Financial Snapshot

Revenue
$12.13B
TTM
Gross Margin
14.85%
TTM
Net Earnings
$100.0M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
278.56%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$11.19B
Q3 2024
Cash
Q3 2024
P/E
161.9
Nov 29, 2024 EST
Free Cash Flow
$448.0M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue $12.55B $15.79B $11.78B $7.504B $8.118B $8.635B $8.041B $5.076B $108.4M $147.9M $322.4M $319.9M $446.4M $3.172B $2.326B $3.692B $3.192B $2.484B $2.441B $1.985B $1.423B $1.073B $1.087B $1.392B
YoY Change -20.55% 34.1% 56.96% -7.56% -5.99% 7.39% 58.41% 4584.64% -26.75% -54.12% 0.78% -28.33% -85.93% 36.38% -37.01% 15.67% 28.49% 1.77% 22.95% 39.52% 32.67% -1.32% -21.93% 31.54%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue $12.55B $15.79B $11.78B $7.504B $8.118B $8.635B $8.041B $5.076B $108.4M $147.9M $322.4M $319.9M $446.4M $3.172B $2.326B $3.692B $3.192B $2.484B $2.441B $1.985B $1.423B $1.073B $1.087B $1.392B
Cost Of Revenue $10.33B $11.72B $8.283B $6.481B $6.858B $6.648B $6.280B $4.093B $3.278B $3.098B $2.658B $2.834B $3.061B $2.689B $2.131B $3.623B $2.921B $2.088B $1.998B $1.682B $1.301B $992.1M $1.117B $1.193B
Gross Profit $2.219B $4.073B $3.495B $1.023B $1.260B $1.987B $1.761B $983.0M $1.185B $1.317B $1.101B $737.0M $559.0M $482.7M $195.1M $69.40M $271.4M $396.5M $443.6M $303.2M $122.0M $80.60M -$29.90M $198.9M
Gross Profit Margin 17.68% 25.79% 29.67% 13.63% 15.52% 23.01% 21.9% 19.37% 1093.64% 890.56% 341.63% 230.35% 125.24% 15.22% 8.39% 1.88% 8.5% 15.96% 18.17% 15.27% 8.57% 7.51% -2.75% 14.29%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Selling, General & Admin $865.0M $835.0M $551.0M $449.0M $458.0M $445.0M $399.0M $258.0M $218.0M $183.7M $148.0M $121.6M $112.2M $104.3M $87.90M $98.90M $96.70M $83.20M $76.60M $60.20M $57.00M $64.30M $53.20M $62.00M
YoY Change 3.59% 51.54% 22.72% -1.97% 2.92% 11.53% 54.65% 18.35% 18.64% 24.17% 21.68% 8.38% 7.56% 18.68% -11.12% 2.28% 16.23% 8.62% 27.24% 5.61% -11.35% 20.86% -14.19% 27.84%
% of Gross Profit 38.98% 20.5% 15.77% 43.89% 36.35% 22.4% 22.66% 26.25% 18.4% 13.95% 13.43% 16.5% 20.07% 21.61% 45.05% 142.51% 35.63% 20.98% 17.27% 19.85% 46.72% 79.78% 31.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.097B $1.056B $840.0M $773.0M $713.0M $641.0M $601.0M $378.0M $246.0M $208.5M $157.8M $144.5M $131.4M $128.7M $123.2M $111.9M $103.5M $86.30M $81.20M $81.10M $87.30M $88.00M $81.70M
YoY Change 3.88% 25.71% 8.67% 8.42% 11.23% 6.66% 58.99% 53.66% 17.99% 32.11% 9.18% 10.0% 2.07% 4.49% 10.1% 8.12% 19.93% 6.28% 0.12% -7.1% -0.8% 7.71%
% of Gross Profit 49.44% 25.93% 24.03% 75.56% 56.59% 32.26% 34.13% 38.45% 20.76% 15.83% 14.33% 19.61% 23.51% 26.67% 63.15% 161.24% 38.14% 21.77% 18.3% 26.75% 71.56% 109.18%
