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Westlake Chemical Corporation

Westlake Chemical Corporation

WLK · NYSE · Basic Materials / Specialty Chemicals

63.61USD+0.83 (+1.32%)

Price History

Full chart

Market Stats

Previous Close62.78
Open63.08
Day Range61.76 – 63.71
52-Week Range54.84 – 122.63
Volume761.00K
Market Cap8.10B
P/E (TTM)0.00
Forward P/E14.99
EPS-9.08
Dividend Yield3.19%
Beta0.63
50-Day Avg73.91
200-Day Avg88.44

About

Westlake Corporation manufactures and markets performance and essential materials, and housing and infrastructure products in the United States, Canada, Germany, China, Mexico, Brazil, France, Italy, and internationally. It operates through two segments, Performance and Essential Materials and The Housing and Infrastructure Products. The Performance and Essential Materials segment offers ethylene, polyethylene, chlor-alkali, chlorinated derivative products, ethylene dichloride, vinyl chloride monomer, polyvinyl chloride (PVC), epoxy specialty resins, and base epoxy resins and intermediaries. The Housing and Infrastructure Products segment provides residential PVC sidings; PVC trim and mouldings; architectural stone veneers; windows; PVC decking; polymer composite and cement roof tiles; PVC pipes and fittings for various water, sewer, electrical, and industrial applications; and PVC compounds for various housing, medical, and automobile products. This segment also offers consumer and commercial products, such as landscape edging; industrial, home, and office matting; marine dock edging; and masonry joint controls. It offers its products to chemical processors; plastics fabricators; small construction contractors; municipalities; and supply warehouses for use in various consumer and industrial markets, including residential construction, flexible and rigid packaging, automotive products, healthcare products, water treatment, wind turbines, and coatings, as well as other durable and non-durable goods. The company was formerly known as Westlake Chemical Corporation and changed its name to Westlake Corporation in February 2022. Westlake Corporation was founded in 1986 and is headquartered in Houston, Texas. Westlake Corporation is a subsidiary of TTWF LP.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Jean-Marc Gilson
  • Employees14.60K
  • Headquarters2801 Post Oak Boulevard, Houston, TX, United States, 77056, USA
  • Websitehttps://www.westlake.com

Leadership

  • Mr. Albert Yuan ChaoExecutive Chairman · b. 1950
  • Mr. James Y. ChaoSenior Chairman · b. 1948
  • Mr. Jean-Marc GilsonPresident, CEO & Director · b. 1963
  • Mr. Mark Steven Bender CPASpecial Advisor · b. 1957
  • Mr. Jonathan H. BakshtSenior VP & CFO · b. 1976
  • Mr. Tommy E. DarbyVP & Chief Accounting Officer · b. 1981
  • Mr. Jeffrey A. HolyVice President of Finance & Investor Relations · b. 1980
  • Mr. L. Benjamin Ederington J.D.Executive Vice President of Legal & External Affairs · b. 1971
  • Mr. Scott T. SzwejbkaSenior VP of Housing & Infrastructure Products Segment Head · b. 1969
  • Mr. Brian J PowersSenior VP of Performance & Essential Materials Segment Head

