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| Date | Value |
|---|---|
| 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% |