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WLKP vs OLN
Revenue, margins, valuation, and 5-year total return — side by side.
Chemicals - Specialty
WLKP vs OLN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Chemicals | Chemicals - Specialty |
| Market Cap | $827M | $3.28B |
| Revenue (TTM) | $1.23B | $6.78B |
| Net Income (TTM) | $195M | $-43M |
| Gross Margin | 31.4% | 7.4% |
| Operating Margin | 29.1% | 0.2% |
| Forward P/E | 12.5x | — |
| Total Debt | $400M | $3.39B |
| Cash & Equiv. | $44M | $168M |
WLKP vs OLN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Westlake Chemical P… (WLKP) | 100 | 114.4 | +14.4% |
| Olin Corporation (OLN) | 100 | 239.4 | +139.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: WLKP vs OLN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
WLKP carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 1 yrs, beta 0.26, yield 8.0%
- Rev growth 2.7%, EPS growth 378.5%, 3Y rev CAGR -9.9%
- 98.8% 10Y total return vs OLN's 67.4%
OLN is the clearest fit if your priority is growth and momentum.
- 3.7% revenue growth vs WLKP's 2.7%
- +44.6% vs WLKP's +10.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 3.7% revenue growth vs WLKP's 2.7% | |
| Value | Better valuation composite | |
| Quality / Margins | 15.8% margin vs OLN's -0.6% | |
| Stability / Safety | Beta 0.26 vs OLN's 1.47, lower leverage | |
| Dividends | 8.0% yield, 1-year raise streak, vs OLN's 2.8% | |
| Momentum (1Y) | +44.6% vs WLKP's +10.1% | |
| Efficiency (ROA) | 15.4% ROA vs OLN's -0.6%, ROIC 20.6% vs 1.7% |
WLKP vs OLN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
WLKP vs OLN — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
WLKP leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
OLN is the larger business by revenue, generating $6.8B annually — 5.5x WLKP's $1.2B. WLKP is the more profitable business, keeping 15.8% of every revenue dollar as net income compared to OLN's -0.6%. On growth, WLKP holds the edge at +28.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $1.2B | $6.8B |
| EBITDAEarnings before interest/tax | $466M | $538M |
| Net IncomeAfter-tax profit | $195M | -$43M |
| Free Cash FlowCash after capex | $276M | $248M |
| Gross MarginGross profit ÷ Revenue | +31.4% | +7.4% |
| Operating MarginEBIT ÷ Revenue | +29.1% | +0.2% |
| Net MarginNet income ÷ Revenue | +15.8% | -0.6% |
| FCF MarginFCF ÷ Revenue | +22.4% | +3.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +28.6% | -0.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +185.7% | -9.2% |
Valuation Metrics
WLKP leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, WLKP's 2.6x EV/EBITDA is more attractive than OLN's 10.2x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $827M | $3.3B |
| Enterprise ValueMkt cap + debt − cash | $1.2B | $6.5B |
| Trailing P/EPrice ÷ TTM EPS | 2.77x | -77.84x |
| Forward P/EPrice ÷ next-FY EPS est. | 12.47x | — |
| PEG RatioP/E ÷ EPS growth rate | 0.08x | — |
| EV / EBITDAEnterprise value multiple | 2.64x | 10.24x |
| Price / SalesMarket cap ÷ Revenue | 0.71x | 0.48x |
| Price / BookPrice ÷ Book value/share | 1.03x | 1.71x |
| Price / FCFMarket cap ÷ FCF | 4.10x | 13.23x |
Profitability & Efficiency
WLKP leads this category, winning 8 of 8 comparable metrics.
