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Side-by-side financial comparison of Ralph Lauren Corporation (RL) and WESTLAKE CORP (WLK). Click either name above to swap in a different company.

WESTLAKE CORP is the larger business by last-quarter revenue ($2.5B vs $2.4B, roughly 1.1× Ralph Lauren Corporation). Ralph Lauren Corporation runs the higher net margin — 15.0% vs -21.5%, a 36.5% gap on every dollar of revenue. On growth, Ralph Lauren Corporation posted the faster year-over-year revenue change (12.2% vs -10.9%). Ralph Lauren Corporation produced more free cash flow last quarter ($704.0M vs $-16.0M). Over the past eight quarters, Ralph Lauren Corporation's revenue compounded faster (23.9% CAGR vs -7.7%).

Ralph Lauren is an American fashion designer, philanthropist, and billionaire businessman, best known for founding the brand Ralph Lauren, a global multibillion-dollar enterprise. He stepped down as CEO of the company in September 2015 but remains executive chairman and chief creative officer. As of May 2025, his net worth is estimated at US$11.9 billion.

Westlake Corporation is an international manufacturer and supplier of petrochemicals, polymers and fabricated building products, which are fundamental to various consumer and industrial markets. The company was founded by Ting Tsung Chao in 1986. it is the largest producer of low-density polyethylene (LDPE) in the US and ranks among the Forbes Global 2000. Westlake Chemical operates in two segments: Olefins and Vinyls, and is also an integrated producer of vinyls, with substantial downstream ...

RL vs WLK — Head-to-Head

Bigger by revenue
WLK
WLK
1.1× larger
WLK
$2.5B
$2.4B
RL
Growing faster (revenue YoY)
RL
RL
+23.2% gap
RL
12.2%
-10.9%
WLK
Higher net margin
RL
RL
36.5% more per $
RL
15.0%
-21.5%
WLK
More free cash flow
RL
RL
$720.0M more FCF
RL
$704.0M
$-16.0M
WLK
Faster 2-yr revenue CAGR
RL
RL
Annualised
RL
23.9%
-7.7%
WLK

