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
DateValue
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