Operating Expenses $865.0M $835.0M $551.0M $449.0M $458.0M $445.0M $399.0M $258.0M $218.0M $183.7M $148.0M $121.6M $112.2M $104.3M $87.90M $98.90M $96.70M $83.20M $76.60M $60.20M $57.00M $64.30M $53.10M $62.00M
YoY Change 3.59% 51.54% 22.72% -1.97% 2.92% 11.53% 54.65% 18.35% 18.64% 24.17% 21.68% 8.38% 7.56% 18.68% -11.12% 2.28% 16.23% 8.62% 27.24% 5.61% -11.35% 21.09% -14.35% 27.57%
Operating Profit $729.0M $3.050B $2.800B $429.0M $656.0M $1.408B $1.225B $583.0M $960.0M $1.124B $953.5M $615.4M $446.8M $378.4M $107.2M -$29.50M $174.7M $313.3M $367.0M $243.0M $65.00M $16.30M -$83.00M $136.9M
YoY Change -76.1% 8.93% 552.68% -34.6% -53.41% 14.94% 110.12% -39.27% -14.59% 17.88% 54.95% 37.73% 18.09% 252.95% -463.39% -116.89% -44.24% -14.63% 51.03% 273.85% 298.77% -119.64% -160.63% 6.62%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Interest Expense $165.0M $177.0M $176.0M $142.0M $124.0M $126.0M $159.0M $79.00M $35.00M $37.35M $18.08M $43.05M $50.99M $39.88M -$29.80M -$28.80M -$12.70M -$4.700M -$21.30M -$40.80M -$35.90M -$33.00M -$33.40M -$37.30M
YoY Change -6.78% 0.57% 23.94% 14.52% -1.59% -20.75% 101.27% 125.71% -6.3% 106.57% -58.0% -15.58% 27.88% -233.81% 3.47% 126.77% 170.21% -77.93% -47.79% 13.65% 8.79% -1.2% -10.46% -21.47%
% of Operating Profit 22.63% 5.8% 6.29% 33.1% 18.9% 8.95% 12.98% 13.55% 3.65% 3.32% 1.9% 7.0% 11.41% 10.54% -27.8% -7.27% -1.5% -5.8% -16.79% -55.23% -202.45% -27.25%
Other Income/Expense, Net $136.0M $73.00M $53.00M $44.00M $38.00M $52.00M $15.00M $54.00M $38.00M -$2.721M $6.790M $3.520M $5.628M $4.471M $1.300M $300.0K -$2.100M -$200.0K $200.0K $4.000M $5.000M $4.800M $6.800M $1.900M
YoY Change 86.3% 37.74% 20.45% 15.79% -26.92% 246.67% -72.22% 42.11% -1496.55% -140.07% 92.9% -37.46% 25.88% 243.92% 333.33% -114.29% 950.0% -200.0% -95.0% -20.0% 4.17% -29.41% 257.89% -73.97%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Pretax Income $700.0M $2.946B $2.677B $331.0M $570.0M $1.334B $1.081B $558.0M $963.0M $1.084B $942.2M $586.6M $404.4M $339.4M $78.80M -$58.00M $159.0M $282.5M $345.3M $190.7M $23.50M -$14.20M -$117.3M $90.70M
YoY Change -76.24% 10.05% 708.76% -41.93% -57.27% 23.4% 93.73% -42.06% -11.16% 15.04% 60.61% 45.05% 19.16% 330.69% -235.86% -136.48% -43.72% -18.19% 81.07% 711.49% -265.49% -87.89% -229.33% 6.08%
Income Tax $178.0M $649.0M $607.0M -$42.00M $108.0M $300.0M -$258.0M $138.0M $298.0M $398.9M $331.7M $199.6M $142.5M $121.6M $25.80M -$28.50M $44.20M $88.00M $118.5M $69.90M $8.700M -$7.100M -$45.40M $35.70M
% Of Pretax Income 25.43% 22.03% 22.67% -12.69% 18.95% 22.49% -23.87% 24.73% 30.94% 36.8% 35.21% 34.03% 35.23% 35.82% 32.74% 27.8% 31.15% 34.32% 36.65% 37.02% 39.36%
Net Earnings $479.0M $2.247B $2.015B $330.0M $421.0M $996.0M $1.304B $399.0M $646.0M $678.5M $610.4M $385.6M $259.0M $221.4M $53.00M -$29.50M $114.7M $194.6M $226.8M $120.7M $14.80M -$7.100M -$72.00M $55.00M
