---
schema_version: "secwatch.filing_event.v1"
accession: "0001262823-24-000023"
form_type: "8-K"
ticker: "WLK"
cik: "0001262823"
company_name: "WESTLAKE CORP"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:14:34.420885+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Westlake Q1 net income $174M ($1.34 EPS); HIP EBITDA record $264M

## Summary
- Net sales $2,975M down 11% YoY; net income $174M down from $394M YoY.
- HIP segment record Q1 income from operations $210M, EBITDA $264M (25% margin).
- PEM segment operating income $22M down from $403M YoY due to weak demand.
- Cash $3.1B, debt $4.9B; operating cash flow $169M in Q1.
- Investor event focused on HIP segment on June 13, 2024.

## SEC filing metadata
- accession: 0001262823-24-000023
- form_type: 8-K
- ticker: WLK
- cik: 0001262823
- company_name: WESTLAKE CORP
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1262823/000126282324000023/0001262823-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1262823/000126282324000023/wlk-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001262823-24-000023
- JSON: https://secwatch.observer/filing/0001262823-24-000023.json
- Plain text: https://secwatch.observer/filing/0001262823-24-000023.txt

## Key facts
- Earnings Releases
  WESTLAKE CORP reported first quarter 2024 results: revenue $2,975, net income $174, EPS $1.34.
  - Period: first quarter 2024
  - Revenue: $2,975
  - Net income: $174
  - EPS: $1.34
  - Result: reported results
  source text: except per share data and percentages) Three Months Ended March 31, 2024 Three Months Ended December 31, 2023 Three Months Ended March 31, 2023 Westlake Corporation Net sales $ 2,975 $ 2,826 $ 3,356 Income (loss) from operations $ 223 $ (552) $ 536 Net income (loss) attributable to Westlake Corporation $ 174 $ (497) $ 394 Diluted earnings (loss) per common
  evidence_url: https://www.sec.gov/Archives/edgar/data/1262823/000126282324000023/0001262823-24-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.