstakes winners may receive one of the following prizes:
30 KitchenAid® Pure Power Blenders 70 KitchenAid® Artisan® Series 5 Quart Tilt-Head Stand Mixers with Premium Accessory Pack 5 Whirlpool® Smart Front Load Washers with FreshFlow™ Vent System 5 Maytag® 5.0 cubic foot Smart Front Load Washers with Pet Pro Option 5 Whirlpool® Third Rack Dishwashers with Advanced ProDry™ System Where applicable, Whirlpool Corporation will arrange and pay for standard delivery, installation and haul-away of an existing appliance.
Eligibility:
No purchase or payment is necessary to enter or win. A purchase or payment of any kind will not increase your chances of winning. The sweepstakes is open only to legal residents of the forty-eight (48) contiguous United States and the District of Columbia who are eighteen (18) years of age or older at the time of entry. Void in Alaska, Hawaii and where prohibited by law.
About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales - close to 90% of which were in the Americas - 41,000 employees, and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.
Whirlpool Corporation has been named to Seramount's 2026 100 Best Companies list and achieved Pinnacle status on the 2026 Talent and Inclusion Index, reflecting its commitment to an inclusive, family-friendly workplace that aligns with the company's mission of improving life at home.
, /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) has received two workplace honors from Seramount, a strategic professional services and research firm. These honors include a place on the organization's 2026 100 Best Companies list and Pinnacle status on its 2026 Talent and Inclusion Index.
Seramount's 100 Best Companies list recognizes organizations setting the standard for inclusive, family-friendly workplace benefits and policies that support working parents and caregivers. Now in its more than 40-year history, the list highlights workplace practices that help employees and their families thrive.
The 2026 Talent and Inclusion Index from Seramount evaluates organizations' practices across key areas including workforce representation, recruitment, retention, advancement and company culture. Whirlpool Corporation has participated in the index for the last nine years, and this status reflects the company's strength in attracting, developing and retaining top talent.
"Being recognized by Seramount reflects our continued commitment to creating a workplace where people feel valued, included and empowered to grow," said Carey Martin, Whirlpool Corporation executive vice president and chief human resources officer. "We invest in our people at every stage of their career, helping build the workforce we need for the future while setting a strong standard for our industry."
Whirlpool Corporation supports employees at every stage of their life, offering benefits like paid parental and caregiver leave, time off, health and wellness resources, and opportunities to grow professionally. This focus stems from the core belief that supporting employees and their families is aligned with the company's long-standing mission of improving life at home.
Whirlpool Corporation's iconic brand portfolio includes Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. Approximately 80 percent of the major appliances the company sells in the U.S. are produced in the U.S., supported by more than 20,000 U.S. employees, including 14,000 manufacturing workers across 10 U.S. plants.
Seramount's 2026 100 Best Companies list and Talent and Inclusion Index recognize organizations based on comprehensive evaluations of workplace culture, benefits, and employee support. The assessment benchmarks companies on key drivers of success, including recruitment, retention, advancement, and inclusive culture, to measure their progress in fostering equitable and family-friendly environments.
About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales - close to 90% of which were in the Americas - 41,000 employees, and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.
Appliance maker Whirlpool reported Q2 results that came in below expectations on both the top and bottom lines. Forward guidance was also muted, with forecasts for both full-year revenues and EPS landing below consensus. The underperformance is due in part to the sluggish domestic housing market.
California State Teachers Retirement System boosted its position in shares of Whirlpool Corporation (NYSE:WHR – Free Report) by 24.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 65,195 shares of the company’s stock after buying an additional 12,878 shares during the quarter. California State Teachers Retirement System owned approximately 0.10% of Whirlpool worth $3,515,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the company. Empowered Funds LLC raised its position in shares of Whirlpool by 260.3% during the first quarter. Empowered Funds LLC now owns 7,386 shares of the company’s stock worth $398,000 after acquiring an additional 5,336 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in Whirlpool by 26.6% in the first quarter. Quantinno Capital Management LP now owns 62,747 shares of the company’s stock valued at $3,383,000 after acquiring an additional 13,202 shares during the last quarter. Whitebox Advisors LLC increased its position in Whirlpool by 33.8% in the first quarter. Whitebox Advisors LLC now owns 17,413 shares of the company’s stock worth $939,000 after purchasing an additional 4,400 shares during the period. SummitTX Capital L.P. acquired a new stake in Whirlpool in the first quarter worth about $4,406,000. Finally, OMERS ADMINISTRATION Corp bought a new stake in Whirlpool during the 1st quarter worth about $1,316,000. 90.78% of the stock is currently owned by institutional investors.
Whirlpool Stock Performance Shares of WHR opened at $43.18 on Friday. Whirlpool Corporation has a 12 month low of $35.45 and a 12 month high of $96.57. The firm has a fifty day simple moving average of $39.29 and a 200 day simple moving average of $54.39. The stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of 14.79, a PEG ratio of 19.24 and a beta of 1.16. The company has a current ratio of 1.15, a quick ratio of 0.48 and a debt-to-equity ratio of 1.74.
Whirlpool (NYSE:WHR – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.15). Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The business had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.55 billion. During the same quarter in the previous year, the firm posted $1.34 earnings per share. The firm’s quarterly revenue was down 6.8% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Research analysts forecast that Whirlpool Corporation will post 2.25 EPS for the current fiscal year.
Analysts Set New Price Targets WHR has been the topic of several recent research reports. Citigroup reaffirmed a “neutral” rating on shares of Whirlpool in a research note on Thursday. Mizuho dropped their price target on shares of Whirlpool from $45.00 to $40.00 and set a “neutral” rating for the company in a research note on Tuesday, July 21st. JPMorgan Chase & Co. cut their price objective on shares of Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Zacks Research upgraded shares of Whirlpool from a “strong sell” rating to a “hold” rating in a research report on Thursday. Finally, Royal Bank Of Canada increased their price target on Whirlpool from $30.00 to $32.00 and gave the company an “underperform” rating in a research note on Wednesday. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Whirlpool has an average rating of “Reduce” and an average price target of $46.88.
Get Our Latest Analysis on Whirlpool
Whirlpool Profile (Free Report)
Whirlpool Corporation is a leading global manufacturer and marketer of home appliances, with a product portfolio that spans major categories such as laundry, refrigeration, cooking, dishwashing and small electrics. Headquartered in Benton Harbor, Michigan, the company designs, produces and distributes its appliances through a network of wholly owned manufacturing facilities, joint ventures and third-party partners. Whirlpool serves both retail and professional markets, offering products under its flagship Whirlpool brand as well as several well-known names including Maytag, KitchenAid, JennAir, Amana, Brastemp and Consul.
In its laundry segment, Whirlpool provides top- and front-load washing machines, dryers and combination units designed to balance energy efficiency, capacity and convenience.
See Also Five stocks we like better than Whirlpool Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish Want to see what other hedge funds are holding WHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whirlpool Corporation (NYSE:WHR – Free Report).
Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEEmpowered Funds LLC Takes Position in ODDITY Tech Ltd. $ODD
NEXT HEADLINE »California State Teachers Retirement System Increases Holdings in Palomar Holdings, Inc. $PLMR
MarketBeat Week in Review – 07/27- 07/31Whirlpool NYSE: WHR said its second-quarter performance was in line with expectations as the appliance maker navigated softer industry demand, elevated input costs and promotional pressure in Latin America. The company reaffirmed its full-year operational outlook, while updating its earnings-per-share outlook to reflect higher interest expense following recent refinancing activity.
Chairman and Chief Executive Officer Marc Bitzer said the company delivered sequential margin improvement during the quarter and expects that progress to continue through the rest of 2026. He pointed to pricing actions, product launches, structural cost reductions and balance-sheet initiatives as key elements of Whirlpool’s plan to improve profitability and position itself for an eventual recovery in consumer sentiment and housing.
Get Whirlpool alerts:
Whirlpool’s Report May Show How Frozen the Housing Market Really IsSecond-quarter net sales totaled $3.5 billion. Ongoing EBIT margin improved 50 basis points sequentially to 1.8%, while ongoing earnings per share were negative $0.21. Free cash flow was a use of roughly $1.1 billion, which Bitzer attributed largely to lower earnings and seasonal working-capital needs.
Pricing and North American margin progress Whirlpool’s North American major domestic appliance business recorded $2.4 billion in second-quarter sales, up 8% sequentially. Segment EBIT margin improved by 240 basis points from the first quarter, supported by a promotional price increase, cost-reduction efforts and new products, partly offset by higher raw-material, fuel and tariff costs.
3 Sectors That Look Most Vulnerable Ahead of May 15Juan Carlos Puente, executive president of North America and Global Strategic Sourcing, said U.S. industry demand declined 3.4% year over year in the quarter. Still, he said Whirlpool maintained market share despite higher prices, aided by a replacement-driven demand environment and product innovation.
The company raised promotional pricing by more than 10% relative to first-quarter levels, effective in late April. It also implemented an approximately 4% list-price increase in July and expects builder pricing increases to benefit third-quarter results. Bitzer said the promotional increase affected only about two-thirds of the second quarter, leaving additional carryover benefits for the second half.
Whirlpool expects North America to post another significant margin step-up in the third quarter, Bitzer said, driven by the full effect of earlier promotional pricing, July list-price increases, builder pricing and continuing cost actions.
The company said recent product launches are supporting share performance. Puente said the Maytag top-load washer gained about one point of laundry share, while the Whirlpool UV laundry tower captured roughly 10 points of share in its category. The new KitchenAid suite drove 20% year-over-year brand-share growth, according to the company.
Cost actions and manufacturing footprint changes Whirlpool remains on track to deliver $150 million in cost reductions during 2026. The company expects about $60 million of that target to come from automation, $15 million from strategic sourcing and $20 million from corporate-center fixed-cost actions.
The company is also pursuing broader manufacturing and logistics changes that it expects to generate benefits beginning in the fourth quarter, with larger carryover effects in 2027 and 2028. Whirlpool is modernizing its Amana, Iowa, operations, investing $60 million in a new Perrysburg, Ohio, facility and shifting refrigeration production in Mexico to its Ramos facility.
Puente said the Amana project is expected to produce roughly $70 million in annualized EBIT benefits, while the Perrysburg investment is expected to provide about $30 million. Whirlpool is also reducing its number of local distribution centers to 94 from 126 and consolidating regional distribution and returns facilities. The company expects those logistics changes to unlock an additional $60 million in annualized EBIT benefits while keeping 97% of customers within 100 miles of a local distribution center.
Latin America and small-appliance performance In Latin America, sales excluding currency declined 2%, as unfavorable price mix more than offset higher volume in Brazil’s promotional environment. Segment EBIT margin was 3%, despite a net gain tied to a tax case.
Ludovic Beaufils, executive president of KitchenAid Small Appliances and Latin America, said Whirlpool implemented an approximately 5% price increase in Brazil that became fully effective in August. The company is also refreshing Brastemp laundry and refrigeration lines, preparing to launch a new French-door refrigerator, and conducting an operational review focused on reducing variable and fixed costs.
Whirlpool’s global small-appliance business generated an EBIT margin of about 12% in the second quarter, in line with expectations. Underlying demand was positive, with double-digit sell-through growth and global share gains, though a temporary trade inventory reduction weighed on reported sales. Beaufils said U.S. sell-through grew 16%, while global sell-through rose in the high teens.
New products, including the Artisan Plus stand mixer, fully automatic espresso machines and the Pure Power Blender, are expected to support second-half performance. The company said its espresso machines entered a U.S. category that grew more than 25% through May 2026.
Liquidity measures and outlook Whirlpool completed a series of financing actions intended to improve liquidity and address debt maturities. The company executed a $1.1 billion equity offering, suspended its common dividend, finalized a $2 billion asset-based lending facility and issued $2 billion in secured bonds. It also sold its minority interest in Beko Europe B.V. for approximately $128 million, generating about $84 million in net cash consideration.
Chief Financial Officer Roxanne Warner said the actions secured more than $3 billion in liquidity and cleared Whirlpool’s debt maturity schedule until 2028. Net debt remained largely flat at $5.8 billion in the second quarter, and the company expects to finish 2026 with net debt below $5 billion.
For the full year, Whirlpool continues to expect approximately 1.5% revenue growth on a like-for-like basis, ongoing EBIT margin of about 4%, and free cash flow of $300 million, or roughly 2% of net sales. The company expects about $400 million of capital expenditures this year, directed toward product innovation, digital transformation and cost-efficiency projects.
About Whirlpool (NYSE:WHR)Whirlpool Corporation is a leading global manufacturer and marketer of home appliances, with a product portfolio that spans major categories such as laundry, refrigeration, cooking, dishwashing and small electrics. Headquartered in Benton Harbor, Michigan, the company designs, produces and distributes its appliances through a network of wholly owned manufacturing facilities, joint ventures and third-party partners. Whirlpool serves both retail and professional markets, offering products under its flagship Whirlpool brand as well as several well-known names including Maytag, KitchenAid, JennAir, Amana, Brastemp and Consul.
