Westlake (WLK) Capital Expenditures (2011 - 2026)
Westlake (WLK) recorded Capital Expenditures of $207 million in Q2 2026, down 22.5% from $267 million a year earlier and down 1.0% from the prior quarter.
Westlake (WLK) Capital Expenditures (2011 - 2026) Analysis & Trends
On a TTM basis, Westlake's Capital Expenditures came in at $896 million as of Jun 30, 2026, down 12.2% year-over-year; for FY2025, it came in at $995 million, down 1.3% from FY2024.
- Annual Capital Expenditures has declined for three straight years, though with a five-year compound annual growth rate of 13.6% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $1.01 billion in FY2024 (-2.5%), $1.03 billion in FY2023 (-6.7%), $1.11 billion in FY2022 (+68.4%) and $658 million in FY2021 (+25.3%).
- The Q2 2026 figure is the lowest quarterly Capital Expenditures since Q3 2021.
- On a year-over-year basis, Capital Expenditures has declined for three consecutive quarters, with an average decline of 5.9% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 120.8% in Q3 2022, against a decline of 23.0% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $209 million (Q1 2026), $241 million (Q4 2025) and $239 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 1.44 Bn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 422.00 Mn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 108.40 Mn |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | 995.70 Mn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 122.00 Mn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 270.00 Mn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | -491.00 Mn |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 90.00 Mn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 68.60 Mn |
| 10 | Westlake | 7.97 Bn | -911.16 Mn | 652.00 Mn | 207.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 207.00 Mn |
| Mar 31, 2026 | 209.00 Mn |
| Dec 31, 2025 | 241.00 Mn |
| Sep 30, 2025 | 239.00 Mn |
| Jun 30, 2025 | 267.00 Mn |
| Mar 31, 2025 | 248.00 Mn |
| Dec 31, 2024 | 285.00 Mn |
| Sep 30, 2024 | 220.00 Mn |
| Jun 30, 2024 | 231.00 Mn |
| Mar 31, 2024 | 272.00 Mn |
| Dec 31, 2023 | 282.00 Mn |
| Sep 30, 2023 | 245.00 Mn |
| Jun 30, 2023 | 240.00 Mn |
| Mar 31, 2023 | 267.00 Mn |
| Dec 31, 2022 | 297.00 Mn |
| Sep 30, 2022 | 318.00 Mn |
| Jun 30, 2022 | 230.00 Mn |
| Mar 31, 2022 | 263.00 Mn |
| Dec 31, 2021 | 244.00 Mn |
| Sep 30, 2021 | 144.00 Mn |
Westlake Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=WLK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "WLK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=WLK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();