Westlake Chemical Partners LP(WLKP)Earnings, Financials & Key Ratios

WLKP•NYSE

$23.45

$827M mkt cap·2.8× P/E·Price updated May 6, 2026

SectorBasic Materials IndustryChemicals Sub-IndustryPetrochemicals, plastics and oxygenates

AboutWestlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was incorporated in 2014 and is headquartered in Houston, Texas.Show more

Revenue$1.17B+2.7%
EBITDA$448M-10.9%
Net Income$299M+378.5%
EPS (Diluted)8.47+378.5%
Gross Margin29.81%-19.2%
EBITDA Margin38.36%-13.3%
Operating Margin27.39%-20.3%
Net Margin25.59%+365.9%
ROE36.6%+394.4%
ROIC20.59%-16.8%
Debt/Equity0.50+3.4%
Interest Coverage14.06-8.7%

Technical→

WLKP Key Insights

Westlake Chemical Partners LP (WLKP) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Strong 5Y profit CAGR of 35.2%
✓FCF machine: 17.3% free cash flow margin
✓Good 3Y average ROE of 16.7%
✓Trading near 52-week high
✓Trading at only 1.0x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

WLKP Price & Volume

Westlake Chemical Partners LP (WLKP) stock price & volume — 10-year historical chart

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WLKP Growth Metrics

Westlake Chemical Partners LP (WLKP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years1.48%

5 Years3.83%

3 Years-9.86%

TTM13.4%

Profit CAGR

10 Years22.32%

5 Years35.17%

3 Years66.94%

TTM271.62%

EPS CAGR

10 Years19.14%

5 Years35.13%

3 Years66.96%

TTM142.95%

Return on Capital

10 Years26.95%

5 Years28.38%

3 Years28.48%

Last Year26.22%

WLKP Recent Earnings

Westlake Chemical Partners LP (WLKP) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 3/12 qtrs (25%)●Beat Revenue 6/12 qtrs (50%)

Q2 2026Latest

May 5, 2026

EPS

$0.40

Est $0.43

-7.0%

Revenue

$306M

Est $522M

-41.4%

Q1 2026

Feb 24, 2026

EPS

$0.41

Est $0.38

+8.2%

Revenue

$323M

Est $313M

+3.2%

Q4 2025

Oct 30, 2025

EPS

$0.42

Est $0.43

-2.3%

Revenue

$309M

Est $303M

+1.9%

Q3 2025

Aug 5, 2025

EPS

$0.41

Est $0.44

-7.7%

Revenue

$297M

Est $301M

-1.3%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	May 5, 2026	$0.40vs $0.43-7.0%	$306Mvs $522M-41.4%
Q1 2026	Feb 24, 2026	$0.41vs $0.38+8.2%	$323Mvs $313M+3.2%
Q4 2025	Oct 30, 2025	$0.42vs $0.43-2.3%	$309Mvs $303M+1.9%
Q3 2025	Aug 5, 2025	$0.41vs $0.44-7.7%	$297Mvs $301M-1.3%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
MPLXMPLX LpDirect Competitor	56.51B	55.66	11.55	8.37%	37.54%	32.81%	1.80
HESMHess Midstream LPDirect Competitor	7.96B	38.22	13.36	8.67%	21.79%	74.89%	8.61
CAPLCrossAmerica Partners LPDirect Competitor	790.16M	20.72	19.01	-10.63%	1.29%
WLKWestlake CorporationProduct Competitor	12.77B	99.73	-8.50	-8.01%	-14.91%	-16.76%	0.69
OLNOlin CorporationProduct Competitor	3.28B	28.80	-77.84	3.68%	-0.63%	-2.14%	1.76
CECelanese CorporationProduct Competitor	6.95B	62.12	-5.84	-7.16%	-10.79%	-21.51%	2.89
TROXTronox Holdings plcProduct Competitor	1.62B	10.13	-3.41	-5.73%	-16.22%	-29.25%	2.48
ETHGrayscale Ethereum Mini TrustSupply Chain	567.45M	22.30	11.09	-4.89%		9.96%	0.26

Compare WLKP vs Peers

Westlake Chemical Partners LP (WLKP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MPLX

Most directly comparable listed peer for WLKP.

