Westlake Corporation (WLK) Financial Ratios
27 years of historical data (1999–2025) · Basic Materials · Chemicals - Specialty
EV/EBITDA
↑
N/A
—
5yr avg: 7.04
30Y Low4.0·High17.4
P/FCF
↑
N/A
—
5yr avg: 18.80
30Y Low5.8·High111.3
P/B Ratio
↓
1.45
+7% vs avg
5yr avg: 1.35
30Y Low0.8·High3.4
ROE
↓
-14.8%
↑-263% vs avg
5yr avg: 9.1%
30Y Low-15%·High28%
Debt/EBITDA
↑
N/A
—
5yr avg: 2.13
30Y Low0.6·High6.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
WLK Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Westlake Corporation currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $13.4B | $9.5B | $14.8B | $18.0B | $13.2B | $12.5B | $10.5B | $9.0B | $8.6B | $13.8B | $7.3B |
| Enterprise Value | $17.1B | $13.2B | $17.2B | $20.2B | $16.4B | $16.2B | $13.1B | $12.1B | $10.5B | $16.1B | $10.6B |
| P/E Ratio → | -8.93 | — | 24.71 | 37.83 | 5.91 | 6.23 | 31.75 | 21.58 | 8.64 | 10.65 | 18.30 |
| P/S Ratio | 1.20 | 0.85 | 1.22 | 1.43 | 0.84 | 1.06 | 1.39 | 1.11 | 1.00 | 1.72 | 1.43 |
| P/B Ratio | 1.45 | 1.03 | 1.34 | 1.67 | 1.26 | 1.47 | 1.59 | 1.41 | 1.42 | 2.57 | 1.87 |
| P/FCF | — | — | 48.41 | 13.82 | 5.78 | 7.20 | 13.54 | 17.57 | 12.17 | 14.36 | 35.44 |
| P/OCF | 28.86 | 20.50 | 11.27 | 7.70 | 3.89 | 5.22 | 8.06 | 6.94 | 6.10 | 8.97 | 8.73 |
P/E links to full P/E history page with 30-year chart
WLK EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.19 | 1.41 | 1.61 | 1.04 | 1.38 | 1.74 | 1.49 | 1.22 | 2.00 | 2.10 |
| EV / EBITDA | — | — | 8.63 | 11.07 | 3.99 | 4.46 | 10.89 | 8.86 | 5.13 | 8.82 | 11.08 |
| EV / EBIT | — | — | 15.65 | 23.37 | 5.24 | 5.69 | 27.67 | 17.48 | 7.20 | 12.99 | 16.69 |
| EV / FCF | — | — | 56.11 | 15.52 | 7.16 | 9.35 | 16.95 | 23.60 | 14.87 | 16.76 | 51.84 |
WLK Profitability
Margins and return-on-capital ratios measuring operating efficiency
Westlake Corporation earns an operating margin of -14.1%, below the Basic Materials sector average of 9.2%. Operating margins have compressed from 5.8% to -14.1% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -14.8% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 2.6% | 2.6% | 16.1% | 17.7% | 25.8% | 29.7% | 13.6% | 15.5% | 23.0% | 21.9% | 19.4% |
| Operating Margin | -14.1% | -14.1% | 7.2% | 5.8% | 19.3% | 23.8% | 5.7% | 8.1% | 16.3% | 15.2% | 11.5% |
| Net Profit Margin | -13.5% | -13.5% | 5.0% | 3.8% | 14.2% | 17.1% | 4.4% | 5.2% | 11.5% | 16.2% | 7.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -14.8% | -14.8% | 5.5% | 4.5% | 23.7% | 26.7% | 5.1% | 6.7% | 17.4% | 28.2% | 10.7% |
| ROA | -7.4% | -7.4% | 2.9% | 2.3% | 11.5% | 12.5% | 2.4% | 3.4% | 8.4% | 11.4% | 4.8% |
| ROIC | -9.0% | -9.0% | 5.0% | 4.1% | 17.7% | 19.6% | 3.4% | 5.6% | 13.5% | 12.3% | 8.0% |
| ROCE | -8.8% | -8.8% | 4.8% | 4.0% | 17.7% | 19.6% | 3.5% | 5.8% | 13.7% | 12.4% | 7.9% |
WLK Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $3.7B ($6.4B total debt minus $2.7B cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.69 | 0.69 | 0.48 | 0.51 | 0.51 | 0.66 | 0.60 | 0.60 | 0.44 | 0.71 | 0.98 |
| Debt / EBITDA | — | — | 2.65 | 3.02 | 1.31 | 1.55 | 3.29 | 2.79 | 1.30 | 2.10 | 3.98 |
| Net Debt / Equity | — | 0.40 | 0.21 | 0.21 | 0.30 | 0.44 | 0.40 | 0.48 | 0.32 | 0.43 | 0.87 |
| Net Debt / EBITDA | — | — | 1.18 | 1.21 | 0.77 | 1.03 | 2.19 | 2.26 | 0.93 | 1.26 | 3.51 |
| Debt / FCF | — | — | 7.70 | 1.70 | 1.38 | 2.15 | 3.41 | 6.03 | 2.71 | 2.40 | 16.40 |
| Interest Coverage | -8.92 | -8.92 | 6.90 | 5.24 | 17.64 | 16.21 | 3.33 | 5.60 | 11.59 | 7.80 | 8.03 |
