Return On Equity ratio Analysis of Westlake Chemical Corp. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Indecisive ROE
11.80
Period Ending - Dec-22
Very Good ROE
22.63
Growth
-47.87 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Poor ROE
2.47
Most recent Quarter ROE
Period Ending - Mar-24
Not Good ROE
1.67
ROE Analysis of Westlake Chemical Corp.
| ROE Ratio of Westlake Chemical Corp. with value of 2.47 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Westlake Chemical Corp. with value of 1.67 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
| ROE Ratio of WLK drastically fell by -47.87 % this year. |
| ROE Ratio with value of 25.33 was highest in Year Dec-21 in last Five Years. |
| ROE Ratio with value of 6.17 was lowest in Year Dec-20 in last Five Years. |
| Latest ROE Ratio with value of 11.80 is lower than Average ROE of 14.62 in last five years. |
Other ROE Related Info of WLK that may interest you.
Westlake Chemical Corp. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| WLK | 149.83 | 153.22 | 2.21 % | Specialty Chemicals |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Very Low Profitability Stock | |
FY - Historical Return On Equity of Westlake Chemical Corp.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 11.80 | 22.63 | 25.33 | 6.17 | 7.18 | 17.82 | 26.75 |
| Change | -47.87 % | -10.67 % | 310.37 % | -14.08 % | -59.68 % | -33.40 % | 136.35 % |
FY Chart of Return On Equity of Westlake Chemical Corp.
Note : All Data Generated at the End of Trading Hours (EOD Data)