Westlake (WLK) Gross Margin (2010 - 2026)
Westlake (WLK) posted Gross Margin of 19.93% for Q2 2026, up 371.98% on a QoQ basis from 4.22% in Q1 2026, and up 1120.0% year-over-year from 1.63% in Q2 2025.
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Westlake (WLK) Gross Margin (2010 - 2026) Analysis & Trends
Westlake has reported Gross Margin for 17 years, with the latest figure at 19.93% in Q2 2026.
- On a quarterly basis, Gross Margin rose 1120.0% year-over-year to 19.93% in Q2 2026; TTM through Jun 2026 was 9.62%, a 158.0% decrease from a year earlier, with the FY2025 full-year figure at 7.28%, down 884.0% from the prior year.
- Gross Margin was 19.93% for Q2 2026 at Westlake, up from 4.22% in the prior quarter.
- The five-year high for Gross Margin was 32.23% in Q2 2022, with the low at 3.43% in Q4 2025.
- Average Gross Margin over 5 years is 15.92%, with a median of 16.6% recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Gross Margin tumbled 1406 bps in 2022, then jumped 1120 bps in 2026.
- Over 5 years, Gross Margin stood at 17.19% in 2022, then tumbled by 59 bps to 7.04% in 2023, then soared by 64 bps to 11.54% in 2024, then plunged by 70 bps to 3.43% in 2025, then surged by 480 bps to 19.93% in 2026.
- The last three Gross Margin figures came in at 19.93% (Q2 2026), 4.22% (Q1 2026), and 3.43% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | LyondellBasell Industries | 41.03 Bn | 38.52 Bn | 2.04 Bn | 22.21% |
| 2 | Westlake | 9.56 Bn | 8.21 Bn | 652.00 Mn | 19.93% |
| 3 | Celanese | 4.90 Bn | 3.96 Bn | 618.00 Mn | 22.46% |
| 4 | Methanex | 4.54 Bn | 4.47 Bn | 638.01 Mn | 45.73% |
| 5 | Chemours | 2.30 Bn | 1.63 Bn | 286.00 Mn | 17.98% |
| 6 | Olin | 1.98 Bn | 1.80 Bn | 170.20 Mn | 9.77% |
| 7 | Sino Green Land | 1.85 Bn | 1.85 Bn | -78,936.00 | -23.58% |
| 8 | Braskem | 1.51 Bn | -754.70 Mn | - | - |
| 9 | Ecovyst | 1.12 Bn | 1.03 Bn | 49.85 Mn | 19.94% |
| 10 | Kronos Worldwide | 969.12 Mn | 942.52 Mn | 102.80 Mn | 18.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.93% |
| 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% |