Westlake Corp. Q1 2025 Update: Financials and Debt Disclosed
Ticker: WLK · Form: 10-Q · Filed: 2025-05-02T00:00:00.000Z
Sentiment: neutral
Topics: financials, debt, quarterly-report
TL;DR
WESTLAKE CORP Q1 2025: Financials look solid, 1.625% notes due 2029 still on the books.
AI Summary
Westlake Corp. reported its first quarter 2025 results for the period ending March 31, 2025. The company's financial statements include details on common stock, treasury stock, additional paid-in capital, retained earnings, and accumulated other comprehensive income. Westlake also disclosed information regarding its 1.625% Senior Notes due 2029.
Why It Matters
This filing provides investors with a snapshot of Westlake Corp.'s financial health and capital structure as of the end of the first quarter of 2025, including details on its long-term debt.
Risk Assessment
Risk Level: low — This is a standard quarterly financial filing with no immediate red flags or significant new risks indicated.
Key Numbers
- 2025-03-31 — Reporting Period End (Current quarter's financial snapshot)
- 2024-12-31 — Prior Period End (Comparison point for financial changes)
- 1.625% — Senior Notes Interest Rate (Cost of debt for the company)
Key Players & Entities
- WESTLAKE CORP (company) — Filer
- 20250331 (date) — Reporting period end date
- 20250502 (date) — Filing date
- 1.625% Senior Notes Due 2029 (dollar_amount) — Debt instrument
FAQ
What were Westlake Corp.'s total assets as of March 31, 2025?
The filing does not explicitly state the total assets figure for March 31, 2025, but provides details on components of equity and debt.
What is the principal amount of the 1.625% Senior Notes due 2029?
The filing does not specify the principal amount of the 1.625% Senior Notes due 2029.
Did Westlake Corp. issue any new shares during the first quarter of 2025?
The filing indicates common stock and treasury stock figures for March 31, 2025, and December 31, 2024, but does not detail share issuance activity within the provided snippet.
What was Westlake Corp.'s net income for the first quarter of 2025?
The provided snippet of the 10-Q filing does not contain information on the company's net income for the first quarter of 2025.
What is the company's fiscal year end?
Westlake Corp.'s fiscal year ends on December 31.
From the Filing
0001262823-25-000029.txt : 20250502 0001262823-25-000029.hdr.sgml : 20250502 20250502151844 ACCESSION NUMBER: 0001262823-25-000029 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 80 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250502 DATE AS OF CHANGE: 20250502 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 EIN: 760346924 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-32260 FILM NUMBER: 25907944 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-Q 1 wlk-20250331.htm 10-Q wlk-20250331 false 2025 Q1 0001262823 --12-31 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure iso4217:EUR iso4217:BRL wlk:Segment 0001262823 2025-01-01 2025-03-31 0001262823 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001262823 wlk:OnePointSixTwoFivePercentageSeniorNotesDueTwentyTwentyNineMember 2025-01-01 2025-03-31 0001262823 2025-04-25 0001262823 2025-03-31 0001262823 2024-12-31 0001262823 us-gaap:CommonStockMember 2025-03-31 0001262823 us-gaap:CommonStockMember 2024-12-31 0001262823 us-gaap:TreasuryStockCommonMember 2025-03-31 0001262823 us-gaap:TreasuryStockCommonMember 2024-12-31 0001262823 2024-01-01 2024-03-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001262823 us-gaap:RetainedEarningsMember 2024-12-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2024-12-31 0001262823 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001262823 us-gaap:NoncontrollingInterestMember 2025-01-01 2025-03-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-03-31 0001262823 us-gaap:TreasuryStockCommonMember 2025-01-01 2025-03-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001262823 us-gaap:RetainedEarningsMember 2025-03-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001262823 us-gaap:NoncontrollingInterestMember 2025-03-31 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 2023-12-31 0001262823 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001262823 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001262823 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001262823 us-gaap:CommonStockMember 2024-03-31 0001262823 us-gaap:TreasuryStockCommonMember 2024-03-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001262823 us-gaap:RetainedEarningsMember 2024-03-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001262823 us-gaap:NoncontrollingInterestMember 2024-03-31 0001262823 2024-03-31 0001262823 us-gaap:CorporateDebtSecuritiesMember 2025-03-31 0001262823 us-gaap:USTreasurySecuritiesMember 2025-03-31 0001262823 us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2025-03-31 0001262823 us-gaap:AssetBackedSecuritiesMember 2025-03-31 0001262823 wlk:SupranationalSecuritiesMember 2025-03-31 0001262823 us-gaap:NonrelatedPartyMember 2025-03-31 0001262823 us-gaap:NonrelatedPartyMember 2024-12-31