WLK
$63.33-0.44%
WLK financial statements
The full income statement, balance sheet, and cash-flow statement for Westlake Corporation (WLK), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 128.6M2024-09 128.7M2024-12 128.2M2025-03 128.2M2025-06 128.2M2025-09 128.3M2025-12 127.9M2026-03 128.1M2026-06 127.8M-0.6% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 11.2B-8.0% | 12.1B-3.2% | 12.5B-20.6% | 15.8B+34.1% | 11.8B+57.0% | |
| 813M-58.5% | 1.96B-11.8% | 2.22B-45.5% | 4.07B+16.5% | 3.50B+241.6% | ||
| Cost of revenue | 10.4B+1.7% | 10.2B-1.4% | 10.3B-11.9% | 11.7B+41.5% | 8.28B+27.8% | |
| Selling, general & administrative | 900M+3.0% | 874M+1.0% | 865M+3.6% | 835M+51.5% | 551M+22.7% | |
| Restructuring | — | 75.0M | — | — | — | |
| Amortization of intangibles | 124M+6.0% | 117M-4.1% | 122M-21.3% | 155M+26.0% | 123M+12.8% | |
| Operating income | -1.58B-280.3% | 875M+20.0% | 729M-76.1% | 3.05B+8.9% | 2.80B+552.7% | |
| Interest expense | 171M+7.5% | 159M-3.6% | 165M-6.8% | 177M+0.6% | 176M+23.9% | |
| Other non-operating income | 152M-31.5% | 222M+63.2% | 136M+86.3% | 73.0M+37.7% | 53.0M+20.5% | |
| Pre-tax income | -1.60B-270.3% | 938M+34.0% | 700M-76.2% | 2.95B+10.0% | 2.68B+708.8% | |
| Income tax | -126M-143.3% | 291M+63.5% | 178M-72.6% | 649M+6.9% | 607M+1545.2% | |
| -1.51B-350.5% | 602M+25.7% | 479M-78.7% | 2.25B+11.5% | 2.02B+510.6% | ||
| Net income to non-controlling interest | 37.0M-17.8% | 45.0M+4.7% | 43.0M-14.0% | 50.0M-9.1% | 55.0M+27.9% | |
| -$11.70-352.2% | $4.64+25.4% | $3.70-78.7% | $17.34+11.3% | $15.58+508.6% | ||
| EPS (basic) | -$11.70-351.1% | $4.66+24.9% | $3.73-78.6% | $17.46+11.5% | $15.66+509.3% | |
| Weighted-avg shares (basic) | 128M-0.2% | 129M+0.6% | 128M-0.1% | 128M-0.0% | 128M+0.1% | |
| Weighted-avg shares (diluted) | 128M-0.7% | 129M+0.5% | 129M-0.2% | 129M+0.1% | 129M+0.5% | |
| Dividends per share | $2.11+2.9% | $2.05+19.6% | $1.71+30.9% | $1.31+15.3% | $1.14+6.6% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 6.22B+0.0% | 6.21B-6.0% | 6.61B+10.6% | 5.97B+13.5% | 5.26B+51.4% | ||
| Cash & equivalents | 2.72B-6.7% | 2.92B-11.7% | 3.30B+48.3% | 2.23B+16.8% | 1.91B+45.3% | |
| Accounts receivable | 1.23B-6.5% | 1.31B-5.6% | 1.39B-15.6% | 1.65B-5.2% | 1.74B+61.5% | |
| Inventory | 1.65B-2.6% | 1.70B+4.6% | 1.62B-13.1% | 1.87B+32.6% | 1.41B+53.3% | |
| Prepaid expenses | 131M+13.9% | 115M+40.2% | 82.0M+5.1% | 78.0M-2.5% | 80.0M+150.0% | |
| 20.0B-3.8% | 20.8B-1.4% | 21.0B+2.4% | 20.6B+11.3% | 18.5B+33.4% | ||
| Property, plant & equipment | 8.61B-0.3% | 8.63B+1.3% | 8.52B+0.5% | 8.48B+11.5% | 7.61B+9.9% | |