Financials

Income Statement

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.06B1.39B1.09B1.07B1.42B1.99B2.44B2.48B3.19B3.69B2.33B3.17B3.62B3.57B3.76B4.42B4.46B5.08B8.04B8.63B8.12B7.50B11.78B15.79B12.55B12.14B11.17B
Growth (%)-+31.64%-21.92%-1.33%+32.67%+39.52%+22.96%+1.77%+28.49%+15.67%-37.01%+36.38%+14.13%-1.35%+5.28%+17.45%+1.08%+13.74%+58.41%+7.39%-5.99%-7.56%+56.96%+34.10%-20.55%-3.24%-8.01%
Cost of Revenue887.96M1.19B1.12B992.06M1.30B1.68B2.00B2.09B2.92B3.62B2.13B2.69B3.06B2.83B2.66B3.10B3.28B4.09B6.28B6.65B6.86B6.48B8.28B11.72B10.33B10.19B10.88B
Gross Profit169.68M198.92M-29.92M80.57M121.95M303.19M443.63M396.48M271.40M69.37M195.13M482.68M559.01M736.96M1.10B1.32B1.19B983.00M1.76B1.99B1.26B1.02B3.50B4.07B2.22B1.96B289.00M
Gross Margin16.04%14.29%-2.75%7.51%8.57%15.27%18.17%15.96%8.50%1.88%8.39%15.22%15.44%20.64%29.30%29.84%26.55%19.37%21.90%23.01%15.52%13.63%29.67%25.79%17.68%16.12%2.59%
Operating Expense54.84M72.81M60.88M66.50M56.14M60.02M76.60M83.23M96.68M98.91M87.87M104.32M112.21M121.61M147.97M193.36M225.00M400.00M536.00M579.00M604.00M594.00M695.00M1.02B1.49B1.08B1.87B
Operating Income114.84M126.11M-90.80M14.07M65.81M243.17M367.03M313.25M174.72M-29.54M107.26M378.36M446.80M615.35M953.46M1.12B960.00M583.00M1.23B1.41B656.00M429.00M2.80B3.05B729.00M875.00M-1.58B
Operating Margin10.86%9.06%-8.35%1.31%4.62%12.25%15.04%12.61%5.47%-0.80%4.61%11.93%12.34%17.23%25.36%25.46%21.51%11.49%15.23%16.31%8.08%5.72%23.77%19.31%5.81%7.21%-14.13%
EBITDA201.30M204.87M-29.92M102.09M154.00M326.34M449.73M400.36M280.89M87.86M236.91M511.57M583.82M772.76M1.12B1.33B1.24B1.01B1.84B2.10B1.41B1.25B3.69B4.18B1.96B2.21B-199.00M
EBITDA Margin19.03%14.71%-2.75%9.52%10.82%16.44%18.42%16.12%8.80%2.38%10.19%16.13%16.13%21.64%29.74%30.12%27.87%20.00%22.90%24.33%17.33%16.60%31.36%26.46%15.64%18.21%-1.78%
Net Income37.80M55.00M-71.99M-7.06M14.76M120.72M226.82M194.56M114.73M-29.54M52.99M221.39M258.97M385.56M610.42M678.52M646.00M399.00M1.30B996.00M421.00M330.00M2.02B2.25B479.00M602.00M-1.51B
Net Income Margin3.57%3.95%-6.62%-0.66%1.04%6.08%9.29%7.83%3.59%-0.80%2.28%6.98%7.15%10.80%16.24%15.37%14.47%7.86%16.22%11.53%5.19%4.40%17.11%14.23%3.82%4.96%-13.50%
R&D------------00000000-------
R&D as % of Total Revenue------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense---036.79M39.35M23.72M16.52M18.42M33.96M34.96M39.88M50.99M43.05M18.08M37.35M34.66M79.47M159.00M126.00M124.00M142.00M176.00M177.00M165.00M159.00M161.00M
Interest Expense % of Total Revenue---0.00%2.59%1.98%0.97%0.66%0.58%0.92%1.50%1.26%1.41%1.21%0.48%0.85%0.78%1.57%1.98%1.46%1.53%1.89%1.49%1.12%1.31%1.31%1.44%

Balance Sheet

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.34B1.37B-1.31B1.37B1.59B1.83B2.08B2.57B2.29B2.45B2.95B3.27B3.41B4.06B5.21B5.58B10.89B12.08B11.60B13.26B13.84B18.46B20.55B21.04B20.75B19.96B
Total Liabilities---858.63M902.41M823.06M833.08M908.56M1.28B1.05B1.16B1.45B1.51B1.54B1.64B2.01B2.01B7.00B6.71B5.53B6.86B7.26B9.93B10.09B10.27B9.71B10.67B
Total Equity433.02M504.20M-428.52M445.60M769.40M994.11M1.17B1.29B1.24B1.28B1.51B1.76B1.87B2.42B3.20B3.56B3.52B4.87B5.59B6.40B6.58B7.96B10.46B10.24B10.53B8.79B
Cash8.62M11.53M-11.12M37.38M43.40M237.90M52.65M24.91M90.24M245.59M630.30M825.90M790.08M461.30M880.60M662.52M459.45M1.53B753.00M728.00M1.31B1.91B2.23B3.30B2.92B2.72B
Total Debt---533.35M537.29M298.09M266.89M260.16M511.41M510.32M515.40M764.48M764.56M763.76M763.88M764.00M999.44M3.83B3.84B2.67B3.56B3.57B5.64B5.00B5.52B5.28B6.41B
Net Debt-8.62M-11.53M-522.23M499.91M254.69M28.99M207.51M486.50M420.08M269.81M134.18M-61.34M-26.32M302.58M-116.60M101.59M3.37B2.31B1.92B2.72B2.25B3.73B2.65B2.21B2.36B3.69B

