Earnings Releases·Nov 4, 2026, 7:30 AM ET

Westlake Corporation — Third Quarter 2026 Earnings Summary

Net sales reached $2,981 million (up 5% YoY, down 9% QoQ), while net income turned positive at $6 million ($0.05/share) compared to a $782 million loss YoY and $260 million profit QoQ; EBITDA excluding Identified Items was $408 million, up from $313 million YoY but down from $679 million QoQ.
Free cash flow generated was $220 million, supported by a strong balance sheet with $2.0 billion in cash and $5.1 billion in total debt, while the three-pillar profitability plan remains on track to deliver $600 million in EBITDA uplift for 2026.
Strategic footprint optimization included the closure of the high-cost PVC plant in Cologne, Germany, and the integration of the Wilhelmshaven facility, alongside the January 2026 acquisition of ACI which drove Infrastructure Products sales growth.
Outlook highlights near-term headwinds for Housing and Infrastructure Products due to higher borrowing costs and affordability concerns, whereas Performance and Essential Materials selling prices have stabilized with upward momentum expected in Q4 2026 despite European energy cost pressures.