# Westlake Corporation (WLK)

**Exchange:** NYSE  
**Sector:** Basic Materials  
**Market cap:** $11.19B  
**Price:** $87.27 (+0.17%)

> Westlake Corporation is a global diversified industrial company that manufactures and supplies essential materials and products enhancing daily life across multiple sectors. It operates through two primary segments: Performance and Essential Materials, which produces critical building blocks like olefins, vinyl chemicals, polyethylene, and epoxies used in packaging, healthcare, automotive interiors, detergents, pharmaceuticals, and building materials; and Housing and Infrastructure Products, which fabricates finished goods including building products such as siding, stone veneer, roofing, and windows, as well as pipe and fittings for municipal water, sewer, plumbing, mining, and irrigation applications, plus custom compounds for wire, cable, medical devices, and consumer goods. Westlake Corporation serves housing and construction, packaging and healthcare, automotive, and consumer markets with operations in North America, Asia, and Europe. As the second-largest PVC pipe manufacturer in North America, it emphasizes innovative solutions like post-industrial recycled polymers in products such as garden edging and floor mats. Founded in 1986 and headquartered in Houston, Texas, Westlake Corporation delivers vital components for sustainable everyday applications.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $11.17B | $813M | -$1.58B | -$1.51B | — |
| 2024 | $12.14B | $1.96B | $875M | $602M | — |
| 2023 | $12.55B | $2.22B | $729M | $479M | — |
| 2022 | $15.79B | $4.07B | $3.05B | $2.25B | — |
| 2021 | $11.78B | $3.50B | $2.80B | $2.02B | — |
| 2020 | $7.50B | $1.02B | $429M | $330M | — |
| 2019 | $8.12B | $1.26B | $656M | $421M | — |
| 2018 | $8.63B | $1.99B | $1.41B | $996M | — |
| 2017 | $8.04B | $1.76B | $1.23B | $1.30B | — |
| 2016 | $5.08B | $983M | $583M | $399M | — |
| 2015 | $108M | $1.19B | $960M | $646M | — |
| 2014 | $148M | $1.32B | $1.12B | $679M | — |
| 2013 | $322M | $1.10B | $953M | $610M | — |
| 2012 | $320M | $737M | $615M | $386M | — |
| 2011 | $446M | $559M | $447M | $259M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $19.96B | $10.67B | $8.79B | $2.72B | $5.58B |
| 2024 | $20.75B | $9.71B | $10.53B | $2.92B | $4.56B |
| 2023 | $21.04B | $10.27B | $10.24B | $3.30B | $4.91B |
| 2022 | $20.55B | $10.09B | $9.93B | $2.23B | $4.88B |
| 2021 | $18.46B | $9.93B | $7.96B | $1.91B | $5.18B |
| 2020 | $13.84B | $7.26B | $6.04B | $1.31B | $3.57B |
| 2019 | $13.26B | $6.86B | $5.86B | $728M | $3.44B |
| 2018 | $11.60B | $5.53B | $5.59B | $753M | $2.67B |
| 2017 | $12.08B | $6.71B | $4.87B | $1.53B | $3.84B |
| 2016 | $10.89B | $7.00B | $3.52B | $459M | $3.68B |
| 2015 | $5.57B | $2.01B | $3.27B | $663M | $758M |
| 2014 | $5.21B | $2.01B | $2.91B | $881M | $764M |
| 2013 | $4.06B | $1.64B | $2.42B | $461M | $764M |
| 2012 | $3.41B | $1.54B | $1.87B | $790M | $764M |
| 2011 | $3.27B | $1.51B | $1.76B | $826M | $765M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $465M | $995M | -$530M |
| 2024 | $1.31B | $1.01B | $306M |
| 2023 | $2.34B | $1.03B | $1.30B |
| 2022 | $3.40B | $1.11B | $2.29B |
| 2021 | $2.39B | $658M | $1.74B |
| 2020 | $1.30B | $525M | $772M |
| 2019 | $1.30B | $787M | $514M |
| 2018 | $1.41B | $702M | $707M |
| 2017 | $1.53B | $577M | $951M |
| 2016 | $867M | $629M | $238M |
| 2015 | $1.08B | $491M | $588M |
| 2014 | $1.03B | $431M | $601M |
| 2013 | $753M | $679M | $74M |
| 2012 | $612M | $387M | $225M |
| 2011 | $359M | $177M | $182M |

Source: [CompaniesByCap](https://companiesbycap.com/company/WLK)