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Westlake Chemical revenue
Westlake Chemical's revenue is $1.1 billion.
What is Westlake Chemical's revenue?
- Westlake Chemical's revenue growth from 2013 to 2024 is -46.62%.
- Westlake Chemical has 8,870 employees, and the revenue per employee ratio is $128,060.
- Westlake Chemical's peak quarterly revenue was $448.8M in 2022(q2).
- Westlake Chemical peak revenue was $2.1B in 2013.
- Westlake Chemical annual revenue for 2023 was 1.2B, -25.26% growth from 2022.
- Westlake Chemical annual revenue for 2024 was 1.1B, -4.61% growth from 2023.
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Westlake Chemical historical revenue
Westlake Chemical's peak revenue was $2.1B in 2013. The peak quarterly revenue was $448.8M in 2022(q2).
Westlake Chemical's revenue increased from $2.1b in 2013 to $1.1B currently. That's a -46.62% change in annual revenue.
Westlake Chemical annual revenue
Westlake Chemical annual revenue over time
| Fiscal year / year | Westlake Chemical revenue |
|---|---|
| 2013 | $2.1B |
| 2014 | $1.7B |
| 2015 | $1.0B |
| 2016 | $986.7M |
| 2017 | $1.2B |
| 2018 | $1.3B |
| 2019 | $1.1B |
| 2020 | $966.7M |
| 2021 | $1.2B |
| 2022 | $1.6B |
| 2023 | $1.2B |
| 2024 | $1.1B |
How accurately did Westlake Chemical's revenue projections match actual performance?
Westlake Chemical annual growth
Westlake Chemical saw the greatest revenue growth in 2022, when revenue increased by 31.14%.
Westlake Chemical had the lowest revenue growth in 2015, when revenue changed by -42.43%.
Westlake Chemical annual growth rate over time
| Year | Westlake Chemical growth |
|---|---|
| 2014 | -18%↓ |
| 2015 | -42%↓ |
| 2016 | -2%↓ |
| 2017 | 19%↑ |
| 2018 | 10%↑ |
| 2019 | -15%↓ |
| 2020 | -11%↓ |
| 2021 | 26%↑ |
| 2022 | 31%↑ |
| 2023 | -25%↓ |
| 2024 | -5%↓ |
Westlake Chemical quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Westlake Chemical quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2014 | - | - | $392.0M | $273.5M |
| 2015 | $258.4M | $251.7M | $248.6M | $248.5M |
| 2016 | $252.6M | $210.8M | $229.4M | $293.9M |
| 2017 | $277.4M | $290.1M | $296.8M | $308.6M |
| 2018 | $284.3M | $302.0M | $363.7M | $335.7M |
| 2019 | $299.1M | $270.1M | $249.9M | $272.8M |
| 2020 | $250.5M | $238.5M | $232.0M | $245.7M |
| 2021 | $268.2M | $322.2M | $294.0M | $330.5M |
| 2022 | $362.4M | $448.8M | $415.1M | $366.8M |
| 2023 | $307.7M | $264.2M | $321.7M | $297.3M |
| 2024 | $284.7M | $284.2M | $277.0M | $290.1M |
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Westlake Chemical financial information
| CEO | Albert Yuan Chao |
| Industry | Materials |
| Company Type | Public |
| Employees Number | 8,870 |
| Date Founded | 1986 |
| Headquarters | Houston, Texas |
| Number of Locations | 17 |
| Revenue | $1.1B |
| Net Income | $64,173,000 |
| Gross Proft | $418.9M (2024) |
| PE Ratio | 150.64 |
| Tax Rate | 0.0% |
| Market Capitalization | $9.4B |
| Total Assets | $1,371,979,000 |
| Ticker | WLKP |
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Westlake Chemical financing
Westlake Chemical received early financing of $0.0 on 2017-01-07.
| Series | Round size | Date |
|---|---|---|
| Post-IPO Equity - Westlake Chemical Corporation | 01/2017 |
Westlake Chemical investors
| Investors | Security type |
|---|---|
| James Investment Research | Post-IPO Equity - Westlake Chemical Corporation |
Westlake Chemical competitors
Westlake Chemical's top competitor, Exxon Mobil, earned an annual revenue of $343.4B.
Westlake Chemical's smallest competitor is UNIVERSAL GROUP with revenue of $370.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The Dow Chemical Company | $67,440 | $43.0B | 54,000 | 138 |
| Celanese | $74,951 | $10.3B | 7,714 | 80 |
| Huntsman | $57,561 | $6.1B | 9,000 | 82 |
| Albemarle | $54,773 | $5.4B | 5,900 | 62 |
| Dover | $51,410 | $7.7B | 23,000 | 520 |
| Exxon Mobil | $53,156 | $343.4B | 72,000 | 254 |
| The Williams Companies | $72,686 | $10.5B | 5,425 | 180 |
| Weatherford International | $54,614 | $15.3B | 30,000 | 71 |
| Chevron | $50,184 | $146.5B | 44,679 | 407 |
| Cameron Welding Supply | $56,541 | $8.8B | 35,000 | 1 |
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Zippia gives an in-depth look into the details of Westlake Chemical, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Westlake Chemical. The employee data is based on information from people who have self-reported their past or current employments at Westlake Chemical. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Westlake Chemical. The data presented on this page does not represent the view of Westlake Chemical and its employees or that of Zippia.
Westlake Chemical may also be known as or be related to Westlake Chemical, Westlake Chemical Corporation and Westlake Corporation.