Scale Benchmark

vs EPD

Larger-name benchmark to compare WLKP against a more recognizable public peer.

Peer Set

Compare Top 5

vs MPLX, HESM, CAPL, WLK

WLKP Income Statement

Westlake Chemical Partners LP (WLKP) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Sales/Revenue	1.17B	1.29B	1.09B	966.67M	1.21B	1.59B	1.19B	1.14B	1.17B	1.23B
Revenue Growth %	18.87%	9.6%	-15.07%	-11.47%	25.67%	31.14%	-25.26%	-4.61%	2.71%	13.4%
Cost of Goods Sold	769.31M	908.46M	712.44M	587.79M	773.15M	1.22B	803.33M	716.96M	818.85M	847.22M
COGS % of Revenue	65.59%	70.66%	65.25%	60.81%	63.64%	76.31%	67.46%	63.12%	70.19%	-
Gross Profit	403.67M▲ 0%	377.16M▼ 6.6%	379.43M▲ 0.6%	378.88M▼ 0.1%	441.71M▲ 16.6%	377.37M▼ 14.6%	387.46M▲ 2.7%	418.94M▲ 8.1%	347.85M▼ 17.0%	387.53M▲ 0%
Gross Margin %	34.41%	29.34%	34.75%	39.19%	36.36%	23.69%	32.54%	36.88%	29.81%	31.39%
Gross Profit Growth %	3.15%	-6.57%	0.6%	-0.14%	16.58%	-14.57%	2.67%	8.12%	-16.97%	-
Operating Expenses	29.26M	27.59M	29.28M	25.89M	31.02M	29.68M	29.75M	28.5M	28.27M	27.99M
OpEx % of Revenue	2.49%	2.15%	2.68%	2.68%	2.55%	1.86%	2.5%	2.51%	2.42%	-
Selling, General & Admin	29.26M	27.59M	29.28M	25.89M	31.02M	29.68M	29.75M	28.5M	28.27M	27.99M
SG&A % of Revenue	2.49%	2.15%	2.68%	2.68%	2.55%	1.86%	2.5%	2.51%	2.42%	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income	374.41M▲ 0%	349.57M▼ 6.6%	350.15M▲ 0.2%	352.99M▲ 0.8%	410.69M▲ 16.3%	347.69M▼ 15.3%	357.71M▲ 2.9%	390.44M▲ 9.2%	319.58M▼ 18.2%	359.54M▲ 0%
Operating Margin %	31.92%	27.19%	32.07%	36.52%	33.81%	21.82%	30.04%	34.37%	27.39%	29.12%
Operating Income Growth %	2.17%	-6.63%	0.17%	0.81%	16.35%	-15.34%	2.88%	9.15%	-18.15%	-
EBITDA	488.39M	458.41M	457.47M	456.14M	519.5M	468.76M	467.91M	502.34M	447.56M	465.71M
EBITDA Margin %	41.64%	35.66%	41.9%	47.19%	42.76%	29.42%	39.29%	44.22%	38.36%	37.72%
EBITDA Growth %	5.11%	-6.14%	-0.21%	-0.29%	13.89%	-9.77%	-0.18%	7.36%	-10.91%	6.92%
