WLK Q2 2020 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q2 2020 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$1.7B-20.3% YoY

Gross Profit

$169M9.9% margin

Operating Income

$36M2.1% margin

Net Income

$15M0.9% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

-11.5%

Cash Flow

Operating Cash Flow

$448M

Free Cash Flow

$321M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$13.6B

Total Liabilities

$7.1B

Stockholders' Equity

$5.9B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$2.1B	-20.3%
Gross Profit	$169M	$340M	-50.3%
Operating Income	$36M	$194M	-81.4%
Net Income	$15M	$119M	-87.4%

Revenue Segments

Vinyls

$1.3B79%

Olefins

$361M21%