WLK Q4 2023 Earnings — Westlake Corporation Revenue & Financial Results | Market Cap Arena

WLKWestlake Corporation

$14B

Q4 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$2.8B-14.3% YoY

Gross Profit

$199M7.0% margin

Operating Income

-$552M-19.5% margin

Net Income

-$497M-17.6% margin

EPS (Diluted)

$-3.88

QoQ Revenue Growth

-9.3%

Cash Flow

Operating Cash Flow

$573M

Free Cash Flow

$291M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$21.0B

Total Liabilities

$10.3B

Stockholders' Equity

$10.2B

Cash & Equivalents

$3.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$3.3B	-14.3%
Gross Profit	$199M	$567M	-64.9%
Operating Income	-$552M	$327M	-268.8%
Net Income	-$497M	$232M	-314.2%

Revenue Segments

Performance and Essential Materials

$1.9B67%

Housing and Infrastructure Products

$946M33%