Westlake Chemical
WLK
#951
Rank
$19.59 B
Marketcap
$152.82
Share price
0.31%
Change (1 day)
38.17%
Change (1 year)

Operating Margin for Westlake Chemical (WLK)

Operating Margin as of March 2024 (TTM): 12.22%

According to Westlake Chemical 's latest financial reports and stock price the company's current Operating Margin is 12.22%. At the end of 2022 the company had an Operating Margin of 18.65%.

Operating Margin history for Westlake Chemical from 2004 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202218.65%-17.93%
202122.73%415.28%
20204.41%-37.18%
20197.02%-54.55%
201815.45%14.92%
201713.44%22.2%
201611.00%-49.03%
201521.59%-12.07%
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
33.24% 172.01%๐Ÿ‡บ๐Ÿ‡ธ USA
5.71%-53.27%๐Ÿ‡บ๐Ÿ‡ธ USA
4.98%-59.25%๐Ÿ‡บ๐Ÿ‡ธ USA
7.86%-35.68%๐Ÿ‡บ๐Ÿ‡ธ USA
9.97%-18.41%๐Ÿ‡บ๐Ÿ‡ธ USA
19.97% 63.42%๐Ÿ‡บ๐Ÿ‡ธ USA
17.98% 47.14%๐Ÿ‡บ๐Ÿ‡ธ USA
12.54% 2.62%๐Ÿ‡บ๐Ÿ‡ธ USA
3.45%-71.77%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.