EarningsCall.ai
Login

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.

ResMed

RMD2026-01-29HealthcareGlobal
Positive

We expect it to remain true no matter what the result of those types of investigations are for medical supplies announced in the late September investigation that's currently underway.

Cost Impact
ResMed's products have been subject to global tariff relief, allowing them to maintain competitive pricing and cost structures.
Revenue Impact
The continued global tariff relief supports ResMed's ability to expand its market reach and maintain revenue growth.
Operations
The tariff relief allows ResMed to focus on executing its long-term 2030 strategy without disruptions from tariff implications.

Thermo Fisher Scientific

TMO2026-01-29Life SciencesGlobal
Negative

includes over 100 basis points of headwind from tariffs and related FX.

Cost Impact
Tariffs have negatively affected operating margins.
Financial Impact
Higher costs from tariffs have pressured overall profitability.

Parker-Hannifin Corporation

PH2026-01-29IndustrialGlobal
Neutral

You have not heard us call out any negative impact from tariffs.

Financial Impact
The company has managed to maintain strong margins despite the volatility of tariffs.

Sherwin-Williams

SHW2026-01-29ManufacturingNorth America
Negative

We expect to overcome these raw material headwinds and deliver full-year gross margin expansion given both incremental 2026 pricing and accelerated simplification efforts across our supply chain.

Cost Impact
Tariffs contributing to increased costs of raw materials, impacting overall margins.
Revenue Impact
Price increases implemented in response to cost pressures from tariffs.

Trane Technologies

TT2026-01-29HVAC and RefrigerationGlobal
Negative

We described it about a bit higher than $140 million of tariff cost in 2025 on our last call.

Cost Impact
Tariff costs are expected to continue affecting margins, with around $50 million anticipated for 2026.

Ameriprise Financial

AMP2026-01-29Financial ServicesGlobal
Negative

There are lingering questions around tariffs and ongoing geopolitical impacts.

Guidance Impact
The uncertainty surrounding tariffs may affect future business operations and financial forecasting.

Valero Energy Corporation

VLO2026-01-29EnergyNorth America
Negative

There was a retroactive tariff on one of the pipelines we utilize on the West Coast, and all those charges hit during the fourth quarter.

Cost Impact
Increased operational costs due to retroactive tariff charges on pipeline usage.

Altria Group, Inc.

MO2026-01-29TobaccoGlobal
Neutral

Early signs suggest that these efforts, together with tariffs on Chinese manufactured goods, are beginning to impact the illicit marketplace.

Revenue Impact
Tariffs on Chinese manufactured goods may help reduce the availability of illicit vape products, potentially stabilizing market conditions.

Dover Corporation

DOV2026-01-29Industrial ManufacturingNorth America
Neutral

following a period of tariff-related delays.

Operations
Delays in maintenance and replacement upgrade spending were attributed to tariffs.

Norfolk Southern Corporation

NSC2026-01-29TransportationNorth America
Negative

we navigated an uncertain economic environment... due to continued tariff volatility and evolving trade pressures

Revenue Impact
Tariff volatility is impacting revenue, particularly in intermodal markets where import volumes are expected to remain soft.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.