WLKP
Westlake Chemical Partners LP
NYSE: WLKP · BASIC MATERIALS · CHEMICALS
$22.86
+0.18% today
Updated 2026-04-29
Market cap
$804.31M
P/E ratio
16.54
P/S ratio
0.69x
EPS (TTM)
$1.38
Dividend yield
8.37%
52W range
$17 – $23
Volume
0.0M
Westlake Chemical Partners LP (WLKP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.25B | $2.25B | $2.13B | $1.75B | $1.01B | $986.74M | $1.17B | $1.29B | $1.09B | $966.67M | $1.21B | $1.59B | $1.19B | $1.14B | $1.17B |
| Revenue growth (YoY) | — | -0.1% | -5.4% | -17.8% | -42.4% | -2.0% | +18.9% | +9.6% | -15.1% | -11.5% | +25.7% | +31.1% | -25.3% | -4.6% | +2.7% |
| Cost of revenue | $1.84B | $1.61B | $1.26B | $1.00B | $624.34M | $595.40M | $769.31M | $908.46M | $712.44M | $587.79M | $773.15M | $1.22B | $803.33M | $716.96M | $818.85M |
| Gross profit | $409.10M | $635.65M | $872.61M | $745.81M | $382.88M | $391.33M | $403.67M | $377.16M | $379.43M | $378.88M | $441.71M | $377.37M | $387.46M | $418.94M | $347.85M |
| Gross margin | 18.2% | 28.3% | 41.0% | 42.6% | 38.0% | 39.7% | 34.4% | 29.3% | 34.8% | 39.2% | 36.4% | 23.7% | 32.5% | 36.9% | 29.8% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | — | $22.48M | $24.05M | $21.30M | $20.68M | $21.97M | $27.26M | $24.62M | $26.95M | $22.16M | $28.58M | $26.62M | $27.09M | $25.65M | $28.27M |
| Operating income | $384.79M | $611.55M | $847.16M | $716.56M | $359.33M | $366.44M | $374.41M | $349.57M | $350.15M | $352.99M | $410.69M | $347.69M | $357.71M | $390.44M | $319.58M |
| Operating margin | 17.1% | 27.2% | 39.8% | 41.0% | 35.7% | 37.1% | 31.9% | 27.2% | 32.1% | 36.5% | 33.8% | 21.8% | 30.0% | 34.4% | 27.4% |
| EBITDA | $444.78M | $679.99M | $928.32M | $797.32M | $440.51M | $464.92M | $490.18M | $460.87M | $460.57M | $456.88M | $519.56M | $470.33M | $472.14M | $507.59M | $450.00M |
| EBITDA margin | 19.8% | 30.2% | 43.6% | 45.6% | 43.7% | 47.1% | 41.8% | 35.8% | 42.2% | 47.3% | 42.8% | 29.5% | 39.6% | 44.7% | 38.6% |
| EBIT | $387.59M | $615.74M | $854.86M | $719.71M | $359.30M | $366.71M | $376.20M | $352.03M | $353.25M | $353.72M | $410.75M | $349.25M | $361.94M | $395.69M | $322.02M |
| Interest expense | $8.95M | $8.94M | $8.03M | $10.50M | $4.97M | $12.61M | $21.86M | $21.43M | $19.62M | $12.04M | $8.82M | $13.41M | $26.50M | $25.70M | $22.90M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $246.97M | $395.92M | $546.55M | $13.58M | $39.83M | $40.94M | $48.67M | $49.35M | $60.98M | $66.17M | $82.55M | $64.17M | $54.28M | $62.39M | $298.58M |
| Net income growth (YoY) | — | +60.3% | +38.0% | -97.5% | +193.4% | +2.8% | +18.9% | +1.4% | +23.6% | +8.5% | +24.8% | -22.3% | -15.4% | +14.9% | +378.5% |
| Profit margin | 11.0% | 17.6% | 25.7% | 0.8% | 4.0% | 4.1% | 4.1% | 3.8% | 5.6% | 6.8% | 6.8% | 4.0% | 4.6% | 5.5% | 25.6% |