Westlake Income Tax Expense from 2010 to 2024

WLK Stock  USD 122.31  3.54  2.81%   
Westlake Chemical Income Tax Expense yearly trend continues to be quite stable with very little volatility. The value of Income Tax Expense is projected to decrease to about 158.2 M. From the period between 2010 and 2024, Westlake Chemical, Income Tax Expense regression line of its data series had standard deviation of  229,844,063 and standard deviation of  229,844,063. View All Fundamentals
 
Income Tax Expense  
First Reported
2002-03-31
Previous Quarter
101 M
Current Value
65 M
Quarterly Volatility
79.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Westlake Chemical Correlation against competitors.
For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.

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 Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Westlake Income Tax Expense Regression Statistics

Arithmetic Mean219,125,985
Geometric Mean204,772,805
Coefficient Of Variation104.89
Mean Deviation169,371,879
Median178,000,000
Standard Deviation229,844,063
Sample Variance52828.3T
Range907M
R-Value0.18
Mean Square Error55053T
R-Squared0.03
Significance0.52
Slope9,240,291
Total Sum of Squares739596.1T

Westlake Income Tax Expense History

2024158.2 M
2023178 M
2022649 M
2021607 M
2020-42 M
2019108 M
2018300 M

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 ReportedProjected for Next Year
Income Tax Expense178 M158.2 M

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When determining whether Westlake Chemical is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westlake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westlake Chemical Stock. Highlighted below are key reports to facilitate an investment decision about Westlake Chemical Stock:
Check out the analysis of Westlake Chemical Correlation against competitors.
For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.
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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.