Saturday 10 October 2026 Export all WLKP data to Excel Powerpack

Westlake Chemical Partners LP

Westlake Chemical Partners LP’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 2.71% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 2.44%, free cash flow grew 866.7% and total debt was flat, each against the same quarter a year earlier. Dividend growth for ten consecutive years.

21.19 0.22 −1.03%

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Market cap: $754.6M
P/E: 13.0×
Fwd P/E: 12.3×
Dividend yield: 8.91%
F-score: 4/9
Altman Z: n/a
Beneish M: −2.46
Dividend safety: 92/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.61%

Capital & Financial Ratios $m

Market Cap 754.62

Revenue 1,234.72

Net Income 334.49

Free Cash Flow 409.14

Net Debt 350.35

Current Ratio 3.44

Debt/Equity 0.52

P/E ratio 12.98

Fwd P/E 12.30

P/S ratio 0.60

P/B ratio 0.97

Past 5Y EPS Growth (6.00%)

This Y EPS Growth 8.35%

Next Y EPS Growth 13.64%

Next Y revenue growth 16.23%

Next 5Y EPS Growth 13.15%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 32.24%

10-year low 10-year high

P/S against its own 10 years 33.68%

10-year low 10-year high

P/B against its own 10 years 81.79%

10-year low 10-year high

EV/Sales against its own 10 years 66.29%

10-year low 10-year high

EV/FCF against its own 10 years 51.49%

10-year low 10-year high

Dividends

Payout Ratio 1.16

Annual Dividend Rate 1.89

Annual Dividend Yield 8.91%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.89	0.47 0.47 0.47
2025	1.89	0.47 0.47 0.47 0.47
2024	1.89	0.47 0.47 0.47 0.47
2023	1.89	0.47 0.47 0.47 0.47
2022	1.89	0.47 0.47 0.47 0.47
2021	1.89	0.47 0.47 0.47 0.47
2020	1.89	0.47 0.47 0.47 0.47
2019	1.80	0.43 0.45 0.46 0.46
2018	1.61	0.39 0.40 0.41 0.42
2017	1.44	0.35 0.35 0.37 0.38
2016	1.62	0.31 0.32 0.33 0.34 0.34

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	59	58	44	49
Receivables	163	178	96	105
Inventory	4	4	3	4
Other	—	—	—	—
	226	241	144	158

	2023	2024	2025	Q'26
Payables	31	38	29	27
ST’ Debt	—	—	—	—
Other	—	—	—	—
	56	55	51	46

Compound Annual Growth %

	10y	5y	3y
Sales	1.48%	3.83%	(9.86%)
Cash Flow	(4.67%)	(5.56%)	(15.43%)
Earnings	2.03%	(5.95%)	(8.79%)
Book Value	(0.54%)	(2.60%)	(3.89%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	306	297	—	—	—
’25	238	297	309	323	1,167
’24	285	284	277	290	1,136
’23	308	264	322	297	1,191
’22	362	449	415	367	1,593
’21	268	322	294	330	1,215
’20	251	239	232	246	967

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	110	130	—	—	—
’25	46	9	105	120	280
’24	105	122	126	132	485
’23	145	99	101	108	452
’22	105	121	115	123	464
’21	155	132	99	22	408
’20	111	113	117	33	373

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	105	117	—	—	—
’25	30	(15)	76	112	202
’24	95	112	111	119	436
’23	132	94	84	95	405
’22	84	109	102	114	410
’21	143	117	88	(21)	327
’20	99	104	109	25	336

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.40	0.40	—	—	—
’25	0.14	0.41	0.42	0.41	1.38
’24	0.42	0.41	0.51	0.43	1.77
’23	0.42	0.34	0.37	0.41	1.54
’22	0.46	0.47	0.42	0.48	1.82
’21	0.43	0.71	0.36	0.84	2.34
’20	0.50	0.43	0.53	0.43	1.88

