
Westlake Chemical Partners LP WLKP
$ 18.68
-1.06%
Quarterly report 2023-Q2
added 08-03-2023
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:Importance for business:
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)
- 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.
- 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.
BAK
|
32.1 B | $ 2.92 | -5.51 % | $ 1.06 B | ||
|
Роллман
RLMN
|
170 M | - | - | - | ||
|
Куйбышевазот
KAZT
|
12 B | - | - | - | ||
|
Казаньоргсинтез
KZOS
|
17.1 B | - | - | - | ||
|
Celanese Corporation
CE
|
2.36 B | $ 42.55 | 1.02 % | $ 4.65 B | ||
|
Adicet Bio
ACET
|
17.9 | $ 0.51 | -1.23 % | $ 44.8 M | ||
|
Ciner Resources LP
CINR
|
54.1 M | - | 0.81 % | $ 344 M | ||
|
Molecular Data
MKD
|
-10.2 M | - | 2.5 % | $ 2.3 M | ||
|
AdvanSix
ASIX
|
135 M | $ 17.34 | 1.32 % | $ 465 M | ||
|
Eastman Chemical Company
EMN
|
2.29 B | $ 63.38 | 0.81 % | $ 7.4 B | ||
|
Sociedad Química y Minera de Chile S.A.
SQM
|
1.33 B | $ 71.74 | 1.09 % | $ 17.5 B | ||
|
DuPont de Nemours
DD
|
7.46 B | $ 41.19 | 0.37 % | $ 17.3 B | ||
|
Minerals Technologies
MTX
|
548 M | $ 62.35 | 0.48 % | $ 2 B | ||
|
Air Products and Chemicals
APD
|
2.74 B | $ 247.33 | 0.61 % | $ 55.1 B | ||
|
FutureFuel Corp.
FF
|
19.6 M | $ 3.24 | - | $ 142 M | ||
|
Dow
DOW
|
6.29 B | $ 23.24 | 0.74 % | $ 16.4 B | ||
|
Methanex Corporation
MEOH
|
616 M | $ 40.26 | 0.3 % | $ 3.18 B | ||
|
Huntsman Corporation
HUN
|
866 M | $ 10.07 | 1.72 % | $ 1.73 B | ||
|
LSB Industries
LXU
|
47.8 M | $ 8.47 | -0.24 % | $ 610 M | ||
|
Valhi
VHI
|
424 M | $ 12.18 | 4.1 % | $ 347 | ||
|
Ashland Global Holdings
ASH
|
549 M | $ 59.55 | 0.35 % | $ 2.74 B | ||
|
Rayonier Advanced Materials
RYAM
|
166 M | $ 5.88 | 0.77 % | $ 387 M | ||
|
Tronox Holdings plc
TROX
|
515 M | $ 4.29 | -0.46 % | $ 677 M | ||
|
Univar Solutions
UNVR
|
2.14 B | - | -0.01 % | $ 5.99 B |