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WESTLAKE (WLK)

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Earnings summaries and quarterly performance for WESTLAKE.

Research analysts who have asked questions during WESTLAKE earnings calls.

JE

John Ezekiel Roberts

Mizuho Securities

8 questions for WLK

Also covers: ALB, APD, ASH +22 more
Kevin McCarthy

Kevin McCarthy

Vertical Research Partners

8 questions for WLK

Also covers: ALB, ALTM, APD +18 more
Patrick Cunningham

Patrick Cunningham

Citigroup

8 questions for WLK

Also covers: ALB, APD, AXTA +17 more
AV

Arun Viswanathan

RBC Capital Markets

7 questions for WLK

Also covers: ALB, AMBP, AMCR +27 more
Frank Mitsch

Frank Mitsch

Fermium Research

7 questions for WLK

Also covers: AVNT, CE, CTVA +13 more
Hassan Ahmed

Hassan Ahmed

Alembic Global Advisors

7 questions for WLK

Also covers: CC, CE, DOW +8 more
PO

Peter Osterland

Truist Securities

7 questions for WLK

Also covers: ALB, ASIX, CC +5 more
AY

Aleksey Yefremov

KeyBanc Capital Markets

6 questions for WLK

Also covers: ALB, ALTM, AVNT +17 more
Duffy Fischer

Duffy Fischer

Goldman Sachs

6 questions for WLK

Also covers: APD, AXTA, CC +13 more
Michael Sison

Michael Sison

Wells Fargo

6 questions for WLK

Also covers: ALB, APD, ASH +16 more
JS

Josh Spector

UBS Group

5 questions for WLK

Also covers: ALB, AMBP, APD +30 more
Matthew Blair

Matthew Blair

Tudor, Pickering, Holt & Co.

5 questions for WLK

Also covers: AMTX, BG, CE +20 more
DB

David Begleiter

Deutsche Bank

4 questions for WLK

Also covers: ALB, APD, ASH +24 more
JZ

Jeffrey Zekauskas

JPMorgan Chase & Co.

4 questions for WLK

Also covers: ALB, AMCR, APD +31 more
TH

Turner Hinrichs

Morgan Stanley

4 questions for WLK

Also covers: AVNT, DD, EMN +1 more
Joshua Spector

Joshua Spector

UBS

3 questions for WLK

Also covers: ALB, AMBP, APD +37 more
Matthew Deyoe

Matthew Deyoe

Bank of America

3 questions for WLK

Also covers: APD, AXTA, CF +12 more
Michael Leithead

Michael Leithead

Barclays

3 questions for WLK

Also covers: AMBP, APD, AVY +15 more
Abigail Eberts

Abigail Eberts

Wells Fargo

2 questions for WLK

Also covers: ALB, IFF, LIN +1 more
Bhavesh Lodaya

Bhavesh Lodaya

BMO Capital Markets

2 questions for WLK

Also covers: ASH, DD, DOW +4 more
David Beaglehole

David Beaglehole

Deutsche Bank

2 questions for WLK

MB

Matthew Blair

TPH & Co.

2 questions for WLK

Also covers: ADM, MNTK
RP

Ryan Pirnat

KeyBanc Capital Markets

2 questions for WLK

Also covers: DD, HUN
Vincent Andrews

Vincent Andrews

Morgan Stanley

2 questions for WLK

Also covers: ALB, APD, AVNT +20 more
WT

William Turner

Morgan Stanley

2 questions for WLK

Adam Hamilton

Adam Hamilton

RBC Capital Markets

1 question for WLK

Aziza Gazieva

Aziza Gazieva

Fermium Research

1 question for WLK

Also covers: AVNT, CE, PPG +1 more
John McNulty

John McNulty

BMO Capital Markets

1 question for WLK

Also covers: APD, ASH, AVY +15 more
Salvator Tiano

Salvator Tiano

Bank of America

1 question for WLK

Also covers: ADM, BG, CE +7 more

Recent press releases and 8-K filings for WLK.

