Westlake Key Executives

This section highlights Westlake's key executives, including their titles and compensation details.

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Westlake Earnings

This section highlights Westlake's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 07, 2025
Time: Before Market
Est. EPS: $0.93
Status: Unconfirmed

Last Earnings Results

Date: February 24, 2025
EPS: $0.06
Est. EPS: $1.05
Revenue: $2.84B

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q4 2024 2025-02-24 $1.05 $0.06
Read Transcript Q3 2024 2024-11-05 $2.21 $1.41
Read Transcript Q2 2024 2024-08-06 $1.99 $2.40
Read Transcript Q1 2024 2024-05-01 $1.03 $1.34
Read Transcript Q4 2023 2024-02-20 $0.81 $0.72
Read Transcript Q3 2023 2023-11-02 $1.97 $2.20
Read Transcript Q2 2023 2023-08-03 $2.93 $2.31
Read Transcript Q1 2023 2023-05-04 $2.14 $3.05

Westlake Corporation (WLK)

Westlake Corporation manufactures and supplies petrochemicals, polymers, and building products worldwide. It operates through two segments, Performance and Essential Materials; and Housing and Infrastructure Products. The Performance and Essential Materials segment manufactures and markets polyethylene, styrene monomer, ethylene co-products, PVC, VCM, ethylene dichloride chlor-alkali, and chlorinated derivative products. The Housing and Infrastructure Products segment manufactures and sells residential PVC siding; PVC trim and moldings; roofing applications; decorative stone; windows; PVC decking; PVC films for various inflatables, wallcovering, tape, and roofing applications; polymer composite roof tiles; PVC pipe and fittings; PVC compounds; and various consumer and commercial products such as landscape edging; industrial, home and office matting; marine dock edging; and masonry joint controls. The company offers its products to a range of customers, including 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, 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. The company was founded in 1986 and is headquartered in Houston, Texas. Westlake Corporation is a subsidiary of TTWF LP.

