WLK Q1 2019 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q1 2019 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$2.0B-5.8% YoY

Gross Profit

$299M14.8% margin

Operating Income

$134M6.6% margin

Net Income

$72M3.6% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

+1.5%

Cash Flow

Operating Cash Flow

$147M

Free Cash Flow

-$56M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$12.1B

Total Liabilities

$5.9B

Stockholders' Equity

$5.6B

Cash & Equivalents

$445M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$2.1B	-5.8%
Gross Profit	$299M	$542M	-44.8%
Operating Income	$134M	$401M	-66.6%
Net Income	$72M	$287M	-74.9%

Revenue Segments

Vinyls

$1.6B77%

Olefins

$459M23%