| Indicators | Browse All

Westlake Corporation (WLK)

Basic Materials | Specialty Chemicals | Houston, United States | NYSE
61.38 USD -0.48 (-0.776%) ⇩ (Oct. 14, 2026, 12:53 p.m. EDT)

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:★★★☆☆
Hot Take ↕ | Oct. 10, 2026, 3:46 a.m. EDT

The investment case for Westlake is currently fractured by a severe disconnect between its cyclical reality and its reported fundamentals. While the company boasts a robust balance sheet and a healthy free cash flow conversion, the bottom line is bleeding, with negative trailing earnings and a return on equity in the double negatives. This suggests the market is correctly pricing a structural downturn in the specialty chemicals sector, where the 'value' seen in the low P/E is actually a reflection of deteriorating operational efficiency and margin compression. The short-term outlook remains murky. Despite a recent earnings beat that briefly lifted the stock, the broader trend is bearish, with the price trading significantly below both its 50-day and 200-day moving averages. The statistical forecast models also lean slightly negative, reinforcing the lack of immediate catalysts. However, the options market tells a different story: while traders are buying protection via puts, there is aggressive speculation on a 'black swan' style rally to $180+, which implies a belief in a sudden resolution of the industry's overcapacity issues. Until the earnings turn consistently positive and the stock reclaims its moving averages, this remains a defensive hold rather than a buy.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.056892
AutoETS0.058005
AutoARIMA0.058005
MSTL0.058468

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 46%
H-stat 0.45
Ljung-Box p 0.000
Jarque-Bera p 0.350
Excess Kurtosis -0.57
Attribute Value
Sector Basic Materials
Ex Dividend Date 2026-08-24
Last Dividend Date 2026-08-24
Debt to Equity Ratio 63.814
Revenue per Share 88.144
Market Cap 7,844,151,808
Forward P/E 21.89
Beta 0.69
Profit Margins -10.94%
Previous Name Westlake Chemical Corporation
Website https://www.westlake.com

As of Oct. 10, 2026, 3:46 a.m. EDT: Speculators are positioning defensively with heavy put volume at strikes below the current price ($60-$65), indicating a fear of further downside. Conversely, there is significant call open interest at distant strikes ($130-$180) and a notable volume spike in far-dated calls ($180 strike), suggesting a speculative bet on a massive, albeit unlikely, recovery to historical highs rather than a near-term bounce.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.71% 2.67% 2.11% 1.76%
