WLK Q2 2024 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q2 2024 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$3.2B-1.4% YoY

Gross Profit

$664M20.7% margin

Operating Income

$406M12.7% margin

Net Income

$313M9.8% margin

EPS (Diluted)

$2.40

QoQ Revenue Growth

+7.8%

Cash Flow

Operating Cash Flow

$237M

Free Cash Flow

$6M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$21.1B

Total Liabilities

$10.0B

Stockholders' Equity

$10.6B

Cash & Equivalents

$3.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$3.3B	-1.4%
Gross Profit	$664M	$642M	+3.4%
Operating Income	$406M	$396M	+2.5%
Net Income	$313M	$297M	+5.4%

Revenue Segments

Performance and Essential Materials

$2.0B63%

Housing and Infrastructure Products

$1.2B37%