Westlake profit margin WLK
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- −10.9%
- Operating margin, 12 months
- −11.0%
- Net margin on a year earlier
- −10.4 pts
- Peer median
- 8.7%
Over the twelve months to Jun 30, 2026, Westlake kept −10.9% of its revenue as net profit, with an operating margin of −11.0% and a gross margin of 9.6%.
Five years earlier its net margin was 10.3%.
The median for 10 specialty chemicals stocks of a similar size is 8.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −13.5% | −14.1% | 7.3% |
| FY2024 | 5.0% | 7.2% | 16.1% |
| FY2023 | 3.8% | 5.8% | 17.7% |
| FY2022 | 14.2% | 19.3% | 25.8% |
| FY2021 | 17.1% | 23.8% | 29.7% |
| FY2020 | 4.4% | 5.7% | 13.6% |
| FY2019 | 5.2% | 8.1% | 15.5% |
| FY2018 | 11.5% | 16.3% | 23.0% |
| FY2017 | 16.2% | 15.2% | 21.9% |
| FY2016 | 7.9% | 11.4% | 19.3% |
| FY2015 | 14.5% | 21.5% | 26.6% |
| FY2014 | 15.4% | 25.5% | 29.8% |
| FY2013 | 16.2% | 25.4% | 29.3% |
| FY2012 | 10.8% | 17.2% | 20.6% |
| FY2011 | 7.2% | 12.3% | 15.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −10.9% | −10.4 pts | −11.0% | |
| Q1 FY26 | −14.9% | −18.1 pts | −15.7% | |
| Q4 FY25 | −13.5% | −18.5 pts | −14.1% | |
| Q3 FY25 | −8.3% | −9.1 pts | −7.3% | |
| Q2 FY25 | −0.6% | −2.8 pts | 0.9% | |
| Q1 FY25 | 3.2% | +1.1 pts | 5.2% | |
| Q4 FY24 | 5.0% | +1.1 pts | 7.2% | |
| Q3 FY24 | 0.8% | −8.5 pts | 2.1% | |
| Q2 FY24 | 2.3% | −7.3 pts | 3.5% | |
| Q1 FY24 | 2.1% | −10.4 pts | 3.4% | |
| Q4 FY23 | 3.8% | −10.4 pts | 5.8% | |
| Q3 FY23 | 9.3% | −7.3 pts | 12.3% |
Against its peers
Companies in Chemicals - Specialty nearest Westlake's size, closest first, today.
| Company | Profit margin |
|---|---|
| WLKWestlake | −10.9% |
| NEUNewmarket | 15.8% |
| AXTAAxalta Coating Systems | 6.8% |
| CLXClorox | 8.7% |
| SXTSensient Technologies | 9.3% |
| RPMRPM International | 8.7% |
| LYBLyondellBasell Industries | −1.1% |
| IFFInternational Flavors & Fragrances | 2.9% |
| PPGPPG Industries | 9.6% |
| REXREX AMERICAN RESOURCES | 19.7% |
| APDAir Products and Chemicals | −0.4% |
| Peer median | 8.7% |
Where Westlake ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Westlake
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.