Touchstone
Last syncOct 31, 2026, 6:54 PM ET

WLK

Westlake Corp Materials Industrial Organic Chemicals Russell 3000
$68.28Close $9.2BMarket cap $54.89 – $121.8052-week range Nov 4, 2026Next report · before the open

Highlights

Cautions

  • Not in an uptrend 1 of 8 trend conditions
  • Lagging the market RS 24 · weaker than 76% of stocks over 12 months
  • Far from its high 44% below its 52-week high
  • Results soon Nov 4, 2026, in 3 days
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 5, 2026
Off 12-month high 44%
1wk up 5.8% price change
1mo up 9.6% price change
12-month return up 3% market up 11% · its own down 15%
F-score 3 / 9 Weak
Altman Z 1.63 Elevated risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 1.0× price / book
Earnings yield down 13.7% EBIT / enterprise value
Cheaper than 37% of the market · expensive
Revenue growth down 8% year on year
EPS growth — latest quarter
Sales growth up 11% latest quarter · +18 pts
ROE down 16% return on equity
Free cash margin down 5% -$530.0M FCF
D/E 0.58 long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest
Piotroski tests
  • not yet profitable on its assets
  • profitability slipped from last year
  • took on more long-term debt
  • short-term liquidity weakened
  • gross margin narrowed
  • assets working less efficiently
  • generating cash from operations
  • profits backed by cash
  • no new shares issued

Trade setup

ATR% 3.2% $2.18 a day · 2×ATR $63.91
RS 24 / 99 vs the universe
Trend 1 / 8 trend template
Relative volume 1.4× vs 50-day average
Up/down volume 0.98 50 sessions
Implied move — no option chain · report Nov 4, 2026
Trend template · 1 of 8
  • Price above the 50-day average: passes

Screen verdict

Did not qualify for any screen.

Warning signs

3 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Gross margin narrowing Gross margin fell from 16.1% to 7.3%. The company is keeping less of each dollar of sales than it did a year ago.
  • Revenue shrinking Revenue fell 8.0% over the year, from $12.1B to $11.2B.
Last reported Aug 4, 2026
Results reaction Aug 4, 2026+11% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $11.2B -8% on FY2024
$0 $20B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $7.5B FY2021 · $11.8B FY2022 · $15.8B FY2023 · $12.5B FY2024 · $12.1B FY2025 · $11.2B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$1.5B down to a loss
-$2B $0 $2.5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $330.0M FY2021 · $2.0B FY2022 · $2.2B FY2023 · $479.0M FY2024 · $602.0M FY2025 · -$1.5B
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$530.0M down to a loss
-$1B $0 $2.5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $772.0M FY2021 · $1.7B FY2022 · $2.3B FY2023 · $1.3B FY2024 · $306.0M FY2025 · -$530.0M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 7%
  • Net -14%
  • Free cash -5%
-20% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 14% · Net 4% · Free cash 10% FY2021 · Gross 30% · Net 17% · Free cash 15% FY2022 · Gross 26% · Net 14% · Free cash 14% FY2023 · Gross 18% · Net 4% · Free cash 10% FY2024 · Gross 16% · Net 5% · Free cash 3% FY2025 · Gross 7% · Net -14% · Free cash -5%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $2.4B net debt
  • Cash
  • Long-term debt
$0 $10B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $1.3B · Long-term debt $3.6B FY2021 · Cash $1.9B · Long-term debt $4.9B FY2022 · Cash $2.2B · Long-term debt $4.9B FY2023 · Cash $3.3B · Long-term debt $4.6B FY2024 · Cash $2.9B · Long-term debt $4.6B FY2025 · Cash $2.7B · Long-term debt $5.1B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 134.65m +0.0% since FY2020
134.65m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 134.65m FY2021 · 134.65m FY2022 · 134.65m FY2023 · 134.65m FY2024 · 134.65m FY2025 · 134.65m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $7.5B $11.8B $15.8B $12.5B $12.1B $11.2B
Gross margin 14% 30% 26% 18% 16% 7%
Operating income $429.0M $2.8B $3.0B $729.0M $875.0M -$1.6B
Net income $330.0M $2.0B $2.2B $479.0M $602.0M -$1.5B
Net margin 4% 17% 14% 4% 5% -14%
Earnings per share $2.58 $15.66 $17.44 $3.72 $4.66 -$11.76
Free cash flow $772.0M $1.7B $2.3B $1.3B $306.0M -$530.0M
Free cash margin 10% 15% 14% 10% 3% -5%
Cash $1.3B $1.9B $2.2B $3.3B $2.9B $2.7B
Long-term debt $3.6B $4.9B $4.9B $4.6B $4.6B $5.1B
Shareholders' equity $6.0B $8.0B $9.9B $10.2B $10.5B $8.8B
Shares outstanding 134.65m 134.65m 134.65m 134.65m 134.65m 134.65m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 5, 2026 Quarterly ↗ Jun 30, 2026 36d
May 6, 2026 Quarterly ↗ Mar 31, 2026 36d
Feb 26, 2026 Annual ↗ Dec 31, 2025 57d
Oct 31, 2025 Quarterly ↗ Sep 30, 2025 31d
Aug 6, 2025 Quarterly ↗ Jun 30, 2025 37d
May 2, 2025 Quarterly ↗ Mar 31, 2025 32d
Feb 25, 2025 Annual ↗ Dec 31, 2024 56d
Nov 6, 2024 Quarterly ↗ Sep 30, 2024 37d
Aug 9, 2024 Quarterly ↗ Jun 30, 2024 40d
May 2, 2024 Quarterly ↗ Mar 31, 2024 32d
Feb 22, 2024 Annual ↗ Dec 31, 2023 53d
Nov 2, 2023 Quarterly ↗ Sep 30, 2023 33d

Current reports

FiledDisclosed
Sep 29, 2026 Restructuring · Regulation FD ↗
Aug 31, 2026 Director or officer change ↗
Aug 4, 2026 Results · Regulation FD ↗
Jul 29, 2026 Other events ↗
Jun 15, 2026 Regulation FD ↗
May 18, 2026 Shareholder vote ↗
May 5, 2026 Results · Regulation FD ↗
May 1, 2026 Regulation FD ↗
Apr 20, 2026 Director or officer change · Regulation FD ↗
Apr 14, 2026 Other events ↗
Apr 6, 2026 Material agreement · Agreement ended · New obligation ↗
Apr 2, 2026 Director or officer change ↗