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Westlake WLK Accounts Payable

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Other financials

Income statement

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Revenue$2.7B-6.8%
Gross profit$112.0M-51.7%
Operating income-$172.0M-438%
Net income-$169.0M-323%
EPS (diluted)-$1.31-323%

Balance sheet

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Cash & equivalents$2.3B-1.1%
Total debt$6.4B+16.9%
Total equity$8.5B-17.9%
Total assets$19.7B-4.8%

Cash flow

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Operating cash flow-$94.0M-22.1%
CapEx$209.0M-15.7%
Free cash flow-$303.0M+6.8%

Valuation

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Market cap$10.29B+16.3%
Enterprise value$14.38B+19.0%
P/S0.9×+0.2×

Profitability

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Gross margin6.3%-8.0pp
Operating margin-15.7%-20.8pp
Net margin-14.9%-18.1pp
FCF margin-4.6%-5.3pp

Returns & leverage

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Return on equity-17.3%-21.0pp
Debt / equity0.7×+0.2×
Current ratio2.2×-0.5×

Where this comes from

Reported directly by Westlake in its filing.

Tagged under the XBRL concept us-gaap:AccountsPayableCurrent.

The official record: Westlake’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Westlake's accounts payable?
Westlake (WLK) reported accounts payable of $811M in Q1 2026.
How has Westlake's accounts payable changed year-over-year?
Westlake's accounts payable decreased by 15.1% year-over-year, from $955M to $811M.
What is the long-term trend for Westlake's accounts payable?
Over 5 years (2020 to 2025), Westlake's accounts payable has grown at a 7.9% compound annual growth rate (CAGR), from $536M to $783M.
What does accounts payable mean?
The total amount of money the company owes to its suppliers for goods and services already received.
How do you interpret accounts payable?
An increase can signal improved cash management or delayed payments, while a decrease may indicate faster settlement of obligations.
How does accounts payable compare across companies?
Highly comparable across manufacturing sectors; often analyzed alongside Days Payable Outstanding (DPO).