Westlake vs Westlake Chemical Partners LP
WLK and WLKP side by side, both in chemicals and allied products. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How WLK and WLKP compare
Westlake is the larger company, worth 12 times as much as Westlake Chemical Partners LP ($8.7B against $749M).
Westlake Chemical Partners LP grew revenue faster over the last twelve months (12.1% versus −4.0% for Westlake).
Westlake Chemical Partners LP keeps more of each dollar of sales as profit, with a net margin of 4.7% compared with −10.9% at Westlake.
Both pay dividends: Westlake yields 3.1% and Westlake Chemical Partners LP 8.9%.
Westlake Chemical Partners LP scores higher on the StockData Score (12 against 9 for Westlake), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | WLK | WLKP |
|---|---|---|
| Size and price | ||
| Market cap | $8.7B | $749M |
| Share price | $68.28 | $21.26 |
| Change, 1 year | −7.1% | 12.2% |
| Change, 5 years | −31.1% | −18.1% |
| Beta (5Y) | 0.93 | 0.38 |
| Employees | 15K | – |
| StockData Score | ||
| Total score | 9 | 12 (better) |
| Valuation score | 3 | 3 |
| Growth score | 0 | 2 (better) |
| Performance score | 2 (better) | 1 |
| Health score | 2 | 3 (better) |
| Dividend score | 2 | 3 (better) |
| Valuation | ||
| P/S | 0.8× | 0.6× (better) |
| P/B | 1.0× | – |
| EV/EBITDA | – | 1.4× |
| P/FCF | – | 1.8× |
| FCF yield | −3.0% | 54.6% (better) |
| Fair value | $112.33 | $191.57 |
| Margin of safety | 39.2% | 88.9% (better) |
| Growth | ||
| Revenue growth (TTM) | −4.0% | 12.1% (better) |
| Revenue growth, 5Y average | 8.3% (better) | 3.8% |
| Net income growth (TTM) | – | 9.4% |
| Profitability | ||
| Gross margin | 9.6% | 31.2% (better) |
| Operating margin | −11.0% | 28.8% (better) |
| Net margin | −10.9% | 4.7% (better) |
| FCF margin | −2.3% | 33.1% (better) |
| Return on equity | −13.0% | – |
| Return on invested capital | −8.0% | – |
| Financial health | ||
| Debt / equity | 0.58 | – |
| Interest coverage | −6.1× | 16.4× (better) |
| Current ratio | 2.45 | 3.44 (better) |
| Altman Z-score | 1.71 | 3.09 (better) |
| Piotroski F-score | 3 | 5 (better) |
| Dividends and buybacks | ||
| Dividend yield | 3.1% | 8.9% (better) |
| Years of dividend growth | 12 | – |
| Dividend growth, 5Y average | 14.7% | – |
| Buyback yield | 0.72% | – |
| Shareholder yield | 3.8% | 8.9% (better) |
| Ownership | ||
| Held by institutions | 31.1% | 29.1% |
| Held by insiders | 73.9% | 44.3% |
| Insider net buying, 12 months | −$10.2M | – |
| Short interest, % of float | 14.6% | 0.70% |
Go deeper
- WLK stock overview
- WLK income statement
- WLK valuation and score
- WLKP stock overview
- WLKP income statement
- WLKP valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.