Westlake Historical Income Statement

WLK Stock

USD 117.96 0.26 0.22%

Historical analysis of Westlake Chemical income statement accounts such as Depreciation And Amortization of 1.3 B, Total Revenue of 15.2 B, Gross Profit of 2.7 B or Other Operating Expenses of 14.3 B can show how well Westlake Chemical performed in making a profits. Evaluating Westlake Chemical income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Westlake Chemical's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Westlake Chemical latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Westlake Chemical is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.

About Westlake Income Statement Analysis

Westlake Chemical Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Westlake Chemical shareholders. The income statement also shows Westlake investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Westlake Chemical Income Statement Chart

At this time, Westlake Chemical's Cost Of Revenue is quite stable compared to the past year. Total Operating Expenses is expected to rise to about 1.8 B this year, although the value of Income Before Tax will most likely fall to about 687.4 M.

Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Westlake Chemical generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Westlake Chemical minus its cost of goods sold. It is profit before Westlake Chemical operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Westlake Chemical. It is also known as Westlake Chemical overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Westlake Chemical operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Westlake Chemical is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Westlake Chemical's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Westlake Chemical current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.At this time, Westlake Chemical's Cost Of Revenue is quite stable compared to the past year. Total Operating Expenses is expected to rise to about 1.8 B this year, although the value of Income Before Tax will most likely fall to about 687.4 M.

	2022	2023	2024	2025 (projected)
Total Revenue	15.8B	12.5B	14.4B	15.2B
Depreciation And Amortization	1.1B	1.1B	1.3B	1.3B

