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Price (delayed)
$22.49
Market cap
$792.34M
P/E Ratio
14.06
Dividend/share
$1.89
EPS
$1.6
Enterprise value
$1.13B
Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities and other qualified assets. Headquartered in Houston, the Partnership owns
Highlights
The gross margin has increased by 18% year-on-year
The gross profit is up by 3.8% year-on-year and by 3.5% since the previous quarter
The quick ratio has increased by 40% year-on-year but it has declined by 10% since the previous quarter
WLKP's EPS is up by 4.6% QoQ but it is down by 3% YoY
WLKP's price to earnings (P/E) is 14% more than its 5-year quarterly average of 12.3
Westlake Chemical Partners's revenue has decreased by 12% YoY
Key stats
What are the main financial stats of WLKP
Market
Valuations
Earnings
Shares outstanding
35.23M
Market cap
$792.34M
Enterprise value
$1.13B
Price to earnings (P/E)
14.06
Price to book (P/B)
2.87
Price to sales (P/S)
0.67
EV/EBIT
13.42
EV/EBITDA
5.72
EV/Sales
0.95
Revenue
$1.19B
EBIT
$83.91M
EBITDA
$196.75M
Free cash flow
$385.45M
Per share
Balance sheet
Liquidity
EPS
$1.6
Free cash flow per share
$10.94
Book value per share
$7.84
Revenue per share
$33.72
TBVPS
$36.41
Total assets
$1.29B
Total liabilities
$453.52M
Debt
$399.67M
Equity
$276.04M
Working capital
$182.52M
Debt to equity
1.45
Current ratio
4.68
Quick ratio
4.57
Net debt/EBITDA
1.7
Margins
Efficiency
Dividend
EBITDA margin
16.6%
Gross margin
33.4%
Net margin
4.8%
Operating margin
31%
Return on assets
4.3%
Return on equity
20.3%
Return on invested capital
5.3%
Return on capital employed
6.8%
Return on sales
7.1%
Dividend yield
8.39%
DPS
$1.89
Payout ratio
117.9%
WLKP stock price
How has the Westlake Chemical Partners stock price performed over time
Intraday
0.9%
1 week
0.09%
1 month
1.26%
1 year
3.98%
YTD
3.88%
QTD
0.36%
Financial performance
How have Westlake Chemical Partners's revenue and profit performed over time
Revenue
$1.19B
Gross profit
$397.08M
Operating income
$367.79M
Net income
$56.77M
Gross margin
33.4%
Net margin
4.8%
Westlake Chemical Partners's operating margin has increased by 18% YoY
The gross margin has increased by 18% year-on-year
Westlake Chemical Partners's revenue has decreased by 12% YoY
WLKP's net margin is up by 12% year-on-year and by 4.3% since the previous quarter
Growth
What is Westlake Chemical Partners's growth rate over time
Valuation
What is Westlake Chemical Partners stock price valuation
P/E
14.06
P/B
2.87
P/S
0.67
EV/EBIT
13.42
EV/EBITDA
5.72
EV/Sales
0.95
WLKP's price to earnings (P/E) is 14% more than its 5-year quarterly average of 12.3
WLKP's EPS is up by 4.6% QoQ but it is down by 3% YoY
WLKP's price to book (P/B) is 2.5% higher than its 5-year quarterly average of 2.8 and 2.5% higher than its last 4 quarters average of 2.8
The company's equity fell by 3.3% YoY
Westlake Chemical Partners's revenue has decreased by 12% YoY
WLKP's price to sales (P/S) is 12% higher than its last 4 quarters average of 0.6 but 4.3% lower than its 5-year quarterly average of 0.7
Efficiency
How efficient is Westlake Chemical Partners business performance
WLKP's ROS is up by 18% YoY and by 2.9% QoQ
The return on invested capital has increased by 6% year-on-year and by 3.9% since the previous quarter
Westlake Chemical Partners's return on assets has increased by 4.9% QoQ
Westlake Chemical Partners's ROE has increased by 5% from the previous quarter
Dividends
What is WLKP's dividend history
DPS
$1.89
Dividend yield
8.39%
Payout ratio
117.9%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Westlake Chemical Partners financials performed over time
Westlake Chemical Partners's total assets is 184% higher than its total liabilities
The company's current ratio rose by 41% YoY but it fell by 10% QoQ
The quick ratio has increased by 40% year-on-year but it has declined by 10% since the previous quarter
WLKP's debt is 45% greater than its equity
The company's debt to equity rose by 3.6% YoY
The company's equity fell by 3.3% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.