In its laundry segment, Whirlpool provides top- and front-load washing machines, dryers and combination units designed to balance energy efficiency, capacity and convenience.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Should You Invest $1,000 in Whirlpool Right Now?Before you consider Whirlpool, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Whirlpool wasn't on the list.
While Whirlpool currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates.
Key Takeaways WHR's Q2 results showed early turnaround progress from pricing, cost cuts and balance-sheet actions.Pricing actions lifted North America margins as WHR implemented promotional and list price increases.Whirlpool expects over $150 million in 2026 structural cost takeout through efficiency efforts. Whirlpool Corporation (WHR - Free Report) reported second-quarter 2026 results that showed early progress in its turnaround efforts, driven by pricing actions, cost reductions and balance sheet initiatives. However, the company continues to face pressure from weak appliance demand, elevated costs and higher interest expense.
Whirlpool’s recovery strategy focuses on improving profitability while maintaining financial flexibility. The company’s second-quarter performance reflected sequential margin improvement, but earnings remained below prior-year levels as operating challenges persisted.
WHR Pricing Strategy Begins Delivering ResultsWhirlpool’s pricing actions are beginning to support margin recovery, particularly in North America. In the second quarter of 2026, MDA North America net sales increased 8% sequentially, while EBIT margin improved 240 basis points from the first quarter, driven primarily by previously announced promotional price increases.
The company executed a promotional price increase of more than 10% compared with first-quarter prices and implemented an additional list price increase of approximately 4% effective in July. Whirlpool expects these actions, along with builder pricing, to provide additional benefits during the second half of 2026.
Cost Reduction Program Supports Long-Term Margin GoalsWhirlpool continues to advance structural cost-reduction initiatives aimed at creating a lower-cost operating structure. The company remains on track to deliver more than $150 million in structural cost takeout in 2026 through automation, strategic sourcing and fixed-cost actions.
The company is also pursuing footprint optimization efforts, including the modernization of the Amana facility, development of the Perrysburg facility and distribution network changes. These initiatives are expected to provide additional EBIT benefits beyond 2026, with larger contributions expected in 2027 and 2028.
Image Source: Zacks Investment Research
Debt and Interest Costs Remain Key Investor ConcernsWhirlpool has improved liquidity through financing actions, including the completion of a $2 billion asset-based lending facility and issuance of $2 billion in secured bonds. These steps extended debt maturities and strengthened financial flexibility.
However, leverage remains a key consideration. Whirlpool raised its expected 2026 interest expense outlook to approximately $350 million from $300 million following refinancing activity, which contributed to lower earnings guidance despite maintaining its operational outlook.
Management expects net debt to decline below $5 billion by year-end 2026 and is targeting more than $300 million in free cash flow as part of its deleveraging efforts.
WHR Recovery Depends on Housing and Consumer DemandA sustained recovery will depend partly on improvement in appliance demand and housing activity. Whirlpool reported second-quarter 2026 net sales of $3.52 billion, down 6.8% year over year, while U.S. appliance industry demand declined 3.4%.
Lower industry demand has limited volume growth, increasing Whirlpool’s reliance on pricing actions and efficiency improvements to support profitability. MDA North America sales declined 1.5% year over year, with favorable price/mix partially offsetting lower volumes.
The company also continues to face competitive pressure in the consumer products market, with peers such as SharkNinja, Inc. (SN - Free Report) and Newell Brands Inc. (NWL - Free Report) providing additional context for investors evaluating Whirlpool’s recovery outlook.
WHR currently carries a Zacks Rank #3 (Hold), with a Value Score of B, Growth Score of F, Momentum Score of F and VGM Score of D. The ratings highlight a mixed investment profile, with valuation support offset by weaker growth and momentum indicators.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Until demand conditions improve, Whirlpool’s turnaround remains dependent on continued execution of pricing initiatives, cost reductions and balance sheet management.
Key Takeaways Whirlpool's Q2 results showed margin improvement, but net sales fell 6.8% year over year.WHR's pricing actions lifted North America margins as promotional and list increases took effect.Whirlpool expects structural cost cuts to deliver future EBIT benefits through facility changes. Whirlpool Corporation (WHR - Free Report) shares have gained 13.6% over the past month as investors weigh improving margin trends against continued weakness in appliance demand. The stock remains down 40.4% year to date, highlighting the gap between recent price momentum and the broader earnings recovery challenge.
The company’s second-quarter 2026 results showed sequential margin improvement as pricing actions began offsetting cost pressures, but sales remained under pressure. Whirlpool reported second-quarter net sales of $3.52 billion, down 6.8% year over year, while ongoing EBIT margin declined to 1.8% from 5.3% a year ago.
WHR Margin Recovery Gets Support From Pricing ActionsWhirlpool’s pricing initiatives are beginning to support profitability, particularly in North America. In the second quarter, MDA North America net sales increased 8% sequentially, while EBIT margin improved 240 basis points from the first quarter, driven mainly by promotional price increases.
The company executed a promotional price increase of more than 10% compared with first-quarter prices and implemented an additional list price increase of approximately 4% effective in July. Management expects these actions, along with builder pricing, to provide further benefits in the second half of 2026.
Whirlpool maintained its 2026 operational outlook, including expectations for approximately $15 billion in net sales and an ongoing EBIT margin of about 4%, supported by pricing actions and structural cost reductions.
Image Source: Zacks Investment Research
Cost Cuts Could Become a Longer-Term CatalystWhirlpool is advancing structural cost-reduction initiatives aimed at improving efficiency and supporting margins. The company remains on track to deliver more than $150 million in structural cost takeout in 2026, including savings from automation, strategic sourcing and fixed-cost actions.
Additional benefits are expected from manufacturing and distribution changes. Whirlpool expects the Amana facility modernization to generate approximately $70 million in annualized EBIT improvement, while the Perrysburg facility could add about $30 million. The company also expects distribution network changes to generate another $60 million in annualized EBIT benefits.
Most of these footprint-related benefits are expected to build more meaningfully in 2027 and 2028, creating a longer runway for cost improvements.
Weak Appliance Demand Remains a ChallengeDespite progress on pricing and costs, Whirlpool continues to operate in a difficult demand environment. Second-quarter sales reflected softer appliance demand in North America and promotional intensity in Latin America. Competition remains intense across the appliance industry, with companies such as SharkNinja, Inc. (SN - Free Report) and Newell Brands Inc. (NWL - Free Report) also competing across major appliance categories, including kitchen and household consumer products.
MDA North America sales declined 1.5% year over year as lower industry demand weighed on volumes, although favorable price/mix partially offset the decline. U.S. appliance industry demand fell 3.4% year over year during the quarter.
Cost pressures also remain a concern. Whirlpool’s margin improvement from pricing and mix was partly offset by tariffs and raw-material inflation, including higher steel and base-metal costs.
Investor Signals Remain Mixed for Whirlpool StockWHR currently carries a Zacks Recommendation of Neutral and a Zacks Rank #3 (Hold). The stock has a Value Score of B, Growth Score of F, Momentum Score of F and VGM Score of D, indicating valuation support but weaker growth and momentum characteristics.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Whirlpool has strengthened liquidity through balance-sheet actions, including completing a $2 billion asset-based lending facility and issuing $2 billion in secured bonds. These steps extended debt maturities and improved financial flexibility.
The recent stock rebound reflects progress on pricing, cost reductions and product execution, but continued gains may depend on whether Whirlpool can sustain margin expansion while navigating weak demand, tariffs and elevated financing costs.
With 800+ golfers across six courses, the annual event brings its lifetime fundraising total to approximately $40 million.
, /PRNewswire/ -- On Aug. 2nd and 3rd, more than 800 golfers teed off for the 23rd annual Whirlpool Community Charity Golf Event, raising $3 million for local youth in the company's headquarters community in Southwest Michigan.
The 23rd annual Whirlpool Community Charity Golf Event raised $3 million for local youth in the company's headquarters community in Southwest Michigan. Supported by Whirlpool Corporation and the company's suppliers and partners from around the world, this event serves as the single largest fundraiser for vital youth organizations in the area, enabling them to provide essential services and foster a bright future for young people in the community. Over its 23-year history, the event has brought thousands of people together in our community and raised approximately $40 million, creating a lasting impact for more than 15,000 local youth every single year.
Key Beneficiaries of the Whirlpool Community Charity Golf Event:
Boys & Girls Clubs of Greater Southwest Michigan First Tee of Benton Harbor Local public school foundations, including Benton Harbor, Lakeshore, and St. Joseph, Mich. "For over two decades, the Whirlpool Community Charity Golf Event has united our community to raise nearly $40 million for our youth," said Pam Klyn, president of the Whirlpool Foundation. "The impact of this event is measured in more than dollars; it's in the thousands of local students who have a safe place to go after school, essential educational tools and the critical life skills to thrive—both on and off the course."
This year's golf event has a record number of players and was hosted across six local golf courses, including Point 'O Woods, Hawkshead, Orchard Hills, Chikaming, the Dunes Club, and Harbor Shores. Players also enjoyed the new Wee Course, a 9-hole pitch-and-putt golf course designed by Hall of Fame golfer Colin Montegomerie.
Highlighting the event's ability to connect athletic excellence with community impact, attendees also gathered for a fireside chat with NFL Hall of Fame running back Emmitt Smith and Indiana University Athletic Director Scott Dolson. The shared anecdotes and values of perseverance and collaboration underscored the heart of the event, rallying supporters around a collective promise to pave a brighter, opportunity-abundant path forward for Berrien County's youth.
On August 06, 2026, Whirlpool Corp (WHR) shares fell 4.8% to a current price of $43.00, hovering near its 52-week low of $35.45, after a year of significant dec
Whirlpool (WHR) shares are experiencing a significant uptick following the release of its Q2 results. The appliance manufacturer reported a larger-than-expected
Key Takeaways Whirlpool's Q2 sales fell 6.8% to $3.52 billion, while its ongoing loss widened to 21 cents per share.Lower volumes and tariff, raw-material and fuel costs cut ongoing EBIT 69.1% to $62 million.Whirlpool cut 2026 ongoing EPS guidance to $2.50-$3.00 but expects over $150 million in cost savings. Whirlpool Corporation (WHR - Free Report) reported a wider-than-expected ongoing loss and a sales miss for the second quarter of 2026, with both metrics deteriorating year over year. The company posted an ongoing loss of 21 cents per share for the second quarter of 2026, wider than the Zacks Consensus Estimate of a 20-cent loss. The result compared unfavorably with ongoing earnings of $1.34 per share a year ago.
Net sales declined 6.8% year over year to $3,517 million and missed the consensus mark of $3,602 million by 2.4%. Organic net sales fell 1.7% to $3,437 million, reflecting lower volumes and retailer inventory pressure, partly offset by pricing actions.
WHR's Profitability Faces Cost PressureGross profit fell 27.5% year over year to $442 million. The gross margin contracted about 360 basis points to 12.6% as lower volumes and inflationary pressures weighed on profitability.
Selling, general and administrative (SG&A) expenses declined 6.5% to $371 million. Ongoing EBIT plunged 69.1% to $62 million, while the ongoing EBIT margin narrowed 350 basis points to 1.8%. Tariffs, raw-material inflation and fuel costs remained key headwinds. GAAP net earnings available to common shareholders rose 14.2% to $75 million, aided by a $139 million gain on business disposals.
WHR’s Region-Wise Performance DetailsNet sales for the MDA North America segment declined 1.5% year over year to $2,408 million. Excluding currency effects, sales also fell 1.5% due to lower volumes stemming from an industry decline, partly offset by favorable price/mix. Segment EBIT dropped 55.4% to $64 million from $144 million, while the EBIT margin contracted 320 basis points to 2.7%. The margin decline reflected lower volumes and higher tariff, raw-material and fuel costs, partly offset by favorable price/mix. Sequentially, net sales rose 8% and the EBIT margin improved 240 basis points, aided by previously announced pricing actions.
Net sales from MDA Latin America increased 7.8% year over year to $868 million. Excluding currency impacts, however, sales declined 1.7% due to unfavorable price/mix in Brazil despite higher volumes. Segment EBIT fell 45.7% to $26 million from $48 million, and the EBIT margin contracted 300 basis points to 3%. The margin was pressured by unfavorable price/mix, partly offset by a favorable Brazil tax case-related gain. Whirlpool also announced price increases and structural cost actions aimed at restoring margins in Brazil.
Net sales in SDA Global edged up 0.5% year over year to $202 million. Excluding currency effects, sales decreased 1.2% as lower retailer inventories more than offset strong sell-out trends. Segment EBIT declined 30.8% to $24 million from $35 million, while the EBIT margin narrowed 540 basis points to 11.9%. The margin performance reflected planned marketing investments, partly supported by new product launches and direct-to-consumer expansion. Underlying demand remained positive, supported by strong sell-out and market-share gains globally.
