Latest Ratios: P/E Ratio 6.6x · EV/EBITDA 9.0x · ROE 11.2%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.4B | $4.1B | $6.3B | $6.7B | $7.9B | $14.8B | $11.4B | $9.5B | $7.2B | $12.5B | $14.0B |
| Enterprise Value | $9.6B | $11.2B | $12.4B | $13.0B | $14.1B | $17.7B | $14.7B | $13.3B | $11.7B | $16.5B | $17.4B |
| P/E Ratio → | 6.56 | 12.75 | — | 13.98 | — | 8.28 | 10.63 | 8.00 | — | 35.88 | 15.81 |
| P/S Ratio | 0.16 | 0.26 | 0.38 | 0.35 | 0.40 | 0.67 | 0.59 | 0.46 | 0.34 | 0.59 | 0.68 |
| P/B Ratio | 0.77 | 1.49 | 2.15 | 2.65 | 3.16 | 2.94 | 2.38 | 2.30 | 2.24 | 2.45 | 2.45 |
| P/FCF | 26.18 | 44.07 | 16.43 | 18.37 | 9.64 | 8.94 | 10.48 | 13.57 | 11.24 | 21.63 | 25.84 |
| P/OCF | 5.01 | 8.43 | 7.55 | 7.35 | 5.69 | 6.78 | 7.62 | 7.70 | 5.84 | 9.93 | 11.66 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.72 | 0.74 | 0.67 | 0.72 | 0.81 | 0.76 | 0.65 | 0.55 | 0.78 | 0.84 |
| EV / EBITDA | 9.01 | 10.56 | 10.28 | 8.32 | 8.42 | 6.25 | 5.94 | 7.81 | 6.45 | 7.71 | 8.10 |
| EV / EBIT | 13.20 | 13.66 | 72.76 | 13.77 | — | 7.08 | 8.98 | 7.65 | 68.65 | 15.76 | 13.64 |
| EV / FCF | — | 122.21 | 32.21 | 35.50 | 17.25 | 10.75 | 13.48 | 19.04 | 18.26 | 28.48 | 31.99 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.2% | 15.2% | 15.4% | 16.4% | 15.3% | 20.1% | 19.5% | 16.0% | 15.9% | 16.9% | 17.3% |
| Operating Margin | 4.7% | 4.7% | 5.2% | 6.2% | 6.1% | 10.7% | 9.8% | 5.5% | 5.5% | 7.0% | 7.2% |
| Net Profit Margin | 2.0% | 2.0% | -1.9% | 2.5% | -7.7% | 8.1% | 5.5% | 5.8% | -0.9% | 1.6% | 4.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.2% | 11.2% | -11.8% | 19.1% | -40.4% | 36.4% | 24.1% | 32.3% | -4.4% | 6.4% | 15.6% |
| ROA | 2.0% | 2.0% | -1.9% | 2.8% | -8.1% | 8.8% | 5.5% | 6.4% | -1.0% | 1.8% | 4.7% |
| ROIC | 5.8% | 5.8% | 7.3% | 10.3% | 10.8% | 21.9% | 17.9% | 10.7% | 10.4% | 12.3% | 12.5% |
| ROCE | 7.9% | 7.9% | 9.0% | 11.1% | 10.5% | 19.6% | 16.9% | 11.6% | 11.5% | 12.9% | 13.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.89 | 2.89 | 2.50 | 3.09 | 3.27 | 1.20 | 1.29 | 1.40 | 1.88 | 1.02 | 0.78 |
| Debt / EBITDA | 7.38 | 7.38 | 6.10 | 5.02 | 4.88 | 2.13 | 2.51 | 3.39 | 3.33 | 2.43 | 2.08 |
| Net Debt / Equity | — | 2.65 | 2.07 | 2.47 | 2.49 | 0.60 | 0.68 | 0.93 | 1.40 | 0.77 | 0.58 |
| Net Debt / EBITDA | 6.75 | 6.75 | 5.04 | 4.02 | 3.71 | 1.05 | 1.32 | 2.24 | 2.48 | 1.85 | 1.56 |
| Debt / FCF | — | 78.14 | 15.79 | 17.14 | 7.61 | 1.81 | 3.00 | 5.47 | 7.03 | 6.85 | 6.15 |
| Interest Coverage | 2.41 | 2.41 | 0.47 | 2.69 | -5.46 | 14.33 | 8.66 | 9.29 | 0.57 | 4.21 | 5.31 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.76 | 0.76 | 0.72 | 0.89 | 1.08 | 1.14 | 1.10 | 0.88 | 0.82 | 0.94 | 0.96 |
| Quick Ratio | 0.40 | 0.40 | 0.44 | 0.57 | 0.73 | 0.82 | 0.82 | 0.59 | 0.55 | 0.58 | 0.62 |
| Cash Ratio | 0.10 | 0.10 | 0.17 | 0.23 | 0.33 | 0.36 | 0.35 | 0.23 | 0.16 | 0.15 | 0.15 |
| Asset Turnover | — | 0.97 | 1.02 | 1.12 | 1.15 | 1.08 | 0.95 | 1.08 | 1.15 | 1.06 | 1.08 |
| Inventory Turnover | 5.71 | 5.71 | 6.91 | 7.24 | 7.99 | 6.46 | 6.81 | 7.03 | 6.98 | 5.91 | 6.54 |
| Days Sales Outstanding | — | 30.00 | 28.95 | 28.68 | 28.78 | 51.47 | 58.35 | 39.28 | 38.34 | 45.77 | 47.76 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 14.3% | 7.4% | 6.1% | 5.7% | 4.9% | 2.3% | 2.7% | 3.2% | 4.3% | 2.5% | 2.1% |
| Payout Ratio | 94.3% | 94.3% | — | 79.8% | — | 19.0% | 28.9% | 25.8% | — | 89.1% | 33.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 15.2% | 7.8% | — | 7.2% | — | 12.1% | 9.4% | 12.5% | — | 2.8% | 6.3% |
| FCF Yield | 3.8% | 2.3% | 6.1% | 5.4% | 10.4% | 11.2% | 9.5% | 7.4% | 8.9% | 4.6% | 3.9% |
| Buyback Yield | 0.0% | 0.0% | 0.8% | 0.0% | 11.4% | 7.1% | 1.1% | 1.6% | 16.1% | 6.0% | 3.7% |
| Total Shareholder Yield | 14.3% | 7.4% | 6.9% | 5.7% | 16.4% | 9.3% | 3.8% | 4.8% | 20.3% | 8.5% | 5.8% |
| Shares Outstanding | — | $56M | $55M | $55M | $56M | $63M | $63M | $64M | $67M | $74M | $77M |
High leverage and liquidity
According to current market data, Whirlpool trades at a P/E of 6.89 and a P/S of 0.16, suggesting that investors are heavily discounting the company's future earnings potential due to persistent revenue contraction and the significant risks associated with its highly levered capital structure in a stagnant housing market.
The low P/E multiple appears to reflect a market expectation of structural earnings decay rather than a temporary cyclical trough. While the 13.6% dividend yield may attract income-oriented investors, the valuation suggests the market is pricing in a high probability of a dividend cut or further balance sheet impairment.
Based on reported financial statements, Whirlpool's ROIC has struggled to exceed 2.3% over the last ten quarters, indicating that the company is failing to generate returns on invested capital that meaningfully exceed its cost of capital, thereby eroding long-term shareholder value through inefficient asset utilization.
The persistent inability to drive ROIC above low single digits suggests that the company's high-fixed-cost manufacturing model is not currently optimized for the prevailing demand environment. This trend warrants investigation into whether the company's capital allocation strategy is effectively prioritizing high-margin segments or merely subsidizing underperforming legacy operations.
As reported in recent filings, Whirlpool's cash conversion cycle has exhibited extreme volatility, swinging from -5 days to 9 days within the last two years, which highlights the company's ongoing struggle to manage inventory levels effectively amidst unpredictable demand patterns in the North American appliance market.
The reliance on fluctuating payables and inventory levels to manage liquidity suggests that operational efficiency is being sacrificed to preserve short-term cash flow. Investors should monitor whether these working capital swings are indicative of deeper supply chain friction or a reactive management approach to declining sales volume.
Based on the provided data, Whirlpool's debt-to-equity ratio remains elevated at 1.88 as of 2026Q1, signaling that the company's reliance on debt financing is becoming increasingly precarious as interest coverage ratios have declined to 0.65, potentially limiting the firm's ability to navigate further macroeconomic downturns.
The high leverage profile, combined with a net margin of only 2.04%, leaves little room for operational error or unexpected capital expenditures. This financial structure appears to force a defensive posture, potentially preventing the company from investing in the necessary automation or innovation required to compete with more agile, lower-cost global peers.
Investors frequently misapply the dividend yield as a proxy for safety, yet at 13.6%, this metric likely obscures the underlying risk of capital erosion, as the company's negative free cash flow in recent quarters suggests that the payout is currently unsustainable without further increasing the debt burden.
Relying on dividend yield in a capital-intensive, cyclical business model like Whirlpool's is misleading because it ignores the company's inability to fund these distributions through organic cash generation. A more appropriate metric for assessing the sustainability of shareholder returns would be the FCF payout ratio, which currently highlights a significant disconnect between cash generation and capital allocation.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying WHR stock.
Whirlpool Corporation's current P/E ratio is 6.6x. The historical average is 14.5x.
Whirlpool Corporation's current EV/EBITDA is 9.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.6x.
Whirlpool Corporation's return on equity (ROE) is 11.2%. The historical average is 11.1%.
Based on historical data, Whirlpool Corporation is trading at a P/E of 6.6x. Compare with industry peers and growth rates for a complete picture.
Whirlpool Corporation's current dividend yield is 14.33% with a payout ratio of 94.3%.
Whirlpool Corporation has 15.2% gross margin and 4.7% operating margin.
Whirlpool Corporation's Debt/EBITDA ratio is 7.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.