Skip to content

Westlake WLK Corporate Non — Operating Income

Discontinued — last reported Q2 '18

Similar metrics at other companies

Broadridge Financial Solutions logo
BRCorporate Non — Operating Income
-$19.75M-7.5%
Snap-on logo
SNACorporate Non — Operating Income
-$23.6M-6.3%
Modine Manufacturing logo
MODCorporate Non — Operating Income
-$11.2M+17.0%
Leidos Holdings logo
LDOSCorporate Non — Operating Income
-$42M-7.7%
Chart Industries logo
GTLSCorporate Non — Operating Income
-$15.3M+25.0%
XPO
XPOCorporate Non — Operating Income
-$45.5M-32.3%

Other financials

Income statement

See full
Revenue$2.7B-6.8%
Gross profit$112.0M-51.7%
Operating income-$172.0M-438%
Net income-$169.0M-323%
EPS (diluted)-$1.31-323%

Balance sheet

See full
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

See full
Operating cash flow-$94.0M-22.1%
CapEx$209.0M-15.7%
Free cash flow-$303.0M+6.8%

Valuation

See full
Market cap$10.29B+16.3%
Enterprise value$14.38B+19.0%
P/S0.9×+0.2×

Profitability

See full
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

See full
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 August 2, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate non — operating income mean?
The operating profit or loss resulting from corporate-level administrative and shared service activities.
How do you interpret corporate non — operating income?
A smaller loss (or profit) indicates efficient management of corporate overhead, while a growing loss suggests rising administrative or shared service costs.
How does corporate non — operating income compare across companies?
This is a standard metric for conglomerates, where investors look for the 'corporate drag' on total operating margins.