Whirlpool’s Financial Health SnapshotWhirlpool ended the second quarter with cash and cash equivalents of $1,239 million, long-term debt of $6.8 billion and total stockholders’ equity of $3.9 billion. The company completed a $2 billion asset-based lending facility and issued $2 billion of secured bonds, clearing debt maturities until 2028.
For the first six months of 2026, Whirlpool used $947 million in operating cash, compared with $702 million used a year earlier. Free cash outflow widened to $1,108 million from $856 million, while capital expenditures increased to $162 million from $154 million.
Whirlpool Updates 2026 OutlookFor 2026, Whirlpool now expects net sales of approximately $15 billion and an ongoing EBIT margin of about 4% on the largest price increases. Net sales reflect nearly 1.5% growth compared with 2025 on like-for-like net sales of about $14.7 billion. Structural cost-reduction initiatives are expected to generate more than $150 million in savings, equivalent to approximately 100 basis points of margin expansion.
The company lowered its GAAP earnings guidance to $2.25-$2.75 per share from $2.45-$2.95 and reduced ongoing earnings guidance to $2.50-$3.00 from $3.00-$3.50, reflecting a new interest-expense outlook. It expects a GAAP tax rate of about 20% and an adjusted tax rate of approximately 25%. Cash provided by operating activities is projected at roughly $700 million, while free cash flow is expected to exceed $300 million. Whirlpool also targets year-end net debt of less than $5 billion.
The Zacks Rank #3 (Hold) company's shares have declined 27.6% in the past three months compared with the industry’s 23.5% fall.
Image Source: Zacks Investment Research
Key Consumer Discretionary PicksDuluth Holdings Inc. (DLTH - Free Report) sells casual wear, workwear, outdoor apparel, and accessories for men and women in the United States. It offers shirts, pants, shorts, underwear, outerwear, footwear, accessories and hard goods. At present, DLTH sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for current fiscal-year sales and earnings implies a decline of 6.9% and 36.5%, respectively, from the year-ago reported figures. DLTH delivered a trailing four-quarter earnings surprise of 107.5%, on average.
Revolve Group, Inc. (RVLV - Free Report) operates as an online fashion retailer for millennial and generation z consumers in the United States and internationally. It currently carries a Zacks Rank of 2 (Buy).
The Zacks Consensus Estimate for Revolve Group’s current fiscal-year sales implies growth of 10.6% from the year-ago figures. RVLV delivered a trailing four-quarter average earnings surprise of 52.1%.
Vince Holding Corp. (VNCE - Free Report) provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale and Vince Direct-to-Consumer segments. At present, VNCE carries a Zacks Rank of 2.
The Zacks Consensus Estimate for current fiscal-year sales and earnings implies growth of 8.5% and 34.1%, respectively. VNCE has delivered a trailing four-quarter earnings surprise of 635.7%, on average.
Whirlpool Corporation (WHR) Q2 2026 Earnings Call August 4, 2026 8:00 AM EDT
Company Participants
Scott Cartwright - Head of Investor Relations
Marc Bitzer - Chairman & CEO
Juan Puente - Executive President of North America & Global Strategic Sourcing
Ludovic Beaufils - Executive President of KitchenAid Small Appliances, Latin America, Global Information Tech. & Design
Roxanne Warner - Executive VP & CFO
Conference Call Participants
David S. MacGregor - Longbow Research LLC
Sam Darkatsh - Raymond James & Associates, Inc., Research Division
Michael Dahl - RBC Capital Markets, Research Division
Susan Maklari - Goldman Sachs Group, Inc., Research Division
Eric Bosshard - Cleveland Research Company LLC
Shaun Calnan - BofA Securities, Research Division
Edward Magi - BNP Paribas, Research Division
Jeffrey Stevenson - Loop Capital Markets LLC, Research Division
Presentation
Scott Cartwright
Head of Investor Relations
Good morning, and welcome to Whirlpool Corporation's Second Quarter 2026 Earnings Call. Today's call is being recorded. Joining me today are Marc Bitzer, our Chairman and Chief Executive Officer; Roxanne Warner, our Chief Financial Officer; Juan Carlos Puente, our Executive President of North America and Global Strategic Sourcing; and Ludovic Beaufils, our Executive President of KitchenAid Small Appliances and Latin America.
Our remarks today track with a presentation available on our Investors section of our website at whirlpoolcorp.com. Before we begin, I want to remind you that as we conduct this call, we will be making forward-looking statements to assist you in better understanding Whirlpool Corporation's future expectations. Our actual results could differ materially from these statements due to many factors discussed in our latest 10-K, 10-Q, and other periodic reports.
We also want to remind you that today's presentation includes the non-GAAP measures outlined in further detail at the beginning of our earnings presentation. We believe that these measures are important indicators of our operations as they exclude items that may not be
Shares of Whirlpool Corporation (NYSE:WHR – Get Free Report) have been given a consensus recommendation of “Reduce” by the eleven brokerages that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $46.6250.
Several analysts have weighed in on the company. JPMorgan Chase & Co. lowered their price target on Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Mizuho cut their price objective on Whirlpool from $45.00 to $40.00 and set a “neutral” rating for the company in a report on Tuesday, July 21st. Wall Street Zen upgraded shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 27th. Stifel Nicolaus lowered their target price on shares of Whirlpool from $45.00 to $37.00 and set a “hold” rating on the stock in a research note on Thursday, July 23rd. Finally, Bank of America dropped their target price on shares of Whirlpool from $43.00 to $36.00 and set an “underperform” rating for the company in a research report on Monday, June 22nd.
Check Out Our Latest Research Report on Whirlpool
Whirlpool Stock Up 4.6% WHR opened at $39.22 on Tuesday. The firm has a market capitalization of $2.54 billion, a P/E ratio of 13.34, a price-to-earnings-growth ratio of 32.47 and a beta of 1.16. Whirlpool has a one year low of $35.45 and a one year high of $96.57. The company has a fifty day moving average price of $39.26 and a 200-day moving average price of $55.35. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.88 and a quick ratio of 0.48.
Whirlpool (NYSE:WHR – Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.15). The business had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.55 billion. Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The company’s quarterly revenue was down 6.8% on a year-over-year basis. During the same quarter last year, the business posted $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Equities research analysts expect that Whirlpool will post 1.15 earnings per share for the current fiscal year.
Institutional Trading of Whirlpool Several institutional investors and hedge funds have recently made changes to their positions in WHR. Community Financial Services Group LLC grew its position in Whirlpool by 99.2% in the second quarter. Community Financial Services Group LLC now owns 1,275 shares of the company’s stock worth $51,000 after acquiring an additional 635 shares in the last quarter. Kwmg LLC lifted its stake in Whirlpool by 15.3% during the second quarter. Kwmg LLC now owns 77,019 shares of the company’s stock worth $3,036,000 after purchasing an additional 10,229 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Whirlpool by 719.4% in the 2nd quarter. GAMMA Investing LLC now owns 2,663 shares of the company’s stock worth $105,000 after purchasing an additional 2,338 shares in the last quarter. Seven Six Capital Management LLC increased its position in shares of Whirlpool by 32.5% during the 1st quarter. Seven Six Capital Management LLC now owns 43,150 shares of the company’s stock valued at $2,327,000 after purchasing an additional 10,575 shares during the last quarter. Finally, Kentucky Retirement Systems bought a new position in shares of Whirlpool during the 1st quarter valued at about $349,000. Hedge funds and other institutional investors own 90.78% of the company’s stock.
Whirlpool News Roundup Here are the key news stories impacting Whirlpool this week:
Positive Sentiment: Whirlpool said it completed a $2 billion asset-based lending facility and issued $2 billion in secured bonds, extending debt maturities until 2028 and improving near-term financial flexibility. The company also cited successful North American pricing actions and new product launches. Whirlpool Corporation Announces Second-Quarter Results Positive Sentiment: Whirlpool maintained its 2026 revenue and margin outlook. Updated ongoing EPS guidance is $2.50 to $3.00, with the midpoint above the roughly $2.71 analyst consensus, although the company noted that the update reflects a new interest-expense outlook. Full-year operating cash flow is expected to be approximately $700 million, with free cash flow above $300 million. Whirlpool Corporation Announces Second-Quarter Results Neutral Sentiment: GAAP net income attributable to common shareholders increased 35.4% year over year to $88 million, and GAAP diluted EPS was $1.15. However, ongoing EBIT margin was only 1.8%, highlighting limited underlying profitability. Whirlpool Releases Q2 2026 Earnings Negative Sentiment: Q2 revenue fell 6.8% year over year to approximately $3.5 billion, missing the $3.6 billion consensus estimate. Gross profit declined to $442 million, while operating profit was $163 million. Whirlpool Q2 Earnings Metrics Negative Sentiment: Ongoing EPS was a loss of $0.21, worse than the expected loss of $0.06. Operating cash flow was negative $120 million during the quarter, reinforcing concerns about demand, margins and cash generation. Whirlpool Falls After Surprise Q2 Loss About Whirlpool (Get Free Report)
Whirlpool Corporation is a leading global manufacturer and marketer of home appliances, with a product portfolio that spans major categories such as laundry, refrigeration, cooking, dishwashing and small electrics. Headquartered in Benton Harbor, Michigan, the company designs, produces and distributes its appliances through a network of wholly owned manufacturing facilities, joint ventures and third-party partners. Whirlpool serves both retail and professional markets, offering products under its flagship Whirlpool brand as well as several well-known names including Maytag, KitchenAid, JennAir, Amana, Brastemp and Consul.
In its laundry segment, Whirlpool provides top- and front-load washing machines, dryers and combination units designed to balance energy efficiency, capacity and convenience.
See Also Five stocks we like better than Whirlpool SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control Why Rare Earth Processing Could Be the Real 2027 Opportunity The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEProQR Therapeutics N.V. (NASDAQ:PRQR) Receives Average Rating of “Moderate Buy” from Analysts
NEXT HEADLINE »Protara Therapeutics, Inc. (NASDAQ:TARA) Receives Average Rating of “Moderate Buy” from Brokerages
Whirlpool (WHR - Free Report) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.2. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -5.00%. A quarter ago, it was expected that this maker of Maytag, KitchenAid and other appliances would post earnings of $0.43 per share when it actually produced a loss of $0.56, delivering a surprise of -230.23%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Whirlpool, which belongs to the Zacks Household Appliances industry, posted revenues of $3.52 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 2.35%. This compares to year-ago revenues of $3.77 billion. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Whirlpool shares have lost about 48% since the beginning of the year versus the S&P 500's gain of 9.4%.
What's Next for Whirlpool?While Whirlpool has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Whirlpool was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.99 on $3.98 billion in revenues for the coming quarter and $1.16 on $14.97 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Household Appliances is currently in the top 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the broader Zacks Consumer Discretionary sector, KinderCare Learning Companies, Inc. (KLC - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 13.
This company is expected to post quarterly earnings of $0.10 per share in its upcoming report, which represents a year-over-year change of -54.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
KinderCare Learning Companies, Inc.'s revenues are expected to be $696.93 million, down 0.5% from the year-ago quarter.
Whirlpool (WHR - Free Report) reported $3.52 billion in revenue for the quarter ended June 2026, representing a year-over-year decline of 6.8%. EPS of -$0.21 for the same period compares to $1.34 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.6 billion, representing a surprise of -2.35%. The company delivered an EPS surprise of -5%, with the consensus EPS estimate being -$0.20.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Whirlpool performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- North America Major Domestic Appliances: $2.41 billion compared to the $2.42 billion average estimate based on two analysts. The reported number represents a change of -1.6% year over year.Net Sales- Global Small Domestic Appliances: $202 million versus the two-analyst average estimate of $226.5 million. The reported number represents a year-over-year change of +0.5%.Net Sales- Latin America Major Domestic Appliances: $868 million versus the two-analyst average estimate of $907.5 million. The reported number represents a year-over-year change of +7.7%.View all Key Company Metrics for Whirlpool here>>>
Shares of Whirlpool have returned -1.6% over the past month versus the Zacks S&P 500 composite's +0.2% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
Q2 performance in line with expectations, delivering sequential margin improvement Successfully executed previously announced pricing actions in North America, with the support of successful new product launches; announced price increases in Latin America Completed the transition to a $2 billion asset based lending facility and issued $2 billion in secured bonds, clearing debt maturities until 2028 and creating financial flexibility Q2 GAAP net earnings margin of 2.1%; GAAP earnings per diluted share of $1.15 Q2 ongoing (non-GAAP) EBIT margin(2) of 1.8%; ongoing earnings (loss) per diluted share(3) of $(0.21) Full year 2026 revenue and margin outlook is unchanged 2026 updated EPS outlook includes full-year GAAP earnings per diluted share of $2.25 to $2.75, and ongoing earnings per diluted share(3)of $2.50 to $3.00, reflecting new interest expense outlook 2026 cash flow outlook includes cash provided by operating activities of approximately $700 million and free cash flow(4) of over $300 million , /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR), today reported second-quarter financial results.
