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Westlake WLK Essential Materials — Revenue

Other product segments

Performance Materials
$1B-5.0%
Housing Products
$788M-6.0%
Infrastructure Products
$205M+29.7%

Similar metrics at other companies

LyondellBasell Industries N.V. logo
LYBIntermediate chemicals — Total
$348M-35.7%
Entegris logo
ENTGChemical and Materials — Net Sales
$85.8M+9.9%
LyondellBasell Industries N.V. logo
LYBOlefins and co-products — Total
$1.19B+11.3%
LyondellBasell Industries N.V. logo
LYBPolyethylene — Total
$1.68B-5.5%
Avery Dennison logo
AVYPerformance materials — Net Sales
$136.8M+5.9%
LyondellBasell Industries N.V. logo
LYBAdvanced polymers — Revenue
$203M-19.8%

Other financials

Income statement

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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

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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:Revenues.

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 essential materials — revenue?
Westlake (WLK) reported essential materials — revenue of $656M in Q1 2026.
How has Westlake's essential materials — revenue changed year-over-year?
Westlake's essential materials — revenue decreased by 17.4% year-over-year, from $794M to $656M.
What is the long-term trend for Westlake's essential materials — revenue?
Over 4 years (2021 to 2025), Westlake's essential materials — revenue has grown at a 3.0% compound annual growth rate (CAGR), from $2.67B to $3B.
What does essential materials — revenue mean?
The total sales generated by the company's core chemical and polymer manufacturing segment.
How do you interpret essential materials — revenue?
An increase suggests higher demand for industrial chemical inputs or favorable pricing environments, while a decrease may indicate cyclical downturns, reduced manufacturing output, or pricing pressure in the commodity chemicals market.
How does essential materials — revenue compare across companies?
Comparable to revenue reporting for commodity chemical segments at diversified industrial peers, often benchmarked against global petrochemical price indices and industrial production growth rates.