Basic Materials Chemicals - Specialty

$100.89

Stock Price

$12.94B

Market Cap

15.54K

Employees

Houston, TX

Location

Financial Statements

Access annual & quarterly financial statements for Westlake, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $12.14B $12.55B $15.79B $11.78B $7.50B
Cost of Revenue $10.19B $10.33B $11.72B $8.28B $6.48B
Gross Profit $1.96B $2.22B $4.07B $3.50B $1.02B
Gross Profit Ratio 16.12% 17.70% 25.79% 29.70% 13.63%
Research and Development Expenses $- $- $- $- $-
General and Administrative Expenses $874.00M $865.00M $794.00M $528.00M $435.00M
Selling and Marketing Expenses $- $- $41.00M $23.00M $14.00M
Selling General and Administrative Expenses $874.00M $865.00M $835.00M $551.00M $449.00M
Other Expenses $208.00M $625.00M $155.00M $123.00M $109.00M
Operating Expenses $1.08B $1.49B $990.00M $674.00M $558.00M
Cost and Expenses $11.27B $11.82B $12.71B $8.96B $7.04B
Interest Income $153.00M $- $24.00M $7.00M $14.00M
Interest Expense $159.00M $165.00M $177.00M $176.00M $142.00M
Depreciation and Amortization $1.11B $1.10B $1.06B $840.00M $773.00M
EBITDA $2.21B $1.96B $4.18B $3.69B $1.25B
EBITDA Ratio 18.21% 15.64% 26.67% 31.53% 17.08%
Operating Income $875.00M $729.00M $3.05B $2.80B $429.00M
Operating Income Ratio 7.21% 5.81% 19.31% 23.77% 5.72%
Total Other Income Expenses Net $63.00M $-29.00M $-104.00M $-123.00M $-98.00M
Income Before Tax $938.00M $700.00M $2.95B $2.68B $331.00M
Income Before Tax Ratio 7.73% 5.58% 18.65% 22.73% 4.41%
Income Tax Expense $291.00M $178.00M $649.00M $607.00M $-42.00M
Net Income $602.00M $479.00M $2.25B $2.02B $330.00M
Net Income Ratio 4.96% 3.82% 14.23% 17.11% 4.40%
EPS $4.68 $3.72 $17.47 $15.66 $2.57
EPS Diluted $4.66 $3.70 $17.35 $15.58 $2.57
Weighted Average Shares Outstanding 128.54M 127.81M 127.97M 128.00M 127.85M
Weighted Average Shares Outstanding Diluted 129.21M 128.60M 128.85M 128.70M 128.09M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $2.84B $3.12B $3.21B $2.98B $2.83B $3.12B $3.25B $3.36B $3.30B $3.96B $4.48B $4.06B $3.51B $3.06B $2.86B $2.36B $1.97B $1.90B $1.71B $1.93B
Cost of Revenue $2.52B $2.62B $2.57B $2.54B $2.66B $2.53B $2.61B $2.56B $2.73B $3.18B $3.04B $2.77B $2.41B $2.04B $1.99B $1.85B $1.64B $1.65B $1.54B $1.65B
Gross Profit $328.00M $499.00M $634.00M $436.00M $169.00M $586.00M $642.00M $792.00M $567.00M $776.00M $1.45B $1.28B $1.10B $1.02B $872.00M $509.00M $323.00M $248.00M $169.00M $283.00M
Gross Profit Ratio 11.54% 16.00% 19.80% 14.70% 6.00% 18.80% 19.70% 23.60% 17.20% 19.60% 32.20% 31.70% 31.30% 33.30% 30.50% 21.60% 16.44% 13.07% 9.89% 14.65%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $- $- $- $- $224.00M $206.00M $213.00M $222.00M $174.00M $- $- $- $- $- $- $- $117.00M $- $104.00M $120.00M
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $26.00M $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $226.00M $215.00M $224.00M $209.00M $224.00M $206.00M $213.00M $222.00M $200.00M $215.00M $220.00M $200.00M $168.00M $122.00M $125.00M $136.00M $117.00M $108.00M $104.00M $120.00M
Other Expenses $36.00M $- $10.00M $10.00M $126.00M $56.00M $23.00M $31.00M $31.00M $39.00M $17.00M $42.00M $18.00M $13.00M $10.00M $12.00M $12.00M $12.00M $9.00M $11.00M
Operating Expenses $262.00M $215.00M $224.00M $209.00M $224.00M $237.00M $243.00M $253.00M $231.00M $254.00M $263.00M $242.00M $208.00M $151.00M $152.00M $163.00M $145.00M $135.00M $131.00M $147.00M
Cost and Expenses $2.78B $2.83B $2.80B $2.75B $2.88B $2.77B $2.85B $2.82B $2.96B $3.43B $3.30B $3.01B $2.62B $2.19B $2.14B $2.01B $1.79B $1.78B $1.67B $1.80B
Interest Income $35.00M $39.00M $39.00M $40.00M $- $28.00M $20.00M $18.00M $24.00M $6.00M $- $- $7.00M $- $- $- $14.00M $- $- $-
Interest Expense $39.00M $39.00M $41.00M $40.00M $41.00M $40.00M $42.00M $42.00M $43.00M $44.00M $44.00M $46.00M $46.00M $61.00M $36.00M $33.00M $34.00M $37.00M $40.00M $31.00M
Depreciation and Amortization $- $281.00M $279.00M $273.00M $282.00M $277.00M $271.00M $267.00M $271.00M $264.00M $264.00M $257.00M $240.00M $203.00M $202.00M $195.00M $196.00M $196.00M $191.00M $190.00M
EBITDA $66.00M $505.00M $689.00M $500.00M $-235.00M $682.00M $670.00M $806.00M $619.00M $796.00M $1.45B $1.30B $1.13B $1.07B $932.00M $553.00M $386.00M $309.00M $229.00M $337.00M
EBITDA Ratio 2.32% 16.20% 21.48% 16.81% 8.03% 21.89% 21.32% 24.67% 11.76% 20.48% 32.63% 32.32% 32.68% 29.75% 32.60% 23.46% 19.64% 8.01% 13.93% 17.44%