D&A (Non-Cash Add-back)	113.98M	108.84M	107.32M	103.15M	108.81M	121.07M	110.2M	111.9M	127.98M	106.17M
EBIT	376.2M	352.03M	353.25M	353.72M	410.75M	349.25M	361.94M	395.69M	322.02M	360.64M
Net Interest Income	-21.86M	-21.43M	-19.62M	-12.04M	-8.82M	-13.41M	-26.5M	-25.7M	-22.9M	-40.25M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	21.86M	21.43M	19.62M	12.04M	8.82M	13.41M	26.5M	25.7M	22.9M	35.16M
Other Income/Expense	-20.07M	-18.98M	-16.53M	-11.3M	-8.75M	-11.84M	-22.27M	-20.45M	-20.45M	-21M
Pretax Income	354.34M▲ 0%	330.59M▼ 6.7%	333.62M▲ 0.9%	341.68M▲ 2.4%	401.93M▲ 17.6%	335.85M▼ 16.4%	335.44M▼ 0.1%	369.99M▲ 10.3%	299.12M▼ 19.2%	338.54M▲ 0%
Pretax Margin %	30.21%	25.71%	30.56%	35.35%	33.08%	21.08%	28.17%	32.57%	25.64%	27.42%
Income Tax	1.28M	22K	728K	564K	549K	1.02M	813K	835K	547K	617K
Effective Tax Rate %	0.36%	0.01%	0.22%	0.17%	0.14%	0.3%	0.24%	0.23%	0.18%	0.18%
Net Income	48.67M▲ 0%	49.35M▲ 1.4%	60.98M▲ 23.6%	66.17M▲ 8.5%	82.55M▲ 24.8%	64.17M▼ 22.3%	54.28M▼ 15.4%	62.39M▲ 14.9%	298.58M▲ 378.5%	195.12M▲ 0%
Net Margin %	4.15%	3.84%	5.58%	6.84%	6.79%	4.03%	4.56%	5.49%	25.59%	15.8%
Net Income Growth %	18.88%	1.39%	23.58%	8.5%	24.76%	-22.26%	-15.41%	14.94%	378.55%	271.62%
Net Income (Continuing)	353.06M	330.57M	332.89M	341.12M	401.38M	334.83M	334.63M	369.16M	298.58M	337.92M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	778.93M	718.27M	432.05M	395.17M	436.15M	369.21M	333.74M	310.61M	301.24M	293.72M
EPS (Diluted)	1.72▲ 0%	1.51▼ 12.2%	1.77▲ 17.2%	1.88▲ 6.2%	2.34▲ 24.5%	1.82▼ 22.2%	1.54▼ 15.4%	1.77▲ 14.9%	8.47▲ 378.5%	5.51▲ 0%
EPS Growth %	117.72%	-12.21%	17.22%	6.21%	24.47%	-22.22%	-15.38%	14.94%	378.53%	142.95%
EPS (Basic)	1.72	1.53	1.77	1.88	2.34	1.82	1.54	1.77	8.47	-
Diluted Shares Outstanding	28.39M	32.68M	34.49M	35.2M	35.21M	35.22M	35.22M	35.23M	35.23M	35.42M
Basic Shares Outstanding	28.39M	32.24M	34.49M	35.2M	35.21M	35.22M	35.25M	35.23M	35.23M	35.42M
Dividend Payout Ratio	86.54%	108.14%	101.81%	100.3%	80.41%	103.49%	122.36%	106.48%	22.26%	-

