Westlake (WLK) Revenue & Revenue Breakdown
Westlake Revenue Highlights
Latest Revenue (Y)
$12.55B
Latest Revenue (Q)
$3.21B
Main Segment (Y)
Performance and Essential Materials
Main Geography (Y)
UNITED STATES
Westlake Revenue by Period
Westlake Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $12.55B | -20.55% |
| 2022-12-31 | $15.79B | 34.10% |
| 2021-12-31 | $11.78B | 56.96% |
| 2020-12-31 | $7.50B | -7.56% |
| 2019-12-31 | $8.12B | -5.99% |
| 2018-12-31 | $8.63B | 7.39% |
| 2017-12-31 | $8.04B | 58.43% |
| 2016-12-31 | $5.08B | 13.71% |
| 2015-12-31 | $4.46B | 1.09% |
| 2014-12-31 | $4.42B | 17.45% |
| 2013-12-31 | $3.76B | 5.28% |
| 2012-12-31 | $3.57B | -1.35% |
| 2011-12-31 | $3.62B | 14.13% |
| 2010-12-31 | $3.17B | 36.38% |
| 2009-12-31 | $2.33B | -37.01% |
| 2008-12-31 | $3.69B | 15.67% |
| 2007-12-31 | $3.19B | 28.49% |
| 2006-12-31 | $2.48B | 1.77% |
| 2005-12-31 | $2.44B | 22.96% |
| 2004-12-31 | $1.99B | 39.52% |
| 2003-12-31 | $1.42B | 32.67% |
| 2002-12-31 | $1.07B | -1.33% |
| 2001-12-31 | $1.09B | -21.92% |
| 2000-12-31 | $1.39B | 31.64% |
| 1999-12-31 | $1.06B | - |
Westlake generated $12.55B in revenue during NA 2023, up -20.55% compared to the previous quarter, and up 145.32% compared to the same period a year ago.
Westlake Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $3.21B | 7.80% |
| 2024-03-31 | $2.98B | 5.27% |
| 2023-12-31 | $2.83B | -9.28% |
| 2023-09-30 | $3.12B | -4.18% |
| 2023-06-30 | $3.25B | -3.13% |
| 2023-03-31 | $3.36B | 1.73% |
| 2022-12-31 | $3.30B | -16.61% |
| 2022-09-30 | $3.96B | -11.76% |
| 2022-06-30 | $4.48B | 10.53% |
| 2022-03-31 | $4.06B | 15.65% |
| 2021-12-31 | $3.51B | 14.80% |
| 2021-09-30 | $3.06B | 6.86% |
| 2021-06-30 | $2.86B | 21.30% |
| 2021-03-31 | $2.36B | 19.95% |
| 2020-12-31 | $1.97B | 3.53% |
| 2020-09-30 | $1.90B | 11.06% |
| 2020-06-30 | $1.71B | -11.54% |
| 2020-03-31 | $1.93B | 2.60% |
| 2019-12-31 | $1.88B | -8.86% |
| 2019-09-30 | $2.07B | -3.64% |
| 2019-06-30 | $2.14B | 5.88% |
| 2019-03-31 | $2.02B | 1.50% |
| 2018-12-31 | $2.00B | -11.53% |
| 2018-09-30 | $2.25B | 0.89% |
| 2018-06-30 | $2.23B | 3.95% |
| 2018-03-31 | $2.15B | 6.97% |
| 2017-12-31 | $2.01B | -4.69% |
| 2017-09-30 | $2.11B | 6.55% |
| 2017-06-30 | $1.98B | 1.88% |
| 2017-03-31 | $1.94B | 11.95% |
| 2016-12-31 | $1.74B | 35.66% |
| 2016-09-30 | $1.28B | 17.77% |
| 2016-06-30 | $1.09B | 11.37% |
| 2016-03-31 | $975.19M | -1.17% |
| 2015-12-31 | $986.77M | -16.94% |
| 2015-09-30 | $1.19B | 0.26% |
| 2015-06-30 | $1.19B | 7.38% |
| 2015-03-31 | $1.10B | -2.85% |
| 2014-12-31 | $1.14B | -9.36% |
| 2014-09-30 | $1.25B | 25.50% |
| 2014-06-30 | $998.58M | -2.83% |
| 2014-03-31 | $1.03B | 7.99% |
| 2013-12-31 | $951.63M | -5.23% |
| 2013-09-30 | $1.00B | 6.93% |
| 2013-06-30 | $939.05M | 8.60% |
| 2013-03-31 | $864.65M | 7.94% |
| 2012-12-31 | $801.04M | -2.45% |
| 2012-09-30 | $821.17M | -10.15% |
| 2012-06-30 | $913.96M | -11.68% |
| 2012-03-31 | $1.03B | 20.45% |
| 2011-12-31 | $859.17M | -11.28% |
| 2011-09-30 | $968.37M | 4.68% |
| 2011-06-30 | $925.05M | 6.66% |
| 2011-03-31 | $867.25M | 9.04% |
| 2010-12-31 | $795.39M | 2.01% |
| 2010-09-30 | $779.68M | -4.73% |
| 2010-06-30 | $818.39M | 5.15% |
| 2010-03-31 | $778.33M | 23.54% |
| 2009-12-31 | $630.04M | -0.40% |
| 2009-09-30 | $632.57M | 10.04% |
| 2009-06-30 | $574.87M | 17.74% |
| 2009-03-31 | $488.25M | -18.23% |
| 2008-12-31 | $597.11M | -44.39% |
| 2008-09-30 | $1.07B | -2.96% |
| 2008-06-30 | $1.11B | 20.92% |
| 2008-03-31 | $915.06M | 7.58% |
| 2007-12-31 | $850.55M | - |
Westlake generated $3.21B in revenue during Q2 2024, up 7.80% compared to the previous quarter, and up 95.56% compared to the same period a year ago.
