WLKPNYSEIndustrial Organic ChemicalsFiscal year ends December 31
Westlake Chemical Partners LP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$20.91+0.11 (+0.53%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2025
Gross margin
29.8%−9.4 pts over 5 years
Operating margin
27.4%−9.1 pts over 5 years
Net margin
4.2%−2.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +2.7% | -9.9% | +3.8% | +1.5% | |
| Gross profit | -17.0% | -2.7% | -1.7% | -1.0% | |
| Operating income | -18.2% | -2.8% | -2.0% | -1.2% | |
| Net income | -21.9% | -8.8% | -5.9% | +2.0% | |
| Free cash flow | -53.8% | -21.0% | -9.7% | -0.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | 2.9% | 4.8% | 3.8% | |
| Current ratio | 6.15 | 6.62 | 2.80 | |
| Interest coverage | – | – | 14.0× | |
| Inventory turnover | 152.4× | 197.3× | 239.9× | |
| Capex to revenue | 30.4% | 3.8% | 6.8% | |
| Diluted shares | 27M | 35M | – |
Where the cash went
Fiscal 2021 to 2025, five years combined
Westlake Chemical Partners LP generated $2.09B from operations and spent $309.90M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$2.09B
Used
$309.90M
Capital expenditure$309.90M100%Dividends$00%Share buybacks$00%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$48.70M
- Cash generatingOperating cash flow above zero$280.47M
- Return on assets improvedROA up on the prior year4.7% → 3.8%
- Earnings backed by cashOperating cash flow above net income$280.47M vs $48.70M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose4.35 → 2.80
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year36.88% → 29.81%
- More efficientAsset turnover rose0.86 → 0.91