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Westlake WLK Performance and Essential Materials Segment — Cost of Sales

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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:CostOfGoodsAndServicesSold.

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
Restructuring, transaction and integration-related costs1
Performance and Essential Materials
Raw material, energy, manufacturing and logistics costs$1,626$1,776$3,246$3,560
Depreciation and amortization209223417437
Total cost of sales$1,835$1,999$3,663$3,997
Selling, general and administrative expenses117101227204
Depreciation and amortization13132626
Restructuring, transaction and integration-related costs211519122

Item 1. Financial Statements

FAQ

What is Westlake's performance and essential materials segment — cost of sales?
Westlake (WLK) reported performance and essential materials segment — cost of sales of $1.84B in Q2 2026.
How has Westlake's performance and essential materials segment — cost of sales changed year-over-year?
Westlake's performance and essential materials segment — cost of sales decreased by 8.2% year-over-year, from $2B to $1.84B.
What is the long-term trend for Westlake's performance and essential materials segment — cost of sales?
Over 3 years (2022 to 2025), Westlake's performance and essential materials segment — cost of sales has grown at a -5.2% compound annual growth rate (CAGR), from $9.05B to $7.71B.
What does performance and essential materials segment — cost of sales mean?
The total direct costs attributable to the production of goods sold by the Performance and Essential Materials segment. This includes raw materials, direct labor, and manufacturing overheads required to bring products to a saleable state.

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