Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
WLK

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

154.88USD-1.57 (-1.00%)Market Closed

Market Summary

WLK
USD154.88-1.57
Market Closed
-1.00%

WLK Alerts

  • 1 major insider sales recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

WLK Stock Price

View Fullscreen

WLK RSI Chart

WLK Valuation

Market Cap

19.9B

Price/Earnings (Trailing)

77.33

Price/Sales (Trailing)

1.64

EV/EBITDA

12.7

Price/Free Cashflow

20.87

WLK Price/Sales (Trailing)

WLK Profitability

EBT Margin

3.43%

Return on Equity

2.37%

Return on Assets

1.23%

Free Cashflow Yield

4.79%

WLK Fundamentals

WLK Revenue

Revenue (TTM)

12.2B

Rev. Growth (Yr)

-11.35%

Rev. Growth (Qtr)

5.27%

WLK Earnings

Earnings (TTM)

257.5M

Earnings Growth (Yr)

-57.25%

Earnings Growth (Qtr)

134.22%

Breaking Down WLK Revenue

Last 7 days

3.8%

Last 30 days

-2.1%

Last 90 days

8.5%

Trailing 12 Months

31.1%

How does WLK drawdown profile look like?

WLK Financial Health

Current Ratio

2.46

Debt/Equity

0.42

Debt/Cashflow

0.43

WLK Investor Care

Dividend Yield

0.66%

Dividend/Share (TTM)

0.99

Shares Dilution (1Y)

0.73%

Diluted EPS (TTM)

1.99

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202412.2B000
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
May 03, 2024
bender mark steven
sold
-753,340
152
-4,950
evp & cfo
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

1–10 of 50

Which funds bought or sold WLK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 07, 2024
PANAGORA ASSET MANAGEMENT INC
unchanged
-
168,808
2,008,860
0.01%
May 07, 2024
Inspire Advisors, LLC
sold off
-100
-1,234,160
-
-%
May 07, 2024
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC
new
-
3,253,720
3,253,720
0.15%
May 07, 2024
Legacy Capital Group California, Inc.
reduced
-2.68
37,228
632,898
0.23%
May 07, 2024
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-10.03
-50,000
2,747,000
-%
May 07, 2024
Susquehanna Portfolio Strategies, LLC
unchanged
-
424,182
5,047,900
0.12%
May 07, 2024
QRG CAPITAL MANAGEMENT, INC.
added
5.46
541,930
4,123,100
0.05%
May 07, 2024
Inspire Investing, LLC
reduced
-23.71
-317,384
1,581,790
0.16%
May 07, 2024
Empowered Funds, LLC
sold off
-100
-2,375,540
-
-%
May 07, 2024
Illinois Municipal Retirement Fund
unchanged
-
179,000
2,135,000
0.03%

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
May 08, 2024
4
Insider Trading
May 06, 2024
144
Notice of Insider Sale Intent
May 06, 2024
4
Insider Trading
May 03, 2024
144
Notice of Insider Sale Intent
May 02, 2024
10-Q
Quarterly Report
May 02, 2024
3
Insider Trading
May 01, 2024
8-K
Current Report
Apr 25, 2024
8-K
Current Report
Apr 11, 2024
PX14A6G
PX14A6G
Apr 03, 2024
8-K
Current Report

Peers (Alternatives to Westlake Chemical Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.8B
12.2B
3.67% -12.00%
22.19
4.51
-7.47% 13.44%
41.3B
43.5B
-1.50% 9.24%
32.55
0.95
-18.61% -57.39%
17.8B
10.9B
-0.86% 56.21%
9.07
1.63
13.10% 3.48%
16.5B
6.9B
-5.45% 19.15%
63.41
2.4
-6.48% -57.90%
15.3B
8.4B
-0.90% -33.13%
45.47
1.83
-4.27% -90.82%
11.9B
9.1B
0.21% 25.72%
12.81
1.3
-11.38% 33.67%
MID-CAP
5.6B
3.9B
7.28% 48.47%
12.61
1.43
-9.12% 26.64%
5.0B
929.6M
0.20% 21.97%
43.23
5.34
-1.74% 15.81%
4.1B
3.1B
5.69% 18.08%
39.2
1.32
-6.69% -83.56%
2.9B
3.0B
4.03% 24.60%
9.03
0.98
-20.68% -74.38%
SMALL-CAP
1.2B
404.0M
0.11% 32.60%
36.59
3
24.06% -25.72%
646.9M
1.5B
-13.83% -28.91%
284.59
0.44
-21.27% -97.94%
179.5M
336.4M
10.78% -1.75%
9.85
0.53
-12.92% 28.47%
99.8M
16.7M
-8.03% -13.70%
-8.43
5.96
-57.58% -718.66%
3.7M
-
-80.00% -99.58%
-0.01
0.01
- -

