Westlake Corporation logo WLK - Westlake Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 9
HOLD 18
SELL 5
STRONG
SELL
0
| PRICE TARGET: $118.50 DETAILS
HIGH: $145.00
LOW: $88.00
MEDIAN: $121.00
CONSENSUS: $118.50
UPSIDE: 33.75%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999
Revenue
Revenue 11,170 12,142 12,548 15,794 11,778 7,504 8,118 8,635 8,041 5,076 4,463 4,415.4 3,759.5 3,571.0 3,619.8 3,171.8 2,325.7 3,692.4 3,192.2 2,484.4 2,441.1 1,985.4 1,423.0 1,072.6 1,087.0 1,392.3 1,057.6
Cost of Revenue 10,881 10,185 10,329 11,721 8,283 6,481 6,858 6,648 6,280 4,093 3,278 3,098 2,658.0 2,834.1 3,060.8 2,689.1 2,130.6 3,623.0 2,920.8 2,087.9 1,997.5 1,682.2 1,301.1 992.1 1,117.0 1,193.4 888.0
Gross Profit 289 1,957 2,219 4,073 3,495 1,023 1,260 1,987 1,761 983 1,185 1,317.3 1,101.4 737.0 559.0 482.7 195.1 69.4 271.4 396.5 443.6 303.2 122.0 80.6 (29.9) 198.9 169.7
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 910 874 865 809 528 435 458 445 399 258 218 183.7 148.0 121.6 112.2 104.3 87.9 98.9 96.7 83.2 76.6 60.2 57.0 64.3 0 62.0 52.1
Other Expenses 957 208 625 214 167 159 146 134 137 142 7 9.6 0 0 0 0 0 0 0 0 0 (0.2) (0.9) 2.2 60.9 10.8 2.7
Operating Expenses 1,867 1,082 1,490 1,023 695 594 604 579 536 400 225 193.4 148.0 121.6 112.2 104.3 87.9 98.9 96.7 83.2 76.6 60.0 56.1 66.5 60.9 72.8 54.8
Operating Income
Operating Income (1,578) 875 729 3,050 2,800 429 656 1,408 1,225 583 960 1,124.0 953.5 615.4 446.8 378.4 107.3 (29.5) 174.7 313.3 367.0 243.2 65.8 14.1 (90.8) 126.1 114.8
Interest Expense 161 159 165 177 176 142 124 126 159 79.5 34.7 37.4 18.1 43.0 51.0 39.9 35.0 34.0 18.4 16.5 23.7 39.4 0 0 0 0 0
Interest Income 0 153 104 24 7 14 20 0 0 8.4 6.0 3.5 3.1 0 2.9 1.5 1.4 4.6 2.9 10.1 4.3 1.0 0 0 0 0 0
Profitability
EBITDA (199) 2,211 1,962 4,179 3,693 1,246 1,407 2,101 1,841 1,015 1,244 1,329.8 1,118.1 772.8 583.8 511.6 236.9 87.9 280.9 400.4 449.7 326.3 154.0 102.1 (29.9) 204.9 201.3
EBIT (1,436) 1,097 865 3,123 2,853 473 694 1,460 1,240 637.9 998.1 1,121.3 960.3 628.2 452.4 382.8 113.7 (24.1) 177.4 299.1 369.0 230.0 65.8 14.1 (29.9) 126.1 114.8
Income Before Tax (1,597) 938 700 2,946 2,677 331 570 1,334 1,081 558 963 1,083.9 942.2 585.2 401.4 343.0 78.8 (58.0) 159.0 282.5 345.3 190.7 23.5 (14.2) (117.3) 90.7 0
Income Tax Expense (164) 291 178 649 607 (42) 108 300 (258) 138 298 398.9 331.7 199.6 142.5 121.6 25.8 (28.5) 44.2 88.0 118.5 69.9 8.7 (7.1) (45.4) 0 0
Net Income (1,508) 602 479 2,247 2,015 330 421 996 1,304 399 646 678.5 610.4 385.6 259.0 221.4 53.0 (29.5) 114.7 194.6 226.8 120.7 14.8 (7.1) (72.0) 55.0 37.8
Per Share Data
