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Westlake Chemical Corporation

Basic Materials US WLK

114.96USD
0.01(0.0087%)

Last update at 2024-12-26T18:53:00Z

Day Range

114.48115.30
LowHigh

52 Week Range

96.71143.61
LowHigh

Fundamentals

  • Previous Close 114.95
  • Market Cap18284.44M
  • Volume94043
  • P/E Ratio15.24
  • Dividend Yield1.20%
  • EBITDA2635.00M
  • Revenue TTM13021.00M
  • Revenue Per Share TTM102.01
  • Gross Profit TTM 4073.00M
  • Diluted EPS TTM9.36

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 2946.00M 2677.00M 331.00M 570.00M 1334.00M
Minority interest 50.00M 55.00M 43.00M 41.00M 38.00M
Net income 2247.00M 2015.00M 330.00M 421.00M 996.00M
Selling general administrative 835.00M 551.00M 449.00M 458.00M 445.00M
Selling and marketing expenses - - - - -
Gross profit 4073.00M 3495.00M 1023.00M 1260.00M 1987.00M
Reconciled depreciation 1056.00M 840.00M 773.00M 713.00M 641.00M
Ebit 3050.00M 2800.00M 429.00M 656.00M 1493.00M
Ebitda 4212.00M 3714.00M 1282.00M 1444.00M 2134.00M
Depreciation and amortization 1162.00M 914.00M 853.00M 788.00M 641.00M
Non operating income net other 73.00M 53.00M 44.00M 38.00M 52.00M
Operating income 3050.00M 2800.00M 429.00M 656.00M 1408.00M
Other operating expenses 12711.00M 8957.00M 7039.00M 7425.00M 7194.00M
Interest expense 177.00M 176.00M 142.00M 124.00M 126.00M
Tax provision 649.00M 607.00M -42.00000M 108.00M 300.00M
Interest income 153.00M 176.00M 142.00M 124.00M 126.00M
Net interest income -177.00000M -176.00000M -142.00000M -124.00000M -126.00000M
Extraordinary items - - - - -
Non recurring - - - 37.00M 33.00M
Other items - - - - -
Income tax expense 649.00M 607.00M -42.00000M 108.00M 300.00M
Total revenue 15794.00M 11778.00M 7504.00M 8118.00M 8635.00M
Total operating expenses 990.00M 674.00M 558.00M 567.00M 546.00M
Cost of revenue 11721.00M 8283.00M 6481.00M 6858.00M 6648.00M
Total other income expense net -104.00000M -123.00000M -98.00000M -86.00000M 19.00M
Discontinued operations - - - - -
Net income from continuing ops 2297.00M 2070.00M 373.00M 462.00M 1034.00M
Net income applicable to common shares 2247.00M 2015.00M 330.00M 421.00M 996.00M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 20550.00M 18459.00M 13835.00M 13261.00M 11602.00M
Intangible assets 1565.00M 1580.00M 612.00M 710.00M 659.00M
Earning assets - - - - -
Other current assets 78.00M 80.00M 32.00M 42.00M 38.00M
Total liab 10085.00M 9931.00M 7257.00M 6858.00M 5526.00M
Total stockholder equity 9931.00M 7955.00M 6043.00M 5860.00M 5590.00M
Deferred long term liab 1735.00M 1681.00M 1368.00M 1255.00M 1159.00M
Other current liab -307.00000M 1211.00M 821.00M 768.00M 676.00M
Common stock 1.00M 1.00M 1.00M 1.00M 1.00M
Capital stock 1.00M 1.00M 1.00M 1.00M 1.00M
Retained earnings 9885.00M 7808.00M 5938.00M 5757.00M 5477.00M
Other liab 2404.00M 2676.00M 2334.00M 1804.00M 1675.00M
Good will 2161.00M 2024.00M 1083.00M 1074.00M 1002.00M
Other assets 569.00M 5590.00M 2187.00M 268.00M 251.00M
Cash 2228.00M 1908.00M 1313.00M 728.00M 753.00M
Cash and equivalents 2228.00M 1908.00M 1313.00M 728.00M 753.00M
Total current liabilities 2298.00M 2344.00M 1357.00M 1241.00M 1183.00M
Current deferred revenue 1735.00M - 1368.00M - -
Net debt 2651.00M 3272.00M 2253.00M 2717.00M 1915.00M
Short term debt 0.00000M 269.00M 7.00M 0.00000M 0.00000M
Short long term debt - 269.00M 7.00M - -
Short long term debt total 4879.00M 5180.00M 3566.00M 3445.00M 2668.00M
Other stockholder equity 134.00M 182.00M 168.00M 176.00M 174.00M
Property plant equipment 8525.00M 7606.00M 6920.00M 6912.00M 6595.00M
Total current assets 5973.00M 5263.00M 3477.00M 2742.00M 2842.00M
Long term investments 1142.00M 1007.00M 1059.00M 1112.00M 253.00M
Net tangible assets 6205.00M 4351.00M 4792.00M 4076.00M 3929.00M
Short term investments - - 1059.00M - -
Net receivables 1801.00M 1868.00M 1214.00M 1036.00M 1037.00M
Long term debt 4879.00M 4911.00M 3566.00M 3445.00M 2668.00M
Inventory 1866.00M 1407.00M 918.00M 936.00M 1014.00M
Accounts payable 870.00M 864.00M 529.00M 473.00M 507.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 534.00M 573.00M 535.00M 543.00M 486.00M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -89.00000M -36.00000M -64.00000M -74.00000M -62.00000M
Additional paid in capital - - - - -
Common stock total equity 1.00M 1.00M 1.00M 1.00M 1.00M
Preferred stock total equity - - - - -
Retained earnings total equity 9885.00M 7808.00M 5938.00M 5757.00M 5477.00M
Treasury stock -467.00000M -399.00000M -401.00000M -377.00000M -382.00000M
Accumulated amortization - - - - -
Non currrent assets other -551.00000M 5590.00M 3438.00M 3607.00M 2165.00M
Deferred long term asset charges - - - - -
Non current assets total 14577.00M 13196.00M 10358.00M 10519.00M 8760.00M
Capital lease obligations 504.00M 461.00M 376.00M 355.00M -
Long term debt total 4879.00M 4911.00M 3566.00M 3445.00M 2668.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -2479.00000M -24.00000M 44.00M -1954.00000M -754.00000M
Change to liabilities -16.00000M 481.00M 113.00M -102.00000M -108.00000M
Total cashflows from investing activities -2479.00000M -3213.00000M -509.00000M -1954.00000M -754.00000M
Net borrowings -250.00000M 1661.00M 28.00M 786.00M -1165.00000M
Total cash from financing activities -587.00000M 1437.00M -216.00000M 630.00M -1427.00000M
Change to operating activities -56.00000M -614.00000M -78.00000M -85.00000M -93.00000M
Net income 2297.00M 2070.00M 373.00M 462.00M 1034.00M
Change in cash 305.00M 604.00M 587.00M -25.00000M -779.00000M
Begin period cash flow 1941.00M 1337.00M 750.00M 775.00M 1554.00M
End period cash flow 2246.00M 1941.00M 1337.00M 750.00M 775.00M
Total cash from operating activities 3395.00M 2394.00M 1297.00M 1301.00M 1409.00M
Issuance of capital stock - 0.00000M 0.00000M 63.00M 0.00000M
Depreciation 1056.00M 840.00M 773.00M 713.00M 641.00M
Other cashflows from investing activities -1371.00000M -2555.00000M -28.00000M -1167.00000M -52.00000M
Dividends paid 169.00M 145.00M 137.00M 132.00M 120.00M
Change to inventory -140.00000M -309.00000M 29.00M 112.00M -123.00000M
Change to account receivables 325.00M -528.00000M -161.00000M 59.00M -58.00000M
Sale purchase of stock -101.00000M -30.00000M -54.00000M -30.00000M -106.00000M
Other cashflows from financing activities -67.00000M 1612.00M -53.00000M 747.00M -36.00000M
Change to netincome 66.00M 98.00M 229.00M 129.00M 108.00M
Capital expenditures 1108.00M 658.00M 525.00M 787.00M 702.00M
Change receivables 325.00M -528.00000M -161.00000M 59.00M -58.00000M
Cash flows other operating -193.00000M -258.00000M -59.00000M -72.00000M -85.00000M
Exchange rate changes - - - - -
Cash and cash equivalents changes 329.00M 618.00M 572.00M -23.00000M -772.00000M
Change in working capital -24.00000M -614.00000M -78.00000M -3.00000M -374.00000M
Stock based compensation 36.00M 31.00M 29.00M 25.00M 22.00M
Other non cash items 51.00M 44.00M 54.00M 50.00M 24.00M
Free cash flow 2287.00M 1736.00M 772.00M 514.00M 707.00M

