Westlake Corporation

WLK Basic Materials Specialty Chemicals

Westlake Corporation’s revenue for fiscal 2025 (year ended December 2025) was $11.2 billion, down 8.01% from fiscal 2024.

Revenue
+5.04%
EPS
+102.3%
Free cash flow
+486.0%
Total debt
+8.76%

Quarter to September 2026, against a year earlier

66.38 1.52 −2.24%
Market cap
$8.5B
P/E
0.0×
Fwd P/E
36.7×
Dividend yield
3.20%
F-score
3/9
Altman Z
1.65
Beneish M
−2.44
Dividend safety
8/100

Westlake Corporation (WLK) Operating margin

Alert me on Operating margin

Westlake Corporation's operating margin over the twelve months to 30 September 2026 was −3.81%, up 10.3 percentage points from fiscal 2025 (−14.1%). Over the past ten years it has ranged from −14.1% (fiscal 2025) to 23.8% (fiscal 2021) — the current reading is the lowest in ten years. That is below the Specialty Chemicals industry median of 5.64% and below the Basic Materials sector median of 2.88%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 −14.1% (21.34)
FY2024 7.21% 1.40
FY2023 5.81% (13.50)
FY2022 19.3% (4.46)
FY2021 23.8% 18.05
FY2020 5.72% (2.36)
FY2019 8.08% (8.23)
FY2018 16.3% 1.08
FY2017 15.2% 3.74
FY2016 11.5% (10.02)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 1.44% (9.69)
Jun 2026 11.1% 17.62
Mar 2026 −6.49% 20.00
Dec 2025 −26.5% 0.50
43 more quarters

Against its own ten years

Low −14.1% High 23.8%
Ten-year median 11.5%
Current reading's percentile 12

Operating margin against peers

Company Operating margin
SQM Sociedad Quimica y Minera S.A. compare 33.3%
NEU NewMarket Corporation compare 20.2%
SOLS Solstice Advanced Materials Inc. compare 14.7%
AXTA Axalta Coating Systems Ltd. compare 12.4%
ESI Element Solutions Inc. compare 11.7%
ALB Albemarle Corporation compare 10.0%
EMN Eastman Chemical Company compare 9.59%
SSL Sasol Ltd. compare 0.00%
WLK Westlake Corporation −3.81%
Specialty Chemicals industry median 5.64%
Basic Materials sector median 2.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on WLK