Westlake Chemical Revenue, Profits - WLK Quarterly Income Statement

Add to My Stocks
$97.32 $0.74 (0.75%) WLK stock closing price Aug 13, 2018 (Closing)

WLK stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Westlake Chemical stock price. The key financial statements of a company are the income statement, the balance sheet and the cash flow statement. Like any other income statement, the WLK income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a QoQ revenue growth of 3.95% when compared to the same period in the past. The Westlake Chemical profit and loss statement for 2018 Q2 shows a net profit of $278M. Profits for last year was $287M. Apart from this an investor should also check Westlake Chemical assets and Westlake Chemical free cash flow.

View and download details of revenue and profits for Westlake Chemical for latest & last 40 quarters.
show more
Quarterly
Annual
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Westlake Chemical Revenues or Net Sales
2.24B2.15B2.01B2.11B1.98B1.94B1.74B1.28B1.09B975.19M
Cost Of Goods Sold (COGS)1.68B1.61B1.51B1.61B1.57B1.58B1.45B1.08B844.69M719.6M
Westlake Chemical Gross Profit
552M542M497.98M498.05M405.83M367.14M281.49M202.13M241.36M255.58M
Research & Development Expense----------
Selling General & Admin Expense123M115M25.15M132.3M138.71M131.84M128.81M155.57M61.42M53.3M
Income Before Depreciation Depletion Amortization429M427M472.86M365.74M267.11M235.29M152.69M46.56M179.93M202.27M
Depreciation Depletion Amortization25M26M108M-------
Non Operating Income8M22M-2.05M-0.53M5.07M4.31M41.26M8.18M2.64M
Interest Expense31M37M40.23M40.03M38.97M39.77M42.52M24.36M5.91M6.68M
Westlake Chemical Pretax Income
381M386M325.05M327.76M227.6M200.59M114.48M63.46M182.2M198.23M
Provision for Income Taxes93M89M-490.67M108.61M68.18M55.88M9.19M-6.55M66.58M69.3M
MinorityInterest10M10M13.58M8.31M6.59M6.52M6.36M4.35M4.49M5.8M
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations288M287M802M210.83M152.83M138.19M98.95M65.66M111.12M123.13M
Extraordinary Items & Discontinued Operations----------
Westlake Chemical Profit/ Loss (Net Income)
278M287M802M210.83M152.83M138.19M98.95M65.66M111.12M123.13M
Average Shares used to compute Diluted EPS130.52M129.86M130.41M130.14M129.51M129.15M130.19M128.75M130.73M130.99M
Average Shares used to compute Basic EPS130.52M129.86M130.41M130.14M129.51M129.15M130.19M128.75M130.73M130.99M
Income Before Nonrecurring Items320M294M211M215.19M158.09M163.89M113.04M110.72M157.73M123.13M
Income from Nonrecurring Items-42M-7M591M-4.36M-5.27M-25.7M-14.09M-45.06M-46.61M-
Westlake Chemical Earnings Per Share Basic Net
2.132.216.181.621.181.070.760.510.850.94
Westlake Chemical Earnings Per Share Diluted Net
2.122.206.151.611.171.060.760.510.850.94
EPS Diluted Before Nonrecurring Items2.452.241.621.651.211.260.870.861.210.94
Preferred Dividends Acc Pd----------
Dividends Common27.2327.2127.11-------
Dividend Per Share Common0.210.210.210.210.190.190.190.190.180.18
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

The key things to look for in an income statement while doing Westlake Chemical stock analysis are:

  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that WLK stock has a topline or revenue of $2.24B for 2018 Q2 as per this Westlake Chemical revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: Most businesses like Westlake Chemical try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.

The income statement is also called statement of revenue and expense. The WLK financials along with Westlake Chemical historical stock prices provide a lot of details about the firm.

Westlake Chemical Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
8.06
PS Ratio (price sales ratio)
1.49
Operating Margin
18.7
Net Profit Margin
13.3
Dividend Yield
0.86%

Other Income Statements - Westlake Chemical Corporation Industry Peers

Axiall Corp income statement, Huntsman income statement, Kuraray Co income statement, LyondellBasell income statement