Westlake (WLK) Gross Margin (2010 - 2026)

Westlake's (WLK) quarterly Gross Margin came in at 4.22% in Q1 2026, down 393.0% year-on-year from 1.44% in Q1 2025, and up 22.96% quarter-over-quarter from 3.43% in Q4 2025.

Westlake (WLK) Gross Margin (2010 - 2026) Analysis & Trends

Westlake's Gross Margin history runs 17 years deep, the most recent figure standing at 4.22% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 393.0% year-over-year to 4.22% in Q1 2026; TTM through Mar 2026 was 6.31%, a 803.0% decrease from a year earlier, with the FY2025 full-year figure at 7.28%, down 884.0% from the prior year.
  • Gross Margin advanced to 4.22% in Q1 2026 per WLK's latest filing, from 3.43% in the prior quarter.
  • Across five years, Gross Margin topped out at 32.23% in Q2 2022 and bottomed at 3.43% in Q4 2025.
  • The 5-year median for Gross Margin is 16.01% (2024), against an average of 15.69%.
  • Biggest YoY gain for Gross Margin was 1009 bps in 2022; the steepest drop was 1406 bps in 2022.
  • Year by year, Gross Margin stood at 17.19% in 2022, then slumped by 59 bps to 7.04% in 2023, then surged by 64 bps to 11.54% in 2024, then tumbled by 70 bps to 3.43% in 2025, then rose by 23 bps to 4.22% in 2026.
  • Per Business Quant, the three latest WLK Gross Margin figures stand at 4.22% (Q1 2026), 3.43% (Q4 2025), and 8.32% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Linde 234.96 Bn 231.01 Bn 4.26 Bn 48.49%
2 Sherwin Williams 76.59 Bn 76.37 Bn 2.78 Bn 49.07%
3 Ecolab 74.26 Bn 73.64 Bn 1.85 Bn 44.03%
4 Air Products & Chemicals 73.40 Bn 74.95 Bn 987.40 Mn 31.13%
5 Ppg Industries 25.35 Bn 23.87 Bn 1.66 Bn 42.11%
6 LyondellBasell Industries 22.96 Bn 20.44 Bn 701.00 Mn 9.74%
7 Chemical & Mining Co Of Chile 19.81 Bn 18.30 Bn 778.60 Mn 44.24%
8 International Flavors & Fragrances 18.89 Bn 18.36 Bn 1.02 Bn 37.14%
9 DuPont de Nemours 18.77 Bn 18.88 Bn 602.00 Mn 35.81%
10 Westlake 9.64 Bn 7.67 Bn 112.00 Mn 4.22%

Historic Data

Download Data
DateValue
Mar 31, 2026 4.22%
Dec 31, 2025 3.43%
Sep 30, 2025 8.32%
Jun 30, 2025 8.74%
Mar 31, 2025 8.15%
Dec 31, 2024 11.54%
Sep 30, 2024 16.01%
Jun 30, 2024 20.70%
Mar 31, 2024 15.66%
Dec 31, 2023 7.04%
Sep 30, 2023 18.81%
Jun 30, 2023 19.75%
Mar 31, 2023 23.60%
Dec 31, 2022 17.19%
Sep 30, 2022 19.62%
Jun 30, 2022 32.23%
Mar 31, 2022 31.68%
Dec 31, 2021 31.25%
Sep 30, 2021 33.32%
Jun 30, 2021 30.50%