Cash Flow

Currency: USD1999-12-312000-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow132.88M173.38M-21.33M78.09M150.78M318.45M237.18M62.17M186.09M235.52M283.28M362.30M624.05M752.73M1.03B1.08B833.85M1.54B1.41B1.30B1.30B2.39B3.40B2.34B1.31B465.00M
Investing Cash Flow-25.25M-87.69M-38.69M-41.58M-79.96M-87.59M-404.34M-124.81M-171.95M-103.19M-80.28M-202.78M-466.97M-1.00B-773.21M-1.01B-2.56B-652.00M-754.00M-1.95B-509.00M-3.21B-2.48B-1.04B-1.00B-1.22B
Financing Cash Flow-129.52M-83.29M-7.96M-10.25M-64.80M-36.36M-18.10M34.91M51.19M23.02M181.70M36.09M-192.91M-79.27M164.64M-286.81M1.53B160.00M-1.43B630.00M-216.00M1.44B-587.00M-245.00M-650.00M530.00M
Capital Expenditure0043.59M44.93M52.71M85.76M136.26M135.72M172.56M99.77M81.27M176.84M391.19M679.36M431.10M491.43M628.48M577.00M702.00M787.00M525.00M658.00M1.11B1.03B1.01B995.00M
Free Cash Flow132.88M173.38M-64.91M33.16M98.07M232.69M100.93M-73.56M13.53M135.75M202.01M185.45M232.86M73.37M601.27M587.41M205.37M961.00M707.00M514.00M772.00M1.74B2.29B1.30B306.00M-530.00M
Dividends Paid----1.38M6.34M8.80M11.78M13.46M14.51M16.01M18.27M285.52M55.24M77.66M91.55M96.56M103.00M120.00M132.00M137.00M145.00M169.00M221.00M264.00M272.00M
FCF to OCF100.00%100.00%304.38%42.46%65.04%73.07%42.55%-118.33%7.27%57.64%71.31%51.19%37.31%9.75%58.24%54.45%24.63%62.48%50.18%39.51%59.52%72.51%67.36%55.74%23.29%-113.98%
Dividend Paid to FCF----1.41%2.73%8.72%-16.01%99.47%10.69%7.93%9.85%122.61%75.28%12.92%15.59%47.02%10.72%16.97%25.68%17.75%8.35%7.39%16.97%86.27%-51.32%

Earnings

Report DateNov 3, 2004Feb 18, 2005May 4, 2005Aug 3, 2005Nov 3, 2005Feb 21, 2006May 5, 2006Aug 3, 2006Nov 2, 2006Feb 20, 2007May 3, 2007Aug 2, 2007Nov 1, 2007Feb 19, 2008May 1, 2008Aug 5, 2008Nov 6, 2008Feb 18, 2009May 5, 2009Aug 4, 2009Nov 3, 2009Feb 23, 2010May 4, 2010Aug 3, 2010Nov 3, 2010Feb 22, 2011May 3, 2011Aug 2, 2011Nov 1, 2011Feb 21, 2012May 1, 2012Aug 2, 2012Nov 8, 2012Feb 19, 2013May 6, 2013Jul 30, 2013Nov 7, 2013Feb 20, 2014May 5, 2014Aug 5, 2014Nov 4, 2014Feb 24, 2015May 4, 2015Aug 4, 2015Nov 3, 2015Feb 23, 2016May 3, 2016Jul 28, 2016Nov 8, 2016Feb 21, 2017May 2, 2017Aug 3, 2017Nov 7, 2017Feb 20, 2018May 3, 2018Aug 2, 2018Nov 6, 2018Feb 19, 2019May 2, 2019Aug 6, 2019Nov 5, 2019Feb 18, 2020May 4, 2020Aug 6, 2020Nov 3, 2020Feb 23, 2021May 4, 2021Aug 3, 2021Nov 2, 2021Feb 22, 2022May 3, 2022Aug 2, 2022Nov 3, 2022Feb 21, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 20, 2024May 1, 2024Aug 6, 2024Nov 5, 2024Feb 18, 2025May 2, 2025Aug 5, 2025Oct 30, 2025Feb 24, 2026May 5, 2026Aug 4, 2026Oct 29, 2026
EPS Estimate0.210.320.490.400.310.420.520.510.430.180.200.270.400.160.100.180.25-0.02-0.130.060.100.100.150.240.320.370.480.600.490.310.630.700.680.610.620.971.111.121.131.481.571.481.201.211.290.980.930.960.900.800.811.251.471.752.172.502.141.681.260.831.030.870.570.010.460.731.523.543.944.494.776.164.322.282.152.891.970.901.031.942.241.170.690.020.23-1.40-0.241.931.40
EPS Actual0.330.350.480.370.340.540.520.520.480.040.150.290.330.090.060.340.21-0.84-0.040.130.230.100.140.430.480.630.630.610.510.200.660.860.690.710.921.091.271.271.181.261.591.401.101.411.390.840.941.210.860.901.111.211.641.622.242.222.301.020.710.931.250.370.650.110.640.871.874.044.734.985.936.593.151.793.092.332.200.721.372.401.410.41-0.26-0.09-0.29-0.25-0.772.01-
Surprise57.14%9.38%-2.04%-7.50%9.68%28.57%0.00%1.96%11.63%-77.78%-25.00%7.41%-17.50%-43.75%-40.00%88.89%-16.00%-4100.00%69.23%116.67%130.00%0.00%-6.67%79.17%50.00%70.27%31.25%1.67%4.08%-35.48%4.76%22.86%1.47%16.39%48.39%12.37%14.41%13.39%4.42%-14.86%1.27%-5.41%-8.33%16.53%7.75%-14.29%1.08%26.04%-4.44%12.50%37.04%-3.20%11.56%-7.43%3.23%-11.20%7.48%-39.29%-43.65%12.05%21.36%-57.47%14.04%1000.00%39.13%19.18%23.03%14.12%20.05%10.91%24.32%6.98%-27.08%-21.49%43.72%-19.38%11.68%-20.00%33.01%23.71%-37.05%-65.00%-137.68%-550.00%-226.09%82.14%-220.83%4.15%-
TimingPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap8.10B
Enterprise Value12.82B
Trailing P/E0.00
Forward P/E14.99
PEG Ratio1.70
Price / Sales0.72
Price / Book1.01
EPS-9.08
Book Value68.12
Revenue (TTM)11.29B
Gross Profit (TTM)1.15B
EBITDA1.12B
Profit Margin-10.94%
Operating Margin11.22%
Return on Equity-11.91%
Return on Assets0.37%
Shares Outstanding127.80M
Shares Float33.21M
Beta0.63
Dividend Yield3.19%
Dividend Rate2.13
Payout Ratio3.03%

