Westlake (WLK) Debt Ratio (2010 - 2026)
Westlake's Debt Ratio was 0.26 in Q2 2026, up 16.5% from 0.22 a year earlier but down 7.8% from the prior quarter.
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Analysis
Westlake (WLK) Debt Ratio (2010 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Westlake came in at 0.28, up 27.2% from FY2024.
- In earlier years, Debt Ratio was 0.22 in FY2024 (-5.7%), 0.23 in FY2023 (-1.8%), 0.24 in FY2022 (-15.4%) and 0.28 in FY2021 (+8.9%).
- Quarterly Debt Ratio has moved between 0.22 (Q3 2024) and 0.30 (Q3 2021) over five years.
- Compared with a year earlier, Debt Ratio has increased for four straight quarters, with growth averaging 7.6% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q1 2026 (growth of 27.6%); the worst was Q3 2022 (a decline of 22.3%).
- Per Business Quant data, WLK's Debt Ratio in the three quarters before Q2 2026 was 0.28 (Q1 2026), 0.28 (Q4 2025) and 0.23 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.21 Bn | 201.33 Bn | 4.43 Bn | 0.32 |
| 2 | Corning | 136.71 Bn | 129.84 Bn | 1.63 Bn | 0.26 |
| 3 | Sherwin Williams | 80.23 Bn | 79.27 Bn | 3.34 Bn | 0.45 |
| 4 | Air Products & Chemicals | 62.17 Bn | 60.07 Bn | 1.04 Bn | 0.43 |
| 5 | Corteva | 51.95 Bn | 40.75 Bn | 3.66 Bn | 0.12 |
| 6 | LyondellBasell Industries | 37.59 Bn | 27.21 Bn | 2.04 Bn | 0.37 |
| 7 | Nutrien | 34.30 Bn | 31.17 Bn | 3.25 Bn | 0.21 |
| 8 | Qnity Electronics | 26.28 Bn | 23.71 Bn | 666.00 Mn | 0.28 |
| 9 | Ati | 25.72 Bn | 23.87 Bn | 309.80 Mn | 0.38 |
| 10 | Westlake | 8.10 Bn | -775.70 Mn | 652.00 Mn | 0.26 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.26 |
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.28 |
| Sep 30, 2025 | 0.23 |
| Jun 30, 2025 | 0.22 |
| Mar 31, 2025 | 0.22 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.22 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | 0.23 |
| Sep 30, 2023 | 0.23 |
| Jun 30, 2023 | 0.23 |
| Mar 31, 2023 | 0.24 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.24 |
| Jun 30, 2022 | 0.24 |
| Mar 31, 2022 | 0.26 |
| Dec 31, 2021 | 0.28 |
| Sep 30, 2021 | 0.30 |
API Access
Westlake Debt Ratio 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=debt-ratio&ticker=WLK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=WLK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();