Total Revenue Depreciation And Amortization

Westlake Chemical income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Selling General Administrative	Minority Interest	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Non Recurring	Reconciled Depreciation	Extraordinary Items	Selling And Marketing Expenses
Depreciation And Amortization		0.96	0.78	0.98	0.34	0.37	0.72	0.98	0.95	0.33	-0.56	0.35	0.1	0.95	0.98	-0.17	0.22	0.88	0.01	0.73	-0.89	-0.86	0.86	-0.6	0.78
Total Revenue	0.96		0.9	0.99	0.54	0.57	0.85	0.99	0.91	0.53	-0.55	0.54	0.29	0.94	0.96	-0.11	0.43	0.86	0.2	0.73	-0.89	-0.82	0.86	-0.54	0.83
Gross Profit	0.78	0.9		0.83	0.84	0.86	0.99	0.84	0.68	0.84	-0.57	0.83	0.57	0.8	0.77	0.12	0.74	0.7	0.46	0.71	-0.83	-0.69	0.71	-0.32	0.72
Other Operating Expenses	0.98	0.99	0.83		0.4	0.44	0.76	1.0	0.95	0.39	-0.5	0.41	0.18	0.94	0.99	-0.22	0.29	0.88	0.1	0.69	-0.87	-0.82	0.88	-0.61	0.84
Operating Income	0.34	0.54	0.84	0.4		1.0	0.9	0.44	0.18	1.0	-0.52	0.98	0.73	0.45	0.31	0.5	0.9	0.3	0.61	0.58	-0.56	-0.4	0.32	0.12	0.35
Ebit	0.37	0.57	0.86	0.44	1.0		0.91	0.47	0.21	1.0	-0.53	0.98	0.72	0.48	0.35	0.48	0.9	0.34	0.6	0.58	-0.58	-0.42	0.35	0.11	0.39
Ebitda	0.72	0.85	0.99	0.76	0.9	0.91		0.79	0.58	0.89	-0.63	0.89	0.59	0.77	0.69	0.27	0.78	0.65	0.46	0.75	-0.82	-0.69	0.63	-0.21	0.63
Cost Of Revenue	0.98	0.99	0.84	1.0	0.44	0.47	0.79		0.94	0.43	-0.53	0.44	0.2	0.94	0.98	-0.17	0.32	0.87	0.11	0.71	-0.88	-0.83	0.88	-0.59	0.83
Total Operating Expenses	0.95	0.91	0.68	0.95	0.18	0.21	0.58	0.94		0.17	-0.32	0.18	0.06	0.84	0.98	-0.47	0.12	0.86	0.01	0.51	-0.75	-0.71	0.89	-0.73	0.85
Income Before Tax	0.33	0.53	0.84	0.39	1.0	1.0	0.89	0.43	0.17		-0.5	0.97	0.75	0.42	0.3	0.48	0.91	0.3	0.64	0.54	-0.54	-0.37	0.32	0.12	0.36
Total Other Income Expense Net	-0.56	-0.55	-0.57	-0.5	-0.52	-0.53	-0.63	-0.53	-0.32	-0.5		-0.52	-0.23	-0.63	-0.43	-0.48	-0.35	-0.44	-0.14	-0.71	0.67	0.59	-0.44	-0.02	-0.31
Net Income	0.35	0.54	0.83	0.41	0.98	0.98	0.89	0.44	0.18	0.97	-0.52		0.59	0.49	0.31	0.54	0.86	0.27	0.47	0.65	-0.62	-0.47	0.28	0.13	0.32
Income Tax Expense	0.1	0.29	0.57	0.18	0.73	0.72	0.59	0.2	0.06	0.75	-0.23	0.59		0.04	0.14	0.15	0.79	0.24	0.94	0.04	-0.1	0.06	0.26	0.07	0.32
Interest Expense	0.95	0.94	0.8	0.94	0.45	0.48	0.77	0.94	0.84	0.42	-0.63	0.49	0.04		0.9	0.02	0.26	0.79	-0.06	0.85	-0.95	-0.92	0.75	-0.47	0.67
Selling General Administrative	0.98	0.96	0.77	0.99	0.31	0.35	0.69	0.98	0.98	0.3	-0.43	0.31	0.14	0.9		-0.32	0.23	0.9	0.06	0.61	-0.82	-0.77	0.89	-0.67	0.85
Minority Interest	-0.17	-0.11	0.12	-0.22	0.5	0.48	0.27	-0.17	-0.47	0.48	-0.48	0.54	0.15	0.02	-0.32		0.36	-0.16	0.08	0.44	-0.14	-0.18	-0.36	0.6	-0.42
Net Income From Continuing Ops	0.22	0.43	0.74	0.29	0.9	0.9	0.78	0.32	0.12	0.91	-0.35	0.86	0.79	0.26	0.23	0.36		0.25	0.64	0.36	-0.36	-0.18	0.19	0.0	0.25
Non Operating Income Net Other	0.88	0.86	0.7	0.88	0.3	0.34	0.65	0.87	0.86	0.3	-0.44	0.27	0.24	0.79	0.9	-0.16	0.25		0.18	0.5	-0.68	-0.64	0.8	-0.55	0.75
Tax Provision	0.01	0.2	0.46	0.1	0.61	0.6	0.46	0.11	0.01	0.64	-0.14	0.47	0.94	-0.06	0.06	0.08	0.64	0.18		-0.05	-0.02	0.16	0.21	0.03	0.29
Interest Income	0.73	0.73	0.71	0.69	0.58	0.58	0.75	0.71	0.51	0.54	-0.71	0.65	0.04	0.85	0.61	0.44	0.36	0.5	-0.05		-0.92	-0.93	0.45	-0.18	0.34
Net Interest Income	-0.89	-0.89	-0.83	-0.87	-0.56	-0.58	-0.82	-0.88	-0.75	-0.54	0.67	-0.62	-0.1	-0.95	-0.82	-0.14	-0.36	-0.68	-0.02	-0.92		0.94	-0.72	0.3	-0.65
Non Recurring	-0.86	-0.82	-0.69	-0.82	-0.4	-0.42	-0.69	-0.83	-0.71	-0.37	0.59	-0.47	0.06	-0.92	-0.77	-0.18	-0.18	-0.64	0.16	-0.93	0.94		-0.64	0.29	-0.52
Reconciled Depreciation	0.86	0.86	0.71	0.88	0.32	0.35	0.63	0.88	0.89	0.32	-0.44	0.28	0.26	0.75	0.89	-0.36	0.19	0.8	0.21	0.45	-0.72	-0.64		-0.45	0.97
Extraordinary Items	-0.6	-0.54	-0.32	-0.61	0.12	0.11	-0.21	-0.59	-0.73	0.12	-0.02	0.13	0.07	-0.47	-0.67	0.6	0.0	-0.55	0.03	-0.18	0.3	0.29	-0.45		-0.43
Selling And Marketing Expenses	0.78	0.83	0.72	0.84	0.35	0.39	0.63	0.83	0.85	0.36	-0.31	0.32	0.32	0.67	0.85	-0.42	0.25	0.75	0.29	0.34	-0.65	-0.52	0.97	-0.43