Analyst Ratings

Buy
Based on 14 analystsTarget 92.31
  • Strong Buy
    5
  • Buy
    1
  • Hold
    8

Ownership Breakdown

Institutions
31.59%
Insiders
74.51%
Retail / Other
0.00%

Top Institutional Holders

  • Orbis Allan Gray Ltd
    5.29M4.14%
  • BlackRock Inc
    3.08M2.41%
  • Capital World Investors
    2.84M2.22%
  • T. Rowe Price Associates, Inc.
    2.41M1.88%
  • Dimensional Fund Advisors, Inc.
    2.05M1.61%
  • Vanguard Portfolio Management, LLC
    1.77M1.38%
  • Brandes Investment Partners & Co
    1.57M1.23%
  • Vanguard Capital Management, LLC
    1.46M1.14%
  • The Goldman Sachs Group Inc
    1.39M1.09%
  • State Street Corp
    1.38M1.08%
  • FMR Inc
    1.31M1.03%
  • Citadel Advisors Llc
    1.05M0.83%
  • UBS Asset Mgmt Americas Inc
    981.40K0.77%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    943.98K0.74%

Top Fund Holders

  • American Funds Income Fd of Amer A
    2.46M1.92%
  • Orbis Global Equity Investor
    1.25M0.98%
  • iShares Core S&P Mid-Cap ETF
    1.17M0.91%
  • T. Rowe Price Mid-Cap Value
    1.11M0.87%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.02M0.80%
  • Global X US Infrastructure Dev ETF
    1.02M0.80%

Dividends

20263×
0.53Aug 25, 20260.53May 27, 20260.53Mar 3, 2026
20254×
0.53Nov 25, 20250.53Aug 19, 20250.53May 20, 20250.53Mar 4, 2025
20244×
0.53Nov 26, 20240.53Aug 20, 20240.50May 20, 20240.50Feb 27, 2024
20234×
0.50Nov 20, 20230.50Aug 24, 20230.36May 22, 20230.36Feb 28, 2023
20224×
0.36Nov 23, 20220.36Aug 19, 20220.30May 20, 20220.30Feb 28, 2022
20214×
0.30Nov 22, 20210.30Aug 23, 20210.27May 24, 20210.27Mar 1, 2021
20201×
0.27Nov 23, 2020

Stock Splits

  • Mar 19, 20142:1