EPS (Basic) -11.73 4.66 3.72 17.47 15.66 2.57 3.26 7.70 10.05 3.07 4.88 5.09 4.57 2.89 1.95 1.68 0.40 -0.23 0.88 1.50 1.75 1.10 0.15 -0.07 -0.73 0.56 0.38
EPS (Diluted) -11.73 4.64 3.70 17.35 15.58 2.57 3.25 7.66 10.00 3.06 4.86 5.07 4.55 2.88 1.94 1.67 0.40 -0.23 0.88 1.49 1.74 1.09 0.15 -0.07 -0.73 0.56 0.38
Shares Outstanding 128.9 128.5 127.8 128.0 128.0 127.9 128.4 129.4 129.1 129.4 131.8 133.1 133.2 132.6 131.9 130.9 131.8 131.2 130.5 130.3 130.0 110.5 99.0 99.0 99.0 99.0 99.0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2000 1999
Current Assets
Cash & Cash Equivalents 2,724 2,919 3,304 2,228 1,908 1,313 728 753 1,531 459.5 245.6 90.2 43.4 37.4 11.1 11.5 8.6
Short-Term Investments 204 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,504 1,483 1,601 1,801 1,868 1,214 1,036 1,037 1,001 938.7 339.8 347.3 234.2 178.6 123.2 0 0
Inventory 1,653 1,697 1,622 1,866 1,407 918 936 1,014 900 801.1 369.4 328.0 319.8 180.8 170.9 0 0
Other Current Assets 131 115 82 78 0 0 0 0 0 161 26.5 26.6 65.8 8.1 17.1 (11.5) (8.6)
Total Current Assets 6,216 6,214 6,609 5,973 5,263 3,477 2,742 2,842 3,463 2,408.3 988.4 799.0 671.9 412.8 336.6 11.5 8.6
Non-Current Assets
Property, Plant & Equipment 9,403 9,434 9,216 9,092 8,168 7,381 7,355 6,595 6,412 6,420 1,194.3 1,197.5 855.1 879.7 910.9 0 0
Goodwill 1,314 2,031 2,041 2,161 2,024 1,083 1,074 1,002 1,012 946.6 30.0 30.0 0 0 0 0 0
Intangible Assets 1,182 1,282 1,403 1,565 1,580 612 710 659 777 787.5 26.5 31.2 0 0 0 0 0
Long-Term Investments 1,078 1,081 1,115 1,142 1,007 1,059 1,112 253 0 130.5 33.9 30.1 0 0 0 0 0
Other Non-Current Assets 768 708 651 617 417 223 268 251 412 185.0 173.2 199.3 65.5 77.6 61.8 0 0
Total Non-Current Assets 13,745 14,536 14,426 14,577 13,196 10,358 10,519 8,760 8,613 8,481.9 1,458.0 1,488 920.5 957.3 972.7 0 0
Total Assets 19,961 20,750 21,035 20,550 18,459 13,835 13,261 11,602 12,076 10,890.3 2,446.4 2,287.0 1,592.5 1,370.1 1,309.2 1,374.6 1,344.9
Current Liabilities
Account Payables 755 806 849 870 849 529 435 504 600 496 179.1 112.8 146.9 93.4 68.2 0 0
Short-Term Debt 663 6 299 0 269 7 26 0 710 149 0 0 1.2 28.2 41.7 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 1,127 0 0 0 0 (7) (26) 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 2,770 2,219 2,790 2,298 2,344 1,357 1,241 1,183 1,967 1,183.1 286.6 212.3 250.2 215.1 177.6 0 0
Non-Current Liabilities
Long-Term Debt 5,087 4,556 4,607 4,879 4,911 3,566 3,445 2,668 3,127 3,678.7 515.4 510.3 296.9 509.1 491.7 0 0
Deferred Tax Liabilities 1,343 1,553 1,560 1,735 1,681 1,368 1,255 1,159 1,111 1,650.6 309.6 280.5 235.2 136.5 139.3 0 0