Westlake Revenue Breakdown
Westlake Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Housing and Infrastructure Products | $4.21B | $4.79B | $3.11B | - | - |
| Performance and Essential Materials | $8.34B | $11.01B | $8.67B | - | - |
| Olefins | - | - | - | $1.53B | $1.78B |
| Vinyls | - | - | - | $5.97B | $6.34B |
Westlake's latest annual revenue breakdown by segment (product or service), as of Dec 23: Performance and Essential Materials (66.43%), and Housing and Infrastructure Products (33.57%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance and Essential Materials | $1.93B | $1.88B | $1.97B | $2.14B | $2.35B | $2.36B | $2.71B | $3.10B | - | - | - | - | - | - | - | - | - | - | - | - |
| Housing and Infrastructure Products | $1.04B | $946.00M | $1.14B | $1.11B | $1.01B | $938.00M | $1.25B | $1.38B | - | - | - | - | - | - | - | - | - | - | - | - |
| Vinyls | - | - | - | - | - | - | - | - | $1.22B | $2.35B | $2.19B | $1.82B | $1.59B | $1.53B | $1.35B | $1.50B | $1.49B | $1.62B | $1.67B | $1.57B |
| Olefins | - | - | - | - | - | - | - | - | $2.83B | $707.00M | $671.00M | $537.00M | $375.00M | $369.00M | $361.00M | $427.00M | $398.00M | $448.00M | $477.00M | $459.00M |
Westlake's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Performance and Essential Materials (64.91%), and Housing and Infrastructure Products (35.09%).
Westlake Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| CHINA | $220.00M | $262.00M | $216.00M | $173.00M | $175.00M |
| CANADA | $808.00M | $1.05B | $980.00M | $601.00M | $573.00M |
| BRAZIL | $215.00M | - | - | - | - |
| UNITED STATES | $8.96B | $10.90B | $8.16B | $5.10B | $5.53B |
| Other Foreign Countries | $1.26B | $2.38B | $1.52B | $995.00M | $1.16B |
| MEXICO | $217.00M | - | - | - | - |
| ITALY | $135.00M | $200.00M | $181.00M | $103.00M | $119.00M |
| GERMANY | $602.00M | $875.00M | $628.00M | $458.00M | $478.00M |
| FRANCE | $138.00M | - | - | - | - |
| TAIWAN | - | $126.00M | - | - | - |
| TAIWAN, PROVINCE OF CHINA | - | - | $95.00M | $74.00M | $84.00M |
Westlake's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (71.37%), Other Foreign Countries (10.03%), CANADA (6.44%), GERMANY (4.80%), CHINA (1.75%), MEXICO (1.73%), BRAZIL (1.71%), FRANCE (1.10%), and ITALY (1.08%).
Westlake Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| WLK | Westlake | $12.55B | $3.21B |
| AVNT | Avient | $5.39B | $1.44B |
| AXTA | Axalta Coating Systems | $5.18B | $1.35B |
| CBT | Cabot | $3.93B | $1.02B |
| FUL | H.B. Fuller Company | $3.51B | $917.11M |
| SCL | Stepan Company | $2.33B | $556.40M |
| MTX | Minerals | $2.17B | $541.20M |
| KWR | Quaker Chemical | $1.95B | $463.57M |
| IOSP | Innospec | $1.95B | $435.00M |
| SXT | Sensient | $1.46B | $403.52M |
| ODC | Oil-Dri Corporation of America | $413.02M | $106.78M |
WLK Revenue FAQ
What is Westlake’s yearly revenue?
Westlake's yearly revenue for 2023 was $12.55B, representing a decrease of -20.55% compared to 2022. The company's yearly revenue for 2022 was $15.79B, representing an increase of 34.10% compared to 2021. WLK's yearly revenue for 2021 was $11.78B, representing an increase of 56.96% compared to 2020.
What is Westlake’s quarterly revenue?
Westlake's quarterly revenue for Q2 2024 was $3.21B, a 7.80% increase from the previous quarter (Q1 2024), and a -1.35% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.98B, a 5.27% increase from the previous quarter (Q4 2023), and a -11.35% decrease year-over-year (Q1 2023). WLK's quarterly revenue for Q4 2023 was $2.83B, a -9.28% decrease from the previous quarter (Q3 2023), and a -14.34% decrease year-over-year (Q4 2022).
What is Westlake’s revenue growth rate?
Westlake's revenue growth rate for the last 3 years (2021-2023) was 6.54%, and for the last 5 years (2019-2023) was 54.57%.
What are Westlake’s revenue streams?
Westlake's revenue streams in c 23 are Housing and Infrastructure Products, and Performance and Essential Materials. Housing and Infrastructure Products generated $4.21B in revenue, accounting 33.57% of the company's total revenue, down -11.99% year-over-year. Performance and Essential Materials generated $8.34B in revenue, accounting 66.43% of the company's total revenue, down -24.27% year-over-year.
What is Westlake’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Westlake was Performance and Essential Materials. This segment made a revenue of $8.34B, representing 66.43% of the company's total revenue.