WLK Q1 2017 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q1 2017 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$1.9B+99.2% YoY

Gross Profit

$366M18.8% margin

Operating Income

$234M12.0% margin

Net Income

$138M7.1% margin

EPS (Diluted)

$1.06

QoQ Revenue Growth

+12.0%

Cash Flow

Operating Cash Flow

$157M

Free Cash Flow

$23M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$10.7B

Total Liabilities

$6.7B

Stockholders' Equity

$3.7B

Cash & Equivalents

$373M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$975M	+99.2%
Gross Profit	$366M	$256M	+43.2%
Operating Income	$234M	$202M	+15.7%
Net Income	$138M	$123M	+12.1%

Revenue Segments

Vinyls

$1.4B72%

Olefins

$543M28%