Westlake (WLK) Operating Expenses (2010 - 2026)
Westlake (WLK) posted Operating Expenses of $256.0 million for Q2 2026, up 0.79% on a QoQ basis from $254.0 million in Q1 2026, and down 23.81% year-over-year from $336.0 million in Q2 2025.
Analysis
Westlake (WLK) Operating Expenses (2010 - 2026) Analysis & Trends
Westlake has reported Operating Expenses for 17 years, with the latest figure at $256.0 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 23.81% year-over-year to $256.0 million in Q2 2026; TTM through Jun 2026 was $1.5 billion, a 35.28% increase from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 59.59% from the prior year.
- Operating Expenses was $256.0 million for Q2 2026 at Westlake, up from $254.0 million in the prior quarter.
- The five-year high for Operating Expenses was $725.0 million in Q4 2025, with the low at $206.0 million in Q3 2023.
- Average Operating Expenses over 5 years is $265.3 million, with a median of $231.0 million recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses soared 209.83% in 2025, then decreased 23.81% in 2026.
- Over 5 years, Operating Expenses stood at $209.0 million in 2022, then gained by 17.7% to $246.0 million in 2023, then retreated by 4.88% to $234.0 million in 2024, then jumped by 209.83% to $725.0 million in 2025, then plunged by 64.69% to $256.0 million in 2026.
- The last three Operating Expenses figures came in at $256.0 million (Q2 2026), $254.0 million (Q1 2026), and $725.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | LyondellBasell Industries | 41.03 Bn | 38.52 Bn | 2.04 Bn | 7.63 Bn |
| 2 | Westlake | 9.56 Bn | 8.21 Bn | 652.00 Mn | 256.00 Mn |
| 3 | Celanese | 4.90 Bn | 3.96 Bn | 618.00 Mn | 311.00 Mn |
| 4 | Methanex | 4.54 Bn | 4.47 Bn | 638.01 Mn | - |
| 5 | Chemours | 2.30 Bn | 1.63 Bn | 286.00 Mn | 499.00 Mn |
| 6 | Olin | 1.98 Bn | 1.80 Bn | 170.20 Mn | 113.30 Mn |
| 7 | Sino Green Land | 1.85 Bn | 1.85 Bn | -78,936.00 | 201,005.00 |
| 8 | Braskem | 1.51 Bn | -754.70 Mn | - | - |
| 9 | Ecovyst | 1.12 Bn | 1.03 Bn | 49.85 Mn | 13.13 Mn |
| 10 | Kronos Worldwide | 969.12 Mn | 942.52 Mn | 102.80 Mn | 64.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 256.00 Mn |
| Mar 31, 2026 | 254.00 Mn |
| Dec 31, 2025 | 725.00 Mn |
| Sep 30, 2025 | 245.00 Mn |
| Jun 30, 2025 | 336.00 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 |