Westlake Chemical

Westlake Chemical Corporation (NYSE: WLK) is an international manufacturer and supplier of petrochemicals, plastics and fabricated products. These chemical and plastic products enhance the daily lives of people around the world. From the tires we ride on, the plastic wrap that keeps our meats and produce fresh, the pipes that are essential to ensuring clean water, to the frames that secure our windows and doors, we play a vital role in supplying the building blocks for these products and many more. Westlake Chemical employs approximately 4,100 people and operates from 14 locations in North America, 6 in Europe as well as 1 location in China. To learn more about Westlake Chemical, visit www.westlake.com.
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.
Numbers are in $, USD

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 (24-May-2017)

8.1 b

Closing share price (24-May-2017)


Cash (31-Dec-2016)

459.5 m
Westlake Chemical's current market capitalization is $8.1 b.
Numbers are in $, 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, %



948.6 m1.1 b953.6 m581.5 m

EBIT margin, %


Pre tax profit

1.1 b963.4 m558.4 m

Net Income

610.4 m685 m665 m419.9 m
Numbers are in $, 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 m

Current Liabilities

404.9 m537.2 m522.6 m1.2 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
Numbers are in $, 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)

Long-term Borrowings

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
Numbers are in $, 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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