Earnings Summary

Westlake Corp.’s revenue fell -11.35% since last year same period to $2975Mn in the Q1 2024. On a quarterly growth basis, Westlake Corp. has generated 5.27% jump in its revenue since last 3-months.

Westlake Corp.’s net profit fell -55.84% since last year same period to $174Mn in the Q1 2024. On a quarterly growth basis, Westlake Corp. has generated 135.01% jump in its net profits since last 3-months.

Westlake Corp.’s net profit margin fell -50.18% since last year same period to 5.85% in the Q1 2024. On a quarterly growth basis, Westlake Corp. has generated 133.26% jump in its net profit margins since last 3-months.

Westlake Corp.’s price-to-earnings ratio after this Q1 2024 earnings stands at 72.87.

Westlake Corp.’s earning per share (EPS) estimates for the current quarter stand at 1.99 - a 93.2% jump from last quarter’s estimates.

Westlake Corp.’s earning per share (EPS) estimates for the current year stand at 1.99.

Westlake Corp.’s earning per share (EPS) fell -56.07% since last year same period to 1.34 in the Q1 2024. This indicates that the Westlake Corp. has generated -56.07% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Westlake Corp.’s return on assets (ROA) stands at 0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Westlake Corp.’s return on equity (ROE) stands at 0.03.

Westlake Corp. declared 0.5 dividend per share during the earnings announcement for Q1 2024.