Westlake Corporation (WLK)

75.71 +2.41% (+1.78)

Over 5Y: -6.3%

2026-08-28
50 100 150
2021 2022 2023 2024 2025 2026

Financials Quarterly

Q3 '21 — Revenue: 3.1B Q3 '21 — Operating Cash Flow: 755M Q3 '21 — Free Cash Flow: 611M Q3 '21 — Net Income: 607M Q4 '21 — Revenue: 3.5B Q4 '21 — Operating Cash Flow: 757M Q4 '21 — Free Cash Flow: 513M Q4 '21 — Net Income: 644M Q1 '22 — Revenue: 4.1B Q1 '22 — Operating Cash Flow: 700M Q1 '22 — Free Cash Flow: 437M Q1 '22 — Net Income: 756M Q2 '22 — Revenue: 4.5B Q2 '22 — Operating Cash Flow: 913M Q2 '22 — Free Cash Flow: 683M Q2 '22 — Net Income: 858M Q3 '22 — Revenue: 4B Q3 '22 — Operating Cash Flow: 947M Q3 '22 — Free Cash Flow: 629M Q3 '22 — Net Income: 401M Q4 '22 — Revenue: 3.3B Q4 '22 — Operating Cash Flow: 835M Q4 '22 — Free Cash Flow: 538M Q4 '22 — Net Income: 232M Q1 '23 — Revenue: 3.4B Q1 '23 — Operating Cash Flow: 512M Q1 '23 — Free Cash Flow: 245M Q1 '23 — Net Income: 394M Q2 '23 — Revenue: 3.3B Q2 '23 — Operating Cash Flow: 555M Q2 '23 — Free Cash Flow: 315M Q2 '23 — Net Income: 297M Q3 '23 — Revenue: 3.1B Q3 '23 — Operating Cash Flow: 696M Q3 '23 — Free Cash Flow: 451M Q3 '23 — Net Income: 285M Q4 '23 — Revenue: 2.8B Q4 '23 — Operating Cash Flow: 573M Q4 '23 — Free Cash Flow: 291M Q1 '24 — Revenue: 3B Q1 '24 — Operating Cash Flow: 169M Q1 '24 — Free Cash Flow: -103M Q1 '24 — Net Income: 174M Q2 '24 — Revenue: 3.2B Q2 '24 — Operating Cash Flow: 237M Q2 '24 — Free Cash Flow: 6M Q2 '24 — Net Income: 313M Q3 '24 — Revenue: 3.1B Q3 '24 — Operating Cash Flow: 474M Q3 '24 — Free Cash Flow: 254M Q3 '24 — Net Income: 108M Q4 '24 — Revenue: 2.8B Q4 '24 — Operating Cash Flow: 434M Q4 '24 — Free Cash Flow: 149M Q4 '24 — Net Income: 7M Q1 '25 — Revenue: 2.8B Q1 '25 — Operating Cash Flow: -77M Q1 '25 — Free Cash Flow: -325M Q1 '25 — Net Income: -40M Q2 '25 — Revenue: 3B Q2 '25 — Operating Cash Flow: 135M Q2 '25 — Free Cash Flow: -132M Q2 '25 — Net Income: -142M Q3 '25 — Revenue: 2.8B Q3 '25 — Operating Cash Flow: 182M Q3 '25 — Free Cash Flow: -57M Q3 '25 — Net Income: -782M Q4 '25 — Revenue: 2.5B Q4 '25 — Operating Cash Flow: 225M Q4 '25 — Free Cash Flow: -16M Q4 '25 — Net Income: -544M Q1 '26 — Revenue: 2.7B Q1 '26 — Operating Cash Flow: -94M Q1 '26 — Free Cash Flow: -303M Q1 '26 — Net Income: -169M Q2 '26 — Revenue: 3.3B Q2 '26 — Operating Cash Flow: 318M Q2 '26 — Free Cash Flow: 111M Q2 '26 — Net Income: 260M 0 1.5B 3B 4.5B
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

2.4
SBC / sales 0.37%
OE margin -2.7%
Oper. margin -11.0%
ROIC -8.3%
Accruals -9.6%
EBITDA margin -0.66%
FCF margin -2.3%
OCF margin 5.6%
Profit margin -10.9%
ROA -6.4%
ROCE -7.3%
ROE -14.2%
OCF / EBIT —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

2.1
Segment HHI 0.76 HHI
RPO / sales —
RPO growth —

3 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

3.4
ND/EBITDA —
Net debt / Eq 0.37×
Quick ratio 1.7×
Cash / Debt 0.37×
Debt / Eq 0.58×
F-score 3.0 pts
Cash runway —
Debt payback —
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

1.0
Sales/sh Y/Y -3.2%
Shares change -0.73%
Div. growth +3.0%
Sales Q/Q +10.8%
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.