Other Non-Current Liabilities 778 666 703 669 534 590 562 516 502 485.9 49.8 44.8 40.8 41.7 50.1 0 0
Total Non-Current Liabilities 7,896 7,488 7,481 7,787 7,587 5,900 5,617 4,343 4,740 5,815.1 874.8 835.6 572.8 687.3 681.0 0 0
Total Liabilities 10,666 9,707 10,271 10,085 9,931 7,257 6,858 5,526 6,707 6,998.2 1,161.4 1,047.9 823.1 902.4 858.6 0 0
Stockholders' Equity
Common Stock 1 1 1 1 1 1 1 1 1 1.3 0.7 0.7 0.6 0.5 0.5 0 0
Retained Earnings 8,701 10,481 10,143 9,885 7,808 5,938 5,757 5,477 4,613 3,412.3 853.4 814.9 348.7 229.3 214.6 0 0
Accumulated Other Comprehensive Income (80) (144) (98) (89) (36) (64) (74) (62) 7 (121.3) (11.5) (12.1) (0.1) (1.2) (3.6) 0 0
Total Stockholders' Equity 8,792 10,527 10,241 9,931 7,955 6,043 5,860 5,590 4,874 3,523.6 1,285.0 1,239.1 769.4 445.6 428.5 504.2 433.0
Total Liabilities & Equity 19,961 20,750 21,035 20,550 18,459 13,835 13,261 11,602 12,076 10,890.3 2,446.4 2,287.0 1,592.5 1,370.1 1,309.2 1,374.6 1,344.9
Debt Metrics
Total Debt 6,438 5,275 5,517 5,383 5,641 3,949 3,826 2,668 3,837 3,828 515.4 510.3 298.1 537.3 533.4 0 0
Net Debt 3,714 2,356 2,213 3,155 3,733 2,636 3,098 1,915 2,306 3,369 269.8 420.1 254.7 499.9 522.2 (11.5) (8.6)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2000 1999
Operating Activities
Net Income (1,471) 647 522 2,297 2,070 373 462 1,034 1,339 419.9 226.8 120.7 14.8 (7.1) 55.0 37.8
Depreciation & Amortization 1,178 1,114 1,097 1,056 840 773 713 641 601 377.7 82.7 83.2 88.2 88.0 78.8 86.5
Stock-Based Compensation 41 41 43 36 31 29 25 22 23 14.2 0 0 0 0 0 0
Change in Working Capital (186) (469) 332 (24) (614) (78) (3) (374) 90 (38.5) (39.8) (122.2) (39.0) (107.2) 0 0
Other Non-Cash Items 1,080 16 517 51 44 54 50 24 19 (40.0) 3.0 3.9 7.1 9.6 39.6 8.6
Operating Cash Flow 465 1,314 2,336 3,395 2,394 1,297 1,301 1,409 1,538 833.9 318.4 150.8 78.1 (21.3) 173.4 132.9
Investing Activities
Capital Expenditure (995) (1,008) (1,034) (1,108) (658) (525) (787) (702) (577) (628.5) (85.8) (52.7) (44.9) (43.6) 0 0
Acquisitions 0 (26) (25) (1,383) (2,578) 26 (1,176) (68) (13) (2,437.8) 0 (33.3) 0 0 0 0
Purchases of Investments (272) 0 0 0 0 0 0 0 (66) (138) (1.9) 0 0 0 0 0
Sales/Maturities of Investments 68 0 0 0 0 0 0 0 0 663 0 0 0 0 0 0
Other Investing Activities (24) 33 22 12 23 (10) 9 16 4 (4.0) 0.0 6.0 18.4 4.9 (87.7) (25.3)
Investing Cash Flow (1,223) (1,001) (1,037) (2,479) (3,213) (509) (1,954) (754) (652) (2,562.8) (87.6) (80.0) (41.6) (38.7) (87.7) (25.3)
Financing Activities
Net Debt Issuance 933 (300) 0 (250) 1,671 28 786 (1,165) 21 1,863.0 (31.2) (244.6) 3.9 (4.6) 0 0
