Westlake Corporation Reports Second Quarter 2026 Results
Westlake swung to a Q2 profit of $260 million, or $2.01 per share, reversing a year-ago loss of $142 million, as EBITDA doubled to $679 million on an 8% rise in average selling prices and strong volume growth. The company aggressively strengthened its balance sheet, reducing debt by $500 million and replacing its 2027 credit facility with a new $1.5 billion revolver maturing in 2031.
Key figures
- Eps
- 2.01
- Revenue
- 3271000000
- Ebitda
- 679000000
- Ebitda margin
- 21%
- Revolver size
- 1500000000
- Capital return
- 99000000
- Debt reduction
- 500000000
- Free cash flow
- 111000000
AI analysis
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