Westlake (WLK) Tax Rate (2010 - 2026)

Westlake (WLK) recorded quarterly Tax Rate of 17.37% in Q1 2026, down 11.42% quarter-over-quarter from 19.61% in Q4 2025, and up 2031.0% on a YoY basis from 0.82% in Q1 2025.

Westlake (WLK) Tax Rate (2010 - 2026) Analysis & Trends

Westlake's Tax Rate history runs 17 years deep, the most recent figure standing at 17.37% for Q1 2026.

  • In Q1 2026, Tax Rate rose 2031.0% year-over-year to 17.37%; the TTM figure through Mar 2026 stood at 9.13% (down 2724.0% YoY), while the FY2025 annual figure was 7.89%, down 2313.0% from the prior year.
  • Tax Rate was 17.37% for Q1 2026 at Westlake, down from 19.61% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 80.21% in Q4 2024 to a low of 4.8% in Q2 2025.
  • Historically, Tax Rate has averaged 20.23% across 5 years, with a median of 19.18% in 2023.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate surged 6748 bps in 2024, then tumbled 6060 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 18.69% in 2022, then tumbled by 32 bps to 12.72% in 2023, then soared by 530 bps to 80.21% in 2024, then plunged by 76 bps to 19.61% in 2025, then retreated by 11 bps to 17.37% in 2026.
  • The last three Tax Rate figures came in at 17.37% (Q1 2026), 19.61% (Q4 2025), and 0.39% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 23.49
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -41.34
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn 21.34
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn 13.89
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 17.96
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn 25.53
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 18.66
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 17.13
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn -1.46
10 Westlake 10.27 Bn 8.30 Bn 112.00 Mn 17.37

Historic Data

Download Data
DateValue
Mar 31, 2026 17.37%
Mar 31, 2026 17.37%
Dec 31, 2025 19.61%
Dec 31, 2025 19.61%
Sep 30, 2025 0.39%
Sep 30, 2025 0.39%
Jun 30, 2025 -4.80%
Jun 30, 2025 -4.80%
Mar 31, 2025 -2.94%
Mar 31, 2025 -2.94%
Dec 31, 2024 80.21%
Dec 31, 2024 80.21%
Sep 30, 2024 35.14%
Sep 30, 2024 35.14%
Jun 30, 2024 23.82%
Jun 30, 2024 23.82%
Mar 31, 2024 20.60%
Mar 31, 2024 20.60%
Dec 31, 2023 12.72%
Dec 31, 2023 12.72%