Westlake (WLK) Operating Expenses (2010 - 2026)
Westlake (WLK) recorded quarterly Operating Expenses of $254.0 million in Q1 2026, down 31.72% quarter-over-quarter from $372.0 million in Q4 2025, and up 8.55% on a YoY basis from $234.0 million in Q1 2025.
Westlake (WLK) Operating Expenses (2010 - 2026) Analysis & Trends
Westlake's Operating Expenses history runs 17 years deep, the most recent figure standing at $254.0 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 8.55% year-over-year to $254.0 million; the TTM figure through Mar 2026 stood at $1.2 billion (up 18.46% YoY), while the FY2025 annual figure was $1.2 billion, up 23.01% from the prior year.
- Operating Expenses was $254.0 million for Q1 2026 at Westlake, down from $372.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $372.0 million in Q4 2025 to a low of $206.0 million in Q3 2023.
- Historically, Operating Expenses has averaged $242.8 million across 5 years, with a median of $228.0 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 81.6% in 2022, then decreased 15.52% in 2025.
- A 5-year view of Operating Expenses shows it stood at $209.0 million in 2022, then rose by 17.7% to $246.0 million in 2023, then fell by 4.88% to $234.0 million in 2024, then soared by 58.97% to $372.0 million in 2025, then tumbled by 31.72% to $254.0 million in 2026.
- The last three Operating Expenses figures came in at $254.0 million (Q1 2026), $372.0 million (Q4 2025), and $245.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 931.00 Mn |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | -48.90 Mn |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 1.97 Bn |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 1.08 Bn |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 248.80 Mn |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 1.10 Bn |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 599.00 Mn |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 302.00 Mn |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | 6.96 Bn |
| 10 | Westlake | 10.27 Bn | 8.30 Bn | 112.00 Mn | 254.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 254.00 Mn |
| Dec 31, 2025 | 372.00 Mn |
| Sep 30, 2025 | 245.00 Mn |
| Jun 30, 2025 | 297.00 Mn |
| Mar 31, 2025 | 234.00 Mn |
| Dec 31, 2024 | 234.00 Mn |
| Sep 30, 2024 | 290.00 Mn |
| Jun 30, 2024 | 228.00 Mn |
| Mar 31, 2024 | 213.00 Mn |
| Dec 31, 2023 | 246.00 Mn |
| Sep 30, 2023 | 206.00 Mn |
| Jun 30, 2023 | 216.00 Mn |
| Mar 31, 2023 | 225.00 Mn |
| Dec 31, 2022 | 209.00 Mn |
| Sep 30, 2022 | 221.00 Mn |
| Jun 30, 2022 | 227.00 Mn |
| Mar 31, 2022 | 211.00 Mn |
| Dec 31, 2021 | 183.00 Mn |
| Sep 30, 2021 | 128.00 Mn |
| Jun 30, 2021 | 125.00 Mn |