StocksFundsScreenerSectorsWatchlists
WLK

WLK - Westlake Chemical Corp Stock Price, Fair Value and News

153.27USD-0.19 (-0.12%)Market Closed

Market Summary

WLK
USD153.27-0.19
Market Closed
-0.12%

WLK Alerts

  • 2 major insider sales recently.

WLK Stock Price

View Fullscreen

WLK RSI Chart

WLK Valuation

Market Cap

19.7B

Price/Earnings (Trailing)

40.06

Price/Sales (Trailing)

1.57

EV/EBITDA

10.68

Price/Free Cashflow

15.09

WLK Price/Sales (Trailing)

WLK Profitability

EBT Margin

5.58%

Return on Equity

4.79%

Return on Assets

2.33%

Free Cashflow Yield

6.63%

WLK Fundamentals

WLK Revenue

Revenue (TTM)

12.5B

Rev. Growth (Yr)

-14.34%

Rev. Growth (Qtr)

-9.28%

WLK Earnings

Earnings (TTM)

490.5M

Earnings Growth (Yr)

-330.61%

Earnings Growth (Qtr)

-278.42%

Breaking Down WLK Revenue

Last 7 days

-3.1%

Last 30 days

4.4%

Last 90 days

13.5%

Trailing 12 Months

29.8%

How does WLK drawdown profile look like?

WLK Financial Health

Current Ratio

2.37

Debt/Equity

0.45

Debt/Cashflow

0.51

WLK Investor Care

Dividend Yield

0.6%

Dividend/Share (TTM)

0.84

Shares Dilution (1Y)

0.67%

Diluted EPS (TTM)

3.7

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202315.1B13.9B13.0B12.5B
202213.5B15.1B16.0B15.8B
20217.9B9.1B10.2B11.8B
20208.0B7.6B7.4B7.5B
20198.5B8.4B8.2B8.1B
20188.2B8.5B8.7B8.6B
20176.0B6.9B7.8B8.0B
20164.3B4.2B4.3B5.1B
20154.5B4.7B4.6B4.5B
20143.9B4.0B4.2B4.4B
20133.4B3.4B3.6B3.8B
20123.8B3.8B3.6B3.6B
20113.3B3.4B3.6B3.6B
20102.5B2.7B3.0B3.2B
20090002.3B
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Westlake Chemical Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 28, 2024
chao james
gifted
-
-
-36,632
chairman
Mar 21, 2024
zoeller johnathan stevan
back to issuer
-98,921
150
-657
vp and cao
Mar 21, 2024
zoeller johnathan stevan
acquired
65,698
99.9978
657
vp and cao
Mar 15, 2024
buesinger robert f.
sold
-560,371
144
-3,878
evp, hip, it & digital
Mar 13, 2024
buesinger robert f.
sold
-17,629
144
-122
evp, hip, it & digital
Mar 08, 2024
zoeller johnathan stevan
acquired
294,050
105
2,776
vp and cao
Mar 08, 2024
zoeller johnathan stevan
back to issuer
-394,442
142
-2,776
vp and cao
Mar 07, 2024
buesinger robert f.
back to issuer
-1,806,110
142
-12,670
evp, hip, it & digital
Mar 07, 2024
buesinger robert f.
acquired
1,261,840
99.593
12,670
evp, hip, it & digital
Mar 06, 2024
bender mark steven
sold
-677,455
141
-4,804
evp & cfo

1–10 of 50

Which funds bought or sold WLK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
Unison Advisors LLC
added
0.34
67,144
770,723
0.08%
Apr 12, 2024
AdvisorNet Financial, Inc
reduced
-75.00
-2,849
1,070
-%
Apr 12, 2024
DNB Asset Management AS
reduced
-39.51
-491,562
955,764
-%
Apr 11, 2024
CONTRAVISORY INVESTMENT MANAGEMENT, INC.
reduced
-1.19
704,661
9,658,180
2.14%
Apr 11, 2024
BTC Capital Management, Inc.
new
-
419,588
419,588
0.04%
Apr 11, 2024
ROCKLAND TRUST CO
unchanged
-
27,413
326,228
0.02%
Apr 11, 2024
Grey Fox Wealth Advisors, LLC
reduced
-9.62
-2,903
216,865
0.08%
Apr 11, 2024
FORT PITT CAPITAL GROUP, LLC
reduced
-33.89
-1,259,380
3,265,950
0.10%
Apr 11, 2024
Gulf International Bank (UK) Ltd
added
2.61
54,000
504,000
0.01%
Apr 10, 2024
CVA Family Office, LLC
unchanged
-
2,311
27,504
-%

1–10 of 48

Are Funds Buying or Selling WLK?

