Westlake (WLK) Revenue & Revenue Breakdown

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Westlake Revenue Highlights

Latest Revenue (Y)

$12.55B

Latest Revenue (Q)

$3.12B

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
2024-09-30	$3.12B	-2.81%
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 $3.12B in revenue during Q3 2024, up -2.81% compared to the previous quarter, and up 95.88% 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	Sep 24	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
Housing and Infrastructure Products	$1.10B	$1.04B	$946.00M	$1.14B	$1.11B	$1.01B	$938.00M	$1.25B	$1.38B	-	-	-	-	-	-	-	-	-	-	-
Performance and Essential Materials	$2.02B	$1.93B	$1.88B	$1.97B	$2.14B	$2.35B	$2.36B	$2.71B	$3.10B	-	-	-	-	-	-	-	-	-	-	-
Vinyls	-	-	-	-	-	-	-	-	-	$1.22B	$2.35B	$2.19B	$1.82B	$1.59B	$1.53B	$1.35B	$1.50B	$1.49B	$1.62B	$1.67B
Olefins	-	-	-	-	-	-	-	-	-	$2.83B	$707.00M	$671.00M	$537.00M	$375.00M	$369.00M	$361.00M	$427.00M	$398.00M	$448.00M	$477.00M

Westlake's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Performance and Essential Materials (64.77%), and Housing and Infrastructure Products (35.23%).

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	$3.12B
AVNT	Avient	$5.39B	$2.51B
AXTA	Axalta Coating Systems	$5.18B	$1.32B
CBT	Cabot	$3.99B	$1.02B
FUL	H.B. Fuller Company	$3.51B	$917.93M
SCL	Stepan Company	$2.33B	$546.84M
MTX	Minerals	$2.17B	$524.70M
KWR	Quaker Chemical	$1.95B	$462.27M
IOSP	Innospec	$1.95B	$435.00M
SXT	Sensient	$1.46B	$392.61M
ODC	Oil-Dri Corporation of America	$437.59M	$127.94M

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 Q3 2024 was $3.12B, a -2.81% decrease from the previous quarter (Q2 2024), and a 0.06% increase year-over-year (Q3 2023). The company'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). WLK'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).

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.