Last 7 days
0.2%
Last 30 days
-5.3%
Last 90 days
12.6%
Trailing 12 Months
39.6%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-31 | Chao James | back to issuer | -32,102,700 | 131 | -244,591 | chairman |
2023-08-31 | Chao James | gifted | - | - | -58,268 | chairman |
2023-08-31 | Chao David Tsung-Hung | gifted | - | - | 19,423 | - |
2023-08-31 | Chao Catherine T. | gifted | - | - | 19,423 | - |
2023-08-31 | Chao Albert | acquired | 1,278,780 | 63.9775 | 19,988 | president & ceo |
2023-08-31 | Chao James | acquired | 17,097,000 | 69.9003 | 244,591 | chairman |
2023-08-31 | Chao Albert | back to issuer | -2,629,030 | 131 | -19,988 | president & ceo |
2023-08-30 | Chao James | back to issuer | -4,018,580 | 133 | -30,056 | chairman |
2023-08-30 | Chao James | acquired | 1,626,730 | 54.1232 | 30,056 | chairman |
2023-08-30 | Chao Albert | back to issuer | -2,682,970 | 134 | -20,000 | president & ceo |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | 21.00 | 717 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | added | 0.2 | 381,134 | 12,253,000 | 0.12% |
2023-08-22 | COMERICA BANK | new | - | 2,000 | 2,000 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 4.73 | 257,440 | 2,915,650 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 10.3 | 89,000 | 747,000 | 0.01% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.32 | 41,596 | 6,803,580 | 0.01% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -5.36 | -1,605,720 | 62,259,300 | 0.02% |
2023-08-15 | WELLS FARGO & COMPANY/MN | reduced | -13.38 | -1,406,680 | 11,646,900 | -% |
2023-08-15 | Vestcor Inc | unchanged | - | 21,000 | 717,000 | 0.03% |
2023-08-15 | LAZARD ASSET MANAGEMENT LLC | reduced | -30.46 | -4,106,000 | 10,368,000 | 0.01% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 15, 2023 | 4/A | Insider Trading | |
Sep 01, 2023 | 4 | Insider Trading | |
Sep 01, 2023 | 4 | Insider Trading | |
Sep 01, 2023 | 4 | Insider Trading | |
Sep 01, 2023 | 4 | Insider Trading | |
Aug 31, 2023 | 4 | Insider Trading | |
Aug 31, 2023 | 4 | Insider Trading | |
Aug 31, 2023 | 4 | Insider Trading | |
Aug 31, 2023 | 4 | Insider Trading | |
Aug 30, 2023 | 144 | Notice of Insider Sale Intent |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
LYB | 31.5B | 43.0B | -0.90% | 27.14% | 14.89 | 0.73 | -19.65% | -61.23% |
IFF | 17.9B | 11.9B | 8.41% | -31.08% | -8.13 | 1.51 | -6.11% | -441.15% |
WLK | 15.9B | 13.9B | -5.28% | 39.60% | 11.86 | 1.14 | -8.20% | -53.46% |
RPM | 12.2B | 7.3B | -6.21% | 7.15% | 25.52 | 1.68 | 8.18% | -2.60% |
PPG | - | 17.9B | -5.63% | 12.72% | - | - | 1.96% | 21.57% |
MID-CAP | ||||||||
AXTA | - | 5.1B | -3.30% | 12.06% | - | - | 9.03% | 9.70% |
OLN | 6.1B | 7.8B | -14.24% | 6.57% | 7.54 | 0.78 | -20.33% | -46.41% |
NEU | 4.4B | 2.8B | -0.82% | 54.45% | 12.58 | 1.6 | 7.02% | 79.95% |
SXT | 2.6B | 1.5B | 6.08% | -17.13% | 19.5 | 1.78 | 2.92% | -2.93% |
SMALL-CAP | ||||||||
FF | 313.3M | 395.4M | -0.83% | 16.63% | 7.47 | 0.79 | 6.42% | 107.62% |
WLKP | - | 1.4B | -2.26% | -1.42% | - | - | -5.70% | -3.36% |
