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Westlake Corporation

NYSE•WLK
執行長: Mr. James Y. Chao
板塊: Basic Materials
行業: Chemicals - Specialty
上市日期: 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.
聯絡資訊
2801 Post Oak Boulevard, Suite 600, Houston, TX, 77056, United States
713-960-9111
www.westlake.com
市值
$13.53B
本益比 (TTM)
-9.0
28.9
股息率
2.0%
52周最高
$113.51
52周最低
$56.33
52周範圍
86%
排名26Top 13.0%
5.5
F-Score
改良版 Piotroski 分析
基於 10 年期基本面
一般 • 5.5 / 9 分
評分區間 (0-9)
8-9: 價值優異
6-7: 基本面強勁
4-5: 整體穩健
0-3: 表現疲弱
資料區間: 2016-2025

財務儀表板

Q4 2025 數據

營業收入

$2.53B+0.00%
近4季度走勢

每股收益

-$4.22+0.00%
近4季度走勢

自由現金流

-$16.00M+0.00%
近4季度走勢

2025 Annual 財報亮點

核心亮點

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.

關注風險

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.

未來展望

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.

同行對比

營業收入 (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%

毛利率 (最新季度)

HL stock ticker logoHL
52.6%
+19.9pp
ESI stock ticker logoESI
40.9%
+0.7pp
SQM stock ticker logoSQM
34.1%
+3.4pp

關鍵指標

股票代碼
市值
本益比 (TTM)
股東權益報酬率 (TTM)
負債率
SQM$20.17B33.610.9%33.2%
ALB$19.32B-37.8-5.1%20.1%
AA$15.64B13.718.8%0.0%

長期趨勢

近4季度
營業收入
淨利
營運現金流
4季度營業收入複合增長率
-3.8%
基本持平
4季度淨利複合增長率
N/M
盈利狀態轉變
現金流穩定性
75%
現金流波動較大

深度研究

下次財報:2026年4月30日
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