WLKP Balance Sheet

Westlake Chemical Partners LP (WLKP) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Total Current Assets	231.39M	247.14M	238.41M	263.31M	281.21M	245.79M	226.2M	240.93M	143.51M	148.9M
Cash & Short-Term Investments	27.01M	19.74M	19.92M	17.15M	17.06M	64.78M	58.62M	58.32M	44.27M	44.29M
Cash Only	27.01M	19.74M	19.92M	17.15M	17.06M	64.78M	58.62M	58.32M	44.27M	44.29M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	198.48M	222.64M	214.94M	242.28M	254.86M	109.5M	162.71M	178.11M	63.57M	45.08M
Days Sales Outstanding	61.76	63.21	71.85	91.48	76.57	25.09	49.87	57.23	19.89	23.24
Inventory	5.59M	4.39M	2.48M	3.47M	8.9M	4.71M	4.43M	4.06M	2.77M	3.09M
Days Inventory Outstanding	2.65	1.76	1.27	2.16	4.2	1.42	2.01	2.07	1.23	1.31
Other Current Assets	0	0	1.07M	392K	396K	66.49M	442K	444K	32.9M	56.44M
Total Non-Current Assets	1.28B	1.21B	1.16B	1.09B	1.2B	1.13B	1.09B	1.05B	1.11B	1.09B
Property, Plant & Equipment	1.2B	1.15B	1.1B	1.05B	1.04B	990.21M	943.84M	903.59M	886.01M	871.61M
Fixed Asset Turnover	0.98x	1.12x	0.99x	0.92x	1.16x	1.61x	1.26x	1.26x	1.32x	1.39x
Goodwill	5.81M	5.81M	5.81M	5.81M	5.81M	5.81M	5.81M	5.81M	0	5.81M
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	-8.03M	-7.48M	0	0	0	0	0	0	0	0
Other Non-Current Assets	87.64M	66.72M	46.24M	36.69M	150.13M	130.16M	140.98M	137.63M	227.01M	911.31M
Total Assets	1.52B▲ 0%	1.46B▼ 3.5%	1.39B▼ 4.7%	1.36B▼ 2.7%	1.48B▲ 9.2%	1.37B▼ 7.3%	1.32B▼ 4.0%	1.29B▼ 2.2%	1.26B▼ 2.4%	1.24B▲ 0%
Asset Turnover	0.77x	0.88x	0.78x	0.71x	0.82x	1.16x	0.90x	0.88x	0.93x	0.97x
Asset Growth %	-2.57%	-3.51%	-4.7%	-2.65%	9.16%	-7.34%	-4.02%	-2.19%	-2.44%	-12.65%
Total Current Liabilities	40.24M	48.77M	38.85M	39.75M	106.8M	66.94M	56.34M	55.37M	51.3M	40.79M
Accounts Payable	24.54M	32.52M	21.34M	20.99M	45.9M	49.4M	31.36M	20.74M	51.3M	40.79M
Days Payables Outstanding	11.64	13.07	10.93	13.03	21.67	14.83	14.25	10.56	22.87	16.35
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	0	0	14.9M	12.56M	60.9M	2.65M	5.47M	17.71M	0	0
Current Ratio	5.75x	5.07x	6.14x	6.62x	2.63x	3.67x	4.02x	4.35x	2.80x	2.80x
Quick Ratio	5.61x	4.98x	6.07x	6.54x	2.55x	3.60x	3.94x	4.28x	2.74x	2.74x
Cash Conversion Cycle	52.77	51.91	62.19	80.61	59.1	11.67	37.64	48.74	-1.74	8.2
Total Non-Current Liabilities	476.29M	479.27M	402.47M	401.6M	401.2M	401.33M	404.26M	403.27M	402.88M	402.52M
Long-Term Debt	473.96M	477.61M	399.67M	399.67M	399.67M	399.67M	399.67M	399.67M	399.67M	399.67M
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	2.22M	1.66M	1.65M	1.54M	1.53M	0	1.63M	1.55M	0	4.62M
Other Non-Current Liabilities	107K	0	1.15M	381K	0	1.66M	2.95M	2.05M	3.21M	7.05M
Total Liabilities	516.53M	528.04M	441.32M	441.35M	508M	468.27M	460.59M	458.64M	454.18M	443.31M
Total Debt	473.96M	477.61M	399.67M	399.67M	399.67M	399.67M	399.67M	399.67M	399.67M	399.67M
Net Debt	446.95M	457.86M	379.75M	382.52M	382.62M	334.89M	341.06M	341.36M	355.4M	355.38M
Debt / Equity	0.27x	0.29x	0.42x	0.44x	0.41x	0.44x	0.47x	0.48x	0.50x	0.50x
Debt / EBITDA	0.97x	1.04x	0.87x	0.88x	0.77x	0.85x	0.85x	0.80x	0.89x	0.86x
Net Debt / EBITDA	0.92x	1.00x	0.83x	0.84x	0.74x	0.71x	0.73x	0.68x	0.79x	0.79x
Interest Coverage	17.21x	16.42x	18.00x	29.38x	46.59x	26.05x	13.66x	15.40x	14.06x	10.26x
Total Equity	1.78B▲ 0%	1.65B▼ 7.1%	952.13M▼ 42.4%	915.14M▼ 3.9%	972.7M▲ 6.3%	903.71M▼ 7.1%	856.25M▼ 5.3%	829.31M▼ 3.1%	802.35M▼ 3.3%	792.39M▲ 0%
Equity Growth %	2.2%	-7.05%	-42.38%	-3.89%	6.29%	-7.09%	-5.25%	-3.15%	-3.25%	-7.95%
Book Value per Share	62.61	50.56	27.61	26.00	27.63	25.66	24.31	23.54	22.77	22.37
Total Shareholders' Equity	998.75M	934.08M	520.09M	519.97M	536.55M	534.5M	522.51M	518.7M	501.11M	498.66M
Common Stock	461.49M	458.38M	520.09M	519.97M	536.55M	534.5M	522.51M	518.7M	501.11M	498.66M
Retained Earnings	0	0	0	0	0	0	0	0	0	0
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	279K	0	0	0	0	0	0	0	0	0
Minority Interest	778.93M	718.27M	432.05M	395.17M	436.15M	369.21M	333.74M	310.61M	301.24M	293.72M

