WLKWestlake Corporation

$14B

Q4 2022 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$3.3B-5.9% YoY

Gross Profit

$567M17.2% margin

Operating Income

$327M9.9% margin

Net Income

$232M7.0% margin

EPS (Diluted)

$1.81

QoQ Revenue Growth

-16.6%

Cash Flow

Operating Cash Flow

$835M

Free Cash Flow

$538M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$20.6B

Total Liabilities

$10.1B

Stockholders' Equity

$9.9B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$3.5B	-5.9%
Gross Profit	$567M	$1.1B	-48.3%
Operating Income	$327M	$873M	-62.5%
Net Income	$232M	$644M	-64.0%

Revenue Segments

Performance and Essential Materials

$2.4B72%

Housing and Infrastructure Products

$938M28%

WLK Q4 2022 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena