Westlake Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-1,593	-1,471	647	522	2,297	2,070
Depreciation & Amortization	1,179	1,178	1,114	1,097	1,056	840
Stock-Based Compensation	41	41	41	43	36	31
Other Adjustments	-122	902	-19	342	30	67
Change in Receivables	-3	15	87	225	325	-528
Changes in Inventories	117	51	-97	250	-140	-309
Changes in Accounts Payable	-169	-67	-20	-26	-153	242
Changes in Accrued Expenses	58	89	-213	170	137	239
Changes in Other Operating Activities	-77	-273	-226	-287	-193	-258
Operating Cash Flow	448	465	1,314	2,336	3,395	2,394
Operating Cash Flow Growth	-58.05%	-64.61%	-43.75%	-31.19%	41.81%	84.58%
Capital Expenditures	-956	-995	-1,008	-1,034	-1,108	-658
Purchases of Investments	-151	-305	-26	-25	-180	-24
Proceeds from Sale of Investments	-	68	-	-	-	-
Payments for Business Acquisitions	-62	-	-	-	-1,203	-2,554
Other Investing Activities	8	9	33	22	12	23
Investing Cash Flow	-1,060	-1,223	-1,001	-1,037	-2,479	-3,213
Long-Term Debt Issued	-	-	-	-	-	1,671
Long-Term Debt Repaid	-	-254	-300	-	-250	-
Net Long-Term Debt Issued (Repaid)	-	-254	-300	-	-250	1,671
Issuance of Common Stock	-	-	-	-	18	13
Repurchase of Common Stock	-33	-63	-60	-23	-101	-30
Net Common Stock Issued (Repurchased)	-33	-63	-60	-23	-83	-17
Common Dividends Paid	-272	-272	-264	-221	-169	-145
Other Financing Activities	-65	1,119	-26	-1	-85	-72
Financing Cash Flow	563	530	-650	-245	-587	1,437
Effect of Exchange Rate Changes on Cash and Cash Equivalents	24	33	-47	19	-24	-14
Net Cash Flow	-452	-195	-384	1,073	305	604
Free Cash Flow	-508	-530	306	1,302	2,287	1,736
Free Cash Flow Growth	-	-	-76.50%	-43.07%	31.74%	124.87%
FCF Margin	-4.63%	-4.74%	2.52%	10.38%	14.48%	14.74%
Free Cash Flow Per Share	-3.96	-4.13	2.37	10.12	17.75	13.49
Levered Free Cash Flow	-1,485	-1,779	-148	649	1,596	3,782
Unlevered Free Cash Flow	-1,409	-1,471	153.55	713.63	1,977	2,261

SEC Filings: 10-K · 10-Q