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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Westlake's retained earnings for the quarter that ended in Mar. 2026 was MXN152,629 Mil.
Westlake's quarterly retained earnings
declined
from Sep. 2025 (MXN170,840 Mil) to Dec. 2025 (MXN156,668 Mil) and
declined
from Dec. 2025 (MXN156,668 Mil) to Mar. 2026 (MXN152,629 Mil).
Westlake's annual retained earnings
increased
from Dec. 2023 (MXN172,170 Mil) to Dec. 2024 (MXN218,589 Mil) but then
declined
from Dec. 2024 (MXN218,589 Mil) to Dec. 2025 (MXN156,668 Mil).
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Westlake Retained Earnings Historical Data
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The historical data trend for Westlake's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of MXN152,629 Mil mean?
Westlake (MEX:WLK) has a Retained Earnings of MXN152,629 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Westlake and its competitors.
Is Westlake's Retained Earnings too high?
Westlake's current Retained Earnings is MXN152,629 Mil. Overall, Westlake has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Westlake's Retained Earnings compare to SOLS and ESI?
Westlake's Retained Earnings of MXN152,629 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Chemicals company?
A good Retained Earnings depends on the Chemicals industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Westlake and its competitors. Westlake's current Retained Earnings is MXN152,629 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westlake stock overvalued right now?
Based on GuruFocus' analysis, Westlake (MEX:WLK) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,091.82, compared to a current price of MXN1,396.00 — trading 33.3% below its estimated fair value. The current Retained Earnings is MXN152,629 Mil. Westlake's overall GF Score™ is 40/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Westlake (MEX:WLK), the current Retained Earnings is MXN152,629 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Westlake (MEX:WLK) Overvalued in 2026?
Based on GuruFocus' analysis, Westlake stock appears to be undervalued.
The current stock price of MXN1,396.00 is trading 33.3% below its estimated GF Value™ of MXN2,091.82.
GuruFocus considers Westlake to be Fairly Valued.
Key valuation signals for MEX:WLK:
Retained Earnings: MXN152,629 Mil
GF Value™: MXN2,091.82 vs. price of MXN1,396.00 (33.3% below fair value)
No single metric tells the full story. See the MEX:WLK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Westlake is a forward-integrated commodity chemicals firm based in Houston. It began as a single low-density polyethylene plant and expanded its capabilities to include ethylene, vinyl chloride monomers, and polyvinyl chloride over the next two decades. The acquisition of Axiall in 2016 made it a North American leader in chlor-alkali and PVC. Today, Westlake has two defined segments: performance and essential materials, and housing and infrastructure products. The HIP segment began operating in 2022 following a series of acquisitions in the building products space. The firm aims to maximize the value of its chemical production by integrating with the HIP segment, realizing the higher margins of finished commercial goods.
40GF Score
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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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