WLKP Cash Flow Statement

Westlake Chemical Partners LP (WLKP) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Cash from Operations	537.36M	436.15M	450.81M	373.4M	408.44M	463.74M	452M	485M	280.47M	280.47M
Operating CF Margin %	45.81%	33.93%	41.29%	38.63%	33.62%	29.11%	37.96%	42.7%	24.04%	-
Operating CF Growth %	86.76%	-18.83%	3.36%	-17.17%	9.38%	13.54%	-2.53%	7.3%	-42.17%	22.5%
Net Income	353.06M	330.57M	332.89M	341.12M	401.38M	334.83M	54.28M	369.16M	298.58M	195.12M
Depreciation & Amortization	113.98M	108.84M	107.32M	103.15M	108.81M	121.07M	110.2M	111.9M	127.98M	135.21M
Stock-Based Compensation	289K	363K	387K	375K	436K	282K	349K	0	0	0
Deferred Taxes	0	0	-387K	-375K	-436K	-471.2M	0	0	0	0
Other Non-Cash Items	456.06M	502.66M	56K	731K	3.92M	470.92M	284.9M	2.16M	2.74M	2.63M
Working Capital Changes	70.31M	-3.26M	10.54M	-71.61M	-105.68M	7.83M	2.26M	1.78M	-148.83M	-130.88M
Change in Receivables	78.51M	1.03M	9.29M	-72.93M	-26.29M	-14.44M	28.66M	32.96M	-29.55M	-37.6M
Change in Inventory	-1.66M	1.2M	1.13M	-990K	-5.42M	4.18M	283K	374K	1.29M	-360K
Change in Payables	1.44M	-4.48M	421K	4.25M	19.78M	-17M	1.57M	-2.69M	-2.35M	-39.59M
Cash from Investing	-203.23M	-51.81M	-57.71M	2.03M	-64.3M	-12M	-75.94M	-88.97M	31.18M	-1.42M
Capital Expenditures	-68.86M	-39.86M	-43.71M	-36.97M	-81.17M	-54.12M	-46.82M	-48.97M	-78.82M	-68.42M
CapEx % of Revenue	5.87%	3.1%	4%	3.82%	6.68%	3.4%	3.93%	4.31%	6.76%	-
Acquisitions	0	384M	529.45M	349M	0	319.88M	0	0	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-134.37M	-384M	-529.45M	-349M	-130K	-319.88M	0	0	0	-13M
Cash from Financing	-396.02M	-391.6M	-392.92M	-378.2M	-344.24M	-404.01M	-382.23M	-396.33M	-325.7M	-348.8M
Debt Issued (Net)	-120.67M	3.65M	-77.93M	0	0	0	0	0	0	0
Equity Issued (Net)	110.7M	0	62.66M	0	0	0	0	0	0	0
Dividends Paid	-42.12M	-53.36M	-62.08M	-66.36M	-66.38M	-66.41M	-66.42M	-66.44M	-66.45M	-66.46M
Share Repurchases	0	0	0	0	0	0	0	0	0	0
Other Financing	-343.93M	-341.89M	-315.56M	-311.83M	-277.86M	-337.6M	-315.81M	-329.9M	-259.25M	-282.35M
Net Change in Cash	-61.89M▲ 0%	-7.26M▲ 88.3%	179K▲ 102.5%	-2.77M▼ 1646.9%	-97K▲ 96.5%	47.73M▲ 49301.0%	-6.16M▼ 112.9%	-303K▲ 95.1%	-14.05M▼ 4536.0%	-5.33M▲ 0%
Free Cash Flow	468.5M▲ 0%	396.29M▼ 15.4%	407.1M▲ 2.7%	336.43M▼ 17.4%	327.27M▼ 2.7%	409.62M▲ 25.2%	405.18M▼ 1.1%	436.03M▲ 7.6%	201.65M▼ 53.8%	276.47M▲ 0%
FCF Margin %	39.94%	30.82%	37.28%	34.8%	26.94%	25.71%	34.03%	38.39%	17.28%	22.39%
FCF Growth %	4033%	-15.41%	2.73%	-17.36%	-2.72%	25.16%	-1.08%	7.61%	-53.75%	-25.49%
FCF per Share	16.50	12.13	11.80	9.56	9.30	11.63	11.50	12.38	5.72	5.72
FCF Conversion (FCF/Net Income)	11.04x	8.84x	7.39x	5.64x	4.95x	7.23x	8.33x	7.77x	0.94x	1.42x
Interest Paid	0	0	0	0	0	0	0	26.53M	0	0
Taxes Paid	0	0	0	0	0	0	0	831K	0	0

