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Whirlpool Corporation
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Global home appliances designer and manufacturer
Whirlpool Corporation
Work Here?
Global home appliances designer and manufacturer
Overview
Whirlpool Corporation designs, manufactures, and sells home appliances for households worldwide, including refrigerators, washing machines, ovens, and dishwashers. The company serves individual consumers, businesses, and large retailers, and earns revenue from direct appliance sales as well as after-sales services and extended warranties. Its products work by combining electrical, mechanical, and software components to perform tasks like cooling, washing, cooking, and cleaning, with ongoing support through repairs, parts, and service plans. Whirlpool differentiates itself through its global manufacturing footprint, a broad portfolio of brands (such as Brastemp and JennAir) and a strong focus on research and development, ESG practices, and customer service. Its goal is to create long-term shareholder value by delivering reliable, high-quality appliances while pursuing sustainable, ethical business practices and continuous improvement to meet consumer needs.
About Whirlpool Corporation
Industries
Industrial & Manufacturing
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
Benton Harbor, Michigan
Founded
1911
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Simplify's Take
What believers are saying
- Q2 2026 margins improved sequentially, and management kept full-year revenue guidance unchanged.
- Whirlpool launched over 100 new products in 2026, including KitchenAid AI-enabled appliances.
- Ohio investments of $425 million add capacity, jobs, and U.S. political support.
What critics are saying
- Whirlpool closed Supsa, Mexico by Q2 2027 and cut workforce globally in March 2026.
- $2 billion secured notes and $8.06 billion debt leave refinancing risk through 2028.
- If appliance demand stays weak, leverage can crush cash flow and force asset sales.
What makes Whirlpool Corporation unique
- Whirlpool is the only major U.S.-based appliance maker, with deep Ohio manufacturing.
- KitchenAid, JennAir, Maytag, and Whirlpool brands span premium and mass-market channels.
- Its 70-year apprenticeship system and in-house plants create hard-to-copy production know-how.
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Funding
Total Funding
$4B
Above
Industry Average
Funded Over
4 Rounds
Stock Price
Growth & Insights and Company News
6 month growth
↑ 7%1 year growth
↑ 7%2 year growth
↑ 7%Whirlpool's stock has plummeted 54.4% since February 2026, dropping to $39.43 per share. Despite the lower price, analysts suggest caution. The appliance maker's revenue has declined 7.3% annually over the past five years, signalling weak demand. More concerning, earnings per share have fallen 38.4% annually during the same period, indicating the company struggled to adjust its fixed costs to shrinking demand. Whirlpool's financial position adds further risk. The company carries $8.06 billion in debt against just $1.24 billion in cash. Its net-debt-to-EBITDA ratio stands at 9×, based on $781 million in EBITDA over the last 12 months, suggesting it is overleveraged. The stock trades at 12× forward price-to-earnings, which analysts consider fair but not compelling given the company's challenges.
Whirlpool's second-quarter results missed Wall Street's revenue and earnings expectations, though the market reacted positively. The company reported revenue of $3.52 billion, down 6.8% year-on-year and slightly below the $3.56 billion estimate. Adjusted earnings per share came in at minus $0.21, significantly missing the $0.05 forecast. Operating margin remained steady at 4.6%. CEO Marc Bitzer attributed sequential margin improvement to pricing actions and the launch of over 100 new products across North America. The company reconfirmed its full-year revenue guidance of $15 billion but lowered its adjusted EPS guidance to $2.75, a 15.4% decrease. Management expects flat to slightly improved market share in the second half, supported by new product launches and selective promotions.
Acting US Labour Secretary Keith Sonderling visited Whirlpool Corporation's Clyde, Ohio facility to observe the company's apprenticeship programmes. The plant, operational since 1952, employs approximately 2,600 people and has run a formal apprenticeship programme since 1958. Whirlpool is investing $300 million in its Clyde and Marion laundry operations, including modernised production lines and new front-load washers and dryers. The company is also constructing a new parts and sub-assembly plant in Perrysburg that will employ up to 150 people. The four-year, state-certified apprenticeship programme combines classroom instruction with on-the-job training. Whirlpool maintains approximately 20,000 US employees, including 14,000 manufacturing workers, and builds 80% of what it sells domestically.
Whirlpool reported a quarterly loss of $0.21 per share for Q2 ended June 2026, missing the Zacks Consensus Estimate of a $0.20 loss. This represents a 5% earnings surprise. A year ago, the company posted earnings of $1.34 per share. Revenue came in at $3.52 billion, missing estimates by 2.35% and down from $3.77 billion in the year-ago period. The company has topped consensus revenue estimates only once over the past four quarters. Whirlpool shares have fallen approximately 48% since the beginning of the year, whilst the S&P 500 gained 9.4%. The company currently holds a Zacks Rank of Strong Sell, indicating expected underperformance versus the market in the near future.
Whirlpool Corporation has rescheduled the release of its second-quarter financial results to 4:05 pm ET on 3 August 2026, with a conference call following at 8 am ET on 4 August 2026. The change accommodates Marc Bitzer, chairman and chief executive officer, who is recovering at home from a minor bicycle accident and is expected to return to the office by 3 August. The company, which reported approximately $16 billion in annual net sales in 2025, manufactures kitchen and laundry appliances under brands including Whirlpool, KitchenAid, JennAir, Maytag, and Amana. The conference call will be webcast live on the company's investor relations website, with key financial statistics and an archived recording available for at least 30 days.
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About Whirlpool Corporation
Industries
Industrial & Manufacturing
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
Benton Harbor, Michigan
Founded
1911
There are no jobs for Whirlpool Corporation right now.
Find jobs on Simplify and start your career today