Are funds buying WLK calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WLK
No. of Funds

Unveiling Westlake Chemical Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
ttwf lp
71.8%
92,010,554
SC 13G/A
Jan 18, 2023
ttwf lp
72.2%
92,010,554
SC 13G/A
Jan 21, 2022
ttwf lp
71.9%
92,010,554
SC 13G/A
Feb 05, 2021
ttwf lp
72.0%
92,010,554
SC 13G/A
Feb 07, 2020
fmr llc
-
0
SC 13G/A
Jan 24, 2020
ttwf lp
71.7%
92,010,554
SC 13G/A

Recent SEC filings of Westlake Chemical Corp

View All Filings
Date Filed Form Type Document
Apr 11, 2024
PX14A6G
PX14A6G
Apr 03, 2024
8-K
Current Report
Apr 01, 2024
4
Insider Trading
Mar 29, 2024
ARS
ARS
Mar 29, 2024
DEF 14A
DEF 14A
Mar 29, 2024
DEFA14A
DEFA14A
Mar 22, 2024
4
Insider Trading
Mar 21, 2024
144
Notice of Insider Sale Intent
Mar 18, 2024
4
Insider Trading
Mar 14, 2024
4
Insider Trading

Peers (Alternatives to Westlake Chemical Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
51.5B
12.4B
-5.47% -19.20%
22.01
4.14
-3.54% 3.06%
40.4B
44.6B
0.47% 1.43%
61.28
0.91
-21.58% -85.78%
17.0B
10.9B
-2.67% 40.70%
8.66
1.55
13.10% 3.48%
16.8B
7.0B
-1.48% 19.43%
52.2
2.41
-7.26% -53.23%
14.1B
9.6B
-1.36% -40.94%
8.99
1.47
31.38% -41.50%
11.4B
9.2B
5.47% 17.54%
12.78
1.24
-12.95% 12.74%
MID-CAP
5.2B
3.9B
5.69% 23.87%
11.6
1.31
-9.12% 26.64%
4.7B
922.4M
-6.20% 15.51%
43.61
5.13
-2.11% 3.01%
3.8B
3.1B
2.37% 3.94%
50.24
1.22
-7.48% -89.19%
2.9B
3.1B
-1.93% 21.31%
6.28
0.92
-15.54% -65.21%
SMALL-CAP
1.2B
404.0M
0.11% 32.60%
36.59
3
24.06% -25.72%
722.2M
1.5B
3.01% -32.07%
13.22
0.47
-21.18% -60.55%
178.7M
357.7M
7.50% 2.01%
8.79
0.5
-5.20% 66.55%
108.8M
16.7M
-15.24% 9.45%
9.82
6.5
-57.58% 866.09%
3.7M
-
-80.00% -99.58%
-0.01
0.01
- -

Westlake Chemical Corp News

Latest updates
Yahoo Movies Canada14 hours ago
Yahoo Canada Shine On31 hours ago
Yahoo News UK12 Apr 202402:26 pm
TradingView27 Feb 202408:00 am
Quartz20 Feb 202408:00 am

