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Westlake WLK Essential Materials — Revenue

Other product segments

Performance Materials
$1.24B+20.9%
Housing Products
$1.01B+3.2%
Infrastructure Products
$241M+33.9%

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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:Revenues.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total Housing and Infrastructure Products1,2521,1602,2452,156
Performance and Essential Materials
Performance Materials1,2361,0222,2392,078
Essential Materials7837711,4391,565
Total Performance and Essential Materials2,0191,7933,6783,643
Total reportable segments and consolidated$3,271$2,953$5,923$5,799
Intersegment sales
Housing and Infrastructure Products

Item 1. Financial Statements

FAQ

What is Westlake's essential materials — revenue?
Westlake (WLK) reported essential materials — revenue of $783M in Q2 2026.
How has Westlake's essential materials — revenue changed year-over-year?
Westlake's essential materials — revenue increased by 1.6% year-over-year, from $771M to $783M.
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?
This metric represents the total gross revenue generated by the segment responsible for producing foundational chemical building blocks, including olefins, vinyls, and polyethylene. It reflects the company's market position in the upstream and midstream chemical supply chain, serving as a primary indicator of demand for essential industrial raw materials. Fluctuations in this figure are driven by global commodity pricing cycles, production capacity utilization, and broader industrial manufacturing activity.

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