Operating Income $66.00M $180.00M $410.00M $227.00M $-55.00M $349.00M $396.00M $536.00M $327.00M $516.00M $1.18B $1.03B $873.00M $861.00M $720.00M $346.00M $178.00M $79.00M $36.00M $136.00M
Operating Income Ratio 2.32% 5.77% 12.78% 7.63% -1.95% 11.20% 12.18% 15.97% 9.91% 13.04% 26.21% 25.44% 24.89% 28.18% 25.18% 14.68% 9.06% 4.16% 2.11% 7.04%
Total Other Income Expenses Net $30.00M $5.00M $18.00M $10.00M $-6.00M $16.00M $-19.00M $-20.00M $-22.00M $-20.00M $-27.00M $-35.00M $-28.00M $-48.00M $-26.00M $-21.00M $-22.00M $-25.00M $-31.00M $-20.00M
Income Before Tax $96.00M $185.00M $424.00M $233.00M $-558.00M $365.00M $377.00M $516.00M $305.00M $496.00M $1.15B $997.00M $845.00M $813.00M $694.00M $325.00M $156.00M $54.00M $5.00M $116.00M
Income Before Tax Ratio 3.38% 5.94% 13.22% 7.83% -19.75% 11.72% 11.60% 15.38% 9.25% 12.54% 25.61% 24.58% 24.09% 26.61% 24.27% 13.79% 7.94% 2.85% 0.29% 6.00%
Income Tax Expense $77.00M $65.00M $101.00M $48.00M $-71.00M $70.00M $70.00M $109.00M $57.00M $84.00M $275.00M $233.00M $184.00M $193.00M $158.00M $72.00M $33.00M $-15.00M $-19.00M $-41.00M
Net Income $7.00M $108.00M $313.00M $174.00M $-497.00M $285.00M $297.00M $394.00M $232.00M $399.00M $858.00M $752.00M $641.00M $604.00M $520.00M $241.00M $113.00M $57.00M $14.00M $145.00M
Net Income Ratio 0.25% 3.46% 9.76% 5.85% -17.59% 9.15% 9.14% 11.74% 7.03% 10.09% 19.14% 18.54% 18.28% 19.77% 18.19% 10.22% 5.75% 3.00% 0.82% 7.51%
EPS $0.05 $0.83 $2.42 $1.35 $-3.88 $2.21 $2.32 $3.07 $1.82 $3.12 $6.65 $5.87 $5.01 $4.71 $4.06 $1.88 $0.87 $0.45 $0.11 $1.13
EPS Diluted $0.05 $0.83 $2.40 $1.34 $-3.88 $2.20 $2.30 $3.05 $1.81 $3.10 $6.60 $5.83 $4.98 $4.69 $4.04 $1.87 $0.87 $0.45 $0.11 $1.13
Weighted Average Shares Outstanding 128.56M 128.64M 128.58M 128.36M 128.17M 127.85M 127.65M 127.55M 127.53M 127.94M 128.34M 128.07M 127.85M 128.06M 128.14M 127.96M 129.89M 127.70M 127.68M 128.24M
Weighted Average Shares Outstanding Diluted 129.12M 129.34M 129.35M 129.02M 128.17M 128.58M 128.48M 128.46M 128.38M 128.75M 129.34M 128.93M 128.67M 128.77M 128.88M 128.48M 129.89M 127.95M 127.82M 128.44M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $2.92B $3.30B $2.23B $1.91B $1.31B
Short Term Investments $- $- $- $- $-
Cash and Short Term Investments $2.92B $3.30B $2.23B $1.91B $1.31B
Net Receivables $1.48B $1.60B $1.80B $1.87B $1.21B
Inventory $1.70B $1.62B $1.87B $1.41B $918.00M
Other Current Assets $115.00M $82.00M $78.00M $160.00M $64.00M
Total Current Assets $6.21B $6.61B $5.97B $5.26B $3.48B
Property Plant Equipment Net $9.43B $9.22B $8.53B $7.61B $6.92B
Goodwill $2.03B $2.04B $2.16B $2.02B $1.08B
Intangible Assets $462.00M $1.40B $1.56B $1.58B $612.00M
Goodwill and Intangible Assets $2.49B $3.44B $3.73B $3.60B $1.70B
Long Term Investments $1.08B $1.11B $1.14B $1.01B $1.06B
Tax Assets $- $- $1.74B $-4.61B $-2.75B
Other Non-Current Assets $1.53B $651.00M $-551.00M $5.59B $3.44B
Total Non-Current Assets $14.54B $14.43B $14.58B $13.20B $10.36B
Other Assets $- $- $- $- $-
Total Assets $20.75B $21.04B $20.55B $18.46B $13.84B
Account Payables $851.00M $849.00M $889.00M $879.00M $529.00M
Short Term Debt $6.00M $299.00M $- $269.00M $-
Tax Payables $- $- $169.00M $88.00M $-
Deferred Revenue $- $- $1.74B $- $-
Other Current Liabilities $1.36B $1.64B $1.24B $1.11B $828.00M
Total Current Liabilities $2.22B $2.79B $2.30B $2.34B $1.36B
Long Term Debt $713.00M $5.22B $5.38B $5.37B $3.94B
Deferred Revenue Non-Current $- $- $- $-1.68B $-1.37B
Deferred Tax Liabilities Non-Current $1.55B $1.56B $1.74B $1.68B $1.37B
Other Non-Current Liabilities $5.22B $703.00M $669.00M $534.00M $590.00M
Total Non-Current Liabilities $7.49B $7.48B $7.79B $7.59B $5.90B
Other Liabilities $- $- $- $- $-
Total Liabilities $9.71B $10.27B $10.09B $9.93B $7.26B
Preferred Stock $- $- $- $- $-
Common Stock $1.00M $1.00M $1.00M $1.00M $1.00M
Retained Earnings $10.48B $10.14B $9.88B $7.81B $5.94B
Accumulated Other Comprehensive Income Loss $-144.00M $-98.00M $-89.00M $-36.00M $-64.00M
Other Total Stockholders Equity $189.00M $195.00M $134.00M $182.00M $168.00M
Total Stockholders Equity $10.53B $10.24B $9.93B $7.96B $6.04B
Total Equity $11.04B $10.76B $10.46B $8.53B $6.58B
Total Liabilities and Stockholders Equity $20.75B $21.04B $20.55B $18.46B $13.84B
Minority Interest $516.00M $523.00M $534.00M $573.00M $535.00M
Total Liabilities and Total Equity $20.75B $21.04B $20.55B $18.46B $13.84B
Total Investments $1.08B $1.11B $1.14B $1.01B $1.06B
Total Debt $719.00M $5.52B $4.88B $5.18B $3.57B
Net Debt $-2.20B $2.21B $2.65B $3.27B $2.25B


