Monday 2 November 2026
Export WLKP’s income statement to Excel — free account
Westlake Chemical Partners LP
WLKP Basic Materials Chemicals
Westlake Chemical Partners LP’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 2.71% from fiscal 2024.
- Revenue
- −0.01%
- EPS
- −2.44%
- Free cash flow
- +866.7%
- Total debt
- 0.00%
Quarter to June 2026, against a year earlier
21.97
0.71
+3.34%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
14.37 | 15.27 | 15.98 | 15.01 | 12.61 | 11.48 | 12.39 | 14.08 | 13.07 | 13.77 |
Piotroski F-Score |
6 | 6 | 5 | 7 | 6 | 6 | 6 | 5 | 6 | 4 |
P/S ratio |
0.59 | 0.61 | 0.61 | 0.83 | 0.87 | 0.78 | 0.50 | 0.64 | 0.72 | 0.57 |
P/FCF ratio |
0.00 | 1.52 | 1.96 | 2.24 | 2.49 | 2.89 | 1.95 | 1.88 | 1.87 | 3.32 |
P/Operating CF |
5.28 | 5.25 | 7.33 | 7.88 | 25.80 | 43.26 | 6.52 | 7.09 | 6.15 | 5.56 |
Beneish M-Score |
(0.43) | (2.62) | (2.70) | (3.04) | (2.58) | (1.44) | (2.79) | (3.06) | (2.88) | (2.46) |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 92 |
P/B ratio |
0.63 | 0.71 | 0.83 | 0.96 | 0.92 | 0.97 | 0.88 | 0.89 | 0.98 | 0.83 |
Price to Tangible BV |
0.64 | 0.72 | 0.84 | 0.96 | 0.92 | 0.98 | 0.89 | 0.90 | 0.99 | 0.84 |
EV/Sales |
1.10 | 0.99 | 0.96 | 1.18 | 1.26 | 1.09 | 0.95 | 1.24 | 1.35 | 1.20 |
EV/EBITDA |
2.34 | 2.37 | 2.70 | 2.82 | 2.68 | 2.56 | 3.22 | 3.17 | 3.05 | 3.13 |
EV/Operating CF |
3.78 | 2.16 | 2.83 | 2.86 | 3.27 | 3.25 | 3.26 | 3.28 | 3.16 | 5.00 |
EV/FCF |
(91.41) | 2.47 | 3.12 | 3.17 | 3.63 | 4.06 | 3.69 | 3.66 | 3.52 | 6.95 |
Quick Ratio |
6.03 | 5.60 | 4.97 | 6.06 | 6.53 | 2.55 | 3.60 | 3.93 | 4.27 | 2.74 |
Current Ratio |
6.15 | 5.75 | 5.07 | 6.14 | 6.62 | 2.63 | 3.67 | 4.02 | 4.35 | 2.80 |
Net Debt/EBITDA |
1.09 | 0.92 | 1.00 | 0.83 | 0.84 | 0.74 | 0.71 | 0.73 | 0.68 | 0.79 |
Debt/Assets |
38.23% | 31.28% | 32.67% | 28.68% | 29.46% | 26.99% | 29.13% | 30.35% | 31.03% | 31.81% |
Debt/Equity |
0.65 | 0.47 | 0.51 | 0.42 | 0.44 | 0.41 | 0.44 | 0.47 | 0.48 | 0.50 |
Asset Turnover |
0.69 | 0.76 | 0.86 | 0.76 | 0.70 | 0.86 | 1.12 | 0.89 | 0.87 | 0.92 |
Operating CF/Net income |
7.03 | 11.04 | 8.84 | 7.39 | 5.64 | 4.95 | 7.23 | 8.33 | 7.77 | 5.76 |
Capex/Depreciation |
(3.05) | (0.60) | (0.37) | (0.41) | (0.36) | (0.75) | (0.45) | (0.42) | (0.44) | (0.62) |
Interest Coverage |
29.07 | 17.13 | 16.31 | 17.84 | 29.32 | 46.58 | 25.93 | 13.50 | 15.19 | 13.96 |
| 4.63% | 5.07% | 5.11% | 6.47% | 7.09% | 8.75% | 6.84% | 6.17% | 7.40% | 5.97% | |
| 2.88% | 3.17% | 3.31% | 4.27% | 4.81% | 5.82% | 4.50% | 4.04% | 4.79% | 3.83% | |
ROIC |
16.05% | 16.19% | 15.70% | 16.43% | 17.00% | 18.94% | 17.54% | 18.67% | 20.85% | 17.25% |
Return on Tangible Assets |
2.89% | 3.51% | 3.66% | 4.68% | 5.19% | 6.78% | 5.49% | 4.87% | 5.73% | 4.98% |
Average Days of Receivables |
51.44 | 61.76 | 63.21 | 72.05 | 91.48 | 76.57 | 40.32 | 49.87 | 57.23 | 30.05 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
2.52% | 2.49% | 2.15% | 2.68% | 2.68% | 2.55% | 1.86% | 2.50% | 2.51% | 2.42% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(0.69) | (0.40) | (0.36) | (0.22) | (0.21) | (0.24) | (0.28) | (0.31) | (0.27) | (0.46) |
