Westlake Corporation
WLKFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
12,142
Cost of Revenue
10,185
Gross Profit
1,957
Gross Margin
16.1%
Operating Income
875
Operating Margin
7.2%
Net Income
602
Net Margin
5.0%
EPS (Basic)
$4.66
EPS (Diluted)
$4.64
EBITDA
2,211
EBITDA Margin
18.2%
2023
12/31/2023
Revenue
12,548
Cost of Revenue
10,329
Gross Profit
2,219
Gross Margin
17.7%
Operating Income
729
Operating Margin
5.8%
Net Income
479
Net Margin
3.8%
EPS (Basic)
$3.72
EPS (Diluted)
$3.70
EBITDA
1,962
EBITDA Margin
15.6%
2022
12/31/2022
Revenue
15,794
Cost of Revenue
11,721
Gross Profit
4,073
Gross Margin
25.8%
Operating Income
3,050
Operating Margin
19.3%
Net Income
2,247
Net Margin
14.2%
EPS (Basic)
$17.47
EPS (Diluted)
$17.35
EBITDA
4,179
EBITDA Margin
26.5%
2021
12/31/2021
Revenue
11,778
Cost of Revenue
8,283
Gross Profit
3,495
Gross Margin
29.7%
Operating Income
2,800
Operating Margin
23.8%
Net Income
2,015
Net Margin
17.1%
EPS (Basic)
$15.66
EPS (Diluted)
$15.58
EBITDA
3,693
EBITDA Margin
31.4%
2020
12/31/2020
Revenue
7,504
Cost of Revenue
6,481
Gross Profit
1,023
Gross Margin
13.6%
Operating Income
429
Operating Margin
5.7%
Net Income
330
Net Margin
4.4%
EPS (Basic)
$2.57
EPS (Diluted)
$2.57
EBITDA
1,246
EBITDA Margin
16.6%