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $2.92B $2.92B $3.04B $3.11B $3.30B $3.06B $2.68B $2.41B $2.23B $1.78B $1.32B $1.05B $1.91B $3.57B $1.84B $1.39B $1.31B $1.22B $1.11B $1.54B
Short Term Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $1.06B $- $- $-
Cash and Short Term Investments $2.92B $2.92B $3.04B $3.11B $3.30B $3.06B $2.68B $2.41B $2.23B $1.78B $1.32B $1.05B $1.91B $3.57B $1.84B $1.39B $1.31B $1.22B $1.11B $1.54B
Net Receivables $1.48B $1.75B $1.81B $1.69B $1.60B $1.94B $1.85B $1.83B $1.80B $2.18B $2.54B $2.35B $1.87B $1.64B $1.55B $1.33B $1.21B $1.29B $1.16B $1.26B
Inventory $1.70B $1.75B $1.68B $1.66B $1.62B $1.67B $1.67B $1.84B $1.87B $2.02B $2.02B $1.88B $1.41B $1.12B $965.00M $955.00M $918.00M $829.00M $845.00M $934.00M
Other Current Assets $115.00M $133.00M $71.00M $66.00M $82.00M $89.00M $93.00M $55.00M $78.00M $236.00M $280.00M $228.00M $160.00M $196.00M $174.00M $118.00M $64.00M $84.00M $102.00M $64.00M
Total Current Assets $6.21B $6.55B $6.61B $6.53B $6.61B $6.76B $6.30B $6.15B $5.97B $6.10B $6.01B $5.41B $5.26B $6.43B $4.45B $3.73B $3.48B $3.38B $3.17B $3.77B
Property Plant Equipment Net $8.63B $9.42B $9.32B $9.23B $8.52B $8.57B $8.55B $8.52B $8.53B $8.88B $8.91B $8.28B $7.61B $6.99B $7.37B $6.92B $6.92B $6.85B $7.35B $6.88B
Goodwill $2.03B $2.04B $2.04B $2.04B $2.04B $2.16B $2.17B $2.17B $2.16B $2.14B $2.14B $2.14B $2.02B $1.25B $1.08B $1.08B $1.08B $1.07B $1.07B $1.06B
Intangible Assets $1.28B $469.00M $1.34B $1.37B $1.40B $538.00M $1.51B $565.00M $1.56B $1.57B $1.64B $1.69B $1.58B $668.00M $553.00M $579.00M $612.00M $632.00M $653.00M $677.00M
Goodwill and Intangible Assets $3.31B $2.51B $3.37B $3.41B $3.44B $2.70B $3.67B $2.73B $3.73B $3.72B $3.78B $3.83B $3.60B $1.92B $1.64B $1.66B $1.70B $1.71B $1.72B $1.74B
Long Term Investments $- $1.10B $1.10B $1.12B $1.11B $1.12B $1.12B $1.13B $1.14B $1.15B $1.14B $1.10B $1.01B $1.01B $1.01B $1.03B $1.06B $1.05B $1.05B $1.06B
Tax Assets $- $1.51B $1.51B $1.54B $-4.56B $1.68B $1.69B $1.72B $- $1.80B $1.84B $1.81B $-4.61B $1.45B $1.40B $1.39B $-2.75B $1.40B $1.35B $1.39B
Other Non-Current Assets $2.59B $18.00M $-835.00M $-866.00M $5.91B $573.00M $-351.00M $563.00M $1.18B $-1.23B $-1.32B $-692.00M $5.59B $-695.00M $-1.14B $-680.00M $3.44B $-696.00M $-1.09B $-681.00M
Total Non-Current Assets $14.54B $14.56B $14.47B $14.43B $14.43B $14.64B $14.69B $14.66B $14.58B $14.32B $14.36B $14.34B $13.20B $10.67B $10.27B $10.32B $10.36B $10.31B $10.39B $10.39B
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $20.75B $21.11B $21.08B $20.96B $21.04B $21.40B $20.98B $20.81B $20.55B $20.43B $20.37B $19.74B $18.46B $17.11B $14.72B $14.05B $13.84B $13.69B $13.55B $14.16B
Account Payables $806.00M $883.00M $872.00M $891.00M $877.00M $811.00M $802.00M $828.00M $889.00M $994.00M $1.14B $1.02B $879.00M $718.00M $630.00M $569.00M $529.00M $446.00M $444.00M $431.00M
Short Term Debt $6.00M $- $517.00M $300.00M $299.00M $299.00M $113.00M $114.00M $- $6.00M $10.00M $264.00M $269.00M $268.00M $215.00M $212.00M $- $- $- $-
Tax Payables $- $- $- $- $- $- $172.00M $237.00M $169.00M $141.00M $- $- $88.00M $- $- $- $- $- $- $-
Deferred Revenue $- $- $-1.35B $- $-1.49B $- $14.00M $- $1.74B $1.80B $35.00M $- $1.68B $- $- $- $1.37B $-1.00M $-3.00M $-
Other Current Liabilities $1.41B $1.47B $1.15B $1.46B $1.61B $1.55B $1.04B $980.00M $1.24B $1.32B $1.36B $1.27B $1.11B $912.00M $640.00M $545.00M $828.00M $772.00M $665.00M $593.00M
Total Current Liabilities $2.22B $2.35B $2.54B $2.65B $2.79B $2.66B $2.13B $2.16B $2.30B $2.46B $2.51B $2.55B $2.34B $1.90B $1.49B $1.33B $1.36B $1.22B $1.11B $1.02B
Long Term Debt $- $5.35B $5.27B $5.21B $5.22B $5.12B $5.43B $5.42B $5.38B $5.29B $5.35B $5.42B $5.37B $5.32B $3.92B $3.93B $3.94B $4.05B $4.12B $4.78B
Deferred Revenue Non-Current $- $- $689.00M $-1.90B $-1.56B $-1.68B $-1.69B $- $- $- $417.00M $- $-1.68B $-1.45B $373.00M $-1.39B $-1.37B $-1.40B $350.00M $-1.39B
Deferred Tax Liabilities Non-Current $- $1.51B $1.51B $1.54B $1.56B $1.68B $1.69B $1.72B $1.74B $1.80B $1.84B $1.81B $1.68B $1.45B $1.40B $1.39B $1.37B $1.40B $1.35B $1.39B
Other Non-Current Liabilities $9.70B $712.00M $663.00M $696.00M $703.00M $656.00M $651.00M $680.00M $669.00M $686.00M $690.00M $708.00M $534.00M $575.00M $575.00M $584.00M $590.00M $531.00M $538.00M $537.00M
Total Non-Current Liabilities $9.70B $7.57B $7.45B $7.45B $7.48B $7.45B $7.77B $7.82B $7.79B $7.78B $7.88B $7.94B $7.59B $7.34B $5.89B $5.90B $5.90B $5.99B $6.01B $6.70B
Other Liabilities $-2.21B $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $9.71B $9.92B $9.99B $10.11B $10.27B $10.11B $9.90B $9.98B $10.09B $10.24B $10.40B $10.49B $9.93B $9.24B $7.38B $7.22B $7.26B $7.21B $7.12B $7.72B
Preferred Stock $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock $- $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M
Retained Earnings $- $10.54B $10.50B $10.25B $10.14B $10.71B $10.48B $10.23B $9.88B $9.70B $9.35B $8.53B $7.81B $7.20B $6.63B $6.14B $5.94B $5.86B $5.84B $5.86B
Accumulated Other Comprehensive Income Loss $- $-117.00M $-149.00M $-132.00M $-98.00M $-131.00M $-79.00M $-67.00M $-89.00M $-231.00M $-116.00M $-45.00M $-36.00M $-75.00M $-56.00M $-70.00M $-64.00M $-69.00M $-87.00M $-106.00M
Other Total Stockholders Equity $10.53B $237.00M $222.00M $210.00M $195.00M $179.00M $138.00M $125.00M $134.00M $151.00M $174.00M $200.00M $182.00M $170.00M $193.00M $185.00M $168.00M $154.00M $147.00M $138.00M
Total Stockholders Equity $10.53B $10.66B $10.57B $10.33B $10.24B $10.75B $10.54B $10.29B $9.93B $9.62B $9.40B $8.68B $7.96B $7.30B $6.77B $6.26B $6.04B $5.95B $5.90B $5.89B
Total Equity $11.04B $11.19B $11.09B $10.85B $10.76B $11.29B $11.08B $10.83B $10.46B $10.19B $9.97B $9.25B $8.53B $7.87B $7.34B $6.83B $6.58B $6.49B $6.44B $6.44B
Total Liabilities and Stockholders Equity $20.75B $21.11B $21.08B $20.96B $21.04B $21.40B $20.98B $20.81B $20.55B $20.43B $20.37B $19.74B $18.46B $17.11B $14.72B $14.05B $13.84B $13.69B $13.55B $14.16B
Minority Interest $516.00M $524.00M $520.00M $522.00M $523.00M $531.00M $533.00M $537.00M $534.00M $567.00M $570.00M $571.00M $573.00M $571.00M $568.00M $564.00M $535.00M $539.00M $536.00M $545.00M
Total Liabilities and Total Equity $20.75B $21.11B $21.08B $20.96B $21.04B $21.40B $20.98B $20.81B $20.55B $20.43B $20.37B $19.74B $18.46B $17.11B $14.72B $14.05B $13.84B $13.69B $13.55B $14.16B
Total Investments $1.08B $1.10B $1.10B $1.12B $1.11B $1.12B $1.12B $1.13B $1.14B $1.15B $1.14B $1.10B $1.01B $1.01B $1.01B $1.03B $2.12B $1.05B $1.05B $1.06B
Total Debt $6.00M $5.35B $5.71B $5.52B $4.91B $4.87B $4.89B $4.89B $4.88B $5.29B $5.36B $5.17B $5.18B $5.20B $3.96B $3.55B $3.57B $3.68B $4.12B $4.43B
Net Debt $-2.91B $2.43B $2.67B $2.41B $1.60B $1.82B $2.22B $2.48B $2.65B $3.52B $4.04B $4.11B $3.27B $1.63B $2.12B $2.15B $2.25B $2.46B $3.01B $2.90B

