Westlake Chemical Partners LP (WLKP) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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WLKP Revenue Growth
Revenue Breakdown (FY 2020)
WLKP's revenue distribution by segment and geography for fiscal year 2020
By Product/Segment
WLKP Revenue Analysis (2014–2025)
As of May 7, 2026, Westlake Chemical Partners LP (WLKP) generated trailing twelve-month (TTM) revenue of $1.23 billion, reflecting exceptional growth of +28.6% year-over-year. The most recent quarter (Q1 2026) recorded $305.7 million in revenue, down 5.4% sequentially.
Looking at the longer-term picture, WLKP's 5-year compound annual growth rate (CAGR) stands at +3.8%, indicating moderate growth over time. The company achieved its highest annual revenue of $1.75 billion in 2014.
Revenue diversification analysis shows WLKP's business is primarily driven by Product and Service, Other (100%). With over half of revenue concentrated in Product and Service, Other, the company maintains significant focus in this area while developing other growth vectors.
When compared to Basic Materials sector peers including MPLX (+12.1% YoY), HESM (+8.6% YoY), and CAPL (+15.0% YoY), WLKP has outperformed the peer group in terms of revenue growth. Compare WLKP vs MPLX →
WLKP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WLKPCurrent | $1.2B | +28.6% | +3.8% | 27.4% | |
 MPLX | $11.8B | +12.1% | +7.1% | 40.3% | |
 HESM | $1.6B | +8.6% | +8.2% | 62.2% | |
 CAPL | $3.7B | +15.0% | +13.6% | 5.6% | |
 WLK | $11.2B | -8.6% | +8.3% | -14.1% | |
 OLN | $6.8B | +3.7% | +3.3% | 1.7% |
WLKP Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.17B | +2.7% | $347.8M | 29.8% | $319.6M | 27.4% |
| 2024 | $1.14B | -4.6% | $418.9M | 36.9% | $390.4M | 34.4% |
| 2023 | $1.19B | -25.3% | $387.5M | 32.5% | $357.7M | 30.0% |
| 2022 | $1.59B | +31.1% | $377.4M | 23.7% | $347.7M | 21.8% |
| 2021 | $1.21B | +25.7% | $441.7M | 36.4% | $410.7M | 33.8% |
| 2020 | $966.7M | -11.5% | $378.9M | 39.2% | $353.0M | 36.5% |
| 2019 | $1.09B | -15.1% | $379.4M | 34.8% | $350.1M | 32.1% |
| 2018 | $1.29B | +9.6% | $377.2M | 29.3% | $349.6M | 27.2% |
| 2017 | $1.17B | +18.9% | $403.7M | 34.4% | $374.4M | 31.9% |
| 2016 | $986.7M | -2.0% | $391.3M | 39.7% | $366.4M | 37.1% |
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Start ComparisonWLKP — Frequently Asked Questions
Quick answers to the most common questions about buying WLKP stock.
Is WLKP's revenue growth accelerating or slowing?
WLKP revenue is accelerating at +28.6% year-over-year, exceeding the 5-year CAGR of +3.8%. TTM revenue reached $1.2B. Growth momentum has increased versus prior periods.
What is WLKP's long-term revenue growth rate?
Westlake Chemical Partners LP's 5-year revenue CAGR of +3.8% reflects the sustained expansion pattern. Current YoY growth of +28.6% is above this long-term average.
How is WLKP's revenue distributed by segment?
WLKP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.