Graham Number |
33.89 | 36.03 | 31.37 | 33.06 | 33.25 | 38.14 | 32.51 | 29.02 | 30.62 | 26.59 |
Earnings Yield |
6.96% | 6.55% | 6.26% | 6.66% | 7.93% | 8.71% | 8.07% | 7.10% | 7.65% | 7.26% |
Free Cash Flow Yield |
(2.04%) | 65.87% | 50.94% | 44.68% | 40.10% | 34.61% | 51.28% | 53.06% | 53.48% | 30.12% |
Revenue per Share |
36.46 | 41.31 | 39.88 | 31.66 | 27.47 | 34.51 | 45.24 | 33.81 | 32.24 | 33.11 |
Operating CF per Share |
10.63 | 18.93 | 13.53 | 13.07 | 10.61 | 11.60 | 13.17 | 12.83 | 13.77 | 7.96 |
Capex per Share |
(11.07) | (2.43) | (1.24) | (1.27) | (1.05) | (2.31) | (1.54) | (1.33) | (1.39) | (2.24) |
Free Cash Flow per Share |
(0.44) | 16.50 | 12.29 | 11.80 | 9.56 | 9.30 | 11.63 | 11.50 | 12.38 | 5.72 |
Cash per Share |
3.29 | 0.95 | 0.61 | 0.58 | 0.49 | 0.48 | 1.84 | 1.66 | 1.66 | 1.26 |
Shareholders Equity per Share |
34.03 | 35.18 | 28.97 | 27.61 | 26.00 | 27.63 | 25.66 | 24.31 | 23.54 | 22.77 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
34.03 | 35.18 | 28.97 | 27.61 | 26.00 | 27.63 | 25.66 | 24.31 | 23.54 | 22.77 |
Free Cash Flow |
(11.91) | 468.50 | 396.29 | 407.10 | 336.43 | 327.27 | 409.62 | 405.18 | 436.03 | 201.65 |
Working Capital |
194.39 | 191.15 | 198.37 | 199.56 | 223.55 | 174.41 | 178.85 | 169.87 | 185.55 | 92.21 |
Capital Expenditures |
(299.64) | (68.86) | (39.86) | (43.71) | (36.97) | (81.17) | (54.12) | (46.82) | (48.97) | (78.82) |
Net Current Asset Value |
(402.10) | (285.14) | (280.90) | (202.91) | (178.05) | (226.79) | (222.48) | (234.39) | (217.72) | (310.67) |
EV/EBIT |
2.97 | 3.09 | 3.54 | 3.69 | 3.46 | 3.23 | 4.34 | 4.14 | 3.93 | 4.39 |
Capex to Sales |
0.30 | 0.06 | 0.03 | 0.04 | 0.04 | 0.07 | 0.03 | 0.04 | 0.04 | 0.07 |
Price to Operating Income |
1.59 | 1.90 | 2.23 | 2.60 | 2.38 | 2.30 | 2.30 | 2.13 | 2.09 | 2.10 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.08 | 0.10 | 0.09 | 0.10 | 0.10 | 0.10 | 0.12 | 0.12 | 0.12 | 0.14 |
Cash ROIC |
(0.74%) | 31.24% | 27.68% | 29.68% | 25.26% | 23.55% | 29.94% | 30.82% | 33.87% | 16.18% |
Accounts Receivable Turnover |
10.35 | 6.95 | 6.11 | 4.98 | 4.22 | 4.89 | 7.40 | 7.03 | 6.67 | 8.51 |
Accounts Payable Turnover |
21.13 | 33.02 | 31.84 | 26.45 | 27.77 | 23.12 | 25.51 | 19.89 | 20.54 | 24.24 |
Inventory Turnover |
152.41 | 161.55 | 182.09 | 207.35 | 197.31 | 124.98 | 178.62 | 175.65 | 168.89 | 239.88 |
Average Days of Payables |
13.52 | 11.64 | 13.07 | 10.93 | 13.03 | 21.67 | 14.83 | 14.25 | 19.58 | 12.97 |
Days of Inventory on Hand |
2.41 | 2.65 | 1.76 | 1.27 | 2.16 | 4.20 | 1.42 | 2.01 | 2.07 | 1.23 |
Average Receivables |
95.32 | 168.77 | 210.56 | 219.09 | 228.91 | 248.57 | 215.43 | 169.35 | 170.41 | 137.09 |
Average Payables |
28.17 | 23.30 | 28.53 | 26.93 | 21.16 | 33.44 | 47.65 | 40.38 | 34.90 | 33.78 |
Average Inventory |
3.91 | 4.76 | 4.99 | 3.44 | 2.98 | 6.19 | 6.81 | 4.57 | 4.25 | 3.41 |
Average Assets |
1,422.79 | 1,535.25 | 1,488.70 | 1,427.79 | 1,374.97 | 1,418.59 | 1,426.34 | 1,344.41 | 1,302.40 | 1,272.24 |
Average Common Equity |
884.07 | 959.86 | 966.42 | 943.11 | 933.64 | 943.92 | 938.20 | 879.98 | 842.78 | 815.83 |
Columns are period end dates