What is Westlake's impairment charges?

Westlake (WLK) reported impairment charges of $181.75M in Q4 2025.

What does impairment charges mean?

A non-cash expense recorded when the value of an asset on the balance sheet is reduced.

How do you interpret impairment charges?

High or recurring charges signal potential overvaluation of assets or structural challenges in specific business segments.

How does impairment charges compare across companies?

Common in capital-intensive industries; peers often report these during cyclical downturns or strategic pivots.

Westlake WLK Impairment Charges

Impairment Charges at other companies

LyondellBasell Industries N.V.LYB

$15M—

Owens CorningOC

$9.75M—

MascoMAS

$1.25M—

Segments

By segment

See full

Performance and Essential Materials Segment$181.75M—

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$94.0M-22.1%

CapEx$209.0M-15.7%

Free cash flow-$303.0M+6.8%

Valuation

See full

Market cap$10.29B+16.3%

Enterprise value$14.38B+19.0%

P/S0.9×+0.2×

Profitability

See full

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

See full

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:AssetImpairmentCharges.

The official record: Westlake’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

Ask your AI about Westlake's impairment charges.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Westlake's impairment charges?: Westlake (WLK) reported impairment charges of $181.75M in Q4 2025.
What does impairment charges mean?: A non-cash expense recorded when the value of an asset on the balance sheet is reduced.
How do you interpret impairment charges?: High or recurring charges signal potential overvaluation of assets or structural challenges in specific business segments.
How does impairment charges compare across companies?: Common in capital-intensive industries; peers often report these during cyclical downturns or strategic pivots.