Westlake Chemical Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-9.3%2,8263,1153,2513,3563,2993,9564,4834,0563,5073,0552,8592,3571,9651,8981,7091,9321,8832,0662,1442,0251,995
Gross Profit-66.0%1995866427925677761,4451,2851,0961,018872509323248169283250371340299354
  S&GA Expenses8.7%224206213222200215220200168122125136117108104120115110117116108
EBITDA Margin-27.7%0.16*0.22*0.21*0.25*0.26*0.29*0.33*0.33*0.31*0.29*0.24*0.18*---------
Interest Expenses2.5%41.0040.0042.0042.0043.0044.0044.0046.0046.0061.0036.0033.0034.0037.0040.0031.0035.0031.0028.0030.0030.00
Income Taxes-201.4%-71.0070.0070.0010957.0084.0027523318419315872.0033.00-15.00-19.00-41.00-12.0050.0039.0031.0045.00
Earnings Before Taxes-252.9%-5583653775163054961,14899784581369432515654.005.0011673.00216168113176
EBT Margin-53.5%0.06*0.12*0.12*0.16*0.19*0.22*0.25*0.25*0.23*0.19*0.14*0.07*---------
Net Income-278.4%-50828530740722140187376463260753625311357.0024.0015772.0015811972.00123
Net Income Margin-58.3%0.04*0.09*0.10*0.13*0.14*0.17*0.19*0.19*0.17*0.15*0.11*0.06*---------
Free Cashflow-35.5%291451551245424629911437378754616124---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.7%21,03521,39620,98120,80620,55020,42520,37219,74118,45917,10814,71914,05013,83513,69413,55514,16313,26113,10712,21612,10411,602
  Current Assets-2.2%6,6096,7576,2966,1465,9736,1016,0135,4055,2636,4354,4453,7343,4773,3813,1653,7682,7423,4822,5952,6272,842
    Cash Equivalents8.1%3,3043,0572,6772,4142,2281,8061,3441,0841,9413,6101,8791,4301,3371,2401,1301,5597501,459431467775
  Inventory-3.0%1,6221,6721,6711,8421,8662,0242,0211,8841,4071,1249659559188298459349369069251,0211,014
  Net PPE-0.6%8,5198,5708,5508,5188,4778,3018,3038,2767,6066,9926,9196,9216,9206,8536,8876,8836,9126,8426,8326,7206,595
  Goodwill-5.6%2,0412,1612,1672,1672,1612,1432,1392,1402,0241,2531,0851,0821,0831,0751,0701,0651,0741,0691,0791,0471,002
Liabilities1.6%10,27110,1119,9049,97810,08510,23710,39810,4899,9319,2397,3807,2257,2577,2067,1187,7256,8586,7455,9575,9195,526
  Current Liabilities4.9%2,7902,6592,1312,1592,2982,4612,5132,5502,3441,8981,4851,3261,3571,2181,1091,0241,2411,2381,2541,2261,183
  Long Term Debt0.7%4,6074,5744,8944,8924,8794,8134,8584,9024,9114,9293,5553,5473,5663,6813,7454,4323,4453,4242,6692,6692,668
    LT Debt, Current0%299299---6.0010.00264269268-----------
    LT Debt, Non Current0.7%4,6074,5744,8944,8924,8794,8134,8584,9024,9114,9293,5553,5473,5663,6813,7454,4323,4453,4242,6692,6692,668
Shareholder's Equity-4.8%10,24110,75411,07710,8289,93110,1889,9749,2528,5287,8697,3396,8256,5786,4886,4376,4386,4036,3626,2596,1856,076
  Retained Earnings-5.2%10,14310,70510,48410,2329,8859,7009,3458,5257,8087,2026,6336,1455,9385,8635,8405,8605,7575,7245,6005,5135,477
  Additional Paid-In Capital1.8%630619601590601590582572581576571564569563558551553561558553556
Shares Outstanding0.0%128128128128128128128128128128128128---------
Minority Interest-1.5%523531533537534567570571573571568564535539536545543538540553486
Float---3,900---3,200---3,000---1,800---2,500--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-17.7%573,000696,000555,000512,000835,000947,000913,000700,000757,000755,000617,000265,000431,000357,000448,00061,000333,000501,000320,000147,000254,000
  Share Based Compensation20.0%12,00010,00012,0009,00010,0009,0009,0008,0008,0007,0008,0008,0008,0007,0008,0006,0006,0006,0006,0007,0006,000
Cashflow From Investing-14.3%-287,000-251,000-236,000-263,000-331,000-345,000-296,000-1,507,000-2,371,000-578,000-129,000-135,000-143,000-106,000-128,000-132,000-1,006,000-185,000-288,000-475,000-193,000
Cashflow From Financing-59.1%-70,000-44,000-56,000-75,000-107,000-103,000-330,000-47,000-50,0001,559,000-38,000-34,000-202,000-145,000-752,000883,000-39,000717,000-69,00021,000-96,000
  Dividend Payments1.6%65,00064,00045,00047,00046,00046,00038,00039,00038,00038,00034,00035,00035,00034,00034,00034,00034,00033,00032,00033,00033,000
  Buy Backs---1,00022,00033,00037,00031,000--30,000-----54,000-10,00020,000-57,000

WLK Income Statement

2023-12-31
Consolidated Statements Of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Net sales$ 12,548$ 15,794$ 11,778
Cost of sales10,32911,7218,283
Gross profit2,2194,0733,495
Selling, general and administrative expenses865835551
Impairment of goodwill and long-lived assets47500
Amortization of intangibles122155123
Restructuring, transaction and integration-related costs283321
Income from operations7293,0502,800
Other income (expense)   
Interest expense(165)(177)(176)
Other income, net1367353
Income before income taxes7002,9462,677
Provision for income taxes178649607
Net income5222,2972,070
Net income attributable to noncontrolling interests435055
Net income attributable to Westlake Corporation$ 479$ 2,247$ 2,015
Earnings per common share attributable to Westlake Corporation:   
Basic (in dollars per share)$ 3.73$ 17.46$ 15.66
Diluted (in dollars per share)$ 3.70$ 17.34$ 15.58
Weighted average common shares outstanding:   
Basic (in shares)127,806,317127,970,445128,002,911
Diluted (in shares)128,598,441128,845,562128,697,982

