Earnings Summary

Westlake Chemical Corp’s revenue jumped 56.8% since last year same period to $4483Mn in the Q2 2022. On a quarterly growth basis, Westlake Chemical Corp has generated 10.53% jump in its revenue since last 3-months.

Westlake Chemical Corp’s net profit jumped 64.37% since last year same period to $858Mn in the Q2 2022. On a quarterly growth basis, Westlake Chemical Corp has generated 13.49% jump in its net profits since last 3-months.

Westlake Chemical Corp’s net profit margin jumped 4.82% since last year same period to 19.14% in the Q2 2022. On a quarterly growth basis, Westlake Chemical Corp has generated 2.68% jump in its net profit margins since last 3-months.

Westlake Chemical Corp’s price-to-earnings ratio after this Q2 2022 earnings stands at 8.24.

Westlake Chemical Corp’s earning per share (EPS) estimates for the current quarter stand at 5.21 - a -12.88% fall from last quarter’s estimates.

Westlake Chemical Corp’s earning per share (EPS) estimates for the current year stand at 5.21.

Westlake Chemical Corp’s earning per share (EPS) jumped 64.6% since last year same period to 6.65 in the Q2 2022. This indicates that the Westlake Chemical Corp has generated 64.6% annual rate of jump 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 Chemical Corp’s return on assets (ROA) stands at 0.11.

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 Chemical Corp’s return on equity (ROE) stands at 0.27.

Westlake Chemical Corp declared 1.14 dividend per share during the earnings announcement for Q2 2022.