Westlake Q2 net income $260M vs loss $142M YoY; EBITDA $679M, debt cut $500M

WESTLAKE CORP

Net income $260M ($2.01 diluted EPS) vs Q2 2025 net loss $142M ($1.11 loss); EBITDA $679M vs $340M excl. items.
PEM segment EBITDA $416M (21% margin) vs $52M YoY; HIP EBITDA $276M (22% margin) flat YoY.
Reduced debt by $500M, returned $99M to shareholders; new $1.5B revolver due 2031.
Three-pillar profitability plan on track for $600M FY 2026 benefit; ~$150M benefit in Q2.
Completed acquisition of PVC/VCM site in Wilhelmshaven, Germany.

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