Upcoming Earnings Overview
Westlake Corporation is expected to announce its latest quarterly earnings on Monday, May 4th, with a consensus estimate EPS of -0.11212.
Live Analysis
Today, Westlake Corporation (WLK) is priced at $110.66, showing a decrease of 53 cents (-0.477%) from the previous close of $111.19. The trading volume stands at $430,324, representing a 33% deviation from the average volume.
Earnings Overview
In the most recent earnings report dated Monday, February 23rd, Westlake Corporation reported a net income of -$544 million, translating to an EPS of -$4.22.
Dividends
Westlake Corporation offers a forward dividend yield of 1.92%, with a dividend per share of 53 cents MRQ and a year-over-year increase of 36.129 cents.
Cash Flow
The company experienced a net change in cash of $798 million, with operating cash flow at $225 million and capital expenditure of -$241 million.
Income Statement
Westlake Corporation reported a revenue of $2.53 billion, resulting in a net income of -$544 million and an EPS of -$4.22.
Ratios
Key financial ratios include a net profit margin of -21.48%, a debt-equity ratio of 73.23, and a price-to-sales ratio of 3.76.
Balance Sheet
The company's total assets amount to $19.96 billion, with total liabilities at $10.67 billion, and net debt standing at $3.71 billion.
This comprehensive overview provides insight into Westlake Corporation's financial performance and outlook.
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.