"We are encouraged by the sequential margin expansion achieved in Q2, driven by price increase execution, progress with our cost take-out program and key product innovation. These decisive actions position our business for sustained performance improvement."
MARC BITZER, CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Earnings Results
Second Quarter Results
2026
2025*
Change
Net sales ($M)
$3,517
$3,773
(6.8) %
Organic net sales ($M)(1)
$3,437
$3,496
(1.7) %
GAAP net earnings available to Whirlpool common shareholders ($M)
$75
$65
14.2 %
Ongoing EBIT(2) ($M)
$62
$200
(69.1) %
GAAP net earnings margin
2.1 %
1.7 %
0.4pts
Ongoing EBIT margin(2)
1.8 %
5.3 %
(3.5pts)
GAAP earnings per diluted share
$1.15
$1.17
(1.7) %
Ongoing earnings (loss) per diluted share(3)
$(0.21)
$1.34
nm
*Includes results from our previously-owned India business
Free Cash Flow
2026
2025
Change
Cash provided by (used in) operating activities ($M)
$(947)
$(702)
$(245)
Free cash flow(4) ($M)
$(1,108)
$(856)
$(252)
"We have taken proactive steps to strengthen our balance sheet and optimize our capital structure. By completing the $2B ABL facility and successfully issuing $2B in secured bonds, we have significantly extended our debt maturity profile and created financial flexibility to support our strategic priorities."
ROXANNE WARNER, CHIEF FINANCIAL OFFICER
SEGMENT REVIEW
SEGMENT INFORMATION ($M)
Q2 2026
Q2 2025
YoY
Change
MDA North America
Net Sales
$2,408
$2,446
(1.5) %
EBIT
$64
$144
(55.4) %
% of sales
2.7 %
5.9 %
(3.2pts)
MDA Latin America
Net Sales
$868
$806
7.8 %
EBIT
$26
$48
(45.7) %
% of sales
3.0 %
6.0 %
(3.0pts)
SDA Global
Net Sales
$202
$201
0.5 %
EBIT
$24
$35
(30.8) %
% of sales
11.9 %
17.3 %
(5.4pts)
MDA: Major Domestic Appliances; SDA: Small Domestic Appliances
MDA NORTH AMERICA
Strong sequential net sales growth of 8% with EBIT margin improvement of 240 bps, primarily driven by successful execution of previously announced pricing actions Excluding currency, net sales decreased 1.5% year-over-year driven by lower volume resulting from industry decline, partially offset by favorable price/mix EBIT margin(5) decreased year-over-year, pressured by volume decline and the unfavorable impact of tariff, raw material inflation and fuel costs, partially offset by favorable price/mix MDA LATIN AMERICA
Excluding currency, net sales decreased 1.7% year-over-year due to negative price mix in Brazil, despite volume increase EBIT margin(5) impacted by unfavorable price/mix, partially supported by favorable Brazil tax-case related gain Announced price increase and structural cost actions to restore margins in Brazil SDA GLOBAL
Excluding currency, net sales decreased 1.2% year-over-year driven by lower retailer inventory despite strong sell-out EBIT margin(5) in line with expectations, impacted by planned marketing investments and supported by new product launches and direct-to-consumer expansion Underlying demand is positive, with strong sell-out and share gains globally FULL-YEAR 2026 OUTLOOK
Guidance Summary
2025
Reported
2026
Guidance
Net sales ($B)
$15.5
~$15.0
Cash provided by (used in) operating activities
($M)
$470
~$700
Free cash flow ($M)(4)
$81
$300+
GAAP net earnings margin (loss) (%)
2.2 %
~1.0%
Ongoing EBIT margin (%)(2)
4.7 %
~4.0%
GAAP earnings (loss) per diluted share
$5.66
$2.25 - $2.75
Ongoing earnings (loss) per diluted share(3)
$6.23
$2.50 - $3.00
GAAP tax rate
27.5 %
~20.0%
Adjusted (non-GAAP) tax rate
3.5 %
~25.0%
On a full year basis in 2026, our operational outlook is unchanged. EPS is revised to reflect the new interest expense. We expect:
Net sales of approximately $15.0 billion; approximately 1.5% growth vs. 2025 like-for-like(6) net sales of approximately $14.7 billion GAAP net earnings margin of 1.0% and ongoing (non-GAAP) EBIT margin of approximately 4.0%, driven by our largest price increase in over a decade Structural cost take out to deliver over $150 million or 100 basis points of margin expansion GAAP earnings per diluted share of $2.25 to $2.75 and full-year ongoing earnings per diluted share(3) of $2.50 to $3.00 2026 GAAP tax rate of approximately 20% and adjusted (non-GAAP) tax rate of 25% Cash provided by operating activities of approximately $700 million and free cash flow(4) of over $300 million Net debt below $5.0 billion at year end (1)
A reconciliation of organic net sales, a non-GAAP financial measure, to reported net sales and other important information, appears below.
(2)
A reconciliation of earnings before interest and taxes (EBIT) and ongoing EBIT, non-GAAP financial measures, to reported net earnings (loss) available to Whirlpool, and a reconciliation of EBIT margin and ongoing EBIT margin, non-GAAP financial measures, to net earnings (loss) margin and other important information, appears below.
(3)
A reconciliation of ongoing earnings per diluted share, a non-GAAP financial measure, to reported net earnings (loss) per diluted share available to Whirlpool and other important information, appears below.
(4)
A reconciliation of free cash flow, a non-GAAP financial measure, to cash provided by (used in) operating activities and other important information, appears below.
(5)
Segment EBIT represents our consolidated EBIT broken down by the Company's reportable segments and are metrics used by the chief operating decision maker in accordance with ASC 280. Consolidated EBIT also includes corporate "Other" of $39 million and $(36) million for the second quarters of 2026 and 2025, respectively.
(6)
Like-for-like refers to pro forma results for 2025, which exclude the results of Whirlpool of India from January to November, providing a comparative baseline for 2026 guidance. The like-for-like GAAP net earnings margin and corresponding reconciliation cannot be provided without unreasonable effort or expense. Please see below for a reconciliation of ongoing EBIT for the full year to GAAP net earnings.
ABOUT WHIRLPOOL CORPORATION
Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales - close to 90% of which were in the Americas - 41,000 employees and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.
WEBSITE DISCLOSURE
We routinely post important information for investors on our website, WhirlpoolCorp.com, in the "Investors" section. We also intend to update the "Hot Topics Q&A" portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the "Investors" section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.
WHIRLPOOL ADDITIONAL INFORMATION
This document contains forward-looking statements about Whirlpool Corporation and its consolidated subsidiaries ("Whirlpool") within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Whirlpool intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with those safe harbor provisions. Any statements made in this press release that are not statements of historical fact, including statements regarding future financial results, long-term value creation goals, restructuring expectations, productivity, raw material prices and related costs, supply chain, portfolio transformation expectations, India transaction expectations, asset impairment, new product introduction benefits, trade and tariffs, litigation, ESG efforts, debt repayment and dividend expectations, share position, trade customer inventory expectations, cost take-out, manufacturing investment benefits, and the impact of housing recovery-related benefits on our operations are forward-looking statements and should be evaluated as such. Such statements can be identified by the use of terminology such as "may," "could," "will," "should," "possible," "plan," "predict," "forecast," "potential," "anticipate," "estimate," "expect," "project," "intend," "believe," "may impact," "on track," "margin lift," and similar words or expressions. Many risks, contingencies and uncertainties could cause actual results to differ materially from Whirlpool's forward-looking statements. Whirlpool disclaims any obligation to update these statements. Many risks, contingencies and uncertainties could cause actual results to differ materially from Whirlpool's forward-looking statements. Among these factors are: (1) intense competition in the home appliance industry, and the impact of the changing retail environment, including direct-to-consumer sales; (2) Whirlpool's ability to maintain or increase sales to significant trade customers and builders; (3) Whirlpool's ability to maintain its reputation and brand image; (4) Whirlpool's ability to achieve its business objectives and successfully manage its strategic portfolio transformation and outsourced business unit service model; (5) Whirlpool's ability to understand consumer preferences and successfully develop new products; (6) Whirlpool's ability to obtain and protect intellectual property rights; (7) acquisition, divestiture, and investment-related risks, including risks associated with our past transactions; (8) the ability of suppliers of critical parts, components and manufacturing equipment to deliver sufficient quantities to Whirlpool in a timely and cost-effective manner; (9) risks related to Whirlpool's international operations; (10) Whirlpool's ability to respond to unanticipated social, political and/or economic events, including epidemics/pandemics; (11) information technology system and cloud failures, data security breaches, data privacy compliance, network disruptions, and cybersecurity attacks; (12) product liability and product recall costs; (13) Whirlpool's ability to attract, develop and retain executives and other qualified employees; (14) the impact of labor relations; (15) fluctuations in the cost of key materials (including steel, resins, and base metals) and components and the ability of Whirlpool to offset cost increases; (16) Whirlpool's ability to manage foreign currency fluctuations; (17) impacts from goodwill, intangible asset and/or inventory impairment charges; (18) health care cost trends, regulatory changes and variations between results and estimates that could increase future funding obligations for pension and postretirement benefit plans; (19) impacts from credit rating agency downgrades; (20) litigation, tax, and legal compliance risk and costs; (21) the effects and costs of governmental investigations or related actions by third parties; (22) changes in the legal and regulatory environment including environmental, health and safety regulations, data privacy, taxes and AI; (23) the impacts of changes in foreign trade policies, including tariffs; (24) Whirlpool's ability to respond to the impact of climate change and climate change or other environmental regulation; (25) the uncertain global economy and changes in economic conditions; (26) financing and liquidity uncertainty including payment of dividends on our Mandatory Convertible Preferred Stock; (27) the dilutive effect of conversion and potential dividend payments in common stock for our Mandatory Convertible Preferred Stock; (28) the liquidation preference of our Mandatory Convertible Preferred Stock above our common stock; (29) reduced operational flexibility under our Senior Secured Second Lien Notes due 2031 and 2034; and (30) reduced operational flexibility and liquidity availability under our Asset-Based loan facility.
WHIRLPOOL CORPORATION
CONSOLIDATED CONDENSED STATEMENTS OF INCOME (LOSS) (UNAUDITED)
FOR THE PERIODS ENDED JUNE 30
(Millions of dollars, except per share data)
Three Months Ended
Six Months Ended
2026
2025
2026
2025
Net sales
$ 3,517
$ 3,773
$ 6,790
$ 7,393
Expenses
Cost of products sold
3,075
3,162
5,933
6,176
Gross margin
442
610
857
1,217
Selling, general and administrative
371
397
730
803
Intangible amortization
6
7
12
13
Restructuring costs
41
2
73
11
Loss (gain) on sale and disposal of businesses
(139)
—
(139)
—
Operating profit
163
204
181
389
Other (income) expense
Interest and sundry (income) expense
5
(4)
(3)
(36)
Interest expense
63
86
140
164
Earnings (loss) before income taxes
96
121
45
260
Income tax expense (benefit)
3
29
17
72
Equity method investment income (loss), net of tax
(5)
(18)
(22)
(35)
Net earnings (loss)
88
75
6
153
Less: Net earnings (loss) available to noncontrolling interests
—
9
—
17
Net earnings (loss) available to Whirlpool shareholders
$ 88
$ 65
$ 6
$ 137
Less: Mandatory convertible preferred stock dividends
accumulated during the period
13
—
17
—
Net earnings (loss) available to Whirlpool common shareholders
$ 75
$ 65
$ (11)
$ 137
Per share of common stock
Basic net earnings (loss) available to Whirlpool
$ 1.15
$ 1.17
$ (0.17)
$ 2.46
Diluted net earnings (loss) available to Whirlpool
Accounts receivable, net of allowance of $59 and $56, respectively
1,237
1,276
Inventories
2,219
2,307
Prepaid and other current assets
1,012
654
Assets held for sale
49
17
Total current assets
5,756
4,924
Property, net of accumulated depreciation of $5,675 and $5,547,
respectively
2,230
2,194
Right of use assets
1,085
796
Goodwill
3,103
3,103
Investment in affiliated companies
836
827
Other intangibles, net of accumulated amortization of $475 and $464,
respectively
2,552
2,563
Deferred income taxes
1,349
1,327
Other noncurrent assets
416
266
Total assets
$ 17,326
$ 16,001
Liabilities and stockholders' equity
Current liabilities
Accounts payable
$ 3,250
$ 3,704
Accrued expenses
387
448
Accrued advertising and promotions
391
755
Employee compensation
177
208
Notes payable
16
351
Current maturities of long-term debt
212
586
Other current liabilities
577
460
Total current liabilities
5,009
6,513
Noncurrent liabilities
Long-term debt
6,840
5,583
Pension benefits
90
64
Postretirement benefits
92
92
Lease liabilities
989
669
Other noncurrent liabilities
382
365
Total noncurrent liabilities
8,393
6,773
Stockholders' equity
Mandatory convertible preferred stock, 8.50% Series A, $1 par
value, 10 million shares authorized; 575 thousand issued and
outstanding as of June 30, 2026; none issued and outstanding as
of December 31, 2025; aggregate liquidation preference $575
1
—
Common stock, $1 par value, 250 million shares authorized, 73
million and 65 million shares issued, respectively, and 65 million
and 56 million shares outstanding, respectively
73
65
Additional paid-in capital
4,566
3,485
Retained earnings
1,262
1,330
Accumulated other comprehensive loss
(1,476)
(1,624)
Treasury stock, 8 million and 9 million shares, respectively
(492)
(530)
Total Whirlpool stockholders' equity
3,933
2,726
Noncontrolling interests
(11)
(11)
Total stockholders' equity
3,923
2,715
Total liabilities and stockholders' equity
$ 17,326
$ 16,001
WHIRLPOOL CORPORATION
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED)
FOR THE PERIODS ENDED JUNE 30
(Millions of dollars)
Six Months Ended
2026
2025
Operating activities
Net earnings (loss)
$ 6
$ 153
Adjustments to reconcile net earnings to cash provided by (used in) operating activities:
Depreciation and amortization
185
163
Loss (gain) on sale and disposal of businesses
(139)
—
Equity method investment (income) loss, net of tax
22
35
Share based compensation and other
50
86
Changes in assets and liabilities:
Accounts receivable
(17)
(21)
Inventories
108
(527)
Accounts payable
(515)
(134)
Accrued advertising and promotions
(368)
(284)
Accrued expenses and current liabilities
(61)
(29)
Taxes deferred and payable, net
(60)
(16)
Accrued pension and postretirement benefits
11
(1)
Employee compensation
(37)
(31)
Other
(132)
(96)
Cash provided by (used in) operating activities
(947)
(702)
Investing activities
Capital expenditures
(162)
(154)
Purchase of previously leased assets
(157)
—
Proceeds from sale of assets and businesses
195
—
Cash provided by (used in) investing activities
(123)
(154)
Financing activities
Net proceeds from borrowings of long-term debt
1,972
1,200
Net repayments of long-term debt
(1,053)
(1,550)
Net proceeds (repayments) from short-term borrowings
(334)
1,142
Dividends paid
(68)
(194)
Common stock issuance, net of issuance costs
524
—
Mandatory convertible preferred stock issuance, net of issuance costs
557
—
Other
12
(15)
Cash provided by (used in) financing activities
1,610
583
Effect of exchange rate changes on cash and cash equivalents
30
67
Increase (decrease) in cash and cash equivalents
570
(207)
Cash and cash equivalents at beginning of year
669
1,275
Cash and cash equivalents at end of period (1)
$ 1,239
$ 1,068
(1) Cash and cash equivalents at the end of period include $212 million which was restricted to execute a debt payment which occurred on July 1, 2026.
