Westlake Chemical

Westlake Chemical Corporation is an international manufacturer and supplier of petrochemicals, plastics, and fabricated products. Westlake manufactures two primary petrochemicals within its olefins business segment - ethylene and styrene monomer. Westlake vinyl resin products are the key ingredients to making some of the world's most prevalent items, including residential siding, pipe and fittings for various water, sewer and industrial applications. In addition, the Company offers a series of medium to low molecular weight polyethylene or polypropylene polymers.

Houston, US
Size (employees)
8,870 (est)
Westlake Chemical was founded in 1986 and is headquartered in Houston, US

Westlake Chemical Office Locations

Westlake Chemical has an office in Houston
Houston, US (HQ)
2801 Post Oak Blvd

Westlake Chemical Data and Metrics

Westlake Chemical Financial Metrics

Westlake Chemical's revenue was reported to be $191.1 m in FY, 2016 which is a 76% increase from the previous period.

Revenue (FY, 2016)

191.1 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

(3.9 b)

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

419.9 m

EBIT (FY, 2016)

581.5 m

Market capitalization (21-Jul-2017)

9.1 b

Cash (31-Dec-2016)

459.5 m
Westlake Chemical's current market capitalization is $9.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


322.4 m147.9 m108.4 m191.1 m

Revenue growth, %


Cost of goods sold

3.1 b3.3 b4.1 b

Gross profit

1.1 b(3 b)(3.2 b)(3.9 b)

Gross profit Margin, %


General and administrative expense

295.4 m

Operating expense total

295.4 m


948.6 m1.1 b953.6 m581.5 m

EBIT margin, %


Interest expense

37.4 m34.7 m79.5 m

Pre tax profit

1.1 b963.4 m558.4 m

Income tax expense

398.9 m298.4 m138.5 m

Net Income

610.4 m685 m665 m419.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016


461.3 m880.6 m662.5 m459.5 m

Accounts Receivable

428.5 m560.7 m508.5 m938.7 m


471.9 m525.8 m434.1 m801.1 m

Current Assets

1.6 b2 b2.2 b2.4 b


2.1 b2.8 b3 b6.4 b


946.6 m

Total Assets

4.1 b5.2 b5.6 b10.9 b

Accounts Payable

261.1 m283 k

Current Liabilities

404.9 m537.2 m522.6 m1.2 b

Total Liabilities

7 b

Additional Paid-in Capital

512.1 m530.4 m542.1 m550.6 m

Retained Earnings

2 b2.6 b3.1 b3.4 b

Total Equity

2.4 b3.2 b3.6 b3.9 b

Financial Leverage

1.7 x1.6 x1.6 x2.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

610.4 m685 m665 m419.9 m

Depreciation and Amortization

157.8 m208.5 m245.8 m377.7 m

Accounts Receivable

(15 m)33.2 m62.7 m50.3 m


(47 m)51.1 m99.4 m(62 m)

Accounts Payable

13.8 m(97.2 m)(21.6 m)12 m

Cash From Operating Activities

752.7 m1 b1.1 b833.9 m

Purchases of PP&E

(679.2 m)(431.1 m)(491.4 m)(628.5 m)

Cash From Investing Activities

(1 b)(773.2 m)(1 b)(2.6 b)

Dividends Paid

(55.2 m)(77.7 m)(91.6 m)(96.6 m)

Cash From Financing Activities

(79.3 m)164.6 m(286.8 m)1.5 b
USDY, 2016


45.2 k

Financial Leverage

2.8 x

Westlake Chemical Market Value History

Westlake Chemical Median Salaries

Source: 11 public H-1B filings from Westlake Chemical

Westlake Chemical Online and Social Media Presence

Westlake Chemical News and Updates

Westlake Chemical Company Life and Culture

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