Profitability & Efficiency
WLKP delivers a 24.1% return on equity — every $100 of shareholder capital generates $24 in annual profit, vs $-2 for OLN. WLKP carries lower financial leverage with a 0.50x debt-to-equity ratio, signaling a more conservative balance sheet compared to OLN's 1.76x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +24.1% | -2.1% |
| ROA (TTM)Return on assets | +15.4% | -0.6% |
| ROICReturn on invested capital | +20.6% | +1.7% |
| ROCEReturn on capital employed | +26.2% | +1.9% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.50x | 1.76x |
| Net DebtTotal debt minus cash | $355M | $3.2B |
| Cash & Equiv.Liquid assets | $44M | $168M |
| Total DebtShort + long-term debt | $400M | $3.4B |
| Interest CoverageEBIT ÷ Interest expense | 10.26x | 0.62x |
Total Returns (Dividends Reinvested)
WLKP leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WLKP five years ago would be worth $12,128 today (with dividends reinvested), compared to $7,064 for OLN. Over the past 12 months, OLN leads with a +44.6% total return vs WLKP's +10.1%. The 3-year compound annual growth rate (CAGR) favors WLKP at 10.2% vs OLN's -17.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +26.2% | +34.6% |
| 1-Year ReturnPast 12 months | +10.1% | +44.6% |
| 3-Year ReturnCumulative with dividends | +33.9% | -43.0% |
| 5-Year ReturnCumulative with dividends | +21.3% | -29.4% |
| 10-Year ReturnCumulative with dividends | +98.8% | +67.4% |
| CAGR (3Y)Annualised 3-year return | +10.2% | -17.1% |
Risk & Volatility
WLKP leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
WLKP is the less volatile stock with a 0.26 beta — it tends to amplify market swings less than OLN's 1.47 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WLKP currently trades 99.4% from its 52-week high vs OLN's 94.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.26x | 1.47x |
| 52-Week HighHighest price in past year | $23.60 | $30.46 |
| 52-Week LowLowest price in past year | $17.75 | $18.08 |
| % of 52W HighCurrent price vs 52-week peak | +99.4% | +94.5% |
| RSI (14)Momentum oscillator 0–100 | 51.8 | 58.1 |
| Avg Volume (50D)Average daily shares traded | 32K | 2.7M |
Analyst Outlook
Evenly matched — WLKP and OLN each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates WLKP as "Hold" and OLN as "Hold". Consensus price targets imply 23.7% upside for WLKP (target: $29) vs -15.5% for OLN (target: $24). For income investors, WLKP offers the higher dividend yield at 8.04% vs OLN's 2.78%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold |
| Price TargetConsensus 12-month target | $29.00 | $24.33 |
| # AnalystsCovering analysts | 10 | 35 |
| Dividend YieldAnnual dividend ÷ price | +8.0% | +2.8% |
| Dividend StreakConsecutive years of raises | 1 | 3 |
| Dividend / ShareAnnual DPS | $1.89 | $0.80 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.5% |
WLKP leads in 5 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics. 1 category is tied.
WLKP vs OLN: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is WLKP or OLN a better buy right now?
For growth investors, Olin Corporation (OLN) is the stronger pick with 3.
7% revenue growth year-over-year, versus 2. 7% for Westlake Chemical Partners LP (WLKP). Westlake Chemical Partners LP (WLKP) offers the better valuation at 2. 8x trailing P/E (12. 5x forward), making it the more compelling value choice. Analysts rate Westlake Chemical Partners LP (WLKP) a "Hold" — based on 10 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — WLKP or OLN?
Over the past 5 years, Westlake Chemical Partners LP (WLKP) delivered a total return of +21.
3%, compared to -29. 4% for Olin Corporation (OLN). Over 10 years, the gap is even starker: WLKP returned +98. 8% versus OLN's +67. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — WLKP or OLN?
By beta (market sensitivity over 5 years), Westlake Chemical Partners LP (WLKP) is the lower-risk stock at 0.
26β versus Olin Corporation's 1. 47β — meaning OLN is approximately 464% more volatile than WLKP relative to the S&P 500. On balance sheet safety, Westlake Chemical Partners LP (WLKP) carries a lower debt/equity ratio of 50% versus 176% for Olin Corporation — giving it more financial flexibility in a downturn.
04Which is growing faster — WLKP or OLN?
By revenue growth (latest reported year), Olin Corporation (OLN) is pulling ahead at 3.
7% versus 2. 7% for Westlake Chemical Partners LP (WLKP). On earnings-per-share growth, the picture is similar: Westlake Chemical Partners LP grew EPS 378. 5% year-over-year, compared to -140. 7% for Olin Corporation. Over a 3-year CAGR, WLKP leads at -9. 9% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — WLKP or OLN?
Westlake Chemical Partners LP (WLKP) is the more profitable company, earning 25.
6% net margin versus -0. 6% for Olin Corporation — meaning it keeps 25. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: WLKP leads at 27. 4% versus 1. 7% for OLN. At the gross margin level — before operating expenses — WLKP leads at 29. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is WLKP or OLN more undervalued right now?
Analyst consensus price targets imply the most upside for WLKP: 23.
7% to $29. 00.
07Which pays a better dividend — WLKP or OLN?
All stocks in this comparison pay dividends.
Westlake Chemical Partners LP (WLKP) offers the highest yield at 8. 0%, versus 2. 8% for Olin Corporation (OLN).
08Is WLKP or OLN better for a retirement portfolio?
For long-horizon retirement investors, Westlake Chemical Partners LP (WLKP) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
26), 8. 0% yield). Both have compounded well over 10 years (WLKP: +98. 8%, OLN: +67. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between WLKP and OLN?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: WLKP is a small-cap deep-value stock; OLN is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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