YoY Change -78.68% 11.51% 510.61% -21.62% -57.73% -23.62% 226.82% -38.24% -4.79% 11.16% 58.32% 48.88% 16.97% 317.72% -279.66% -125.72% -41.06% -14.2% 87.9% 715.54% -308.45% -90.14% -230.91% -0.36%
Net Earnings / Revenue 3.82% 14.23% 17.11% 4.4% 5.19% 11.53% 16.22% 7.86% 596.19% 458.7% 189.33% 120.51% 58.02% 6.98% 2.28% -0.8% 3.59% 7.83% 9.29% 6.08% 1.04% -0.66% -6.62% 3.95%
Basic Earnings Per Share $3.73 $17.46 $15.66 $2.57 $3.26 $7.66 $10.05 $3.07 $4.88 $5.09 $4.57 $2.89 $3.89 $3.35
Diluted Earnings Per Share $3.70 $17.34 $15.58 $2.56 $3.25 $7.62 $10.00 $3.06 $4.86 $5.07 $4.55 $2.88 $3.87 $3.34 $405.2K -$226.1K $878.3K $1.491M $1.738M $1.090M $149.5K -$71.72K -$727.3K $555.6K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Cash & Short-Term Investments $3.304B $2.228B $1.908B $1.313B $728.0M $753.0M $1.531B $459.0M $1.183B $881.0M $701.0M $915.0M $826.0M $630.0M $246.0M $90.00M $25.00M $53.00M $238.0M $43.00M $37.00M $11.00M
YoY Change 48.29% 16.77% 45.32% 80.36% -3.32% -50.82% 233.55% -61.2% 34.28% 25.68% -23.39% 10.77% 31.11% 156.1% 173.33% 260.0% -52.83% -77.73% 453.49% 16.22% 236.36%
Cash & Equivalents $3.304B $2.228B $1.908B $1.313B $728.0M $753.0M $1.531B $459.0M $663.0M $881.0M $461.0M $790.0M $826.0M $630.0M $246.0M $90.00M $25.00M $53.00M $238.0M $43.00M $37.00M $11.00M
Short-Term Investments $0.00 $520.0M $0.00 $239.0M $125.0M
Other Short-Term Assets $82.00M $78.00M $80.00M $32.00M $42.00M $38.00M $31.00M $216.0M $53.00M $48.00M $48.00M $52.00M $32.00M $32.00M $33.00M $34.00M $32.00M $32.00M $22.00M $75.00M $16.00M $31.00M
YoY Change 5.13% -2.5% 150.0% -23.81% 10.53% 22.58% -85.65% 307.55% 10.42% 0.0% -7.69% 62.5% 0.0% -3.03% -2.94% 6.25% 0.0% 45.45% -70.67% 368.75% -48.39%
Inventory $1.622B $1.866B $1.407B $918.0M $936.0M $1.014B $900.0M $801.0M $434.0M $526.0M $472.0M $399.0M $491.0M $450.0M $369.0M $328.0M $528.0M $456.0M $340.0M $320.0M $181.0M $171.0M
Prepaid Expenses
Receivables $1.393B $1.651B $1.741B $1.078B $938.0M $952.0M $961.0M $810.0M $424.0M $513.0M $399.0M $378.0M $381.0M $344.0M $300.0M $280.0M $496.0M $293.0M $298.0M $225.0M $172.0M $119.0M
Other Receivables $208.0M $150.0M $127.0M $136.0M $98.00M $85.00M $40.00M $121.0M $81.00M $45.00M $29.00M $8.000M $26.00M $19.00M $40.00M $67.00M $11.00M $16.00M $5.000M $9.000M $7.000M $4.000M
Total Short-Term Assets $6.609B $5.973B $5.263B $3.477B $2.742B $2.842B $3.463B $2.408B $2.175B $2.011B $1.649B $1.751B $1.756B $1.476B $988.0M $799.0M $1.092B $850.0M $903.0M $672.0M $413.0M $337.0M
YoY Change 10.65% 13.49% 51.37% 26.81% -3.52% -17.93% 43.81% 10.71% 8.16% 21.95% -5.83% -0.28% 18.97% 49.39% 23.65% -26.83% 28.47% -5.87% 34.38% 62.71% 22.55%
Property, Plant & Equipment $9.216B $9.140B $8.168B $7.381B $7.355B $6.595B $6.412B $6.420B $3.004B $2.758B $2.088B $1.510B $1.232B $1.170B $1.194B $1.197B $1.126B $1.077B $863.0M $855.0M $880.0M $911.0M
