WLK Q1 2021 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q1 2021 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$2.4B+22.0% YoY

Gross Profit

$509M21.6% margin

Operating Income

$346M14.7% margin

Net Income

$242M10.3% margin

EPS (Diluted)

$1.87

QoQ Revenue Growth

+19.9%

Cash Flow

Operating Cash Flow

$265M

Free Cash Flow

$124M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$14.1B

Total Liabilities

$7.2B

Stockholders' Equity

$6.3B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$1.9B	+22.0%
Gross Profit	$509M	$283M	+79.9%
Operating Income	$346M	$136M	+154.4%
Net Income	$242M	$145M	+66.9%

Revenue Segments

Vinyls

$1.8B77%

Olefins

$537M23%