Revenue: As of FY2025, the actual value is USD 15.52 B, missing the estimate of USD 15.69 B.EPS: As of FY2025, the actual value is USD 5.66, beating the estimate of USD 5.3975.EBIT: As of FY2025, the actual value is USD 824 M.<h4>Full Year 2025 vs. Full Year 2024 Financial Performance</h4><ul><li>Net Sales: 惠而浦 (Whirlpool Corporation) reported net sales of $15,524 million in 2025, a decrease of 6.5% from $16,607 million in 2024. Organic net sales were $15,703 million in 2025, a decrease of 0.3% from $15,749 million in 2024.</li><li>GAAP Net Earnings Available to 惠而浦 (Whirlpool Corporation): The company’s GAAP net earnings available to 惠而浦 (Whirlpool Corporation) were $318 million in 2025, compared to -$323 million in 2024.</li><li>Ongoing EBIT: Ongoing EBIT for 2025 was $729 million, a decrease of 17.8% from $887 million in 2024.</li><li>GAAP Net Earnings Margin: The GAAP net earnings margin was 2.2% in 2025, an increase of 4.1 percentage points from -1.9% in 2024.</li><li>Ongoing EBIT Margin: The ongoing EBIT margin was 4.7% in 2025, a decrease of 0.6 percentage points from 5.3% in 2024.</li><li>Cash Provided by Operating Activities: Cash provided by operating activities was $467 million in 2025, a decrease of $368 million from $835 million in 2024.</li><li>Free Cash Flow: Free cash flow was $78 million in 2025, a decrease of $307 million from $385 million in 2024.</li></ul><h4>Fourth Quarter 2025 vs. Fourth Quarter 2024 Financial Performance</h4><ul><li>Net Sales: Net sales for Q4 2025 were $4,098 million, a decrease of 0.9% from $4,136 million in Q4 2024. Organic net sales for Q4 2025 were $4,046 million, a decrease of 0.9% from $4,082 million in Q4 2024.</li><li>GAAP Net Earnings Available to 惠而浦 (Whirlpool Corporation): GAAP net earnings available to 惠而浦 (Whirlpool Corporation) for Q4 2025 were $108 million, compared to -$393 million in Q4 2024.</li><li>Ongoing EBIT: Ongoing EBIT for Q4 2025 was $135 million, a decrease of 45.6% from $248 million in Q4 2024.</li><li>GAAP Net Earnings Margin: The GAAP net earnings margin was 2.7% in Q4 2025, an increase of 12.2 percentage points from -9.5% in Q4 2024.</li><li>Ongoing EBIT Margin: The ongoing EBIT margin was 3.3% in Q4 2025, a decrease of 2.7 percentage points from 6.0% in Q4 2024.</li></ul><h4>Segment Information (Fourth Quarter 2025 vs. Fourth Quarter 2024)</h4><ul><li>MDA North America:<ul><li>Net Sales: $2,573 million in Q4 2025, a 0.9% decrease from $2,595 million in Q4 2024. Excluding currency, net sales decreased 0.9% year-over-year due to volume decline and price/mix, primarily in Canada.</li><li>EBIT: $71 million in Q4 2025, a 59.0% decrease from $173 million in Q4 2024. The EBIT margin decreased year-over-year as the promotional environment had not yet reflected the full impact of tariffs.</li><li>% of Sales: 2.8% in Q4 2025, a decrease of 3.9 percentage points from 6.7% in Q4 2024.</li></ul></li><li>MDA Latin America:<ul><li>Net Sales: $927 million in Q4 2025, a 0.8% increase from $920 million in Q4 2024. Excluding currency, net sales decreased 4.6% year-over-year due to volume decline.</li><li>EBIT: $59 million in Q4 2025, a 15.3% decrease from $70 million in Q4 2024. The EBIT margin was unfavorably impacted by the negative macro environment in Argentina and aggressive competition in Brazil, partially offset by a tax reserve release in Brazil.</li><li>% of Sales: 6.4% in Q4 2025, a decrease of 1.2 percentage points from 7.6% in Q4 2024.</li></ul></li><li>SDA Global:<ul><li>Net Sales: $423 million in Q4 2025, a 10.3% increase from $384 million in Q4 2024. Excluding currency, net sales increased 8.0% year-over-year driven by price/mix supported by successful new product launches.</li><li>EBIT: $59 million in Q4 2025, a 22.4% increase from $48 million in Q4 2024. The EBIT margin increased year-over-year driven by price/mix and strong growth within the direct-to-consumer business.</li><li>% of Sales: 13.8% in Q4 2025, an increase of 1.3 percentage points from 12.5% in Q4 2024.</li></ul></li></ul><h4>Other Key Financial and Operational Metrics (Full Year 2025 vs. Full Year 2024)</h4><ul><li>Gross Margin: $2,386 million in 2025, compared to $2,581 million in 2024.</li><li>Operating Profit: $838 million in 2025, compared to $143 million in 2024.</li><li>Operating Costs:<ul><li>Selling, general and administrative: $1,633 million in 2025, compared to $1,684 million in 2024.</li><li>Intangible amortization: $26 million in 2025, compared to $31 million in 2024.</li><li>Restructuring costs: $63 million in 2025, compared to $79 million in 2024.</li><li>Impairment of goodwill and other intangibles: $106 million in 2025 (JennAir trademark), compared to $381 million in 2024 (Maytag trademark).</li><li>Loss (gain) on sale and disposal of businesses: -$280 million in 2025, compared to $264 million in 2024.</li></ul></li><li>Interest Expense: $341 million in 2025, compared to $358 million in 2024.</li><li>Income Tax Expense (Benefit): $142 million in 2025, compared to $10 million in 2024.</li><li>Equity Method Investment Income (Loss), Net of Tax: -$34 million in 2025, compared to -$107 million in 2024.</li><li>Structural Cost Take Out: 惠而浦 (Whirlpool Corporation) executed $200 million in structural cost take out in 2025.</li><li>Ownership Stake in Whirlpool of India: 惠而浦 (Whirlpool Corporation) reduced its ownership stake in Whirlpool of India to approximately 40% and utilized the proceeds to reduce debt.</li></ul><h4>Full-Year 2026 Outlook</h4>惠而浦 (Whirlpool Corporation) projects net sales of $15.3 - $15.6 billion for 2026, representing approximately 5% growth versus 2025 like-for-like net sales of ~$14.7 billion. The company forecasts GAAP earnings per diluted share of approximately $6.25 and ongoing earnings per diluted share of approximately $7.00. Additionally, 惠而浦 (Whirlpool Corporation) anticipates cash provided by operating activities of approximately $850 million, free cash flow of $400 - $500 million, and a debt reduction of approximately $400 million in 2026.

Whirlpool | 8-K: FY2025 Revenue Misses Estimate at USD 15.52 B