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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.

Curtiss-Wright

CW2025-11-06Aerospace & DefenseGlobal
Positive

Our team has done a great job navigating the impact of tariffs, driving pricing initiatives and building upon its leadership positions to generate market share gains.

Cost Impact
Navigating tariffs has led to increased pricing initiatives.

STERIS plc

STE2025-11-06HealthcareGlobal
Negative

Tariffs in the quarter were 90 basis points and material inflation was about 130 basis points across the company.

Cost Impact
Tariff costs negatively impacted margins by 90 basis points.
Financial Impact
Approximately $12 million of pretax tariff impact primarily affected the Healthcare segment.

McDonald's

MCD2025-11-05Fast FoodGlobal
Neutral

we're on track to deliver our financial targets for the year, which include the expected impacts from tariffs currently in place

Financial Impact
Tariffs are accounted for in the financial projections, suggesting they have a neutral effect on overall performance.

Owens Corning

OC2025-11-05Building MaterialsNorth America
Negative

Overall, for the company, there was about $12 million in net impact from tariffs in Q3.

Cost Impact
Tariffs have contributed to increased costs, impacting overall profitability.
Revenue Impact
Lower volumes and pricing pressures related to tariffs are affecting revenue in the Doors business.

Penumbra

PEN2025-11-05Medical DevicesGlobal
Neutral

we do not have material impact on tariff, although still a little bit, but the number and trend that we've seen has already reflecting absorbing those headwinds.

Cost Impact
Some tariff impact was noted, but it has been absorbed without significant effect on overall margins.

Zimmer Biomet

ZBH2025-11-05HealthcareGlobal
Negative

we are absorbing the impact from tariffs and making meaningful commercial investments that will yield meaningful growth in quarters and years to come.

Financial Impact
The company is experiencing a financial burden from tariffs amounting to approximately $40 million.

Emerson Electric

EMR2025-11-05Manufacturing/AutomationGlobal
Negative

margin expansion was driven by strong price cost, higher mix of software and the benefit of cost reductions in synergy realization offsetting a 20 basis point impact on gross profit from tariffs.

Cost Impact
Tariffs negatively impacted gross profit margins by 20 basis points.

Targa Resources Corp

TRGP2025-11-05EnergyNorth America
Negative

We've seen some costs a little bit higher... from tariffs.

Cost Impact
Increased capital costs due to tariffs affecting project budgets.

Plains All American

PAA2025-11-05EnergyNorth America
Neutral

We reported Crude Oil segment adjusted EBITDA of $593 million... which benefited from higher volumes and contributions from recently completed bolt-on acquisitions as well as the impact of annual tariff escalation.

Revenue Impact
Increased revenue due to higher volumes influenced by tariff adjustments.

PPL Corporation

PPL2025-11-05UtilitiesNorth America
Neutral

We've proposed a new tariff in our rate case to memorialize these terms within our tariff structure.

Strategy
Proposed new tariffs for large load customers to ensure they pay their fair share of costs.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.