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	16.00	20.65	20.25	20.95	10.31	21.38	19.71	18.58	21.19	17.75	Analyst estimates 2026–2028 Powerpack
	High	24.00	26.25	27.75	26.42	26.48	27.57	29.40	26.00	24.34	25.04
People
People	Employees	141	119	145	150	144	151	148	152	153	155
	Revenue/emp, $m	7.00	9.86	8.87	7.28	6.71	8.05	10.76	7.83	7.42	7.53
Income, $m
Income, $m	Revenue	987	1,173	1,286	1,092	967	1,215	1,593	1,191	1,136	1,167
	Gross margin, %	39.66	34.41	29.34	34.75	39.19	36.36	23.69	32.54	36.88	29.81
	EBT	354	354	331	334	342	402	336	335	370	299
	EBT margin, %	35.92	30.21	25.71	30.56	35.35	33.08	21.08	28.17	32.57	25.64
	Net income	353	353	331	333	341	401	335	335	369	299
	Depreciation	98	114	109	107	103	109	121	110	112	128
Per share, $
Per share, $	Revenue	36.46	41.31	39.88	31.66	27.47	34.51	45.24	33.81	32.24	33.11
	Earnings	1.50	1.72	1.51	1.77	1.88	2.34	1.82	1.54	1.77	1.38
	Cash flow	10.63	18.93	13.53	13.07	10.61	11.60	13.17	12.83	13.77	7.96
	Capex	(11.07)	(2.43)	(1.24)	(1.27)	(1.05)	(2.31)	(1.54)	(1.33)	(1.39)	(2.24)
	Free cash flow	(0.44)	16.50	12.29	11.80	9.56	9.30	11.63	11.50	12.38	5.72
	Book value	34.03	35.18	28.97	27.61	26.00	27.63	25.66	24.31	23.54	22.77
	Shares, m	27	28	32	34	35	35	35	35	35	35
Valuation, ×
Valuation, ×	P/E	14.37	15.27	15.98	15.01	12.61	11.48	12.39	14.08	13.07	13.77
	P/S	0.59	0.61	0.61	0.83	0.87	0.78	0.50	0.64	0.72	0.57
	P/B	0.63	0.71	0.83	0.96	0.92	0.97	0.88	0.89	0.98	0.83
	EV/Sales	1.10	0.99	0.96	1.18	1.26	1.09	0.95	1.24	1.35	1.20
	EV/FCF	(91.41)	2.47	3.12	3.17	3.63	4.06	3.69	3.66	3.52	6.95
Cash, $m
Cash, $m	Operating cash flow	288	537	436	451	373	408	464	452	485	280
	Capex	(300)	(69)	(40)	(44)	(37)	(81)	(54)	(47)	(49)	(79)
	Free cash flow	(12)	468	396	407	336	327	410	405	436	202
Balance, $m
Balance, $m	Working capital	194	191	198	200	224	174	179	170	186	92
	Total debt	595	474	478	400	400	400	400	400	400	400
	Net debt	506	447	458	380	383	383	335	341	341	355
	Shareholders’ equity	921	999	934	952	915	973	904	856	829	802
Returns, %
Returns, %	ROA	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
	ROE	4.63	5.07	5.11	6.47	7.09	8.75	6.84	6.17	7.40	5.97

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
HUN Huntsman Corporation	$1.5B	— (loss-making)	— (loss-making)	+14.06% (above 0%: growing)	n/m	−266.67% (below 0%: shrinking)	14.73%	2.22%	Compare
GPRE Green Plains, Inc.	$1.1B	8.0×	8.2×	−19.28% (below 0%: shrinking)	n/m	+57.21% (above 0%: growing)	25.33%	15.21%	Compare
WLKP Westlake Chemical Partners LP	$754.6M	13.0×	12.3×	−0.01% (below 0%: shrinking)	−2.44% (below 0%: shrinking)	+866.65% (above 0%: growing)	31.91%	29.39%
LXU Lsb Industries Inc.	$729.3M	19.6×	12.8×	+11.10% (above 0%: growing)	n/m	+9,653.02% (above 0%: growing)	6.82%	(1.63%)	Compare
TROX Tronox Holdings PLC	$603.7M	— (loss-making)	— (loss-making)	+18.74% (above 0%: growing)	n/m	+241.51% (above 0%: growing)	6.34%	(2.42%)	Compare
RYAM Rayonier Advanced Materials Inc.	$468.8M	— (loss-making)	— (loss-making)	+10.61% (above 0%: growing)	n/m	+69.92% (above 0%: growing)	6.10%	(1.69%)	Compare
ASIX AdvanSix	$450.9M	— (loss-making)	24.1×	+2.75% (above 0%: growing)	−89.74% (below 0%: shrinking)	−49.21% (below 0%: shrinking)	7.38%	2.15%	Compare
ASPI ASP Isotopes Inc.	$433.9M	— (loss-making)	— (loss-making)	+327.63% (above 0%: growing)	n/m	−182.92% (below 0%: shrinking)	28.89%	(667.48%)	Compare
VHI Valhi, Inc.	$422.3M	— (loss-making)	7.0×	+9.82% (above 0%: growing)	+2,500.00% (above 0%: growing)	+435.16% (above 0%: growing)	22.56%	9.88%	Compare
Median of peers	$536.2M	—	10.5×	+10.86%	—	+63.57%	11.06%	0.26%

All 17 Chemicals stocks →

Westlake Chemical Partners LP (WLKP) key facts

Concern: Net income was $298.6 million, or $1.38 per share (basic), a net margin of 4.17%.
Strength: Westlake Chemical Partners LP’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 2.71% from fiscal 2024.
Westlake Chemical Partners LP (WLKP) is a Chemicals company in the Basic Materials sector, listed on the New York Stock Exchange.
As of October 9, 2026, WLKP traded at $21.19, a market capitalization of $754.6 million.
At that price the stock trades at 13.0× trailing-twelve-month earnings and 0.6× sales; its P/E is higher than 32% of its own readings over the past ten years.
Westlake Chemical Partners LP pays an annual dividend of $1.89 per share, a yield of 8.91%, with a payout ratio of 115.7%.
Return on equity was 5.97% and debt-to-equity 0.52.
Its Piotroski F-score is 4 out of 9 for fiscal 2025.