WLK Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Westlake Corporation's current ratio of 2.24x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.65x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 2.37x to 2.24x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.24 | 2.24 | 2.80 | 2.37 | 2.60 | 2.25 | 2.56 | 2.21 | 2.40 | 1.76 | 2.04 |
| Quick Ratio | 1.65 | 1.65 | 2.04 | 1.79 | 1.79 | 1.65 | 1.89 | 1.46 | 1.55 | 1.30 | 1.36 |
| Cash Ratio | 1.06 | 1.06 | 1.32 | 1.18 | 0.97 | 0.81 | 0.97 | 0.59 | 0.64 | 0.78 | 0.39 |
| Asset Turnover | — | 0.56 | 0.59 | 0.60 | 0.77 | 0.64 | 0.54 | 0.61 | 0.74 | 0.67 | 0.47 |
| Inventory Turnover | 6.58 | 6.58 | 6.00 | 6.37 | 6.28 | 5.89 | 7.06 | 7.33 | 6.56 | 6.98 | 5.11 |
| Days Sales Outstanding | — | 49.15 | 44.58 | 46.57 | 41.62 | 57.89 | 59.05 | 46.58 | 43.83 | 45.44 | 67.50 |
WLK Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Westlake Corporation returns 2.5% to shareholders annually — split between a 2.0% dividend yield and 0.5% buyback yield.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.0% | 2.9% | 1.8% | 1.2% | 1.3% | 1.2% | 1.3% | 1.5% | 1.4% | 0.7% | 1.3% |
| Payout Ratio | — | — | 43.9% | 46.1% | 7.5% | 7.2% | 41.5% | 31.4% | 12.0% | 7.9% | 24.2% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 4.0% | 2.6% | 16.9% | 16.0% | 3.1% | 4.6% | 11.6% | 9.4% | 5.5% |
| FCF Yield | — | — | 2.1% | 7.2% | 17.3% | 13.9% | 7.4% | 5.7% | 8.2% | 7.0% | 2.8% |
| Buyback Yield | 0.5% | 0.7% | 0.4% | 0.1% | 0.8% | 0.2% | 0.5% | 0.3% | 1.2% | 0.0% | 0.9% |
| Total Shareholder Yield | 2.5% | 3.5% | 2.2% | 1.4% | 2.0% | 1.4% | 1.8% | 1.8% | 2.6% | 0.7% | 2.3% |
| Shares Outstanding | — | $129M | $129M | $129M | $129M | $129M | $128M | $129M | $130M | $130M | $130M |
Peer Comparison
Compare WLK with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 WLKYou | $13B | -8.9 | — | — | 2.6% | -14.1% | -14.8% | -9.0% | — |
 OLN | $3B | -77.6 | 10.2 | 13.2 | 7.4% | 1.7% | -2.1% | 1.7% | 5.3 |
 LYB | $25B | -33.1 | 35.3 | 65.2 | 9.0% | -1.1% | -6.5% | -1.1% | 15.0 |
 HUN | $3B | -9.4 | 19.8 | 22.5 | 13.2% | -0.7% | -9.0% | -0.6% | 11.0 |
 EMN | $9B | 18.9 | 9.2 | 20.8 | 21.1% | 10.6% | 8.0% | 6.7% | 3.5 |
 CE | $8B | -6.5 | 12.8 | 9.6 | 18.8% | 8.0% | -23.1% | 3.4% | 8.6 |
 AXTA | $6B | 15.6 | 8.1 | 12.8 | 32.6% | 14.9% | 17.4% | 11.4% | 3.2 |
 RPM | $13B | 18.6 | 14.0 | 23.7 | 41.4% | 12.3% | 25.5% | 13.3% | 2.7 |
 TREX | $4B | 21.1 | 13.2 | 29.8 | 39.2% | 22.0% | 20.2% | 16.4% | 0.7 |
 ETH | $573M | 11.2 | 10.0 | 9999.0 | 60.5% | 10.1% | 10.7% | 7.6% | 2.0 |
 OXY | $59B | 36.9 | 7.1 | 14.3 | 33.8% | 17.2% | 6.7% | 4.7% | 2.1 |
| Basic Materials Median | — | 22.3 | 11.0 | 25.6 | 31.3% | 9.2% | 0.0% | 4.5% | 2.5 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 26 years · Updated daily
Full WLK Stock Analysis
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Start ComparisonWLK — Frequently Asked Questions
Quick answers to the most common questions about buying WLK stock.
What is Westlake Corporation's P/E ratio?
Westlake Corporation's current P/E ratio is -8.9x. The historical average is 15.5x.
What is Westlake Corporation's ROE?
Westlake Corporation's return on equity (ROE) is -14.8%. The historical average is 12.9%.
Is WLK stock overvalued?
Based on historical data, Westlake Corporation is trading at a P/E of -8.9x. Compare with industry peers and growth rates for a complete picture.
What is Westlake Corporation's dividend yield?
Westlake Corporation's current dividend yield is 2.01%.
What are Westlake Corporation's profit margins?
Westlake Corporation has 2.6% gross margin and -14.1% operating margin.