| Operating lease right-of-use | 798M-0.4% | 801M+14.9% | 697M+13.3% | 615M+9.4% | 562M+21.9% | |
| Goodwill | 1.31B-35.3% | 2.03B-0.5% | 2.04B-5.6% | 2.16B+6.8% | 2.02B+86.9% | |
| Intangible assets | 743M-9.4% | 820M-9.9% | 910M-8.4% | 993M-8.3% | 1.08B+143.9% | |
| 2.77B+24.8% | 2.22B-20.5% | 2.79B+21.4% | 2.30B-2.0% | 2.34B+72.7% | ||
| Accounts payable | 783M-8.0% | 851M-3.0% | 877M-1.3% | 889M+1.1% | 879M+64.0% | |
| Accrued liabilities | 1.49B+9.4% | 1.36B-15.6% | 1.61B+14.5% | 1.41B+17.8% | 1.20B+45.7% | |
| Short-term & current debt | 497M+8183.3% | 6.00M-98.0% | 299M | 0.00-100.0% | 269M | |
| Current lease liability | 138M+7.8% | 128M+3.2% | 124M+6.9% | 116M+9.4% | 106M+19.1% | |
| 10.7B+9.9% | 9.71B-5.5% | 10.3B+1.8% | 10.1B+1.6% | 9.93B+36.8% | ||
| Long-term debt | 5.09B+11.7% | 4.56B-1.1% | 4.61B-5.6% | 4.88B-0.7% | 4.91B+37.7% | |
| Non-current lease liability | 688M-3.5% | 713M+16.7% | 611M+21.2% | 504M+9.3% | 461M+22.6% | |
| Operating lease liability (total) | 826M-1.8% | 841M+14.4% | 735M+18.5% | 620M+9.3% | 567M+21.9% | |
| Deferred tax liabilities | 1.34B-13.5% | 1.55B-0.4% | 1.56B-10.1% | 1.74B+3.2% | 1.68B+22.9% | |
| Other non-current liabilities | 492M+35.9% | 362M+6.5% | 340M+8.3% | 314M+29.2% | 243M+22.1% | |
| 8.79B-16.5% | 10.5B+2.8% | 10.2B+3.1% | 9.93B+24.8% | 7.96B+31.6% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | |
| Additional paid-in capital | 683M+4.1% | 656M+4.1% | 630M+4.8% | 601M+3.4% | 581M+2.1% | |
| Retained earnings | 8.70B-17.0% | 10.5B+3.3% | 10.1B+2.6% | 9.88B+26.6% | 7.81B+31.5% | |
| Treasury stock | 513M+9.9% | 467M+7.4% | 435M-6.9% | 467M+17.0% | 399M-0.5% | |
| Accumulated other comprehensive income | -80.0M+44.4% | -144M-46.9% | -98.0M-10.1% | -89.0M-147.2% | -36.0M+43.8% | |
| Non-controlling interest | 503M-2.5% | 516M-1.3% | 523M-2.1% | 534M-6.8% | 573M+7.1% | |
| Total equity incl. non-controlling | 9.29B-15.8% | 11.0B+2.6% | 10.8B+2.9% | 10.5B+22.7% | 8.53B+29.6% | |
| Total liabilities & equity | 20.0B-3.8% | 20.8B-1.4% | 21.0B+2.4% | 20.6B+11.3% | 18.5B+33.4% | |
| Common shares issued | 135M+0.0% | 135M+0.0% | 135M+0.0% | 135M+0.0% | 135M+0.0% | |
| Shares outstanding (cover) | 128M-0.2% | 128M+0.0% | 128M+0.7% | 127M-0.4% | 128M+0.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 465M-64.6% | 1.31B-43.8% | 2.34B-31.2% | 3.40B+41.8% | 2.39B+84.6% | ||
| Depreciation & amortization | 1.18B+5.7% | 1.11B+1.5% | 1.10B+3.9% | 1.06B+25.7% | 840M+8.7% | |
| Intangible amortization | 124M+6.0% | 117M-4.1% | 122M-21.3% | 155M+26.0% | 123M+12.8% | |
| Share-based compensation | 41.0M+0.0% | 41.0M-4.7% | 43.0M+19.4% | 36.0M+16.1% | 31.0M+6.9% | |
