XNYSWLK
Market cap14bUSD
Dec 27, Last price
114.28USD
1D
-0.79%
1Q
-23.86%
Jan 2017
104.11%
Name
Westlake Corp
Chart & Performance
Profile
Westlake Corporation manufactures and supplies petrochemicals, polymers, and building products worldwide. It operates through two segments, Performance and Essential Materials; and Housing and Infrastructure Products. The Performance and Essential Materials segment manufactures and markets polyethylene, styrene monomer, ethylene co-products, PVC, VCM, ethylene dichloride chlor-alkali, and chlorinated derivative products. The Housing and Infrastructure Products segment manufactures and sells residential PVC siding; PVC trim and moldings; roofing applications; decorative stone; windows; PVC decking; PVC films for various inflatables, wallcovering, tape, and roofing applications; polymer composite roof tiles; PVC pipe and fittings; PVC compounds; and various 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 a range of customers, including 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, 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 is a subsidiary of TTWF LP.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 12,548,000 -20.55% | 15,794,000 34.10% | 11,778,000 56.96% | |||||||
Cost of revenue | 11,194,000 | 12,556,000 | 8,834,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,354,000 | 3,238,000 | 2,944,000 | |||||||
NOPBT Margin | 10.79% | 20.50% | 25.00% | |||||||
Operating Taxes | 178,000 | 649,000 | 607,000 | |||||||
Tax Rate | 13.15% | 20.04% | 20.62% | |||||||
NOPAT | 1,176,000 | 2,589,000 | 2,337,000 | |||||||
Net income | 479,000 -78.68% | 2,247,000 11.51% | 2,015,000 510.61% | |||||||
Dividends | (221,000) | (169,000) | (145,000) | |||||||
Dividend yield | 1.23% | 1.28% | 1.16% | |||||||
Proceeds from repurchase of equity | (23,000) | (101,000) | (30,000) | |||||||
BB yield | 0.13% | 0.76% | 0.24% | |||||||
Debt | ||||||||||
Debt current | 299,000 | 119,000 | 269,000 | |||||||
Long-term debt | 5,829,000 | 5,383,000 | 5,372,000 | |||||||
Deferred revenue | (1,681,000) | |||||||||
Other long-term liabilities | 703,000 | 1,173,000 | 2,676,000 | |||||||
Net debt | 1,709,000 | 2,132,000 | 2,726,000 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 2,336,000 | 3,395,000 | 2,394,000 | |||||||
CAPEX | (1,034,000) | (1,108,000) | (658,000) | |||||||
Cash from investing activities | (1,037,000) | (2,479,000) | (3,213,000) | |||||||
Cash from financing activities | (245,000) | (587,000) | 1,437,000 | |||||||
FCF | 1,237,000 | 1,384,000 | 1,185,000 | |||||||
Balance | ||||||||||
Cash | 3,304,000 | 2,228,000 | 1,908,000 | |||||||
Long term investments | 1,115,000 | 1,142,000 | 1,007,000 | |||||||
Excess cash | 3,791,600 | 2,580,300 | 2,326,100 | |||||||
Stockholders' equity | 10,569,000 | 10,331,000 | 8,346,000 | |||||||
Invested Capital | 13,192,400 | 13,886,700 | 12,288,900 | |||||||
ROIC | 8.69% | 19.78% | 21.83% | |||||||
ROCE | 7.30% | 17.79% | 18.07% | |||||||
EV | ||||||||||
Common stock shares outstanding | 128,598 | 128,846 | 128,698 | |||||||
Price | 139.96 36.49% | 102.54 5.57% | 97.13 19.03% | |||||||
Market cap | 17,998,638 36.23% | 13,211,824 5.69% | 12,500,435 19.60% | |||||||
EV | 20,230,638 | 15,877,824 | 15,799,435 | |||||||
EBITDA | 2,451,000 | 4,294,000 | 3,784,000 | |||||||
EV/EBITDA | 8.25 | 3.70 | 4.18 | |||||||
Interest | 165,000 | 177,000 | 176,000 | |||||||
Interest/NOPBT | 12.19% | 5.47% | 5.98% |