WLKP Key Ratios

Westlake Chemical Partners LP (WLKP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	2.77%	2.88%	4.68%	7.09%	8.75%	6.84%	6.17%	7.4%	36.6%	24.1%
Return on Invested Capital (ROIC)	12.56%	12.1%	15.26%	20.14%	23.22%	20.11%	22.03%	24.73%	20.59%	20.59%
Gross Margin	34.41%	29.34%	34.75%	39.19%	36.36%	23.69%	32.54%	36.88%	29.81%	31.39%
Net Margin	4.15%	3.84%	5.58%	6.84%	6.79%	4.03%	4.56%	5.49%	25.59%	15.8%
Debt / Equity	0.27x	0.29x	0.42x	0.44x	0.41x	0.44x	0.47x	0.48x	0.50x	0.50x
Interest Coverage	17.21x	16.42x	18.00x	29.38x	46.59x	26.05x	13.66x	15.40x	14.06x	10.26x
FCF Conversion	11.04x	8.84x	7.39x	5.64x	4.95x	7.23x	8.33x	7.77x	0.94x	1.42x
Revenue Growth	18.87%	9.6%	-15.07%	-11.47%	25.67%	31.14%	-25.26%	-4.61%	2.71%	13.4%

WLKP SEC Filings & Documents

Westlake Chemical Partners LP (WLKP) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 5, 2026·SEC

Material company update

Apr 20, 2026·SEC

Material company update

Feb 24, 2026·SEC

10-K Annual Reports

FY 2026

Mar 4, 2026·SEC

FY 2025

Mar 5, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

FY 2026

May 6, 2026·SEC

FY 2025

Oct 31, 2025·SEC

FY 2025

Aug 6, 2025·SEC

WLKP Frequently Asked Questions

Westlake Chemical Partners LP (WLKP) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Westlake Chemical Partners LP (WLKP) reported $1.23B in revenue for fiscal year 2025. This represents a 45% decrease from $2.25B in 2012.

Westlake Chemical Partners LP (WLKP) grew revenue by 2.7% over the past year. Growth has been modest.

Yes, Westlake Chemical Partners LP (WLKP) is profitable, generating $195.1M in net income for fiscal year 2025 (25.6% net margin).

Dividend & Returns

Yes, Westlake Chemical Partners LP (WLKP) pays a dividend with a yield of 8.04%. This makes it attractive for income-focused investors.

Westlake Chemical Partners LP (WLKP) has a return on equity (ROE) of 36.6%. This is excellent, indicating efficient use of shareholder capital.

Westlake Chemical Partners LP (WLKP) generated $276.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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