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XNYS
WLK
Market cap7.98bUSD
Oct 09, Last price  
62.29USD
1D
1.28%
1Q
-17.46%
Jan 2017
11.29%
IPO
741.46%
Name

Westlake Corp

Chart & performance

D1W1MN
XNYS:WLK chart
P/E
—
P/S
0.71
EPS
—
Div yield, %
3.39%
Shrs. gr., 5y
0.13%
Rev. gr., 5y
8.28%
Revenues
11.17b
-8.01%
2,484,366,0003,192,178,0003,692,353,0002,325,723,0003,171,787,0003,619,848,0003,571,041,0003,759,484,0004,415,350,0004,463,000,0005,076,000,0008,041,000,0008,635,000,0008,118,000,0007,504,000,00011,778,000,00015,794,000,00012,548,000,00012,142,000,00011,170,000,000
Net income
-1.51b
L
194,559,000114,729,000-29,543,00052,995,000221,393,000258,966,000385,555,000610,425,000678,523,000646,000,000399,000,0001,304,000,000996,000,000421,000,000330,000,0002,015,000,0002,247,000,000479,000,000602,000,000-1,508,000,000
CFO
465m
-64.61%
237,184,00062,166,000186,089,000235,522,000283,284,000362,296,000624,054,000752,729,0001,032,376,0001,078,836,000833,852,0001,538,000,0001,409,000,0001,301,000,0001,297,000,0002,394,000,0003,395,000,0002,336,000,0001,314,000,000465,000,000
Dividend
Aug 25, 20260.533 USD/sh

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Profile

Westlake Corporation, known as Westlake Chemical Corporation until its name change in February 2022, is a global manufacturer and supplier focused on petrochemicals, polymers, and various building products. The company's business activities are structured into two primary segments: Performance and Essential Materials, and Housing and Infrastructure Products. The Performance and Essential Materials division is responsible for the production and marketing of a wide array of chemical commodities. These include polyethylene, styrene monomer, ethylene co-products, polyvinyl chloride (PVC), vinyl chloride monomer (VCM), ethylene dichloride, chlor-alkali substances, and other chlorinated derivatives. The Housing and Infrastructure Products segment specializes in developing a diverse range of construction and consumer-oriented solutions. This encompasses manufacturing residential PVC siding, trim, and moldings, alongside roofing applications, decorative stone, and windows. It also produces PVC decking, specialized PVC films for uses like inflatables, wallcoverings, tape, and roofing, as well as polymer composite roof tiles, PVC pipes and fittings, and PVC compounds. Furthermore, this segment provides various consumer and commercial items such as landscape edging, industrial, home, and office matting, marine dock edging, and masonry joint controls. Westlake's extensive product portfolio caters to a broad customer base, including chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses. These materials are vital for numerous consumer and industrial applications, ranging from residential construction, flexible and rigid packaging, and automotive components to healthcare products, water treatment, coatings, and a wide variety of other durable and non-durable goods. Founded in Houston, Texas, in 1986, Westlake Corporation operates as a subsidiary of TTWF LP.

Related entities

Subsidiaries (5)
WESTLAKE CHEMICAL FINANCE CORPORATION
WESTLAKE CHEMICAL OPCO LP
WESTLAKE PETROCHEMICALS LLC
WESTLAKE STYRENE LLC

Key people

Executive Chairman of the Board · since 2024
Senior Chairman of the Board · since 2024
President, Chief Executive Officer · since 2024
Chief Financial Officer, Executive Vice President · since 2024
Robert Buesinger
Executive Vice President - Housing and Infrastructure Products, IT and Digital · since 2022
Thomas Janssens
Senior Vice President, Operations- Performance and Essential Material and Corporate Logistics · since 2022
Chief Accounting Officer, Vice President · since 2024
Executive Vice President - Performance and Essential Materials, Chief Administrative Officer, General Counsel · since 2023
John Chao
Director · since 2018
Catherine Chao
Director · since 2023
David Chao
Director · since 2018
Carolyn Sabat
Director · since 2023
Independent Director · since 2024
Independent Director · since 2013
Independent Director · since 2020
Mark Mccollum
Independent Director · since 2018
R. Bruce Northcutt
Independent Director · since 2013
Jeffrey Sheets
Independent Director · since 2018
IPO date
Aug 11, 2004
Employees
15,920
Domiciled in
US
Incorporated in
US
Legal address
C/O THE CORPORATION TRUST COMPANY
CORPORATION TRUST CENTER
1209 ORANGE ST
WILMINGTON, DE 19801
US
Headquarters
CORPORATION TRUST CENTER
1209 ORANGE ST
WILMINGTON, DE 19801
US
Previous name
WESTLAKE CHEMICAL CORPORATION

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