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Westlake WLK Operating Income

Operating Income at other companies

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$111.4M+43.9%
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PPG IndustriesPPG

Segments

By segment

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Performance and Essential Materials Segment-$211M-29.4%
Housing and Infrastructure Products Segment$56M-62.2%

Other financials

Income statement

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Revenue$2.7B-6.8%
Gross profit$112.0M-51.7%
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:OperatingIncomeLoss.

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 operating income?
Westlake (WLK) reported operating income of -$172M in Q1 2026.
How has Westlake's operating income changed year-over-year?
Westlake's operating income decreased by 437.5% year-over-year, from -$32M to -$172M.
What is the long-term trend for Westlake's operating income?
Over 3 years (2021 to 2025), Westlake's operating income has grown at a -17.4% compound annual growth rate (CAGR), from $2.8B to -$1.58B.
What does operating income mean?
The profit a company makes from its core business operations before interest and taxes.
How do you interpret operating income?
Higher operating income indicates strong operational efficiency and market competitiveness, while negative values signal operational distress.
How does operating income compare across companies?
Standard metric for all public companies; essential for comparing operational performance across the chemical and building materials industry.