Craft

Westlake

Stock Price

$140.2

2024-07-09

Market Capitalization

$18 B

2024-07-09

Revenue

$12.5 B

FY, 2023

Westlake Summary

Company Summary

Overview
Westlake (formerly known as Westlake Chemical) is a manufacturer and supplier of chemicals, polymers, and building products. It operates through two segments: Performance and Essential Materials and Housing and Infrastructure Products. The Performance and Essential Materials segment produces ethylene, polyethylene, styrene, chloralkali, chlorinated derivative products, ethylene dichloride, and other materials. The Housing and Infrastructure segment provides polyvinyl chloride products and services, including siding, trim and moldings, windows, decking, films, wallcovering, polymer composite and cement roof tiles, matting, dock edging, etc. The company caters to medical, consumer, automotive, marine, and other industries.
Type
Public
Status
Active
Founded
1986
HQ
Houston, TX, US | view all locations
Website
https://westlake.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Albert Y. Chao

    Albert Y. Chao, President and Chief Executive Officer, Director

  • M. Steven Bender

    M. Steven Bender, Executive Vice President and Chief Financial Officer

    • L. Benjamin Ederington

      L. Benjamin Ederington, Executive Vice President, Performance and Essential Materials, General Counsel and Chief Administrative Officer

    • Robert F. Buesinger

      Robert F. Buesinger, Executive Vice President - Housing & Infrastructure Products, IT & Digital

      Operating MetricsView all

      Annual Production Capacity (Ethylene, Olefins), pounds

      4.8B
      58.9%

      FY, 2021

      Annual Production Capacity (LDP), pounds

      1.5B

      FY, 2021

      Annual Production Capacity (LLDPE), pounds

      1.1B

      FY, 2021

      LocationsView all

      89 locations detected

      • Houston, TX HQ

        United States

        2801 Post Oak Blvd., Suite 600

      • Aberdeen, MS

        United States

        715 Highway 25 South

      • American Canyon, CA

        United States

        350 Tower Road

      • Atlanta, GA

        United States

        1000 Abernathy Road

      • Baldwin, GA

        United States

        1000 Pryratich Drive

      • Booneville, MS

        United States

        401 Industrial Park Road

      and 83 others

      Westlake Financials

      Summary Financials

      Revenue (Q1, 2024)
      $3.0B
      Gross profit (Q1, 2024)
      $466.0M
      Net income (Q1, 2024)
      $185.0M
      Cash (Q1, 2024)
      $3.1B
      EBIT (Q1, 2024)
      $223.0M
      Enterprise value
      $20.4B

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