Westlake Chemical Corp News

Latest updates
Yahoo Movies Canada34 hours ago
Yahoo Canada Shine On38 hours ago
Yahoo Singapore News06 May 202401:34 pm
Yahoo New Zealand News06 May 202405:53 am
Quartz2 months ago

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue5.3%2,9752,8263,1153,2513,3563,2993,9564,4834,0563,5073,0552,8592,3571,9651,8981,7091,9321,8832,0662,1442,025
Gross Profit134.2%4661995866427925677761,4451,2851,0961,018872509323248169283250371340299
  S&GA Expenses-6.7%209224206213222200215220200168122125136117108104120115110117116
EBITDA Margin-11.5%0.14*0.16*0.22*0.21*0.25*0.26*0.29*0.33*0.33*0.31*0.29*0.24*---------
Interest Expenses-2.4%40.0041.0040.0042.0042.0043.0044.0044.0046.0046.0061.0036.0033.0034.0037.0040.0031.0035.0031.0028.0030.00
Income Taxes167.6%48.00-71.0070.0070.0010957.0084.0027523318419315872.0033.00-15.00-19.00-41.00-12.0050.0039.0031.00
Earnings Before Taxes141.8%233-5583653775163054961,14899784581369432515654.005.0011673.00216168113
EBT Margin-38.6%0.03*0.06*0.12*0.12*0.16*0.19*0.22*0.25*0.25*0.23*0.19*0.14*---------
Net Income134.2%174-50828530740722140187376463260753625311357.0024.0015772.0015811972.00
Net Income Margin-45.9%0.02*0.04*0.09*0.10*0.13*0.14*0.17*0.19*0.19*0.17*0.15*0.11*---------
Free Cashflow-135.4%-103291451315245538629683437513611488---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.4%20,96021,03521,39620,98120,80620,55020,42520,37219,74118,45917,10814,71914,05013,83513,69413,55514,16313,26113,10712,21612,104
  Current Assets-1.3%6,5266,6096,7576,2966,1465,9736,1016,0135,4055,2636,4354,4453,7343,4773,3813,1653,7682,7423,4822,5952,627
    Cash Equivalents-5.4%3,1243,3043,0572,6772,4142,2281,8061,3441,0841,9413,6101,8791,4301,3371,2401,1301,5597501,459431467
  Inventory2.4%1,6611,6221,6721,6711,8421,8662,0242,0211,8841,4071,1249659559188298459349369069251,021
  Net PPE0.0%8,5238,5198,5708,5508,5188,4778,3018,3038,2767,6066,9926,9196,9216,9206,8536,8876,8836,9126,8426,8326,720
  Goodwill-0.2%2,0372,0412,1612,1672,1672,1612,1432,1392,1402,0241,2531,0851,0821,0831,0751,0701,0651,0741,0691,0791,047
Liabilities-1.6%10,10710,27110,1119,9049,97810,08510,23710,39810,4899,9319,2397,3807,2257,2577,2067,1187,7256,8586,7455,9575,919
  Current Liabilities-4.8%2,6552,7902,6592,1312,1592,2982,4612,5132,5502,3441,8981,4851,3261,3571,2181,1091,0241,2411,2381,2541,226
  Long Term Debt-0.4%4,5904,6074,5744,8944,8924,8794,8134,8584,9024,9114,9293,5553,5473,5663,6813,7454,4323,4453,4242,6692,669
    LT Debt, Current0.3%300299299---6.0010.00264269268----------
    LT Debt, Non Current-100.0%-4,6074,5744,8944,8924,8794,8134,8584,9024,9114,9293,5553,5473,5663,6813,7454,4323,4453,4242,6692,669
Shareholder's Equity6.0%10,85310,24110,75411,07710,8289,93110,1889,9749,2528,5287,8697,3396,8256,5786,4886,4376,4386,4036,3626,2596,185
  Retained Earnings1.1%10,25210,14310,70510,48410,2329,8859,7009,3458,5257,8087,2026,6336,1455,9385,8635,8405,8605,7575,7245,6005,513
  Additional Paid-In Capital-1.0%624630619601590601590582572581576571564569563558551553561558553
Shares Outstanding0.4%128128128128128128128128128128128128---------
Minority Interest-0.2%522523531533537534567570571573571568564535539536545543538540553
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-70.5%169,000573,000696,000555,000512,000835,000947,000913,000700,000757,000755,000617,000265,000431,000357,000448,00061,000333,000501,000320,000147,000
  Share Based Compensation-25.0%9,00012,00010,00012,0009,00010,0009,0009,0008,0008,0007,0008,0008,0008,0007,0008,0006,0006,0006,0006,0007,000
Cashflow From Investing5.2%-272,000-287,000-251,000-236,000-263,000-331,000-345,000-296,000-1,507,000-2,371,000-578,000-129,000-135,000-143,000-106,000-128,000-132,000-1,006,000-185,000-288,000-475,000
Cashflow From Financing-5.7%-74,000-70,000-44,000-56,000-75,000-107,000-103,000-330,000-47,000-50,0001,559,000-38,000-34,000-202,000-145,000-752,000883,000-39,000717,000-69,00021,000
  Dividend Payments0%65,00065,00064,00045,00047,00046,00046,00038,00039,00038,00038,00034,00035,00035,00034,00034,00034,00034,00033,00032,00033,000
  Buy Backs----1,00022,00033,00037,00031,000--30,000-----54,000-10,00020,000-
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

