WLK Q2 2021 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q2 2021 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$2.9B+67.3% YoY

Gross Profit

$872M30.5% margin

Operating Income

$720M25.2% margin

Net Income

$522M18.3% margin

EPS (Diluted)

$4.04

QoQ Revenue Growth

+21.3%

Cash Flow

Operating Cash Flow

$617M

Free Cash Flow

$488M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$14.7B

Total Liabilities

$7.4B

Stockholders' Equity

$6.8B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$1.7B	+67.3%
Gross Profit	$872M	$169M	+416.0%
Operating Income	$720M	$36M	+1900.0%
Net Income	$522M	$15M	+3380.0%

Revenue Segments

Vinyls

$2.2B77%

Olefins

$671M23%