Westlake Corporation Reports Q4 and Full Year 2025 Results, Outlines 2026 Strategic Initiatives
WLK
Earnings
Guidance Update
New Projects/Investments
  • Westlake Corporation reported a net loss of $33 million or a loss of $0.25 per share on $2.5 billion in sales for the fourth quarter of 2025. For the full year 2025, the company reported a net loss of $116 million and $1.1 billion in EBITDA on $11.2 billion in sales.
  • The company recorded $511 million in identified items during Q4 2025, which included write-offs and accrued expenses related to the decision to shut down one styrene, three chlorovinyl facilities in North America, and an epoxy facility in Pernis, Netherlands.
  • Westlake achieved $170 million in cost reductions in 2025 and anticipates an additional $600 million improvement in earnings in 2026 through its three-pillared strategy focusing on structural cost reductions, footprint optimization, and improved reliability.
  • For 2026, the Housing and Infrastructure Products (HIP) segment is expected to generate revenue between $4.4 billion and $4.6 billion with an EBITDA margin of 19%-21%.
  • The company projects $900 million in capital expenditures for 2026 and returned $335 million to shareholders in 2025 through dividends and share repurchases.
4 days ago
Westlake Corporation Reports Q4 and Full Year 2025 Results, Announces CFO Retirement, and Outlines 2026 Earnings Improvement Plan
WLK
Earnings
CFO Change
Guidance Update
  • Westlake Corporation reported a net loss of $33 million or ($0.25) per share on $2.5 billion in sales for Q4 2025, and a net loss of $116 million with $1.1 billion EBITDA for the full year 2025, after excluding $511 million in identified items related to asset write-offs and accrued expenses.
  • The company anticipates a $600 million improvement in earnings in 2026, driven by $200 million from footprint optimization, $200 million from better plant reliability, and $200 million from additional structural cost reductions.
  • The Housing and Infrastructure Products (HIP) segment demonstrated resilience with an EBITDA margin of 16% in Q4 2025 and 20% for the full year 2025, while the Performance and Essential Materials (PEM) segment experienced margin compression due to global overcapacity and declining sales prices.
  • Executive Vice President and Chief Financial Officer, Steve Bender, plans to retire later in 2026.
  • For 2026, the company expects housing starts to be similar to 2025 (1.3 million-1.4 million) and has provided a CapEx guidance of $900 million.
4 days ago
Westlake Corporation Reports Q4 and Full Year 2025 Results, Outlines 2026 Earnings Improvement Plan
WLK
Earnings
Guidance Update
Layoffs
  • Westlake Corporation reported a net loss of $33 million and sales of $2.5 billion for the fourth quarter of 2025, with a full-year 2025 net loss of $116 million and sales of $11.2 billion.
  • In Q4 2025, the company recognized $511 million in identified items, primarily for inventory write-offs and accrued expenses related to the decision to shut down several styrene, chlorovinyl, and epoxy facilities, as well as HIP footprint optimization actions.
  • Westlake expects its three-pillar strategy to contribute $600 million of earnings improvement in 2026, consisting of $200 million from footprint optimization, $200 million from better plant reliability, and $200 million from additional structural cost reductions.
  • For 2026, the company forecasts HIP segment revenue between $4.4 billion and $4.6 billion with an EBITDA margin of 19%-21%, and anticipates capital expenditures of approximately $900 million.
  • In 2025, Westlake returned $335 million to shareholders in the form of dividends and share repurchases.
4 days ago
Westlake Reports Q4 and Full Year 2025 Results, Projects $600M EBITDA Benefit in 2026
WLK
Earnings
Guidance Update
New Projects/Investments
  • Westlake reported Q4 2025 Net Sales of $2.5 billion and EBITDA of $196 million, representing an 11% and 37% decrease quarter-over-quarter, respectively. For the full year 2025, Net Sales were $11.2 billion and EBITDA was $1.1 billion, down 8% and 50% year-over-year.
  • The company achieved $170 million in cost savings for FY 2025, including $60 million in Q4 2025, meeting its raised target.
  • A Profitability Improvement Plan is expected to deliver a $600 million EBITDA benefit in 2026, driven by Footprint Optimization, Cost Savings, and Improved Plant Reliability initiatives.
  • Diluted earnings (loss) per common share attributable to Westlake Corporation was $(4.22) for Q4 2025 and $(11.70) for the full year 2025.
  • The Housing and Infrastructure Products (HIP) segment anticipates FY 2026 sales of $4.4 billion to $4.6 billion with an expected EBITDA margin of 19% to 21%.
