Whirlpool S.A (WHRL3) - Net Assets
Based on the latest financial reports, Whirlpool S.A (WHRL3) has net assets worth R$1.83 Billion BRL (≈ $359.83 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$10.40 Billion ≈ $2.04 Billion USD) and total liabilities (R$8.57 Billion ≈ $1.68 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is Whirlpool S.A's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$1.83 Billion |
| % of Total Assets | 17.63% |
| Annual Growth Rate | 0.17% |
| 5-Year Change | -13.1% |
| 10-Year Change | -27.94% |
| Growth Volatility | 17.96 |
Whirlpool S.A - Net Assets Trend (2004–2025)
This chart illustrates how Whirlpool S.A's net assets have evolved over time, based on quarterly financial data. See Whirlpool S.A defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Whirlpool S.A (2004–2025)
The table below shows the annual net assets of Whirlpool S.A from 2004 to 2025. For live valuation and market cap data, see Whirlpool S.A market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$1.83 Billion ≈ $359.83 Million |
-31.97% |
| 2024-12-31 | R$2.70 Billion ≈ $528.95 Million |
+37.78% |
| 2023-12-31 | R$1.96 Billion ≈ $383.90 Million |
-10.31% |
| 2022-12-31 | R$2.18 Billion ≈ $428.02 Million |
+3.37% |
| 2021-12-31 | R$2.11 Billion ≈ $414.07 Million |
+9.42% |
| 2020-12-31 | R$1.93 Billion ≈ $378.43 Million |
-36.12% |
| 2019-12-31 | R$3.02 Billion ≈ $592.39 Million |
+37.83% |
| 2018-12-31 | R$2.19 Billion ≈ $429.79 Million |
-7.76% |
| 2017-12-31 | R$2.37 Billion ≈ $465.96 Million |
-6.68% |
| 2016-12-31 | R$2.54 Billion ≈ $499.33 Million |
+1.42% |
| 2015-12-31 | R$2.51 Billion ≈ $492.36 Million |
+17.63% |
| 2014-12-31 | R$2.13 Billion ≈ $418.57 Million |
-13.45% |
| 2013-12-31 | R$2.46 Billion ≈ $483.63 Million |
+15.62% |
| 2012-12-31 | R$2.13 Billion ≈ $418.28 Million |
+17.70% |
| 2011-12-31 | R$1.81 Billion ≈ $355.39 Million |
+5.35% |
| 2010-12-31 | R$1.72 Billion ≈ $337.35 Million |
-0.58% |
| 2009-12-31 | R$1.73 Billion ≈ $339.31 Million |
+4.00% |
| 2008-12-31 | R$1.66 Billion ≈ $326.25 Million |
-9.40% |
| 2007-12-31 | R$1.84 Billion ≈ $360.12 Million |
-8.48% |
| 2006-12-31 | R$2.01 Billion ≈ $393.49 Million |
+8.44% |
| 2005-12-31 | R$1.85 Billion ≈ $362.85 Million |
+4.52% |
| 2004-12-31 | R$1.77 Billion ≈ $347.15 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Whirlpool S.A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 84.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$86.35 Million | 4.72% |
| Common Stock | R$859.10 Million | 46.98% |
| Other Comprehensive Income | R$883.32 Million | 48.30% |
| Total Equity | R$1.83 Billion | 100.00% |
Whirlpool S.A Competitors by Market Cap
The table below lists competitors of Whirlpool S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amerigo Resources Ltd.
TO:ARG
|
$799.62 Million |
|
YCC CORP
KQ:232140
|
$799.68 Million |
|
Shandong Ruifeng Chemical Co Ltd
SHE:300243
|
$799.77 Million |
|
Suzhou Kingswood Printing Ink Co Ltd
SHE:300192
|
$800.00 Million |
|
Besalco Sa
SN:BESALCO
|
$799.00 Million |
|
Ability Enterprise Co Ltd
TW:2374
|
$798.48 Million |
|
We Buy Cars Hlds Ltd
JSE:WBC
|
$798.39 Million |
|
Orient International Enterprise Ltd
SHG:600278
|
$798.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Whirlpool S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,691,025,000 to 1,828,770,000, a change of -862,255,000 (-32.0%).
- Net income of 448,526,000 contributed positively to equity growth.
- Dividend payments of 766,836,000 reduced retained earnings.
- Share repurchases of 300,000,000 reduced equity.
- Other comprehensive income increased equity by 239,070,000.