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $647.00M $522.00M $2.30B $2.07B $373.00M
Depreciation and Amortization $1.11B $1.10B $1.06B $840.00M $773.00M
Deferred Income Tax $-35.00M $-175.00M $-21.00M $23.00M $146.00M
Stock Based Compensation $41.00M $43.00M $36.00M $31.00M $29.00M
Change in Working Capital $-469.00M $332.00M $-24.00M $-614.00M $-78.00M
Accounts Receivables $- $225.00M $325.00M $-528.00M $-161.00M
Inventory $- $250.00M $-140.00M $-309.00M $29.00M
Accounts Payables $-20.00M $-26.00M $-153.00M $242.00M $67.00M
Other Working Capital $-449.00M $-117.00M $-56.00M $-19.00M $-13.00M
Other Non Cash Items $16.00M $517.00M $51.00M $44.00M $54.00M
Net Cash Provided by Operating Activities $1.31B $2.34B $3.40B $2.39B $1.30B
Investments in Property Plant and Equipment $-1.01B $-1.03B $-1.11B $-658.00M $-525.00M
Acquisitions Net $- $-25.00M $-1.38B $-2.58B $26.00M
Purchases of Investments $- $- $-180.00M $-24.00M $-18.00M
Sales Maturities of Investments $- $- $180.00M $24.00M $44.00M
Other Investing Activities $7.00M $22.00M $12.00M $23.00M $-36.00M
Net Cash Used for Investing Activities $-1.00B $-1.04B $-2.48B $-3.21B $-509.00M
Debt Repayment $-300.00M $- $-250.00M $1.67B $28.00M
Common Stock Issued $- $- $- $- $-
Common Stock Repurchased $-60.00M $-23.00M $-101.00M $-30.00M $-54.00M
Dividends Paid $-264.00M $-221.00M $-169.00M $-145.00M $-137.00M
Other Financing Activities $-26.00M $-1.00M $-67.00M $-59.00M $-53.00M
Net Cash Used Provided by Financing Activities $-650.00M $-245.00M $-587.00M $1.44B $-216.00M
Effect of Forex Changes on Cash $-47.00M $19.00M $-24.00M $-14.00M $15.00M
Net Change in Cash $-384.00M $1.07B $305.00M $604.00M $587.00M
Cash at End of Period $2.94B $3.32B $2.25B $1.94B $1.34B
Cash at Beginning of Period $3.32B $2.25B $1.94B $1.34B $750.00M
Operating Cash Flow $1.31B $2.34B $3.40B $2.39B $1.30B
Capital Expenditure $-1.01B $-1.03B $-1.11B $-658.00M $-525.00M
Free Cash Flow $306.00M $1.30B $2.29B $1.74B $772.00M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $19.00M $120.00M $311.00M $173.00M $-497.00M $295.00M $307.00M $407.00M $248.00M $412.00M $873.00M $764.00M $661.00M $620.00M $536.00M $253.00M $123.00M $69.00M $24.00M $157.00M
Depreciation and Amortization $281.00M $281.00M $279.00M $273.00M $282.00M $277.00M $271.00M $267.00M $271.00M $264.00M $264.00M $257.00M $240.00M $203.00M $202.00M $195.00M $196.00M $196.00M $191.00M $190.00M
Deferred Income Tax $23.00M $- $-36.00M $-22.00M $-108.00M $-16.00M $-35.00M $-16.00M $-65.00M $-37.00M $39.00M $42.00M $-27.00M $26.00M $14.00M $10.00M $-8.00M $58.00M $-30.00M $126.00M
Stock Based Compensation $10.00M $11.00M $11.00M $9.00M $12.00M $10.00M $12.00M $9.00M $10.00M $9.00M $9.00M $8.00M $8.00M $7.00M $8.00M $8.00M $8.00M $7.00M $8.00M $6.00M
Change in Working Capital $105.00M $46.00M $-342.00M $-278.00M $369.00M $119.00M $1.00M $-157.00M $380.00M $274.00M $-300.00M $-378.00M $-134.00M $-107.00M $-165.00M $-208.00M $107.00M $-10.00M $246.00M $-421.00M
Accounts Receivables $238.00M $- $-127.00M $-97.00M $355.00M $-96.00M $-19.00M $-15.00M $425.00M $316.00M $-222.00M $-194.00M $-114.00M $-69.00M $-225.00M $-120.00M $90.00M $-123.00M $112.00M $-240.00M
Inventory $27.00M $- $-27.00M $-47.00M $56.00M $-11.00M $171.00M $34.00M $198.00M $-39.00M $-163.00M $-136.00M $-129.00M $-125.00M $-13.00M $-42.00M $-79.00M $21.00M $95.00M $-8.00M
Accounts Payables $- $- $-10.00M $63.00M $2.00M $15.00M $-23.00M $-20.00M $-155.00M $-110.00M $116.00M $-4.00M $58.00M $52.00M $57.00M $75.00M $50.00M $9.00M $10.00M $-2.00M
Other Working Capital $-160.00M $46.00M $-178.00M $-197.00M $-44.00M $211.00M $-128.00M $1.00M $-88.00M $107.00M $-79.00M $-44.00M $51.00M $35.00M $16.00M $-121.00M $46.00M $83.00M $29.00M $-171.00M
