Westlake Q4 net loss of $544 million on $2.5 billion sales, down 11%
Westlake reported a fourth-quarter 2025 net loss of $544 million, or $4.22 per share, compared with net income of $7 million, or $0.06 per share, a year earlier. Excluding $511 million of identified items, mainly plant shutdown expenses, the loss was $33 million, or $0.25 per share, and EBITDA was $196 million versus $416 million a year earlier. Management said it expects 2026 earnings to improve, targeting $600 million of EBITDA benefit from its PEM profitability plan.
Key points
- Q4 2025 net sales were $2.5 billion, down 11% year over year, with sales volume down 7% and average sales price down 4%.
- Q4 2025 net loss was $544 million, or $4.22 per share; excluding identified items, the loss was $33 million, or $0.25 per share.
- Full-year 2025 net loss was $1.5 billion, or $11.70 per share, including a $727 million goodwill write-off; excluding identified items, the loss was $116 million, or $0.90 per share.
- Management targets $600 million of EBITDA improvement in 2026 from the PEM profitability plan, and cites the January 2026 acquisition of ACI.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 24, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.