WLK Q2 2017 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q2 2017 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$2.0B+82.2% YoY

Gross Profit

$403M20.4% margin

Operating Income

$264M13.3% margin

Net Income

$153M7.7% margin

EPS (Diluted)

$1.17

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$322M

Free Cash Flow

$176M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$10.9B

Total Liabilities

$6.7B

Stockholders' Equity

$3.8B

Cash & Equivalents

$396M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.1B	+82.2%
Gross Profit	$403M	$241M	+67.0%
Operating Income	$264M	$180M	+46.7%
Net Income	$153M	$111M	+37.7%

Revenue Segments

Vinyls

$1.5B75%

Olefins

$489M25%