4 days ago
Westlake Corporation Reports Q4 and Full Year 2025 Financial Results
WLK
Earnings
Profit Warning
Guidance Update
  • Westlake Corporation reported a net loss of $544 million on net sales of $2.533 billion for the fourth quarter of 2025, and a full-year 2025 net loss of $1.508 billion on net sales of $11.170 billion.
  • Excluding $511 million in Identified Items for Q4 2025, the net loss was $33 million, and EBITDA was $196 million. For the full year 2025, excluding $1.392 billion in Identified Items, the net loss was $116 million, and EBITDA was $1.144 billion.
  • The company's 2025 results were significantly impacted by lower average sales prices, reduced sales volume, and higher feedstock and energy costs.
  • Westlake anticipates its Performance and Essential Materials (PEM) profitability improvement plan to contribute $600 million in EBITDA improvement in 2026.
  • The company achieved $170 million in cost savings for fiscal year 2025, including $60 million realized in the fourth quarter.
4 days ago
Westlake Corporation Reports Fourth Quarter and Full Year 2025 Results
WLK
Earnings
Profit Warning
New Projects/Investments
  • Westlake Corporation reported a net loss of $544 million and diluted loss per common share of $4.22 for the fourth quarter of 2025, with net sales of $2.533 billion.
  • For the full year 2025, the company recorded a net loss of $1.508 billion and diluted loss per common share of $11.70 on net sales of $11.170 billion.
  • These results include significant Identified Items of $511 million in Q4 2025 and $1.392 billion for the full year 2025, primarily from plant shutdowns and restructuring expenses.
  • Excluding these Identified Items, the company's net loss was $33 million (EPS of $0.25) for Q4 2025 and $116 million (EPS of $0.90) for FY 2025.
  • Westlake anticipates earnings improvement in 2026, driven by actions taken in 2025 to optimize its footprint and reduce costs, targeting $600 million in EBITDA improvement for the Performance and Essential Materials (PEM) segment.
4 days ago
Westlake Financial and HFC Acceptance Complete Loan Acquisition
WLK
M&A
New Projects/Investments
  • Westlake Financial successfully sold approximately $100 million of subprime auto loans to HFC Acceptance, LLC.
  • The transaction, designated WTTD-2026-1, was completed at a 112% principal premium.
  • This deal establishes a new strategic framework for both companies and is viewed as a template for future transactions.
  • The acquisition provides Westlake Financial with an innovative balance sheet and capital optimization solution, while expanding HFC Acceptance's investment footprint in consumer credit assets.
Jan 13, 2026, 8:00 PM
Westlake Corporation completes acquisition of ACI Compounding Solutions Business
WLK
M&A
New Projects/Investments
  • Westlake Corporation completed the acquisition of the global compounding solutions businesses of the ACI/Perplastic Group (ACI) on January 5, 2026.
  • ACI, headquartered in Portugal, is a global manufacturer of specialty materials primarily serving the wire and cable sectors.
  • This acquisition is expected to strengthen Westlake's Housing & Infrastructure Products (HIP) business, enhance the reach of Westlake Global Compounds, and introduce new specialty products and advanced technologies.
  • The acquisition expands Westlake Global Compounds' manufacturing footprint into Portugal, Romania, and Tunisia.
Jan 6, 2026, 9:54 PM
Westlake Completes Acquisition of ACI Compounding Activities
WLK
M&A
New Projects/Investments
  • Westlake Corporation (WLK) announced on January 5, 2026, the completion of its acquisition of the global compounding activities of the ACI/Perplastic Group (ACI).
  • ACI, headquartered in Portugal, is a global manufacturer of special materials primarily serving the wire and cable sector.
  • This acquisition is expected to strengthen Westlake's Housing & Infrastructure Products (HIP) division, expand Westlake Global Compounds' reach, and add new special products and advanced technologies to its portfolio.
Jan 5, 2026, 11:12 PM
Westlake Completes Acquisition of ACI's Compound Formulation Business
WLK
M&A
New Projects/Investments
  • Westlake Corporation has completed the acquisition of the global compound formulation solutions businesses of ACI/Perplastic Group.
  • ACI, based in Portugal, is a global manufacturer of specialty materials primarily serving the wire and cable sectors.
  • This acquisition is expected to strengthen Westlake's Housing and Infrastructure Products (HIP) business, expand Westlake Global Compounds' reach, and incorporate new specialized products and advanced technologies.
Jan 5, 2026, 11:07 PM