WLK vs. IEX
Compare and contrast key facts about Westlake Corporation (WLK) and IDEX Corporation (IEX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WLK or IEX.
Correlation
The correlation between WLK and IEX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WLK vs. IEX - Performance Comparison
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Key characteristics
WLK:
-1.33
IEX:
-0.49
WLK:
-2.17
IEX:
-0.56
WLK:
0.73
IEX:
0.93
WLK:
-0.92
IEX:
-0.41
WLK:
-1.90
IEX:
-1.00
WLK:
24.68%
IEX:
13.95%
WLK:
34.86%
IEX:
27.38%
WLK:
-75.16%
IEX:
-58.67%
WLK:
-48.58%
IEX:
-21.36%
Fundamentals
WLK:
$10.61B
IEX:
$14.32B
WLK:
$2.99
IEX:
$6.33
WLK:
27.68
IEX:
29.95
WLK:
1.59
IEX:
1.86
WLK:
0.88
IEX:
4.36
WLK:
1.78
IEX:
3.67
WLK:
$12.01B
IEX:
$3.28B
WLK:
$1.69B
IEX:
$1.46B
WLK:
$1.90B
IEX:
$796.70M
Returns By Period
In the year-to-date period, WLK achieves a -28.09% return, which is significantly lower than IEX's -8.52% return. Over the past 10 years, WLK has underperformed IEX with an annualized return of 2.91%, while IEX has yielded a comparatively higher 10.73% annualized return.
WLK
-28.09%
-9.16%
-34.65%
-46.25%
18.05%
2.91%
IEX
-8.52%
16.32%
-15.96%
-13.27%
6.34%
10.73%
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Risk-Adjusted Performance
WLK vs. IEX — Risk-Adjusted Performance Rank
WLK
IEX
WLK vs. IEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Westlake Corporation (WLK) and IDEX Corporation (IEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
WLK vs. IEX - Dividend Comparison
WLK's dividend yield for the trailing twelve months is around 2.53%, more than IEX's 1.08% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WLK Westlake Corporation | 2.53% | 1.79% | 1.22% | 1.28% | 1.17% | 1.31% | 1.46% | 1.39% | 0.75% | 1.33% | 1.28% | 0.95% |
IEX IDEX Corporation | 1.08% | 1.29% | 1.16% | 1.02% | 0.90% | 1.00% | 1.12% | 1.31% | 1.10% | 1.49% | 1.62% | 1.37% |
Drawdowns
WLK vs. IEX - Drawdown Comparison
The maximum WLK drawdown since its inception was -75.16%, which is greater than IEX's maximum drawdown of -58.67%. Use the drawdown chart below to compare losses from any high point for WLK and IEX. For additional features, visit the drawdowns tool.
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Volatility
WLK vs. IEX - Volatility Comparison
Westlake Corporation (WLK) has a higher volatility of 18.15% compared to IDEX Corporation (IEX) at 8.20%. This indicates that WLK's price experiences larger fluctuations and is considered to be riskier than IEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
WLK vs. IEX - Financials Comparison
This section allows you to compare key financial metrics between Westlake Corporation and IDEX Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
WLK vs. IEX - Profitability Comparison
WLK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Westlake Corporation reported a gross profit of 232.00M and revenue of 2.85B. Therefore, the gross margin over that period was 8.2%.
IEX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, IDEX Corporation reported a gross profit of 368.90M and revenue of 814.30M. Therefore, the gross margin over that period was 45.3%.
WLK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Westlake Corporation reported an operating income of -32.00M and revenue of 2.85B, resulting in an operating margin of -1.1%.
IEX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, IDEX Corporation reported an operating income of 142.00M and revenue of 814.30M, resulting in an operating margin of 17.4%.
WLK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Westlake Corporation reported a net income of -40.00M and revenue of 2.85B, resulting in a net margin of -1.4%.
IEX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, IDEX Corporation reported a net income of 95.50M and revenue of 814.30M, resulting in a net margin of 11.7%.