WLK's HIP growth and acquisitions support its portfolio, but housing weakness, operational risks and global pressures cloud the outlook.
Westlake's Q2 earnings beat estimates as higher prices, stronger demand and improved operations drove a sharp profit recovery.
Westlake NYSE: WLK reported second-quarter 2026 net sales of $3.3 billion and net income of $260 million, or $2.01 per share, compared with a net loss of $12 million in the prior-year quarter. The company said EBITDA reached $679 million, reflecting improvement in both its Performance and Essential Materials, or PEM, segment and its Housing and Infrastructure Products, or HIP, segment.
| Specialty Retail Industry | Consumer Discretionary Sector | Jean-Marc Gilson CEO | XDUS Exchange | US9604131022 ISIN |
| US Country | 14,600 Employees | 27 May 2026 Last Dividend | 19 Mar 2014 Last Split | 11 Aug 2004 IPO Date |
Westlake Corporation, originally known as Westlake Chemical Corporation until February 2022, is a multinational enterprise that focuses on the production and marketing of performance materials, essential materials, and products for housing and infrastructure. With its headquarters in Houston, Texas, and founded in 1986, Westlake stands as a prominent player in the industry. The company's operational reach spans across the United States, Canada, Germany, China, Mexico, Brazil, France, Italy, Taiwan, and other global markets. It primarily operates through two segments: Performance and Essential Materials, and Housing and Infrastructure Products. Westlake Corporation functions under the umbrella of TTWF LP as a subsidiary.
Westlake Corporation offers a broad range of products and services across its two main segments: