Westlake Corporation (WLK)

Westlake Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	12,167	12,548	15,794	11,778	7,504	8,118
Revenue Growth (YoY)	-19.39%	-20.55%	34.10%	56.96%	-7.56%	-5.99%
Cost of Revenue	10,274	10,329	11,721	8,283	6,481	6,858
Gross Profit	1,893	2,219	4,073	3,495	1,023	1,260
Selling, General & Admin	852	865	835	551	449	458
Other Operating Expenses	625	625	188	144	145	146
Operating Expenses	1,477	1,490	1,023	695	594	604
Operating Income	416	729	3,050	2,800	429	656
Interest Expense / Income	163	165	177	176	142	124
Other Expense / Income	-123	-93	-23	2	-1	3
Pretax Income	376	657	2,896	2,622	288	529
Income Tax	117	178	649	607	-42	108
Net Income	259	479	2,247	2,015	330	421
Net Income Growth	-86.26%	-78.68%	11.51%	510.61%	-21.62%	-57.73%
Shares Outstanding (Basic)	128	128	128	128	128	128
Shares Outstanding (Diluted)	129	129	129	129	128	129
Shares Change	0.44%	-0.19%	0.11%	0.48%	-0.52%	-0.95%
EPS (Basic)	2.01	3.73	17.46	15.66	2.57	3.26
EPS (Diluted)	1.99	3.70	17.34	15.58	2.56	3.25
EPS Growth	-86.32%	-78.66%	11.30%	508.59%	-21.23%	-57.35%
Free Cash Flow	954	1,302	2,287	1,736	772	514
Free Cash Flow Per Share	7.43	10.19	17.87	13.56	6.04	4.00
Dividend Per Share	1.857	1.714	1.309	1.135	1.065	1.024
Dividend Growth	35.65%	30.94%	15.33%	6.57%	4.00%	11.30%
Gross Margin	15.56%	17.68%	25.79%	29.67%	13.63%	15.52%
Operating Margin	3.42%	5.81%	19.31%	23.77%	5.72%	8.08%
Profit Margin	2.13%	3.82%	14.23%	17.11%	4.40%	5.19%
Free Cash Flow Margin	7.84%	10.38%	14.48%	14.74%	10.29%	6.33%
Effective Tax Rate	31.12%	27.09%	22.41%	23.15%	-14.58%	20.42%
EBITDA	1,642	1,919	4,129	3,638	1,203	1,366
EBITDA Margin	13.50%	15.29%	26.14%	30.89%	16.03%	16.83%
Depreciation & Amortization	1,103	1,097	1,056	840	773	713
EBIT	539	822	3,073	2,798	430	653
EBIT Margin	4.43%	6.55%	19.46%	23.76%	5.73%	8.04%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).