WLK Q2 2019 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q2 2019 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$2.1B-4.1% YoY

Gross Profit

$340M15.9% margin

Operating Income

$194M9.0% margin

Net Income

$119M5.6% margin

EPS (Diluted)

$0.92

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$320M

Free Cash Flow

$112M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$12.2B

Total Liabilities

$6.0B

Stockholders' Equity

$5.7B

Cash & Equivalents

$409M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$2.2B	-4.1%
Gross Profit	$340M	$552M	-38.4%
Operating Income	$194M	$404M	-52.0%
Net Income	$119M	$278M	-57.2%

Revenue Segments

Vinyls

$1.7B78%

Olefins

$477M22%