WLK
Westlake Corporation
WLK lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover, though they disagree widely on how much.
WLK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Stable | |
| Weak |
WLK's revenue is currently healthy, and its cash flow is stable, but its profitability and balance sheet are under pressure.
WLK PE Valuation
WLK has no meaningful PE right now: it lost money over the past year.
WLK Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Stable | |
| Limited | |
| Low |
Analysts expect WLK's earnings to grow, with its revenue and profitability holding steady. However, they disagree widely on these estimates.
WLK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.41 | — |
| Q3 2026 | -$3.47 | +$3.94 |
| Q2 2026 | -$9.58 | -$9.06 |
| Q1 2026 | -$12.70 | -525% |
| Q4 2025 | -$11.70 | -352% |
| Q3 2025 | -$7.41 | -1144% |
| Q2 2025 | -$0.52 | -125% |
| Q1 2025 | $2.99 | +50% |
| Q4 2024 | $4.64 | +25% |
WLK lost $3.47 per share over the past year, a smaller loss than the year before.
WLK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3B | +5% |
| Q2 2026 | $3.3B | +11% |
| Q1 2026 | $2.7B | -6.8% |
| Q4 2025 | $2.5B | -11% |
| Q3 2025 | $2.8B | -9% |
| Q2 2025 | $3B | -7.9% |
| Q1 2025 | $2.8B | -4.3% |
| Q4 2024 | $2.8B | +0.6% |
WLK's revenue is recovering but still below its 2022 peak: $3B last quarter, up 5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.4% | +28 points |
| Q2 2026 | 11% | +15 points |
| Q1 2026 | -6.5% | -5.4 points |
| Q4 2025 | -26% | -29 points |
| Q3 2025 | -27% | -33 points |
| Q2 2025 | -3.7% | -16 points |
| Q1 2025 | -1.1% | -8.6 points |
| Q4 2024 | 2.3% | +22 points |
WLK's operating margin was 1.4% last quarter, up 28 points from the same quarter a year ago.
WLK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $220M | +$277M |
| Q2 2026 | $111M | +$243M |
| Q1 2026 | -$303M | +$22M |
| Q4 2025 | -$16M | -111% |
| Q3 2025 | -$57M | -122% |
| Q2 2025 | -$132M | -2300% |
| Q1 2025 | -$325M | -$222M |
| Q4 2024 | $149M | -49% |
WLK's free cash flow has turned positive again: $12M over the past year, against −$365M the year before.
WLK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -538K shares |
| 1 year | -0.2% | -289K shares |
| 3 years | -0.5% | -621K shares |
| 5 years | -0.6% | -803K shares |
| Available history | -0.6% | -795K shares |
WLK has 128M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $30M |
| Q1 2026 | — |
| Q4 2025 | $33M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $30M |
| Q4 2024 | $60M |
WLK spent $63M buying back its own shares over the past year, down 30% from the year before.
WLK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.6x | High |
| Q3 2025 | 8.5x | High |
| Q2 2025 | 2.1x | Moderate |
| Q1 2025 | 1.3x | Healthy |
| Q4 2024 | 0.8x | Very low |
| Q3 2024 | 1.2x | Healthy |
| Q2 2024 | 1.2x | Healthy |
| Q1 2024 | 1.2x | Healthy |
WLK's net debt is about 4.6 years of its operating earnings (EBITDA), up from less than a year a year ago.
WLK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.9 | Neutral |
| Stochastic | 26.8 | Neutral |
WLK's weekly RSI is 36 (neutral) and its Stochastic is 27 (neutral).
WLK PE vs Basic Materials Sector
| Metric | WLK | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 19x | — |
WLK has no meaningful PE right now: it lost money over the past year.
WLK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $64.5 | 2.7% below |
| 20 week MA | $70.7 | 11% below |
| 50 week MA | $84.1 | 25% below |
| 100 week MA | $86.5 | 27% below |
| 200 week MA | $109.7 | 43% below |
WLK is in a downtrend: it's below all five of its weekly moving averages, and 43% below its 200-week average.
WLK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $69.8 | $81.1 | +16% |
| 2021 | $81.1 | $94.3 | +16% |
| 2022 | $94.3 | $105.1 | +11% |
| 2023 | $105.1 | $140.0 | +33% |
| 2024 | $140.0 | $114.3 | -18% |
| 2025 | $114.3 | $73.8 | -35% |
| 2026 YTD | $73.8 | $62.8 | -15% |
WLK has finished higher in four of the last six years. It's down 15% so far in 2026.