Westlake Chemical Partners LP (WLKP) Earnings History
Annual and quarterly earnings data from 2012 to 2025
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WLKP EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
WLKP Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 29.8% | 27.4% | 25.6% |
| 2024 | 36.9% | 34.4% | 5.5% |
| 2023 | 32.5% | 30.0% | 4.6% |
| 2022 | 23.7% | 21.8% | 4.0% |
| 2021 | 36.4% | 33.8% | 6.8% |
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Westlake Chemical Partners LP (WLKP) Earnings Overview
As of May 8, 2026, Westlake Chemical Partners LP (WLKP) reported trailing twelve-month net income of $195M, reflecting +378.5% year-over-year growth. The company earned $5.51 per diluted share over the past four quarters, with a net profit margin of 25.6%.
Looking at the long-term picture, WLKP's 5-year EPS compound annual growth rate (CAGR) stands at +35.1%, indicating exceptional earnings growth. The company achieved its highest annual net income of $547M in fiscal 2013.
Westlake Chemical Partners LP maintains industry-leading profitability with a gross margin of 29.8%, operating margin of 27.4%, and net margin of 25.6%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including MPLX ($4.71B net income, 41.6% margin), HESM ($353M net income, 21.8% margin), CAPL ($60M net income, 1.1% margin), WLKP has room to improve margins relative to the peer group. Compare WLKP vs MPLX →
WLKP Earnings vs Peers
Earnings metrics vs comparable public companies
WLKP Historical Earnings Data (2012–2025)
14 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $299M | +378.5% | $320M | $8.47 | 25.6% | 27.4% |
| 2024 | $62M | +14.9% | $390M | $1.77 | 5.5% | 34.4% |
| 2023 | $54M | -15.4% | $358M | $1.54 | 4.6% | 30.0% |
| 2022 | $64M | -22.3% | $348M | $1.82 | 4.0% | 21.8% |
| 2021 | $83M | +24.8% | $411M | $2.34 | 6.8% | 33.8% |
| 2020 | $66M | +8.5% | $353M | $1.88 | 6.8% | 36.5% |
| 2019 | $61M | +23.6% | $350M | $1.77 | 5.6% | 32.1% |
| 2018 | $49M | +1.4% | $350M | $1.51 | 3.8% | 27.2% |
| 2017 | $49M | +18.9% | $374M | $1.72 | 4.1% | 31.9% |
| 2016 | $41M | +2.8% | $366M | $0.79 | 4.1% | 37.1% |
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Start ComparisonWLKP — Frequently Asked Questions
Quick answers to the most common questions about buying WLKP stock.
Is WLKP growing earnings?
WLKP EPS is $5.51, with earnings growth accelerating to +378.5%. This exceeds the 5-year CAGR of +35.1%. TTM net income reached $195M.
What are WLKP's profit margins?
Westlake Chemical Partners LP net margin is +25.6%, with operating margin at +27.4%. Above-average margins indicate pricing power.
How consistent are WLKP's earnings?
WLKP earnings data spans 2012-2025. The accelerating earnings trend is +378.5% YoY. Historical data enables comparison across business cycles.