SUPPLEMENTAL INFORMATION - CONSOLIDATED FINANCIAL STATEMENTS RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
(Millions of dollars except per share data) (Unaudited)
We supplement the reporting of our financial information determined under U.S. generally accepted accounting principles (GAAP) with certain non-GAAP financial measures, some of which we refer to as "ongoing" measures. These measures may include earnings before interest and taxes (EBIT), EBIT margin, ongoing EBIT, ongoing EBIT margin, ongoing earnings per diluted share, ongoing EBITDA, adjusted effective tax rate, organic net sales, net debt leverage (Net Debt/Ongoing EBITDA), return on invested capital (ROIC) and free cash flow.
Ongoing measures exclude items that may not be indicative of, or are unrelated to, results from our ongoing operations and provide a better baseline for analyzing trends in our underlying businesses.
Sales excluding foreign currency: Current period net sales translated in functional currency, to U.S. dollars using the applicable prior period's exchange rate compared to the applicable prior period net sales. Management believes that sales excluding foreign currency provides stockholders with a clearer basis to assess our results over time, excluding the impact of exchange rate fluctuations.
Organic net sales: Sales excluding the impact of certain acquisitions or divestitures, and foreign currency. Management believes that organic net sales provides stockholders with a clearer basis to assess our results over time, excluding the impact of exchange rate fluctuations and certain acquisitions and/or divestitures.
Ongoing EBIT margin: Ongoing earnings before interest and taxes divided by net sales. Ongoing measures exclude items that may not be indicative of, or are unrelated to, results from our ongoing operations and provide a better baseline for analyzing trends in our underlying businesses.
Ongoing earnings per diluted share: Diluted net earnings per share from continuing operations, adjusted to exclude items that may not be indicative of, or are unrelated to, results from our ongoing operations. Ongoing measures provide a better baseline for analyzing trends in our underlying businesses.
Ongoing EBITDA: Ongoing earnings before interest, taxes, depreciation and amortization. Ongoing measures exclude items that may not be indicative of, or are unrelated to, results from our ongoing operations and provide a better baseline for analyzing trends in our underlying businesses.
Net debt leverage: Net debt to ongoing earnings before interest, taxes, depreciation, and amortization (EBITDA) ratio is net debt outstanding, including long-term debt, current maturities of long-term debt, and notes payable, less cash and cash equivalents, divided by ongoing EBITDA. Management believes that net debt leverage provides stockholders with a view of our ability to generate earnings sufficient to service our debt.
Return on invested capital: Ongoing EBIT after taxes divided by total invested capital, defined as total assets less non-interest bearing current liabilities (NIBCLS). NIBCLS is defined as current liabilities less current maturities of long-term debt and notes payable. This ROIC definition may differ from other companies' methods and therefore may not be comparable to those used by other companies. Management believes that ROIC provides stockholders with a view of capital efficiency, a key driver of stockholder value creation.
Adjusted effective tax rate: Effective tax rate, excluding pre-tax income and tax effect of certain unique items. Management believes that adjusted tax rate provides stockholders with a meaningful, consistent comparison of the Company's effective tax rate, excluding the pre-tax income and tax effect of certain unique items.
Free cash flow: Cash provided by (used in) operating activities less capital expenditures. Management believes that free cash flow provides stockholders with a relevant measure of liquidity and a useful basis for assessing the Company's ability to fund its activities and obligations.
Whirlpool does not provide a non-GAAP reconciliation for its forward-looking long-term value creation goals, such as EBIT, free cash flow conversion, ROIC and net debt leverage, as these long-term management goals are not annual guidance, and the reconciliation of these long-term measures would rely on market factors and certain other conditions and assumptions that are outside of the Company's control.
We believe that these non-GAAP measures provide meaningful information to assist investors and stockholders in understanding our financial results and assessing our prospects for future performance, and reflect an additional way of viewing aspects of our operations that, when viewed with our GAAP financial measures, provide a more complete understanding of our business. Because non-GAAP financial measures are not standardized, it may not be possible to compare these financial measures with other companies' non-GAAP financial measures having the same or similar names. These ongoing non-GAAP financial measures should not be considered in isolation or as a substitute for reported net earnings available to Whirlpool per diluted share, net earnings, net earnings available to Whirlpool, net earnings margin, return on assets, net sales, effective GAAP tax rate and cash provided by (used in) operating activities, the most directly comparable GAAP financial measures.
We also disclose segment EBIT as an important financial metric used by the Company's Chief Operating Decision Maker to evaluate performance and allocate resources in accordance with ASC 280 - Segment Reporting.
GAAP net earnings available to Whirlpool per basic or diluted share (as applicable) and ongoing earnings per diluted share are presented net of tax, while individual adjustments in each reconciliation are presented on a pre-tax basis; the income tax impact line item aggregates the tax impact for these adjustments. The tax impact of individual line item adjustments may not foot precisely to the aggregate income tax impact amount, as each line item adjustment may include non-taxable components. Historical quarterly earnings per share amounts are presented based on a normalized tax rate adjustment to reconcile quarterly tax rates to full-year tax rate expectations. We strongly encourage investors and stockholders to review our financial statements and publicly filed reports in their entirety and not to rely on any single financial measure.
SECOND-QUARTER 2026 ONGOING EARNINGS BEFORE INTEREST AND TAXES AND ONGOING EARNINGS PER DILUTED SHARE
The reconciliation provided below reconciles the non-GAAP financial measures ongoing earnings before interest and taxes and ongoing earnings per diluted share, with the most directly comparable GAAP financial measures, net earnings (loss) available to Whirlpool common shareholders and net earnings (loss) per diluted share available to Whirlpool common shareholders, for the three months ended June 30, 2026. Net earnings (loss) margin is calculated by dividing net earnings (loss) available to Whirlpool common shareholders by net sales. Ongoing EBIT margin is calculated by dividing ongoing EBIT by net sales. EBIT margin is calculated by dividing EBIT by net sales. The earnings per diluted share GAAP measure and ongoing measure are presented net of tax, while each adjustment is presented on a pre-tax basis. Our second-quarter GAAP tax rate was 3.5%. The aggregate income tax impact of the taxable components of each adjustment is presented in the income tax impact line item at our second-quarter adjusted tax rate (non-GAAP) of 25.0%.
Three Months Ended
Earnings Before Interest & Taxes Reconciliation:
June 30, 2026
Net earnings (loss) available to Whirlpool common shareholders
$ 75
Mandatory convertible preferred stock dividends accumulated during
the period
13
Net earnings (loss) available to noncontrolling interests
—
Income tax expense (benefit)
3
Interest expense
63
Earnings before interest & taxes
$ 154
Net sales
$ 3,517
Net earnings (loss) margin
2.1 %
Results classification
Earnings before
interest & taxes
Earnings per
diluted share
Reported measure
$ 154
$ 1.15
Restructuring expense (a)
Restructuring costs
41
0.63
Impact of M&A
transactions (c)
Selling, general and
administrative &
(Gain) loss on sale and
disposal of business
(133)
(2.04)
Income tax impact
0.35
Normalized tax rate
adjustment (f)
(0.30)
Ongoing measure
$ 62
$ (0.21)
Net sales
$ 3,517
Ongoing EBIT margin
1.8 %
Note: Numbers may not reconcile due to rounding.
SECOND-QUARTER 2025 ONGOING EARNINGS BEFORE INTEREST AND TAXES AND ONGOING EARNINGS PER DILUTED SHARE
The reconciliation provided below reconciles the non-GAAP financial measures ongoing earnings before interest and taxes and ongoing earnings per diluted share, with the most directly comparable GAAP financial measures, net earnings (loss) available to Whirlpool and net earnings (loss) per diluted share available to Whirlpool, for the three months ended June 30, 2025. Net earnings (loss) margin is calculated by dividing net earnings (loss) available to Whirlpool by net sales. Ongoing EBIT margin is calculated by dividing ongoing EBIT by net sales. EBIT margin is calculated by dividing EBIT by net sales. The earnings per diluted share GAAP measure and ongoing measure are presented net of tax, while each adjustment is presented on a pre-tax basis. Our second-quarter GAAP tax rate was 23.9%. The aggregate income tax impact of the taxable components of each adjustment is presented in the income tax impact line item at our second-quarter adjusted tax rate (non-GAAP) of 22.5%.
Three Months Ended
Earnings Before Interest & Taxes Reconciliation:
June 30, 2025
Net earnings (loss) available to Whirlpool
$ 65
Net earnings (loss) available to noncontrolling interests
9
Income tax expense (benefit)
29
Interest expense
86
Earnings before interest & taxes
$ 190
Net sales
$ 3,773
Net earnings (loss) margin
1.7 %
Results classification
Earnings before
interest & taxes
Earnings per
diluted share
Reported measure
$ 190
$ 1.17
Restructuring expense (a)
Restructuring costs
2
0.03
Impact of M&A
transactions (c)
Selling, general and
administrative
8
0.15
Income tax impact
(0.04)
Normalized tax rate
adjustment (f)
0.03
Ongoing measure
$ 200
$ 1.34
Net sales
$ 3,773
Ongoing EBIT margin
5.3 %
Note: Numbers may not reconcile due to rounding.
FIRST-QUARTER 2026 ONGOING EARNINGS BEFORE INTEREST AND TAXES AND ONGOING EARNINGS PER DILUTED SHARE
The reconciliation provided below reconciles the non-GAAP financial measures ongoing earnings before interest and taxes and ongoing earnings per diluted share, with the most directly comparable GAAP financial measures, net earnings (loss) available to Whirlpool common shareholders and net earnings (loss) per diluted share available to Whirlpool common shareholders, for the three months ended March 31, 2026. Net earnings (loss) margin is calculated by dividing net earnings (loss) available to Whirlpool common shareholders by net sales. Ongoing EBIT margin is calculated by dividing ongoing EBIT by net sales. EBIT margin is calculated by dividing EBIT by net sales. The earnings per diluted share GAAP measure and ongoing measure are presented net of tax, while each adjustment is presented on a pre-tax basis. Our first-quarter GAAP tax rate was (26.9)%. The aggregate income tax impact of the taxable components of each adjustment is presented in the income tax impact line item at our first-quarter adjusted tax rate (non-GAAP) of 25.0%.