Dividend History
Date Dividend Yield %
2026-08-25 0.5330 0.712567
2026-05-27 0.5300 0.603576
2026-03-03 0.5300 0.514963
2025-11-25 0.5300 0.843009
2025-08-19 0.5300 0.634275
2025-05-20 0.5250 0.688976
2025-03-04 0.5250 0.490608
2024-11-26 0.5250 0.409548
2024-08-20 0.5250 0.365421
2024-05-20 0.5000 0.312051
2024-02-27 0.5000 0.365497
2023-11-20 0.5000 0.384882
2023-08-24 0.5000 0.385475
2023-05-22 0.3570 0.307308
2023-02-28 0.3570 0.299647
2022-11-23 0.3570 0.335842
2022-08-19 0.3570 0.341137
2022-05-20 0.2980 0.236114
2022-02-28 0.2980 0.270148
2021-11-22 0.2980 0.304299
2021-08-23 0.2980 0.357143
2021-05-24 0.2700 0.267671
2021-03-01 0.2700 0.310238
2020-11-23 0.2700 0.354936
2020-08-24 0.2700 0.451656
2020-05-22 0.2630 0.597591
2020-02-24 0.2630 0.440167
2019-11-25 0.2630 0.372732
2019-08-26 0.2630 0.466147
2019-05-28 0.2500 0.415628
2019-02-26 0.2500 0.346212
2018-11-26 0.2500 0.359919
2018-08-27 0.2500 0.255154
2018-05-29 0.2100 0.178087
2018-02-26 0.2100 0.187182
2017-11-24 0.2100 0.222011
2017-08-30 0.2100 0.275013
2017-05-25 0.1910 0.306433
2017-02-24 0.1910 0.300267
2016-11-29 0.1910 0.351038
2016-08-31 0.1910 0.368584
2016-05-19 0.1820 0.419839
2016-02-25 0.1820 0.420518
2015-12-02 0.1820 0.309576
2015-09-02 0.1820 0.351080
2015-05-27 0.1650 0.235647
2015-03-03 0.1650 0.245280
2014-12-03 0.1650 0.257893
2014-09-03 0.1650 0.168712
2014-05-28 0.1260 0.159212
2014-02-26 0.1260 0.189645
2013-12-04 0.1125 0.197472
2013-09-06 0.1125 0.213858
2013-05-31 0.0940 0.201285
2013-02-27 0.0940 0.217542
2012-11-27 1.9690 5.616888
2012-08-28 0.0940 0.273216
2012-05-31 0.0370 0.135805
2012-03-05 0.0370 0.127170
2011-11-29 0.0370 0.188056
2011-08-31 0.0370 0.161045
2011-06-01 0.0320 0.116980
2011-03-09 0.0320 0.129450
2010-11-30 0.0320 0.169492
2010-08-30 0.0320 0.250882
2010-06-01 0.0290 0.289133
2010-03-15 0.0290 0.254052
2009-12-01 0.0290 0.224719
2009-08-31 0.0290 0.241265
2009-05-26 0.0265 0.258285
2009-03-05 0.0265 0.503324
2008-11-28 0.0265 0.313981
2008-08-26 0.0265 0.279536
2008-05-28 0.0250 0.295508
2008-02-27 0.0250 0.281215
2007-11-27 0.0250 0.262329
2007-08-28 0.0250 0.188822
2007-05-30 0.0200 0.142045
2007-03-01 0.0200 0.135962
2006-11-15 0.0200 0.115976
2006-08-28 0.0200 0.140252
2006-05-24 0.0140 0.091984
2006-02-24 0.0140 0.080948
2005-11-17 0.0140 0.092900
2005-08-26 0.0140 0.103973
2005-05-26 0.0105 0.085540
2005-03-01 0.0105 0.059880
2004-11-18 0.0100 0.067431
Additional Data
dividendYield 3.45
exDividendDate 2026-08-25
trailingAnnualDividendRate 2.12
trailingAnnualDividendYield 0.03427093
lastDividendValue 0.533
lastDividendDate 2026-08-25
dividendDate 2026-09-10

