Zacks Investment Research·Jun 23, 2026
Westlake Royal Expands Dutch Quality Stone Color PortfolioWLK expands Dutch Quality Stone with warm neutral colorways and broader profile options to meet evolving design preferences.
Westlake Corporation(WLK)Earnings, Financials & Key Ratios
WLK•NYSE
$76.27
Price updated Jul 7, 2026
SectorBasic MaterialsIndustrySpecialty ChemicalsSub-IndustrySpecialty polymers and engineered plastics
AboutWestlake 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.Show more
- Revenue$11.17B-8.0%
- EBITDA-$341M-117.1%
- Net Income-$1.51B-350.5%
- EPS (Diluted)-11.73-352.8%
- Gross Margin2.59%-83.9%
- EBITDA Margin-3.05%-118.6%
- Operating Margin-14.13%-296.0%
- Net Margin-13.5%-372.3%
- ROE-14.83%-368.6%
WLK Price & Volume
Westlake Corporation (WLK) stock price & volume — 10-year historical chart
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Persistent Cyclical Headwinds Challenge Westlake's Profitability
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Healthy
Cash Flow:Deteriorating
Primary Risk:Cyclical housing demand sensitivity
Key Thesis Takeaways
- Westlake Corporation faces a challenging outlook as persistent revenue contraction and severe margin compression, evidenced by a -6.4% net margin in 2026Q1, continue to erode shareholder value.
- The company's reliance on debt financing to maintain dividends amidst negative free cash flow suggests a precarious capital allocation strategy that warrants caution.
- Investors should monitor the company's ability to scale fixed costs, as the current operating margin of -5.8% indicates that structural inefficiencies remain a significant drag on earnings recovery.
Verdict Logic
the company's inability to generate positive free cash flow, evidenced by a -11.4% FCF margin in 2026Q1, makes the current dividend policy and debt-funded operations appear unsustainable.
WLK Growth Metrics
Westlake Corporation (WLK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years9.61%
5 Years8.28%
3 Years-10.9%
TTM-8.63%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-521.91%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-528.01%
Return on Capital
10 Years8.06%
5 Years7.45%
3 Years-0.03%
Last Year-8.83%
WLK Recent Earnings
Westlake Corporation (WLK) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 3/12 qtrs (25%)
Q2 2026Latest
May 5, 2026Metric
Actual
Est
EPS
$0.77-250.0%
$0.22
Rev
$2.7B-4.8%
$2.8B
Q1 2026
Feb 24, 2026Metric
Actual
Est
EPS
$0.25+83.0%
$1.47
Rev
$2.5B-2.9%
$2.6B
Q4 2025
Oct 30, 2025Metric
Actual
Est
EPS
$0.29-261.1%
$0.18
Rev
$2.8B+8.8%
$2.6B
Q3 2025
Aug 5, 2025Metric
Actual
Est
EPS
$0.09-250.0%
$0.06
Rev
$3.0B+0.5%
$2.9B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.77vs $0.22-250.0% | $2.7Bvs $2.8B-4.8% |
| Q1 2026 | Feb 24, 2026 | $0.25vs $1.47+83.0% | $2.5Bvs $2.6B-2.9% |
| Q4 2025 | Oct 30, 2025 | $0.29vs $0.18-261.1% | $2.8Bvs $2.6B+8.8% |
| Q3 2025 | Aug 5, 2025 | $0.09vs $0.06-250.0% | $3.0Bvs $2.9B+0.5% |
Based on last 12 quarters of dataView full earnings history →
Latest WLK News
Recent stock market news and headlines for Westlake Corporation (WLK)
Business Wire·Jun 22, 2026
Dutch Quality Stone® Introduces New Neutral Colorways Across Profiles and AccessoriesHOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK) has added two new colorways to the Dutch Quality Stone® line, along with two extended color palettes across select profiles and accessories.Spanning a range of subtle, neutral shades, these additions offer a balance of understated warmth and elevated polish that complement both modern and traditional applications.The new color additions include:Soft Barley™: A creamy neutral infused with.
Zacks Investment Research·Jun 16, 2026
Westlake Expands in Europe by Acquiring Wilhelmshaven PlantWLK's Wilhelmshaven plant acquisition expands its European footprint and strengthens the global chlorovinyls manufacturing network.
Business Wire·Jun 16, 2026
Westlake Royal Building Products™ Introduced Integrated Exterior Solutions at the AIA Conference on Architecture & Design 2026HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ (Westlake Royal), a Westlake company (NYSE: WLK), showcased its expansive portfolio of exterior building solutions at the AIA Conference on Architecture & Design 2026 (AIA26), which took place June 10-13 in San Diego. At booth #1627, architects and designers explored innovative stone, siding, trim and roofing materials and systems designed to support visually compelling, high-performing residential, multifamily and light commercial.
Business Wire·Jun 15, 2026
Westlake Expands Global Chlorovinyls Manufacturing Capacity With Acquisition of PVC and VCM Plants in Wilhelmshaven, GermanyHOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (“Westlake”) announced today that its German subsidiary, Westlake Vinnolit GmbH & Co. KG, has completed the previously-announced acquisition of a polyvinyl chloride and vinyl chloride monomer production site located in Wilhelmshaven, Germany (the “Wilhelmshaven plant”). The Wilhelmshaven plant, which was previously in insolvency administration, has the capacity to produce 380,000 metric tons of PVC per year.“This acquisition strength.
Peers Comparison
Key metrics vs top competitors for Westlake Corporation (WLK)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $76.27 | $9.77B | -6.50 | -8.01% | -13.5% | -14.83% | 2.77% | |
| $20.74 | $2.36B | -56.05 | 3.68% | -1.89% | -6.64% | — | |
| $54.61 | $17.59B | -23.24 | -25.18% | -3.44% | -7.2% | — | |
| $10.97 | $1.91B | -6.90 | -5.85% | -5.69% | -8.14% | — | |
| $69.62 | $7.96B | 16.98 | -6.71% | 4.62% | 6.69% | — | |
| $48.68 | $5.45B | -4.58 | -7.16% | -10.79% | -21.51% | — |
Compare WLK vs Peers
Westlake Corporation (WLK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WLK SEC Filings & Documents
Westlake Corporation (WLK) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 5, 2026·SEC
Material company update
Apr 20, 2026·SEC
Material company update
Apr 14, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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WLK Frequently Asked Questions
Westlake Corporation (WLK) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Westlake Corporation's revenue?
Westlake Corporation (WLK) reported $10.98B in revenue for fiscal year 2025. This represents a 938% increase from $1.06B in 1999.
How fast is Westlake Corporation growing?
Westlake Corporation (WLK) saw revenue decline by 8.0% over the past year.
Is WLK profitable?
Westlake Corporation (WLK) reported a net loss of $1.64B for fiscal year 2025.
Dividend & Returns
Does WLK pay dividends?
Yes, Westlake Corporation (WLK) pays a dividend with a yield of 2.77%. This makes it attractive for income-focused investors.
What is WLK's return on equity?
Westlake Corporation (WLK) has a return on equity (ROE) of -14.8%. Negative ROE indicates the company is unprofitable.
What is Westlake Corporation's free cash flow?
Westlake Corporation (WLK) had negative free cash flow of $508.0M in fiscal year 2025, likely due to heavy capital investments.