WLK Q3 2021 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q3 2021 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$3.1B+61.0% YoY

Gross Profit

$1.0B33.3% margin

Operating Income

$861M28.2% margin

Net Income

$607M19.9% margin

EPS (Diluted)

$4.69

QoQ Revenue Growth

+6.9%

Cash Flow

Operating Cash Flow

$755M

Free Cash Flow

$611M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$17.1B

Total Liabilities

$9.2B

Stockholders' Equity

$7.3B

Cash & Equivalents

$3.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.1B	$1.9B	+61.0%
Gross Profit	$1.0B	$248M	+310.5%
Operating Income	$861M	$79M	+989.9%
Net Income	$607M	$57M	+964.9%

Revenue Segments

Vinyls

$2.3B77%

Olefins

$707M23%