Westlake Chemical Partners
WLKP
#5912
Rank
$0.79 B
Marketcap
$22.61
Share price
0.04%
Change (1 day)
6.20%
Change (1 year)

Operating Margin for Westlake Chemical Partners (WLKP)

Operating Margin as of November 2024 (TTM): 31.38%

According to Westlake Chemical Partners's latest financial reports and stock price the company's current Operating Margin is 31.38%. At the end of 2023 the company had an Operating Margin of 30.39%.

Operating Margin history for Westlake Chemical Partners from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202330.39%38.65%
202221.92%-35.16%
202133.81%-7.6%
202036.59%13.1%
201932.35%18.15%
201827.38%-14.62%
201732.07%-13.78%
201637.20%4.22%
201535.69%-13.23%
201441.13%2.38%
201340.18%46.75%
201227.38%59%
201117.22%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-0.33%-101.05%๐Ÿ‡บ๐Ÿ‡ธ USA
-36.39%-215.97%๐Ÿ‡บ๐Ÿ‡ธ USA
9.61%-69.38%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.01%-103.22%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.