Superworth

Westlake Chemical Partners WLKP

Chemicals - Specialty, Basic Materials
$21.15
+0.91%
Market cap
$745.5M
PE
13.0×
10y median 13.7×
Forward PE
n/m
not a meaningful number
Price to sales
0.6×
EV/EBIT
3.1×
Revenue, 12 months
$1.2B
+12% on a year ago
Net margin
4.7%
Free cash flow yield
n/m
a yield above 40% (usually a one-off)

Westlake Chemical Partners trades at 13.0× trailing earnings, cheaper than 69% of the last ten years. Revenue was $1.2B over the last twelve months, up 12% on a year earlier with a 5% net margin.

Charts

Financials

Income statement for WLKP, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$321.7M−23%$297.3M−19%$284.7M−8%$284.2M+8%$277M−14%$290.1M−2%$237.6M−17%$297.1M+5%$308.9M+12%$323M+11%$305.7M+29%$297.1M+0%
Cost of revenue$228.7M−30%$196.6M−27%$182.5M−10%$182.9M+4%$160.1M−30%$191.5M−3%$183.5M+1%$199.6M+9%$209.5M+31%$226.2M+18%$211.9M+16%$202.3M+1%
Gross profit$93M+3%$100.7M+3%$102.2M−4%$101.2M+15%$116.9M+26%$98.6M−2%$54.1M−47%$97.5M−4%$99.4M−15%$96.8M−2%$93.8M+73%$94.8M−3%
SG&A$6.7M−22%$7.9M+176%$7.1M−11%$7.6M+5%$7.3M+8%$6.6M−17%$7.5M+6%$6.3M−17%$7.4M+3%$7.1M+8%$7.2M−4%$7.5M+19%
$86.2M+5%$92.8M−3%$95.1M−3%$93.6M+16%$109.7M+27%$92M−1%$46.6M−51%$91.2M−3%$92M−16%$89.8M−3%$86.6M+86%$87.3M−4%
Interest expensen/an/a$6.6M$6.7M$6.7M$5.8M$5.5M−16%$5.9M−11%$5.9M−11%$5.5M−5%$5.1M−8%$5.1M−13%
Pre-tax income$81.1M+3%$87.3M−5%$89.9M−2%$88.2M+17%$104.3M+29%$87.6M+0%$42.4M−53%$86M−3%$86.3M−17%$84.5M−4%$81.8M+93%$82.5M−4%
$222K−54%$206K+6%$210K−1%$207K+20%$216K−3%$202K−2%$107K−49%$205K−1%$42K−81%$193K−5%$177K+65%$178K−13%
Net income$13.2M−11%$14.3M−15%$14.8M−0%$14.4M+21%$18.1M+37%$15M+5%$4.9M−67%$14.6M+1%$14.7M−19%$14.5M−3%$14.2M+186%$14.2M−2%
$0.37−12%$0.41−15%$0.42+0%$0.41+21%$0.51+38%$0.43+5%$0.14−67%$0.41+0%$0.42−18%$0.41−5%$0.40+186%$0.40−2%
35.2M+0%35.2M+0%35.2M+0%35.2M+0%35.2M+0%35.2M+0%35.2M+0%35.2M+0%35.2M+0%35.2M+0%35.2M+0%35.2M+0%

Revenue: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

Cost of revenue: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

Gross profit: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

SG&A: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

Operating income: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

Pre-tax income: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

Income tax: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

Net income: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

EPS, diluted: 43 periods, Q4 FY15 to Q2 FY26: quarter's net income to common over its shares, to the cent.

Diluted shares: 11 periods, Q4 FY15 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Chemicals - Specialty nearest Westlake Chemical Partners' size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
WLKPWestlake Chemical Partners$745.5M13.0×13.7×0.6×+12%4.7%
LXULSB Industries$712.1M19.8×7.9×1.1×+22%5.6%
GPREGreen Plains$979.9M8.8×26.1×0.5×−24%6.8%
LXFRLuxfer$462.4M59.6×22.4×1.3×−11%2.2%
REXREX AMERICAN RESOURCES$1.3B10.9×16.8×2.0×+1%19.7%
ALTOAlto Ingredients$280M5.4×13.8×0.3×+1%5.5%
SXTSensient Technologies$5.6B35.8×29.8×3.3×+8%9.3%
AXTAAxalta Coating Systems$7.3B21.1×28.3×1.4×−1%6.8%
Peer median$979.9M19.8×22.4×1.3×+1%6.8%

More on Westlake Chemical Partners

Each number over time

Where it ranks

Its groups

About

Industry
Chemicals - Specialty
Sector
Basic Materials

Valuation data, not investment advice. Prices as of .