Westlake Past Earnings Performance
Past criteria checks 1/6
Westlake has been growing earnings at an average annual rate of 8.1%, while the Chemicals industry saw earnings declining at 3.8% annually. Revenues have been growing at an average rate of 12.5% per year. Westlake's return on equity is 1.3%, and it has net margins of 0.8%.
Key information
8.1%
Earnings growth rate
8.1%
EPS growth rate
| Chemicals Industry Growth | 4.3% |
| Revenue growth rate | 12.5% |
| Return on equity | 1.3% |
| Net Margin | 0.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Westlake makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 12,125 | 97 | 872 | 0 |
| 30 Jun 24 | 12,123 | 273 | 863 | 0 |
| 31 Mar 24 | 12,167 | 257 | 852 | 0 |
| 31 Dec 23 | 12,548 | 476 | 865 | 0 |
| 30 Sep 23 | 13,021 | 1,201 | 887 | 0 |
| 30 Jun 23 | 13,862 | 1,318 | 876 | 0 |
| 31 Mar 23 | 15,094 | 1,875 | 883 | 0 |
| 31 Dec 22 | 15,794 | 2,235 | 861 | 0 |
| 30 Sep 22 | 16,002 | 2,646 | 760 | 0 |
| 30 Jun 22 | 15,101 | 2,850 | 687 | 0 |
| 31 Mar 22 | 13,477 | 2,516 | 592 | 0 |
| 31 Dec 21 | 11,778 | 2,005 | 574 | 0 |
| 30 Sep 21 | 10,236 | 1,477 | 486 | 0 |
| 30 Jun 21 | 9,079 | 930 | 472 | 0 |
| 31 Mar 21 | 7,929 | 425 | 451 | 0 |
| 31 Dec 20 | 7,504 | 329 | 435 | 0 |
| 30 Sep 20 | 7,422 | 288 | 447 | 0 |
| 30 Jun 20 | 7,590 | 388 | 449 | 0 |
| 31 Mar 20 | 8,025 | 493 | 462 | 0 |
| 31 Dec 19 | 8,118 | 419 | 458 | 0 |
| 30 Sep 19 | 8,230 | 469 | 449 | 0 |
| 30 Jun 19 | 8,419 | 619 | 444 | 0 |
| 31 Mar 19 | 8,510 | 777 | 442 | 0 |
| 31 Dec 18 | 8,635 | 991 | 434 | 0 |
| 30 Sep 18 | 8,650 | 1,667 | 437 | 0 |
| 30 Jun 18 | 8,504 | 1,570 | 424 | 0 |
| 31 Mar 18 | 8,248 | 1,445 | 410 | 0 |
| 31 Dec 17 | 8,041 | 1,297 | 401 | 0 |
| 30 Sep 17 | 7,767 | 597 | 384 | 0 |
| 30 Jun 17 | 6,937 | 453 | 351 | 0 |
| 31 Mar 17 | 6,044 | 411 | 304 | 0 |
| 31 Dec 16 | 5,076 | 397 | 260 | 0 |
| 30 Sep 16 | 4,327 | 407 | 221 | 0 |
| 30 Jun 16 | 4,236 | 525 | 219 | 0 |
| 31 Mar 16 | 4,335 | 620 | 223 | 0 |
| 31 Dec 15 | 4,463 | 643 | 218 | 0 |
| 30 Sep 15 | 4,612 | 717 | 231 | 0 |
| 30 Jun 15 | 4,678 | 701 | 228 | 0 |
| 31 Mar 15 | 4,491 | 666 | 210 | 0 |
| 31 Dec 14 | 4,415 | 677 | 184 | 0 |
| 30 Sep 14 | 4,231 | 664 | 170 | 0 |
| 30 Jun 14 | 3,982 | 667 | 153 | 0 |
| 31 Mar 14 | 3,923 | 643 | 152 | 0 |
| 31 Dec 13 | 3,759 | 608 | 148 | 0 |
Quality Earnings: 0LVK has a large one-off loss of $567.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 0LVK's current net profit margins (0.8%) are lower than last year (9.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0LVK's earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: 0LVK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0LVK had negative earnings growth (-91.9%) over the past year, making it difficult to compare to the Chemicals industry average (-36.8%).
Return on Equity
High ROE: 0LVK's Return on Equity (1.3%) is considered low.