Westlake
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Westlake's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 21% to $12,548,000,000. Profit margin reached 4%. Total operating expenses were $865,000,000.
Profit Margin
| 2014 | 4.41B | 678.52M | 15.37% |
|---|---|---|---|
| 2015 | 4.46B | 646.01M | 14.47% |
| 2016 | 5.07B | 398.85M | 7.86% |
| 2017 | 8.04B | 1.30B | 16.22% |
| 2018 | 8.63B | 996M | 11.53% |
| 2019 | 8.11B | 421M | 5.19% |
| 2020 | 7.50B | 330M | 4.4% |
| 2021 | 11.77B | 2.01B | 17.11% |
| 2022 | 15.79B | 2.24B | 14.23% |
| 2023 | 12.54B | 479M | 3.82% |
WLK Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 12.54B | 15.79B | 11.77B | 7.50B | 8.11B | 8.63B | 8.04B | 5.07B | 4.46B | 4.41B |
Cost of revenue | 10.32B | 11.72B | 8.28B | 6.48B | 6.85B | 6.64B | 6.27B | 4.09B | 3.27B | 3.09B |
Gross profit | 2.21B | 4.07B | 3.49B | 1.02B | 1.26B | 1.98B | 1.76B | 980.56M | 1.18B | 1.31B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 41M | 23M | 14M | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 865M | 990M | 674M | 558M | 567M | 546M | 507M | 295.43M | 225.36M | 193.35M |
Operating income | 729M | 3.05B | 2.8B | 429M | 656M | 1.40B | 1.23B | 581.45M | 959.82M | 1.12B |
Other income (expenses), net | -29M | -104M | -123M | -98M | -86M | 19M | -144M | -47.27M | 3.61M | -40.07M |
Income before tax | 700M | 2.94B | 2.67B | 331M | 570M | 1.33B | 1.08B | 558.37M | 963.44M | 1.08B |
Income tax expense | 178M | 649M | 607M | -42M | 108M | 300M | -258M | 138.52M | 298.39M | 398.90M |
Net income | 479M | 2.24B | 2.01B | 330M | 421M | 996M | 1.30B | 398.85M | 646.01M | 678.52M |
Earnings per share | ||||||||||
Basic EPS | 3.72 | 17.47 | 15.66 | 2.57 | 3.26 | 7.7 | 10.05 | 3.07 | 4.88 | 5.09 |
Diluted EPS | 3.7 | 17.35 | 15.58 | 2.57 | 3.25 | 7.66 | 10 | 3.06 | 4.86 | 5.07 |
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