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Whirlpool Corporation Delivering on Long-Term Value Creation Targets with Very Strong Fourth-Quarter and Full-Year Results


Whirlpool Corporation Delivering on Long-Term Value Creation Targets with Very Strong Fourth-Quarter and Full-Year Results
- Q4 net sales growth of 7.7% and organic net sales(5) (non-GAAP) growth of 10.3%, driven by strong consumer demand
- Very strong Q4 GAAP net earnings margin of 8.6% (up 320 basis points) and ongoing (non-GAAP) EBIT margin(2) of 11.3% (up 410 basis points), with positive EBIT and significant margin expansion in all regions
- Solid full-year GAAP earnings per diluted share of $17.07 and record ongoing earnings per diluted share(1) (non-GAAP) of $18.55, exceeding guidance
- Significant cash generation for full-year 2020; cash provided by operating activities of $1.5 billion and free cash flow(4) of $1.25 billion, with positive cash flow in North America, Latin America and EMEA ....

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