Westlake Chemical Partners LP
WLKP NYSE· Industrial Organic Chemicals
Last close · Oct 27, 2026
$21.15
KIRA · Stoqly’s AI analyst, in plain words
- Westlake Chemical Partners LP had $1.2B of revenue in fiscal 2025, up 2.7% on the year before. Over five years, revenue changed +3.8% a year on average.
- Its operating margin was 27.4%, down 7.0 pts: of every 100 in sales, about 27 is left after running the business.
- Westlake Chemical Partners LP made $48.7M of net profit in fiscal 2025.
- Free cash flow was $202M in fiscal 2025, 17.3% of revenue.
Market cap
—
P/E
—
Revenue
$1.2B
Net income
$48.7M
Free cash flow
$202M
Operating margin
27.4%
Westlake Chemical Partners LP in 30 seconds · fiscal 2025
Are sales growing?
+2.7%
Only a little. Sales grew 2.7% last year.
Does it make a profit?
4.2%
A little. It keeps 4.2% of every sale as profit.
Does profit turn into cash?
17.3%
Yes. 17.3% of sales ends up as free cash.
How healthy are the accounts?
4 / 7
Mixed. It passes 4 of 7 health tests.
What Westlake Chemical Partners LP does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 4, 2026
- Legal name
- Westlake Chemical Partners LP
- CIK
- 0001604665
Westlake Chemical Partners LP · WLKP
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.2B | $1.6B | $1.2B | $1.1B | $1.2B |
| Revenue growth | 25.7% | 31.1% | −25.3% | −4.6% | 2.7% |
| Gross margin | 36.4% | 23.7% | 32.5% | 36.9% | 29.8% |
| Operating margin | 33.8% | 21.8% | 30.0% | 34.4% | 27.4% |
| Net income | $82.5M | $64.2M | $54.3M | $62.4M | $48.7M |
| Net margin | 6.8% | 4.0% | 4.6% | 5.5% | 4.2% |
| Cash | |||||
| Cash from operations | $408M | $464M | $452M | $485M | $280M |
| Capital expenditure | $81.2M | $54.1M | $46.8M | $49.0M | $78.8M |
| Free cash flow | $327M | $410M | $405M | $436M | $202M |
| FCF margin | 26.9% | 25.7% | 34.0% | 38.4% | 17.3% |
| Share count change | 0.0% | — | — | — | — |
| Debt and strength | |||||
| Cash and short-term investments | $17.1M | $64.8M | $58.6M | $58.3M | $44.3M |
| Current ratio | 2.6x | 3.7x | 4.0x | 4.4x | 2.8x |
| Interest coverage | — | 25.9x | 13.5x | 15.2x | 14.0x |
| Returns and quality | |||||
| Piotroski F-score | 5 | 5 | 5 | 6 | 4 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Westlake Chemical Partners LP · WLKP
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $21.15 a share, the company is worth —.
Source: SEC EDGAR XBRL filings (CIK 0001604665). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.