Other Non Cash Items $-4.00M $16.00M $747.00M $650.00M $515.00M $108.00M $-1.00M $2.00M $-9.00M $25.00M $19.00M $7.00M $9.00M $6.00M $22.00M $7.00M $5.00M $37.00M $9.00M $3.00M
Net Cash Provided by Operating Activities $434.00M $474.00M $237.00M $169.00M $573.00M $696.00M $555.00M $512.00M $835.00M $947.00M $913.00M $700.00M $757.00M $755.00M $617.00M $265.00M $431.00M $357.00M $448.00M $61.00M
Investments in Property Plant and Equipment $-285.00M $-220.00M $-231.00M $-272.00M $-282.00M $-245.00M $-240.00M $-267.00M $-297.00M $-318.00M $-230.00M $-263.00M $-244.00M $-144.00M $-129.00M $-141.00M $-122.00M $-112.00M $-127.00M $-164.00M
Acquisitions Net $-2.00M $- $- $-1.00M $-7.00M $-16.00M $-1.00M $-1.00M $-35.00M $-29.00M $-69.00M $-1.25B $-2.13B $-438.00M $-2.00M $-7.00M $-18.00M $5.00M $- $39.00M
Purchases of Investments $- $-23.00M $- $-1.00M $-7.00M $-16.00M $-1.00M $-1.00M $-3.00M $-21.00M $-60.00M $-96.00M $-5.00M $-10.00M $-2.00M $-7.00M $- $- $- $-
Sales Maturities of Investments $- $- $- $- $7.00M $16.00M $1.00M $1.00M $3.00M $21.00M $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $22.00M $2.00M $8.00M $1.00M $2.00M $10.00M $5.00M $5.00M $1.00M $2.00M $3.00M $6.00M $4.00M $4.00M $2.00M $13.00M $-3.00M $1.00M $-1.00M $-7.00M
Net Cash Used for Investing Activities $-265.00M $-241.00M $-223.00M $-272.00M $-287.00M $-251.00M $-236.00M $-263.00M $-331.00M $-345.00M $-296.00M $-1.51B $-2.37B $-578.00M $-129.00M $-135.00M $-143.00M $-106.00M $-128.00M $-132.00M
Debt Repayment $- $-300.00M $- $- $- $- $- $- $- $- $-247.00M $-3.00M $6.00M $1.67B $- $4.00M $-154.00M $-103.00M $-688.00M $979.00M
Common Stock Issued $- $5.00M $1.00M $7.00M $5.00M $- $- $- $- $- $- $- $- $- $- $- $-54.00M $- $- $-
Common Stock Repurchased $-60.00M $- $- $- $- $- $-1.00M $-22.00M $-33.00M $-37.00M $-31.00M $- $- $-30.00M $- $- $54.00M $- $- $-54.00M
Dividends Paid $-67.00M $-67.00M $-65.00M $-65.00M $-65.00M $-64.00M $-45.00M $-47.00M $-46.00M $-46.00M $-38.00M $-39.00M $-38.00M $-38.00M $-34.00M $-35.00M $-35.00M $-34.00M $-34.00M $-34.00M
Other Financing Activities $-6.00M $-9.00M $-7.00M $-9.00M $-5.00M $-19.00M $-10.00M $-6.00M $-28.00M $-20.00M $-14.00M $-5.00M $-18.00M $-41.00M $-4.00M $-3.00M $-13.00M $-8.00M $-30.00M $-8.00M
Net Cash Used Provided by Financing Activities $-133.00M $-371.00M $-72.00M $-74.00M $-70.00M $-44.00M $-56.00M $-75.00M $-107.00M $-103.00M $-330.00M $-47.00M $-50.00M $1.56B $-38.00M $-34.00M $-202.00M $-145.00M $-752.00M $883.00M
Effect of Forex Changes on Cash $-32.00M $11.00M $-8.00M $-18.00M $31.00M $-21.00M $292.00M $9.00M $43.00M $-37.00M $-27.00M $-3.00M $-5.00M $-5.00M $-1.00M $-3.00M $11.00M $4.00M $3.00M $-3.00M
Net Change in Cash $4.00M $-127.00M $-66.00M $-196.00M $247.00M $380.00M $263.00M $183.00M $440.00M $462.00M $260.00M $-857.00M $-1.67B $1.73B $449.00M $93.00M $97.00M $110.00M $-429.00M $809.00M
Cash at End of Period $2.94B $2.93B $3.04B $3.11B $3.30B $3.07B $2.69B $2.43B $2.25B $1.81B $1.34B $1.08B $1.94B $3.61B $1.88B $1.43B $1.34B $1.24B $1.13B $1.56B
Cash at Beginning of Period $2.93B $3.06B $3.11B $3.30B $3.06B $2.69B $2.43B $2.25B $1.81B $1.34B $1.08B $1.94B $3.61B $1.88B $1.43B $1.34B $1.24B $1.13B $1.56B $750.00M
Operating Cash Flow $434.00M $474.00M $237.00M $169.00M $573.00M $696.00M $555.00M $512.00M $835.00M $947.00M $913.00M $700.00M $757.00M $755.00M $617.00M $265.00M $431.00M $357.00M $448.00M $61.00M
Capital Expenditure $-285.00M $-220.00M $-231.00M $-272.00M $-282.00M $-245.00M $-240.00M $-267.00M $-297.00M $-318.00M $-230.00M $-263.00M $-244.00M $-144.00M $-129.00M $-141.00M $-122.00M $-112.00M $-127.00M $-164.00M
Free Cash Flow $149.00M $254.00M $6.00M $-103.00M $291.00M $451.00M $315.00M $245.00M $538.00M $629.00M $683.00M $437.00M $513.00M $611.00M $488.00M $124.00M $309.00M $245.00M $321.00M $-103.00M

