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Westlake WLK Intangibles (Net)

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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:OtherIntangibleAssetsNet.

The source filing: Westlake’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 2:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001262823-26-000032
Line itemJune 30,2026December 31,2025
Operating lease right-of-use assets781798
Goodwill1,3461,314
Customer relationships, net741743
Other intangible assets, net446439
Equity method investments1,0281,062
Other assets, net761784
Total assets$19,439$19,961
LIABILITIES AND EQUITY

Item 1. Financial Statements

FAQ

What is Westlake's intangibles (net)?
Westlake (WLK) reported intangibles (net) of $446M in Q2 2026.
How has Westlake's intangibles (net) changed year-over-year?
Westlake's intangibles (net) decreased by 1.8% year-over-year, from $454M to $446M.
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?
Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

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