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Westlake WLK Net margin

Net margin at other companies

Exxon Mobil logo
Exxon MobilXOM
7.6%-1.9pp
LyondellBasell Industries N.V. logo
LyondellBasell Industries N.V.LYB
-2.7%
Dow logo
DowDOW
-6.8%-7.7pp
DuPont de Nemours, Inc. logo
DuPont de Nemours, Inc.DD
-0.4%-0.2pp
RPM International logo
RPM InternationalRPM
8.6%-0.2pp
Element Solutions logo
Element SolutionsESI
5.3%-6.2pp

Other financials

Income statement

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Revenue$2.7B-6.8%
Gross profit$112.0M-51.7%
Operating income-$172.0M-438%
Net income-$169.0M-323%
EPS (diluted)-$1.31-323%

Balance sheet

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Cash & equivalents$2.3B-1.1%
Total debt$6.4B+16.9%
Total equity$8.5B-17.9%
Total assets$19.7B-4.8%

Cash flow

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Operating cash flow-$94.0M-22.1%
CapEx$209.0M-15.7%
Free cash flow-$303.0M+6.8%

Valuation

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Market cap$10.29B+16.3%
Enterprise value$14.38B+19.0%
P/S0.9×+0.2×

Profitability

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Gross margin6.3%-8.0pp
Operating margin-15.7%-20.8pp
FCF margin-4.6%-5.3pp

Returns & leverage

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Return on equity-17.3%-21.0pp
Debt / equity0.7×+0.2×
Current ratio2.2×-0.5×

Where this comes from

Calculated from Westlake’s reported figures.

Based on trailing twelve months.

The official record: Westlake’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Westlake's net margin?
Westlake (WLK) reported net margin of -14.9% in Q1 2026.
How has Westlake's net margin changed year-over-year?
Westlake's net margin decreased by 561.8% year-over-year, from 3.2% to -14.9%.
What is the long-term trend for Westlake's net margin?
Over 4 years (2020 to 2025), Westlake's net margin has grown at a 32.4% compound annual growth rate (CAGR), from 4.4% to -13.5%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.