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Westlake Chemical Corp (NYSE:WLK)
Pretax Income
$933 Mil (TTM As of Mar. 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 Mar. 2016 was $198 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2016 was $933 Mil. Westlake Chemical Corp's pretax margin was 20.33%.

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 Mar. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=202.276+2.645+-6.685+0+-2.84217094304E-14
=198

Westlake Chemical Corp Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2016 was 308.474 (Jun. 2015 ) + 248.453 (Sep. 2015 ) + 177.729 (Dec. 2015 ) + 198.236 (Mar. 2016 ) = $933 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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

Pretax Margin=Pretax Income/Revenue
=198.236/975.187
=20.33%

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 own 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 own currency.

Westlake Chemical Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Pretax Income 283159-58793434015859421,084963

Westlake Chemical Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Pretax Income 258241262295286229308248178198
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