| Deferred income taxes | -177M-405.7% | -35.0M+80.0% | -175M-733.3% | -21.0M-191.3% | 23.0M-84.2% | |
| Change in inventory | -51.0M-152.6% | 97.0M+138.8% | -250M-278.6% | 140M-54.7% | 309M+1165.5% | |
| Change in payables | -67.0M-235.0% | -20.0M+23.1% | -26.0M+83.0% | -153M-163.2% | 242M+261.2% | |
| Other operating activities | -7.00M+74.1% | -27.0M-800.0% | -3.00M-160.0% | 5.00M-68.8% | 16.0M-23.8% | |
| -1.22B-22.2% | -1.00B+3.5% | -1.04B+58.2% | -2.48B+22.8% | -3.21B-531.2% | ||
| Capital expenditure | 995M-1.3% | 1.01B-2.5% | 1.03B-6.7% | 1.11B+68.4% | 658M+25.3% | |
| Free cash flow | -530M-273.2% | 306M-76.5% | 1.30B-43.1% | 2.29B+31.7% | 1.74B+124.9% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 1.20B-52.9% | 2.55B | |
| Other investing activities | -9.00M+72.7% | -33.0M-50.0% | -22.0M-83.3% | -12.0M+47.8% | -23.0M-330.0% | |
| 530M+181.5% | -650M-165.3% | -245M+58.3% | -587M-140.8% | 1.44B+765.3% | ||
| Long-term debt issued | 1.19B | 0.00 | 0.00 | 0.00-100.0% | 1.67B+28.6% | |
| Long-term debt repaid | 254M-15.3% | 300M | 0.00-100.0% | 250M | 0.00-100.0% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 63.0M+5.0% | 60.0M+160.9% | 23.0M-77.2% | 101M+236.7% | 30.0M-44.4% | |
| Dividends paid | 272M+3.0% | 264M+19.5% | 221M+30.8% | 169M+16.6% | 145M+5.8% | |
| Other financing activities | -17.0M-173.9% | 23.0M-56.6% | 53.0M+312.0% | -25.0M-316.7% | -6.00M+50.0% | |
| FX effect on cash | 33.0M+170.2% | -47.0M-347.4% | 19.0M+179.2% | -24.0M-71.4% | -14.0M-193.3% | |
| Net change in cash | -195M+49.2% | -384M-135.8% | 1.07B+251.8% | 305M-49.5% | 604M+2.9% | |
| Interest paid | 157M+2.6% | 153M-3.8% | 159M-7.6% | 172M+32.3% | 130M-7.1% | |
| Income taxes paid | 104M-75.4% | 422M+0.2% | 421M-26.1% | 570M+22.3% | 466M+445.2% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 9.46B-35.7% | 14.7B-18.0% | 17.9B+37.1% | 13.1B+5.3% | 12.4B+19.1% | |
| P/E | — | 24.4×+64.5% | 14.8×+201.9% | 4.9×-20.2% | 6.2×-80.5% | |
| P/S | 0.8×-30.1% | 1.2×-12.1% | 1.4×+68.5% | 0.8×-22.5% | 1.1×-24.1% | |
| P/B | 1.1×-23.0% | 1.4×-16.3% | 1.7×+22.7% | 1.4×-13.0% | 1.6×-9.5% | |
| P/FCF | — | 48.0×+315.0% | 11.6×+100.3% | 5.8×-19.2% | 7.2×-47.0% | |
| Earnings yield | — | 4.1%-39.2% | 6.7%-66.9% | 20.3%+25.4% | 16.2%+412.6% | |
| FCF yield | — | 2.1%-75.9% | 8.6%-50.1% | 17.3%+23.8% | 14.0%+88.8% | |
| Dividend yield | 2.9%+59.6% | 1.8%+46.0% | 1.2%-4.1% | 1.3%+9.2% | 1.2%-10.5% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: WLK’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all WLK filings on SEC EDGAR → Not investment advice.