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
RL
RL
WLK
WLK
Revenue
$2.4B
$2.5B
Net Profit
$361.6M
$-544.0M
Gross Margin
69.9%
3.4%
Operating Margin
19.6%
-26.5%
Net Margin
15.0%
-21.5%
Revenue YoY
12.2%
-10.9%
Net Profit YoY
21.6%
-7871.4%
EPS (diluted)
$5.82
$-4.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
RL
RL
WLK
WLK
Q4 25
$2.4B
$2.5B
Q3 25
$2.0B
$2.8B
Q2 25
$1.7B
$3.0B
Q1 25
$1.7B
$2.8B
Q4 24
$2.1B
$2.8B
Q3 24
$1.7B
$3.1B
Q2 24
$1.5B
$3.2B
Q1 24
$1.6B
$3.0B
Net Profit
RL
RL
WLK
WLK
Q4 25
$361.6M
$-544.0M
Q3 25
$207.5M
$-782.0M
Q2 25
$220.4M
$-142.0M
Q1 25
$129.0M
$-40.0M
Q4 24
$297.4M
$7.0M
Q3 24
$147.9M
$108.0M
Q2 24
$168.6M
$313.0M
Q1 24
$90.7M
$174.0M
Gross Margin
RL
RL
WLK
WLK
Q4 25
69.9%
3.4%
Q3 25
68.0%
8.3%
Q2 25
72.3%
8.7%
Q1 25
68.7%
8.2%
Q4 24
68.4%
11.5%
Q3 24
67.0%
16.0%
Q2 24
70.5%
20.7%
Q1 24
66.6%
15.7%
Operating Margin
RL
RL
WLK
WLK
Q4 25
19.6%
-26.5%
Q3 25
12.2%
-27.0%
Q2 25
15.9%
-3.7%
Q1 25
9.1%
-1.1%
Q4 24
18.2%
2.3%
Q3 24
10.4%
5.8%
Q2 24
13.8%
12.7%
Q1 24
6.9%
7.5%
Net Margin
RL
RL
WLK
WLK
Q4 25
15.0%
-21.5%
Q3 25
10.3%
-27.6%
Q2 25
12.8%
-4.8%
Q1 25
7.6%
-1.4%
Q4 24
13.9%
0.2%
Q3 24
8.6%
3.5%
Q2 24
11.1%
9.8%
Q1 24
5.8%
5.8%
EPS (diluted)
RL
RL
WLK
WLK
Q4 25
$5.82
$-4.22
Q3 25
$3.32
$-6.06
Q2 25
$3.52
$-1.11
Q1 25
$2.03
$-0.31
Q4 24
$4.66
$0.07
Q3 24
$2.31
$0.83
Q2 24
$2.61
$2.40
Q1 24
$1.37
$1.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RL
RL
WLK
WLK
Cash + ST InvestmentsLiquidity on hand
$2.3B
$2.7B
Total DebtLower is stronger
$5.6B
Stockholders' EquityBook value
$2.9B
$8.8B
Total Assets
$7.8B
$20.0B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RL
RL
WLK
WLK
Q4 25
$2.3B
$2.7B
Q3 25
$1.6B
$1.9B
Q2 25
$2.3B
$2.1B
Q1 25
$2.1B
$2.3B
Q4 24
$2.1B
$2.9B
Q3 24
$1.7B
$2.9B
Q2 24
$1.8B
$3.0B
Q1 24
$1.8B
$3.1B
Total Debt
RL
RL
WLK
WLK
Q4 25
$5.6B
Q3 25
$4.7B
Q2 25
$4.7B
Q1 25
$4.6B
Q4 24
$4.6B
Q3 24
$4.6B
Q2 24
$4.9B
Q1 24
$4.9B
Stockholders' Equity
RL
RL
WLK
WLK
Q4 25
$2.9B
$8.8B
Q3 25
$2.6B
$9.4B
Q2 25
$2.5B
$10.3B
Q1 25
$2.6B
$10.4B
Q4 24
$2.5B
$10.5B
Q3 24
$2.4B
$10.7B
Q2 24
$2.4B
$10.6B
Q1 24
$2.5B
$10.3B
Total Assets
RL
RL
WLK
WLK
Q4 25
$7.8B
$20.0B
Q3 25
$7.3B
$19.8B
Q2 25
$7.8B
$20.8B
Q1 25
$7.0B
$20.7B
Q4 24
$7.1B
$20.8B
Q3 24
$6.8B
$21.1B
Q2 24
$6.6B
$21.1B
Q1 24
$6.6B
$21.0B
Debt / Equity
RL
RL
WLK
WLK
Q4 25
0.64×
Q3 25
0.49×
Q2 25
0.45×
Q1 25
0.44×
Q4 24
0.43×
Q3 24
0.43×
Q2 24
0.46×
Q1 24
0.47×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RL
RL
WLK
WLK
Operating Cash FlowLast quarter
$779.6M
$225.0M
Free Cash FlowOCF − Capex
$704.0M
$-16.0M
FCF MarginFCF / Revenue
29.3%
-0.6%
Capex IntensityCapex / Revenue
3.1%
9.5%
Cash ConversionOCF / Net Profit
2.16×
TTM Free Cash FlowTrailing 4 quarters
$694.5M
$-530.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RL
RL
WLK
WLK
Q4 25
$779.6M
$225.0M
Q3 25
$53.2M
$182.0M
Q2 25
$176.1M
$135.0M
Q1 25
$122.2M
$-77.0M
Q4 24
$738.4M
$434.0M
Q3 24
$97.2M
$474.0M
Q2 24
$277.3M
$237.0M
Q1 24
$169.0M
Free Cash Flow
RL
RL
WLK
WLK
Q4 25
$704.0M
$-16.0M
Q3 25
$-40.6M
$-57.0M
Q2 25
$-11.2M
$-132.0M
Q1 25
$42.3M
$-325.0M
Q4 24
$677.2M
$149.0M
Q3 24
$55.5M
$254.0M
Q2 24
$243.9M
$6.0M
Q1 24
$-103.0M
FCF Margin
RL
RL
WLK
WLK
Q4 25
29.3%
-0.6%
Q3 25
-2.0%
-2.0%
Q2 25
-0.7%
-4.5%
Q1 25
2.5%
-11.4%
Q4 24
31.6%
5.2%
Q3 24
3.2%
8.1%
Q2 24
16.1%
0.2%
Q1 24
-3.5%
Capex Intensity
RL
RL
WLK
WLK
Q4 25
3.1%
9.5%
Q3 25
4.7%
8.4%
Q2 25
10.9%
9.0%
Q1 25
4.7%
8.7%
Q4 24
2.9%
10.0%
Q3 24
2.4%
7.1%
Q2 24
2.2%
7.2%
Q1 24
9.1%
Cash Conversion
RL
RL
WLK
WLK
Q4 25
2.16×
Q3 25
0.26×
Q2 25
0.80×
Q1 25
0.95×
Q4 24
2.48×
62.00×
Q3 24
0.66×
4.39×
Q2 24
1.64×
0.76×
Q1 24
0.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RL
RL

Segment breakdown not available.

WLK
WLK

Performance Materials$930.0M37%
Housing Products$767.0M30%
Essential Materials$702.0M28%
Infrastructure Products$134.0M5%

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