Info Dump

Attribute Value
52 Week Change -0.20005172
Address1 2,801 Post Oak Boulevard
Address2 Suite 600
All Time High 162.64
All Time Low 5.15
Ask 61.5
Ask Size 100
Audit Risk 7
Average Analyst Rating 2.5 - Buy
Average Daily Volume10 Day 1,175,200
Average Daily Volume3 Month 928,235
Average Volume 928,235
Average Volume10Days 1,175,200
Beta 0.687
Bid 61.39
Bid Size 200
Board Risk 9
Book Value 68.116
City Houston
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 61.38
Current Ratio 2.453
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 62.05
Day Low 61.11
Debt To Equity 63.814
Display Name Westlake
Dividend Date 1,788,998,400
Dividend Yield 3.45
Earnings Call Timestamp End 1,785,855,600
Earnings Call Timestamp Start 1,785,855,600
Earnings Timestamp 1,785,846,600
Earnings Timestamp End 1,793,277,000
Earnings Timestamp Start 1,793,277,000
Ebitda 1,124,999,936
Ebitda Margins 0.09961
Enterprise To Ebitda 11.051
Enterprise To Revenue 1.101
Enterprise Value 12,432,494,592
Eps Current Year 2.5029
Eps Forward 2.80344
Eps Trailing Twelve Months -9.58
Esg Populated 0
Ex Dividend Date 1,787,616,000
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 71.813
Fifty Day Average Change -10.433002
Fifty Day Average Change Percent -0.14528012
Fifty Two Week Change Percent -20.005173
Fifty Two Week High 124.23
Fifty Two Week High Change -62.850002
Fifty Two Week High Change Percent -0.5059165
Fifty Two Week Low 56.33
Fifty Two Week Low Change 5.049999
Fifty Two Week Low Change Percent 0.08965026
Fifty Two Week Range 56.33 - 124.23
Financial Currency USD
First Trade Date Milliseconds 1,092,317,400,000
Five Year Avg Dividend Yield 1.47
Float Shares 33,209,211
Forward Eps 2.80344
Forward P E 21.89453
Free Cashflow 23,125,000
Full Exchange Name NYSE
Full Time Employees 14,600
Fullday Change 0.010002136
Fullday Change Percent 0.016171603
Fullday Price 61.38
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.102180004
Gross Profits 1,154,000,000
Has Pre Post Market Data 1
Held Percent Insiders 0.74509
Held Percent Institutions 0.3164
Implied Shares Outstanding 127,796,548
Industry Specialty Chemicals
Industry Disp Specialty Chemicals
Industry Key specialty-chemicals
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,787,616,000
Last Dividend Value 0.533
Last Fiscal Year End 1,767,139,200
Last Split Date 1,395,187,200
Last Split Factor 2:1
Long Business Summary Westlake Corporation manufactures and markets performance and essential materials, and housing and infrastructure products in the United States, Canada, Germany, China, Mexico, Brazil, France, Italy, and internationally. It operates through two segments, Performance and Essential Materials and The Housing and Infrastructure Products. The Performance and Essential Materials segment offers ethylene, polyethylene, chlor-alkali, chlorinated derivative products, ethylene dichloride, vinyl chloride monomer, polyvinyl chloride (PVC), epoxy specialty resins, and base epoxy resins and intermediaries. The Housing and Infrastructure Products segment provides residential PVC sidings; PVC trim and mouldings; architectural stone veneers; windows; PVC decking; polymer composite and cement roof tiles; PVC pipes and fittings for various water, sewer, electrical, and industrial applications; and PVC compounds for various housing, medical, and automobile products. This segment also offers consumer and commercial products, such as landscape edging; industrial, home, and office matting; marine dock edging; and masonry joint controls. It offers its products to chemical processors; plastics fabricators; small construction contractors; municipalities; and supply warehouses for use in various consumer and industrial markets, including residential construction, flexible and rigid packaging, automotive products, healthcare products, water treatment, wind turbines, and coatings, as well as other durable and non-durable goods. The company was formerly known as Westlake Chemical Corporation and changed its name to Westlake Corporation in February 2022. Westlake Corporation was founded in 1986 and is headquartered in Houston, Texas. Westlake Corporation is a subsidiary of TTWF LP.
Long Name Westlake Corporation
Market us_market
Market Cap 7,844,151,808
Market State REGULAR
Max Age 86,400
Message Board Id finmb_701143
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-10-14
Net Income To Common -1,228,999,936
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 8,792,402,502
Number Of Analyst Opinions 17
Open 61.5
Operating Cashflow 631,000,000
Operating Margins 0.1122
Overall Risk 6
Payout Ratio 0.69629997
Peg Ratio 1.7
Phone 713 960 9111
Prev Name Westlake Chemical Corporation
Previous Close 61.86
Price Eps Current Year 24.523554
Price Hint 2
Price To Book 0.90110993
Price To Sales Trailing12 Months 0.6945415
Profit Margins -0.10935
Quick Ratio 1.645
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.47059
Region US
Regular Market Change -0.47999954
Regular Market Change Percent -0.77594495
Regular Market Day High 62.05
Regular Market Day Low 61.11
Regular Market Day Range 61.11 - 62.05
Regular Market Open 61.5
Regular Market Previous Close 61.86
Regular Market Price 61.38
Regular Market Time 1,791,996,828
Regular Market Volume 189,661
Return On Assets 0.00373
Return On Equity -0.11911
Revenue Growth 0.108
Revenue Per Share 88.144
Sand P52 Week Change 0.17004645
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Share Holder Rights Risk 7
Shares Outstanding 127,796,548
Shares Percent Shares Out 0.0381
Shares Short 4,867,702
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 5,677,941
Short Name Westlake Corporation
Short Percent Of Float 0.1495
Short Ratio 6.82
Source Interval 15
State TX
Symbol WLK
Target High Price 114.0
Target Low Price 66.0
Target Mean Price 82.52941
Target Median Price 81.0
Total Cash 1,852,000,000
Total Cash Per Share 14.492
Total Debt 5,875,999,744
Total Revenue 11,294,000,128
Tradeable 0
Trailing Annual Dividend Rate 2.12
Trailing Annual Dividend Yield 0.03427093
Trailing Eps -9.58
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 87.87155
Two Hundred Day Average Change -26.49155
Two Hundred Day Average Change Percent -0.3014804
Type Disp Equity
Volume 189,661
Website https://www.westlake.com
Zip 77,056