YoY Change 0.83% 11.9% 10.66% 0.35% 11.52% 2.85% -0.12% 113.72% 8.92% 32.09% 38.28% 22.56% 5.3% -2.01% -0.25% 6.31% 4.55% 24.8% 0.94% -2.84% -3.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.115B $1.142B $1.007B $1.059B $1.112B $130.0M $61.00M $134.0M $67.00M $44.00M $77.00M $46.00M $34.00M $30.00M $29.00M $26.00M $20.00M $18.00M $17.00M $15.00M
YoY Change -2.36% 13.41% -4.91% -4.77% 113.11% -54.48% 100.0% 52.27% -42.86% 67.39% 35.29% 13.33% 3.45% 11.54% 30.0% 11.11% 5.88% 13.33%
Other Assets $651.0M $569.0M $417.0M $223.0M $268.0M $504.0M $412.0M $197.0M $116.0M $92.00M $97.00M $58.00M $150.0M $206.0M $168.0M $194.0M $251.0M $48.00M $18.00M $23.00M $30.00M $17.00M
YoY Change 14.41% 36.45% 87.0% -16.79% -46.83% 22.33% 109.14% 69.83% 26.09% -5.15% 67.24% -61.33% -27.18% 22.62% -13.4% -22.71% 422.92% 166.67% -21.74% -23.33% 76.47%
Total Long-Term Assets $14.43B $14.58B $13.20B $10.36B $10.52B $8.760B $8.613B $8.482B $3.394B $3.203B $2.412B $1.661B $1.511B $1.478B $1.458B $1.488B $1.477B $1.232B $924.0M $920.0M $957.0M $972.0M
YoY Change -1.04% 10.47% 27.4% -1.53% 20.08% 1.71% 1.54% 149.91% 5.96% 32.79% 45.21% 9.93% 2.23% 1.37% -2.02% 0.74% 19.89% 33.33% 0.43% -3.87% -1.54%
Total Assets $21.04B $20.55B $18.46B $13.84B $13.26B $11.60B $12.08B $10.89B $5.569B $5.214B $4.061B $3.412B $3.267B $2.954B $2.446B $2.287B $2.569B $2.082B $1.827B $1.592B $1.370B $1.309B
YoY Change
Accounts Payable $864.0M $886.0M $864.0M $536.0M $473.0M $507.0M $600.0M $495.0M $235.0M $261.0M $250.0M $217.0M $227.0M $205.0M $179.0M $113.0M $315.0M $239.0M $200.0M $147.0M $93.00M $68.00M
YoY Change -2.48% 2.55% 61.19% 13.32% -6.71% -15.5% 21.21% 110.64% -9.96% 4.4% 15.21% -4.41% 10.73% 14.53% 58.41% -64.13% 31.8% 19.5% 36.05% 58.06% 36.76%
Accrued Expenses $1.614B $1.409B $1.196B $821.0M $768.0M $676.0M $657.0M $536.0M $278.0M $266.0M $155.0M $168.0M $138.0M $119.0M $107.0M $99.00M $126.0M $83.00M $105.0M $102.0M $94.00M $68.00M
YoY Change 14.55% 17.81% 45.68% 6.9% 13.61% 2.89% 22.57% 92.81% 4.51% 71.61% -7.74% 21.74% 15.97% 11.21% 8.08% -21.43% 51.81% -20.95% 2.94% 8.51% 38.24%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $151.0M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $312.0M $3.000M $284.0M $0.00 $710.0M $0.00 $1.000M $1.000M $28.00M $42.00M
YoY Change 10300.0% -98.94% -100.0% -100.0% 0.0% -96.43% -33.33%
Total Short-Term Liabilities $2.790B $2.298B $2.344B $1.357B $1.241B $1.183B $1.967B $1.183B $523.0M $537.0M $405.0M $399.0M $365.0M $324.0M $287.0M $212.0M $441.0M $322.0M $306.0M $250.0M $215.0M $178.0M
YoY Change 21.41% -1.96% 72.73% 9.35% 4.9% -39.86% 66.27% 126.2% -2.61% 32.59% 1.5% 9.32% 12.65% 12.89% 35.38% -51.93% 36.96% 5.23% 22.4% 16.28% 20.79%
