Westlake Q4 net loss $544M (-$4.22/sh); FY loss $1.51B; targets $600M EBITDA improvement

WESTLAKE CORP

2025-FY EPS reported -$11.70 revenue$11,170,000,000

Net loss $544M (GAAP diluted EPS -$4.22); adjusted net loss $33M (-$0.25/sh) excl. $511M shutdown & restructuring items.
Revenue $2.53B (-11% YoY); full-year revenue $11.17B (-8% YoY) driven by lower PEM volumes and pricing.
PEM segment EBITDA excl. items $45M (Q4) vs $220M a year ago; HIP EBITDA $146M vs $188M.
Company targets $600M EBITDA improvement in 2026 via footprint optimization, cost savings, and plant reliability.
Achieved $170M cost savings in FY2025; HIP expected to benefit from ACI acquisition in early 2026.

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