WLK Q3 2020 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q3 2020 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$1.9B-8.1% YoY

Gross Profit

$248M13.1% margin

Operating Income

$79M4.2% margin

Net Income

$57M3.0% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

+11.1%

Cash Flow

Operating Cash Flow

$357M

Free Cash Flow

$245M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$13.7B

Total Liabilities

$7.2B

Stockholders' Equity

$5.9B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$2.1B	-8.1%
Gross Profit	$248M	$371M	-33.2%
Operating Income	$79M	$226M	-65.0%
Net Income	$57M	$158M	-63.9%

Revenue Segments

Vinyls

$1.5B81%

Olefins

$369M19%