Westlake Chemical Partners LP (WLKP) Financial Statements
Industry: Industrial Organic Chemicals
In fiscal 2025, Westlake Chemical Partners reported revenue of $1.17B, up 2.7% from $1.14B the year before. Net income was $48.7M (a 4.2% net margin). Gross margin was 29.8% and operating margin was 27.4%. Operating activities generated $280.5M of cash, leaving $201.7M of free cash flow. At fiscal year end, Westlake Chemical Partners held $1.26B in total assets against $454.2M in total liabilities, including $44.3M of cash and equivalents.
Open the full interactive Westlake Chemical Partners financials → Quarterly statements, key ratios, valuation history and price charts.
Westlake Chemical Partners Key Stats
| Share Price | $21.10 |
|---|---|
| Revenue YoY Growth | +2.7% |
| 52-Week Range | $16.77 – $22.83 |
| Shares Outstanding | 35.2 million (basic, 2021 Q4) |
Westlake Chemical Partners Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $966.7M | $1.21B | $1.59B | $1.19B | $1.14B | $1.17B |
| Cost of Goods Sold | $587.8M | $773.2M | $1.22B | $803.3M | $717.0M | $818.8M |
| Gross Profit | $378.9M | $441.7M | $377.4M | $387.5M | $418.9M | $347.8M |
| Operating Income | $353.0M | $410.7M | $347.7M | $357.7M | $390.4M | $319.6M |
| Pre-Tax Income | $341.7M | $401.9M | $335.8M | $335.4M | $370.0M | $299.1M |
| Income Tax | $564,000 | $549,000 | $1.0M | $813,000 | $835,000 | $547,000 |
| Net Income | $66.2M | $82.5M | $64.2M | $54.3M | $62.4M | $48.7M |
| Diluted EPS | $1.88 | $2.34 | — | — | — | — |
Westlake Chemical Partners Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $308.9M | $323.0M | $305.7M | $297.1M |
| Net Income | $14.7M | $14.5M | $14.2M | $14.2M |
Westlake Chemical Partners Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $17.2M | $17.1M | $64.8M | $58.6M | $58.3M | $44.3M |
| Current Assets | $263.3M | $281.2M | $245.8M | $226.2M | $240.9M | $143.5M |
| Total Assets | $1.36B | $1.48B | $1.37B | $1.32B | $1.29B | $1.26B |
| Current Liabilities | $39.8M | $106.8M | $66.9M | $56.3M | $55.4M | $51.3M |
| Total Liabilities | $441.4M | $508.0M | $468.3M | $460.6M | $458.6M | $454.2M |
| Shareholders' Equity | $915.1M | $972.7M | $903.7M | $856.2M | $829.3M | $802.4M |
Westlake Chemical Partners Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $373.4M | $408.4M | $463.7M | $452.0M | $485.0M | $280.5M |
| Cash From Investing | $2.0M | -$64.3M | -$12.0M | -$75.9M | -$89.0M | $31.2M |
| Cash From Financing | -$378.2M | -$344.2M | -$404.0M | -$382.2M | -$396.3M | -$325.7M |
| Free Cash Flow | $336.4M | $327.3M | $409.6M | $405.2M | $436.0M | $201.7M |
Figures from Westlake Chemical Partners' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Westlake Chemical Partners financials page for every line item.
Westlake Chemical Partners Company Profile
| Ticker | WLKP |
|---|---|
| Exchange | NYSE |
| Industry | Industrial Organic Chemicals |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001604665 |
Frequently Asked Questions
What was Westlake Chemical Partners' revenue in fiscal 2025?
Westlake Chemical Partners (WLKP) reported revenue of $1.17B for fiscal 2025.
What is Westlake Chemical Partners' annual revenue history?
Westlake Chemical Partners' annual revenue by fiscal year: 2020: $966.7M; 2021: $1.21B; 2022: $1.59B; 2023: $1.19B; 2024: $1.14B; 2025: $1.17B.
What was Westlake Chemical Partners' net income in fiscal 2025?
Westlake Chemical Partners reported net income of $48.7M for fiscal 2025.
How much free cash flow did Westlake Chemical Partners generate in fiscal 2025?
Westlake Chemical Partners generated $201.7M of free cash flow in fiscal 2025.
What was Westlake Chemical Partners' revenue last quarter?
In its most recent reported quarter (2026 Q2), Westlake Chemical Partners reported revenue of $297.1M.
How many shares of Westlake Chemical Partners are outstanding?
Westlake Chemical Partners reported a weighted average of 35.2 million basic shares outstanding in 2021 Q4.
When does Westlake Chemical Partners' fiscal year end?
Westlake Chemical Partners' fiscal year end, as registered with the SEC, is December 31.
Where is Westlake Chemical Partners headquartered?
Westlake Chemical Partners lists its business address in Houston, Texas in its SEC filings.