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Westlake WLK Intangibles (Net)

Intangibles (Net) at other companies

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$1.03B+44.2%
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$207.62M-9.6%

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:OtherIntangibleAssetsNet.

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 intangibles (net)?
Westlake (WLK) reported intangibles (net) of $452M in Q1 2026.
How has Westlake's intangibles (net) changed year-over-year?
Westlake's intangibles (net) decreased by 1.1% year-over-year, from $457M to $452M.
What is the long-term trend for Westlake's intangibles (net)?
Over 5 years (2020 to 2025), Westlake's intangibles (net) has grown at a 21.2% compound annual growth rate (CAGR), from $168M to $439M.
What does intangibles (net) mean?
The value of non-physical assets like patents and brands, minus their accumulated cost write-offs.
How do you interpret intangibles (net)?
Growth often reflects strategic investments in intellectual property or acquisitions, while decline reflects ongoing amortization.
How does intangibles (net) compare across companies?
Varies significantly based on the company's R&D focus and acquisition strategy compared to peers.