Three Months Ended
Earnings Before Interest & Taxes Reconciliation:
March 31, 2026
Net earnings (loss) available to Whirlpool common shareholders
$ (85)
Mandatory convertible preferred stock dividends accumulated during
the period
4
Net earnings (loss) available to noncontrolling interests
—
Income tax expense (benefit)
14
Interest expense
77
Earnings before interest & taxes
$ 9
Net sales
$ 3,273
Net earnings (loss) margin
(2.6) %
Results classification
Earnings before
interest & taxes
Earnings per
diluted share
Reported measure
$ 9
$ (1.43)
Restructuring expense (a)
Restructuring costs
32
0.54
Impact of M&A
transactions (c)
Selling, general and
administrative
2
0.04
Income tax impact
(0.15)
Normalized tax rate
adjustment (f)
0.44
Ongoing measure
$ 44
$ (0.56)
Net sales
$ 3,273
Ongoing EBIT margin
1.3 %
Note: Numbers may not reconcile due to rounding.
FULL-YEAR 2025 ONGOING EARNINGS BEFORE INTEREST AND TAXES AND ONGOING EARNINGS PER DILUTED SHARE
The reconciliation provided below reconciles the non-GAAP financial measures ongoing earnings before interest and taxes and ongoing earnings per diluted share, with the most directly comparable GAAP financial measures, net earnings (loss) available to Whirlpool and net earnings (loss) per diluted share available to Whirlpool, for the twelve months ended December 31, 2025. Net earnings (loss) margin is calculated by dividing net earnings (loss) available to Whirlpool by net sales. Ongoing EBIT margin is calculated by dividing ongoing EBIT by net sales. EBIT margin is calculated by dividing EBIT by net sales. The earnings per diluted share GAAP measure and ongoing measure are presented net of tax, while each adjustment is presented on a pre-tax basis. Our full-year GAAP tax rate was 27.5%. The aggregate income tax impact of the taxable components of each adjustment is presented in the income tax impact line item at our full-year adjusted tax (non-GAAP) rate of 3.5%.
Twelve Months
Ended
Earnings Before Interest & Taxes Reconciliation:
December 31, 2025
Net earnings (loss) available to Whirlpool
$ 318
Net earnings (loss) available to noncontrolling interests
23
Income tax expense (benefit)
142
Interest expense
341
Earnings before interest & taxes
$ 824
Net sales
$ 15,524
Net earnings (loss) margin
2.2 %
Results classification
Earnings before
interest & taxes
Earnings per
diluted share
Reported measure
$ 824
$ 5.66
Restructuring expense (a)
Restructuring costs
63
1.12
Impairment of goodwill, intangibles and other
assets (b)
Impairment of goodwill
and other intangibles
106
1.89
Impact of M&A
transactions (c)
(Gain) loss on sale and
disposal of businesses &
Selling, general and
administrative
Interest and sundry
(income) expense
Equity method investment
income (loss), net of tax*
(15)
(0.26)
Total income tax impact
0.06
Normalized tax rate adjustment (f)
2.19
Ongoing measure
$ 729
$ 6.23
Net Sales
$ 15,524
Ongoing EBIT Margin
4.7 %
Note: Numbers may not reconcile due to rounding.
*Equity method investment in the Earnings before interest & taxes column is presented as (income) loss
FULL-YEAR 2024 ONGOING EARNINGS BEFORE INTEREST AND TAXES AND ONGOING EARNINGS PER DILUTED SHARE
The reconciliation provided below reconciles the non-GAAP financial measures ongoing earnings before interest and taxes and ongoing earnings per diluted share, with the most directly comparable GAAP financial measures, net earnings (loss) available to Whirlpool and net earnings (loss) per diluted share available to Whirlpool, for the twelve months ended December 31, 2024. Net earnings (loss) margin is calculated by dividing net earnings (loss) available to Whirlpool by net sales. Ongoing EBIT margin is calculated by dividing ongoing EBIT by net sales. EBIT margin is calculated by dividing EBIT by net sales. The earnings per diluted share GAAP measure and ongoing measure are presented net of tax, while each adjustment is presented on a pre-tax basis. Our full-year GAAP tax rate was (5.5)%. The aggregate income tax impact of the taxable components of each adjustment is presented in the income tax impact line item at our full-year adjusted tax (non-GAAP) rate of (28.6)%.
Twelve Months
Ended
Earnings Before Interest & Taxes Reconciliation:
December 31, 2024
Net earnings (loss) available to Whirlpool
$ (323)
Net earnings (loss) available to noncontrolling interests
18
Income tax expense (benefit)
10
Interest expense
358
Earnings before interest & taxes
$ 63
Net sales
$ 16,607
Net earnings (loss) margin
(1.9) %
Results classification
Earnings before
interest & taxes
Earnings per
diluted share
Reported measure
$ 63
$ (5.87)
Restructuring expense (a)
Restructuring costs
79
1.44
Impairment of goodwill, intangibles and other
assets (b)
Impairment of goodwill
and other intangibles
381
6.92
Impact of M&A
transactions (c)
(Gain) loss on sale and
disposal of businesses &
Selling, general and
administrative
Equity method investment
income (loss), net of tax*
74
1.34
Total income tax impact
4.28
Normalized tax rate adjustment (f)
(1.16)
Ongoing measure
$ 887
$ 12.21
Net Sales
$ 16,607
Ongoing EBIT Margin
5.3 %
Note: Numbers may not reconcile due to rounding.
*Equity method investment in the Earnings before interest & taxes column is presented as (income) loss
FULL-YEAR 2026 OUTLOOK FOR ONGOING EARNINGS BEFORE INTEREST AND TAXES AND ONGOING EARNINGS PER DILUTED SHARE
The reconciliation provided below reconciles the non-GAAP financial measures ongoing earnings before interest and taxes and ongoing earnings per diluted share, with the most directly comparable GAAP financial measures, net earnings available to Whirlpool common shareholders and net earnings per diluted share available to Whirlpool common shareholders, for the twelve months ending December 31, 2026. Net earnings margin is calculated by dividing net earnings available to Whirlpool common shareholders by net sales. Ongoing EBIT margin is calculated by dividing ongoing EBIT by net sales. EBIT margin is calculated by dividing EBIT by net sales. The earnings per diluted share GAAP measure and ongoing measure are presented net of tax, while each adjustment is presented on a pre-tax basis. Our anticipated full-year GAAP tax rate is approximately 20.0%. The aggregate income tax impact of the taxable components of each adjustment is presented in the income tax impact line item at our anticipated full-year adjusted tax (non-GAAP) rate of approximately 25.0%.
Twelve Months Ending
Earnings Before Interest & Taxes Reconciliation:
December 31, 2026
Net earnings (loss) available to Whirlpool common shareholders
~$150
Mandatory convertible preferred stock dividends accumulated during
the period
~40
Net earnings available to noncontrolling interests
—
Income tax expense (benefit)
~50
Interest expense
~350
Earnings before interest & taxes
~$590
Net sales
~$15,000
Net earnings margin
~1.0 %
Twelve Months Ending
December 31, 2026
Results classification
Earnings before
interest & taxes*
Earnings per
diluted share
Reported measure
~$590
$2.25 - $2.75
Restructuring Expense
Restructuring Costs
~175
~2.70
Impact of M&A
transactions(1)
Selling, general and
administrative &
(Gain) loss on sale and
disposal of business
(135)
(2.10)
Total income tax impact
(0.15)
Normalized tax rate
adjustment (f)
(0.20)
Ongoing measure
~$630
$2.50 - $3.00
Net Sales
~$15,000
Ongoing EBIT Margin
~4.0 %
Note: Numbers may not reconcile due to rounding.
FOOTNOTES
a.
RESTRUCTURING EXPENSE - On July 1, 2026, the Company announced restructuring actions related to the closure of its Supsa manufacturing facility in Apodaca, Mexico which is expected to cease production by the second quarter of 2027. The company incurred $33 million in related expenses in the second quarter of 2026.
In March 2026, the Company committed to workforce reduction plans and multi-region footprint optimization plans in the United States and globally, in an effort to reduce complexity and simplify our organization. The plan includes severance and impairment charges. Total costs for these actions in the second quarter of 2026 were $3 million.
In the second quarter of 2026, the company incurred an additional $5 million in other restructuring for previously approved restructuring actions.
In the first and third quarters of 2025, restructuring actions were announced related to organizational simplification efforts. In Q4, we incurred $46 million in costs related to multi-region footprint optimization with full-year costs totaling $63 million.
In March 2024, the Company committed to workforce reduction plans in the United States and globally, in an effort to reduce complexity and simplify our organizational model after the European major domestic appliance transaction. The workforce reduction plans included involuntary severance actions as of the end of the first quarter of 2024. Total costs for these actions were $21 million, of which we incurred $14 million in employee termination costs and $7 million in other associated costs.
During the second quarter of 2024, the Company evaluated additional restructuring actions as part of the Company's organizational simplification efforts. Total costs for these actions were $58 million, which were primarily employee termination costs.
b.
IMPAIRMENT OF GOODWILL, INTANGIBLES AND OTHER ASSETS - During the fourth quarter of 2025, we determined the carrying value of the JennAir trademark exceeded its fair value, resulting in an impairment charge of $106 million.
During the fourth quarter of 2024, we determined that the carrying value of the Maytag trademark exceeded its fair value, resulting in an impairment charge of $381 million.
c.
IMPACT OF M&A TRANSACTIONS - In June 2026, we reached an agreement with Arcelik to sell Whirlpool's remaining 25% stake in Beko to Beko BV (a subsidiary of Arcelik), accelerate and terminate certain deferred rights related to the August 2022 divestiture of our Russian business, and simplify and eliminate certain long-term obligations and liabilities between Whirlpool and Arcelik. Furthermore, Whirlpool received cash consideration and acquired a ~2.9% equity stake in Arcelik under the terms of the agreement. In connection with the transaction, we received net cash proceeds of $84 million and recorded a gain of $139 million for the three months ended June 30, 2026. The total transaction amount includes $82 million from the sale of our Beko stake, $46 million from the termination of the Russia agreement, and $11 million from the release of previously accrued indemnities and other comprehensive income.
In the fourth quarter of 2025, we sold an 11% stake in our India business and deconsolidated, resulting in a gain of $251 million. In the second quarter of 2026 we incurred $2 million in related M&A transaction costs. In addition, in the first through third quarter of 2025, we incurred $15 million in related M&A transaction costs that are recorded in Selling, General and Administrative expenses on our Consolidated Condensed Statements of Comprehensive Income (Loss).
Additionally, the Company incurred other unique transaction related costs related to portfolio transformation for $4 million for the three months ended June 30, 2026. These transaction costs are recorded in Selling, General and Administrative expenses on our Consolidated Condensed Statements of Comprehensive Income (Loss).
The Company incurred unique transaction related costs related to portfolio transformation for a total of $5 million for the three months ended March 31, 2025.
Additionally, in the third quarter of 2025, we released a $30 million reserve related to an indemnity that is no longer considered probable. This gain is recorded in Loss (Gain) on Sale and Disposal of Businesses on our Consolidated Condensed Statements of Comprehensive Income (Loss).
On January 16, 2023, the Company signed a contribution agreement to contribute our European major domestic appliance business into a newly formed entity with Arcelik. In connection with the transaction, which closed on April 1, 2024, the Company recorded a loss on disposal of $298 million for the twelve months ended December 31, 2024.
The Company incurred other unique transaction related costs related to portfolio transformation for $28 million for the twelve months ended December 31, 2024. These transaction costs are recorded in Selling, General and Administrative expenses on our Consolidated Condensed Statements of Comprehensive Income (Loss).
In the third quarter of 2024, we recorded a gain of $34 million related to the sale of the Company's Brastemp-branded water filtration subscription business related to our portfolio transformation
d.
LEGACY EMEA LEGAL MATTERS - During the second quarter of 2025 and fourth quarter of 2024 we recorded immaterial amounts related to legacy matters of our European major domestic appliance business.
e.
EQUITY METHOD INVESTEE - RESTRUCTURING CHARGES - During the fourth quarter of 2024, we recorded our proportionate share of restructuring charges related to certain previously announced restructuring actions by our European equity method investee. During the fourth quarter of 2025, we reversed $15 million of this provision.
f.
NORMALIZED TAX RATE ADJUSTMENT - During the second quarter of 2026, the Company calculated a GAAP tax rate of 3.5%. Ongoing earnings per share was calculated using an adjusted tax rate of 25.0%, which excludes the tax impacts related to M&A transaction costs and restructuring actions.
For the full year 2025, the Company calculated a GAAP tax rate of 27.5%. Ongoing earnings per share was calculated using an adjusted tax rate of 3.5%, which excludes the tax impacts related to M&A transactions, the JennAir intangible impairment charge, and restructuring actions.
For the full year 2024, the Company calculated a GAAP tax rate of (5.5)%. Ongoing earnings per share was calculated using an adjusted tax rate of (28.6)%, which excludes the tax impacts related to M&A transactions, the Maytag intangible impairment charge, and certain other tax impacts related to the Europe transaction.
