Westlake Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-1.51B | $602.0M | $479.0M | $2.25B | $2.02B | $330.0M | $421.0M | $996.0M |
| Depreciation & Amortization | $1.18B | $1.11B | $1.10B | $1.06B | $840.0M | $773.0M | $713.0M | $641.0M |
| Depreciation | $797.0M | $759.0M | $763.0M | $762.0M | $604.0M | $558.0M | $519.0M | $478.0M |
| Amortization | $124.0M | $117.0M | $122.0M | $155.0M | $123.0M | $109.0M | $109.0M | $101.0M |
| Stock-Based Compensation | $41.0M | $41.0M | $43.0M | $36.0M | $31.0M | $29.0M | $25.0M | $22.0M |
| Net Cash from Operating Activities | $465.0M | $1.31B | $2.34B | $3.40B | $2.39B | $1.30B | $1.30B | $1.41B |
| Investing Activities | ||||||||
| Capital Expenditures | $995.0M | $1.01B | $1.03B | $1.11B | $658.0M | $525.0M | $787.0M | $702.0M |
| Business Acquisitions | — | $0 | $0 | $1.20B | $2.55B | $0 | $314.0M | $0 |
| Net Cash from Investing Activities | $-1.22B | $-1.00B | $-1.04B | $-2.48B | $-3.21B | $-509.0M | $-1.95B | $-754.0M |
| Financing Activities | ||||||||
| Dividends Paid | $272.0M | $264.0M | $221.0M | $169.0M | $145.0M | $137.0M | $132.0M | $120.0M |
| Stock Repurchases | $63.0M | $60.0M | $23.0M | $101.0M | $30.0M | $54.0M | $30.0M | $106.0M |
| Net Cash from Financing Activities | $530.0M | $-650.0M | $-245.0M | $-587.0M | $1.44B | $-216.0M | $630.0M | $-1.43B |
| Net Change in Cash | $-195.0M | $-384.0M | $1.07B | $305.0M | $604.0M | $587.0M | $-25.0M | $-779.0M |
| Free Cash Flow | $-530.0M | $306.0M | $1.30B | $2.29B | $1.74B | $772.0M | $514.0M | $707.0M |