Westlake Chemical Partners LP (WLKP) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 110.2M | 120.38M | 105.24M | 9.07M | 45.78M | 132.47M | 126.07M | 121.9M | 104.56M | 107.67M | 100.92M | 98.54M | 144.86M | 122.57M | 115.5M | 120.86M | 104.81M | 21.86M | 99.46M | 131.71M |
| Operating CF Margin % | 36.05% | 37.26% | 34.07% | 3.05% | 19.27% | 45.67% | 45.51% | 42.9% | 36.73% | 36.22% | 31.38% | 37.3% | 47.08% | 33.41% | 27.82% | 26.93% | 28.92% | 6.62% | 33.83% | 40.87% |
| Operating CF Growth % | 140.71% | -9.13% | -16.52% | -92.56% | -56.22% | 23.03% | 24.92% | 23.7% | -27.82% | -12.16% | -12.62% | -18.46% | 38.21% | 460.67% | 16.12% | -8.24% | -32.56% | -32.78% | -15.11% | 16.81% |
| Net Income | 81.66M | 84.26M | 86.21M | 85.8M | 42.31M | 87.39M | 18.14M | 14.43M | 14.83M | 14.3M | 80.85M | 75.26M | 91.45M | 91.26M | 78.31M | 84.44M | 80.83M | 138.39M | 66.08M | 120.29M |
| Depreciation & Amortization | 34.3M | 34.55M | 33.87M | 32.48M | 27.07M | 27.48M | 28.11M | 28.32M | 27.99M | 28.3M | 9.49M | 27.04M | 26.64M | 29.39M | 29.39M | 31.01M | 31.28M | 25.98M | 26.59M | 28.7M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 349K | 0 | 0 | 0 | 282K | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -349K | 0 | 0 | 0 | 0 | 105K | -175K | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 131K | 372K | 1.85M | 284K | 240K | -64K | 86.32M | 74.94M | 75.34M | 73.31M | 22.36M | -217K | 942K | -4.01M | 1.88M | 3.01M | 3.96M | 1.29M | 479K | 688K |
| Working Capital Changes | -5.89M | 1.2M | -16.7M | -109.49M | -23.84M | 17.67M | -6.5M | 4.21M | -13.6M | -8.24M | -11.78M | -3.54M | 25.83M | 5.65M | 5.81M | 2.57M | -11.26M | -143.81M | 6.32M | -17.97M |
| Change in Receivables | -10.76M | 13.66M | -2.5M | -38.01M | -2.72M | 29.88M | 2.96M | 5.14M | -5.03M | 3.54M | 1.37M | 3.09M | 20.66M | 14.35M | 1.64M | 8.63M | 35.15M | -80.48M | 15.6M | -13.64M |
| Change in Inventory | -324K | 309K | 183K | -528K | 1.32M | -307K | 736K | 373K | -428K | -38K | -1.13M | 2.21M | -751K | 644K | 2.09M | 439K | 1.01M | -2.31M | -1.66M | -1.76M |
| Change in Payables | -290K | -1.84M | -11.81M | -25.64M | 36.94M | -2.32M | -2M | 2.79M | -1.17M | -3.2M | -10.6M | 12.58M | 2.79M | -2.73M | -1.78M | -851K | -11.63M | 17.09M | 2.04M | 1.28M |
| Cash from Investing | -18.56M | -18.83M | 348K | 35.62M | 14.04M | -38.47M | -30.55M | -10.18M | -9.77M | -22.84M | -6.81M | -46.51M | 228K | 62.46M | -19.12M | -29.99M | -25.34M | 47.06M | 14.8M | -49.54M |
| Capital Expenditures | -5.56M | -8.83M | -29.65M | -24.38M | -15.96M | -13.47M | -15.55M | -10.18M | -9.77M | -12.84M | -16.81M | -4.51M | -12.66M | -8.66M | -13.12M | -11.99M | -20.34M | -42.68M | -11.2M | -14.54M |
| CapEx % of Revenue | 1.82% | 2.73% | 9.6% | 8.21% | 6.71% | 4.65% | 5.61% | 3.58% | 3.43% | 4.32% | 5.23% | 1.71% | 4.11% | 2.36% | 3.16% | 2.67% | 5.61% | 12.92% | 3.81% | 4.51% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42M | 90.12M | 0 | 6M | 18M | 55M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -13M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -42M | -90.12M | 0 | -6M | -18M | -55M | -256K | 0 | 0 |
| Cash from Financing | -91.62M | -95.22M | -104.23M | -57.74M | -68.52M | -95.89M | -101.32M | -101.48M | -97.65M | -92.08M | -87.68M | -97.18M | -105.28M | -139.72M | -95.27M | -91.73M | -77.29M | -70.52M | -113.28M | -81.79M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -16.61M | -16.61M | -16.61M | -16.61M | -16.61M | -16.61M | -16.61M | -16.61M | -16.61M | -16.61M | -16.61M | -16.6M | -16.6M | -16.6M | -16.6M | -16.6M | -16.6M | -16.6M | -16.59M | -16.59M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -75.01M | -78.6M | -87.61M | -41.13M | -51.91M | -79.28M | -84.71M | -84.87M | -81.04M | -75.47M | -71.07M | -80.58M | -88.68M | -123.11M | -78.67M | -75.13M | -60.69M | -53.91M | -96.68M | -65.2M |
| Net Change in Cash | 21K | 6.33M | 1.36M | -13.04M | -8.69M | -1.89M | -5.79M | 10.24M | -2.86M | -7.25M | 6.43M | -45.15M | 39.81M | 45.31M | 1.1M | -865K | 2.18M | -1.59M | 982K | 376K |
| Free Cash Flow | 104.64M | 111.55M | 75.59M | -15.31M | 29.82M | 119M | 110.53M | 111.72M | 94.79M | 94.83M | 84.11M | 94.03M | 132.2M | 113.91M | 102.37M | 108.86M | 84.47M | -20.82M | 88.26M | 117.17M |
| FCF Margin % | 34.23% | 34.53% | 24.47% | -5.15% | 12.55% | 41.02% | 39.9% | 39.31% | 33.3% | 31.9% | 26.15% | 35.59% | 42.97% | 31.05% | 24.66% | 24.26% | 23.31% | -6.3% | 30.02% | 36.36% |
| FCF Growth % | 250.85% | -6.26% | -31.61% | -113.7% | -68.54% | 25.48% | 31.4% | 18.81% | -28.3% | -16.75% | -17.83% | -13.63% | 56.51% | 647.16% | 15.99% | -7.09% | -40.79% | -184.21% | -18.72% | 12.5% |
| FCF per Share | 2.95 | 3.17 | 2.15 | -0.43 | 0.85 | 3.38 | 3.14 | 3.17 | 2.69 | 2.69 | 2.39 | 2.67 | 3.75 | 3.26 | 2.91 | 3.09 | 2.40 | -0.59 | 2.51 | 3.33 |
| FCF Conversion (FCF/Net Income) | 1.35x | 1.43x | 7.18x | 0.62x | 9.25x | 8.83x | 6.95x | 8.45x | 7.05x | 7.53x | 7.64x | 8.29x | 9.73x | 7.30x | 7.83x | 7.35x | 6.47x | 0.74x | 7.78x | 5.25x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |