Westlake Corp. Files 2024 10-K
Ticker: WLK · Form: 10-K · Filed: 2025-02-25T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, chemicals
TL;DR
Westlake Corp. 2024 10-K filed. Full year financials out.
AI Summary
Westlake Corp. filed its 2024 10-K on February 25, 2025, detailing its financial performance for the fiscal year ending December 31, 2024. The company, headquartered in Houston, TX, operates in the industrial organic chemicals sector. Key financial data and operational details for the period are presented in this comprehensive annual report.
Why It Matters
This filing provides investors and analysts with a detailed overview of Westlake Corp.'s financial health, operational performance, and strategic outlook for the fiscal year 2024.
Risk Assessment
Risk Level: medium — This is a standard annual financial filing with no immediate red flags or significant new risks highlighted.
Key Numbers
- 2024 — Fiscal Year (The period covered by the 10-K filing.)
- 1231 — Fiscal Year End (Indicates the end date of the reporting period.)
- 2025-02-25 — Filing Date (The date the 10-K was officially submitted to the SEC.)
Key Players & Entities
- WESTLAKE CORP (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-02-25 (date) — Filing date
- HOUSTON (location) — Company headquarters city
- DE (location) — State of incorporation
FAQ
What were Westlake Corp.'s total revenues for the fiscal year ending December 31, 2024?
The provided text does not contain specific revenue figures for the fiscal year ending December 31, 2024.
What is Westlake Corp.'s primary business segment as indicated in the filing?
The filing indicates Westlake Corp. operates in 'INDUSTRIAL ORGANIC CHEMICALS [2860]'.
When was Westlake Corp. incorporated?
The filing states the State of Incorporation is 'DE' (Delaware).
What is the SEC file number for Westlake Corp.'s 10-K filing?
The SEC file number is '001-32260'.
Does the filing mention any specific debt instruments due in the near future?
The filing references 'wlk:OnePointSixTwoFivePercentageSeniorNotesDueTwentyTwentyNineMemberDomain' indicating a specific debt instrument.
From the Filing
0001262823-25-000011.txt : 20250225 0001262823-25-000011.hdr.sgml : 20250225 20250225161614 ACCESSION NUMBER: 0001262823-25-000011 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 141 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250225 DATE AS OF CHANGE: 20250225 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WESTLAKE CORP CENTRAL INDEX KEY: 0001262823 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 760346924 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32260 FILM NUMBER: 25663448 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713-960-9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 FORMER COMPANY: FORMER CONFORMED NAME: WESTLAKE CHEMICAL CORP DATE OF NAME CHANGE: 20030908 10-K 1 wlk-20241231.htm 10-K wlk-20241231 false 2024 FY 0001262823 P3Y http://fasb.org/us-gaap/2024#AssetImpairmentCharges http://fasb.org/us-gaap/2024#AssetImpairmentCharges http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#UnderfundedPlanMember http://fasb.org/us-gaap/2024#UnderfundedPlanMember P1Y http://www.westlake.com/20241231#RestructuringTransactionAndIntegrationCost http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense iso4217:USD xbrli:shares iso4217:USD xbrli:shares wlk:plant xbrli:pure utr:lb utr:Rate iso4217:EUR wlk:plan iso4217:BRL wlk:Segment wlk:customer 0001262823 2024-01-01 2024-12-31 0001262823 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0001262823 wlk:OnePointSixTwoFivePercentageSeniorNotesDueTwentyTwentyNineMemberDomain 2024-01-01 2024-12-31 0001262823 2024-06-30 0001262823 2025-02-18 0001262823 2024-12-31 0001262823 2023-12-31 0001262823 2023-01-01 2023-12-31 0001262823 2022-01-01 2022-12-31 0001262823 us-gaap:CommonStockMember 2021-12-31 0001262823 us-gaap:TreasuryStockCommonMember 2021-12-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001262823 us-gaap:RetainedEarningsMember 2021-12-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2021-12-31 0001262823 2021-12-31 0001262823 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2022-01-01 2022-12-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001262823 us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001262823 us-gaap:CommonStockMember 2022-12-31 0001262823 us-gaap:TreasuryStockCommonMember 2022-12-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001262823 us-gaap:RetainedEarningsMember 2022-12-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2022-12-31 0001262823 2022-12-31 0001262823 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-12-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001262823 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-12-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001262823 us-gaap:CommonStockMember 2023-12-31 0001262823 us-gaap:TreasuryStockCommonMember 2023-12-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001262823 us-gaap:RetainedEarningsMember 2023-12-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2023-12-31 0001262823 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-12-31