Westlake Chemical
WLK
#1033
Rank
โ‚น1.574 T
Marketcap
โ‚น12,249
Share price
2.03%
Change (1 day)
17.50%
Change (1 year)

Operating Margin for Westlake Chemical (WLK)

Operating Margin as of September 2024 (TTM): 3.82%

According to Westlake Chemical 's latest financial reports and stock price the company's current Operating Margin is 3.82%. At the end of 2023 the company had an Operating Margin of 5.58%.

Operating Margin history for Westlake Chemical from 2004 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20235.58%-70.09%
202218.65%-17.93%
202122.73%415.28%
20204.41%-37.18%
20197.02%-54.55%
201815.45%14.92%
201713.44%22.29%
201610.99%-49.05%
201521.58%-12.1%
201424.55%-2.04%
201325.06%52.94%
201216.39%47.76%
201111.09%2.56%
201010.81%219.32%
20093.39%-315.49%
2008-1.57%-131.56%
20074.98%-56.22%
200611.37%-19.6%
200514.15%47.31%
20049.60%481.46%
20031.65%-224.73%
2002-1.32%-87.73%
2001-10.79%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
2.60%-31.94%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.15%-103.93%๐Ÿ‡บ๐Ÿ‡ธ USA
12.29% 221.73%๐Ÿ‡บ๐Ÿ‡ธ USA
2.56%-32.98%๐Ÿ‡บ๐Ÿ‡ธ USA
11.23% 193.98%๐Ÿ‡บ๐Ÿ‡ธ USA
19.52% 410.99%๐Ÿ‡บ๐Ÿ‡ธ USA
5.23% 36.91%๐Ÿ‡บ๐Ÿ‡ธ USA
5.12% 34.03%๐Ÿ‡บ๐Ÿ‡ธ USA
14.78% 286.91%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.