Westlake Q3 net income $6 million; $0.45 per share excluding items vs. loss a year ago
Westlake reported third-quarter 2026 net sales of $2.98 billion, up from $2.84 billion a year earlier, and GAAP net income of $6 million, or $0.05 per diluted share. Excluding identified items, mainly $56 million of charges tied to facility shutdowns, net income was $58 million, or $0.45 per share, compared with a loss of $0.29 per share a year earlier. Results fell sharply from the second quarter, when EBITDA excluding identified items was $679 million, and the company announced the closure of its Cologne, Germany PVC plant.
Key points
- Net sales $2.98 billion vs. $2.84 billion in Q3 2025 and $3.27 billion in Q2 2026.
- GAAP net income $6 million ($0.05 per share); excluding identified items $58 million ($0.45 per share).
- EBITDA excluding identified items $408 million, up from $313 million a year earlier but down from $679 million in Q2 2026.
- Free cash flow $220 million in the quarter; cash and investments $2.0 billion at September 30, 2026.
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.