Westlake Corp financial data

Symbol
WLK on NYSE
Industry
Industrial Organic Chemicals
Location
2801 Post Oak Blvd, Suite 600, Houston, Texas
State of incorporation
Delaware
Fiscal year end
December 31
Former names
WESTLAKE CHEMICAL CORP (to 2/1/2022)
Latest financial report
Q1 2024 - May 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 256 % -0.42%
Quick Ratio 64.7 % -21.3%
Debt-to-equity 96.5 % -6.96%
Return On Equity 2.36 % -87%
Return On Assets 1.23 % -86.6%
Operating Margin 3.42 % -79.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 129M shares +0.73%
Entity Public Float 3.9B USD +21.9%
Common Stock, Value, Issued 1M USD 0%
Weighted Average Number of Shares Outstanding, Basic 128M shares +0.64%
Weighted Average Number of Shares Outstanding, Diluted 129M shares +0.44%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 12.2B USD -19.4%
Operating Income (Loss) 416M USD -83.7%
Nonoperating Income (Expense) 164M USD +95.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 417M USD -83.1%
Income Tax Expense (Benefit) 117M USD -77.7%
Net Income (Loss) Attributable to Parent 259M USD -86.3%
Earnings Per Share, Basic 2.01 USD/shares -86.3%
Earnings Per Share, Diluted 1.99 USD/shares -86.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.11B USD +28.7%
Accounts Receivable, after Allowance for Credit Loss, Current 1.52B USD -12.3%
Inventory, Net 1.66B USD -9.83%
Assets, Current 6.53B USD +6.18%
Property, Plant and Equipment, Net 8.52B USD +0.06%
Operating Lease, Right-of-Use Asset 706M USD +9.8%
Goodwill 2.04B USD -6%
Assets 21B USD +0.74%
Accounts Payable, Current 891M USD +7.61%
Accrued Liabilities, Current 1.46B USD +9.99%
Liabilities, Current 2.66B USD +23%
Deferred Income Tax Liabilities, Net 1.54B USD -10%
Operating Lease, Liability, Noncurrent 622M USD +17.1%
Other Liabilities, Noncurrent 343M USD +6.19%
Liabilities 10.1B USD +1.29%
Accumulated Other Comprehensive Income (Loss), Net of Tax -132M USD -97%
Retained Earnings (Accumulated Deficit) 10.3B USD +0.2%
Stockholders' Equity Attributable to Parent 10.3B USD +0.39%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 10.9B USD +0.23%
Liabilities and Equity 21B USD +0.74%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 169M USD -67%
Net Cash Provided by (Used in) Financing Activities -74M USD +1.33%
Net Cash Provided by (Used in) Investing Activities -272M USD -3.42%
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 135M shares 0%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -195M USD -207%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.12B USD +28.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 52M USD -3.7%
Deferred Tax Assets, Valuation Allowance 118M USD +151%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 784M USD +28.1%
Operating Lease, Liability 735M USD +18.5%
Depreciation 763M USD +0.13%
Payments to Acquire Property, Plant, and Equipment 272M USD +1.87%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 194M USD -89.6%
Lessee, Operating Lease, Liability, to be Paid 910M USD +23.5%
Property, Plant and Equipment, Gross 12.8B USD +4.19%
Operating Lease, Liability, Current 124M USD +6.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 122M USD +13%
Lessee, Operating Lease, Liability, to be Paid, Year One 142M USD +10.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +34.5%
Deferred Income Tax Expense (Benefit) -22M USD -37.5%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 175M USD +49.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 108M USD +24.1%
Deferred Tax Assets, Operating Loss Carryforwards 166M USD +61.2%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -82M USD -8100%
Current Income Tax Expense (Benefit) 353M USD -47.3%
Preferred Stock, Shares Authorized 50M shares 0%
Unrecognized Tax Benefits 38M USD +26.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 95M USD +28.4%
Operating Lease, Payments 139M USD +3.73%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 26M USD -64.9%
Current Federal Tax Expense (Benefit) 229M USD -51.6%
Amortization of Intangible Assets 121M USD -16%
Depreciation, Depletion and Amortization 1.1B USD +3.47%
Deferred Tax Assets, Net of Valuation Allowance 12M USD -25%
Share-based Payment Arrangement, Expense 40M USD +14.3%
Deferred State and Local Income Tax Expense (Benefit) -31M USD -121%
Interest Expense 163M USD -5.78%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%