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Green Plains vs Westlake: revenue, profit, margins and growth compared

Green Plains brought in $2.1B of revenue in fiscal 2025, Westlake $11.2B in fiscal 2025. Revenue changed by -14.9% at Green Plains and -8.0% at Westlake on the year before, so Westlake grew faster. Green Plains kept -5.8% of its revenue as net profit, Westlake -13.5%. Free cash flow was $73.7M at Green Plains and -$530M at Westlake.

Side by side, latest fiscal year

GPREWLK
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.1B$11.2B
Revenue growth-14.9%-8.0%
Net income-$121.3M-$1.5B
Net margin-5.8%-13.5%
Free cash flow$73.7M-$530M
Free cash flow margin3.5%-4.7%
Earnings per share (diluted)-$1.80-$11.70
Cash$182.3M$2.7B
Debt$374.5M$5.6B
Price to earningsn/an/a
Market value$1B$8.7B
Dividend yieldn/a3.12%
Rank by revenue in sector#216 of 451 · Industrials#58 of 451 · Industrials

Over the years

Revenue
GPRE FY2018: $3BGPRE FY2019: $2.4BGPRE FY2020: $1.9BGPRE FY2021: $2.8BGPRE FY2022: $3.7BGPRE FY2023: $3.3BGPRE FY2024: $2.5BGPRE FY2025: $2.1BWLK FY2018: $8.6BWLK FY2019: $8.1BWLK FY2020: $7.5BWLK FY2021: $11.8BWLK FY2022: $15.8BWLK FY2023: $12.5BWLK FY2024: $12.1BWLK FY2025: $11.2BFY18FY19FY20FY21FY22FY23FY24FY25
GPRE $2.1BWLK $11.2B
Net income
GPRE FY2018: $15.9MGPRE FY2019: -$166.9MGPRE FY2020: -$108.8MGPRE FY2021: -$66MGPRE FY2022: -$127.2MGPRE FY2023: -$93.4MGPRE FY2024: -$82.5MGPRE FY2025: -$121.3MWLK FY2018: $996MWLK FY2019: $421MWLK FY2020: $330MWLK FY2021: $2BWLK FY2022: $2.2BWLK FY2023: $479MWLK FY2024: $602MWLK FY2025: -$1.5BFY18FY19FY20FY21FY22FY23FY24FY25
GPRE -$121.3MWLK -$1.5B
Net margin
GPRE FY2018: 0.5%GPRE FY2019: -6.9%GPRE FY2020: -5.7%GPRE FY2021: -2.3%GPRE FY2022: -3.5%GPRE FY2023: -2.8%GPRE FY2024: -3.4%GPRE FY2025: -5.8%WLK FY2018: 11.5%WLK FY2019: 5.2%WLK FY2020: 4.4%WLK FY2021: 17.1%WLK FY2022: 14.2%WLK FY2023: 3.8%WLK FY2024: 5.0%WLK FY2025: -13.5%FY18FY19FY20FY21FY22FY23FY24FY25
GPRE -5.8%WLK -13.5%
Revenue growth
GPRE FY2019: -19.0%GPRE FY2020: -20.4%GPRE FY2021: +47.0%GPRE FY2022: +29.6%GPRE FY2023: -10.0%GPRE FY2024: -25.4%GPRE FY2025: -14.9%WLK FY2019: -6.0%WLK FY2020: -7.6%WLK FY2021: +57.0%WLK FY2022: +34.1%WLK FY2023: -20.6%WLK FY2024: -3.2%WLK FY2025: -8.0%FY19FY20FY21FY22FY23FY24FY25
GPRE -14.9%WLK -8.0%
Free cash flow
GPRE FY2018: -$1.6MGPRE FY2019: -$85MGPRE FY2020: -$11.7MGPRE FY2021: -$182.9MGPRE FY2022: -$142.7MGPRE FY2023: -$51.7MGPRE FY2024: -$125MGPRE FY2025: $73.7MWLK FY2018: $707MWLK FY2019: $514MWLK FY2020: $772MWLK FY2021: $1.7BWLK FY2022: $2.3BWLK FY2023: $1.3BWLK FY2024: $306MWLK FY2025: -$530MFY18FY19FY20FY21FY22FY23FY24FY25
GPRE $73.7MWLK -$530M

Fiscal years as each company reports them; the two may end in different months.

Questions about Green Plains and Westlake

Which is bigger by revenue, Green Plains or Westlake?

Westlake is bigger by revenue: $11.2B in fiscal 2025, against $2.1B for Green Plains in fiscal 2025.

Which keeps more of its revenue as profit, Green Plains or Westlake?

Green Plains had a net margin of -5.8% in fiscal 2025; Westlake had -13.5% in fiscal 2025.

Which grew revenue faster, Green Plains or Westlake?

In their latest fiscal years revenue changed by -14.9% at Green Plains and -8.0% at Westlake.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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