NYSE$WLK
Westlake Chemical Corp · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Westlake achieved record quarterly earnings driven by the global economic recovery and expansion.
Westlake Chemical Corporation reported record second-quarter results, with net sales of $2.9 billion and net income of $522 million, excluding one-time tax benefits. The company's performance was driven by strong demand and higher sales prices across its product offerings. Westlake also announced pending acquisitions of Boral's North American building products businesses and LASCO Fittings, Inc.
- Record quarterly net sales of $2.9 billion.
- Record quarterly net income of $522 million, excluding one-time tax benefits in a prior quarter.
- Record quarterly EBITDA of $932 million.
- Announced pending acquisitions of Boral's North American building products businesses and of LASCO Fittings, Inc., which are expected to close in the second half of 2021
Headline financials
Revenue & EPS history
Westlake · Revenue · Quarterly
$2.86B
Forward guidance
Westlake is investing in its business to drive value and is creating new platforms for continued future growth. The company recently announced acquisitions totaling approximately $2.4 billion for Boral North America and LASCO. Westlake believes in the growing secular strength of the housing, repair and remodeling markets, and these strategic acquisitions will provide new and complementary platforms and long-term growth opportunities.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+0.4%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+1.1%
Avg return
30 days after
51%
33 / 65 earnings
Positive
+12.1%
Q4 2025
Best reaction
-13.4%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.6% | -6.9% | -19.4% | |
| Q4 2025 | +12.1% | +13.3% | +22.0% | |
| Q3 2025 | -7.0% | -9.1% | -9.1% | |
| Q1 2025 | -13.4% | -15.5% | -23.0% | |
| Q4 2024 | -0.2% | +2.4% | -7.4% | |
| Q3 2024 | +4.3% | +0.5% | -6.0% | |
| Q2 2024 | +7.5% | +9.4% | +2.2% | |
| Q1 2024 | +1.5% | +4.0% | +9.0% | |
| Q4 2023 | -6.0% | +2.8% | +3.2% | |
| Q3 2023 | +6.4% | +3.6% | +14.1% | |
| Q2 2023 | -2.5% | -1.3% | -1.3% | |
| Q1 2023 | +8.1% | +5.3% | +0.7% | |
| Q4 2022 | -3.2% | -0.9% | -12.6% | |
| Q3 2022 | +4.1% | +5.5% | +13.1% | |
| Q2 2022 | -2.8% | -2.9% | -0.9% | |
| Q1 2022 | +10.3% | +8.0% | +4.8% | |
| Q4 2021 | -0.9% | +2.4% | +17.4% | |
| Q3 2021 | +1.9% | +0.9% | -6.2% | |
| Q2 2021 | -1.7% | +0.3% | +6.9% | |
| Q1 2021 | +7.6% | +9.3% | +10.9% | |
| Q4 2020 | +0.8% | -2.1% | +0.6% | |
| Q3 2020 | -1.1% | +1.3% | +10.8% | |
| Q2 2020 | +0.9% | +7.4% | +9.7% | |
| Q1 2020 | +5.9% | +7.8% | +30.0% | |
| Q4 2019 | -2.8% | -4.1% | -42.7% | |
| Q3 2019 | +7.5% | +9.3% | -1.1% | |
| Q2 2019 | +0.5% | -0.6% | -2.8% | |
| Q1 2019 | -6.4% | -10.6% | -15.5% | |
| Q4 2018 | -1.2% | -6.6% | -13.8% | |
| Q3 2018 | +6.8% | +1.9% | -5.7% | |
| Q2 2018 | -7.5% | -6.7% | -12.1% | |
| Q1 2018 | -1.2% | +0.5% | +8.0% | |
| Q4 2017 | +1.6% | +4.1% | +6.2% | |
| Q3 2017 | +9.2% | +8.1% | +15.5% | |
| Q2 2017 | -1.9% | -2.5% | +8.9% | |
| Q1 2017 | +0.7% | -0.1% | +0.4% | |
| Q4 2016 | +4.7% | +3.2% | +5.8% | |
| Q3 2016 | +2.7% | +2.5% | +11.9% | |
| Q2 2016 | -0.1% | -4.0% | +12.0% | |
| Q1 2016 | -3.7% | — | — | |
| Q4 2015 | -7.0% | — | — | |
| Q3 2015 | +1.6% | — | — | |
| Q2 2015 | +7.1% | — | — | |
| Q1 2015 | -9.3% | — | — | |
| Q4 2014 | +0.1% | — | — | |
| Q3 2014 | -5.2% | — | — | |
| Q2 2014 | -1.9% | — | — | |
| Q1 2014 | +2.4% | — | — | |
| Q4 2013 | +2.1% | — | — | |
| Q3 2013 | +4.9% | — | — | |
| Q2 2013 | +4.6% | — | — | |
| Q1 2013 | +10.9% | — | — | |
| Q4 2012 | -5.2% | — | — | |
| Q3 2012 | -1.6% | — | — | |
| Q2 2012 | +11.2% | — | — | |
| Q1 2011 | -3.6% | — | — | |
| Q1 2012 | +1.3% | — | — | |
| Q1 2010 | -0.8% | — | — | |
| Q4 2011 | -0.8% | — | — | |
| Q4 2009 | -0.8% | — | — | |
| Q3 2010 | +4.7% | — | — | |
| Q3 2011 | +4.7% | — | — | |
| Q4 2010 | -9.3% | — | — | |
| Q2 2011 | -9.3% | — | — | |
| Q2 2010 | -9.3% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro