Westlake Chemical Corporation (WLK)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 602,000 | 98,000 | 275,000 | 259,000 | 479,000 | 1,208,000 | 1,324,000 | 1,885,000 | 2,247,000 | 2,659,000 | 2,865,000 | 2,529,000 | 2,015,000 | 1,484,000 | 934,000 | 427,000 | 330,000 | 289,000 | 390,000 | 494,000 |
| Revenue (ttm) | US$ in thousands | 12,142,000 | 12,125,000 | 12,123,000 | 12,167,000 | 12,548,000 | 13,021,000 | 13,862,000 | 15,094,000 | 15,794,000 | 16,002,000 | 15,101,000 | 13,477,000 | 11,778,000 | 10,236,000 | 9,079,000 | 7,929,000 | 7,504,000 | 7,422,000 | 7,590,000 | 8,025,000 |
| Net profit margin | 4.96% | 0.81% | 2.27% | 2.13% | 3.82% | 9.28% | 9.55% | 12.49% | 14.23% | 16.62% | 18.97% | 18.77% | 17.11% | 14.50% | 10.29% | 5.39% | 4.40% | 3.89% | 5.14% | 6.16% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $602,000K ÷ $12,142,000K
= 4.96%
Westlake Chemical Corporation's net profit margin has shown fluctuations over the analyzed period. It decreased from 6.16% in March 2020 to 3.89% in September 2020 before improving to 18.97% in June 2022. Thereafter, the net profit margin declined to 0.81% by September 2024, rebounding to 4.96% by December 2024. The trend indicates variability in the company's ability to generate profits relative to its revenue over time, reflecting changes in factors such as expenses, pricing, and operational efficiency. It would be important to further assess the reasons behind these fluctuations to understand the underlying factors impacting Westlake Chemical Corporation's profitability.
Peer comparison
Dec 31, 2024