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Westlake WLK Performance and Essential Materials Segment — Goodwill
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Where this comes from
Reported directly by Westlake in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
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 item | Housing and Infrastructure Products Segment | Performance and Essential Materials Segment | Total |
|---|---|---|---|
| Net balances at December 31, 2025 | $1,145 | $169 | $1,314 |
| Goodwill acquired during the period | 34 | — | 34 |
| Measurement period adjustment | 2 | — | 2 |
| Effects of changes in foreign exchange rates | (3) | (1) | (4) |
| Net balances at June 30, 2026 | $1,178 | $168 | $1,346 |
Item 1. Financial Statements
FAQ
- What is Westlake's performance and essential materials segment — goodwill?
- Westlake (WLK) reported performance and essential materials segment — goodwill of $168M in Q2 2026.
- How has Westlake's performance and essential materials segment — goodwill changed year-over-year?
- Westlake's performance and essential materials segment — goodwill decreased by 81.3% year-over-year, from $899M to $168M.
- What is the long-term trend for Westlake's performance and essential materials segment — goodwill?
- Over 2 years (2023 to 2025), Westlake's performance and essential materials segment — goodwill has grown at a -26.7% compound annual growth rate (CAGR), from $3.97B to $2.13B.
- What does performance and essential materials segment — goodwill mean?
- Represents the intangible asset value recorded when the purchase price of an acquired business in the Performance and Essential Materials segment exceeds the fair value of its identifiable net assets. It reflects the premium paid for brand reputation, customer relationships, and synergies within this specific chemical and polymer business unit.
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