Company / Interest Expense
Westlake Corporation Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$176.0M
FY2023
5-year range
$124.0M / $176.0M
FY2019-FY2023
Trend
+23.9%
vs FY2022
Sector context
#17 of 52
Materials
What the data says
At $176M, Westlake Corporation's interest expense ranks #36 of 52 in the Materials sector. Interest Expense has fluctuated over the past 8 years, ranging from $35M in FY2017 to $176M in FY2023.
Based on SEC 10-K filings.
$176M in FY2023 with a 5-year CAGR of +17.4%.
Increased from $124M to $176M over the past 2 years.
Materials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +11.8%
- 5-Year CAGR
- +17.4%
- 10-Year CAGR
- -
Sector benchmark
#36 of 52 in MaterialsTop 67% of 52This company $176.0M Sector average $143.1M
▼
+23.0% above sector average
Key checks
Key Insights
- 5-year CAGR of +17.4%, indicating consistent growth.
- In FY2023, interest expense increased 23.9% year-over-year.
- Ranks #17 out of 52 companies in the Materials sector.
- Lowest interest expense in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score 1.14 (distress zone, below 1.8 threshold)
- Negative profit margin: -8.4%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $176.0M | +23.9% |
| FY2022 | $142.0M | +14.5% |
| FY2021 | $124.0M | -1.6% |
| FY2020 | $126.0M | -20.8% |
| FY2019 | $159.0M | +101.3% |
| FY2018 | $79.0M | +125.7% |
| FY2017 | $35.0M | -55.7% |
| FY2016 | $79.0M | +125.7% |
As of FY2023 · SEC Form 10-K · Last checked Jun 30, 2026