WLK Q2 2022 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q2 2022 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$4.5B+56.8% YoY

Gross Profit

$1.4B32.2% margin

Operating Income

$1.2B26.2% margin

Net Income

$858M19.1% margin

EPS (Diluted)

$6.60

QoQ Revenue Growth

+10.5%

Cash Flow

Operating Cash Flow

$913M

Free Cash Flow

$683M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$20.4B

Total Liabilities

$10.4B

Stockholders' Equity

$9.4B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.5B	$2.9B	+56.8%
Gross Profit	$1.4B	$872M	+65.7%
Operating Income	$1.2B	$720M	+63.2%
Net Income	$858M	$522M	+64.4%

Revenue Segments

Performance and Essential Materials

$3.1B69%

Housing and Infrastructure Products

$1.4B31%