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Westlake WLK Impairment Charges

Impairment Charges at other companies

LyondellBasell Industries N.V. logo
LyondellBasell Industries N.V.LYB
$15M
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AvientAVNT
$0

Segments

By segment

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Performance and Essential Materials Segment$181.75M

Other financials

Income statement

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Revenue$3.3B+10.8%
Gross profit$652.0M+153%
Operating income$364.0M+434%
Net income$260.0M+283%
EPS (diluted)$2.01+281%

Balance sheet

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Cash & equivalents$1.7B-21.0%
Total debt$5.9B+6.4%
Total equity$8.7B-15.3%
Total assets$19.4B-6.6%

Cash flow

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Operating cash flow$318.0M+136%
CapEx$207.0M-22.5%
Free cash flow-$303.0M+6.8%

Valuation

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Market cap$10.09B-3.0%
Enterprise value$14.3B+3.5%
P/S0.9×0.0×

Profitability

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Gross margin9.6%-1.6pp
Operating margin-11%-11.9pp
Net margin-10.9%-11.6pp
FCF margin-4.6%-5.3pp

Returns & leverage

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Return on equity-13%-13.7pp
Debt / equity0.7×+0.1×
Current ratio2.5×0.0×

Where this comes from

Reported directly by Westlake in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The source filing: Westlake’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 1:39 PM EST
Fiscal year
FY2025
Accession
0001262823-26-000016
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Cost of sales10,35710,18510,329
Gross profit8131,9572,219
Selling, general and administrative expenses900874865
Impairment of goodwill and long-lived assets727475
Amortization of intangibles124117122
Restructuring, transaction and integration-related costs6409128
Income (loss) from operations(1,578)875729
Other income (expense)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Westlake's impairment charges?
Westlake (WLK) reported impairment charges of $181.75M in Q4 2025.
What does impairment charges mean?
Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

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