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Westlake Corporation

WLK

Basic Materials · 70.52 -1.7% today

Jodie read · what matters now

Revenue decreased 6.8% versus the comparable filing period.

The story is only the start. Jodie keeps watching the filing evidence, the companies connected to WLK, and whether its market group begins moving.

Latest storyNo Struct brief yetJodie is monitoring new filings.
Disclosed connections15 verified links12 additional receipts in Pro
Organic co-movement groupSpecialty Chemicals & Logistics · Early FollowerLast observed group; it is between live snapshots · See active groups →

Latest filing assessment · baseline

The latest filing shows material pressure

10-Q filed 2026-05-06 against the comparable filing from 2025-05-02.

cautious
OperationscautiousEvidence score -3
liquiditycautiousEvidence score -2
valuationdiscount

What improved

No thresholded improvement was identified.

What weakened

  • Revenue decreased 6.8% versus the comparable filing period.
  • The operating loss widened by 140.0M.
  • Operating cash flow remained negative at -94.0M.

Filing receipts

The decrease in gross profit margin in the first quarter of 2026 as compared to the first quarter of 2025 was primarily due to lower sales volumes and prices for many of our major products across both segments, higher fuel costs and the recognition of a litigation charge of $67 million related to the settlement of certain PVC pipe antitrust litigation in the first quarter of 2026, as compared to the first quarter of 2025.

The increase in net loss and loss from operations was primarily due to lower sales volumes for PVC resin, caustic soda, chlorine and building products, lower sales prices for PVC resin, polyethylene and pipe and fittings, and higher fuel costs in the quarter ended March 31, 2026 as compared to March 31, 2025.

The net loss attributable to Westlake Corporation was also affected by higher interest expense in the quarter ended March 31, 2026, which resulted from a higher average debt balance as compared to the quarter ended March 31, 2025.

Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.

Who this business touches

The relationships behind WLK

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

BCSBarclays PLCpartnerFull receipt with Pro →
CCitigroup, Inc.partnerFull receipt with Pro →

Depended on by

Filing peers

Companies whose filings use similar operating language.

You can see the shape of the network here. Pro opens 12 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →

What is moving around it

Live connections

WLK is currently a Early Follower in the organic co-movement group Specialty Chemicals & Logistics. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for WLK; it is not active in the latest market snapshot.

Theme membership history

No durable theme membership has been observed for this name yet.