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Westlake Corporation

NYSE•WLK
CEO: Mr. James Y. Chao
Sector: Basic Materials
Industry: Chemicals - Specialty
Listing Date: 2004-08-12
Westlake Corporation engages in the manufacture and marketing of performance and essential materials, and housing and infrastructure products in the United States, Canada, Germany, China, Mexico, Brazil, France, Italy, Taiwan, and internationally. The company operates through two segments: Performance and Essential Materials and Housing and Infrastructure Products. The Performance and Essential Materials segment offers ethylene, polyethylene, styrene, chlorinated derivative products, ethylene dichloride, vinyl chloride monomer, polyvinyl chloride (PVC), epoxy specialty resins, and base epoxy resins and intermediaries, as well as chlor-alkali, such as chlorine and caustic soda. The Housing and Infrastructure Products segment provides residential PVC sidings; PVC trim and mouldings; architectural stone veneers; windows; PVC decking; PVC films for various inflatables, wallcovering, and tape and roofing applications; polymer composite and cement roof tiles; PVC pipes and fittings for various water, sewer, electrical, and industrial applications; PVC compounds used in various housing, medical, and automobile products; and 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 operates as a subsidiary of TTWF LP.
Contact Information
2801 Post Oak Boulevard, Suite 600, Houston, TX, 77056, United States
713-960-9111
www.westlake.com
Market Cap
$13.70B
P/E (TTM)
-9.1
30.1
Dividend Yield
2.0%
52W High
$114.75
52W Low
$56.33
52W Range
86%
Rank26Top 13.0%
5.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$2.53B+0.00%
4-Quarter Trend

EPS

-$4.22+0.00%
4-Quarter Trend

FCF

-$16.00M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Total Net Sales Decline Total net sales $11.17B USD, reflecting an 8% decrease compared to $12.14B USD reported in 2024.
Significant Net Loss Recorded Net loss attributable to Westlake Corporation reached $(1.51)B USD, a significant reversal from $602M income reported in 2024.
Major Goodwill Impairment Recognized $727M non-cash goodwill impairment charge in PEM segment during the third quarter of 2025.
High Restructuring Costs Restructuring costs totaled $640M USD, driven by closures of North American Chlorovinyls and Pernis facilities.

Risk Factors

Petrochemical Cyclicality Risk Cyclical petrochemical industry may result in reduced operating margins or future operating losses for PEM segment.
Commodity Price Pressure Selling commodity products faces significant competition and intense price pressure globally, negatively affecting overall segment profitability.
Raw Material Cost Volatility Operations depend on volatile raw material and energy costs, alongside supply chain constraints, increasing operating expenses.
Housing Market Weakness Continued weakness in the North American housing market may adversely affect operating results for the Housing segment.

Outlook

Housing Demand Expected Improvement Expect improvement in North American housing product demand due to stabilized interest rates and potential future cuts.
ACI Acquisition Integration Integrating recently acquired ACI compounding solutions business expected to complement existing structure and reduce costs.
Increased Environmental Capex Environmental compliance capital expenditures estimated at $103M for 2026, higher than recent years due to new EPA rules.
PEM Segment Cyclicality Continues PEM segment performance remains subject to global supply/demand balance, overcapacity, and volatility in natural gas and crude oil prices.

Peer Comparison

Revenue (TTM)

AA stock ticker logoAA
$12.74B
+3.6%
MOS stock ticker logoMOS
$11.68B
+5.0%
WLK stock ticker logoWLK
$11.17B
-8.0%

Gross Margin (Latest Quarter)

HL stock ticker logoHL
52.6%
+19.9pp
ESI stock ticker logoESI
40.9%
+0.7pp
NEU stock ticker logoNEU
30.0%
-3.3pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SQM$21.60B36.010.9%40.2%
ALB$21.00B-41.1-5.1%20.1%
AA$16.59B14.618.8%0.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-3.8%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow

Deep Research

Next earnings:Apr 30, 2026
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News
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LTM
No Data