Westlake Chemical Partners LP Annual Operating Margin in % from 2016 to 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Westlake Chemical Partners LP quarterly/annual Operating Margin history and growth rate from 2016 to 2024.
  • Westlake Chemical Partners LP Operating Margin for the quarter ending December 31, 2024 was 34.4 %, a 14.4% increase year-over-year.
  • Westlake Chemical Partners LP annual Operating Margin for 2024 was 34.4 %, a 14.4% increase from 2023.
  • Westlake Chemical Partners LP annual Operating Margin for 2023 was 30 %, a 37.7% increase from 2022.
  • Westlake Chemical Partners LP annual Operating Margin for 2022 was 21.8 %, a 35.4% decline from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 34.4 +4.33 +14.4% Jan 1, 2024 Dec 31, 2024
2023 30 +8.22 +37.7% Jan 1, 2023 Dec 31, 2023
2022 21.8 -12 -35.4% Jan 1, 2022 Dec 31, 2022
2021 33.8 -2.71 -7.42% Jan 1, 2021 Dec 31, 2021
2020 36.5 +4.45 +13.9% Jan 1, 2020 Dec 31, 2020
2019 32.1 +4.88 +17.9% Jan 1, 2019 Dec 31, 2019
2018 27.2 -4.73 -14.8% Jan 1, 2018 Dec 31, 2018
2017 31.9 -5.22 -14.1% Jan 1, 2017 Dec 31, 2017
2016 37.1 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.