Long-Term Debt $4.607B $4.879B $4.911B $3.566B $3.445B $2.668B $3.127B $3.679B $758.0M $764.0M $764.0M $764.0M $765.0M $764.0M $515.0M $510.0M $511.0M $260.0M $266.0M $297.0M $509.0M $492.0M
YoY Change -5.57% -0.65% 37.72% 3.51% 29.12% -14.68% -15.0% 385.36% -0.79% 0.0% 0.0% -0.13% 0.13% 48.35% 0.98% -0.2% 96.54% -2.26% -10.44% -41.65% 3.46%
Other Long-Term Liabilities $1.314B $1.173B $995.0M $966.0M $917.0M $516.0M $502.0M $486.0M $151.0M $175.0M $36.00M $51.00M $51.00M $45.00M $50.00M $45.00M $42.00M $45.00M $40.00M $41.00M $42.00M $50.00M
YoY Change 12.02% 17.89% 3.0% 5.34% 77.71% 2.79% 3.29% 221.85% -13.71% 386.11% -29.41% 0.0% 13.33% -10.0% 11.11% 7.14% -6.67% 12.5% -2.44% -2.38% -16.0%
Total Long-Term Liabilities $5.921B $6.052B $5.906B $4.532B $4.362B $3.184B $3.629B $4.165B $909.0M $939.0M $800.0M $815.0M $816.0M $809.0M $565.0M $555.0M $553.0M $305.0M $306.0M $338.0M $551.0M $542.0M
YoY Change -2.16% 2.47% 30.32% 3.9% 37.0% -12.26% -12.87% 358.2% -3.19% 17.38% -1.84% -0.12% 0.87% 43.19% 1.8% 0.36% 81.31% -0.33% -9.47% -38.66% 1.66%
Total Liabilities $10.79B $10.62B $10.50B $7.792B $7.401B $6.012B $7.202B $7.367B $2.303B $2.302B $1.642B $1.540B $1.511B $1.449B $1.161B $1.048B $1.283B $909.0M $833.0M $823.0M $925.0M $881.0M
YoY Change 1.65% 1.09% 34.8% 5.28% 23.1% -16.52% -2.24% 219.89% 0.04% 40.19% 6.62% 1.92% 4.28% 24.81% 10.78% -18.32% 41.14% 9.12% 1.22% -11.03% 4.99%

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Market Cap: $16.194 Billion

About WESTLAKE CORP

Westlake Corp. Is a global diversified industrial company, which engages in the manufacturing and supplying of essential products. The company is headquartered in Houston, Texas and currently employs 15,520 full-time employees. The company went IPO on 2004-08-11. The firm has operations in Asia, Europe, and North America. The company provides building blocks for solutions from housing and construction to packaging and healthcare to automotive and the consumer. Its segments include Performance and Essential Materials and Housing and Infrastructure Products. The Performance and Essential Materials includes Westlake North American Vinyls, Westlake North American Chlor-alkali & Derivatives, Westlake European & Asian Chlorovinyls, Westlake Olefins, Westlake Polyethylene and Westlake Epoxy. The Housing and Infrastructure Products include Westlake Royal Building Products, Westlake Pipe and Fittings, Westlake Global Compounds and Westlake Dimex. Its products are used in diverse consumer and industrial markets, including residential construction, automotive products, water treatment, wind turbines, coatings as well as other durable and non-durable goods.

Industry: Industrial Organic Chemicals Peers: AdvanSix Inc. CABOT CORP DOW INC. KRONOS WORLDWIDE INC OLIN Corp PureCycle Technologies, Inc. Mativ Holdings, Inc. Tronox Holdings plc VALVOLINE INC