Westlake Chemical Partners LP (WLKP) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 305.68M | 323.05M | 308.9M | 297.12M | 237.63M | 290.06M | 277M | 284.17M | 284.67M | 297.27M | 321.66M | 264.18M | 307.68M | 366.84M | 415.12M | 448.79M | 362.4M | 330.46M | 293.97M | 322.23M |
| Revenue Growth % | 28.64% | 11.37% | 11.52% | 4.56% | -16.53% | -2.43% | -13.89% | 7.57% | -7.48% | -18.96% | -22.51% | -41.14% | -15.1% | 11.01% | 41.21% | 39.28% | 35.12% | 34.52% | 26.73% | 35.11% |
| Cost of Goods Sold | 211.92M | 226.24M | 209.47M | 199.59M | 183.55M | 191.48M | 160.05M | 182.94M | 182.49M | 196.59M | 228.68M | 176.46M | 201.6M | 268.71M | 324.63M | 351.48M | 270.96M | 183.41M | 218.04M | 191.2M |
| COGS % of Revenue | 69.33% | 70.03% | 67.81% | 67.17% | 77.24% | 66.01% | 57.78% | 64.38% | 64.11% | 66.13% | 71.09% | 66.79% | 65.52% | 73.25% | 78.2% | 78.32% | 74.77% | 55.5% | 74.17% | 59.34% |
| Gross Profit | 93.76M | 96.81M | 99.42M | 97.53M | 54.08M | 98.58M | 116.94M | 101.23M | 102.18M | 100.68M | 92.98M | 87.72M | 106.07M | 98.13M | 90.49M | 97.3M | 91.44M | 147.05M | 75.93M | 131.03M |
| Gross Margin % | 30.67% | 29.97% | 32.19% | 32.83% | 22.76% | 33.99% | 42.22% | 35.62% | 35.89% | 33.87% | 28.91% | 33.21% | 34.48% | 26.75% | 21.8% | 21.68% | 25.23% | 44.5% | 25.83% | 40.66% |
| Gross Profit Growth % | 73.37% | -1.8% | -14.98% | -3.65% | -47.07% | -2.08% | 25.77% | 15.4% | -3.67% | 2.6% | 2.75% | -9.85% | 16% | -33.27% | 19.18% | -25.74% | 4.26% | 73.18% | -24.37% | 45.54% |
| Operating Expenses | 7.19M | 7.05M | 7.44M | 6.3M | 7.47M | 6.56M | 7.25M | 7.61M | 7.08M | 7.87M | 6.74M | 7.23M | 7.91M | 2.85M | 8.68M | 9.92M | 8.23M | 6.28M | 7.79M | 8.27M |
| OpEx % of Revenue | 2.35% | 2.18% | 2.41% | 2.12% | 3.15% | 2.26% | 2.62% | 2.68% | 2.49% | 2.65% | 2.1% | 2.74% | 2.57% | 0.78% | 2.09% | 2.21% | 2.27% | 1.9% | 2.65% | 2.57% |
| Selling, General & Admin | 7.19M | 7.05M | 7.44M | 6.3M | 7.47M | 6.56M | 7.25M | 7.61M | 7.08M | 7.87M | 6.74M | 7.23M | 7.91M | 2.85M | 8.68M | 9.92M | 8.23M | 6.28M | 7.79M | 8.27M |
| SG&A % of Revenue | 2.35% | 2.18% | 2.41% | 2.12% | 3.15% | 2.26% | 2.62% | 2.68% | 2.49% | 2.65% | 2.1% | 2.74% | 2.57% | 0.78% | 2.09% | 2.21% | 2.27% | 1.9% | 2.65% | 2.57% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10K | 24K | 21K |
| Operating Income | 86.57M | 89.76M | 91.98M | 91.23M | 46.61M | 92.03M | 109.69M | 93.63M | 95.1M | 92.82M | 86.24M | 80.49M | 98.16M | 95.28M | 81.82M | 87.38M | 83.21M | 140.77M | 68.14M | 122.76M |