AMRS | 29.3M | 268.2M | -95.00% | -98.59% | -0.05 | 0.11 | 20.46% | -592.58% |
10.3%
15.1%
9.0%
23.8%
90.4%
56.9%
35.4%
Y-axis is the maximum loss one would have experienced if Westlake Chemical was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | -8.2% | 13,862 | 15,094 | 15,794 | 16,002 | 15,101 | 13,477 | 11,778 | 10,236 | 9,079 | 7,929 | 7,504 | 7,422 | 7,590 | 8,025 | 8,118 | 8,230 | 8,419 | 8,510 | 8,635 | 8,650 | 8,504 |
Gross Profit | -22.4% | 2,777 | 3,580 | 4,073 | 4,602 | 4,844 | 4,271 | 3,495 | 2,722 | 1,952 | 1,249 | 1,023 | 950 | 1,073 | 1,244 | 1,260 | 1,364 | 1,532 | 1,744 | 1,987 | 2,129 | 2,086 |
S&GA Expenses | -0.8% | 850 | 857 | 835 | 803 | 710 | 615 | 551 | 500 | 486 | 465 | 449 | 447 | 449 | 462 | 458 | 451 | 455 | 453 | 445 | 438 | 422 |
EBITDA | -100.0% | - | 3,704 | 4,179 | 4,691 | 4,964 | 4,440 | 3,693 | 2,948 | 2,158 | 1,462 | 1,246 | 1,156 | 1,294 | 1,430 | 1,407 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.25* | 0.26* | 0.29* | 0.33* | 0.33* | 0.31* | 0.29* | 0.24* | 0.18* | 0.17* | 0.16* | 0.17* | 0.18* | 0.17* | - | - | - | - | - | - |
Interest Expenses | -1.2% | 171 | 173 | 177 | 180 | 197 | 189 | 176 | 164 | 140 | 144 | 142 | 143 | 137 | 125 | 124 | 119 | 116 | 119 | 126 | 136 | 148 |
Earnings Before Taxes | -31.3% | 1,694 | 2,465 | 2,946 | 3,486 | 3,803 | 3,349 | 2,677 | 1,988 | 1,229 | 540 | 331 | 248 | 410 | 573 | 570 | 673 | 848 | 1,061 | 1,334 | 1,483 | 1,420 |
EBT Margin | -100.0% | - | 0.16* | 0.19* | 0.22* | 0.25* | 0.25* | 0.23* | 0.19* | 0.14* | 0.07* | 0.04* | 0.03* | 0.05* | 0.07* | 0.07* | - | - | - | - | - | - |
Net Income | -29.6% | 1,337 | 1,898 | 2,247 | 2,667 | 2,873 | 2,551 | 2,015 | 1,509 | 959 | 447 | 351 | 310 | 411 | 506 | 421 | 472 | 622 | 781 | 996 | 1,675 | 1,578 |
Net Income Margin | -100.0% | - | 0.13* | 0.14* | 0.17* | 0.19* | 0.19* | 0.17* | 0.14* | 0.10* | 0.05* | 0.04* | 0.04* | 0.05* | 0.06* | 0.05* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 2,095 | 2,287 | 2,262 | 2,244 | 2,049 | 1,736 | 1,532 | 1,166 | 999 | 772 | 613 | 676 | 467 | 514 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 0.8% | 20,981 | 20,806 | 20,550 | 20,425 | 20,372 | 19,741 | 18,459 | 17,108 | 14,719 | 14,050 | 13,835 | 13,694 | 13,555 | 14,163 | 13,261 | 13,107 | 12,216 | 12,104 | 11,602 | 11,721 | 11,346 |
Current Assets | 2.4% | 6,296 | 6,146 | 5,973 | 6,101 | 6,013 | 5,405 | 5,263 | 6,435 | 4,445 | 3,734 | 3,477 | 3,381 | 3,165 | 3,768 | 2,742 | 3,482 | 2,595 | 2,627 | 2,842 | 3,004 | 2,694 |
Cash Equivalents | 10.9% | 2,677 | 2,414 | 2,228 | 1,778 | 1,344 | 1,084 | 1,941 | 3,610 | 1,879 | 1,430 | 1,337 | 1,240 | 1,130 | 1,559 | 750 | 1,459 | 431 | 467 | 775 | 811 | 505 |
Inventory | -9.3% | 1,671 | 1,842 | 1,866 | 2,024 | 2,021 | 1,884 | 1,407 | 1,124 | 965 | 955 | 918 | 829 | 845 | 934 | 936 | 906 | 925 | 1,021 | 1,014 | 939 | 905 |
Net PPE | 0.4% | 8,550 | 8,518 | 8,525 | 8,301 | 8,303 | 8,276 | 7,606 | 6,992 | 6,919 | 6,921 | 6,920 | 6,853 | 6,887 | 6,883 | 6,912 | 6,842 | 6,832 | 6,720 | 6,595 | 6,519 | 6,468 |
