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Westlake WLK Net Income

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Westlake Chemical Partners logo
Westlake Chemical PartnersWLKP
$14.24M-2.2%
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DowDOW
$721M+186%

Other financials

Income statement

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Revenue$3.3B+10.8%
Gross profit$652.0M+153%
Operating income$364.0M+434%
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:NetIncomeLoss.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Provision for income taxes676347
Net income (loss)271(131)114(166)
Net income attributable to noncontrolling interests11112316
Net income (loss) attributable to Westlake Corporation$260$(142)$91$(182)
Earnings (loss) per common share attributable to Westlake Corporation:
Basic$2.02$(1.11)$0.71$(1.42)
Diluted$2.01$(1.11)$0.70$(1.42)
Weighted average common shares outstanding:

Item 1. Financial Statements

FAQ

What is Westlake's net income?
Westlake (WLK) reported net income of $260M in Q2 2026.
How has Westlake's net income changed year-over-year?
Westlake's net income increased by 283.1% year-over-year, from -$142M to $260M.
What is the long-term trend for Westlake's net income?
Over 3 years (2021 to 2025), Westlake's net income has grown at a -9.2% compound annual growth rate (CAGR), from $2.02B to -$1.51B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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