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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.

Synchrony Financial

SYF2025-07-22Financial ServicesGlobal
Neutral

We expect the implementation of tariffs or potential retaliatory cash as their effects remain unknown.

Guidance Impact
The potential impact of tariffs on guidance remains uncertain, indicating caution in forecasting.

Danaher Corporation

DHR2025-07-22HealthcareGlobal
Negative

our team has done a nice job running the DBS playbook to offset cost pressures from tariffs

Cost Impact
Tariffs have resulted in increased costs, which the company is actively managing through operational efficiencies.
Supply Chain
Global trade uncertainty and tariffs have led to delays in capital investment decisions by customers.

D.R. Horton

DHI2025-07-22ConstructionNorth America
Negative

we've not quantified that. I know it is a significant step up in the tariff rates, I think, going to effect next month.

Cost Impact
Increased costs associated with higher tariffs on Canadian softwood lumber.

Lockheed Martin

LMT2025-07-22DefenseGlobal
Negative

we realized quarter to date tariff impacts of approximately $100 million.

Financial Impact
Tariff impacts resulted in a cash usage of approximately $500 million combined with other program challenges.

IQVIA

IQV2025-07-22HealthcareGlobal
Negative

the overall market environment remains essentially unsettled, and there is still uncertainty persisting regarding future administration policies affecting the biopharmaceutical industry.

Operations
Uncertainty due to tariffs and trade policy is causing delays in decision-making on new programs.

General Motors

GM2025-07-22AutomotiveNorth America
Negative

The second quarter net impact of $1.1 billion was slightly lower than we had expected due to the timing of certain indirect tariff costs.

Cost Impact
Tariff costs impacted EBIT, resulting in a significant financial strain.
Guidance Impact
Forecast for the third quarter includes an additional quarter of net tariff impact, accounting for around $1 billion.

Equifax Inc.

EFX2025-07-22Financial ServicesNorth America
Negative

We want to be balanced in our guidance for the second half given the uncertainty that we've seen, you know, around, you know, what's gonna happen with tariffs.

Cost Impact
Tariffs are increasing costs and creating uncertainty in the hiring market, which can lead to cautious spending by companies.
Guidance Impact
Due to the uncertainty from tariffs, Equifax is maintaining its full year guidance despite strong first half performance.

Philip Morris International

PM2025-07-22TobaccoGlobal
Negative

we do not currently anticipate a material impact on our business from recently introduced or discussed tariffs.

Financial Impact
Potential adverse effects from tariffs are being monitored, but no significant impacts expected at this time.

The Sherwin-Williams Company

SHW2025-07-22ManufacturingGlobal
Negative

Tariffs also remain a variable in this outlook.

Cost Impact
Increased costs related to certain materials affected by tariffs.

NXP Semiconductors

NXPI2025-07-22SemiconductorsGlobal
Neutral

the direct impact of the current tariffs is immaterial to NXP's financials.

Guidance Impact
The uncertainty created by the tariff environment affects long-term planning but does not significantly impact current financial performance.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.