Westlake (WLK) Tax Rate (2010 - 2026)
Westlake (WLK) posted Tax Rate of 19.82% for Q2 2026, up 14.13% on a QoQ basis from 17.37% in Q1 2026, and up 2462.0% year-over-year from 0.77% in Q2 2025.
Analysis
Westlake (WLK) Tax Rate (2010 - 2026) Analysis & Trends
Westlake has reported Tax Rate for 17 years, with the latest figure at 19.82% in Q2 2026.
- On a quarterly basis, Tax Rate rose 2462.0% year-over-year to 19.82% in Q2 2026; TTM through Jun 2026 was 7.67%, a 11446.0% decrease from a year earlier, with the FY2025 full-year figure at 7.89%, down 2313.0% from the prior year.
- Tax Rate was 19.82% for Q2 2026 at Westlake, up from 17.37% in the prior quarter.
- The five-year high for Tax Rate was 80.21% in Q4 2024, with the low at 4.8% in Q2 2025.
- Average Tax Rate over 5 years is 20.21%, with a median of 19.39% recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate soared 6748 bps in 2024, then slumped 6060 bps in 2025.
- Over 5 years, Tax Rate stood at 18.69% in 2022, then slumped by 32 bps to 12.72% in 2023, then jumped by 530 bps to 80.21% in 2024, then tumbled by 76 bps to 19.61% in 2025, then grew by 1 bps to 19.82% in 2026.
- The last three Tax Rate figures came in at 19.82% (Q2 2026), 17.37% (Q1 2026), and 19.61% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | LyondellBasell Industries | 41.13 Bn | 38.50 Bn | 2.04 Bn | 29.21% |
| 2 | Westlake | 9.05 Bn | 7.20 Bn | 652.00 Mn | 19.82% |
| 3 | Celanese | 5.08 Bn | 3.72 Bn | 618.00 Mn | 7.75% |
| 4 | Methanex | 4.57 Bn | 4.18 Bn | 638.01 Mn | -29.95% |
| 5 | Chemours | 2.28 Bn | 1.61 Bn | 286.00 Mn | -27,300.00% |
| 6 | Olin | 1.95 Bn | 1.78 Bn | 170.20 Mn | 450.00% |
| 7 | Sino Green Land | 1.85 Bn | 1.85 Bn | -78,936.00 | - |
| 8 | Braskem | 1.65 Bn | -541.37 Mn | - | - |
| 9 | Ecovyst | 1.09 Bn | 997.78 Mn | 49.85 Mn | 28.16% |
| 10 | Kronos Worldwide | 932.89 Mn | 906.29 Mn | 102.80 Mn | 33.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.82% |
| Mar 31, 2026 | 17.37% |
| Dec 31, 2025 | 19.61% |
| Sep 30, 2025 | 0.39% |
| Jun 30, 2025 | -4.80% |
| Mar 31, 2025 | -2.94% |
| Dec 31, 2024 | 80.21% |
| Sep 30, 2024 | 35.14% |
| Jun 30, 2024 | 23.82% |
| Mar 31, 2024 | 20.60% |
| Dec 31, 2023 | 12.72% |
| Sep 30, 2023 | 19.18% |
| Jun 30, 2023 | 18.57% |
| Mar 31, 2023 | 21.12% |
| Dec 31, 2022 | 18.69% |
| Sep 30, 2022 | 16.94% |
| Jun 30, 2022 | 23.95% |
| Mar 31, 2022 | 23.37% |
| Dec 31, 2021 | 21.78% |
| Sep 30, 2021 | 23.74% |