Westlake Chemical Corporation (WLK) — Tangible Net Worth Ratio
Westlake Chemical Corporation (WLK) has a Tangible Net Worth Ratio of 87.1% as of June 2026. This metric is calculated by deducting intangible assets ($1.19 Billion) from net assets ($9.21 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore how fast is Westlake Chemical Corporation growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Westlake Chemical Corporation Tangible Net Worth Ratio (2002–2025)
This chart shows how Westlake Chemical Corporation's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of June 2026, the ratio stands at 87.1%, reflecting net assets of $9.21 Billion with intangible assets of $1.19 Billion USD. For live market cap and overall valuation, see market cap of Westlake Chemical Corporation.
Annual Tangible Net Worth Ratio for Westlake Chemical Corporation (2002–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Westlake Chemical Corporation from 2002 to 2025, covering 24 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore WLK capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 87.3% | $9.29 Billion | $1.18 Billion | $19.96 Billion | ▼ -1.1 pp |
| 2024 | 88.4% | $11.04 Billion | $1.28 Billion | $20.75 Billion | ▲ +1.4 pp |
| 2023 | 87.0% | $10.76 Billion | $1.40 Billion | $21.04 Billion | ▲ +1.9 pp |
| 2022 | 85.0% | $10.46 Billion | $1.56 Billion | $20.55 Billion | ▲ +3.6 pp |
| 2021 | 81.5% | $8.53 Billion | $1.58 Billion | $18.46 Billion | ▼ -9.2 pp |
| 2020 | 90.7% | $6.58 Billion | $612.00 Million | $13.84 Billion | ▲ +1.8 pp |
| 2019 | 88.9% | $6.40 Billion | $710.00 Million | $13.26 Billion | ▼ -0.2 pp |
| 2018 | 89.2% | $6.08 Billion | $659.00 Million | $11.60 Billion | ▲ +3.6 pp |
| 2017 | 85.5% | $5.37 Billion | $777.00 Million | $12.08 Billion | ▲ +5.8 pp |
| 2016 | 79.8% | $3.89 Billion | $787.45 Million | $10.89 Billion | ▼ -16.0 pp |
| 2015 | 95.7% | $3.56 Billion | $151.39 Million | $5.58 Billion | ▲ +0.6 pp |
| 2014 | 95.1% | $3.20 Billion | $156.41 Million | $5.21 Billion | ▼ -0.9 pp |
| 2013 | 96.0% | $2.42 Billion | $97.03 Million | $4.06 Billion | ▼ -3.0 pp |
| 2012 | 99.0% | $1.87 Billion | $18.30 Million | $3.41 Billion | ▲ +0.1 pp |
| 2011 | 98.9% | $1.76 Billion | $19.07 Million | $3.27 Billion | ▲ +0.4 pp |
| 2010 | 98.5% | $1.51 Billion | $22.11 Million | $2.95 Billion | ▲ +0.6 pp |
| 2009 | 97.9% | $1.28 Billion | $26.55 Million | $2.45 Billion | ▲ +0.4 pp |
| 2008 | 97.5% | $1.24 Billion | $31.16 Million | $2.29 Billion | ▲ +0.2 pp |
| 2007 | 97.3% | $1.29 Billion | $34.69 Million | $2.57 Billion | ▲ +0.6 pp |
| 2006 | 96.7% | $1.17 Billion | $38.97 Million | $2.08 Billion | ▼ -1.6 pp |
| 2005 | 98.3% | $994.11 Million | $17.06 Million | $1.83 Billion | ▲ +0.6 pp |
| 2004 | 97.7% | $769.40 Million | $17.90 Million | $1.59 Billion | ▼ -2.3 pp |
| 2003 | 100.0% | $467.70 Million | $0.00 | $1.37 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | $450.62 Million | $0.00 | $1.31 Billion | — |