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Westlake Chemical Reports Record 2024 Financial Results

Story Highlights
  • Westlake Corporation achieved record income and EBITDA in its Housing and Infrastructure Products segment for 2024.
  • The company experienced its fifth consecutive quarter of year-over-year sales volume growth, highlighting strong market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Westlake Chemical Reports Record 2024 Financial Results

The latest announcement is out from Westlake Chemical ( (WLK) ).

Westlake Corporation announced its financial results for the fourth quarter and full year of 2024, reporting record income from operations of $807 million and EBITDA of $1.1 billion in its Housing and Infrastructure Products segment. This marks the fifth consecutive quarter of year-over-year growth in sales volume, underscoring the company’s robust market positioning and operational resilience.

More about Westlake Chemical

Westlake Corporation operates in the chemical industry, focusing on the production of housing and infrastructure products, along with performance and essential materials. The company is known for its significant contributions to the housing and infrastructure sectors, as well as its expanding market presence indicated by consistent growth in sales volume.

YTD Price Performance: -2.16%

Average Trading Volume: 591,012

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $14.12B

For detailed information about WLK stock, go to TipRanks’ Stock Analysis page.

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