Friday 6 November 2026 Export WLK’s income statement to Excel — free account

Westlake Corporation

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

Dividend growth 3 yrs

66.38 1.52 −2.24%

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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

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Westlake Corporation (WLK) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2024: revenue by segment, and margins
Performance and Essential Materials Segment	7,825	64.45%
Housing and Infrastructure Products Segment	4,317	35.55%
Gross margin		16.12%
Operating margin		7.21%
Pre-tax margin		7.73%

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Performance and Essential Materials Segment	7,022 62.86%	7,825 64.45%	8,336 66.43%	11,008 69.70%	8,670 73.61%	5,465 72.83%	6,184 76.18%	2,019 23.38%	2,051 25.51%	1,894 37.31%	2,260 50.64%	147 99.06%	321 99.53%	318 99.50%	445 99.67%	2,261 71.29%	1,611 69.29%
Housing and Infrastructure Products Segment	4,148 37.14%	4,317 35.55%	4,212 33.57%	4,786 30.30%	3,108 26.39%	2,039 27.17%	1,934 23.82%	6,616 76.62%	5,990 74.49%	3,182 62.69%	2,203 49.36%	1 0.94%	2 0.47%	2 0.50%	1 0.33%	911 28.71%	714 30.71%
Revenue	11,170	12,142	12,548	15,794	11,778	7,504	8,118	8,635	8,041	5,076	4,463	148	322	320	446	3,172	2,326

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Housing and Infrastructure Products Segment	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Performance and Essential Materials Segment	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate Reconciling Items And Eliminations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and Other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015
United States	7,954 71.21%	8,751 72.07%	8,955 71.37%	10,899 69.01%	8,157 69.26%	5,100 67.96%	5,530 68.12%	6,114 70.80%	5,739 71.37%	3,526 69.46%	3,133 70.20%
Other	1,078 9.65%	1,197 9.86%	1,258 10.03%	1,754 11.11%	1,226 10.41%	995 13.26%	1,159 14.28%	1,010 11.70%	921 11.45%	635 12.51%	481 10.78%
Canada	777 6.96%	792 6.52%	808 6.44%	1,051 6.65%	980 8.32%	601 8.01%	573 7.06%	649 7.52%	653 8.12%	317 6.25%	196 4.39%
Germany	583 5.22%	594 4.89%	602 4.80%	875 5.54%	628 5.33%	458 6.10%	478 5.89%	500 5.79%	432 5.37%	402 7.92%	394 8.83%
Mexico	194 1.74%	206 1.70%	217 1.73%	228 1.44%	149 1.27%	—	—	—	—	—	—
China	162 1.45%	195 1.61%	220 1.75%	262 1.66%	216 1.83%	173 2.31%	175 2.16%	155 1.80%	104 1.29%	87 1.71%	46 1.03%
Brazil	153 1.37%	142 1.17%	215 1.71%	353 2.24%	141 1.20%	—	—	—	—	—	16 0.36%
Italy	144 1.29%	145 1.19%	135 1.08%	200 1.27%	181 1.54%	103 1.37%	119 1.47%	105 1.22%	96 1.19%	84 1.65%	90 2.02%
France	125 1.12%	120 0.99%	138 1.10%	172 1.09%	100 0.85%	—	—	—	—	—	—
Taiwan	—	—	—	—	—	74 0.99%	84 1.03%	102 1.18%	96 1.19%	25 0.49%	0 0.00%
Switzerland	—	—	—	—	—	—	—	—	—	—	107 2.40%
Revenue	11,170	12,142	12,548	15,794	11,778	7,504	8,118	8,635	8,041	5,076	4,463

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Company average sales price change quarter over quarter	Q3 FY2026	−4.00%	−2.00%	—
Company average sales price change year over year	Q3 FY2026	6.00%	−5.00%	—
Company volume change quarter over quarter	Q3 FY2026	−5.00%	−1.00%	—
Company volume change quarter over quarter excluding plant closures and acquisition	Q3 FY2026	−7.00%	—	—
Company volume change year over year	Q3 FY2026	−1.00%	−4.00%	—
Housing and Infrastructure Products average sales price change quarter over quarter	Q3 FY2026	4.00%	—	—
Housing and Infrastructure Products average sales price change year over year	Q3 FY2026	1.00%	−1.00%	—
Housing and Infrastructure Products volume change quarter over quarter	Q3 FY2026	−17.0%	−6.00%	—
Housing and Infrastructure Products volume change quarter over quarter excluding plant closures and acquisition	Q3 FY2026	−17.0%	—	—
Housing and Infrastructure Products volume change year over year	Q3 FY2026	−2.00%	—	—
Housing and Infrastructure Products volume change year over year excluding plant closures and acquisition	Q3 FY2026	−6.00%	—	—
Performance and Essential Materials average sales price change quarter over quarter	Q3 FY2026	−8.00%	−4.00%	—
Performance and Essential Materials average sales price change year over year	Q3 FY2026	9.00%	−7.00%	—
Performance and Essential Materials volume change quarter over quarter	Q3 FY2026	2.00%	1.00%	—
Performance and Essential Materials volume change year over year	Q3 FY2026	−1.00%	−6.00%	—

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
Company average sales price change quarter over quarter	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Company average sales price change year over year	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Company volume change quarter over quarter	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Company volume change quarter over quarter excluding plant closures and acquisition	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Company volume change year over year	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Housing and Infrastructure Products average sales price change quarter over quarter	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Housing and Infrastructure Products average sales price change year over year	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Housing and Infrastructure Products volume change quarter over quarter	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Housing and Infrastructure Products volume change quarter over quarter excluding plant closures and acquisition	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Housing and Infrastructure Products volume change year over year	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Housing and Infrastructure Products volume change year over year excluding plant closures and acquisition	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Performance and Essential Materials average sales price change quarter over quarter	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Performance and Essential Materials average sales price change year over year	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Performance and Essential Materials volume change quarter over quarter	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Performance and Essential Materials volume change year over year	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.