Westlake Past Earnings Performance
Past criteria checks 1/6
Westlake has been growing earnings at an average annual rate of 25%, while the Chemicals industry saw earnings growing at 13.9% annually. Revenues have been growing at an average rate of 15.2% per year. Westlake's return on equity is 4.8%, and it has net margins of 3.8%.
Key information
25.0%
Earnings growth rate
25.2%
EPS growth rate
| Chemicals Industry Growth | 12.9% |
| Revenue growth rate | 15.2% |
| Return on equity | 4.8% |
| Net Margin | 3.8% |
| Next Earnings Update | 01 May 2024 |
Recent past performance updates
Recent updates
Is Westlake (NYSE:WLK) Using Too Much Debt?
Apr 05
Estimating The Fair Value Of Westlake Corporation (NYSE:WLK)
Mar 18Little Excitement Around Westlake Corporation's (NYSE:WLK) Earnings
Feb 05Westlake Corp. And Its Real Value
Dec 18Calculating The Fair Value Of Westlake Corporation (NYSE:WLK)
Dec 12Is Westlake (NYSE:WLK) Using Too Much Debt?
Nov 24Is Now The Time To Look At Buying Westlake Corporation (NYSE:WLK)?
Nov 05Westlake Corporation: Executing Well Under Tough Economic Conditions
Oct 23An Intrinsic Calculation For Westlake Corporation (NYSE:WLK) Suggests It's 41% Undervalued
Sep 08Westlake: Why The Company Is Overvalued Here
Aug 22We Think Westlake (NYSE:WLK) Can Stay On Top Of Its Debt
Aug 18Westlake's (NYSE:WLK) Dividend Will Be Increased To $0.50
Aug 18Is It Too Late To Consider Buying Westlake Corporation (NYSE:WLK)?
Jul 31Westlake Corporation: Deep Value For Long-Term Investors
Jun 09Are Investors Undervaluing Westlake Corporation (NYSE:WLK) By 35%?
Jun 05These 4 Measures Indicate That Westlake (NYSE:WLK) Is Using Debt Reasonably Well
Apr 29Is Now An Opportune Moment To Examine Westlake Corporation (NYSE:WLK)?
Apr 11An Intrinsic Calculation For Westlake Corporation (NYSE:WLK) Suggests It's 27% Undervalued
Feb 20Westlake Corporation declares $0.357 dividend
Feb 17Here's Why Westlake (NYSE:WLK) Has Caught The Eye Of Investors
Feb 03We Think Westlake (NYSE:WLK) Can Stay On Top Of Its Debt
Jan 19Westlake Chemicals: Better Than I Thought, But Still A 'Hold' For 2023
Jan 13Is Now The Time To Look At Buying Westlake Corporation (NYSE:WLK)?
Jan 04Westlake Corporation declares $0.357 dividend
Nov 11Westlake Corporation: Shares Priced Cheaply With Momentum Ahead Of Earnings Thursday
Nov 02If EPS Growth Is Important To You, Westlake (NYSE:WLK) Presents An Opportunity
Oct 29Westlake, MillerKnoll jump postmarket on index changes
Oct 13Westlake (NYSE:WLK) Has A Pretty Healthy Balance Sheet
Oct 11What Does Westlake Corporation's (NYSE:WLK) Share Price Indicate?
Sep 23Westlake: Better Living Through Chemicals
Aug 21Westlake (NYSE:WLK) Is Increasing Its Dividend To $0.357
Aug 18Westlake Corporation raises dividend by 20% to $0.357
Aug 13With EPS Growth And More, Westlake (NYSE:WLK) Makes An Interesting Case
Jul 18Is Westlake (NYSE:WLK) Using Too Much Debt?
Jun 30Westlake: Despite Expected Slowdown, Stock Is Priced At 10x FCF
Jun 09At US$133, Is Westlake Corporation (NYSE:WLK) Worth Looking At Closely?
Jun 07Westlake Chemical: A Record Q1 And A 58.6% Dividend Boost
May 04Westlake (NYSE:WLK) Could Easily Take On More Debt
Mar 21Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 12,548 | 476 | 865 | 0 |
| 30 Sep 23 | 13,021 | 1,201 | 835 | 0 |
| 30 Jun 23 | 13,862 | 1,318 | 824 | 0 |
| 31 Mar 23 | 15,094 | 1,875 | 831 | 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 |
| 30 Sep 13 | 3,609 | 533 | 144 | 0 |
| 30 Jun 13 | 3,426 | 449 | 136 | 0 |
Quality Earnings: WLK has a large one-off loss of $475.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: WLK's current net profit margins (3.8%) are lower than last year (14.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WLK's earnings have grown significantly by 25% per year over the past 5 years.
Accelerating Growth: WLK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WLK had negative earnings growth (-78.7%) over the past year, making it difficult to compare to the Chemicals industry average (-11.9%).
Return on Equity
High ROE: WLK's Return on Equity (4.8%) is considered low.