---
schema_version: "secwatch.filing_event.v1"
accession: "0000106640-23-000007"
form_type: "8-K"
ticker: "WHR"
cik: "0000106640"
company_name: "WHIRLPOOL CORP /DE/"
filed_at: "2023-01-30T23:59:59+00:00"
generated_at: "2026-06-20T06:21:51.822615+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Whirlpool reports FY2022 GAAP net loss of $1.5B; Q4 EPS miss; EMEA JV with Arçelik

## Summary
- Full-year GAAP loss per diluted share $(27.18) driven by EMEA transaction; ongoing EPS $19.64, down 26% YoY.
- Q4 net sales $4.9B (-15.3% YoY); North America EBIT margin 5.8% vs 15.3% a year ago due to supply disruption.
- 2023 outlook: GAAP/ongoing EPS $16–$18; FCF ~$800M; expects $800–$900M cost benefit from restructuring and lower inflation.
- Agreed to contribute European MDA business to new JV with Arçelik, creating €6B+ revenue platform; close H2 2023.
- Returned $1.3B to shareholders in 2022, including $0.9B in share repurchases; ended year with $2B cash on hand.

## SEC filing metadata
- accession: 0000106640-23-000007
- form_type: 8-K
- ticker: WHR
- cik: 0000106640
- company_name: WHIRLPOOL CORP /DE/
- filed_at: 2023-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/106640/000010664023000007/0000106640-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/106640/000010664023000007/whr-20230130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000106640-23-000007
- JSON: https://secwatch.observer/filing/0000106640-23-000007.json
- Plain text: https://secwatch.observer/filing/0000106640-23-000007.txt

## Key facts
- Earnings Releases
  WHIRLPOOL CORP /DE/ reported Fourth Quarter 2022 results: revenue $4,923, net income $(1,605), EPS $(29.35).
  - Period: Fourth Quarter 2022
  - Revenue: $4,923
  - Net income: $(1,605)
  - EPS: $(29.35)
  - Result: reported results
  source text: Fourth Quarter Results 2022 2021 Change Net sales ($M) $4,923 $5,815 $(892) (15.3)% Net sales excluding currency ($M) $5,059 $5,815 $(756) (13.0)% GAAP net earnings (loss) available to Whirlpool ($M) $(1,605) $298 $(1,903) nm Ongoing EBIT (1) ($M) $171 $502 $(331) (65.9)% GAAP earnings (loss) per diluted share $(29.35) $4.90 $(34.25) nm Ongoing earnings per diluted share (2) $3.89 $6.14 $(2.25) (36.6)%
  evidence_url: https://www.sec.gov/Archives/edgar/data/106640/000010664023000007/0000106640-23-000007-index.htm
- Earnings Releases
  WHIRLPOOL CORP /DE/ reported Full-year 2023 results: revenue approximately $19.4 billion, EPS $16.00 to $18.00. Guidance initiated.
  - Period: Full-year 2023
  - Revenue: approximately $19.4 billion
  - EPS: $16.00 to $18.00
  - Guidance: initiated
  - Result: guidance update
  source text: Expect full-year 2023 revenues of approximately $19.4 billion (down 1 to 2 percent compared to the prior year) • Earnings per diluted share of $16.00 to $18.00 on a GAAP and ongoing basis (2) • Cash provided by operating activities of approximately $1.4 billion and free cash flow (3) of approximately $800 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/106640/000010664023000007/0000106640-23-000007-index.htm
- Earnings Releases
  WHIRLPOOL CORP /DE/ reported Full Year 2022 results: revenue $19,724, net income $(1,519), EPS $(27.18).
  - Period: Full Year 2022
  - Revenue: $19,724
  - Net income: $(1,519)
  - EPS: $(27.18)
  - Result: reported results
  source text: Full Year Results 2022 2021 Change Net sales ($M) $19,724 $21,985 $(2,261) (10.3)% Net sales excluding currency ($M) $20,207 $21,985 $(1,778) (8.1)% GAAP net earnings (loss) available to Whirlpool ($M) $(1,519) $1,783 $(3,302) nm Ongoing EBIT (1) ($M) $1,360 $2,379 $(1,019) (42.8)% GAAP earnings (loss) per diluted share $(27.18) $28.36 $(55.54) nm Ongoing earnings per diluted share (2) $19.64 $26.59 $(6.95) (26.1)%
  evidence_url: https://www.sec.gov/Archives/edgar/data/106640/000010664023000007/0000106640-23-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.