Westlake Dividends

Explore Westlake's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

1.79%

Dividend Payout Ratio

43.85%

Dividend Paid & Capex Coverage Ratio

1.03x

Westlake Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.525 $0.525 March 04, 2025 March 04, 2025 March 19, 2025 February 21, 2025
$0.525 $0.525 November 26, 2024 November 26, 2024 December 12, 2024 November 15, 2024
$0.525 $0.525 August 20, 2024 August 20, 2024 September 05, 2024 August 09, 2024
$0.5 $0.5 May 20, 2024 May 21, 2024 June 06, 2024
$0.5 $0.5 February 27, 2024 February 28, 2024 March 14, 2024 February 16, 2024
$0.5 $0.5 November 20, 2023 November 21, 2023 December 06, 2023 November 10, 2023
$0.5 $0.5 August 24, 2023 August 25, 2023 September 12, 2023 August 14, 2023
$0.357 $0.357 May 22, 2023 May 23, 2023 June 08, 2023 May 12, 2023
$0.357 $0.357 February 28, 2023 March 01, 2023 March 16, 2023 February 17, 2023
$0.357 $0.357 November 23, 2022 November 25, 2022 December 09, 2022 November 11, 2022
$0.357 $0.357 August 19, 2022 August 22, 2022 September 06, 2022 August 12, 2022
$0.298 $0.2975 May 20, 2022 May 23, 2022 June 07, 2022 May 13, 2022
$0.298 $0.2975 February 28, 2022 March 01, 2022 March 15, 2022 February 18, 2022
$0.298 $0.2975 November 22, 2021 November 23, 2021 December 08, 2021 November 12, 2021
$0.298 $0.2975 August 23, 2021 August 24, 2021 September 08, 2021 August 13, 2021
$0.27 $0.27 May 24, 2021 May 25, 2021 June 09, 2021 May 14, 2021
$0.27 $0.27 March 01, 2021 March 02, 2021 March 16, 2021 February 19, 2021
$0.27 $0.27 November 23, 2020 November 24, 2020 December 09, 2020 November 13, 2020
$0.27 $0.27 August 24, 2020 August 25, 2020 September 09, 2020 August 14, 2020
$0.2625 $0.2625 May 22, 2020 May 26, 2020 June 09, 2020 May 15, 2020

Westlake News

Read the latest news about Westlake, including recent articles, headlines, and updates.

New Mid-America® Gable Vents From Westlake Royal Building Products™ Combine Architectural Style With Easy Installation

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE: WLK), is introducing four new gable vents to its Mid-America® line of exterior siding accessories. The new gable vents offer several advantages over alternative gable vents, including a high vent-free area and a surface-mount application that allows the vent to sit flat on the wall, eliminating the siding pocket for flat surfaces. These gable vents feature a full-size architectural trim des.

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Westlake Royal Building Products Launches Series 800 Patio Door

WLK's Royal Building Products adds series 800 Patio doors to its window solutions portfolio.

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Westlake Royal Building Products™ Introduces Series 800 Patio Door

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE: WLK), is adding a new patio door to its Westlake Royal Window Solutions™ portfolio. The Series 800 Patio Door combines the utmost in performance and versatility, with a variety of options to suit the needs of nearly any project or location. The Series 800 door is designed with a range of features to ensure optimal thermal efficiency and durability, including Energy Star-compliant glazing op.

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Westlake Adds Nickel Gap/V-Groove Plank to its Product Portfolio

WLK's Royal Building Products add a new reversible nickel gap/V-groove plank in the Kleer cellular PVC trim lineup.

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Westlake Chemical Partners LP Filed Annual Report

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") announced that it filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission on March 5, 2025. A copy of this 10-K may be found on the Partnership's website, www.wlkpartners.com, by selecting the "Investor Relations" tab, then "SEC Filings." Unitholders of the Partnership may receive a hard copy of its Annual Report on Form 10-K, including co.

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WLK to Launch Solutions for the Composites Industry at JEC World 2025

Westlake plans to launch cutting-edge solutions for the composites industry at the JEC World Show.

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Westlake Unit Brings Fire-Rated Roofing and Stone Solutions

WLK's Royal Building Products offers fire-rated roofing and stone solutions to help protect homes in high wildfire-prone zones.

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Westlake Epoxy Unveils Cutting-Edge Composite Solutions at JEC World 2025

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) announced today that Westlake Epoxy plans to launch several new products at the JEC World Show 2025, March 4 to 6, in Paris. We will be showcasing at booth 6-P114 our latest innovations designed to enhance efficiency, safety, and performance. Throughout the years, Westlake Epoxy has cultivated a broad network, bringing together equipment manufacturers, formulators, automators, and end users to create unique practical solutions for the g.

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Westlake to Launch Sustainable Epoxy Product Portfolio EpoVIVE

Westlake Epoxy is set to introduce EpoVIVE to align with its sustainability goals.

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Westlake Royal Building Products™ Offers Fire-Rated Roofing and Stone Solutions to Help Protect Homes in High Wildfire-Prone Zones

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), is proud to offer fire-rated roofing and stone solutions designed to provide homeowners in wildfire-prone regions with added peace of mind and protection. As wildfires increase in frequency and intensity in North America, particularly in densely brushed areas like California's wildland-urban interface, Westlake Royal's Class A1 fire-rated roofing solutions and fire-rated wall cladding sy.

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Westlake's Q4 Earnings and Revenues Miss Estimates, Rise Y/Y

Sales of WLK rise modestly in Q4 as a decline in average sales prices offsets growth in sales volume.

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Westlake Royal Building Products™ Adds New V-Groove Profile to Celect® Cellular Composite Siding Line

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE: WLK), has added a new V-Groove profile to the Celect® Cellular Composite Siding line. With its clean, modern look in both horizontal and vertical applications, the new V-Groove profile for the Celect Cellular Composite Siding line adds effortless elegance to virtually any home style. Its distinctive 12-foot length makes it perfect for vertical installations in homes with high ceilings and c.

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OpenText Appoints Chadwick Westlake Chief Financial Officer To Reinforce Top Priorities

WATERLOO, ON , Feb. 26, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced Chadwick Westlake as Executive Vice President, Chief Financial Officer, effective March 5, 2025, to succeed Madhu Ranganathan. This appointment underscores the company's commitment to excellence and reinforces its top priorities on total revenue growth, increased competitive advantage, margin and free cash flow expansion, and upper quartile capital returns.

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Dutch Quality Stone® Introduces First Brick Profile, Handformed Brick™, at 2025 International Builders' Show

LAS VEGAS--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK) debuts Handformed Brick™, a new, elevated tumbled brick profile from Dutch Quality Stone®, at this year's International Builders' Show (IBS) in Las Vegas from February 25-27 in booth C3819. This new profile is available in three colorways including the newest addition, Snowpack™, a serene white palette inspired by freshly fallen snow. Handformed Brick is Dutch Quality's first brick pr.

