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Westlake Chemical Partners LP WLKP
$ 19.16 -3.13%

Quarterly report 2023-Q2
added 08-03-2023

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Westlake Chemical Partners LP Gross Profit 2011-2025 | WLKP

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:
  • Raw materials and supplies
  • Wages of production personnel
  • Depreciation of equipment
  • Transportation and warehousing costs (if directly related to production)
Importance for business:
  • Assessing core business profitability
    If gross profit is declining, it may indicate rising production costs or falling sales.
  • Financial planning
    Gross profit is the basis for calculating other key metrics, such as operating and net profit.
  • Benchmarking against competitors
    Gross profit analysis helps compare the efficiency of different companies within the same industry.
  • Insights into pricing effectiveness
    If gross profit is low, the company may be pricing too low or failing to control costs effectively.
Reasons for a decline in gross profit:
  • Increase in raw material and supply costs
  • Rising production expenses
  • Price reductions due to competition
  • Decrease in sales volume
  • Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit Westlake Chemical Partners LP

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
377 M 442 M 379 M 379 M 377 M 404 M 391 M 383 M 746 M 873 M 636 M 409 M

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
873 M 377 M 483 M

Quarterly Gross Profit Westlake Chemical Partners LP

2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
87.7 M 106 M - 90.5 M 97.3 M 91.4 M - 75.9 M 131 M 87.7 M 84.9 M 100 M 90 M 104 M 104 M 93.2 M 92 M 90.7 M 93.6 M 93.9 M 97.1 M 92.5 M 111 M 95.4 M 99.6 M 98 M 106 M 86.8 M 88.4 M 110 M 98 M 94.1 M 94.5 M 96.2 M 102 M 165 M 247 M - - - 238 M - - - - - - - - -

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
247 M 75.9 M 106 M

Gross Profit of other stocks in the Chemicals industry

Issuer Gross Profit Price % 24h Market Cap Country
Braskem S.A. Braskem S.A.
BAK
32.1 B $ 2.84 -2.91 % $ 1.15 B brasilBrasil
Роллман Роллман
RLMN
170 M - - - russiaRussia
Куйбышевазот Куйбышевазот
KAZT
12 B - - - russiaRussia
Казаньоргсинтез Казаньоргсинтез
KZOS
17.1 B - - - russiaRussia
Celanese Corporation Celanese Corporation
CE
2.36 B $ 42.5 -2.25 % $ 4.64 B usaUSA
Adicet Bio Adicet Bio
ACET
17.9 $ 0.5 0.34 % $ 43.9 M usaUSA
Ciner Resources LP Ciner Resources LP
CINR
54.1 M - 0.81 % $ 344 M usaUSA
Molecular Data Molecular Data
MKD
-10.2 M - 2.5 % $ 2.3 M chinaChina
Ashland Global Holdings Ashland Global Holdings
ASH
549 M $ 59.87 1.22 % $ 2.75 B usaUSA
AdvanSix AdvanSix
ASIX
135 M $ 16.02 -1.66 % $ 430 M usaUSA
Eastman Chemical Company Eastman Chemical Company
EMN
2.29 B $ 63.83 -0.68 % $ 7.45 B usaUSA
DuPont de Nemours DuPont de Nemours
DD
7.46 B $ 40.67 -0.66 % $ 17 B usaUSA
Air Products and Chemicals Air Products and Chemicals
APD
2.74 B $ 243.94 0.37 % $ 54.3 B usaUSA
FutureFuel Corp. FutureFuel Corp.
FF
19.6 M $ 3.35 -0.45 % $ 147 M usaUSA
Minerals Technologies Minerals Technologies
MTX
548 M $ 62.39 0.91 % $ 2 B usaUSA
Dow Dow
DOW
6.29 B $ 23.48 -2.07 % $ 16.5 B usaUSA
Methanex Corporation Methanex Corporation
MEOH
616 M $ 38.69 -1.78 % $ 3.18 B canadaCanada
Huntsman Corporation Huntsman Corporation
HUN
866 M $ 10.38 -1.31 % $ 1.79 B usaUSA
Sociedad Química y Minera de Chile S.A. Sociedad Química y Minera de Chile S.A.
SQM
1.33 B $ 65.16 -1.03 % $ 17.5 B chileChile
LSB Industries LSB Industries
LXU
47.8 M $ 8.93 0.22 % $ 643 M usaUSA
Tronox Holdings plc Tronox Holdings plc
TROX
515 M $ 4.44 -4.62 % $ 701 M usaUSA
Valhi Valhi
VHI
424 M $ 12.41 -2.48 % $ 354 usaUSA
Rayonier Advanced Materials Rayonier Advanced Materials
RYAM
166 M $ 5.88 -0.93 % $ 387 M usaUSA
Univar Solutions Univar Solutions
UNVR
2.14 B - -0.01 % $ 5.99 B usaUSA