WLKWestlake Corporation

$14B

Q1 2020 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$1.9B-4.6% YoY

Gross Profit

$283M14.6% margin

Operating Income

$136M7.0% margin

Net Income

$145M7.5% margin

EPS (Diluted)

$1.13

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$61M

Free Cash Flow

-$103M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$14.2B

Total Liabilities

$7.7B

Stockholders' Equity

$5.9B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$2.0B	-4.6%
Gross Profit	$283M	$299M	-5.4%
Operating Income	$136M	$134M	+1.5%
Net Income	$145M	$72M	+101.4%

Revenue Segments

Vinyls

$1.5B78%

Olefins

$427M22%

WLK Q1 2020 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena