WLK Q3 2022 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q3 2022 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$4.0B+29.5% YoY

Gross Profit

$776M19.6% margin

Operating Income

$516M13.0% margin

Net Income

$401M10.1% margin

EPS (Diluted)

$3.10

QoQ Revenue Growth

-11.8%

Cash Flow

Operating Cash Flow

$947M

Free Cash Flow

$629M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$20.4B

Total Liabilities

$10.2B

Stockholders' Equity

$9.6B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$3.1B	+29.5%
Gross Profit	$776M	$1.0B	-23.8%
Operating Income	$516M	$861M	-40.1%
Net Income	$401M	$607M	-33.9%

Revenue Segments

Performance and Essential Materials

$2.7B69%

Housing and Infrastructure Products

$1.2B31%