WLK Income Statement

2024-03-31
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Net sales$ 2,975$ 3,356
Cost of sales2,5092,564
Gross profit466792
Selling, general and administrative expenses209222
Amortization of intangibles3031
Restructuring, transaction and integration-related costs43
Income from operations223536
Other income (expense)  
Interest expense(40)(42)
Other income, net5022
Income before income taxes233516
Provision for income taxes48109
Net income185407
Net income attributable to noncontrolling interests1113
Net income attributable to Westlake Corporation$ 174$ 394
Earnings per common share attributable to Westlake Corporation:  
Basic (in dollars per share)$ 1.35$ 3.07
Diluted (in dollars per share)$ 1.34$ 3.05
Weighted average common shares outstanding:  
Basic (in shares)128,359,983127,548,287
Diluted (in shares)129,020,370128,459,368

WLK Balance Sheet

2024-03-31
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents$ 3,108$ 3,304
Accounts receivable, net1,6911,601
Inventories1,6611,622
Prepaid expenses and other current assets6682
Total current assets6,5266,609
Property, plant and equipment, net8,5238,519
Operating lease right-of-use assets706697
Goodwill2,0372,041
Customer relationships, net889910
Other intangible assets, net481493
Equity method investments1,1041,115
Other assets, net694651
Total assets20,96021,035
Current liabilities  
Accounts payable891877
Accrued and other liabilities1,4641,614
Current portion of long-term debt, net300299
Total current liabilities2,6552,790
Long-term debt, net4,5904,607
Deferred income taxes1,5441,560
Pension and other post-retirement benefits353363
Operating lease liabilities622611
Other liabilities343340
Total liabilities10,10710,271
Commitments and contingencies (Note 13)
Stockholders' equity  
Preferred stock, $0.01 par value, 50,000,000 shares authorized; no shares issued and outstanding00
Common stock, $0.01 par value, 300,000,000 shares authorized; 134,651,380 and 134,651,380 shares issued at March 31, 2024 and December 31, 2023, respectively11
Common stock, held in treasury, at cost; 6,082,171 and 6,439,289 shares at March 31, 2024 and December 31, 2023, respectively(414)(435)
Additional paid-in capital624630
Retained earnings10,25210,143
Accumulated other comprehensive loss(132)(98)
Total Westlake Corporation stockholders' equity10,33110,241
Noncontrolling interests522523
Total equity10,85310,764
Total liabilities and equity$ 20,960$ 21,035
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 Wed May 08 2024, market cap of Westlake Chemical Corp is 19.91 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 Wed May 08 2024, WLK's PE ratio (Price to Earnings) is 77.33 and Price to Sales (PS) ratio is 1.64. 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 0.088 (multiply by 100 for percentage) rate of return.