Westlake Corp.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.04B | $5.08B | $108.4M | $147.9M | $322.4M | $319.9M | $446.4M | $3.17B |
| Cost of Revenue | $6.28B | $4.09B | $3.28B | $3.10B | $2.66B | $2.83B | $3.06B | $2.69B |
| Gross Profit | $1.76B | $983.0M | $1.19B | $1.32B | $1.10B | $737.0M | $559.0M | $482.7M |
| Gross Margin | 21.9% | 19.4% | 1,093.6% | 890.6% | 341.6% | 230.4% | 125.2% | 15.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $399.0M | $258.0M | $218.0M | $183.7M | $148.0M | $121.6M | $112.2M | $104.3M |
| Operating Income | $1.23B | $583.0M | $960.0M | $1.12B | $953.5M | $615.4M | $446.8M | $378.4M |
| Operating Margin | 15.2% | 11.5% | 886.0% | 759.8% | 295.7% | 192.3% | 100.1% | 11.9% |
| Interest Expense | $159.0M | $79.0M | $35.0M | $37.4M | $18.1M | $43.0M | $51.0M | $39.9M |
| Pretax Income | $1.08B | $558.0M | $963.0M | $1.08B | $942.2M | — | — | — |
| Income Tax Expense | $-258.0M | $138.0M | $298.0M | $398.9M | $331.7M | $199.6M | $142.5M | $121.6M |
| Net Income | $1.30B | $399.0M | $646.0M | $678.5M | $610.4M | $385.6M | $259.0M | $221.4M |
| Net Margin | 16.2% | 7.9% | 596.2% | 458.7% | 189.3% | 120.5% | 58.0% | 7.0% |
| EPS (Basic) | $10.05 | $3.07 | $4.88 | $5.09 | $4.57 | $2.89 | $1.95 | $1.68 |
| EPS (Diluted) | $10.00 | $3.06 | $4.86 | $5.07 | $4.55 | $2.88 | $1.94 | $1.67 |
| Shares Outstanding (Basic) | 129.1M | 129.4M | 131.8M | 133.1M | 133.2M | 132.6M | 131.9M | 130.9M |
| Shares Outstanding (Diluted) | 129.5M | 130.0M | 132.3M | 133.6M | 133.8M | 133.3M | 132.6M | 131.4M |
| Dividends Per Share | $0.80 | $0.74 | $0.69 | $0.58 | $0.41 | $2.14 | $0.14 | $0.12 |