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Westlake Chemical Account Relationship Matchups

Westlake Chemical income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	773M	840M	1.1B	1.1B	1.3B	1.3B
Total Revenue	7.5B	11.8B	15.8B	12.5B	14.4B	15.2B
Gross Profit	1.0B	3.5B	4.1B	2.2B	2.6B	2.7B
Other Operating Expenses	7.0B	9.0B	12.7B	11.8B	13.6B	14.3B
Operating Income	429M	2.8B	3.1B	729M	838.4M	737.9M
Ebit	473M	2.9B	3.1B	865M	994.8M	766.8M
Ebitda	1.2B	3.7B	4.2B	2.0B	2.3B	2.4B
Cost Of Revenue	6.5B	8.3B	11.7B	10.3B	11.9B	12.5B
Total Operating Expenses	558M	674M	990M	1.5B	1.7B	1.8B
Income Before Tax	331M	2.7B	2.9B	700M	805M	687.4M
Total Other Income Expense Net	(98M)	(123M)	(104M)	(29M)	(26.1M)	(27.4M)
Net Income	330M	2.0B	2.2B	479M	550.9M	514.8M
Income Tax Expense	(42M)	607M	649M	178M	204.7M	158.2M
Interest Expense	142M	176M	177M	165M	189.8M	199.2M
Selling General Administrative	435M	528M	794M	865M	994.8M	1.0B
Net Income Applicable To Common Shares	421M	330M	2.0B	2.2B	2.6B	2.7B
Minority Interest	43M	55M	50M	(43M)	(49.5M)	(47.0M)
Net Income From Continuing Ops	373M	2.1B	2.3B	522M	600.3M	1.1B
Non Operating Income Net Other	38M	44M	53M	73M	84.0M	88.1M
Tax Provision	(42M)	607M	649M	178M	204.7M	241.9M
Interest Income	142M	176M	153M	78M	89.7M	119.7M
Net Interest Income	(142M)	(176M)	(177M)	(165M)	(148.5M)	(155.9M)
Reconciled Depreciation	773M	840M	1.1B	1.1B	1.3B	899.0M

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When determining whether Westlake Chemical is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westlake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westlake Chemical Stock. Highlighted below are key reports to facilitate an investment decision about Westlake Chemical Stock:

How To Invest In Westlake

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Is Westlake Stock a good investment?

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What is Westlake Chemical's Net Worth?

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For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.

You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westlake Chemical. If investors know Westlake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westlake Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.62)

Dividend Share

2.05

Earnings Share

0.72

Revenue Per Share

94.405

Quarterly Revenue Growth

0.001

The market value of Westlake Chemical is measured differently than its book value, which is the value of Westlake that is recorded on the company's balance sheet. Investors also form their own opinion of Westlake Chemical's value that differs from its market value or its book value, called intrinsic value, which is Westlake Chemical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westlake Chemical's market value can be influenced by many factors that don't directly affect Westlake Chemical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Westlake Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westlake Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westlake Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Westlake Historical Income Statement

About Westlake Income Statement Analysis

Westlake Chemical Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Westlake Chemical income statement Correlations

Westlake Chemical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Westlake Chemical income statement Accounts

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Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Ebit
Other Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Total Revenue

Net Interest Income	- 0.95	Interest Expense
Non Recurring	- 0.93	Interest Income
Net Interest Income	- 0.92	Interest Income
Non Recurring	- 0.92	Interest Expense
Net Interest Income	- 0.89	Total Revenue
Net Interest Income	- 0.89	Depreciation And Amortization