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Westlake Corporation

WLK US

WLK USWestlake Corporation

United States Composite

149.51

USD

+0.33

(+0.22%)

3.72EPS Dil.

39.89P/E

19.17BMarket Cap

1.16%Div. Yield

Next Earnings

May 2

Ex-Dividend Date

February 27

Dividend Date

March 14

Held by Insiders

73.67%

Held by Institutions

28.56%

Short % of Float

1.28%

YTD Yield

33.37%

3Y Yield

57.91%

5Y Yield

135.72%

Capital Structure

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

ST Debt

299

LT Borrowings

4,894

4,574

4,607

LT Finance Leases

536

542

611

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

128

Market Capitalization

15,255

15,974

17,945

Working Capital

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

Total Current Assets

6,296

6,757

6,609

Cash, Cash Equivalents & STI

2,677

3,057

3,304

Accounts Receivable, Net

1,666

1,598

1,413

Inventories

1,671

1,672

1,622

Total Current Liabilities

2,131

2,659

2,790

Payables & Accruals

2,131

2,360

2,491

ST Debt

299

Deferred Revenue

- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

15.50%

11.39%

-20.55%

Net Income, GAAP

53.55%

72.82%

-78.68%

Free Cash Flow

107.20%

27.29%

-43.07%

Total Cash Common Dividend

15.48%

13.39%

30.77%

Total Equity

16.73%

12.67%

2.86%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

2,357

2,859

3,055

3,507

11,778

2022

4,056

4,483

3,956

3,299

15,794

2023

3,356

3,251

3,115

2,826

12,548

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

1.89

4.07

4.74

5.04

15.74

2022

5.90

6.69

3.13

1.82

17.56

2023

3.09

2.33

2.23

-3.88

3.75

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

0.27

0.30

1.13

2022

0.30

0.36

1.32

2023

0.37

0.35

0.50

0.51

1.73

Company Description

CEO: Mr. Albert Yuan Chao
Full Time Employees: 15,520
Sector: Basic Materials
Industry: Specialty Chemicals
Address: 2801 Post Oak Boulevard Houston TX United States 77056
IPO Date: Aug 12, 2004
Website: www.westlake.com
Business: 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.

Company News

Zacks
2 days ago
Westlake (WLK) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks
2 days ago
Westlake Chemical (WLK) Q1 Earnings and Revenues Top Estimates
Marketwatch
2 days ago
Westlake 1Q Sales Drop on Pricing Hit
Seekingalpha
2 days ago
Westlake Corporation Non-GAAP EPS of $1.34 beats by $0.31, revenue of $2.98B beats by $50M
Seekingalpha
3 days ago
Westlake Corporation Q1 2024 Earnings Preview
Yahoo
3 days ago
Westlake (WLK) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Zacks
3 days ago
Westlake (WLK) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Yahoo
8 days ago
Estimating The Intrinsic Value Of Westlake Corporation (NYSE:WLK)
Yahoo
9 days ago
Westlake Chemical (WLK) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Zacks
9 days ago
Westlake Chemical (WLK) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Yahoo
11 days ago
Westlake Epoxy Introducing New Lower Yellowing Epoxy Products
Yahoo
16 days ago
Westlake Announces First Quarter 2024 Earnings Conference Call
Yahoo
a month ago
Westlake (WLK) Up 11% Since Last Earnings Report: Can It Continue?
Zacks
a month ago
Westlake (WLK) Up 11% Since Last Earnings Report: Can It Continue?
Yahoo
2 months ago
Westlake Corporation's (NYSE:WLK) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Yahoo
2 months ago
Westlake to Host Housing & Infrastructure Products-Focused Investor Event
Zacks
2 months ago
Is Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) a Strong ETF Right Now?

Company Description

CEO: Mr. Albert Yuan Chao
Full Time Employees: 15,520
Sector: Basic Materials
Industry: Specialty Chemicals
Address: 2801 Post Oak Boulevard Houston TX United States 77056
IPO Date: Aug 12, 2004
Website: www.westlake.com
Business: 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.

Company News

Zacks
2 days ago
Westlake (WLK) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks
2 days ago
Westlake Chemical (WLK) Q1 Earnings and Revenues Top Estimates
Marketwatch
2 days ago
Westlake 1Q Sales Drop on Pricing Hit
Seekingalpha
2 days ago
Westlake Corporation Non-GAAP EPS of $1.34 beats by $0.31, revenue of $2.98B beats by $50M
Seekingalpha
3 days ago
Westlake Corporation Q1 2024 Earnings Preview
Yahoo
3 days ago
Westlake (WLK) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Zacks
3 days ago
Westlake (WLK) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Yahoo
8 days ago
Estimating The Intrinsic Value Of Westlake Corporation (NYSE:WLK)
Yahoo
9 days ago
Westlake Chemical (WLK) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Zacks
9 days ago
Westlake Chemical (WLK) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Yahoo
11 days ago
Westlake Epoxy Introducing New Lower Yellowing Epoxy Products
Yahoo
16 days ago
Westlake Announces First Quarter 2024 Earnings Conference Call
Yahoo
a month ago
Westlake (WLK) Up 11% Since Last Earnings Report: Can It Continue?
Zacks
a month ago
Westlake (WLK) Up 11% Since Last Earnings Report: Can It Continue?
Yahoo
2 months ago
Westlake Corporation's (NYSE:WLK) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Yahoo
2 months ago
Westlake to Host Housing & Infrastructure Products-Focused Investor Event
Zacks
2 months ago
Is Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) a Strong ETF Right Now?