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Westlake WLK Stock-Based Comp

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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:ShareBasedCompensation.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Net income (loss)$114$(166)
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Depreciation and amortization570578
Stock-based compensation expense2019
Loss from disposition and write-off of property, plant and equipment1416
Deferred income taxes14(19)
Other losses, net1320
Changes in operating assets and liabilities, net of effect of business acquisitions

Item 1. Financial Statements

FAQ

What is Westlake's stock-based comp?
Westlake (WLK) reported stock-based comp of $13M in Q2 2026.
How has Westlake's stock-based comp changed year-over-year?
Westlake's stock-based comp increased by 8.3% year-over-year, from $12M to $13M.
What is the long-term trend for Westlake's stock-based comp?
Over 4 years (2021 to 2025), Westlake's stock-based comp has grown at a 7.2% compound annual growth rate (CAGR), from $31M to $41M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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