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Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Westlake's Pre-Tax Income for the
three
months ended in Mar. 2026 was $-190 Mil. Westlake's Revenue for the
three
months ended in Mar. 2026 was $2,652 Mil. Therefore, Westlake's pretax margin for the quarter that ended in Mar. 2026 was -7.16%.
The historical rank and industry rank for Westlake's Pretax Margin % or its related term are showing as below:
LTS:0LVK'
s Pretax Margin % Range Over the Past 10 Years
Min: -15.97 Med: 9.36 Max: 22.73
Current: -15.97
LTS:0LVK's Pretax Margin % is ranked worse than 90.05% of 1578
companies
in the Chemicals industry
Industry Median: 5.35
vs LTS:0LVK: -15.97
Westlake (LTS:0LVK) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Westlake Pretax Margin % Related Terms
Westlake Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Westlake's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LTS:0LVK vs ESI, EMN, AXTA: Pretax Margin % Comparison
For the Specialty Chemicals subindustry, Westlake's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Westlake Pretax Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Westlake's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Westlake's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Westlake (LTS:0LVK) has a Pretax Margin % of -7.16% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Westlake and its competitors. According to the industry distribution chart, Westlake ranks #1421 out of 1578 companies in the Chemicals industry, placing it in the top 90.1%.
Is Westlake's Pretax Margin % too high?
Westlake's current Pretax Margin % is -7.16%. Based on the distribution chart, Westlake ranks #1421 out of 1578 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Westlake has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Westlake's Pretax Margin % compare to ESI and EMN?
According to the Chemicals industry distribution chart, Westlake ranks #1421 out of 1578 companies for Pretax Margin %. This places Westlake in the lower half of its industry. The industry median Pretax Margin % is 5.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Chemicals company?
The median Pretax Margin % among Chemicals companies is 5.35, based on 1,578 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Westlake and its competitors. For the Chemicals industry, the median Pretax Margin % is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westlake's current Pretax Margin % is -7.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westlake stock overvalued right now?
Based on GuruFocus' analysis, Westlake (LTS:0LVK) is currently considered Modestly Undervalued. The stock's GF Value™ is $104.42, compared to a current price of $76.40 — trading 26.8% below its estimated fair value. The current Pretax Margin % is -7.16%. Westlake's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Westlake (LTS:0LVK), the current Pretax Margin % is -7.16% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Westlake (LTS:0LVK) Overvalued in 2026?
Based on GuruFocus' analysis, Westlake stock appears to be undervalued.
The current stock price of $76.40 is trading 26.8% below its estimated GF Value™ of $104.42.
GuruFocus considers Westlake to be Modestly Undervalued.
Key valuation signals for LTS:0LVK:
Pretax Margin %: -7.16%
GF Value™: $104.42 vs. price of $76.40 (26.8% below fair value)
No single metric tells the full story. See the LTS:0LVK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Westlake is a forward-integrated commodity chemicals firm based in Houston. It began as a single low-density polyethylene plant and expanded its capabilities to include ethylene, vinyl chloride monomers, and polyvinyl chloride over the next two decades. The acquisition of Axiall in 2016 made it a North American leader in chlor-alkali and PVC. Today, Westlake has two defined segments: performance and essential materials, and housing and infrastructure products. The HIP segment began operating in 2022 following a series of acquisitions in the building products space. The firm aims to maximize the value of its chemical production by integrating with the HIP segment, realizing the higher margins of finished commercial goods.
74GF Score
Get the complete analysis for LTS:0LVK
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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