Goodwill | 0% | 2,167 | 2,167 | 2,161 | 2,143 | 2,139 | 2,140 | 2,024 | 1,253 | 1,085 | 1,082 | 1,083 | 1,075 | 1,070 | 1,065 | 1,074 | 1,069 | 1,079 | 1,047 | 1,002 | 1,008 | 1,006 |
Liabilities | -0.7% | 9,904 | 9,978 | 10,085 | 10,237 | 10,398 | 10,489 | 9,931 | 9,239 | 7,380 | 7,225 | 7,257 | 7,206 | 7,118 | 7,725 | 6,858 | 6,745 | 5,957 | 5,919 | 5,526 | 5,633 | 5,500 |
Current Liabilities | -1.3% | 2,131 | 2,159 | 2,298 | 2,461 | 2,513 | 2,550 | 2,344 | 1,898 | 1,485 | 1,326 | 1,357 | 1,218 | 1,109 | 1,024 | 1,241 | 1,238 | 1,254 | 1,226 | 1,183 | 1,301 | 1,186 |
LT Debt, Current | - | - | - | - | 6.00 | 10.00 | 264 | 269 | 268 | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Non Current | 0.0% | 4,894 | 4,892 | 4,879 | 4,813 | 4,858 | 4,902 | 4,911 | 4,929 | 3,555 | 3,547 | 3,566 | 3,681 | 3,745 | 4,432 | 3,445 | 3,424 | 2,669 | 2,669 | 2,668 | 2,667 | 2,666 |
Shareholder's Equity | -2.6% | 10,544 | 10,828 | 9,931 | 9,621 | 9,974 | 9,252 | 8,528 | 7,869 | 7,339 | 6,825 | 6,578 | 6,488 | 6,437 | 6,438 | 6,403 | 6,362 | 6,259 | 6,185 | 6,076 | 6,088 | 5,846 |
Retained Earnings | 2.5% | 10,484 | 10,232 | 9,885 | 9,700 | 9,345 | 8,525 | 7,808 | 7,202 | 6,633 | 6,145 | 5,938 | 5,863 | 5,840 | 5,860 | 5,757 | 5,724 | 5,600 | 5,513 | 5,477 | 5,400 | 5,125 |
Additional Paid-In Capital | 1.9% | 601 | 590 | 601 | 590 | 582 | 572 | 581 | 576 | 571 | 564 | 569 | 563 | 558 | 551 | 553 | 561 | 558 | 553 | 556 | 562 | 558 |
Shares Outstanding | 0.1% | 128 | 128 | - | 128 | 128 | 128 | - | 128 | 128 | 128 | - | 128 | 128 | 128 | - | 128 | 128 | 129 | - | 129 | 130 |
Minority Interest | -0.7% | 533 | 537 | 534 | 567 | 570 | 571 | 573 | 571 | 568 | 564 | 535 | 539 | 536 | 545 | 543 | 538 | 540 | 553 | 486 | 486 | 484 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -11.2% | 2,849 | 3,207 | 3,395 | 3,317 | 3,125 | 2,829 | 2,394 | 2,068 | 1,670 | 1,501 | 1,297 | 1,199 | 1,343 | 1,215 | 1,301 | 1,222 | 1,327 | 1,331 | 1,409 | 1,721 | 1,597 |
Share Based Compensation | 8.1% | 40.00 | 37.00 | 36.00 | 34.00 | 32.00 | 31.00 | 31.00 | 31.00 | 31.00 | 31.00 | 29.00 | 27.00 | 26.00 | 24.00 | 25.00 | 25.00 | 24.00 | 23.00 | 22.00 | 22.00 | 23.00 |
Cashflow From Investing | 4.9% | -1,175 | -1,235 | -2,479 | -4,519 | -4,752 | -4,585 | -3,213 | -985 | -513 | -512 | -509 | -1,372 | -1,451 | -1,611 | -1,954 | -1,141 | -1,163 | -1,051 | -754 | -753 | -696 |
Cashflow From Financing | 44.6% | -341 | -615 | -587 | -530 | 1,132 | 1,424 | 1,437 | 1,285 | -419 | -1,133 | -216 | -53.00 | 809 | 1,492 | 630 | 573 | -233 | -675 | -1,427 | -865 | -835 |
Dividend Payments | 4.0% | 184 | 177 | 169 | 161 | 153 | 149 | 145 | 142 | 138 | 138 | 137 | 136 | 135 | 133 | 132 | 131 | 131 | 126 | 120 | 114 | 108 |
Buy Backs | -24.4% | 93.00 | 123 | 101 | 68.00 | 61.00 | 30.00 | 30.00 | 30.00 | - | - | 54.00 | 54.00 | 64.00 | 84.00 | 30.00 | 87.00 | 126 | 141 | 106 | 98.00 | - |
Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Income Statement [Abstract] | ||||