- Other factors decreased equity by 483,015,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$448.53 Million | +24.53% |
| Dividends Paid | R$766.84 Million | -41.93% |
| Share Repurchases | R$300.00 Million | -16.4% |
| Other Comprehensive Income | R$239.07 Million | +13.07% |
| Other Changes | R$-483.01 Million | -26.41% |
| Total Change | R$- | -32.04% |
Book Value vs Market Value Analysis
This analysis compares Whirlpool S.A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3.61x to 3.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | R$1.10 | R$3.96 | x |
| 2005-12-31 | R$1.14 | R$3.96 | x |
| 2006-12-31 | R$1.31 | R$3.96 | x |
| 2007-12-31 | R$1.18 | R$3.96 | x |
| 2008-12-31 | R$1.05 | R$3.96 | x |
| 2009-12-31 | R$1.09 | R$3.96 | x |
| 2010-12-31 | R$1.09 | R$3.96 | x |
| 2011-12-31 | R$1.14 | R$3.96 | x |
| 2012-12-31 | R$1.35 | R$3.96 | x |
| 2013-12-31 | R$1.56 | R$3.96 | x |
| 2014-12-31 | R$1.33 | R$3.96 | x |
| 2015-12-31 | R$1.56 | R$3.96 | x |
| 2016-12-31 | R$1.60 | R$3.96 | x |
| 2017-12-31 | R$1.49 | R$3.96 | x |
| 2018-12-31 | R$1.46 | R$3.96 | x |
| 2019-12-31 | R$2.01 | R$3.96 | x |
| 2020-12-31 | R$1.28 | R$3.96 | x |
| 2021-12-31 | R$1.40 | R$3.96 | x |
| 2022-12-31 | R$1.45 | R$3.96 | x |
| 2023-12-31 | R$1.30 | R$3.96 | x |
| 2024-12-31 | R$1.79 | R$3.96 | x |
| 2025-12-31 | R$1.22 | R$3.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Whirlpool S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 24.53%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.57%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 5.69x
- Recent ROE (24.53%) is below the historical average (25.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.52% | 0.14% | 1.15x | 3.25x | R$-130.59 Million |
| 2005 | 3.77% | 1.09% | 1.26x | 2.76x | R$-88.80 Million |
| 2006 | 17.34% | 6.77% | 1.24x | 2.06x | R$144.56 Million |
| 2007 | 26.78% | 8.52% | 1.46x | 2.16x | R$298.00 Million |
| 2008 | 42.15% | 11.19% | 1.54x | 2.45x | R$505.58 Million |
| 2009 | 21.77% | 5.35% | 1.53x | 2.66x | R$193.03 Million |
| 2010 | 37.90% | 8.40% | 1.54x | 2.94x | R$456.66 Million |
| 2011 | 21.49% | 4.94% | 1.42x | 3.06x | R$197.08 Million |
| 2012 | 29.88% | 7.17% | 1.42x | 2.94x | R$403.35 Million |
| 2013 | 34.57% | 8.71% | 1.42x | 2.80x | R$577.63 Million |
| 2014 | 35.40% | 7.34% | 1.56x | 3.09x | R$508.67 Million |
| 2015 | 12.26% | 3.06% | 1.39x | 2.88x | R$52.83 Million |
| 2016 | 12.94% | 5.30% | 0.79x | 3.09x | R$70.79 Million |
| 2017 | 19.47% | 6.82% | 0.82x | 3.48x | R$212.00 Million |
| 2018 | 8.25% | 2.73% | 0.85x | 3.55x | R$-38.39 Million |
| 2019 | 58.79% | 22.85% | 1.02x | 2.53x | R$1.47 Billion |
| 2020 | 36.97% | 7.65% | 1.31x | 3.69x | R$519.69 Million |
| 2021 | 46.53% | 8.61% | 1.24x | 4.35x | R$769.63 Million |
| 2022 | 19.15% | 3.86% | 1.28x | 3.88x | R$199.07 Million |
| 2023 | 12.91% | 2.19% | 1.27x | 4.62x | R$56.71 Million |
| 2024 | 33.77% | 7.03% | 1.22x | 3.93x | R$639.61 Million |
| 2025 | 24.53% | 3.57% | 1.21x | 5.69x | R$265.65 Million |
Industry Comparison
This section compares Whirlpool S.A's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $52,388,000
- Average return on equity (ROE) among peers: 0.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Whirlpool S.A (WHRL3) | R$1.83 Billion | 0.52% | 4.67x | $799.32 Million |
| Metalfrio Solutions S.A (FRIO3) | $-66.49 Million | 0.00% | 0.00x | $256.73 Million |
| Unicasa Indústria de Móveis S.A (UCAS3) | $171.27 Million | 1.98% | 0.27x | $15.82 Million |
About Whirlpool S.A
Whirlpool S.A. manufactures, sells, import, and exports home appliances in Brazil. The company offers refrigerators, freezers, refrigerator-freezers, air conditioners, ice makers, stoves, dishwashers, garbage disposals and compactors, trash compactors, and vacuum cleaners. It also provides maintenance and repair of electrical products and parts; electronics, hydraulics, metallurgy, chemicals and … Read more