Westlake Income Tax Expense from 2010 to 2024
WLK Stock | USD 122.31 3.54 2.81% |
Income Tax Expense | First Reported 2002-03-31 | Previous Quarter 101 M | Current Value 65 M | Quarterly Volatility 79.1 M |
Check Westlake Chemical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Westlake Chemical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Total Revenue of 13.2 B or Gross Profit of 2.3 B, as well as many indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.0095 or PTB Ratio of 1.45. Westlake financial statements analysis is a perfect complement when working with Westlake Chemical Valuation or Volatility modules.
Westlake | Income Tax Expense |
Latest Westlake Chemical's Income Tax Expense Growth Pattern
Below is the plot of the Income Tax Expense of Westlake Chemical over the last few years. It is Westlake Chemical's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Westlake Chemical's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense | 10 Years Trend |
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Income Tax Expense |
Timeline |
Westlake Income Tax Expense Regression Statistics
Arithmetic Mean | 219,125,985 | |
Geometric Mean | 204,772,805 | |
Coefficient Of Variation | 104.89 | |
Mean Deviation | 169,371,879 | |
Median | 178,000,000 | |
Standard Deviation | 229,844,063 | |
Sample Variance | 52828.3T | |
Range | 907M | |
R-Value | 0.18 | |
Mean Square Error | 55053T | |
R-Squared | 0.03 | |
Significance | 0.52 | |
Slope | 9,240,291 | |
Total Sum of Squares | 739596.1T |
Westlake Income Tax Expense History
About Westlake Chemical Financial Statements
Westlake Chemical investors utilize fundamental indicators, such as Income Tax Expense, to predict how Westlake Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Income Tax Expense | 178 M | 158.2 M |
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Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westlake Chemical. If investors know Westlake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westlake Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 2.05 | Earnings Share 0.72 | Revenue Per Share 94.405 | Quarterly Revenue Growth 0.001 |
The market value of Westlake Chemical is measured differently than its book value, which is the value of Westlake that is recorded on the company's balance sheet. Investors also form their own opinion of Westlake Chemical's value that differs from its market value or its book value, called intrinsic value, which is Westlake Chemical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westlake Chemical's market value can be influenced by many factors that don't directly affect Westlake Chemical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westlake Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westlake Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westlake Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.