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GuruFocus has detected 5 Warning Signs with Westlake Chemical Corp $WLK.
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Westlake Chemical Corp (NYSE:WLK)
Pretax Income
$622 Mil (TTM As of Sep. 2016)

Pretax income is the income that a company earns before paying income taxes. Westlake Chemical Corp's pretax income for the three months ended in Sep. 2016 was $63 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2016 was $622 Mil. Westlake Chemical Corp's pretax margin was 4.96%.

During the past 13 years, Westlake Chemical Corp's highest Pretax Margin was 25.06%. The lowest was -1.57%. And the median was 11.23%.


Definition

This is the income that a company earns before paying income taxes.

Westlake Chemical Corp's Pretax Income for the fiscal year that ended in Dec. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=959.827+32.236+-34.656+6.034+0
=963

Westlake Chemical Corp's Pretax Income for the quarter that ended in Sep. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=46.563+40.728+-24.366+0.537+0
=63

Westlake Chemical Corp Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2016 was 177.729 (Dec. 2015 ) + 198.236 (Mar. 2016 ) + 182.204 (Jun. 2016 ) + 63.462 (Sep. 2016 ) = $622 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Westlake Chemical Corp's Pretax Margin for the quarter that ended in Sep. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=63.462/1279.028
=4.96%

During the past 13 years, Westlake Chemical Corp's highest Pretax Margin was 25.06%. The lowest was -1.57%. And the median was 11.23%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Westlake Chemical Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Pretax Income 283159-58793434015859421,084963

Westlake Chemical Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Pretax Income 26229528622930824817819818263
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