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Westlake (WLK)

(Real Time Quote from BATS)

$148.13 USD

148.13
179,466

-1.77 (-1.18%)

Updated Apr 25, 2024 02:02 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value D Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 37% (93 out of 251)

Industry: Chemical - Plastic

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Better trading starts here.

Balance Sheet

Research for WLK

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Westlake Corp falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 3,304 2,228 1,908 1,313 728
Receivables 1,601 1,801 1,868 1,214 1,036
Notes Receivable 0 0 0 0 0
Inventories 1,622 1,866 1,407 918 936
Other Current Assets 82 78 80 32 42
Total Current Assets 6,609 5,973 5,263 3,477 2,742
Net Property & Equipment 8,519 8,525 7,606 6,920 6,912
Investments & Advances 1,115 1,142 1,007 1,059 1,112
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 3,444 3,726 3,604 1,695 1,784
Deposits & Other Assets 651 569 417 223 268
Total Assets 21,035 20,550 18,459 13,835 13,261
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 877 889 879 536 473
Current Portion Long-Term Debt 299 0 269 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 1,614 1,409 1,196 821 768
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 2,790 2,298 2,344 1,357 1,241
Mortgages 0 0 0 0 0
Deferred Taxes/Income 1,560 1,735 1,681 1,368 1,255
Convertible Debt 0 0 0 0 0
Long-Term Debt 4,607 4,879 4,911 3,566 3,445
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 703 669 534 590 562
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 10,271 10,085 9,931 7,257 6,858
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 630 601 581 569 553
Retained Earnings 10,143 9,885 7,808 5,938 5,757
Other Equity 425 445 537 471 469
Treasury Stock 435 467 399 401 377
Total Shareholder's Equity 10,764 10,465 8,528 6,578 6,403
Total Liabilities & Shareholder's Equity 21,035 20,550 18,459 13,835 13,261
Total Common Equity 10,764 10,465 8,528 6,578 6,403
Shares Outstanding 128.10 127.50 127.80 127.70 128.30
Book Value Per Share 84.03 82.08 66.73 51.51 49.91

Fiscal Year End for Westlake Corp falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 3,304 3,057 2,677 2,414
Receivables NA 1,601 1,939 1,855 1,835
Notes Receivable NA 0 0 0 0
Inventories NA 1,622 1,672 1,671 1,842
Other Current Assets NA 82 89 93 55
Total Current Assets NA 6,609 6,757 6,296 6,146
Net Property & Equipment NA 8,519 8,570 8,550 8,518
Investments & Advances NA 1,115 1,117 1,120 1,131
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 3,444 3,632 3,674 3,706
Deposits & Other Assets NA 651 669 697 662
Total Assets NA 21,035 21,396 20,981 20,806
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 877 811 802 828
Current Portion Long-Term Debt NA 299 299 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 1,614 1,549 1,329 1,331
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 2,790 2,659 2,131 2,159
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 1,560 1,680 1,692 1,716
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 4,607 4,574 4,894 4,892
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 656 651 680
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 10,271 10,111 9,904 9,978
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1 1 1 1
Capital Surplus NA 630 619 601 590
Retained Earnings NA 10,143 10,705 10,484 10,232
Other Equity NA 425 400 454 470
Treasury Stock NA 435 440 463 465
Total Shareholder's Equity NA 10,764 11,285 11,077 10,828
Total Liabilities & Shareholder's Equity NA 21,035 21,396 20,981 20,806
Total Common Equity 0 10,764 11,285 11,077 10,828
Shares Outstanding 128.20 128.10 128.10 127.60 127.60
Book Value Per Share 0.00 84.03 88.10 86.81 84.86