Additionally, in the full-year 2026 outlook, the Company calculated ongoing earnings per share using a full-year adjusted tax (non-GAAP) rate of approximately 25.0%.
NET SALES AND ONGOING EBIT EXCLUDING MDA INDIA 2025
The reconciliation provided below reconciles the impact of removing MDA India from our net sales and ongoing EBIT for the twelve months ended December 31, 2025 for the Whirlpool business. Please see elsewhere in this Supplemental Information section for a reconciliation of Ongoing EBIT to GAAP reported net earnings (loss) available to Whirlpool.
2025 As
Reported
MDA India*
2025
Like-for-Like
Net Sales (in billions)
$15.5
$0.8
~$14.7
Ongoing EBIT (in millions)
$729
$41
~$688
Ongoing EBIT Margin
4.7 %
5.0 %
~4.7 %
Note: Numbers may not reconcile due to rounding.
*2025 India financial data (unaudited).
NET SALES AND ONGOING EBIT EXCLUDING MDA EUROPE 2024 FIRST QUARTER AND MDA INDIA 2024 DECEMBER
The reconciliation provided below reconciles the impact of removing Q1 MDA Europe from our net sales and ongoing EBIT for the twelve months ended December 31, 2024 for the Whirlpool business. Please see elsewhere in this Supplemental Information section for a reconciliation of Ongoing EBIT to GAAP reported net earnings (loss) available to Whirlpool.
2024 As
Reported
Q1 2024
MDA Europe*
2024 MDA
India**
2024
Like-for-Like
Net Sales (in billions)
$16.6
$0.8
$0.9
~$14.9
Ongoing EBIT (in millions)
$887
($9)
$32
~$864
Ongoing EBIT Margin
5.3 %
(1.1) %
3.6 %
~5.8 %
Note: Numbers may not reconcile due to rounding.
*Q1 historical segment financial data (unaudited).
**India financial data (unaudited).
Net Sales Year Over Year Change Walk
The reconciliation provided below reconciles the year over year change in net sales percentage utilizing like-for-like net sales figures.
Net Sales
Twelve Months Ended December 31,
(Approximate impact in
billions of dollars)
2024 Like-for-Like
$14.9
2025 Like-for-Like
$14.7
YoY Change
(1.4) %
2025 Like-for-Like
$14.7
2026 Outlook
$15.0
YoY Change
1.5 %
Note: Numbers may not reconcile due to rounding.
FREE CASH FLOW
Free cash flow is cash provided by (used in) operating activities after capital expenditures. The reconciliation provided below reconciles six months ended June 30, 2026 and 2025 and 2026 full-year free cash flow with cash provided by (used in) operating activities, the most directly comparable GAAP financial measure. Free cash flow as a percentage of net sales is calculated by dividing free cash flow by net sales.
Six Months Ended
June 30,
(millions of dollars)
2026
2025
2026 Outlook
Cash provided by (used in) operating activities
$ (947)
$ (702)
~$700
Capital expenditures
(162)
(154)
(~400)
Free cash flow
$ (1,108)
$ (856)
$300+
Cash provided by (used in) investing activities*
$ (123)
$ (154)
Cash provided by (used in) financing activities*
$ 1,610
$ 583
*Financial guidance on a GAAP basis for cash provided by (used in) financing activities and cash provided by (used in) investing activities has not been provided because in order to prepare any such estimate or projection, the Company would need to rely on market factors and certain other conditions and assumptions that are outside of its control.
EQUITY METHOD INVESTMENT INCOME (LOSS), NET OF TAX
The reconciliation provided below reconciles the non-GAAP financial measure ongoing equity method investment income (loss), net of tax to GAAP reported equity method investment income (loss), net of tax, for the three months ended June 30, 2025 and 2026 for the Whirlpool business.
Three Months Ended
June 30,
2026
2025
Equity method investment income (loss), net of tax
$ (5)
$ (18)
Equity method investee - M&A charges
4
—
Ongoing Measure
$ (1)
$ (18)
Note: Numbers may not reconcile due to rounding.
ORGANIC NET SALES
The reconciliation provided below reconciles the non-GAAP financial measure organic net sales to GAAP reported net sales, for three months ended June 30, 2025 and 2026 for the Whirlpool business.
In the latest trading session, Whirlpool (WHR - Free Report) closed at $38.48, marking a +2.26% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.21%. Elsewhere, the Dow saw an upswing of 1.03%, while the tech-heavy Nasdaq depreciated by 0.22%.
Prior to today's trading, shares of the maker of Maytag, KitchenAid and other appliances had lost 0.97% lagged the Consumer Discretionary sector's loss of 0.15% and the S&P 500's gain of 1.7%.
Investors will be eagerly watching for the performance of Whirlpool in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 3, 2026. It is anticipated that the company will report an EPS of -$0.2, marking a 114.93% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $3.6 billion, down 4.55% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.16 per share and revenue of $14.97 billion, indicating changes of -81.38% and -3.6%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Whirlpool. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 33.24% lower. Whirlpool is holding a Zacks Rank of #5 (Strong Sell) right now.
Looking at its valuation, Whirlpool is holding a Forward P/E ratio of 32.58. This indicates a premium in contrast to its industry's Forward P/E of 28.22.
Meanwhile, WHR's PEG ratio is currently 32.58. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Household Appliances industry currently had an average PEG ratio of 16.67 as of yesterday's close.
The Household Appliances industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 98, positioning it in the top 40% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
This is a fair market value price provided by Massive. Learn more.
52-Week Range$35.45▼
$96.57P/E Ratio13.25
Price Target$51.22
Options markets are currently pricing an aggressive 11% swing for Whirlpool NYSE: WHR ahead of the delayed Aug. 3 earnings report. While the scheduling shift stems from CEO Marc Bitzer's recovery from a minor bicycle accident, the outsized volatility premium reflects deeper structural uncertainty in consumer durables and a housing market in stagnation.
By looking at the pricing of at-the-money straddles expiring just after the report release, investors can see market makers are bracing for severe turbulence. Whirlpool sits at the direct intersection of consumer credit health and real estate velocity.
Get Whirlpool alerts:
As a leading proxy for new home builds and extensive renovations, the upcoming guidance update will heavily dictate market sentiment for the broader housing and home improvement sectors. Understanding the underlying metrics driving this implied move turns this specific earnings report into one of the most critical macro tells of the quarter.
Pouring the Foundation: Appliances and Home SalesIn the consumer durables sector, appliance revenues historically lag existing home turnover by three to six months. With annualized existing home sales stagnating near 4.09 million units through mid-2026, the frozen real estate market is translating directly into a dormant replacement cycle.
High interest rates have trapped homeowners in their current mortgages, a phenomenon that severely limits the organic turnover naturally driving big-ticket discretionary purchases. A consumer moving into a newly purchased existing home often initiates a remodeling cycle by upgrading the kitchen suite or laundry machines.
When transaction velocity drops, that cascading effect on consumer durables creates a measurable revenue vacuum.
Management recently compared the 10% first-quarter industry demand drop directly to conditions during the global financial crisis. The delayed August earnings report will capture the severity of the real estate freeze experienced earlier this year, moving the narrative from theoretical macro headwinds to quantifiable margin compression.
Structural Flaws: Debt Loads and Margin DecayLooking closely at the underlying financials reveals severe distress beneath the surface. Whirlpool is trading down roughly 47% year to date, hovering near its 52-week low of $35.45. While the trailing price-to-earnings ratio is 12.79, the forward price-to-earnings ratio of 32.67 signals market expectations of a sharp earnings contraction. The price-to-book ratio is at a low of 0.78, reflecting a deep discount on Whirlpool's assets by institutional investors.
Profitability metrics highlight the operational strain. Net margins are heavily compressed at 1.08%, with pre-tax margins of 2.15% and a return on equity of 7.68%. S&P Global recently downgraded the corporate credit rating to BB, projecting adjusted leverage will remain elevated near 4.9x through the end of the year. This heavy debt load, combined with a half-billion-dollar inventory glut, restricts free cash flow and operational flexibility.
To preserve capital and ensure survival, Whirlpool officially suspended dividends in May 2026, pivoting aggressively to prioritize paying down over $900 million in debt and to shift to an asset-based revolver. Reeling from the invalidation of emergency tariffs and multiyear inflationary pressures, the manufacturer implemented a 10% price hike in April, followed by a planned 4% list-price increase in July.
Goldman Sachs recently downgraded the stock to neutral, citing a 15% collapse in discretionary appliance purchases and forecasting North American shipments to decline an additional 4% for the full year. Raising prices into a collapsing demand curve rarely expands margins. It typically accelerates volume decay. Consumers are opting to repair rather than replace large units, a shift evident in the isolated 13.5% growth forecast within Whirlpool's small domestic appliances and spare parts divisions.
Remodeling the Boardroom: Appaloosa Steps InThe 11% implied options move is not entirely driven by macroeconomic uncertainty. Idiosyncratic risks are heavily polluting the volatility premium. Appaloosa Management, led by billionaire David Tepper, initiated a hostile public campaign against Whirlpool earlier in 2026. The activist fund criticized board governance and capital allocation, noting a 52% total shareholder loss under current executive tenure and condemning recent recapitalization strategies as highly dilutive.
Activist investors target durable goods manufacturers when they spot fixable inefficiencies in cash flow generation. In an effort to bypass traditional retail bottlenecks and improve margins, Whirlpool is accelerating its direct-to-consumer marketing push through a new collaboration with GrowthLoop. While building a direct sales channel offers long-term higher-margin potential, it requires significant upfront capital expenditure at a time when the balance sheet is already under severe duress. The options market is pricing in balance-sheet survival just as much as it reflects broader real estate velocity.
Whirlpool Corporation (WHR) Price Chart for Tuesday, July, 28, 2026
Collateral Damage: Downstream Retail ContagionDistress at the original equipment manufacturer level rarely stays contained. If Whirlpool fails to clear its backlog despite recent cost-cutting measures, it becomes a direct headwind for major distribution partners. A downward guidance revision from Whirlpool will serve as an immediate warning shot for home improvement giants like Home Depot NYSE: HD and Lowe's NYSE: LOW.
These retailers rely heavily on big-ticket replacements to drive seasonal revenue and support operating margins. When consumers defer large purchases, retailers lose the high-value transactions that pad quarterly earnings, along with the lucrative installation and extended warranty attachments that accompany them. The appliance backlog at the manufacturing level signals imminent margin compression for these downstream players, making Whirlpool's inventory health a leading indicator for broader retail contraction.
Final Walkthrough: Navigating the Implied MoveNavigating an aggressive double-digit implied move requires separating company-specific balance sheet maneuvers from broader macroeconomic signals. The underlying demand metrics provided during the upcoming call will offer a clear read on distressed consumers.
Cautious investors might monitor Whirlpool's forward guidance on Aug. 3 as a health check before adjusting exposure to the broader housing and home remodeling sectors. If management confirms sustained demand compression and an inability to pass costs on to consumers, it could trigger a reassessment of valuations across homebuilders and home improvement retailers. Those tracking the structural shifts in the physical economy can use this data point to map the trajectory of consumer discretionary spending heading into the fall.
Should You Invest $1,000 in Whirlpool Right Now?Before you consider Whirlpool, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Whirlpool wasn't on the list.
While Whirlpool currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2026 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Billionaire hedge fund manager David Tepper is the founder of Appaloosa Management and one of the biggest names on Wall Street. Accordingly, when he goes public with an activist push, investors pay attention.
Tepper did just that sending a scathing letter to Whirlpool’s board that criticized management for destroying shareholder value and demanded sweeping strategic changes. According to Verity data cited in the CNBC report that first obtained the letter, Whirlpool (NYSE:WHR | WHR Price Prediction) was the eighth-largest position in Appaloosa’s portfolio at the end of Q4 2025, valued at roughly $282 million.
The disclosure landed on a stock that has been eviscerated. Whirlpool shares are down 60.87% over the past year and 47.66% year to date, trading around $38.12 against a 52-week high of $94.09. The company’s market capitalization has collapsed to roughly $2.39 billion, and the price-to-book ratio sits at 0.639.
What Tepper Bought and Why It Matters A $282 million position from a manager known for concentrated distressed bets is a serious signal. Tepper’s letter specifically targeted Whirlpool’s recent equity issuance as dilutive at a cost exceeding 10%, criticized management for failing to capitalize on tariffs, and floated strategic alternatives including partnerships or mergers.
That framing matters, because it converts a passive value bet into an activist catalyst, one where a well-capitalized outside investor is pressuring the board while the underlying business already has multiple structural tailwinds.
The Underlying Thesis Whirlpool’s fundamentals justify why a contrarian would look here. The company’s Q1 2026 revenue fell 9.6% to $3.27 billion, ongoing loss came in at $0.56 per share, and North America EBIT cratered 96% to just $6 million. That is peak distress. Against that backdrop, management has taken decisive action with the largest price increase in over a decade, a recapitalization generating over $1 billion in proceeds, a planned $900 million in debt reduction, and structural cost takeout of over $150 million for 2026.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Whirlpool didn't make the cut. Grab the names FREE today.
