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WLK

Westlake Chemical Corp

$107.92

Earnings Summary

Revenue
$4483Mn
Net Profits
$858Mn
Net Profit Margins
19.14%
PE Ratio
8.24

Highlights

Revenue:

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.

Net Profits:

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.

Net Profit Margins:

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.

PE Ratio:

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

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Westlake Chemical Corp post its latest quarter earnings

EPS Estimate Current Quarter
5.21
EPS Estimate Current Year
5.21

Highlights

EPS Estimate Current Quarter:

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.

EPS Estimate Current Year:

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

Key Ratios

Key ratios of the Westlake Chemical Corp post its Q2 2022 earnings

Earning Per Share (EPS)
6.65
Return on Assets (ROA)
0.11
Return on Equity (ROE)
0.27
Dividend Per Share (DPS)
1.14

Highlights

Earning Per Share (EPS):

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):

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.

Earning Per Share (EPS):

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.

Dividend Per Share (DPS):

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

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-04
4.63
5.83
25.92%
2022-06-30
5.98
6.65
11.2%

Company Information

Westlake is an international manufacturer and supplier of petrochemicals, polymers and building products that enhance the daily lives of people around the world. Whether it’s plastic wrap that keeps meats and produce fresh; the intravenous bags and tubing used in medical care, the pipes that are essential to ensuring clean water, or the chlorine that treats water and helps keep pools safe, Westlake plays a vital role in supplying the building blocks for these products and many more.

Organisation
Westlake Chemical Corp
Headquarters
Houston, Texas, US
Employees
9.22K
Industry
Process Industries
CEO
Albert Chao