Westlake Chemical Corporation (WLK)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 875,000 | 257,000 | 426,000 | 416,000 | 729,000 | 1,608,000 | 1,775,000 | 2,554,000 | 3,050,000 | 3,596,000 | 3,941,000 | 3,486,000 | 2,800,000 | 2,105,000 | 1,323,000 | 639,000 | 429,000 | 353,000 | 500,000 | 658,000 |
| 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 |
| Operating profit margin | 7.21% | 2.12% | 3.51% | 3.42% | 5.81% | 12.35% | 12.80% | 16.92% | 19.31% | 22.47% | 26.10% | 25.87% | 23.77% | 20.56% | 14.57% | 8.06% | 5.72% | 4.76% | 6.59% | 8.20% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $875,000K ÷ $12,142,000K
= 7.21%
The operating profit margin of Westlake Chemical Corporation has shown fluctuations over the reported periods. It began at 8.20% in March 2020, declined to 4.76% in September 2020, before showing an upward trend, reaching its peak at 26.10% in June 2022. However, the margin started declining thereafter, dropping to 5.81% in December 2023 and further to 2.12% in September 2024. This indicates a decrease in the company's profitability relative to its sales during these periods. It would be important for stakeholders to assess the reasons behind these fluctuations to understand the company's operational efficiency and performance.
Peer comparison
Dec 31, 2024