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Westlake WLK Noncontrolling interests in subsidiaries

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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+0.4%
Enterprise value$14.12B+6.3%
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:MinorityInterest.

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
Common stock, held in treasury, at cost; 6,854,931 and 6,740,232 shares at June 30, 2026 and December 31, 2025, respectively(532)(513)
Additional paid-in capital697683
Retained earnings8,6558,701
Accumulated other comprehensive loss(116)(80)
Total Westlake Corporation stockholders' equity8,7058,792
Noncontrolling interests503503
Total equity9,2089,295
Total liabilities and equity$19,439$19,961

Item 1. Financial Statements

FAQ

What is Westlake's noncontrolling interests in subsidiaries?
Westlake (WLK) reported noncontrolling interests in subsidiaries of $503M in Q2 2026.
How has Westlake's noncontrolling interests in subsidiaries changed year-over-year?
Westlake's noncontrolling interests in subsidiaries decreased by 1.9% year-over-year, from $513M to $503M.
What is the long-term trend for Westlake's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Westlake's noncontrolling interests in subsidiaries has grown at a -1.2% compound annual growth rate (CAGR), from $535M to $503M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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