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Westlake WLK Operating Lease Liabilities

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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$9.9B-4.8%
Enterprise value$14.12B+2.1%
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:OperatingLeaseLiabilityNoncurrent.

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
Long-term debt, net5,0675,087
Deferred income taxes1,3671,343
Pension and other post-retirement benefits272286
Operating lease liabilities681688
Other liabilities525492
Total liabilities10,23110,666
Commitments and contingencies (Note 14)
Stockholders' equity

Item 1. Financial Statements

FAQ

What is Westlake's operating lease liabilities?
Westlake (WLK) reported operating lease liabilities of $681M in Q2 2026.
How has Westlake's operating lease liabilities changed year-over-year?
Westlake's operating lease liabilities decreased by 6.8% year-over-year, from $731M to $681M.
What is the long-term trend for Westlake's operating lease liabilities?
Over 5 years (2020 to 2025), Westlake's operating lease liabilities has grown at a 12.8% compound annual growth rate (CAGR), from $376M to $688M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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