CEO Marc Bitzer flagged the strategic edge directly: “with Section 232 changes in favor of domestic manufacturers, Whirlpool Corporation is structurally positioned to win with our American-made products.” Housing starts running at 1.43 million annualized in June 2026 add cyclical optionality. Full-year guidance calls for ongoing EPS of $3.00 to $3.50 and free cash flow above $300 million.
Should Retirement-Focused Investors Follow? In this case, I think investors would be best-served to follow Tepper with caution. Whirlpool’s current setup rewards patient capital, and Tepper is patient capital.
The risks are meaningful and notable with this particular name, given hat Whirlpool suspended its common dividend to prioritize deleveraging, mandatory convertible preferred stock sits above the common in the capital stack, and the consensus analyst price target of $52.55 reflects a Wall Street rating skew that includes seven holds, one sell, and two strong sells against a single buy. Furthermore, a forward P/E of 45x on depressed earnings underlines how much has to go right for investors to see a meaningful payout.
For retirement-focused readers, I think Tepper’s activist stake plus tariff tailwinds plus a completed recapitalization is a credible turnaround thesis. That said, Whirlpool’s dividend suspension removes the income anchor that historically made the company a portfolio staple. This is a workout situation, not an income holding. Following Tepper here means accepting equity-like volatility for a multi-year re-rating, sized accordingly.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Whirlpool didn't make the cut. Grab the names FREE today.
, /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) announced today that it has rescheduled the release of its second-quarter financial results and corresponding conference call.
The financial results and presentation materials will now be released at 4:05 p.m. ET on Monday, August 3, 2026. Whirlpool Corporation will hold a conference call to discuss its performance with the investment community at 8 a.m. ET on Tuesday, August 4, 2026. The schedule has been adjusted to accommodate Marc Bitzer, Chairman and Chief Executive Officer, who is recovering at home from a minor bicycle accident and expected to return to the office by August 3.
To participate in the conference call, dial 1 (888) 440-4038 and Conference ID 2610251. International participants should dial 1 (646) 960-0861 and Conference ID 2610251. Participants should dial in at least 10 minutes prior to the call, as they may experience longer than usual wait times.
The conference call will be webcast live on the Company's website at investors.whirlpoolcorp.com and may be accessed by clicking on the "News & Events" tab located at the top of the page, and by clicking on "Events & Presentations". To listen to the live webcast, participants should visit the site at least 15 minutes prior to the conference call to download any required streaming media software. Key financial statistics, the earnings presentation, and an archived recording of the conference call will be available on the Company's website for at least 30 days.
About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales - close to 90% of which were in the Americas - 41,000 employees, and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.
Website Disclosure
We routinely post important information for investors on our website, WhirlpoolCorp.com, in the "Investors" section. We also intend to update the Hot Topics Q&A portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.
Key Takeaways Whirlpool's Q2 sales are likely to fall 4.5% YoY, while earnings are projected to plunge 94.03%.Price hikes and over $150 million in cost savings may aid margins despite soft appliance demand.SDA is expected to grow 13.5%, led by KitchenAid launches, direct sales and share gains. Whirlpool Corporation (WHR - Free Report) is expected to witness declines in its top and bottom lines when it reports second-quarter 2026 results.
The household appliance company’s quarterly revenues are pegged at $3.61 billion, down 4.5% from the prior-year quarter’s figure. The consensus estimate for quarterly earnings has moved downward in the past 30 days to 8 cents per share. However, the consensus mark for earnings indicates a 94.03% fall from the year-ago quarter’s figure.
Whirlpool delivered a negative earnings surprise of 230.2% in the last reported quarter. The bottom line has missed estimates by 55.9%, on average, over the trailing four quarters.
Key Points to Note Ahead of WHR’s Q2 ResultsWhirlpool's second-quarter results are expected to reflect the early benefits of the aggressive pricing actions and cost initiatives announced following a difficult first quarter. Management implemented its largest price increase in more than a decade, including promotional price increases of more than 10%, with additional list-price increases scheduled to take effect during the quarter. The company indicated that these actions would begin benefiting price/mix in the second quarter and continue building through the remainder of the year. Investors will closely monitor whether pricing has remained intact despite a still-soft demand environment and whether the initial recovery in North American margins has started to materialize.
The Zacks Consensus Estimate for MDA North America is currently pegged at $2419 million, indicating a decline of 5.8%.
North American demand trends are likely to remain the biggest determinant of Whirlpool's quarterly performance. Consumer sentiment remained near historic lows following the sharp decline witnessed in March, leading consumers to postpone discretionary appliance purchases and increasingly favor lower-priced products. While management expects March to represent the trough, it also anticipates only a gradual improvement in industry conditions rather than a sharp recovery. Investors will therefore look for evidence that replacement demand has remained resilient, promotional activity has moderated and retail sell-through has stabilized during the quarter.
Margin performance in the second quarter is expected to benefit from Whirlpool's accelerated cost-reduction initiatives and improving competitive dynamics. The company remains on track to deliver more than $150 million in cost savings during 2026 through manufacturing optimization, vertical integration, strategic sourcing and fixed-cost reductions. At the same time, the updated Section 232 tariffs are expected to provide Whirlpool with a structural competitive advantage given its predominantly U.S.-based manufacturing footprint, while imported appliances face materially higher tariff costs. Although raw-material inflation and tariff expenses remain headwinds, management expects the combination of pricing actions and productivity improvements to support a gradual recovery in profitability during the quarter.
Performance across Whirlpool's business segments is likely to remain mixed, with Small Domestic Appliances (SDA) continuing to outperform despite macroeconomic challenges affecting major appliances. Management highlighted another quarter of strong SDA growth, driven by KitchenAid's premium product launches, direct-to-consumer momentum and continued market-share gains. At the same time, major appliance demand is expected to remain pressured by weak consumer confidence, a challenging housing market and ongoing mix headwinds.
The Zacks Consensus Estimate for SDA is currently pegged at $227 million, indicating growth of 13.5%.
What the Zacks Model Unveils for WHROur proven model doesn’t conclusively predict an earnings beat for Whirlpool this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.
Whirlpool currently has an Earnings ESP of -436.00% and a Zacks Rank #5 (Strong Sell). You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Valuation Picture of WHR StockWith a forward 12-month price-to-earnings ratio of 16.48x, which is below the five-year high of 17.50x and above the Household Appliances industry’s average of 15.57x, the stock offers compelling value for investors seeking exposure to the sector.
Image Source: Zacks Investment Research
The recent market movements show that WHR’s shares have lost 32.7% in the past three months compared with the industry's 27.9% decline.
Image Source: Zacks Investment Research
Stocks Poised to Beat Earnings EstimatesHere are some companies that, according to our model, have the right combination of elements to post an earnings beat:
SharkNinja, Inc. (SN - Free Report) currently has an Earnings ESP of +1.29% and a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.
SN is likely to register growth in its bottom and top lines when it reports second-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $1.6 billion, indicating a 13.5% increase from the figure reported in the year-ago quarter.
The consensus estimate for SN’s second-quarter earnings is pegged at $1.09 per share, implying 12.4% growth from the year-ago quarter’s actual. The consensus mark has dipped a penny in the past 30 days.
MGM Resorts International (MGM - Free Report) currently has an Earnings ESP of +0.08% and a Zacks Rank of 3. MGM is likely to register a top-line increase when it reports second-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $4.5 billion, indicating a 1.4% rise from the figure reported in the year-ago quarter.
The consensus estimate for MGM Resorts’ second-quarter earnings is pegged at 62 cents a share, implying a 21.5% decrease from the year-earlier quarter. The consensus mark has increased by 2 cents in the past seven days.
Hilton Worldwide, Inc. (HLT - Free Report) currently has an Earnings ESP of +1.54% and a Zacks Rank of 3.
For the to-be-reported quarter, Hilton Worldwide’s earnings are expected to increase 3.6%. Hilton Worldwide reported better-than-expected earnings in each of the trailing four quarters, the average surprise being 4.6%.
, /PRNewswire/ -- Whirlpool Corporation, one of the world's most iconic home appliance companies, and GrowthLoop, a pioneer in agentic AI-powered marketing solutions, today announced a partnership to drive growth across the company's KitchenAid Small Appliances portfolio. This partnership supports Whirlpool Corporation's customer engagement strategy and activation on its cloud-native data warehouse.
Whirlpool and GrowthLoop are helping teams activate more effectively, deliver more personalized customer experiences, and maximize the value of cloud data. GrowthLoop helps companies unlock a more complete view of its customers, helping teams better understand consumer preferences and engagement opportunities. The insights support more personalized experiences across a portfolio of brands and products.
"A cloud-native data warehouse is central to modernizing our customer engagement strategy across every brand," said Gokul Nair, CIO for KitchenAid Small Appliances. "Collaborating with companies like GrowthLoop helps us maximize this investment—delivering personalized experiences for our consumers and strong, measurable returns for the business."
For Whirlpool Corporation, GrowthLoop is helping build and activate audiences efficiently while supporting an agile approach to customer engagement and experimentation. Whirlpool Corporation is also using the platform to identify high-value subsegments within broader campaigns, helping teams uncover opportunities for more relevant engagement.
Rather than introducing another siloed marketing platform, GrowthLoop enables Whirlpool Corporation to maximize the value of its existing infrastructure, keeping audience intelligence, activation, and measurement centralized within the warehouse.
"The era of the monolithic marketing cloud is over," said Anthony Rotio, co-founder and co-CEO of GrowthLoop. "Legacy infrastructure is killing speed, and today's marketers need faster access to audience insights and activation."
Whirlpool and GrowthLoop are helping teams activate more effectively, deliver more personalized customer experiences, and maximize the value of cloud data.
About GrowthLoop
GrowthLoop is a pioneer in composable, AI-powered marketing on the data cloud, featured on G2 by its customers as a momentum leader with the best ROI for enterprise. The GrowthLoop agentic composable CDP drives compound growth by accelerating the marketing cycle using agentic AI powered by your enterprise cloud data. Working alongside AI agents, teams use GrowthLoop to translate customer data into precise audiences and activate those audiences across real-time customer journeys, measuring and improving performance through always-on analysis — all with zero data movement. Thousands of marketers at enterprises like Costco, Albertsons, and Ford rely on GrowthLoop to bring their AI strategy to life, grow faster with every experiment, personalize every customer touchpoint, and drive rapidly compounding results.
About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales—close to 90% of which were in the Americas—41,000 employees and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.
Wall Street analysts expect Whirlpool (WHR - Free Report) to post quarterly earnings of $0.08 per share in its upcoming report, which indicates a year-over-year decline of 94%. Revenues are expected to be $3.61 billion, down 4.5% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 11.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific Whirlpool metrics that are routinely monitored and predicted by Wall Street analysts.
According to the collective judgment of analysts, 'Net Sales- Latin America Major Domestic Appliances' should come in at $907.50 million. The estimate indicates a year-over-year change of +12.6%.
Analysts predict that the 'Net Sales- North America Major Domestic Appliances' will reach $2.42 billion. The estimate indicates a change of -1.1% from the prior-year quarter.
The consensus among analysts is that 'Net Sales- Global Small Domestic Appliances' will reach $226.50 million. The estimate indicates a change of +12.7% from the prior-year quarter.
View all Key Company Metrics for Whirlpool here>>>
Shares of Whirlpool have demonstrated returns of +0.7% over the past month compared to the Zacks S&P 500 composite's +0.3% change. With a Zacks Rank #5 (Strong Sell), WHR is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Whirlpool (WHR - Free Report) ended the recent trading session at $36.91, demonstrating a -3.48% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.19%. Meanwhile, the Dow lost 0.59%, and the Nasdaq, a tech-heavy index, lost 0.05%.
The stock of maker of Maytag, KitchenAid and other appliances has fallen by 1.6% in the past month, lagging the Consumer Discretionary sector's gain of 1.02% and the S&P 500's gain of 0.55%.
Market participants will be closely following the financial results of Whirlpool in its upcoming release. It is anticipated that the company will report an EPS of $0.08, marking a 94.03% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.61 billion, down 4.45% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.16 per share and a revenue of $15.02 billion, indicating changes of -81.38% and -3.26%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Whirlpool. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 54.41% fall in the Zacks Consensus EPS estimate. Whirlpool is currently a Zacks Rank #5 (Strong Sell).
Looking at valuation, Whirlpool is presently trading at a Forward P/E ratio of 33.11. For comparison, its industry has an average Forward P/E of 28.5, which means Whirlpool is trading at a premium to the group.
Investors should also note that WHR has a PEG ratio of 33.11 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Household Appliances industry currently had an average PEG ratio of 16.94 as of yesterday's close.
The Household Appliances industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 102, positioning it in the top 42% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
