Company / Income Tax
Westlake Corporation Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
-$126.0M
FY2025
5-year range
-$126.0M / $607.0M
FY2021-FY2025
Trend
-143.3%
vs FY2024
Sector context
#116 of 118
Materials
What the data says
Among 118 Materials companies, Westlake Corporation is in the top 2% for income tax. Income Tax has fluctuated over the past 10 years, ranging from -$258M in FY2019 to $607M in FY2023.
Based on SEC 10-K filings.
-$126M in FY2025.
Improved from $607M to -$126M over the past 2 years.
Materials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 2% in MaterialsTop 2% of 118This company -$126.0M Sector average $178.4M
▼
-170.6% below sector average
Key checks
Key Insights
- In FY2025, income tax decreased 143.3% year-over-year.
- Ranks #116 out of 118 companies in the Materials sector.
- Peak income tax was recorded in FY2023.
- Lowest income tax in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score 1.14 (distress zone, below 1.8 threshold)
- Negative profit margin: -8.4%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$126.0M | -143.3% |
| FY2024 | $291.0M | -52.1% |
| FY2023 | $607.0M | +1545.2% |
| FY2022 | -$42.0M | -138.9% |
| FY2021 | $108.0M | -64.0% |
| FY2020 | $300.0M | +216.3% |
| FY2019 | -$258.0M | -287.0% |
| FY2018 | $138.0M | -53.7% |
| FY2017 | $298.0M | +115.9% |
| FY2016 | $138.0M | -53.7% |
As of FY2025 · SEC Form 10-K · Last checked Jun 30, 2026