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COMPANY BENCHMARKING • UNITED STATES

Westlake Corporation - Company Profile

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Westlake Corporation - Overview

Brands
Celect Cellular Exteriors, Exterior Portfolio, North American Pipe, Royal Building Products, Royal S4S Trim Board, Zuri Premium Decking
Description
Westlake is a public company headquartered in Texas with an estimated 15,920 employees. In the US, the company has a notable market share in at least one industry: Plastic Pipe & Parts Manufacturing, where they account for an estimated 6.0% of total industry revenue and are considered a Rising Star because they display lower market share, but displaying stronger profit and revenue growth than some of their peers.
Company Details

Registered Name: Westlake Corporation

Company Type: Operating

Exchange: NYSE

Headquarters: 2801 Post Oak Blvd Houston TX 77056

Website: https://www.westlake.com/

Employees: 15920

Westlake Corporation - Operating Industries and Main Competitors

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Westlake Corporation - Products and Services

  • Plastic Pipe & Parts Manufacturing in the US

    • Of the 6 core revenue-generating products and services in the Plastic Pipe & Parts Manufacturing in the US industry, Westlake Corporation offers:
    • Oil and gas pipes
    • Pipe fittings and unions
    • Pipes for industrial and mining applications
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Westlake Corporation - Analyst Insights

Vinnolit created the first-of-its-kind low carbon caustic soda

In 2021, Westlake’s subsidiary Vinnolit created the first-of-its-kind low-carbon caustic soda. Caustic soda is an ingredient essential for the production of a wide range of materials such as detergents, construction materials, food packaging, pharmaceuticals and water treatment products. Vinnolit has produced caustic soda since 2009. Considering that the central process is electrified, power from renewable sources can be used to save CO2. This new caustic soda will be produced with third-party certified renewable energy Guarantees of Origin (GOs). The new product will be sold under the name GreenVin. The footprint of GreenVin is reduced by 30% compared to the standard Vinnolit caustic soda.

Product Innovation|ESG


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Westlake Corporation - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Westlake Corporation's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Plastic Pipe & Parts Manufacturing in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Westlake Corporation - Financial Statements & Ratios

pie_chartWestlake Corporation Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue11,778.07,504.08,118.08,635.08,041.05,076.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartWestlake Corporation Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents1,908.01,313.0728.0753.01,531.0459.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
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pie_chartWestlake Corporation Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income2,070.0373.0462.01,034.01,339.0420.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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    Products and Services
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  • Products and Services
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