Peer Comparison

Sector: Basic Materials Industry: Specialty Chemicals

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
WLK
Westlake Chemical Corporation
0.01 0.0087% 114.96 15.24 14.06 1.38 1.67 1.56 7.23
LIN
Linde plc Ordinary Shares
-0.45 0.11% 425.32 33.77 28.90 6.56 5.42 7.03 18.92
AIQUF
L'Air Liquide S.A
1.82 1.14% 162.07 29.39 24.69 3.41 3.97 3.87 15.91
AIQUY
Air Liquide SA ADR
0.22 0.68% 32.40 30.34 23.04 3.63 3.77 3.88 15.62
SHW
Sherwin-Williams Co
-0.94 0.27% 345.58 33.33 27.40 3.38 20.60 3.88 21.36

Reports Covered

Stock Research & News

Profile

Westlake Corporation manufactures and markets performance and essential materials, and housing and infrastructure products in the United States, Canada, Germany, China, Italy, Taiwan, and internationally. The Performance and Essential Materials segment offers polyethylene, styrene monomer, ethylene co-products, polyvinyl chloride (PVC), vinyl chloride monomer, ethylene dichloride chlor-alkali, chlorinated derivative products, and epoxy resins. The Housing and Infrastructure Products segment provides residential PVC siding; PVC trim and mouldings; architectural stone veneer; 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. The company 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. The company was founded in 1986 and is headquartered in Houston, Texas. Westlake Corporation operates as a subsidiary of TTWF LP.

Westlake Chemical Corporation

2801 Post Oak Boulevard, Houston, TX, United States, 77056

Key Executives

Name Title Year Born
Mr. James Y. Chao Exec. Chairman 1948
Mr. Albert Yuan Chao Pres, CEO & Director 1950
Mr. Mark Steven Bender CPA Exec. VP & CFO 1957
Mr. Roger Lester Kearns COO and Exec. VP of Performance & Essential Materials 1963
Mr. Robert F. Buesinger Exec. VP of Housing, Infrastructure Products, IT & Digital 1957
Mr. Johnathan Stevan Zoeller VP & Chief Accounting Officer 1976
Mr. L. Benjamin Ederington Exec. VP, Gen. Counsel, Chief Admin. Officer & Corp. Sec. 1971
Lawrence Schubert VP of Corp. Devel. & Sustainability NA
Dr. Karl-Martin Schellerer Managing Director of Vinnolit Bus. and VP NA
Thomas J. Janssens Sr. VP of Operations, PEM & Corp. Logistics NA

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