Westlake Corporation Income Statement
WLK / Materials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$11.2B
FY2025
Gross Profit
$813M
7.3% gross margin
Operating Income
-$1.6B
FY2025
Net Income
-$1.5B
FY2025
Westlake Corporation reported $11.2B in revenue and $1.5B in net loss for FY2025. Revenue has grown at a 25.9% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.2B | $12.1B | $11.8B | $7.5B | $8.1B | $8.6B | $8.0B | $5.1B | $4.5B | $5.1B | $108.4M | $319.9M | $446.4M | $319.9M | $446.4M |
| Cost of Revenue | $10.4B | $10.2B | $8.3B | $6.5B | $6.9B | $6.6B | $6.3B | $4.1B | $3.3B | $4.1B | $3.3B | $2.8B | $3.1B | $2.8B | $3.1B |
| Gross Profit | $813.0M | $2.0B | $3.5B | $1.0B | $1.3B | $2.0B | $1.8B | $983.0M | $1.2B | $983.0M | $1.2B | $737.0M | $559.0M | $737.0M | $559.0M |
| SG&A Expense | $900.0M | $874.0M | $551.0M | $449.0M | $458.0M | $445.0M | $399.0M | $258.0M | $218.0M | $258.0M | $218.0M | $121.6M | $112.2M | $121.6M | $112.2M |
| Operating Income | -$1.6B | $875.0M | $2.8B | $429.0M | $656.0M | $1.4B | $1.2B | $583.0M | $960.0M | $583.0M | $960.0M | $615.4M | $446.8M | $615.4M | $446.8M |
| Interest Expense | - | - | $176.0M | $142.0M | $124.0M | $126.0M | $159.0M | $79.0M | $35.0M | $79.0M | $35.0M | $43.0M | $51.0M | $43.0M | $51.0M |
| Income Tax | -$126.0M | $291.0M | $607.0M | -$42.0M | $108.0M | $300.0M | -$258.0M | $138.0M | $298.0M | $138.0M | $298.0M | $199.6M | $142.5M | $199.6M | $142.5M |
| Net Income | -$1.5B | $602.0M | $2.0B | $330.0M | $421.0M | $996.0M | $1.3B | $399.0M | $646.0M | $399.0M | $646.0M | $385.6M | $259.0M | $385.6M | $259.0M |
| EPS (Basic) | $3.73 | $17.46 | $15.66 | $2.57 | $3.26 | $7.66 | $10.05 | $3.07 | $4.88 | $5.09 | $4.57 | $2.89 | $3.89 | $3.35 | $0.80 |
| EPS (Diluted) | $3.70 | $17.34 | $15.58 | $2.56 | $3.25 | $7.62 | $10.00 | $3.06 | $4.86 | $5.07 | $4.55 | $2.88 | $3.87 | $3.34 | $0.80 |
| Shares Outstanding | 128.6M | 128.8M | 128.7M | 128.1M | 128.8M | 130.0M | 129.5M | 130.0M | 132.3M | 133.6M | 133.8M | 133.3M | 66.3M | 65.7M | 65.4M |
| Gross Margin | 7.3% | 16.1% | 29.7% | 13.6% | 15.5% | 23.0% | 21.9% | 19.4% | 26.6% | 19.4% | 1093.6% | 230.4% | 125.2% | 230.4% | 125.2% |
| Operating Margin | -14.1% | 7.2% | 23.8% | 5.7% | 8.1% | 16.3% | 15.2% | 11.5% | 21.5% | 11.5% | 886.0% | 192.3% | 100.1% | 192.3% | 100.1% |
| Profit Margin | -13.5% | 5.0% | 17.1% | 4.4% | 5.2% | 11.5% | 16.2% | 7.9% | 14.5% | 7.9% | 596.2% | 120.5% | 58.0% | 120.5% | 58.0% |