Net sales | $ 3,251 | $ 4,483 | $ 6,607 | $ 8,539 |
Cost of sales | 2,609 | 3,038 | 5,173 | 5,809 |
Gross profit | 642 | 1,445 | 1,434 | 2,730 |
Selling, general and administrative expenses | 213 | 220 | 435 | 420 |
Amortization of intangibles | 30 | 43 | 61 | 85 |
Restructuring, transaction and integration-related costs | 3 | 7 | 6 | 18 |
Income from operations | 396 | 1,175 | 932 | 2,207 |
Other income (expense) | ||||
Interest expense | (42) | (44) | (84) | (90) |
Other income, net | 23 | 17 | 45 | 28 |
Income before income taxes | 377 | 1,148 | 893 | 2,145 |
Provision for income taxes | 70 | 275 | 179 | 508 |
Net income | 307 | 873 | 714 | 1,637 |
Net income attributable to noncontrolling interests | 10 | 15 | 23 | 23 |
Net income attributable to Westlake Corporation | $ 297 | $ 858 | $ 691 | $ 1,614 |
Earnings per common share attributable to Westlake Corporation: | ||||
Basic (in dollars per share) | $ 2.32 | $ 6.65 | $ 5.39 | $ 12.52 |
Diluted (in dollars per share) | $ 2.31 | $ 6.60 | $ 5.35 | $ 12.43 |
Weighted average common shares outstanding: | ||||
Basic (in shares) | 127,649,341 | 128,341,132 | 127,599,093 | 128,206,988 |
Diluted (in shares) | 128,484,016 | 129,341,096 | 128,471,760 | 129,134,246 |
Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 2,677 | $ 2,228 |
Accounts receivable, net | 1,855 | 1,801 |
Inventories | 1,671 | 1,866 |
Prepaid expenses and other current assets | 93 | 78 |
Total current assets | 6,296 | 5,973 |
Property, plant and equipment, net | 8,550 | 8,525 |
Operating lease right-of-use assets | 644 | 615 |
Goodwill | 2,167 | 2,161 |
Customer relationships, net | 955 | 993 |
Other intangible assets, net | 552 | 572 |
Equity method investments | 1,120 | 1,142 |
Other assets, net | 697 | 569 |
Total assets | 20,981 | 20,550 |
Current liabilities | ||
Accounts payable | 802 | 889 |
Accrued and other liabilities | 1,329 | 1,409 |
Total current liabilities | 2,131 | 2,298 |
Long-term debt, net | 4,894 | 4,879 |
Deferred income taxes | 1,692 | 1,735 |
Pension and other post-retirement benefits | 358 | 355 |
Operating lease liabilities | 536 | 504 |
Other liabilities | 293 | 314 |
Total liabilities | 9,904 | 10,085 |
Commitments and contingencies (Note 14) | ||
Stockholders' equity | ||
Preferred stock, $0.01 par value, 50,000,000 shares authorized; no shares issued and outstanding | 0 | 0 |
Common stock, $0.01 par value, 300,000,000 shares authorized; 134,651,380 and 134,651,380 shares issued at June 30, 2023 and December 31, 2022, respectively | 1 | 1 |
Common stock, held in treasury, at cost; 6,965,071 and 7,278,651 shares at June 30, 2023 and December 31, 2022, respectively | (463) | (467) |
Additional paid-in capital | 601 | 601 |
Retained earnings | 10,484 | 9,885 |
Accumulated other comprehensive loss | (79) | (89) |
Total Westlake Corporation stockholders' equity | 10,544 | 9,931 |
Noncontrolling interests | 533 | 534 |
Total equity | 11,077 | 10,465 |
Total liabilities and equity | $ 20,981 | $ 20,550 |