Westlake Chemical Corporation (WLK)
Westlake Chemical Corporation Return on Invested Capital: 10.58%
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WLK Return on Invested Capital Rankings
| Overall | 72nd percentile | 1149 of 4160 |
| Sector | 66th percentile | 153 of 462 in Basic Materials |
| Industry | 58th percentile | 21 of 51 in Specialty Chemicals |
WLK Return on Invested Capital Range, Past 5 Years
| Minimum | -3.96% | Jun 2009 |
| Maximum | 14.19% | Jun 2011 |
| Average | 6.32% |
About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
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WLK News
about 15 hours ago by MarketBrief
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about 3 days ago by MarketBrief
May 24, 6:12AM Street Insider
about 12 days ago by bradloncar
about 14 days ago by EPS_MomentuM
about 14 days ago by EPS_MomentuM
about 16 days ago by TheEquitiesRoom
about 27 days ago by abubnic
May 04, 4:11PM Street Insider
about 28 days ago by TripleDTrader
about 28 days ago by Street_Insider
May 04, 4:05PM Street Insider
May 04, 3:28PM Street Insider
May 01, 2:20PM Seeking Alpha
May 01, 8:00AM Business Wire
about 35 days ago by sunshinetrader
about 35 days ago by RecogniaEvents
about 44 days ago by FinanceTrends
about 77 days ago by StockSage1
about 80 days ago by StockTiger
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| WLK | 54.49 | -0.72 | -1.30% | 3.629B |
| WLFC | 12.74 | +0.00 | +0.00% | 116.70M |
| WLDN | 1.82 | -0.08 | -4.21% | 13.23M |
| WLB | 7.48 | +0.19 | +2.61% | 103.82M |
| WIW | 12.98 | +0.01 | +0.08% | |
| WIT | 8.60 | -0.04 | -0.46% | 21.12B |
| WBSN | 18.58 | +0.08 | +0.43% | 700.28M |
| WBS | 20.27 | +0.39 | +1.96% | 1.775B |
| WBMD | 23.03 | +0.58 | +2.58% | 1.310B |
| WBK | 98.71 | +0.26 | +0.26% | 59.82B |