| Operating Margin % | 28.32% | 27.78% | 29.78% | 30.71% | 19.61% | 31.73% | 39.6% | 32.95% | 33.41% | 31.22% | 26.81% | 30.47% | 31.9% | 25.97% | 19.71% | 19.47% | 22.96% | 42.6% | 23.18% | 38.1% |
| Operating Income Growth % | 85.74% | -2.46% | -16.15% | -2.56% | -50.99% | -0.85% | 27.19% | 16.32% | -3.11% | -2.58% | 5.41% | -7.88% | 17.96% | -32.32% | 20.08% | -28.82% | 5.3% | 81.38% | -27.62% | 46.33% |
| EBITDA | 120.87M | 124.31M | 113.94M | 106.59M | 56.34M | 119.5M | 137.8M | 121.94M | 123.1M | 121.12M | 114.47M | 107.53M | 124.8M | 124.67M | 111.21M | 118.39M | 114.49M | 166.75M | 94.72M | 151.46M |
| EBITDA Margin % | 39.54% | 38.48% | 36.89% | 35.87% | 23.71% | 41.2% | 49.75% | 42.91% | 43.24% | 40.74% | 35.59% | 40.7% | 40.56% | 33.98% | 26.79% | 26.38% | 31.59% | 50.46% | 32.22% | 47% |
| EBITDA Growth % | 114.55% | 4.03% | -17.31% | -12.59% | -54.24% | -1.33% | 20.39% | 13.4% | -1.36% | -2.85% | 2.93% | -9.17% | 9% | -25.24% | 17.4% | -21.83% | 7.44% | 61.9% | -21.1% | 38.06% |
| D&A (Non-Cash Add-back) | 34.3M | 34.55M | 21.97M | 15.36M | 9.73M | 27.48M | 28.11M | 28.32M | 27.99M | 28.3M | 28.23M | 27.04M | 26.64M | 29.39M | 29.39M | 31.01M | 31.28M | 25.98M | 26.59M | 28.7M |
| EBIT | 86.57M | 89.96M | 92.2M | 91.91M | 36.88M | 93.36M | 111.01M | 94.88M | 96.44M | 93.89M | 87.51M | 81.55M | 98.98M | 96.16M | 82.43M | 87.38M | 83.21M | 140.78M | 68.16M | 122.78M |
| Net Interest Income | 0 | -5.51M | -28.84M | -5.91M | -5.54M | -5.77M | -6.7M | -6.65M | -6.58M | -6.63M | -6.44M | -6.12M | -7.32M | -4.7M | -3.65M | -2.86M | -2.2M | -2.17M | -2.19M | -2.22M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -5.08M | 5.51M | 28.84M | 5.91M | 5.54M | 5.77M | 6.7M | 6.65M | 6.58M | 6.63M | 6.44M | 6.12M | 7.32M | 4.7M | 3.65M | 2.86M | 2.2M | 2.17M | 2.19M | 2.22M |
| Other Income/Expense | -4.74M | -5.31M | -5.72M | -5.23M | -4.19M | -4.44M | -5.37M | -5.39M | -5.25M | -5.55M | -5.17M | -5.06M | -6.5M | -3.82M | -3.03M | -2.77M | -2.22M | -2.16M | -2.17M | -2.2M |
| Pretax Income | 81.83M | 84.45M | 86.26M | 86M | 42.42M | 87.59M | 104.32M | 88.23M | 89.86M | 87.26M | 81.08M | 75.44M | 91.66M | 91.45M | 78.79M | 84.61M | 80.99M | 138.61M | 65.97M | 120.56M |
| Pretax Margin % | 26.77% | 26.14% | 27.92% | 28.94% | 17.85% | 30.2% | 37.66% | 31.05% | 31.56% | 29.35% | 25.2% | 28.56% | 29.79% | 24.93% | 18.98% | 18.85% | 22.35% | 41.95% | 22.44% | 37.41% |
