Westlake Chemical Corporation (WLK)
Stock Price Chart
Key Info
| Market Cap | 7.79B |
| Revenue (ttm) | 7.59B |
| Net Income (ttm) | 390.00M |
| Shares Out | 127.69M |
| EPS (ttm) | 3.02 |
| PE Ratio | 20.19 |
| Forward PE | 58.14 |
| Dividend | $1.05 |
| Dividend Yield | 1.72% |
Stock Quote
| Trading Day | Aug 14, 2020 |
| Last Price | $60.97 |
| Previous Close | $60.10 |
| Change ($) | 0.87 |
| Change (%) | 1.45% |
| Day's Open | 59.63 |
| Day's Range | 59.55 - 61.23 |
| Day's Volume | 257,869 |
| 52-Week Range | 28.99 - 75.65 |
More Stats
| Market Cap | 7.79B |
| Enterprise Value | 10.79B |
| Earnings Date (est) | Nov 10, 2020 |
| Ex-Dividend Date | May 22, 2020 |
| Shares Outstanding | 127.69M |
| Float | 32.71M |
| EPS (basic) | 3.02 |
| EPS (diluted) | 3.02 |
| FCF / Share | 5.29 |
| Dividend | $1.05 |
| Dividend Yield | 1.72% |
| Earnings Yield | 4.95% |
| FCF Yield | 8.68% |
| Payout Ratio | n/a |
| Shares Short | 3.61M |
| Short Ratio | 6.62 |
| Short % of Float | 10.68% |
| Beta | 1.69 |
| PE Ratio | 20.19 |
| Forward PE | 58.14 |
| P/FCF Ratio | 11.52 |
| PS Ratio | 1.03 |
| PB Ratio | 1.30 |
| Revenue | 7.59B |
| Operating Income | 500.00M |
| Net Income | 390.00M |
| Free Cash Flow | 676.00M |
| Net Cash | -3.01B |
| Net Cash / Share | -23.56 |
| Gross Margin | 16.60% |
| Operating Margin | 6.59% |
| Profit Margin | 5.10% |
| FCF Margin | 8.91% |
| ROA | 2.50% |
| ROE | 6.81% |
| ROIC | n/a |
Analyst Summary
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8,118 | 8,635 | 8,041 | 5,076 | 4,463 | 4,415 | 3,759 | 3,571 | 3,620 | 3,172 |
| Revenue Growth | -5.99% | 7.39% | 58.41% | 13.74% | 1.08% | 17.45% | 5.28% | -1.35% | 14.13% | - |
| Gross Profit | 1,260 | 1,987 | 1,761 | 983 | 1,185 | 1,317 | 1,101 | 737 | 559 | 483 |
| Operating Income | 656 | 1,408 | 1,225 | 583 | 960 | 1,124 | 953 | 615 | 447 | 378 |
| Net Income | 421 | 996 | 1,304 | 399 | 646 | 679 | 610 | 386 | 259 | 221 |
| Shares Outstanding | 128 | 129 | 129 | 129 | 132 | 133 | 133 | 133 | 132 | 131 |
| Earnings Per Share | 3.25 | 7.62 | 10.00 | 3.06 | 4.86 | 5.07 | 4.55 | 2.88 | 1.94 | 1.67 |
| EPS Growth | -57.35% | -23.8% | 226.8% | -37.04% | -4.14% | 11.43% | 57.99% | 48.84% | 15.87% | - |
| Dividend Per Share | 1.02 | 0.92 | 0.80 | 0.74 | 0.69 | 0.59 | 0.42 | 2.04 | 0.13 | 0.12 |
| Dividend Growth | 11.3% | 14.71% | 7.8% | 7.2% | 17.63% | 40.48% | -79.41% | 1469.23% | 8.33% | - |
| Operating Cash Flow | 1,301 | 1,409 | 1,528 | 867 | 1,079 | 1,032 | 753 | 612 | 359 | 283 |
| Capital Expenditures | -787 | -702 | -577 | -629 | -491 | -431 | -679 | -387 | -177 | -81.27 |
| Free Cash Flow | 514 | 707 | 951 | 238 | 588 | 601 | 73.51 | 225 | 182 | 202 |
| Cash & Equivalents | 728 | 753 | 1,531 | 620 | 1,183 | 881 | 701 | 915 | 922 | 781 |
| Total Debt | 3,800 | 2,668 | 3,837 | 3,828 | 758 | 764 | 764 | 764 | 765 | 764 |
| Net Cash / Debt | -3,072 | -1,915 | -2,306 | -3,208 | 425 | 117 | -63.19 | 151 | 158 | 16.11 |
| Assets | 13,261 | 11,602 | 12,076 | 10,890 | 5,569 | 5,214 | 4,061 | 3,412 | 3,267 | 2,954 |
| Liabilities | 6,858 | 5,526 | 6,707 | 6,998 | 2,007 | 2,012 | 1,642 | 1,540 | 1,511 | 1,449 |
| Book Value | 5,860 | 5,590 | 4,874 | 3,524 | 3,266 | 2,912 | 2,419 | 1,872 | 1,756 | 1,505 |
Company Profile
Company Details
| Full Name | Westlake Chemical Corporation |
| Country | United States |
| Employees | 9,430 |
| CEO | Albert Yuan Chao |
Stock Information
| Ticker Symbol | WLK |
| Stock Exchange | New York Stock Exchange |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Unique Identifier | NYSE: WLK |
| IPO Date | August 11, 2004 |
Description
Westlake Chemical Corporation, together with its subsidiaries, manufactures and markets basic chemicals, vinyls, polymers, and building products worldwide. It operates through two segments, Olefins and Vinyls. The Olefins segment offers polyethylene, styrene monomers, and various ethylene co-products, as well as sells propylene, crude butadiene, pyrolysis gasoline, and hydrogen products. The Vinyls segment provides specialty and commodity polyvinyl chloride (PVC), vinyl chloride monomers, ethylene dichloride, chlorine, caustic soda, chlorinated derivative, and ethylene products. This segment also manufactures and sells PVC compounds and building products fabricated from PVC, including residential siding, trim and moulding, pipe and fittings for various water, sewer and industrial applications, profiles for windows and doors, decking products, film for various inflatables, wall covering tapes, roofing applications, and composite roof tiles. Westlake Chemical Corporation offers its products to a range of customers, including chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses in various consumer and industrial markets, such as flexible and rigid packaging, automotive products, coatings, water treatment, refrigerants, and residential and commercial construction, as well as other durable and non-durable goods. The company was founded in 1986 and is headquartered in Houston, Texas. Westlake Chemical Corporation is a subsidiary of TTWF LP.