Welbilt Income Statement 2021-2011 | WBT

Brief overview of financial results at Welbilt

The figures are compared over a five-year interval. Revenue at Welbilt moved from $1.5 billion in 2016 to $1.5 billion in 2021. The five-year change reached +6.2%, while CAGR stood at 1.2%. The scale of the core business was largely unchanged.

Gross profit was 534 million dollars at the start and 560 million dollars at the end of the period (+4.8%). The relationship between revenue and direct costs remained stable. The gross margin was 36.7% at the start and 36.2% at the end. The relationship between gross profit and revenue changed only slightly.

EBITDA was 216 million dollars at the beginning and 22.2 million dollars at the end of the period (−89.7%). EBITDA lagged revenue, showing weaker operating momentum. EBITDA margin was 14.9% at the start and 1.4% at the end. The margin contraction indicates weaker operating efficiency.

Net profit was $71.5 million at the start and $70.3 million at the end. The final result remained comparatively stable.

Market capitalization changed from 2.6 billion dollars to 3.4 billion dollars (+27.8%). The share-price trend was broadly consistent with improving results.

What the figures show

The current trajectory does not yet confirm a sustainable recovery. The financial profile benefits from stable net income and steady gross profitability. The most visible risks are limited revenue growth, pressure on operating profitability and limited operating profitability. The key question is whether sales can be converted into sustainable profit.