| Income Tax | 177K | 193K | 42K | 205K | 107K | 202K | 216K | 207K | 210K | 206K | 222K | 173K | 212K | 195K | 484K | 175K | 163K | 216K | -105K | 263K |
| Effective Tax Rate % | 0.22% | 0.23% | 0.05% | 0.24% | 0.25% | 0.23% | 0.21% | 0.23% | 0.23% | 0.24% | 0.27% | 0.23% | 0.23% | 0.21% | 0.61% | 0.21% | 0.2% | 0.16% | -0.16% | 0.22% |
| Net Income | 81.66M | 84.26M | 14.65M | 14.56M | 4.95M | 15M | 18.14M | 14.43M | 14.83M | 14.3M | 13.21M | 11.89M | 14.89M | 16.78M | 14.76M | 16.44M | 16.19M | 29.51M | 12.79M | 25.1M |
| Net Margin % | 26.71% | 26.08% | 4.74% | 4.9% | 2.08% | 5.17% | 6.55% | 5.08% | 5.21% | 4.81% | 4.11% | 4.5% | 4.84% | 4.58% | 3.55% | 3.66% | 4.47% | 8.93% | 4.35% | 7.79% |
| Net Income Growth % | 1550.26% | 461.87% | -19.2% | 0.91% | -66.64% | 4.87% | 37.33% | 21.38% | -0.4% | -14.81% | -10.51% | -27.69% | -8.04% | -43.13% | 15.38% | -34.51% | 6.92% | 96.42% | -31% | 68.9% |
| Net Income (Continuing) | 81.66M | 84.26M | 86.21M | 85.8M | 42.31M | 87.39M | 104.1M | 88.03M | 89.65M | 87.06M | 80.85M | 75.26M | 91.45M | 91.26M | 78.31M | 84.44M | 80.83M | 138.39M | 66.08M | 120.29M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 293.72M | 301.24M | 310.13M | 326.18M | 296.07M | 310.61M | 317.5M | 316.24M | 327.51M | 333.74M | 336.46M | 339.88M | 357.09M | 369.21M | 417.84M | 432.96M | 440.09M | 436.15M | 381.18M | 424.58M |
| EPS (Diluted) | 0.40 | 2.39 | 0.42 | 0.41 | 0.14 | 0.43 | 0.51 | 0.41 | 0.42 | 0.41 | 0.37 | 0.34 | 0.42 | 0.48 | 0.42 | 0.47 | 0.46 | 0.84 | 0.36 | 0.71 |
| EPS Growth % | 185.71% | 455.81% | -17.65% | 0% | -66.67% | 4.88% | 37.84% | 20.59% | 0% | -14.58% | -11.9% | -27.66% | -8.7% | -42.86% | 16.67% | -33.8% | 6.98% | 95.35% | -32.08% | 65.12% |
| EPS (Basic) | 0.40 | 2.39 | 0.42 | 0.41 | 0.14 | 0.43 | 0.51 | 0.41 | 0.42 | 0.41 | 0.37 | 0.34 | 0.42 | 0.48 | 0.42 | 0.47 | 0.46 | 0.84 | 0.36 | 0.71 |
| Diluted Shares Outstanding | 35.42M | 35.23M | 35.23M | 35.23M | 35.23M | 35.24M | 35.23M | 35.23M | 35.23M | 35.23M | 35.23M | 35.22M | 35.22M | 34.97M | 35.22M | 35.21M | 35.21M | 35.13M | 35.21M | 35.2M |
| Basic Shares Outstanding | 35.42M | 35.23M | 35.23M | 35.23M | 35.23M | 35.24M | 35.23M | 35.23M | 35.23M | 35.23M | 35.23M | 35.22M | 35.22M | 34.97M | 35.22M | 35.21M | 35.21M | 35.13M | 35.21M | 35.2M |
| Dividend Payout Ratio | 20.35% | 19.72% | 113.39% | 114.1% | 335.71% | 110.77% | 91.59% | 115.11% | 111.96% | 116.14% | 125.75% | 139.69% | 111.5% | 98.93% | 112.52% | 100.99% | 102.53% | 56.25% | 129.73% | 66.11% |