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Westlake Epoxy Announces the Launch of the EpoVIVE™: A New Era of Sustainable Solutions

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) announced today that Westlake Epoxy plans to launch at JEC World, March 4 to 6, 2025, in Paris, EpoVIVE™, an epoxy product portfolio offering a range of sustainable characteristics across multiple products, which will support customer sustainability initiatives. The EpoVIVE™ portfolio of Epoxy phenolic, resins and curing agents, represents a significant step forward in the commitment to drive sustainable innovation and foster value-chai.

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Westlake Corporation (WLK) Q4 2024 Earnings Call Transcript

Westlake Corporation (NYSE:WLK ) Q4 2024 Earnings Conference Call February 24, 2025 1:00 PM ET Company Participants John Zoeller - Vice President and Treasurer Albert Chao - Executive Chairman Jean-Marc Gilson - President and CEO Steve Bender - Executive Vice President and CFO Conference Call Participants John McNulty - BMO Capital Markets Patrick Cunningham - Citi Salvator Tiano - Bank of America Securities David Begleiter - Deutsche Bank Jeffrey Zekauskas - J.P. Morgan Aleksey Yefremov - KeyBanc Capital Markets John Roberts - Mizuho Group Michael Leithead - Barclays Kevin McCarthy - Vertical Research Partners Josh Spector - UBS Michael Sison - Wells Fargo Hassan Ahmed - Alembic Global Advisors Aziza Gazieva - Fermium Research Matthew Blair - TPH Pete Osterland - Truist Securities Arun Viswanathan - RBC Capital Markets Turner Hinrichs - Morgan Stanley Operator Good morning, ladies and gentlemen.

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Westlake (WLK) Reports Q4 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Westlake (WLK) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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Westlake Chemical (WLK) Lags Q4 Earnings and Revenue Estimates

Westlake Chemical (WLK) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.72 per share a year ago.

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Westlake Royal Building Products™ Expands Award-Winning Grove Collection™ Trim Line

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE: WLK), has announced the expansion of Grove Collection™, a line of architectural PVC trim and mouldings, to include column wraps with caps and bases, a nickel gap profile and flat trim. Grove Collection combines the timeless charm and rich look of stained wood with the performance benefits of cellular PVC, making it perfect for enhancing outdoor living spaces, porch ceilings and soffits. Col.

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Westlake Corporation Reports Fourth Quarter and Full Year 2024 Results

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced fourth quarter and full year 2024 results. SUMMARY FINANCIAL HIGHLIGHTS ($ in millions except per share data and percentages)     Three Months Ended       Twelve Months Ended       December 31,       September 30,       December 31,       December 31,       2024       2024       2023       2024       2023   Westlake Corporation                                       Net sales   $ 2,843      .

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Westlake Chemical Partners LP Announces Fourth Quarter and Full Year 2024 Results

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the fourth quarter of 2024 of $15.0 million, or $0.43 per limited partner unit, which was relatively in line with fourth quarter 2023 net income of $14.3 million. Cash flows from operating activities in the fourth quarter of 2024 were $132.5 million, an increase of $24.8 million compared to fourth quarter 2023 cash flows from operating activities.

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Westlake Corporation Declares Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of $0.525 per share for the fourth quarter of 2024. This dividend will be payable on March 19, 2025 to stockholders of record on March 4, 2025. Westlake announced its first dividend on November 11, 2004 and has successively been paying and increasing its dividend for the past 20 years. The statements in this release that are not historical facts, including statemen.

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Westlake (WLK) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Besides Wall Street's top -and-bottom-line estimates for Westlake (WLK), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.

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Westlake Royal Building Products™ Introduces New Colors Offerings for Newpoint™ Concrete Roof Tile

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), is proud to announce the expansion of its Newpoint™ Concrete Roof Tile brand. The expansion includes seven new colors from our California, Arizona and Nevada manufacturing facilities—Ashen Cove, Auburn Ridge, Earthen Shadow, Olive Bark, Platinum Peak, Tree Bark Blend and Urban Driftwood—along with extensions of two existing colors, Cherrywood and Apple Bark, to additional profiles from A.

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DaVinci® Roofscapes Launches Two New Single-Width Slate Colors: Rock Ridge and Aurora

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK) announces two new colors from its DaVinci® Roofscapes brand – Rock Ridge and Aurora. Expanding its Single-Width Slate profile offerings, these two new color additions featured in the Nature Crafted Collection™, offer homeowners the beauty of authentic slate colors with the durable performance of DaVinci's high-quality materials. "These new Nature Crafted Collection additions further und.

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Westlake Chemical (WLK) Reports Next Week: Wall Street Expects Earnings Growth

Westlake (WLK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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Westlake Royal Building Products™ Reveals New Products and Top Trends at the 2025 NAHB International Builders' Show®

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE:WLK), will return to the NAHB International Builders' Show® (IBS), taking place February 25-27, 2025 in Las Vegas. This year, Westlake Royal will spotlight how its innovative products and expert trend insights can unlock the boundless possibilities of modern design and innovation. Located in the Central Hall (C3819) of the Las Vegas Convention Center, the Westlake Royal booth will feature an i.

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Westlake Chemical Partners LP Announces Fourth Quarter 2024 Distribution

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution of $0.4714 per unit. This is the 42nd quarterly distribution announced by the Partnership since its initial public offering. The distribution will be payable on February 25, 2025, to unit holders of record on February 7, 2025. This release is intended to be a qualified notice under Treasury Regula.

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Westlake Chemical Partners: A Stable Dividend Stock For An 8% Yield

Westlake Chemical Partners offers a high dividend and is fairly priced, driven by steady ethylene demand and strong financial performance. Q3'24 results showed increased earnings due to higher ethylene prices and production volumes, with a solid balance sheet and covered dividends. Risks include dependency on Westlake Corporation and industry shifts away from ethylene, though mitigated by long-term agreements and market growth projections.

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Top 3 Materials Stocks That Are Set To Fly This Month

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

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