WLK Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 3,304$ 2,228
Accounts receivable, net1,6011,801
Inventories1,6221,866
Prepaid expenses and other current assets8278
Total current assets6,6095,973
Property, plant and equipment, net8,5198,477
Operating lease right-of-use assets697615
Goodwill2,0412,161
Customer relationships, net910993
Other intangible assets, net493572
Equity method investments1,1151,142
Other assets, net651617
Total assets21,03520,550
Current liabilities  
Accounts payable877889
Accrued and other liabilities1,6141,409
Current portion of long-term debt, net2990
Total current liabilities2,7902,298
Long-term debt, net4,6074,879
Deferred income taxes1,5601,735
Pension and other post-retirement benefits363355
Operating lease liabilities611504
Other liabilities340314
Total liabilities10,27110,085
Commitments and contingencies
Stockholders' equity  
Preferred stock, $0.01 par value, 50,000,000 shares authorized; no shares issued and outstanding00
Common stock, $0.01 par value, 300,000,000 shares authorized; 134,651,380 and 134,651,380 shares issued at December 31, 2023 and 2022, respectively11
Common stock, held in treasury, at cost; 6,439,289 and 7,278,651 shares at December 31, 2023 and 2022, respectively(435)(467)
Additional paid-in capital630601
Retained earnings10,1439,885
Accumulated other comprehensive loss(98)(89)
Total Westlake Corporation stockholders' equity10,2419,931
Noncontrolling interests523534
Total equity10,76410,465
Total liabilities and equity$ 21,035$ 20,550
WLK
Westlake Corporation manufactures and markets performance and essential materials, and housing and infrastructure products in the United States, Canada, Germany, China, Italy, Taiwan, and internationally. The Performance and Essential Materials segment offers polyethylene, styrene monomer, ethylene co-products, polyvinyl chloride (PVC), vinyl chloride monomer, ethylene dichloride chlor-alkali, chlorinated derivative products, and epoxy resins. The Housing and Infrastructure Products segment provides residential PVC siding; PVC trim and mouldings; architectural stone veneer; windows; PVC decking; PVC films for various inflatables, wallcovering, and tape and roofing applications; polymer composite and cement roof tiles; PVC pipes and fittings for various water, sewer, electrical, and industrial applications; PVC compounds used in various housing, medical, and automobile products; and consumer and commercial products, such as landscape edging; industrial, home, and office matting; marine dock edging; and masonry joint controls. The company offers its products to chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses for use in various consumer and industrial markets, including residential construction, flexible and rigid packaging, automotive products, healthcare products, water treatment, wind turbines, and coatings, as well as other durable and non-durable goods. The company was formerly known as Westlake Chemical Corporation and changed its name to Westlake Corporation in February 2022. The company was founded in 1986 and is headquartered in Houston, Texas. Westlake Corporation is a subsidiary of TTWF LP.
 CEO
 WEBSITEwestlake.com
 INDUSTRYChemicals
 EMPLOYEES15920

Westlake Chemical Corp Frequently Asked Questions


What is the ticker symbol for Westlake Chemical Corp? What does WLK stand for in stocks?

WLK is the stock ticker symbol of Westlake Chemical Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Westlake Chemical Corp (WLK)?

As of Mon Apr 15 2024, market cap of Westlake Chemical Corp is 19.65 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WLK stock?

You can check WLK's fair value in chart for subscribers.

What is the fair value of WLK stock?

You can check WLK's fair value in chart for subscribers. The fair value of Westlake Chemical Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Westlake Chemical Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WLK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Westlake Chemical Corp a good stock to buy?

The fair value guage provides a quick view whether WLK is over valued or under valued. Whether Westlake Chemical Corp is cheap or expensive depends on the assumptions which impact Westlake Chemical Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WLK.

What is Westlake Chemical Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, WLK's PE ratio (Price to Earnings) is 40.06 and Price to Sales (PS) ratio is 1.57. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WLK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Westlake Chemical Corp's stock?

In the past 10 years, Westlake Chemical Corp has provided 0.102 (multiply by 100 for percentage) rate of return.