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Tariff Impact Tracker from Earnings Calls

Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.

Linde

LIN2026-02-05Industrial GasesAsia-Pacific
Positive

the US India tariffs getting sorted out is also an element that will provide some catalyst for further growth.

Revenue Impact
Resolution of tariffs between the US and India is expected to boost industrial activity and exports from India.

WEC Energy Group

WEC2026-02-05EnergyNorth America
Positive

We want true transparency. And we want to go through the entire audit process and get all those questions out there.

Strategy
The very large customer tariff is designed to meet the needs of large load customers while protecting other customers.

Carrier

CARR2026-02-05HVACGlobal
Neutral

We offset tariffs with aggressive cost and pricing actions, drove strong material productivity, and took decisive overhead cost actions.

Cost Impact
The company implemented cost and pricing strategies to mitigate the effects of tariffs.
Financial Impact
Cost actions executed in response to tariffs are expected to deliver over $100 million of savings in 2026.

Snap-on Incorporated

SNA2026-02-05AutomotiveNorth America
Negative

The fluctuating tariffs, the prolonged shutdown, and the constant period of big bang actions and ideas coming out of Washington has stoked technician uncertainty and reinforced reluctance toward longer payback items.

Cost Impact
Tariffs contribute to higher material costs affecting overall margins.
Operations
Ongoing uncertainty from tariffs affects technician confidence and purchasing decisions.

O'Reilly Automotive, Inc.

ORLY2026-02-05AutomotiveNorth America
Neutral

the pricing environment has remained rational in response to tariff-induced product cost pressures

Cost Impact
Tariffs have influenced product costs, leading to adjustments in pricing strategies.
Revenue Impact
Price increases due to tariffs have affected revenue growth expectations.

STERIS plc

STE2026-02-05Healthcare EquipmentGlobal
Negative

Gross margin for the quarter declined 70 basis points compared with the prior year... mainly driven by the decline in gross margin, which was somewhat mitigated by operating expense discipline.

Cost Impact
Increased tariffs have negatively affected gross margins and overall profitability.
Guidance Impact
Higher anticipated tariffs are likely to affect the upper range of earnings guidance for the fiscal year.

AbbVie

ABBV2026-02-04PharmaceuticalGlobal
Neutral

we are exempt during the term from tariffs, as well as the pricing mandates inclusive of demonstration projects.

Financial Impact
Exemption from tariffs and pricing mandates is expected to protect AbbVie's financial performance.

Old Dominion Freight Line

ODFL2026-02-04TransportationNorth America
Negative

We've had cost per mile inflation that was more in the 10% to 20% type of range for each of those years.

Cost Impact
Increased costs due to tariffs affecting equipment prices.

CDW Corporation

CDW2026-02-04TechnologyGlobal
Negative

We managed through uncertainty around tariffs, unexpected shifts in education and health care funding, significant changes in government spending priorities, and the longest federal government shutdown on record.

Cost Impact
Tariffs contributed to uncertainty affecting customer buying behaviors.

Corpay

N/A2026-02-04Financial ServicesNorth America
Neutral

Additionally, the Alpha Group integration efforts are progressing well. The payables business continues to perform with especially strong sales performance in Q4.

Revenue Impact
The cross-border business is quite resilient with significant demand even in the face of trade-related uncertainty throughout the year.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.