WLK Q3 2023 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q3 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$3.1B-21.3% YoY

Gross Profit

$586M18.8% margin

Operating Income

$349M11.2% margin

Net Income

$285M9.1% margin

EPS (Diluted)

$2.20

QoQ Revenue Growth

-4.2%

Cash Flow

Operating Cash Flow

$696M

Free Cash Flow

$451M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$21.4B

Total Liabilities

$10.1B

Stockholders' Equity

$10.8B

Cash & Equivalents

$3.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.1B	$4.0B	-21.3%
Gross Profit	$586M	$776M	-24.5%
Operating Income	$349M	$516M	-32.4%
Net Income	$285M	$401M	-28.9%

Revenue Segments

Performance and Essential Materials

$2.0B63%

Housing and Infrastructure Products

$1.1B37%