Stock Repurchased (63) (60) (23) (101) (30) (54) (30) (106) 0 (67.4) 0 (11.5) 0 0 0 0
Dividends Paid (272) (264) (221) (169) (145) (137) (132) (120) (103) (96.6) (6.3) (1.4) 0 0 0 0
Other Financing Activities (68) (26) (1) (67) (59) (53) (57) (36) 94 (166.2) 0 0 (14.1) (3.4) (83.3) (129.5)
Financing Cash Flow 530 (650) (245) (587) 1,437 (216) 630 (1,427) 160 1,533.2 (36.4) (64.8) (10.2) (8.0) (83.3) (129.5)
Cash Position
Net Change in Cash (195) (384) 1,073 305 604 587 (25) (779) 1,072 (203.1) 194.5 6.0 26.3 (68.0) (83.3) (129.5)
Cash at Beginning 2,919 3,319 2,246 1,941 1,337 750 775 1,554 459 662.5 43.4 37.4 11.1 79.1 0 0
Cash at End 2,724 2,935 3,319 2,246 1,941 1,337 750 775 1,531 459.5 237.9 43.4 37.4 11.1 (83.3) (129.5)
Free Cash Flow (530) 306 1,302 2,287 1,736 772 514 707 961 205.4 232.7 98.1 33.2 (64.9) 173.4 132.9
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999
Income Statement
Revenue 11,170 12,142 12,548 15,794 11,778 7,504 8,118 8,635 8,041 5,076 4,463 4,415.4 3,759.5 3,571.0 3,619.8 3,171.8 2,325.7 3,692.4 3,192.2 2,484.4 2,441.1 1,985.4 1,423.0 1,072.6 1,087.0 1,392.3 1,057.6
Gross Profit 289 1,957 2,219 4,073 3,495 1,023 1,260 1,987 1,761 983 1,185 1,317.3 1,101.4 737.0 559.0 482.7 195.1 69.4 271.4 396.5 443.6 303.2 122.0 80.6 (29.9) 198.9 169.7
Operating Income (1,578) 875 729 3,050 2,800 429 656 1,408 1,225 583 960 1,124.0 953.5 615.4 446.8 378.4 107.3 (29.5) 174.7 313.3 367.0 243.2 65.8 14.1 (90.8) 126.1 114.8
Net Income (1,508) 602 479 2,247 2,015 330 421 996 1,304 399 646 678.5 610.4 385.6 259.0 221.4 53.0 (29.5) 114.7 194.6 226.8 120.7 14.8 (7.1) (72.0) 55.0 37.8
EPS (Diluted) -11.73 4.64 3.70 17.35 15.58 2.57 3.25 7.66 10.00 3.06 4.86 5.07 4.55 2.88 1.94 1.67 0.40 -0.23 0.88 1.49 1.74 1.09 0.15 -0.07 -0.73 0.56 0.38
Balance Sheet
Cash & Equivalents 2,724 2,919 3,304 2,228 1,908 1,313 728 753 1,531 459.5 245.6 90.2 43.4 37.4 11.1 11.5 8.6
Total Assets 19,961 20,750 21,035 20,550 18,459 13,835 13,261 11,602 12,076 10,890.3 2,446.4 2,287.0 1,592.5 1,370.1 1,309.2 1,374.6 1,344.9
Total Debt 6,438 5,275 5,517 5,383 5,641 3,949 3,826 2,668 3,837 3,828 515.4 510.3 298.1 537.3 533.4 0 0
Stockholders' Equity 8,792 10,527 10,241 9,931 7,955 6,043 5,860 5,590 4,874 3,523.6 1,285.0 1,239.1 769.4 445.6 428.5 504.2 433.0
Cash Flow
Operating Cash Flow 465 1,314 2,336 3,395 2,394 1,297 1,301 1,409 1,538 833.9 318.4 150.8 78.1 (21.3) 173.4 132.9
Capital Expenditure (995) (1,008) (1,034) (1,108) (658) (525) (787) (702) (577) (628.5) (85.8) (52.7) (44.9) (43.6) 0 0
Free Cash Flow (530) 306 1,302 2,287 1,736 772 514 707 961 205.4 232.7 98.1 33.2 (64.9) 173.4 132.9