WLK Q3 2019 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q3 2019 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$2.1B-8.4% YoY

Gross Profit

$371M18.0% margin

Operating Income

$226M10.9% margin

Net Income

$158M7.6% margin

EPS (Diluted)

$1.22

QoQ Revenue Growth

-3.6%

Cash Flow

Operating Cash Flow

$501M

Free Cash Flow

$308M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$13.1B

Total Liabilities

$6.7B

Stockholders' Equity

$5.8B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$2.3B	-8.4%
Gross Profit	$371M	$539M	-31.2%
Operating Income	$226M	$396M	-42.9%
Net Income	$158M	$308M	-48.7%

Revenue Segments

Vinyls

$1.6B78%

Olefins

$448M22%